Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) announced a monthly dividend on Friday, February 27th. Stockholders of record on Monday, March 16th will be given a dividend of 0.0312 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date of this dividend is Monday, March 16th.
Neuberger Berman Real Estate Securities Income Fund Stock Performance
Shares of Neuberger Berman Real Estate Securities Income Fund stock opened at $2.95 on Friday. Neuberger Berman Real Estate Securities Income Fund has a twelve month low of $2.75 and a twelve month high of $3.37. The business has a 50-day moving average price of $3.03 and a 200 day moving average price of $3.10.
Hedge Funds Weigh In On Neuberger Berman Real Estate Securities Income Fund
Several hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the third quarter worth approximately $33,000. XTX Topco Ltd acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at $34,000. Virtu Financial LLC purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at $32,000. Mercer Global Advisors Inc. ADV purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $48,000. Finally, Integrity Advisory Solutions LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the 3rd quarter worth $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.
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