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Fitch Affirms Neuberger Berman Real Estate Securities Income Fund Preferred Stock at 'AA'

Sep 24, 2013
Click here to access Fitch Affirms Neuberger Berman Real Estate Securities Income Fund Preferred Stock at 'AA'

Fitch Ratings-New York-24 September 2013: Fitch Ratings has affirmed the 'AA' rating assigned to the mandatory redeemable preferred stock (MRPS) issued by Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE: NRO), a non-diversified, closed-end fund advised by Neuberger Berman Management LLC (Advisor): --$25,000,000 4.00% series A MRPS, due Sept.

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Fitch Ratings

Dual-headquartered in New York and London, Fitch Ratings is a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research, and data. Offering a world of knowledge and experience behind every opinion, we transform information to deliver meaning and utility to investors, issuers, and other market participants. Fitch Ratings’ global expertise draws on local market knowledge and spans the fixed-income universe. The additional context, perspective and insights we provide help investors make important credit judgments with confidence.

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