Advisors Asset Management Inc. Has $9.02 Million Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Advisors Asset Management Inc. lowered its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 4.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund 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 SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC raised its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 6.8% in the second quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock valued at $627,000 after buying an additional 4,964 shares during the period. Raymond James & Associates grew 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. Calamos Advisors LLC raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 146.5% in the 2nd quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock valued at $319,000 after acquiring an additional 23,708 shares in the last quarter. IFG Advisory LLC lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 52.3% during the second quarter. IFG Advisory LLC now owns 71,658 shares of the investment management company’s stock valued at $573,000 after purchasing an additional 24,616 shares during the last quarter. Finally, Choreo LLC bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the second quarter worth about $359,000.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

NML opened at $9.16 on Thursday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 12-month low of $6.33 and a 12-month high of $9.21.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders 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 dividend 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 (DPR) 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.