Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 2.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 276,229 shares of the investment management company’s stock after buying an additional 7,752 shares during the period. Oppenheimer & Co. Inc.’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $2,210,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of NML. Calamos Advisors LLC raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 146.5% during the 2nd quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock worth $319,000 after acquiring an additional 23,708 shares during the period. Choreo LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund in the 2nd quarter valued at about $359,000. IFG Advisory LLC grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 52.3% in the 2nd quarter. IFG Advisory LLC now owns 71,658 shares of the investment management company’s stock valued at $573,000 after buying an additional 24,616 shares during the period. Cornerstone Wealth Management LLC increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 6.8% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock worth $627,000 after buying an additional 4,964 shares during the last quarter. Finally, Optimum Investment Advisors lifted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 3.9% in the first quarter. Optimum Investment Advisors now owns 144,690 shares of the investment management company’s stock valued at $1,066,000 after acquiring an additional 5,440 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

NML stock opened at $8.04 on Tuesday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 52-week low of $6.30 and a 52-week high of $8.24.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a $0.0584 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.70 annualized dividend and a yield of 8.72%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is currently -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.