Raymond James & Associates Buys 16,564 Shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Raymond James & Associates boosted its stake in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 19.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,914 shares of the investment management company’s stock after purchasing an additional 16,564 shares during the quarter. Raymond James & Associates’ holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $715,000 at the end of the most recent reporting period.

Separately, Kayne Anderson Capital Advisors LP increased its stake in Neuberger Berman Energy Infrastructure and Income Fund by 162.1% in the third quarter. Kayne Anderson Capital Advisors LP now owns 255,447 shares of the investment management company’s stock valued at $1,757,000 after acquiring an additional 158,000 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

NYSEAMERICAN NML opened at $7.43 on Wednesday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a fifty-two week low of $6.09 and a fifty-two week high of $7.49.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a $0.0584 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 9.43%. The ex-dividend date is Friday, April 12th. 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.