NEUBERGER BERMAN INCOME FUNDS - NEUBERGER REAL ESTATE SECURITIES INCOME FUND INC.

Income Statement Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc.

Stocks

NRO

US64190A1034

Closed End Funds

Market Closed - NYSE 16:00:00 2026-10-02 EDT			5-day change	1st Jan Change
2.570 ^USD	-0.39%		-2.65%	-15.46%

09-30	Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. Announces Monthly Distribution, Payable on October 30, 2026	CI
08-31	Neuberger Real Estate Securities Income Fund Inc Announces Monthly Distribution, Payable on September 30, 2026	CI

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Published financial data: NEUBERGER BERMAN INCOME FUNDS - NEUBERGER REAL ESTATE SECURITIES INCOME FUND INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: October	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	-330	-2.19K	-6.87K	-3.4K	-9.15K
Interest And Invest. Income (Rev)	9.8M	8.72M	10M	10.37M	11.84M
Total Revenues	9.8M	8.72M	9.99M	10.37M	11.83M
Gross Profit	9.8M	8.72M	9.99M	10.37M	11.83M
Selling General & Admin Expenses, Total	2.74M	2.83M	2.27M	2.23M	2.95M
Other Operating Expenses, Total	2.74M	2.83M	2.27M	2.23M	2.95M
Operating Income	7.06M	5.89M	7.72M	8.13M	8.87M
Interest Expense, Total	-1.11M	-1.67M	-2.59M	-2.33M	-3.32M
Net Interest Expenses	-1.11M	-1.67M	-2.59M	-2.33M	-3.32M
EBT, Excl. Unusual Items	5.95M	4.23M	5.14M	5.81M	5.55M
Gain (Loss) On Sale Of Investments	77.02M	-74.42M	-6.37M	54.97M	-11.78M
EBT, Incl. Unusual Items	82.97M	-70.19M	-1.24M	60.78M	-6.23M
Earnings From Continuing Operations	82.97M	-70.19M	-1.24M	60.78M	-6.23M
Net Income to Company	82.97M	-70.19M	-1.24M	60.78M	-6.23M
Net Income - (IS)	82.97M	-70.19M	-1.24M	60.78M	-6.23M
Net Income to Common Incl Extra Items	82.97M	-70.19M	-1.24M	60.78M	-6.23M
Net Income to Common Excl. Extra Items	82.97M	-70.19M	-1.24M	60.78M	-6.23M
Per Share Items
Net EPS - Basic	1.75	-1.48	-0.03	1.28	-0.1
Basic EPS - Continuing Operations	1.75	-1.48	-0.03	1.28	-0.1
Basic Weighted Average Shares Outstanding	47.44M	47.46M	47.46M	47.51M	63.36M
Net EPS - Diluted	1.75	-1.48	-0.03	1.28	-0.1
Diluted EPS - Continuing Operations	1.75	-1.48	-0.03	1.28	-0.1
Diluted Weighted Average Shares Outstanding	47.44M	47.46M	47.46M	47.51M	63.36M
Normalized Basic EPS	0.08	0.06	0.07	0.08	0.05
Normalized Diluted EPS	0.08	0.06	0.07	0.08	0.05
Dividend Per Share	0.39	0.37	0.37	0.37	0.37
Payout Ratio	22.29	-25.22	-1.43K	28.92	-347.98
Supplemental Items
EBITA	7.06M	5.89M	7.72M	8.13M	8.87M
EBIT	7.06M	5.89M	7.72M	8.13M	8.87M
Total Revenues (As Reported)	9.8M	8.72M	9.99M	10.37M	11.83M
Normalized Net Income	3.72M	2.64M	3.21M	3.63M	3.47M
Interest on Long-Term Debt	1.11M	1.67M	2.59M	2.33M	3.32M
Supplemental Operating Expense Items
General and Administrative Expenses	2.74M	2.82M	2.26M	2.23M	2.95M

