#United States #New York #Income Fund #Neuberger Berman #Monthly Distribution

Neuberger Berman Real Estate Securities Income Fund Monthly Distribution Announcement

The Neuberger Berman Real Estate Securities Income Fund Inc., trading under NYSE American as NRO, has officially declared its monthly distribution. The announced amount is set at $0.0312 per share of common stock. This distribution is a part of the fund’s ongoing efforts to provide regular returns to its investors.

Key Dates to Remember

The declared distribution will be paid on January 31, 2025, with a record date set for January 15, 2025. It's important for shareholders to note that the ex-date is also on January 15, 2025. This synchronized timing ensures that all eligible shareholders are adequately informed and prepared to receive their payments.

Understanding the Distribution Policy

Neuberger Berman's Income Fund operates under a level distribution policy, which implies that it anticipates consistent monthly payments to its shareholders. The amount of $0.0312 per share is projected to continue, barring any unforeseen market conditions that might necessitate a reassessment. However, it's worth noting that there is no guarantee that this distribution will always be maintained at the same level or derived solely from net investment income.

Factors Influencing Distribution Rates

Several elements can influence the fund's ability to sustain its current distribution rates. These include:

• - Income Stability: The consistency and reliability of income generated from its investments directly impact payment capabilities.
• - Capital Gains: The availability of capital gains is vital in supporting distributions.
• - Leverage Usage: The degree of leverage employed can affect both costs and potential returns.
• - Fees and Expenses: Ongoing costs associated with fund management are critical considerations.

The fund's distributions may comprise various components such as net investment income, net realized capital gains, and even potential return of capital. In compliance with the Investment Company Act of 1940, the fund is required to notify shareholders if a distribution does not consist solely of net investment income. Such notices serve informational purposes rather than tax reporting, indicating the estimated proportions of income, capital gains, and return on capital involved in the distributions.

Background on Neuberger Berman

Founded in 1939, Neuberger Berman is a private, employee-owned investment management firm, renowned for its commitment to active management and in-depth research. Employing over 2,800 professionals across 26 countries, the firm manages a diversified portfolio amounting to $509 billion. Their emphasis lies on environmental, social, and governance practices, earning them recognition as part of the Leader's Group, a distinction awarded to less than 1% of investment firms.

Additionally, Neuberger Berman has consistently ranked as one of the Top 2 Best Places to Work in Money Management over the past decade, according to Pensions & Investments, underscoring its robust corporate culture and employee satisfaction.

Conclusion

As the clock ticks towards the end of January 2025, investors in the Neuberger Berman Real Estate Securities Income Fund can look forward to their regular monthly distributions. The firm’s established practices and commitment to shareholders continue to reassure investors of their ongoing financial returns amidst fluctuating market conditions. For more details on the fund and its distributions, stakeholders are encouraged to visit the official Neuberger Berman website.