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

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.

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.

Argus Dec 15 session

-1.01% close to close Open Argus

Details

News Market Reaction – NRO

In the Dec 15 session, NRO declined 1.01%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds an associate portfolio manager to NRO effective December 12, 2025, representi...

Analysis

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.

Key Figures

Effective date: December 12, 2025

Effective date

December 12, 2025

Associate portfolio manager appointment effective date

Historical Context

5 past events · Latest: Nov 28

5 events

1. Nov 28

   Monthly distribution

   24h Move

   -1.0%

   Announced monthly distribution of $0.0312 per share payable December 31, 2025.

2. Oct 31

   Monthly distribution

   24h Move

   -1.3%

   Declared regular $0.0312 monthly distribution payable November 28, 2025.

3. Sep 30

   Monthly distribution

   24h Move

   +0.6%

   Reiterated $0.0312 monthly distribution under level distribution policy.

4. Aug 29

   Monthly distribution

   24h Move

   -2.1%

   Declared $0.0312 monthly distribution payable September 30, 2025.

5. Jul 31

   Monthly distribution

   24h Move

   +0.3%

   Announced $0.0312 monthly distribution payable August 29, 2025.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.