City of London Investment Management Co Ltd Cuts Stake in Neuberger Berman Energy Infrastructure & Income Fund Inc
ByAinvest
Saturday, Feb 15, 2025 3:33 am ET1min read
NBXG--
NML--
City of London Investment Management Co Ltd has reduced its stake in Neuberger Berman Energy Infrastructure & Income Fund Inc by 1.2 million shares, impacting its portfolio by -0.92%. The firm now holds 4 million shares, constituting 3.13% of its portfolio. NML is a closed-end investment management company primarily investing in oil, gas, and electric utilities. The stock is priced at $9.16 and has a GF Value of $9.11, indicating a fairly valued stock with a slight premium over its intrinsic value.
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