Choreo LLC Takes $359,000 Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Choreo LLC purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 44,927 shares of the investment management company’s stock, valued at approximately $359,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NML. Advisors Asset Management Inc. boosted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 9.1% during the 1st quarter. Advisors Asset Management Inc. now owns 1,390,917 shares of the investment management company’s stock valued at $10,251,000 after purchasing an additional 116,299 shares during the period. Raymond James & Associates boosted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 59.4% during the second quarter. Raymond James & Associates now owns 168,179 shares of the investment management company’s stock worth $1,345,000 after buying an additional 62,645 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 25.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 268,477 shares of the investment management company’s stock worth $1,979,000 after buying an additional 54,136 shares in the last quarter. IFG Advisory LLC increased its position in 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 acquiring an additional 24,616 shares during the period. Finally, Calamos Advisors LLC raised its stake in 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 valued at $319,000 after acquiring an additional 23,708 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 1.4 %

Shares of NML stock opened at $8.14 on Wednesday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1 year low of $6.30 and a 1 year high of $8.24.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.0584 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.70 annualized dividend and a yield of 8.61%. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is -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.