- PR Newswire•6 days ago
In accordance with the terms of the offer, since the tender offer was oversubscribed, the Fund will purchase 15% of its outstanding shares of common stock on a pro-rata basis, after taking into account "odd lots" and with appropriate adjustment to avoid purchase of fractional shares of common stock, based on the number of shares properly tendered (the "Pro-Ration Factor"). The final results of the tender offer are provided in the table below.
- PR Newswire•9 days agoNeuberger Berman Real Estate Securities Income Fund Announces Preliminary Results Of Its Tender Offer
Based on preliminary information, 22,553,340.1997 shares of common stock were tendered, including 894,089 shares that were tendered through notice of guaranteed delivery. The Fund currently expects that it will announce the final results of the tender offer after the expiration of the period for delivering shares tendered by guaranteed delivery. Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions and advisors worldwide. With offices in 19 countries, Neuberger Berman's team is more than 1,900 professionals and the company was named by Pensions & Investments as a Best Place to Work in Money Management for four consecutive years. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $255 billion in client assets as of September 30, 2016. For more information, please visit our website at www.nb.com.
- PR Newswire•15 days ago
NEW YORK, Jan. 5, 2017 /PRNewswire/ -- Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce the final close of NB Secondary Opportunities Fund IV LP ("SOF ...
NRO : Summary for Neuberger Berman Real Estate Se - Yahoo Finance
Neuberger Berman Real Estate Securities Income Fund Inc. (NRO)
NYSE MKT - NYSE MKT Delayed Price. Currency in USD
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|Day's Range||5.24 - 5.30|
|52 Week Range||4.14 - 6.00|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||36.28|
|Dividend & Yield||0.48 (9.04%)|
|1y Target Est||N/A|