Advisors Asset Management Inc. Has $9.35 Million Stock Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Advisors Asset Management Inc. reduced its holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,058,646 shares of the investment management company’s stock after selling 41,475 shares during the period. Advisors Asset Management Inc.’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $9,348,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Penserra Capital Management LLC purchased a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the 3rd quarter valued at $4,674,000. Kovitz Investment Group Partners LLC acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the third quarter valued at $2,659,000. Oppenheimer & Co. Inc. grew its stake in Neuberger Berman Energy Infrastructure and Income Fund by 13.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 317,607 shares of the investment management company’s stock valued at $2,804,000 after purchasing an additional 37,886 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 0.4% during the 3rd quarter. Stifel Financial Corp now owns 315,280 shares of the investment management company’s stock worth $2,585,000 after purchasing an additional 1,171 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the 4th quarter valued at about $1,615,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

NYSEAMERICAN:NML opened at $8.95 on Wednesday. The stock has a 50 day moving average price of $8.96. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 52 week low of $6.98 and a 52 week high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.0584 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.70 annualized dividend and a dividend yield of 7.83%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.