Neuberger Berman Real Estate Income Fund Announces Monthly Distributions
29 6์ 2007 - 6:45AM
Business Wire
The Board of Directors of Neuberger Berman Real Estate Income Fund
Inc. (the ๏ฟฝFund๏ฟฝ), which trades on the New York Stock Exchange
under ticker symbol NRL, has declared monthly distributions of
$0.115 per share payable on July 31, 2007, August 31, 2007, and
September 28, 2007, to shareholders of record on July 16, 2007,
August 15, 2007 and September 17, 2007, respectively. Under its
level distribution policy, the Fund anticipates that it will make
subsequent regular monthly distributions, subject to market
conditions, of $0.115 per share 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 size, or
that a distribution will consist of only net investment income. The
Fund๏ฟฝs ability to maintain a stable distribution will depend on a
number of factors, including the stability of income received from
its investments, availability of capital gains, distributions paid
on preferred shares and the level of Fund expenses, including
significant estimated legal costs associated with the hostile
tender offer initiated in 2004 by entities affiliated with Stewart
R. Horejsi. Due to an effort to maintain a stable distribution
amount, the distributions announced today, as well as future
distributions, may consist of net investment income, 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 would disclose, among other things, estimated
portions of the distribution, if any, consisting of net investment
income, capital gains and return of capital. Neuberger Berman
Management Inc., the Fund๏ฟฝs investment manager, is a subsidiary of
Neuberger Berman Inc., an investment advisory company serving
individuals, families, and taxable and non-taxable institutions
with a broad range of investment products, services and strategies.
A Lehman Brothers company, Neuberger Berman engages in wealth
management services including private asset management, tax and
financial planning, and personal and institutional trust services;
mutual funds, institutional management and alternative investments;
and professional securities services. For further information about
Neuberger Berman please visit www.nb.com. Lehman Brothers (ticker
symbol: LEH), an innovator in global finance, serves the financial
needs of corporations, governments and municipalities,
institutional clients and high-net-worth individuals worldwide.
Founded in 1850, Lehman Brothers maintains leadership positions in
equity and fixed income sales, trading and research, investment
banking, private investment management, asset management and
private equity. The Firm is headquartered in New York, with
regional headquarters in London and Tokyo, and operates in a
network of offices around the world. For further information about
Lehman Brothers๏ฟฝ services, products and recruitment opportunities,
visit the Firm's Web site at www.lehman.com. Statements made in
this release that look forward in time involve risks and
uncertainties and are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such risks
and uncertainties include, without limitation, the adverse effect
from a decline in the securities markets or a decline in the Fund๏ฟฝs
performance, a general downturn in the economy, competition from
other closed-end investment companies, changes in government policy
or regulation, inability of the Fund๏ฟฝs 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.
Neuberger BM RE (NYSE:NRL)
๊ณผ๊ฑฐ ๋ฐ์ดํฐ ์ฃผ์ ์ฐจํธ
๋ถํฐ 9์(9) 2024 ์ผ๋ก 10์(10) 2024
Neuberger BM RE (NYSE:NRL)
๊ณผ๊ฑฐ ๋ฐ์ดํฐ ์ฃผ์ ์ฐจํธ
๋ถํฐ 10์(10) 2023 ์ผ๋ก 10์(10) 2024