Shares of Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American:NML) traded at a new 52-week high today of $5.03. This new high was reached on below average trading volume as 58,000 shares traded hands, while the average 30-day volume is approximately 147,000 shares.
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.
Neuberger Berman MLP and Energy Income Fund Inc. share prices have moved between a 52-week high of $5.03 and a 52-week low of $2.30 and are now trading 117% above that low price at $5.00 per share.
There is potential upside of 0.3% for shares of Neuberger Berman MLP and Energy Income Fund Inc. based on a current price of $5.00 and an average consensus analyst price target of $5.02.
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