Fiscal Period: October	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	-	-	-	117K	-
Total Cash And Short Term Investments	-	-	-	117K	-
Accounts Receivable, Total	256K	445K	249K	71.2K	120K
Total Receivables	256K	445K	249K	71.2K	120K
Prepaid Expenses	5.42K	5.67K	3.36K	3.81K	5.33K
Other Current Assets, Total	-	-	350K	350K	230K
Total Current Assets	261K	451K	603K	542K	355K
Long-term Investments	319M	221M	192M	236M	277M
Deferred Charges Long-Term	-	-	-	-	-
Total Assets	320M	222M	193M	236M	277M
Liabilities
Accounts Payable, Total	-	-	-	183K	-
Accrued Expenses, Total	443K	409K	409K	477K	514K
Current Portion of Long-Term Debt	-	-	-	-	-
Other Current Liabilities	60.62K	62.31K	59.98K	63.78K	65.98K
Total Current Liabilities	503K	472K	469K	723K	580K
Long-Term Debt	70M	60M	50M	50M	70M
Other Non Current Liabilities	13.89K	13.25K	3.37K	4.22K	3.55K
Total Liabilities	70.52M	60.49M	50.47M	50.73M	70.58M
Common Stock, Total	226M	212M	199M	188M	221M
Retained Earnings	23.37M	-50.95M	-57.34M	-2.32M	-14.58M
Total Common Equity	249M	161M	142M	185M	206M
Total Equity	249M	161M	142M	185M	206M
Total Liabilities And Equity	320M	222M	193M	236M	277M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	47.44M	47.46M	47.46M	47.51M	63.36M
ECS Total Common Shares Outstanding	47.44M	47.46M	47.46M	47.51M	63.36M
Book Value / Share	5.25	3.4	2.99	3.9	3.26
Tangible Book Value	249M	161M	142M	185M	206M
Tangible Book Value Per Share	5.25	3.4	2.99	3.9	3.26
Total Debt	70M	60M	50M	50M	70M
Net Debt	70M	60M	50M	49.88M	70M
Account Code - Inventory Valuation	3	-	3	3	3

Fiscal Period: October	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	82.97M	-70.19M	-1.24M	60.78M	-6.23M
(Gain) Loss on Sale of Investments - (CF)	-77.02M	74.42M	6.37M	-54.97M	11.78M
Change in Trading Asset Securities	651K	-941K	927K	-315K	646K
Change In Accounts Receivable	-1.77K	-190K	196K	178K	-48.62K
Change In Accounts Payable	-	-	-	183K	-183K
Change in Other Net Operating Assets	-13.11M	24.6M	21.51M	11.84M	-53.37M
Cash from Operations	-6.51M	27.7M	27.77M	17.69M	-47.41M
Long-Term Debt Issued, Total	25M	-	-	30M	20M
Total Debt Issued	25M	-	-	30M	20M
Long-Term Debt Repaid, Total	-	-10M	-10M	-30M	-
Total Debt Repaid	-	-10M	-10M	-30M	-
Issuance of Common Stock	-	-	-	-	48.97M
Repurchase of Common Stock	-	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-18.49M	-17.7M	-17.77M	-17.58M	-21.68M
Common & Preferred Stock Dividends Paid	-18.49M	-17.7M	-17.77M	-17.58M	-21.68M
Cash from Financing	6.51M	-27.7M	-27.77M	-17.58M	47.29M
Net Change in Cash	-	-	-	117K	-117K
Supplemental Items
Cash Interest Paid	1.1M	1.66M	2.54M	2.29M	3.33M
Levered Free Cash Flow	3.79M	2.42M	3.05M	4.06M	3.4M
Unlevered Free Cash Flow	4.49M	3.46M	4.67M	5.52M	5.47M
Change In Net Working Capital	-75.66K	221K	155K	-432K	73.71K
Net Debt Issued / Repaid	25M	-10M	-10M	0	20M

