Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Plans $0.03 Monthly Dividend

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Friday, October 31st. Investors of record on Monday, November 17th will be paid a dividend of 0.0312 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 12.2%. The ex-dividend date of this dividend is Monday, November 17th.

Neuberger Berman Real Estate Securities Income Fund Stock Down 0.6%

NYSEAMERICAN:NRO traded down $0.02 on Friday, reaching $3.08. 279,052 shares of the stock traded hands, compared to its average volume of 238,807. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.75 and a 12 month high of $3.94. The company’s fifty day simple moving average is $3.20 and its 200 day simple moving average is $3.22.

Hedge Funds Weigh In On Neuberger Berman Real Estate Securities Income Fund

Several institutional investors have recently bought and sold shares of NRO. Cetera Investment Advisers increased its position in Neuberger Berman Real Estate Securities Income Fund by 23.0% during the 1st quarter. Cetera Investment Advisers now owns 87,835 shares of the company’s stock valued at $290,000 after buying an additional 16,445 shares in the last quarter. Compound Planning Inc. boosted its position in Neuberger Berman Real Estate Securities Income Fund by 31.0% in the first quarter. Compound Planning Inc. now owns 19,000 shares of the company’s stock valued at $63,000 after buying an additional 4,500 shares during the last quarter. K2 Principal Fund L.P. purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the first quarter valued at approximately $34,000. First Manhattan CO. LLC. purchased a new position in Neuberger Berman Real Estate Securities Income Fund during the 1st quarter worth approximately $46,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the 1st quarter valued at approximately $670,000.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.