NEUBERGER BERMAN ENERGY INFR NML
COM · Closed-End Fund · CUSIP 64129H104
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.00.
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 63 |
| Q4 2022 | 72 |
| Q1 2023 | 64 |
| Q2 2023 | 69 |
| Q3 2023 | 72 |
| Q4 2023 | 66 |
| Q1 2024 | 74 |
| Q2 2024 | 76 |
| Q3 2024 | 77 |
| Q4 2024 | 82 |
| Q1 2025 | 85 |
| Q2 2025 | 84 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 28 | 25 |
| Q4 2023 | 27 | 24 |
| Q1 2024 | 37 | 22 |
| Q2 2024 | 37 | 33 |
| Q3 2024 | 35 | 26 |
| Q4 2024 | 36 | 26 |
| Q1 2025 | 43 | 24 |
| Q2 2025 | 41 | 27 |
Biggest buyers
| WOLVERINE ASSET MANAGEMENT LLC | Added | +215.3k |
| Cornerstone Advisors, LLC | New | +171.7k |
| NEUBERGER BERMAN GROUP LLC | Added | +131.4k |
| Polar Asset Management Partners Inc. | Added | +130.5k |
| NewEdge Advisors, LLC | Added | +119.2k |
| UBS Group AG | Added | +53.2k |
| Invesco Ltd. | Added | +41.2k |
| Arete Wealth Advisors, LLC | New | +33.0k |
| Rockefeller Capital Management L.P. | Added | +25.9k |
| ROYAL BANK OF CANADA | Added | +23.5k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -259.0k |
| MORGAN STANLEY | Reduced | -224.7k |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC | Sold out | -162.7k |
| Saba Capital Management, L.P. | Reduced | -121.6k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -120.1k |
| Michelson Medical Research Foundation, Inc. | Sold out | -115.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -28.1k |
| SIT INVESTMENT ASSOCIATES INC | Sold out | -17.9k |
| Calamos Advisors LLC | Reduced | -13.6k |
| Advisors Asset Management, Inc. | Reduced | -13.4k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BANK OF AMERICA CORP /DE/ 13G · institution +1.2 pts · filed 2026-04-27 | 6.8% |
| MORGAN STANLEY 13G · institution filed 2025-08-07 | 6.1% |
Fell to 5% or below in the last year: CITY OF LONDON INVESTMENT MANAGEMENT CO LTD (4.9%, 2026-05-07)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 3.5m $31.1m | Reduced -224.7k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 2.86% of their portfolio | 3.4m $30.8m | Reduced -120.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.1m $27.9m | Reduced -259.0k |
| Advisors Asset Management, Inc. 0.20% of their portfolio | 1.2m $10.9m | Reduced -13.4k |
| Saba Capital Management, L.P. 0.26% of their portfolio | 1.0m $9.4m | Reduced -121.6k |
| UBS Group AG 0.00% of their portfolio | 933.2k $8.4m | Added +53.2k |
| PRIVATE MANAGEMENT GROUP INC 0.24% of their portfolio | 810.9k $7.3m | Reduced -8.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 796.3k $7.2m | Reduced -6.4k |
| WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio | 414.7k $3.7m | Added +215.3k |
| OPPENHEIMER & CO INC 0.04% of their portfolio | 332.5k $3.0m | Added +3.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 315.9k $2.8m | Reduced -3.0k |
| NorthCoast Asset Management LLC 0.01% of their portfolio | 310.9k $2.8m | Reduced -9.3k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 287.0k $2.6m | Unchanged |
| Polar Asset Management Partners Inc. 0.06% of their portfolio | 250.6k $2.3m | Added +130.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 246.5k $2.2m | Added +18.7k |
| UHLMANN PRICE SECURITIES, LLC 1.40% of their portfolio | 218.6k $2.0m | Added +14.6k |
| Cornerstone Advisors, LLC 0.05% of their portfolio | 171.7k $1.5m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 169.0k $1.5m | Reduced -4.1k |
| NewEdge Advisors, LLC 0.01% of their portfolio | 167.0k $1.5m | Added +119.2k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 157.3k $1.4m | Added +131.4k |
| IFG Advisory, LLC 0.07% of their portfolio | 154.6k $1.4m | Added +14.5k |
| OPTIMUM INVESTMENT ADVISORS 0.55% of their portfolio | 141.6k $1.3m | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 119.1k $1.1m | Added +12.7k |
| Walleye Capital LLC 0.01% of their portfolio | 117.8k $1.1m | Added +7.5k |
| LPL Financial LLC 0.00% of their portfolio | 115.1k $1.0m | Added +21.3k |
| STALEY CAPITAL ADVISERS INC 0.04% of their portfolio | 115.0k $1.0m | Unchanged |
| Cornerstone Wealth Management, LLC 0.06% of their portfolio | 103.7k $932.9k | Added +3.2k |
| Invesco Ltd. 0.00% of their portfolio | 86.2k $775.7k | Added +41.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 83.7k $753.0k | Added +1.9k |
