Bfsg LLC Reduces Holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Bfsg LLC lowered its position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 15.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,740 shares of the investment management company’s stock after selling 2,010 shares during the quarter. Bfsg LLC’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $86,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. boosted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 15.8% during the 4th quarter. Astoria Portfolio Advisors LLC. now owns 12,664 shares of the investment management company’s stock valued at $83,000 after acquiring an additional 1,730 shares during the last quarter. Calamos Advisors LLC lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 146.5% during the second quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock valued at $319,000 after purchasing an additional 23,708 shares during the last quarter. Cornerstone Wealth Management LLC grew 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 buying an additional 4,964 shares in the last quarter. Optimum Investment Advisors increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 3.9% in the 1st quarter. Optimum Investment Advisors now owns 144,690 shares of the investment management company’s stock worth $1,066,000 after buying an additional 5,440 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 59.4% in the 2nd quarter. Raymond James & Associates now owns 168,179 shares of the investment management company’s stock worth $1,345,000 after buying an additional 62,645 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 0.7 %

Shares of Neuberger Berman Energy Infrastructure and Income Fund stock traded down $0.06 during trading on Friday, reaching $8.09. The company’s stock had a trading volume of 74,673 shares, compared to its average volume of 224,519. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 52-week low of $6.30 and a 52-week high of $8.24.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.0584 per share. The ex-dividend date is Thursday, August 15th. This represents a $0.70 annualized dividend and a dividend yield of 8.66%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is presently -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

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.