In the news release, NEUBERGER BERMAN REAL ESTATE SECURITIES
INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION, issued 31-Jan-2024 by Neuberger Berman over PR Newswire,
we are advised by the company that an incorrect version of the
release was issued inadvertently. The complete, corrected release
follows:
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND ANNOUNCES
MONTHLY DISTRIBUTION
NEW
YORK, Jan. 31, 2024 /PRNewswire/ -- Neuberger
Berman Real Estate Securities Income Fund Inc. (NYSE American:
NRO) (the "Fund") has announced a distribution declaration of
$0.0312 per share of common stock.
The distribution announced today is payable on February 29, 2024, has a record date of
February 15, 2024 and has an ex-date
of February 14, 2024.
Under its level distribution policy, the Fund anticipates that
it will make regular monthly distributions, subject to market
conditions, of $0.0312 per share of
common stock, unless further action is taken to determine another
amount. There is no assurance that the Fund will always be able to
pay a distribution of any particular amount, or that a distribution
will consist of only net investment income. The Fund's ability to
maintain its current distribution rate will depend on a number of
factors, including the amount and stability of income received from
its investments, availability of capital gains, the amount of
leverage employed by the Fund, the cost of leverage and the level
of other Fund fees and expenses.
The distribution announced today, as well as future
distributions, may consist of net investment income, net realized
capital gains and return of capital. In compliance with Section 19
of the Investment Company Act of 1940, as amended, a notice would
be provided for any distribution that does not consist solely of
net investment income. The notice would be for informational
purposes and not for tax reporting purposes, and would disclose,
among other things, estimated portions of the distribution, if any,
consisting of net investment income, capital gains and return of
capital. The final determination of the source and tax
characteristics of all distributions paid in 2024 will be made
after the end of the year.
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent
investment manager founded in 1939 with 2,800 employees in 26
countries. The firm manages $463
billion of equities, fixed income, private equity, real
estate and hedge fund portfolios for global institutions, advisors
and individuals. Neuberger Berman's investment philosophy is
founded on active management, fundamental research and engaged
ownership. UNPRI named the firm a Leader, a designation awarded to
fewer than 1% of investment firms for excellence in environmental,
social and governance practices. Neuberger Berman has been named by
Pensions & Investments as the #1 or #2 Best Place to Work in
Money Management for each of the last ten years (firms with more
than 1,000 employees). Visit www.nb.com for more information. Data
as of December 31, 2023.
Statements made in this release that look forward in time
involve risks and uncertainties. Such risks and uncertainties
include, without limitation, the adverse effect from a decline in
the securities markets or a decline in the Fund's performance, a
general downturn in the economy, competition from other closed end
investment companies, changes in government policy or regulation,
inability of the Fund's investment adviser to attract or retain key
employees, inability of the Fund to implement its investment
strategy, inability of the Fund to manage rapid expansion and
unforeseen costs and other effects related to legal proceedings or
investigations of governmental and self-regulatory
organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman