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

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) declared a monthly dividend on Friday, February 27th. Shareholders of record on Monday, March 16th will be given a dividend of 0.0312 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Monday, March 16th.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Neuberger Berman Real Estate Securities Income Fund stock opened at $2.95 on Friday. Neuberger Berman Real Estate Securities Income Fund has a fifty-two week low of $2.75 and a fifty-two week high of $3.37. The firm has a fifty day moving average price of $3.03 and a two-hundred day moving average price of $3.10.

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

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at approximately $33,000. XTX Topco Ltd acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the second quarter worth approximately $34,000. Virtu Financial LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth approximately $32,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter valued at approximately $48,000. Finally, Integrity Advisory Solutions LLC bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter valued at approximately $53,000.

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.