Choreo LLC Reduces Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Choreo LLC cut its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 59.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,309 shares of the investment management company’s stock after selling 26,618 shares during the period. Choreo LLC’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of NML. Sanctuary Advisors LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund during the 2nd quarter worth approximately $218,000. Calamos Advisors LLC grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 49,480 shares of the investment management company’s stock valued at $437,000 after buying an additional 9,515 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake 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 worth $2,294,000 after purchasing an additional 3,492 shares during the period. Kovitz Investment Group Partners LLC purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund in the third quarter valued at $2,659,000. Finally, Penserra Capital Management LLC purchased a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the third quarter worth approximately $4,674,000.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

NML opened at $9.16 on Friday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a one year low of $6.46 and a one year high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.0584 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date of this dividend is Tuesday, February 18th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is currently -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

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.