Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Declares $0.03 Monthly Dividend

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) declared a monthly dividend on Friday, January 30th. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.0312 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date is Tuesday, February 17th.

Neuberger Berman Real Estate Securities Income Fund Stock Up 1.0%

Neuberger Berman Real Estate Securities Income Fund stock opened at $3.11 on Friday. Neuberger Berman Real Estate Securities Income Fund has a twelve month low of $2.75 and a twelve month high of $3.43. The stock’s fifty day simple moving average is $3.01 and its 200-day simple moving average is $3.12.

Hedge Funds Weigh In On Neuberger Berman Real Estate Securities Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wolverine Asset Management LLC purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth approximately $1,461,000. Advisors Asset Management Inc. purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at approximately $1,356,000. NWF Advisory Services Inc. raised its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 63.5% in the 3rd quarter. NWF Advisory Services Inc. now owns 278,206 shares of the company’s stock valued at $899,000 after purchasing an additional 108,000 shares in the last quarter. Cornerstone Advisors LLC lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 27.2% during the 2nd quarter. Cornerstone Advisors LLC now owns 451,982 shares of the company’s stock worth $1,455,000 after purchasing an additional 96,613 shares during the last quarter. Finally, Shaker Financial Services LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the third quarter worth $257,000.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end management investment company organized as a Massachusetts business trust. Listed on the NYSE American exchange, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through an actively managed portfolio of real estate securities. Its structure allows investors to access a diversified pool of real estate assets within a single investment vehicle.

The fund’s primary investment focus is on equity real estate investment trusts (REITs), real estate operating companies and other real estate–related securities.