Neuberger Berman Energy Infrastructure & Income Fund Inc. ownership disclosure: City of London Investment Management Company Limited reports beneficial ownership of 2,798,614 shares of Common Stock (CUSIP 64129H104), representing 4.9% of the class. The shares are owned directly by City of London Funds and segregated accounts and CLIM reports sole voting and dispositive power.
Bank of America Corporation filed an Amendment No. 1 to Schedule 13G/A reporting beneficial ownership in Neuberger Energy Infrastructure & Income Fund Inc. common stock. The filing states Bank of America and certain wholly owned subsidiaries beneficially own 3,828,535 shares, equal to 6.8% of the class. The filing cites 56,658,928 outstanding shares as of November 30, 2025 from a Form N-CSR disclosure and lists shared voting and dispositive powers held through affiliates.
NML submitted an annual Form N-CEN furnishing operational and service-provider information for its registered investment company.
The filing itemizes aggregate brokerage commissions of $196,323 and reports principal transaction totals of $6,625,000 and $62,261, along with individual broker commission line items.
Neuberger Energy Infrastructure and Income Fund Inc. reported results for the 12 months ended November 30, 2025. The closed-end fund, focused on energy infrastructure and midstream assets, delivered a 1.90% total return on a net asset value (NAV) basis, lagging the Alerian MLP Index’s 3.55% return.
On a market price basis, total return was -0.20%. The fund paid $0.70 per share in distributions during the year, of which $0.11 per share is expected to be treated as tax return of capital. Year-end NAV per share was $9.72, with net assets of about $550.5 million across a portfolio heavily allocated to oil, gas and consumable fuels, MLPs, and midstream energy companies.
The fund uses leverage through a revolving credit facility. As of November 30, 2025, loans payable totaled $130.5 million, supported by a facility with commitments up to $150 million and an average interest rate of 5.26% over the year. For the fiscal year, net investment income after taxes was positive but modest, and overall operations produced a $4.6 million increase in net assets applicable to common stockholders after distributions and market movements.
Neuberger Berman Energy Infrastructure & Income Fund Inc. (NML) reported an insider share purchase by portfolio manager Douglas A. Rachlin. On 11/17/2025, he bought 40,000 shares of common stock in open-market transactions at an average price of $8.5485 per share, with individual trade prices ranging from $8.51 to $8.56. Following these purchases, he beneficially owns 418,817 shares directly and 150,000 shares indirectly through the Douglas A Rachlin 2020 Family Trust.
City of London Investment Management Company Limited reports beneficial ownership of 3,424,386 shares of Neuberger Berman Energy Infrastructure & Income Fund Inc. common stock, representing 6.0% of the class. The filing states the shares are owned directly by the City of London Funds and certain segregated accounts for which the firm exercises discretionary authority.
The reporting person indicates sole voting and sole dispositive power over the disclosed shares and identifies itself as a registered investment adviser. The statement documents ownership levels and control over those shares without describing any intent to change or influence control of the issuer.