Newuberger Berman Real Estate Securities Income Fund, Inc. (NYSE:NRO) has declared its monthly distribution of $0.02 per share of common stock. The distribution is payable to shareholders of record as of February 16, 2010. It is payable on February 26. The ex date of the distribution is February 11, 2010.
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Pursuant to the Fund’s distribution policy, the Fund will make regular monthly distributions. All distributions are subject to market conditions. The Fund guarantees no assurance that it will be able to pay a distribution of any particular size, or that a distribution will be comprised of net investment income.
Neuberger Berman Real Estate Securities Income Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide high current income. It invests primarily in securities issued by real estate companies, including real estate investment trusts (REITs). The Fund invests approximately 70% to 80% of total assets in common equity securities, and 20% to 30% in preferred securities. The Fund's investments will be concentrated in income-producing common equity securities, preferred securities, convertible securities and non-convertible debt securities issued by companies deriving the majority of their revenue from the ownership, construction, financing, management and/or sale of commercial, industrial, and/or residential real estate. The Fund’s investment manager and administrator is Neuberger Berman Management Inc. In March 2008, Neuberger Berman Realty Income Fund Inc. completed its merger with the Fund.
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