NEUBERGER REAL ESTATE SECURITIES INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Real Estate Securities Income Fund (NYSE American: NRO) declared a monthly distribution of $0.0312 per common share, payable May 29, 2026, with record and ex-date of May 15, 2026.

Under its level distribution policy, the Fund expects regular monthly distributions of $0.0312 per share subject to market conditions, and cautions distributions may include net investment income, capital gains or return of capital; final tax characterization will be determined after year-end 2026.

Positive

• $0.0312 monthly distribution declared
• Payment date May 29, 2026 with record/ex-date May 15, 2026
• Level distribution policy targets consistent monthly payouts

Negative

• No assurance distributions or specific amounts will be maintained
• Distributions may include return of capital, affecting tax basis
• Ability to sustain rate depends on income, capital gains and leverage

Market Context

This announcement reiterates NRO’s monthly distribution of $0.0312 per share, continuing its level d...

Analysis

This announcement reiterates NRO’s monthly distribution of $0.0312 per share, continuing its level distribution policy while emphasizing that payouts may include net investment income, capital gains, or return of capital. Recent history shows a consistent distribution rate but mixed performance, including a -6.59% total return on NAV and prior dilution from a $51.5M rights offering. Investors may watch future disclosures on income coverage, leverage, and expense levels to gauge sustainability.

Key Figures

Monthly distribution: $0.0312 per share Payment date: May 29, 2026 NAV per share: $3.23 +5 more

8 metrics

Monthly distribution $0.0312 per share Declared for May 29, 2026 payment

Payment date May 29, 2026 Monthly distribution payable date

NAV per share $3.23 As of January 13, 2026 (N-2 filing)

Market price $3.05 As of January 13, 2026, at -5.57% discount to NAV

Leverage ratio 25.5% of managed assets Borrowings via secured margin facility (N-2 filing)

Expense ratio 3.12% of net assets Estimated ongoing expenses from N-2 filing

Total return on NAV -6.59% Year ended October 31, 2025 (N-CSR)

Rights offering proceeds $51.5M Raised via 15,840,458 shares at $3.25 (N-CSR)

Historical Context

5 past events · Latest: Mar 31 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 31	Monthly distribution	Positive	+1.4%	Declared $0.0312 monthly distribution payable April 30, 2026, under level policy.
Feb 27	Monthly distribution	Positive	+0.0%	Announced $0.0312 March 31, 2026 distribution with consistent payout guidance.
Jan 30	Monthly distribution	Positive	-0.3%	Declared $0.0312 February 27, 2026 payout; reiterated level distribution approach.
Dec 31	Monthly distribution	Positive	+0.0%	Confirmed $0.0312 January 30, 2026 distribution and ongoing monthly policy.
Dec 12	Mgmt change	Neutral	-1.0%	Added Archena Alagappan as associate portfolio manager for the fund.

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

Pattern Detected

Repeated monthly distribution announcements at $0.0312 have historically led to small, mixed price reactions, with mostly modest alignment between income news and share performance.

Recent Company History

Over the past several months, NRO has repeatedly declared a steady monthly distribution of $0.0312 per share, with announcements on Dec 31, 2025, Jan 30, 2026, Feb 27, 2026, and Mar 31, 2026. Price reactions to these distribution notices ranged from -0.34% to +1.41%, generally modest. A portfolio management change on Dec 12, 2025 drew a slightly negative reaction. Today’s release continues the same level distribution policy and income messaging seen across these prior updates.

Key Terms

net investment income, net realized capital gains, return of capital, record date, +2 more

6 terms

net investment income financial

"There is no assurance ... or that a distribution will consist of only net investment income."

Net investment income is the money an investor or fund actually keeps from its investments after subtracting the costs of running those investments (like management fees, interest, and losses). Think of it as your paycheck from owning assets: gross returns minus the bills needed to earn them. Investors watch it because it shows how profitable the investment activities are, influences dividend payouts and cash available for growth, and helps compare true performance across funds or companies.

net realized capital gains financial

"may consist of net investment income, net realized capital gains and return of capital."

Net realized capital gains are the total profits an investor or fund actually locks in by selling investments at a higher price than they were bought, after subtracting any losses and transaction costs. Think of it like a garage sale where you tally the money made from items sold for more than you paid, minus the losses on items that sold for less; these net gains affect taxable income, dividend distributions and reported earnings, so they directly influence investor returns and tax bills.

return of capital financial

"may consist of net investment income, net realized capital gains and return of capital."

Return of capital is when an investor receives money from their investment that is not considered profit or earnings but rather a portion of the original amount they invested. It’s similar to getting back part of your initial savings rather than gains from it. This matters because it can affect how much money an investor still has in the investment and may have tax implications.

record date financial

"payable on May 29, 2026, has a record date of May 15, 2026..."

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

ex-date financial

"has a record date of May 15, 2026, and has an ex-date of May 15, 2026."

The ex-date is the specific day when a stock stops trading with the right to receive an upcoming dividend or other benefit. If you buy the stock on or after this date, you won't get the upcoming payout; instead, the seller will. It’s like a cut-off point that determines who is entitled to receive the benefits of a company’s distribution to shareholders.

section 19 of the investment company act of 1940 regulatory

"In compliance with Section 19 of the Investment Company Act of 1940, as amended..."

Section 19 of the Investment Company Act of 1940 bars the resale or distribution of mutual fund or other investment company shares that were originally acquired in violation of the Act, and gives the fund certain remedies such as reclaiming profits or undoing the sale. For investors and intermediaries this matters because it can make otherwise tradable shares illiquid or subject to forced recovery, creating legal and financial risk similar to buying a product that can later be recalled and refunded.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

NEW YORK, April 30, 2026 /PRNewswire/ -- Neuberger Real Estate Securities Income Fund Inc. (NYSE American: NRO) (the "Fund") has announced a distribution declaration of $0.0312 per share of common stock. The distribution announced today is payable on May 29, 2026, has a record date of May 15, 2026, and has an ex-date of May 15, 2026.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0312 per share of common stock, unless further action is taken to determine another amount. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist of only net investment income. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, the amount of leverage employed by the Fund, the cost of leverage and the level of other Fund fees and expenses.

The distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $567 billion of equities, fixed income, private markets, 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 is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of March 31, 2026.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/neuberger-real-estate-securities-income-fund-announces-monthly-distribution-302759472.html

SOURCE Neuberger Berman

FAQ

What monthly distribution did Neuberger Real Estate Securities Income Fund (NRO) announce for May 2026?

The Fund declared a monthly distribution of $0.0312 per share. According to the company, the distribution is payable on May 29, 2026 with a record/ex-date of May 15, 2026.

Will NRO's May 2026 distribution be paid from income or return of capital?

The distribution may consist of net investment income, capital gains, and/or return of capital. According to the company, the final determination of tax character will be made after the end of 2026.

Does NRO guarantee the $0.0312 monthly distribution will continue beyond May 2026?

No guarantee is provided that the distribution amount will continue. According to the company, the level distribution policy anticipates regular monthly payments but is subject to market conditions and other factors.

How will NRO report the tax characteristics of 2026 distributions to shareholders?

The company will provide an informational notice if a distribution does not consist solely of net investment income. According to the company, the final tax breakdown for 2026 distributions will be reported after year-end.

What factors did Neuberger cite that affect NRO's ability to maintain its current distribution rate?

The Fund cited income stability, availability of capital gains, leverage level and cost, and fees and expenses. According to the company, these factors will influence the ability to sustain the current distribution rate.