Optimum Investment Advisors Has $1.21 Million Stock Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Optimum Investment Advisors boosted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 136,610 shares of the investment management company’s stock after buying an additional 1,120 shares during the quarter. Optimum Investment Advisors’ holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $1,206,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of NML. Stifel Financial Corp raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 0.4% in the third quarter. Stifel Financial Corp now owns 315,280 shares of the investment management company’s stock valued at $2,585,000 after purchasing an additional 1,171 shares during the period. Truist Financial Corp boosted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 5.5% in the fourth quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock valued at $226,000 after acquiring an additional 1,330 shares during the period. Cornerstone Wealth Management LLC grew its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 10.1% during the 4th quarter. Cornerstone Wealth Management LLC now owns 86,768 shares of the investment management company’s stock worth $766,000 after purchasing an additional 7,942 shares in the last quarter. Calamos Advisors LLC grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 49,480 shares of the investment management company’s stock worth $437,000 after buying an additional 9,515 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 188.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 51,362 shares of the investment management company’s stock worth $454,000 after purchasing an additional 33,560 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

NML stock opened at $9.05 on Friday. The firm has a 50-day moving average price of $8.98. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 12 month low of $6.98 and a 12 month high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.0584 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.74%. The ex-dividend date of this dividend is Monday, March 17th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio 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.