NRO (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Return-on-Tangible-Equity: 6.10% (As of Oct. 2025) — 182% Above Median


NRO NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
32 GF Score
Price $3.04
! 2 Warning Signs
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What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Return-on-Tangible-Equity?

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND NRO +0.66% 32 Return-on-Tangible-Equity is 6.10% as of Oct. 2025, which is 182% above its 10-year median of 2.16. GuruFocus rates NRO with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,588 Asset Management companies, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks worse than 81.86% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized net income for the quarter that ended in Oct. 2025 was $12.76 Mil. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's average shareholder tangible equity for the quarter that ended in Oct. 2025 was $209.18 Mil. Therefore, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2025 was 6.10%.

The historical rank and industry rank for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity or its related term are showing as below:

NRO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.23   Med: 2.16   Max: 38.27
Current: -3.1

During the past 13 years, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's highest Return-on-Tangible-Equity was 38.27%. The lowest was -34.23%. And the median was 2.16%.

NRO's Return-on-Tangible-Equity is ranked worse than
81.86% of 1588 companies
in the Asset Management industry
Industry Median: 7.165 vs NRO: -3.10

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND  (AMEX:NRO) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Return-on-Tangible-Equity Related Terms


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Return-on-Tangible-Equity Chart

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.27 -34.23 -0.82 37.13 -3.18

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.03 28.51 46.69 -12.70 6.10

NRO vs TPVG, NHS, OPP: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity falls into.


NRO
32GF Score
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Return-on-Tangible-Equity Calculation

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=-6.23/( (185.318+206.376 )/ 2 )
=-6.23/195.847
=-3.18 %

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=12.758/( (211.987+206.376)/ 2 )
=12.758/209.1815
=6.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Oct. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.10% mean?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO) has a Return-on-Tangible-Equity of 6.10% as of Oct. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND and its competitors. This is 182% above median its historical median of 2.16. According to the industry distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #1300 out of 1588 companies in the Asset Management industry, placing it in the top 81.9%.
Is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity too high?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Return-on-Tangible-Equity of 6.10% is 182% above median its 10-year median of 2.16. The Asset Management industry median Return-on-Tangible-Equity is 7.17. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's value of 6.10% is 14.9% below this industry median. Based on the distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #1300 out of 1588 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity compare to TPVG and NHS?
According to the Asset Management industry distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #1300 out of 1588 companies for Return-on-Tangible-Equity. This places NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.17. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's value of 6.10% is 14.9% below this benchmark. While the company's 10-year median is 2.16 vs. the industry median of 7.17, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.17, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Return-on-Tangible-Equity of 6.10% is 14.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Return-on-Tangible-Equity is 6.10%, which is 182% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND stock overvalued right now?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO) has a current Return-on-Tangible-Equity of 6.10%. The current Return-on-Tangible-Equity is 6.10%, which is 182% above median its 10-year median of 2.16 and 14.9% below the Asset Management industry median of 7.17. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO), the current Return-on-Tangible-Equity is 6.10% as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. Under normal market conditions, the Fund invests at least 90% of its total assets in income-producing common equity securities, preferred securities, convertible securities and non-convertible debt securities issued by real estate companies, including real estate investment trusts ("REITs").
32GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.04
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