Neuberger Berman Mlp Income Fund Inc. (NML) Files Form 4 Insider Selling : Berman Llc Neuberger Sells 6,605 Shares

Neuberger Berman Mlp Income Fund Inc. (NML): Berman Llc Neuberger , other of Neuberger Berman Mlp Income Fund Inc. sold 6,605 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $6.36 per share for a total value of $42,043.52 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Neuberger Berman MLP Income Fund Inc is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 17, 2016.

Neuberger Berman MLP Income Fund Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund’s portfolio is focused on midstream companies that facilitate the processing transportation and storage of natural gas natural gas liquids and crude oil. The Fund invests its assets primarily in master limited partnerships (MLPs) and select companies that have economic characteristics substantially similar to MLPs. The Fund’s portfolio consists of companies that own and operate natural gas pipelines processing and storage facilities as well as export facilities. The Fund emphasizes mid-stream natural resources companies. The Fund’s investment manager is Neuberger Berman Management LLC.

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Neuberger Berman MLP Income Fund Inc - Is it time to Sell?

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