93,358 Neuberger Berman Energy Infrastructure and Income Fund Inc. $NML Shares Acquired by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 53.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 267,682 shares of the investment management company’s stock after purchasing an additional 93,358 shares during the quarter. Samalin Investment Counsel LLC’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $2,655,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Knollwood Investment Advisory LLC grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 2.0% during the second quarter. Knollwood Investment Advisory LLC now owns 79,074 shares of the investment management company’s stock valued at $802,000 after buying an additional 1,526 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the 2nd quarter worth approximately $33,000. Western Wealth Management LLC bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the 1st quarter worth approximately $39,000. Quantedge Capital Pte Ltd lifted its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 29.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 26,861 shares of the investment management company’s stock worth $282,000 after acquiring an additional 6,100 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 1st quarter valued at $80,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

NML opened at $10.37 on Monday. The business has a fifty day moving average of $10.40 and a 200 day moving average of $10.25. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 52-week low of $8.02 and a 52-week high of $10.98.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0701 per share. This represents a $0.84 annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Thursday, October 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Profile

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end investment fund managed by Neuberger Berman. The fund seeks to provide current income and long-term total return by investing primarily in companies involved in energy infrastructure and related activities.

Its portfolio may include master limited partnerships, limited liability companies, corporations and other publicly traded securities associated with the transportation, storage, processing and distribution of energy commodities.