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 share, payable February 27, 2026, with record and ex-date of February 17, 2026. The Fund expects regular monthly distributions at $0.0312 under its level distribution policy, subject to market conditions.

The Fund warned distributions may include net investment income, net realized capital gains or return of capital and final tax characterization will be determined after year-end 2026.

Positive

• Monthly distribution declared at $0.0312 per share
• Payable February 27, 2026 with February 17, 2026 record/ex-date
• Level distribution policy provides predictable monthly payout target

Negative

• Distributions may include return of capital, reducing future NAV
• No assurance payouts will remain at $0.0312; sustainability depends on income

News Market Reaction

-0.34%

1 alert

-0.34% News Effect

On the day this news was published, NRO declined 0.34%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Monthly distribution: $0.0312 per share Payable date: February 27, 2026 Record date: February 17, 2026 +1 more

4 metrics

Monthly distribution $0.0312 per share Declared regular monthly common stock distribution

Payable date February 27, 2026 Payment date for announced distribution

Record date February 17, 2026 Shareholders of record eligible for distribution

Ex-date February 17, 2026 Ex-dividend date for the distribution

Market Reality Check

Price: $3.04 Vol: Volume 346,154 vs 20-day ...

normal vol

$3.04 Last Close

Volume Volume 346,154 vs 20-day average 272,611 (relative volume 1.27) ahead of a routine distribution update. normal

Technical Shares at $2.98 trade below the 200-day MA of $3.16, despite continued level distributions.

Peers on Argus

NRO was modestly higher pre-announcement (0.34%) while close-end fund peers show...

NRO was modestly higher pre-announcement (0.34%) while close-end fund peers showed mixed moves, with NXG and LGI up and MPV, NHS, FUND down, pointing to stock-specific dynamics around this distribution update.

Common Catalyst Another Neuberger fund, NHS, also issued a same-day monthly distribution announcement, suggesting routine distribution communications across related funds.

Historical Context

5 past events · Latest: Dec 31 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 31	Monthly distribution	Neutral	+0.0%	Declared $0.0312 January 2026 distribution with level policy reiterated.
Dec 12	Mgmt change	Neutral	-1.0%	Named Archena Alagappan as associate portfolio manager for the fund.
Nov 28	Monthly distribution	Neutral	-1.0%	Declared $0.0312 December 2025 distribution under level distribution policy.
Oct 31	Monthly distribution	Neutral	-1.3%	Declared regular $0.0312 November 2025 monthly distribution with standard caveats.
Sep 30	Monthly distribution	Neutral	+0.6%	Declared $0.0312 October 2025 distribution, continuing level payout approach.

Pattern Detected

Recent monthly distribution declarations at the same $0.0312 rate have typically coincided with small, mixed price moves, indicating these announcements are treated as routine.

Recent Company History

Over the past several months, NRO has repeatedly declared regular monthly distributions of $0.0312 per share, with payable dates at month-end and mid-month record/ex-dates. The fund has emphasized a level distribution policy while cautioning that payouts may include net investment income, capital gains, and return of capital. A December 2025 portfolio management change was the only non-distribution item, with limited price impact. Today’s announcement continues the same payout level into 2026, reinforcing this established pattern.

Market Pulse Summary

This announcement continues NRO’s established pattern of monthly distributions at $0.0312 per share,...

Analysis

This announcement continues NRO’s established pattern of monthly distributions at $0.0312 per share, with a payable date of February 27, 2026 and a February 17, 2026 record and ex-date. The fund reiterates that payouts may include net investment income, capital gains, and return of capital, and that final 2026 tax characterizations will be determined after year-end. Investors may watch future updates on income stability, leverage costs, and any changes to the distribution level.

Key Terms

net investment income, net realized capital gains, return of capital, Section 19 of the Investment Company Act of 1940, +3 more

7 terms

net investment income financial

"There is no assurance that the Fund will always be able to pay a distribution... 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.

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.

record date financial

"has a record date of February 17, 2026, and has an ex-date..."

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 February 17, 2026, and has an ex-date of February 17, 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.

distribution declaration financial

"has announced a distribution declaration of $0.0312 per share..."

A distribution declaration is a formal announcement that a company, fund, or trust will pay cash or other assets to its shareholders or unitholders, specifying how much will be paid and when recipients must be holding the security to get it. Investors care because the declaration signals how the business is allocating profit or cash flow—similar to a landlord telling tenants they’ll receive a portion of rent—affecting expected income, valuation, and short-term share price movement.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 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 February 27, 2026, has a record date of February 17, 2026, and has an ex-date of February 17, 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 27 countries. The firm manages $563 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 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 December 31, 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

What distribution did Neuberger Real Estate Securities Income Fund (NRO) declare for February 2026?

The Fund declared a monthly distribution of $0.0312 per share, payable February 27, 2026. According to Neuberger Real Estate Securities Income Fund, the distribution has a record and ex-date of February 17, 2026 and follows its level distribution policy.

When is the NRO distribution payable and what are the record and ex-dates?

The distribution is payable on February 27, 2026, with record and ex-dates of February 17, 2026. According to Neuberger Real Estate Securities Income Fund, shareholders on the record date are eligible and the ex-date governs trading eligibility.

Will Neuberger Real Estate Securities Income Fund (NRO) maintain the $0.0312 monthly distribution?

The Fund anticipates regular monthly distributions of $0.0312, subject to market conditions and management action. According to Neuberger Real Estate Securities Income Fund, the payout is not guaranteed and may change if income or market factors shift.

What might the NRO distribution consist of for 2026 taxpayers?

Distributions may consist of net investment income, net realized capital gains, or return of capital. According to Neuberger Real Estate Securities Income Fund, the final tax characterization for 2026 distributions will be determined and reported after year-end.

How could return of capital in NRO distributions affect shareholders?

Return of capital distributions reduce a shareholder's cost basis and can lower NAV rather than represent income. According to Neuberger Real Estate Securities Income Fund, estimated portions will be disclosed if distributions are not solely net investment income.

Where can investors find notices if NRO distributions are not solely net investment income?

A notice will be provided to disclose estimated portions of income, capital gains, and return of capital for informational purposes. According to Neuberger Real Estate Securities Income Fund, such notices comply with Section 19 of the Investment Company Act and are not tax returns.