Key Developments: Neuberger Berman Real Estate Securities Income Fund Inc (NRO)
4.93USD
18 Jun 2013
$0.02 (+0.41%)
$4.91
$4.92
$4.93
$4.89
132,010
237,908
$5.65
$4.13
Latest Key Developments (Source: Significant Developments)
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced that distribution of $0.02 per share of common stock. The distribution announced is payable on June 28, 2013, has a record date of June 17, 2013 and has an ex-date of June 13, 2013. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced a distribution declaration of $0.02 per share of common stock. The distribution announced is payable on May 31, 2013, has a record date of May 15, 2013 and has an ex-date of May 13, 2013. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced a distribution declaration of $0.02 per share of common stock. The distribution announced today is payable on April 30, 2013, has a record date of April 15, 2013 and has an ex-date of April 11, 2013. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced a distribution declaration of $0.02 per share of common stock. The distribution announced is payable on March 28, 2013, has a record date of March 15, 2013 and has an ex-date of March 13, 2013. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced a distribution declaration of $0.02 per share of common stock. The distribution announced today is payable on February 28, 2013, has a record date of February 15, 2013 and has an ex-date of February 13, 2013. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced a distribution declaration of $0.02 per share of common stock. The distribution announced is payable on January 31, 2013, has a record date of January 15, 2013 and has an ex-date of January 11, 2013. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced a distribution declaration of $0.02 per share of common stock. The distribution announced is payable on December 31, 2012, has a record date of December 17, 2012 and has an ex-date of December 13, 2012. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced distribution declaration of $0.02 per share of common stock. The distribution is payable on November 30, 2012, has a record date of November 15, 2012 and has an ex-date of November 13, 2012. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Monthly Distribution
Neuberger Berman Real Estate Securities Income Fund Inc announced a distribution declaration of $0.02 per share of common stock. The distribution announced today is payable on October 31, 2012, has a record date of October 15, 2012 and has an ex-date of October 11, 2012. Full Article
Neuberger Berman Real Estate Securities Income Fund Inc Announces Issuance of Mandatory Redeemable Preferred Shares
Neuberger Berman Real Estate Securities Income Fund Inc announced that it has announced that it successfully completed the issuance of $25,000,000 of Mandatory Redeemable Preferred Shares (the Preferred Shares). The Preferred Shares are exempt from registration under the Securities Act of 1933, as amended, have a per share liquidation preference of $25,000, pay dividends based on an annual fixed rate of 4% and have a term of five years, unless extended. By issuing the Preferred Shares, the Fund seeks to take advantage of the current interest rate environment that the Fund believes allows it to lock in an attractive fixed-rate cost of financing for a portion of its leverage for a specified period. The Fund continues to utilize debt financing in the form of a committed credit facility for the remainder of its leverage. In the current market environment, the combination of equity and debt leverage may help provide greater flexibility and protection to the Fund. The total amount of the Fund's leverage has increased slightly as a result of issuing the Preferred Shares. Full Article
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