Neuberger Berman Real Est Sec:NRO

    Overview

    As of 12/19/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$5.23$6.19-15.51%
    52 Wk Avg$4.87$5.75-15.30%
    52 Wk High$5.24$6.20-13.59%
    52 Wk Low$4.33$5.05-16.75%
    Regular Distribution TypeIncome Only
    Distribution Rate6.92%
    Distribution Amount$0.0300
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income with capital appreciation through investment in income producing common equity, preferred and convertible securities and non convertible debt securities issued by real estate companies

    Capital Structure

    As of 12/19/2014

    Total Net Assets:$450.328M
    Total Common Assets:$345.327M
    Common Shares Outstanding:55,787,846
    Leverage

    As of 4/30/2014

    Preferred Share Assets: $25.000M
    Type of Preferred: Auction preferred stock
    Total Debt (USD): $80.000M
    Structural Leverage (USD): $105.000M
    Structural Leverage (%): 24.66%
    Effective Leverage (USD): $105.000M
    Effective Leverage (%): 24.66%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2014

      Per Common Share
    Management Fees0.80%
    Other Expenses:0.89%
    Baseline Expense: 1.69%
    Interest Expense:0.40%
    Total: 2.09%

    Fund Management

    Fund Sponsor
    Neuberger Berman Management Inc

    Portfolio Managers
    Brian C. Jones (24 Oct 2008) / Steve Shigekawa (31 Oct 2003)

    Basics
    Category:US Equity-Real Estate (US)
    Ticker:NRO
    NAV Ticker:XNROX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:10/31/2003
    Inception Share Price:$15.00
    Inception NAV:$14.30
    Tender Offer:Yes
    Term:No
    Fiscal Year End:October 31
    Third Party Links & Reports

    Distributions

    As of 12/19/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2014
    $0.0252
    Annualized Distribution Rate on NAV:
    As of 12/19/2014
    5.81%
    Total Return on NAV (12 months):
    As of 12/19/2014
    28.21%
    Avg. UNII Per Share:
    As of 4/30/2014
    $0.0094
    Total % Portfolio Effectively Leveraged:
    As of 12/19/2014
    24.66%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/19/2014

    PeriodAvg Discount
    6 Month-15.54%
    1 Year-15.30%
    3 Year-13.57%
    5 Year-12.27%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/19/2014
    Category: Real Estate (US)

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD27.07%27.21%29.09%30.03%
    2013-0.57%0.52%-1.34%2.45%
    201229.31%26.13%27.33%24.14%
    2011-0.09%5.34%4.98%6.21%
    201040.13%35.96%46.18%30.76%
    2009101.73%63.11%85.56%56.19%
    2008-78.23%-72.88%-69.05%-62.13%
    2007-22.75%-28.97%-25.68%-24.19%
    200648.07%39.21%46.37%33.72%
    20053.10%6.27%4.78%6.39%
    20049.37%25.35%17.04%27.84%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 12/19/2014
    Category: Real Estate (US)

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 10/31/2014
    73
    Annual Portfolio Turnover:
    As of 10/31/2014
    224.00%
    Asset Allocation

    As of 7/31/2014 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2014 reported by Fund Sponsor

    Sector%Portfolio
    General Equity 66.13%
    Debt - Pref Shrs 33.37%
    Debt - Short 0.50%
    Net Current Assets 0.00%
    Top Holdings

    As of 10/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Omega Healthcare Investors, Inc.$15.14M3.40%
    Ventas Inc$14.08M3.16%
    Starwood Property Trust Inc$13.15M2.95%
    Brookfield Property Partners LP$12.58M2.83%
    Northstar Rlty Fin Pfd$11.14M2.50%
    LaSalle Hotel Properties$11.06M2.48%
    Sovran Self Storage, Inc.$11.02M2.48%
    HCP Inc$10.93M2.45%
    Public Storage Pfd$10.34M2.32%
    Cbl & Assoc Pptys Pfd 7.38 30 Mar 2055$10.08M2.26%
    Altisource Residential Corporation$10.04M2.25%
    Country Allocation

    As of 7/31/2014 reported by Fund Sponsor

    Country% Portfolio
    USA 100.00%

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