Penserra Capital Management LLC Acquires Shares of 570,110 Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Penserra Capital Management LLC purchased a new stake in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 570,110 shares of the investment management company’s stock, valued at approximately $4,674,000.

Several other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the second quarter worth $218,000. Calamos Advisors LLC grew 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. Choreo LLC acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 2nd quarter valued at about $359,000. IFG Advisory LLC raised its holdings 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 last quarter. Finally, Cornerstone Wealth Management LLC lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 6.8% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock worth $627,000 after purchasing an additional 4,964 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

NML stock opened at $9.29 on Monday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1 year low of $6.33 and a 1 year high of $9.35.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.0584 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.54%. The ex-dividend date of this dividend is Friday, November 15th. 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.