Shares of Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American:NML) traded today at $5.36, eclipsing its 52-week high. Approximately 88,000 shares have changed hands today, as compared to an average 30-day volume of 149,000 shares.
In the past 52 weeks, shares of Neuberger Berman MLP and Energy Income Fund Inc. have traded between a low of $2.30 and a high of $5.36 and is now at $5.31, which is 131% above that low price.
Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American:NML) defies analysts with a current price ($5.31) 0.6% above its average consensus price target of $5.28.
Neuberger Berman MLP and Energy Income Fund Inc is a closed-end investment management company based in the United States. Its main objective is to make investments on behalf of its investors, with the aim of creating long-term benefits, especially cash distributions. The company’s investment portfolios mainly entail natural gas-focused midstream master limited partnership enterprises (MLPs) and select companies that have economic characteristics similar to MLPs. Through its investment manager, the company manages a range of equity, fixed income, private equity, and hedge fund strategies on behalf of institutions, advisors, and individual investors worldwide.
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