Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American:NML) traded at a new 52-week high today of $4.84. So far today approximately 62,000 shares have been exchanged, as compared to an average 30-day volume of 142,000 shares.
Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American:NML) defies analysts with a current price ($4.81) 1.2% above its average consensus price target of $4.75.
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.
Over the past year, Neuberger Berman MLP and Energy Income Fund Inc. has traded in a range of $2.30 to $4.84 and is now at $4.81, 109% above that low.
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