Neuberger Berman Real Estate Securities Income Fund Announces Monthly Distribution
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NEW YORK, April 30, 2021 /PRNewswire/ Neuberger Berman 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 May 28, 2021, has a record date of May 17, 2021 and has an ex-date of May 14, 2021.
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 t
Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution
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NEW YORK,, April 30, 2021 /PRNewswire/ Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American: NML) (the Fund ) has announced a distribution declaration of $0.0148 per share of common stock. The distribution announced today is payable on May 28, 2021, has a record date of May 17, 2021 and has an ex-date of May 14, 2021.
Due to changes that may continue to occur in the master limited partnership ( MLP ) and energy markets, as well as the impact that these changes may have on closed-end funds that invest in MLPs, the Fund will continue to evaluate the stability and appropriateness of its distribution rate in the months ahead. The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund s investments as we
Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution
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NEW YORK, April 30, 2021 /PRNewswire/ Neuberger Berman High Yield Strategies Fund Inc. (
NYSE American: NHS) (the Fund ) has announced a distribution declaration of $0.0905 per share of common stock. The distribution announced today is payable on May 28, 2021, has a record date of May 17, 2021 and has an ex-date of May 14, 2021.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0905 per share of common stock, unless further action is taken to determine another amount. The Fund s ability to maintain its current distribution will depend on a number of factors, including the stability of income received from its investments, the cost of leverage and the level of other Fund expenses. There is no assurance that the Fund will always be able to pay a distribution of any particula
Non-investment grade credit had a mixed month with lower quality outperforming the higher quality segments of the markets. Overall, the senior floating rate loan market was flat on the month with private debt and global high yield seeing better returns. CLO debt had a strong start to the year with a meaningful rally in January, but the balance of the quarter was roughly flat, as gains in February were offset by modest weakness in the CLO market in March, largely driven by the record primary market activity that accelerated mid-quarter. The yield curve continued to steepen in March as the 10Y U.S. Treasury yield rose further in the month to a new 12-month high of 1.74%, which put pressure on longer duration, lower yielding fixed income. Improving issuer fundamentals, positive retail inflows in loans, record CLO originations along with better-than-expected macroeconomic data and rising inflation expectations fuelled investor interest in non-investment g
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NEW YORK, April 15, 2021 /PRNewswire/ The Board of each of Neuberger Berman Municipal Fund Inc. (NYSE American: NBH), Neuberger Berman California Municipal Fund Inc. (NYSE American: NBW), and Neuberger Berman New York Municipal Fund Inc. (NYSE American: NBO) has declared monthly distributions for the dates below. The Funds seek to provide income that is exempt from regular federal income tax. Additionally, Neuberger Berman California Municipal Fund Inc. seeks to provide income that is exempt from California personal income tax and Neuberger Berman New York Municipal Fund Inc. seeks to provide income that is exempt from New York State and New York City personal income tax. Distributions of the Funds may be subject to the federal alternative minimum tax for some stockholders. Each Fund s distribution announced today is payable on May 17, 2021, has a record date of April 30, 2021 and an ex-date of April 29, 2021.