Truist Financial Corp Cuts Stock Holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. $NML

Truist Financial Corp lessened its holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 27.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,304 shares of the investment management company’s stock after selling 8,070 shares during the quarter. Truist Financial Corp’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $192,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund in the first quarter valued at $36,000. MGB Wealth Management LLC purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund in the first quarter valued at $134,000. Cambridge Investment Research Advisors Inc. increased its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 7.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 26,869 shares of the investment management company’s stock valued at $242,000 after buying an additional 1,874 shares during the last quarter. Cetera Investment Advisers increased its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 21.1% in the first quarter. Cetera Investment Advisers now owns 38,730 shares of the investment management company’s stock valued at $349,000 after buying an additional 6,761 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 42.2% during the first quarter. Invesco Ltd. now owns 44,981 shares of the investment management company’s stock worth $405,000 after purchasing an additional 13,347 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 1.2%

Shares of NML stock opened at $7.91 on Friday. The stock’s 50-day moving average is $8.56 and its two-hundred day moving average is $8.57. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1 year low of $7.10 and a 1 year high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.0584 per share. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 8.9%. 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.