ARCHENA ALAGAPPAN ADDED AS ASSOCIATE PORTFOLIO MANAGER TO NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND

Rhea-AI Summary

Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) named Archena Alagappan, Senior Vice President, as associate portfolio manager of the Fund, effective December 12, 2025.

The announcement confirms a personnel change in the Fund's portfolio management team but contains no financial metrics, guidance, or transaction details.

Key Figures

Effective date December 12, 2025 Associate portfolio manager appointment effective date

Market Reality Check

$2.96 Last Close

Volume Volume 257,300 vs 212,003 20-day average suggests slightly elevated trading ahead of this announcement. normal

Technical Price at $2.96 is trading below the $3.20 200-day moving average and 21.69% below the 52-week high.

Peers on Argus

Peers show mixed moves: some modest gains (e.g., NXG 0.34%, MPV 0.77%, NHS 0.27%) and some declines (FUND -1.72%, LGI -0.69%). With no peers in the momentum scanner and no same-day peer headlines, the management change at NRO appears stock-specific rather than part of a broad sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 28	Monthly distribution	Positive	-1.0%	Announced monthly distribution of $0.0312 per share payable December 31, 2025.
Oct 31	Monthly distribution	Positive	-1.3%	Declared regular $0.0312 monthly distribution payable November 28, 2025.
Sep 30	Monthly distribution	Positive	+0.6%	Reiterated $0.0312 monthly distribution under level distribution policy.
Aug 29	Monthly distribution	Positive	-2.1%	Declared $0.0312 monthly distribution payable September 30, 2025.
Jul 31	Monthly distribution	Positive	+0.3%	Announced $0.0312 monthly distribution payable August 29, 2025.

Pattern Detected

Recent distribution declarations often saw small price moves, with more negative than positive reactions despite the consistent payout level.

Recent Company History

Over the last several months, NRO’s news flow has focused on maintaining a regular monthly distribution of $0.0312 per share, with payments scheduled from August 29, 2025 through December 31, 2025. Price reactions to these distribution announcements have been mixed, with both modest gains and declines. Today’s appointment of an associate portfolio manager adds a governance and management-structure development to a news history that has otherwise centered on recurring income distributions and related policy disclosures.

Market Pulse Summary

This announcement adds an associate portfolio manager to NRO effective December 12, 2025, representing a governance and staffing update rather than a change to the fund’s distribution level or policy. Contextually, recent news has centered on maintaining a monthly distribution of $0.0312 per share. With the stock trading below its $3.20 200-day moving average and about 21.69% under its 52-week high, investors may focus on how management execution supports income stability and net asset value over time.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) (the "Fund") has announced that Archena Alagappan, Senior Vice President, has been named associate portfolio manager of the Fund, effective December 12, 2025.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,900 employees in 26 countries. The firm manages $558 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named the #1 Best Place to Work in Money Management by Pensions & Investments and has placed #1 or #2 for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of September 30, 2025.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899

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SOURCE Neuberger Berman

FAQ

Who was appointed associate portfolio manager of Neuberger Berman Real Estate Securities Income Fund (NRO)?

Archena Alagappan, Senior Vice President, was named associate portfolio manager of the Fund.

When did Archena Alagappan become associate portfolio manager of NRO?

The appointment is effective December 12, 2025.

Does the NRO announcement include any financial impact or guidance from the appointment?

No; the announcement lists the personnel change only and provides no financial metrics or guidance.

What is the role change announced for Archena Alagappan at NRO?

Archena Alagappan was elevated to the role of associate portfolio manager of the Fund.

Where can investors find more official information about the NRO personnel announcement?

Investors can refer to the Fund's official corporate communications or regulatory filings for additional details.