Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Declares $0.07 Monthly Dividend

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0701 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Tuesday, September 15th.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 2.3%

NYSEAMERICAN:NML opened at $10.75 on Tuesday. Neuberger Berman Energy Infrastructure and Income Fund has a one year low of $7.89 and a one year high of $10.95. The firm’s fifty day moving average price is $10.33 and its two-hundred day moving average price is $10.18.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund in the 2nd quarter valued at about $33,000. Western Wealth Management LLC acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the first quarter worth approximately $39,000. Monetary Management Group Inc. lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 30.0% during the second quarter. Monetary Management Group Inc. now owns 5,200 shares of the investment management company’s stock worth $47,000 after acquiring an additional 1,200 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the first quarter worth approximately $80,000. Finally, Evolve Private Wealth LLC bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the fourth quarter worth approximately $89,000.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.

Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.