Fiscal Period: October	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	1.61	1.36	2.33	2.37	2.16
Return on Total Capital	1.61	1.36	2.34	2.38	2.17
Return On Equity %	38.27	-34.23	-0.82	37.13	-3.18
Return on Common Equity	38.27	-34.23	-0.82	37.13	-3.18
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	28	32.4	22.73	21.54	24.98
EBITA Margin %	72	67.6	77.27	78.46	75.02
EBIT Margin %	72	67.6	77.27	78.46	75.02
Income From Continuing Operations Margin %	846.53	-804.92	-12.41	586.25	-52.68
Net Income Margin %	846.53	-804.92	-12.41	586.25	-52.68
Net Avail. For Common Margin %	846.53	-804.92	-12.41	586.25	-52.68
Normalized Net Income Margin	37.94	30.31	32.12	35	29.34
Levered Free Cash Flow Margin	38.72	27.77	30.57	39.17	28.72
Unlevered Free Cash Flow Margin	45.77	39.71	46.75	53.21	46.26
Asset Turnover
Asset Turnover	0.04	0.03	0.05	0.05	0.05
Receivables Turnover (Average Receivables)	-0	-0.01	-0.02	-0.02	-0.1
Short Term Liquidity
Current Ratio	0.52	0.96	1.29	0.75	0.61
Quick Ratio	0.51	0.94	0.53	0.26	0.21
Operating Cash Flow to Current Liabilities	-12.93	58.72	59.24	24.46	-81.77
Days Sales Outstanding (Average Receivables)	-282K	-58.54K	-18.45K	-17.25K	-3.81K
Long Term Solvency
Total Debt/Equity	28.11	37.24	35.18	26.98	33.92
Total Debt / Total Capital	21.94	27.13	26.03	21.25	25.33
LT Debt/Equity	28.11	37.24	35.18	26.98	33.92
Long-Term Debt / Total Capital	21.94	27.13	26.03	21.25	25.33
Total Liabilities / Total Assets	22.07	27.29	26.21	21.49	25.48
EBIT / Interest Expense	6.38	3.54	2.99	3.49	2.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.28	-11.02	14.57	3.77	14.08
Gross Profit, 1 Yr. Growth %	-0.28	-11.02	14.57	3.77	14.08
EBITA, 1 Yr. Growth %	-1.38	-16.46	30.97	5.36	9.08
EBIT, 1 Yr. Growth %	-1.38	-16.46	30.97	5.36	9.08
Earnings From Cont. Operations, 1 Yr. Growth %	-216.09	-184.61	-98.23	-5K	-110.25
Net Income, 1 Yr. Growth %	-216.09	-184.61	-98.23	-5K	-110.25
Normalized Net Income, 1 Yr. Growth %	15.02	-28.92	21.42	13.07	-4.36
Diluted EPS Before Extra, 1 Yr. Growth %	-216.03	-184.58	-98.23	-5K	-107.68
Accounts Receivable, 1 Yr. Growth %	0.7	74.12	-44	-71.45	68.29
Total Assets, 1 Yr. Growth %	38.94	-30.65	-13.1	22.56	17.33
Tangible Book Value, 1 Yr. Growth %	34.95	-35.3	-11.8	30.4	11.36
Common Equity, 1 Yr. Growth %	34.95	-35.3	-11.8	30.4	11.36
Cash From Operations, 1 Yr. Growth %	-108.37	-525.71	0.25	-36.28	-367.93
Levered Free Cash Flow, 1 Yr. Growth %	355.36	-36.17	26.13	32.95	-16.36
Unlevered Free Cash Flow, 1 Yr. Growth %	116.47	-22.81	34.87	18.11	-0.81
Dividend Per Share, 1 Yr. Growth %	-18.33	-4.49	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-25.46	-5.8	0.97	9.04	8.8
Gross Profit, 2 Yr. CAGR %	-25.46	-5.8	0.97	9.04	8.8
EBITA, 2 Yr. CAGR %	-29.36	-9.24	4.6	17.47	7.2
EBIT, 2 Yr. CAGR %	-29.36	-9.24	4.6	17.47	7.2
