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Neuberger Berman Real Estate Securities Income Fund (NRO)

Specialty Equity Funds - Global Real Estate, REIT & Real Assets

Data as of Dec. 4, 2024
Current
Market Price $3.77 (- $0.06)
NAV (Dec. 4, 2024) $3.86 ( $0.00)
Fund Listed NYSE MKT
Premium / Discount -2.33% (-1.55%)
Fund Info
Inception Oct. 31, 2003
Sponsor Neuberger Berman Management
Website https://www.nb.com/en/...
Phone 800.877.9700
NAV Symbol XNROX
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: High current income; real estate securities
Related Indexes
Global Real Estate, REIT & Real Asset Index
Tax-Sensitive Income Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 50,000,000
Total Assets (Reported: April 30, 2024) $204M
Estimated Total Assets $243M
Net Assets $193M
Market Cap $189M
Portfolio Turnover 16.00%
Total Leverage 20.62%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.68%
Non Lev Exp Ratio 1.32%
Rel Lev Cost 4.97%
Discount Data
Average Discount (3 Yr) -5.36%
Discount Low(3 Yr) -14.56%
Discount High(3 Yr) 4.96%
Discount Rel Range (3 Yr) 62.63%
Comp Discount -0.39
Discount St Dev (1Yr) 3.49
Z-Stat
Z-Stat (6mo) -0.67
Z-Stat (1Yr) 0.43
Z-Stat (3Yr) 0.68
Comp Z-Stat (6mo) -1.30
Comp Z-Stat (3Yr) -0.64
Distribution Data
Market Yield 9.93%
Income Yield 1.15%
Lev Adj NAV Yield 8.04%
Distribution Frequency M
Current Distribution $0.031
Current Income $0.004
Ex-Date 12/16/24
Payable Date 12/31/24
Div Growth (3yr) 0.00%
Dividend Change -22.0% on 12/31/20
Expected Div 12/31/24
RoC (1yr) 54.61%
RoC (3yr) 63.78%
Tax Dividend Data 2023 2021 - 2023
Income 30.2% 29.6%
ST Gains 0% 0%
QDI 30.2% 9.9%
LT Gains 0% 0%
RoC 69.8% 70.4%
Volume & Liquidity
Average Daily $ (K) $408
Avg Volume 30 day 106,712
Avg Volume 90 day 108,130
Volume Trend -1.31%
Comp Volume Trend 3.78%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
40.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
62.0%
Price Correlation (1yr)
vs. CEFA's Global Real Estate, REIT & Real Asset Index
84.0%
Most Correlated Peer (Mk Pr): RLTY 79.0%
NAV - Price Correlation (30 d) 78.0%
NAV - Price Correlation (90 d) 88.5%
NAV - Price Correlation (1 Yr) 94.6%
Price St Dev (1Yr) 20.8%
NAV St Dev (1Yr) 15.3%
Earnings
Earnings / Share (4/30/24) $0.015
Earn Coverage 47.76%
Earnings Trend Up
UNII / Share (4/30/24) $-0.101
Rel UNII -232.87
UNII Trend Down
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.90
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
2.11
NAV Beta (2yr)
vs. CEFA's Global Real Estate, REIT & Real Asset Index
1.02

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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