Truist Financial Corp lowered its stake in shares of Neuberger Berman MLP and Energy Income Fund Inc. (NYSEAMERICAN:NML – Get Rating) by 30.9% during the first quarter, Holdings Channel reports. The fund owned 58,970 shares of the investment management company’s stock after selling 26,417 shares during the period. Truist Financial Corp’s holdings in Neuberger Berman MLP and Energy Income Fund were worth $380,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. 6 Meridian boosted its stake in shares of Neuberger Berman MLP and Energy Income Fund by 25.8% in the 4th quarter. 6 Meridian now owns 154,631 shares of the investment management company’s stock valued at $810,000 after purchasing an additional 31,691 shares during the last quarter. Raymond James & Associates boosted its stake in shares of Neuberger Berman MLP and Energy Income Fund by 9.4% in the 4th quarter. Raymond James & Associates now owns 64,245 shares of the investment management company’s stock valued at $337,000 after purchasing an additional 5,502 shares during the last quarter. Private Management Group Inc. boosted its stake in shares of Neuberger Berman MLP and Energy Income Fund by 0.6% in the 4th quarter. Private Management Group Inc. now owns 3,474,023 shares of the investment management company’s stock valued at $18,204,000 after purchasing an additional 20,412 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in shares of Neuberger Berman MLP and Energy Income Fund in the 4th quarter valued at about $86,000. Finally, Wolverine Asset Management LLC boosted its stake in shares of Neuberger Berman MLP and Energy Income Fund by 10.8% in the 4th quarter. Wolverine Asset Management LLC now owns 360,150 shares of the investment management company’s stock valued at $1,887,000 after purchasing an additional 35,138 shares during the last quarter.
Neuberger Berman MLP and Energy Income Fund Stock Performance
Shares of NYSEAMERICAN NML opened at $6.70 on Thursday. Neuberger Berman MLP and Energy Income Fund Inc. has a 1 year low of $4.50 and a 1 year high of $7.34.
Neuberger Berman MLP and Energy Income Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, July 29th. Investors of record on Friday, July 15th will be given a $0.0206 dividend. The ex-dividend date of this dividend is Thursday, July 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.69%. Neuberger Berman MLP and Energy Income Fund’s dividend payout ratio is -227.59%.
About Neuberger Berman MLP and Energy Income Fund
Neuberger Berman MLP and Energy 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.
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Source: defenseworld.net
