Advisors Asset Management Inc. Sells 51,132 Shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Advisors Asset Management Inc. lessened its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,100,121 shares of the investment management company’s stock after selling 51,132 shares during the period. Advisors Asset Management Inc.’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $9,021,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. boosted its position in Neuberger Berman Energy Infrastructure and Income Fund by 1.3% during the third quarter. Oppenheimer & Co. Inc. now owns 279,721 shares of the investment management company’s stock valued at $2,294,000 after acquiring an additional 3,492 shares during the last quarter. Raymond James & Associates boosted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 59.4% during the 2nd quarter. Raymond James & Associates now owns 168,179 shares of the investment management company’s stock valued at $1,345,000 after purchasing an additional 62,645 shares in the last quarter. Cornerstone Wealth Management LLC grew its stake in Neuberger Berman Energy Infrastructure and Income Fund by 6.8% during the second quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock worth $627,000 after purchasing an additional 4,964 shares during the period. IFG Advisory LLC increased its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 52.3% in the second quarter. IFG Advisory LLC now owns 71,658 shares of the investment management company’s stock worth $573,000 after purchasing an additional 24,616 shares in the last quarter. Finally, Choreo LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund in the second quarter valued at approximately $359,000.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

Neuberger Berman Energy Infrastructure and Income Fund stock opened at $9.16 on Thursday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 52-week low of $6.33 and a 52-week high of $9.21.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.0584 per share. This represents a $0.70 annualized dividend and a yield of 7.65%. The ex-dividend date of this dividend is Friday, November 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is presently -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Profile

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.