| Knollwood Investment Advisory, LLC 0.07% of their portfolio | 77.1k $694.0k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 54.2k $488.0k | Added +144 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 53.6k $482.0k | Added +23.5k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 51.6k $464.5k | Added +25.9k |
| Calamos Advisors LLC 0.00% of their portfolio | 44.9k $404.1k | Reduced -13.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 42.2k $379.8k | Added +631 |
| Cetera Investment Advisers 0.00% of their portfolio | 42.0k $377.9k | Added +3.3k |
| BI Asset Management Fondsmaeglerselskab A/S 0.00% of their portfolio | 40.9k $367.0k | Added +809 |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 38.7k $348.4k | Added +23.3k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 35.2k $317.0k | Added +8.3k |
| Arete Wealth Advisors, LLC 0.02% of their portfolio | 33.0k $297.0k | New |
| Stratos Wealth Advisors, LLC 0.02% of their portfolio | 32.0k $288.0k | Unchanged |
| Alteri Wealth LLC 0.10% of their portfolio | 30.0k $270.0k | Added +1.0k |
| Quantedge Capital Pte Ltd 0.22% of their portfolio | 26.3k $236.3k | Added +14.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 22.8k $205.6k | New |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 21.3k $191.7k | Reduced -8.1k |
| Abel Hall, LLC 0.08% of their portfolio | 20.0k $180.0k | Unchanged |
| CHOREO, LLC 0.00% of their portfolio | 18.3k $164.8k | Unchanged |
| First National Bank of Mount Dora, Trust Investment Services 0.04% of their portfolio | 17.5k $157.5k | Unchanged |
| U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio | 16.6k $149.4k | Unchanged |
| Astoria Portfolio Advisors LLC. 0.04% of their portfolio | 16.3k $140.7k | Added +1.5k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 16.2k $145.8k | Added +324 |
| Gladstone Institutional Advisory LLC 0.01% of their portfolio | 14.0k $126.2k | Added +63 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 13.5k $121.2k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 12.8k $115.6k | Added +104 |
| INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio | 12.6k $113.4k | Reduced -10.2k |
| Centric Wealth Management 0.02% of their portfolio | 11.5k $100.1k | Added +64 |
| Bordeaux Wealth Advisors LLC 0.01% of their portfolio | 11.5k $103.5k | Unchanged |
| STEEL GROVE CAPITAL ADVISORS, LLC 0.01% of their portfolio | 11.3k $101.9k | Unchanged |
| CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio | 11.0k $98.6k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 10.5k $94.7k | Reduced -757 |
| Clearstead Advisors, LLC 0.00% of their portfolio | 10.0k $90.0k | New |
| MGB Wealth Management, LLC 0.03% of their portfolio | 10.0k $90.0k | Reduced -5.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.2k $82.6k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 7.5k $67.5k | Reduced -5.3k |
| Traub Capital Management LLC 0.04% of their portfolio | 5.4k $48.6k | First filing |
| MONETARY MANAGEMENT GROUP INC 0.01% of their portfolio | 5.2k $46.8k | Added +1.2k |
| CX Institutional 0.00% of their portfolio | 5.0k $45.0k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 4.3k $38.3k | Reduced -250 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 4.0k $36.2k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 3.9k $35.5k | Added +80 |
| IFP Advisors, Inc 0.00% of their portfolio | 3.4k $30.9k | Added +35 |
| Ameritas Advisory Services, LLC 0.00% of their portfolio | 3.3k $29.4k | New |
| CITIGROUP INC 0.00% of their portfolio | 3.0k $27.0k | Unchanged |
| BFSG, LLC 0.00% of their portfolio | 2.6k $23.7k | Unchanged |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC 0.01% of their portfolio | 2.4k $21.6k | Reduced -1.5k |
| Atlantic Union Bankshares Corp 0.00% of their portfolio | 1.4k $12.9k | New |
| CoreCap Advisors, LLC 0.00% of their portfolio | 983 $8.8k | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 900 $8.1k | Unchanged |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 400 $3.6k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 300 $2.7k | Unchanged |
| Riverview Trust Co 0.00% of their portfolio | 300 $2.7k | Unchanged |
| North Star Investment Management Corp. 0.00% of their portfolio | 195 $1.8k | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 49 $441 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |