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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 (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.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) has declared a monthly distribution of $0.0312 per share, payable on September 30, 2022. The record date is September 15, 2022, and the ex-date is September 14, 2022. The Fund follows a level distribution policy and expects to maintain this distribution amount pending market conditions. Future distributions may comprise net investment income, capital gains, or return of capital. The Fund's ability to sustain distributions depends on income stability, leverage costs, and other fees.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) has declared a monthly distribution of $0.0312 per share, payable on August 31, 2022. The record date is August 15, 2022, and the ex-date is August 12, 2022. The Fund will continue to make regular distributions, contingent on income stability and market conditions. Future distributions may include net investment income and capital gains, with final tax characterizations determined at year-end.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) declared a monthly distribution of $0.0312 per share, payable on July 29, 2022. The record date is July 15, 2022, and the ex-date is July 14, 2022. The Fund aims to maintain this distribution monthly, subject to market conditions. However, the ability to sustain these payments may fluctuate based on income stability, capital gains, leverage costs, and other fees. Future distributions may include net investment income, capital gains, and return of capital. Final tax characteristics will be determined post-2022.
Neuberger Berman Real Estate Securities Income Fund (NRO) declared a monthly distribution of $0.0312 per share of common stock. This distribution is payable on June 30, 2022, with a record date of June 15, 2022, and an ex-date of June 14, 2022. The Fund anticipates regular monthly distributions, subject to market conditions. Distributions may include net investment income, capital gains, and return of capital. The ability to maintain the current distribution depends on various factors such as income stability and leverage costs.
Neuberger Berman Real Estate Securities Income Fund (NYSE: NRO) has declared a distribution of $0.0312 per share, payable on May 31, 2022. The record date is May 16, 2022, and the ex-date is May 13, 2022. The Fund anticipates making regular monthly distributions, subject to market conditions. The sustainability of this distribution is uncertain and depends on income stability, capital gains, leverage costs, and fees. The details of distributions, which may include net investment income, capital gains, and return of capital, will be communicated as required by regulations.
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