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

Optimum Investment Advisors grew its stake in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 large investors also recently made changes to their positions in the stock. Penserra Capital Management LLC acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 3rd quarter valued at approximately $4,674,000. Kovitz Investment Group Partners LLC bought a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the 3rd quarter worth approximately $2,659,000. Raymond James Financial Inc. acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter valued at approximately $1,615,000. Oppenheimer & Co. Inc. lifted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 13.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 317,607 shares of the investment management company’s stock worth $2,804,000 after purchasing an additional 37,886 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 188.5% during the fourth 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 during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

Shares of NML stock opened at $9.05 on Friday. The company has a fifty day simple moving average of $8.98. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1 year low of $6.98 and a 1 year high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given 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 currently -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.