[SCHEDULE 13G/A] Neuberger Berman Energy Infrastructure and Income Fund Inc. SEC Filing

Rhea-AI Filing Summary

City of London Investment Management Company Limited reports beneficial ownership of 3,424,386 shares of Neuberger Berman Energy Infrastructure & Income Fund Inc. common stock, representing 6.0% of the class. The filing states the shares are owned directly by the City of London Funds and certain segregated accounts for which the firm exercises discretionary authority.

The reporting person indicates sole voting and sole dispositive power over the disclosed shares and identifies itself as a registered investment adviser. The statement documents ownership levels and control over those shares without describing any intent to change or influence control of the issuer.

Positive

• Beneficial ownership disclosed: 3,424,386 shares representing 6.0% of the class
• Sole voting and dispositive power: Reporting person reports exclusive voting and disposition authority over the disclosed shares
• Held in managed accounts: Shares are owned directly by City of London Funds and segregated accounts under the adviser's discretion

Negative

• None.

Insights

Financial Analyst

TL;DR: Reporting person holds a material 6.0% stake with sole voting/dispositive power, a notable disclosure for holders of NML.

The filing discloses a clear, non-attributed position of 3,424,386 shares equal to 6.0% of the class, held by City of London Funds and segregated accounts managed by the adviser. From a market-impact perspective, a disclosed position above 5% is material because it must be reported and becomes visible to other investors. The adviser asserts sole voting and dispositive authority, which confirms internal control over voting decisions for this block. The statement expressly denies acquisition for purposes of changing issuer control.

Corporate Governance Expert

TL;DR: The disclosure provides governance transparency: a registered adviser holds a >5% stake and claims sole voting and dispositive power.

This Schedule 13G/A identifies City of London Investment Management as the reporting person and classifies it as an investment adviser. The filing clarifies ownership is held directly by client funds and segregated accounts, and it documents that the position is held in the ordinary course of business and not to influence control. For governance monitoring, the combination of >5% ownership and sole voting authority merits attention but the filer states no intent to affect control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

Neuberger Berman Energy Infrastructure & Income Fund Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

64129H104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 64129H104

1

Names of Reporting Persons

City of London Investment Management Company Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,424,386.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,424,386.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,424,386.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Neuberger Berman Energy Infrastructure & Income Fund Inc.
(b)	Address of issuer's principal executive offices: 1290 Avenue of the Americas, New York, NY 10104
Item 2.
(a)	Name of person filing: This statement is being filed by City of London Investment Management Company Limited ("CLIM" or the "Reporting Person"). CLIM is a fund manager, which specializes in investing in closed-end investment companies and is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. CLIM is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between CLIM and CLIG such that voting and investment power over the subject securities is exercised by CLIM independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between CLIM and CLIG. CLIM is principally engaged in the business of providing investment advisory services to various public and private investment funds, including CA International Equity CEF Fund ("CARDINAL"), a private investment fund organized as a Delaware business trust, All World Ex US Equity CEF Fund ("FALCON"), a private investment fund organized as a Delaware business trust, CA All-World Ex US Equity CEF Fund ("MACAW"), a private investment fund organized as a Delaware business trust, International Equity CEF Fund ("PHOENIX"), a private investment fund organized as a Delaware business trust, and unaffiliated third-party segregated accounts over which CLIM exercises discretionary voting and investment authority (the "Segregated Accounts"). CARDINAL, FALCON, MACAW and PHOENIX are collectively referred to herein as the "City of London Funds." The Shares to which this Schedule 13G relates are owned directly by the City of London Funds and the Segregated Accounts.
(b)	Address or principal business office or, if none, residence: 77 Gracechurch Street London EC3V 0AS England
(c)	Citizenship: England and Wales
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 64129H104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,424,386.00
(b)	Percent of class: 6.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3,424,386.00
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3,424,386.00
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

City of London Investment Management Company Limited

Signature:	/s/ Catrina Reagan
Name/Title:	Catrina Reagan/US Chief Compliance Officer
Date:	08/08/2025

FAQ

How many NML shares does City of London report owning?

The filer reports 3,424,386 shares of common stock.

What percentage of NML does the filing represent?

The ownership represents 6.0% of the class.

Who filed the Schedule 13G/A for NML?

City of London Investment Management Company Limited filed the statement.

Does the reporting person have voting power over the shares?

Yes, the filing states the reporter has sole voting and sole dispositive power over the disclosed shares.

Are the shares held directly or on behalf of others?

The shares are owned directly by the City of London Funds and certain segregated accounts managed by the adviser.