Neuberger Real Estate Securities Income Fund Inc

Frequently Asked Questions About NRO

What does NRO invest in?

Seeking both capital appreciation and ongoing income, the Neuberger Real Estate Securities Income Fund, Inc. functions as a closed-end investment fund or trust. This entity was established on August 28, 2003, and maintains its headquarters in New York, NY.

What is the expense ratio of NRO?

Neuberger Real Estate Securities Income Fund Inc (NRO) charges an expense ratio of 3.12%. This is the annual fee deducted from fund assets to cover management and operations.

What is NRO's dividend yield?

NRO's trailing-twelve-month yield is 14.80%, calculated from the sum of dividends over the past year divided by the current price.

How big is NRO?

Neuberger Real Estate Securities Income Fund Inc (NRO) has a market value of $160.3M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is NRO actively managed or an index fund?

NRO is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (NRO's is 3.12%) in exchange for the discretion to over- or under-weight positions.

When was NRO launched?

Neuberger Real Estate Securities Income Fund Inc (NRO) launched in October 2003 and is managed by Neuberger Berman.