Oppenheimer & Co. Inc. Buys 3,492 Shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Oppenheimer & Co. Inc. lifted its position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 1.3% during the 3rd quarter, Holdings Channel reports. The firm owned 279,721 shares of the investment management company’s stock after acquiring an additional 3,492 shares during the period. Oppenheimer & Co. Inc.’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $2,294,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 2nd quarter valued at approximately $218,000. Calamos Advisors LLC increased its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 146.5% during the second quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock valued at $319,000 after buying an additional 23,708 shares during the period. Choreo LLC bought a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the second quarter valued at approximately $359,000. IFG Advisory LLC lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 52.3% in the second quarter. IFG Advisory LLC now owns 71,658 shares of the investment management company’s stock worth $573,000 after acquiring an additional 24,616 shares during the period. Finally, Cornerstone Wealth Management LLC boosted its holdings in 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 acquiring an additional 4,964 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.1 %

Shares of NYSEAMERICAN NML opened at $8.92 on Friday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 12 month low of $6.33 and a 12 month high of $9.14.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.0584 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.70 annualized dividend and a yield of 7.86%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is presently -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.