Paolo Frattaroli

NML

INSIDER · NEUBERGER ENERGY INFRASTRUCTURE & INCOME FUND INC. · CIK 0001746665

FILING MIX · LIFETIME100%/0%

BUYS

SELLS

TOTAL VALUE

$21.4K

COMPANIES

ACTIVE SINCE

Apr 2020

HOLDINGS NOW

7,000

AVG SELL PX

—

Trades · vs SPY

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Performance · forward returns vs SPY

2 backtested trades · 8 horizonsHow are these numbers computed? →

Forward-return performance of every backtestable P/S trade by Paolo Frattaroli, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	2	+100.00%	+8.54%	+6.70%	+1.84%	+1.84%	—
14d	2	+50.00%	+10.91%	+6.59%	+4.32%	+4.32%	—
30d	2	+50.00%	+22.82%	+4.92%	+17.90%	+17.90%	—
60d	2	+100.00%	+37.73%	+12.07%	+25.66%	+25.66%	—
90d	2	+50.00%	+26.79%	+12.99%	+13.80%	+13.80%	—
180d	2	+50.00%	+12.12%	+20.51%	-8.39%	-8.39%	—
1y	2	+50.00%	+69.48%	+39.43%	+30.06%	+30.06%	—
2y	2	+100.00%	+161.55%	+70.91%	+90.64%	+90.64%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

NML · 7,000 shares · as of Nov 23, 2022

Trading cadence · quarterly flow

BUY ● SELL ●

2020

2021

2022

FLOW · 2 buys / 0 sellsCOVERAGE · 11 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED	DETAILS
NML NEUBERGER ENERGY INFRASTRUCTURE & INCOME FUND INC.	PURCHASE	2,000	$7.06	$14.1K	7,000	Nov 23, 2022	Nov 23, 2022 ↗	View →
NML NEUBERGER ENERGY INFRASTRUCTURE & INCOME FUND INC.	PURCHASE	4,000	$1.81	$7.2K	5,000	Apr 3, 2020	Apr 7, 2020 ↗	View →

Other insiders · NML

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About this filer

CIK 0001746665

ROLE

Insider

PRIMARY

NML

COMPANIES

ACTIVE SINCE

Apr 2020

MARKETPEEL · /INSIDER/0001746665DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

Paolo Frattaroli

The morning brief, before the bell.