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NRO

3.22000 USD
0.02
0.62%
Last update Jun 13, 3:59 PM EDT
Market closed
Day range
3.21000
3.24000
Previous close
3.24000
Open
3.23000
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Neuberger Berman Real Estate Securities Incom...
3.22
0.02
0.62%

Overview

Description

The Neuberger Berman Real Estate Securities Income Fund Inc. is a closed-end management investment company. Its primary objective is to provide high current income, with a secondary goal of capital appreciation. The fund primarily invests in income-producing real estate securities, including Real Estate Investment Trusts (REITs), which are instrumental in various sectors such as commercial properties, residential developments, and mixed-use spaces. By focusing on real estate securities, the fund plays a crucial role in offering investors exposure to the real estate market without the direct responsibilities of owning physical real estate. The Neuberger Berman Realty Fund stands out for its strategic approach in selecting a diversified portfolio that targets sectors with growth potential and stable income sources. The fund’s position in the market is significant for individuals seeking to diversify their investment portfolios while potentially benefiting from the income generation and asset appreciation characteristics typical of the real estate sector. By leveraging expertise in asset management, the fund helps in capturing opportunities related to market valuation changes, interest rate adjustments, and sector trends in the ever-evolving real estate landscape.

About

CEO
Mr. Joseph Vincent Amato
Employees
0
Address
1290 Avenue of the Americas
New York, 10104, NY
United States
Phone
212 476 9000
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XASE
Market closed

Exchange is currently closed
Pre-market opens in 3 hours 10 minutes

00:49
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).