realestate

Neuberger Berman Announces Monthly REIT Distribution

Neuberger Berman Real Estate Securities Income Fund declares $0.0312 per share distribution, payable Dec 31, 2024.

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    Neuberger Berman Real Estate Securities Income Fund Inc. has announced a distribution of $0.0312 per share of common stock, payable on December 31, 2024. The record date is December 16, 2024, and the ex-date is also December 16, 2024. Under its level distribution policy, the fund aims to make regular monthly distributions, subject to market conditions, unless further action is taken.

    The distribution may consist of net investment income, net realized capital gains, or return of capital. In compliance with Section 19 of the Investment Company Act of 1940, a notice will be provided for any distribution that does not consist solely of net investment income.

    About Neuberger Berman: The firm is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. It manages $509 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 based on active management, fundamental research, and engaged ownership. The firm has been recognized for its excellence in environmental, social, and governance practices and has been named one of the best places to work in money management by Pensions & Investments.

Neuberger Berman executive announces monthly distribution for Real Estate Investment Trust.