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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Return-on-Tangible-Equity : -16.03% (As of Oct. 2023)


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What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Return-on-Tangible-Equity?

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. 2023 was $-24.47 Mil. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's average shareholder tangible equity for the quarter that ended in Oct. 2023 was $152.68 Mil. Therefore, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 was -16.03%.

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: 2.64   Max: 38.27
Current: -0.8

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 2.64%.

NRO's Return-on-Tangible-Equity is ranked worse than
73.89% of 1674 companies
in the Asset Management industry
Industry Median: 5.08 vs NRO: -0.80

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

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.

* Premium members only.

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

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.67 -30.85 38.27 -34.23 -0.82

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 17.62 -15.42 -54.33 13.56 -16.03

Competitive Comparison of NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity

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's Return-on-Tangible-Equity Distribution in the 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.



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. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=-1.24/( (161.126+142.118 )/ 2 )
=-1.24/151.622
=-0.82 %

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2023 )  (Q: Apr. 2023 )(Q: Oct. 2023 )
=-24.468/( (163.236+142.118)/ 2 )
=-24.468/152.677
=-16.03 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


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

Thank you for viewing the detailed overview of NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Business Description

Traded in Other Exchanges
N/A
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. The fund invests in sectors, such as apartments, Data Centers, Infrastructure REITs, Manufactured Homes, Office, Regional Malls and others.
Executives
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Faith Colish director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter P Trapp director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Jack L Rivkin director 1200 PROSPECT STREET, SUITE 400, LA JOLLA CA 92037
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6