Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML) Holdings Cut by Thomas J. Herzfeld Advisors Inc.

Thomas J. Herzfeld Advisors Inc. decreased its holdings in shares of Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML) by 9.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 156,531 shares of the investment management company’s stock after selling 15,503 shares during the period. Thomas J. Herzfeld Advisors Inc.’s holdings in Neuberger Berman MLP Income Fund were worth $1,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NML. Oppenheimer & Co. Inc. boosted its stake in shares of Neuberger Berman MLP Income Fund by 27.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 30,910 shares of the investment management company’s stock worth $246,000 after acquiring an additional 6,621 shares in the last quarter. City of London Investment Management Co. Ltd. boosted its stake in shares of Neuberger Berman MLP Income Fund by 38.6% during the 4th quarter. City of London Investment Management Co. Ltd. now owns 2,022,880 shares of the investment management company’s stock worth $13,513,000 after acquiring an additional 563,268 shares in the last quarter. Maven Securities LTD purchased a new stake in shares of Neuberger Berman MLP Income Fund during the 4th quarter worth approximately $2,103,000. Advisors Asset Management Inc. lifted its stake in Neuberger Berman MLP Income Fund by 0.4% in the 4th quarter. Advisors Asset Management Inc. now owns 1,755,476 shares of the investment management company’s stock valued at $11,744,000 after buying an additional 6,572 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in Neuberger Berman MLP Income Fund by 5.1% in the 4th quarter. Stifel Financial Corp now owns 271,532 shares of the investment management company’s stock valued at $1,813,000 after buying an additional 13,223 shares in the last quarter.

NML stock traded down $0.08 on Friday, reaching $7.43. The company had a trading volume of 2,278 shares, compared to its average volume of 189,353. Neuberger Berman MLP Income Fund Inc has a 1 year low of $6.06 and a 1 year high of $9.39.

The business also recently announced a monthly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 15th were paid a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 8.88%. The ex-dividend date was Tuesday, May 14th. Neuberger Berman MLP Income Fund’s payout ratio is currently -227.59%.

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About Neuberger Berman MLP Income Fund

Neuberger Berman MLP 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. Neuberger Berman MLP Income Fund Inc was formed on November 16, 2012 and is domiciled in the United States.

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Institutional Ownership by Quarter for Neuberger Berman MLP Income Fund (NYSEAMERICAN:NML)

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