Welcome to our dedicated page for Neuberger Berman Real Estate Sec. Income Fund news (Ticker: NRO), a resource for investors and traders seeking the latest updates and insights on Neuberger Berman Real Estate Sec. Income Fund stock.
Neuberger Berman Real Estate Securities Income Fund Inc. (NRO) is a closed-end management investment company with a primary goal of achieving high current income, and secondarily, capital appreciation. The fund invests predominantly in securities issued by real estate companies, including Real Estate Investment Trusts (REITs), which span across various sectors such as apartments, data centers, infrastructure REITs, manufactured homes, office spaces, and regional malls.
The Fund is meticulously managed under Neuberger Berman, an employee-owned investment manager founded in 1939. The firm is renowned for its active management and engaged ownership, leveraging comprehensive fundamental research to drive investment decisions. Neuberger Berman's commitment to excellence is reflected in its consistent recognition as one of the top places to work in money management and its designation as a PRI Leader for outstanding environmental, social, and governance (ESG) practices.
Financially, the Fund recently announced a distribution declaration of $0.0312 per share of common stock. This distribution, scheduled for disbursement on various dates, underscores the Fund's aim to provide regular monthly income to its shareholders, though the amount may be subject to market conditions and other influencing factors. The distribution may comprise net investment income, net realized capital gains, and return of capital, with detailed breakdowns provided as necessary under regulatory guidelines.
The team's diverse expertise, spread across 26 countries with over 2,800 professionals, underscores its capability to manage a significant portfolio of client assets—totaling $474 billion as of March 31, 2024. This global presence and vast experience empower Neuberger Berman to deliver robust investment strategies across various asset classes, including equity, fixed income, private equity, real estate, and hedge funds.
For ongoing updates and insights into the Fund’s performance and activities, Neuberger Berman encourages investors to stay informed through regular announcements and detailed reports. The commitment to transparency and investor communication ensures that stakeholders are well-informed about the Fund’s financial health and strategic direction.
Neuberger Berman Real Estate Securities Income Fund (NRO) has declared a monthly distribution of $0.0312 per share, payable on April 28, 2023, with a record date of April 17, 2023 and an ex-date of April 14, 2023. This distribution is part of its level distribution policy, which anticipates regular monthly distributions based on the stability of income, capital gains, leverage costs, and other expenses. Future distributions may include net investment income, realized capital gains, and return of capital. The final tax characteristics of distributions for 2023 will be determined at year-end.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) announced a monthly distribution of $0.0312 per share, payable on March 31, 2023. Shareholders should note the record date is March 15, 2023, and the ex-date is March 14, 2023. The Fund plans to maintain this distribution level, contingent on market conditions and income stability. Distributions may comprise net investment income, capital gains, and return of capital. The Fund's ability to sustain its distribution rate is influenced by various factors, including investment income and leverage costs. Investors will receive a notice for any distributions not based solely on net investment income.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) has declared a monthly distribution of
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) declared a monthly distribution of $0.0312 per share, payable on December 30, 2022, with a record date of December 15, 2022. This distribution aligns with the Fund's policy for regular monthly payouts, which are influenced by various factors including income stability and capital gains. Future distributions may include net investment income, capital gains, and return of capital. The Fund manages $408 billion in assets as of September 30, 2022.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) has declared a monthly distribution of $0.0312 per share, payable on November 30, 2022, with a record date of November 15, 2022 and an ex-date of November 14, 2022. This distribution is part of its level distribution policy and may include net investment income, capital gains, and return of capital. The Fund's ability to maintain this distribution will depend on its income stability, capital gains availability, leverage costs, and overall expenses.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) declared a monthly distribution of $0.0312 per share, payable on October 31, 2022. The record date is set for October 17, 2022, with an ex-date of October 14, 2022. While the Fund plans to maintain this distribution rate, it states that various factors may affect its ability to do so, including income stability and costs. Future distributions may consist of net investment income, capital gains, and return of capital, with final tax characteristics determined at the end of the year.
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