Earnings From Cont. Operations, 2 Yr. CAGR %	16.23	-0.9	-87.78	-6.95	124.19
Net Income, 2 Yr. CAGR %	16.23	-0.9	-87.78	-6.95	124.19
Normalized Net Income, 2 Yr. CAGR %	-24.97	-9.58	-7.1	17.17	3.99
Diluted EPS Before Extra, 2 Yr. CAGR %	16.2	-0.93	-87.78	-7	94.02
Accounts Receivable, 2 Yr. CAGR %	-4.45	32.41	-1.26	-60.02	-30.69
Total Assets, 2 Yr. CAGR %	-8.49	-1.84	-22.37	3.21	19.92
Tangible Book Value, 2 Yr. CAGR %	-5.48	-6.56	-24.46	7.24	20.5
Common Equity, 2 Yr. CAGR %	-5.48	-6.56	-24.46	7.24	20.5
Cash From Operations, 2 Yr. CAGR %	-46.32	-40.32	106.58	-20.08	30.66
Levered Free Cash Flow, 2 Yr. CAGR %	-34.44	70.48	-10.28	29.5	5.45
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.31	29.27	2.04	26.21	8.24
Dividend Per Share, 2 Yr. CAGR %	-9.63	-11.68	-2.27	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-12.4	-20.93	0.55	1.89	10.69
Gross Profit, 3 Yr. CAGR %	-12.4	-20.93	0.55	1.89	10.69
EBITA, 3 Yr. CAGR %	-13.93	-25.3	2.56	4.85	14.6
EBIT, 3 Yr. CAGR %	-13.93	-25.3	2.56	4.85	14.6
Earnings From Cont. Operations, 3 Yr. CAGR %	108.01	4.56	-74.11	-9.85	-55.39
Net Income, 3 Yr. CAGR %	108.01	4.56	-74.11	-9.85	-55.39
Normalized Net Income, 3 Yr. CAGR %	-6.42	-26.31	-0.25	-0.81	9.5
Diluted EPS Before Extra, 3 Yr. CAGR %	107.98	4.53	-74.12	-9.89	-59.49
Accounts Receivable, 3 Yr. CAGR %	-3.07	16.71	-0.61	-34.71	-35.44
Total Assets, 3 Yr. CAGR %	-2.12	-16.57	-5.74	-9.6	7.71
Tangible Book Value, 3 Yr. CAGR %	1.22	-16.7	-8.34	-9.38	8.6
Common Equity, 3 Yr. CAGR %	1.22	-16.7	-8.34	-9.38	8.6
Cash From Operations, 3 Yr. CAGR %	-49.11	7.04	-29.06	39.58	19.61
Levered Free Cash Flow, 3 Yr. CAGR %	8.14	-35.02	54.19	2.29	11.94
Unlevered Free Cash Flow, 3 Yr. CAGR %	-5.88	-32.1	31.11	7.14	16.47
Dividend Per Share, 3 Yr. CAGR %	-10.13	-7.95	-7.95	-1.52	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-14.99	-16.88	-7.28	-10.09	3.77
Gross Profit, 5 Yr. CAGR %	-14.99	-16.88	-7.28	-10.09	3.77
EBITA, 5 Yr. CAGR %	-16.7	-19.93	-6.95	-10.47	4.4
EBIT, 5 Yr. CAGR %	-16.7	-19.93	-6.95	-10.47	4.4
Earnings From Cont. Operations, 5 Yr. CAGR %	19.88	35.14	-33.05	-0.21	-38.61
Net Income, 5 Yr. CAGR %	19.88	35.14	-33.05	-0.21	-38.61
Normalized Net Income, 5 Yr. CAGR %	-14.83	-20.97	-6.69	-11.29	1.43
Diluted EPS Before Extra, 5 Yr. CAGR %	23.83	35.12	-33.06	-0.24	-42.07
Accounts Receivable, 5 Yr. CAGR %	-12.48	4	-2.35	-23.97	-13.95
Total Assets, 5 Yr. CAGR %	-6.97	-11.23	-10.78	-9.16	3.79
Tangible Book Value, 5 Yr. CAGR %	-5.62	-10.14	-9.96	-7.84	2.26
Common Equity, 5 Yr. CAGR %	-5.62	-10.14	-9.96	-7.84	2.26
Cash From Operations, 5 Yr. CAGR %	-21.43	-17.98	-10.87	-4.76	-9.43
Levered Free Cash Flow, 5 Yr. CAGR %	-14.34	-24.79	0.36	-14.38	32.45
Unlevered Free Cash Flow, 5 Yr. CAGR %	-16.3	-22.87	-2.79	-12.99	21.43
Dividend Per Share, 5 Yr. CAGR %	0.1	-5.81	-7.06	-4.85	-4.85