15,575 Shares in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Acquired by Cresset Asset Management LLC

Cresset Asset Management LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,575 shares of the investment management company’s stock, valued at approximately $138,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Optimum Investment Advisors increased its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 0.8% in the fourth quarter. Optimum Investment Advisors now owns 136,610 shares of the investment management company’s stock worth $1,206,000 after buying an additional 1,120 shares during the last quarter. Truist Financial Corp grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 5.5% during the fourth quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock valued at $226,000 after purchasing an additional 1,330 shares during the last quarter. Comerica Bank grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 16.2% during the fourth quarter. Comerica Bank now owns 12,762 shares of the investment management company’s stock valued at $113,000 after purchasing an additional 1,775 shares during the last quarter. Arete Wealth Advisors LLC grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 6.5% during the fourth quarter. Arete Wealth Advisors LLC now owns 33,000 shares of the investment management company’s stock valued at $291,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 19.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 30,643 shares of the investment management company’s stock valued at $271,000 after purchasing an additional 5,001 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.3%

Shares of NML stock opened at $8.74 on Monday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 12 month low of $7.10 and a 12 month high of $9.51. The business’s 50 day moving average is $8.53 and its two-hundred day moving average is $8.60.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.0584 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.70 annualized dividend and a yield of 8.02%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is presently -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Company 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.