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

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 15th will be given a dividend of 0.0312 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 12.9%. The ex-dividend date is Tuesday, September 15th.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NRO stock opened at $2.91 on Tuesday. The firm has a fifty day simple moving average of $3.01 and a two-hundred day simple moving average of $2.99. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.74 and a 12 month high of $3.37.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NRO. Envestnet Asset Management Inc. acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth about $33,000. K2 Principal Fund L.P. bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at about $32,000. XTX Topco Ltd acquired a new position in Neuberger Berman Real Estate Securities Income Fund during the 2nd quarter valued at about $34,000. Virtu Financial LLC bought a new stake in Neuberger Berman Real Estate Securities Income Fund during the 4th quarter worth approximately $32,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter worth approximately $48,000.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.