N
euberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) has announced the final results of its transferable rights offering, which closed on February 19, 2025. The offer was over-subscribed, with a subscription price per share of $3.25, representing 90% of the fund's net asset value at the close of trading on the NYSE American.

    A total of 15,840,458 shares of common stock will be issued, generating approximately $51.5 million in gross proceeds. The shares are expected to be distributed on or about February 26, 2025, with excess payments returned to subscribing investors.

    Due to over-subscription, the allocation of additional shares will be made pro-rata among record date stockholders who submitted requests based on their original rights issued by the fund.

    This announcement is not an offer to sell securities and is not soliciting offers to buy. Investors should review the fund's prospectus and consider its investment objectives, risks, charges, and expenses before investing.

    For more information about the transferable rights offering, contact EQ Fund Solutions, LLC at (866) 387-0017.

    Neuberger Berman Real Estate Securities Income Fund Inc.'s primary objective is to generate high current income, with capital appreciation as a secondary goal. The fund invests in income-producing securities issued by real estate companies and may hold debt securities of any credit quality.

    About Neuberger Berman: Founded in 1939, the employee-owned investment manager has over 2,800 employees across 26 countries, managing $508 billion in portfolios for global institutions, advisors, and individuals.