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) declared a monthly distribution of $0.0312 per share, payable on April 29, 2022, with a record date of April 18, 2022 and an ex-date of April 14, 2022. This distribution is part of the Fund's level distribution policy, with expectations for regular monthly distributions. However, the Fund's ability to maintain this distribution depends on various factors, including income stability and leverage costs. Future distributions may include net investment income, capital gains, and return of capital.
The Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) has declared a monthly distribution of $0.0312 per share of common stock. This distribution is set for payment on March 31, 2022, with a record date of March 15, 2022 and an ex-date of March 14, 2022. The Fund aims to maintain this distribution amount regularly, subject to market conditions, but emphasizes that ongoing payments depend on factors such as investment income, capital gains, and overall fund expenses.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) has declared a monthly distribution of $0.0312 per share, payable on February 28, 2022, with a record date of February 15, 2022 and an ex-date of February 14, 2022. The Fund expects to make regular monthly distributions, but it cautions that there are no guarantees regarding future payouts. Distributions may include net investment income, capital gains, and return of capital, subject to various factors affecting the Fund's performance and income stability.
On December 31, 2021, Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) declared a monthly distribution of $0.0312 per share of common stock. This distribution is payable on January 31, 2022, with a record date of January 18, 2022, and an ex-date of January 14, 2022. The Fund intends to make regular monthly distributions, subject to market conditions. Its ability to maintain this distribution is contingent on various factors, including income stability and capital gains availability.
Neuberger Berman Real Estate Securities Income Fund (NYSE: NRO) has declared a monthly distribution of $0.0312 per share, payable on December 31, 2021. The record date is December 15, 2021, with an ex-date of December 14, 2021. The fund anticipates regular monthly distributions under its level distribution policy, although future distributions may consist of net investment income, realized capital gains, and return of capital. The fund's ability to maintain these distributions relies on various factors including income stability and leverage costs.
On November 19, 2021, Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) announced an amendment to its leverage facility. The total commitment under the revolving credit facility has increased from $40 million to $70 million, aligning with the Fund's current asset level. Additionally, the Fund maintains a $30 million fixed-rate term loan, due September 2024.
Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) has declared a monthly distribution of $0.0312 per share, payable on November 30, 2021. The record date is November 15, 2021, with an ex-date of November 12, 2021. The Fund expects to maintain this distribution level, contingent on income stability and market conditions. Potential sources of the distribution may include net investment income, capital gains, and return of capital, with tax characteristics determined at year-end.
Neuberger Berman Real Estate Securities Income Fund (NRO) has declared a monthly distribution of $0.0312 per share of common stock. This distribution will be payable on October 29, 2021, with a record date of October 15, 2021 and an ex-date of October 14, 2021. The Fund aims to maintain this distribution level, subject to market conditions and other factors affecting income stability, capital gains, and expenses. Distributions may comprise net investment income, capital gains, and return of capital, with tax characteristics determined post the fiscal year.
Neuberger Berman Real Estate Securities Income Fund (NYSE: NRO) has declared a monthly distribution of $0.0312 per share, payable on August 31, 2021, with a record date of August 16, 2021 and an ex-date of August 13, 2021. The fund anticipates consistent distributions, subject to market conditions, but cautions that future payouts may vary based on income stability, capital gains, and operational expenses. Distributions may include net investment income, realized capital gains, and return of capital. Final tax characteristics of the 2021 distributions will be determined at year-end.
Neuberger Berman Real Estate Securities Income Fund (NYSE: NRO) declared a monthly distribution of $0.0312 per share, payable on July 30, 2021, with a record date of July 15, 2021 and an ex-date of July 14, 2021. The Fund aims to make regular monthly distributions subject to market conditions, but there's no guarantee of maintaining this rate. The distribution may include net investment income, realized capital gains, and return of capital. The Fund's ability to sustain distributions relies on income generated from investments, leverage costs, and overall expenses.
FAQ
What is the current stock price of Neuberger Berman Real Estate Sec. Income Fund (NRO)?
What is the market cap of Neuberger Berman Real Estate Sec. Income Fund (NRO)?
What is Neuberger Berman Real Estate Securities Income Fund Inc. (NRO)?
What is the primary objective of NRO?
What sectors does NRO invest in?
Who manages NRO?
When is the latest distribution declaration for NRO?
What factors influence the distribution amount of NRO?
What is Neuberger Berman’s investment philosophy?
How is Neuberger Berman recognized in the industry?
What is the global reach of Neuberger Berman?
How can investors stay updated on NRO's performance?
