UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-
6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to {section}240.14a-12
NEUBERGER BERMAN REALTY INCOME FUND INC.
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(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
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pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
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Neuberger Berman Management Inc. [LOGO] NEUBERGER BERMAN
605 Third Avenue A LEHMAN BROTHERS COMPANY
New York, NY 10158-3698
Tel 212.476.9000
NEUBERGER BERMAN REALTY INCOME FUND INC.
ADJOURNED MEETING NOTICE: SPECIAL MEETING OF STOCKHOLDERS
The Special Meeting of Stockholders of Neuberger Berman Realty Income Fund Inc.
(NRI) (NYSE: NRI) scheduled for Wednesday, February 7, 2008 at 9:00 a.m.
(Eastern time) to vote on a proposal to merge NRI with Neuberger Berman Real
Estate Securities Income Fund Inc. (NRO) (AMEX: NRO) has been adjourned to this
afternoon at 3:00 p.m. (Eastern time) to provide stockholders with additional
time to vote.
THE BOARD OF DIRECTORS OF YOUR FUND RECOMMENDS THAT YOU VOTE FOR APPROVAL OF THE
MERGER. AMONG THE BENEFITS THE BOARD BELIEVES STOCKHOLDERS WILL DERIVE FROM THE
MERGER ARE:
- ENHANCED LIQUIDITY DUE TO THE INCREASED SIZE OF THE COMBINED FUND;
- POTENTIAL FOR PORTFOLIO MANAGEMENT EFFICIENCIES DUE TO THE COMBINED
FUND'S GREATER ASSET SIZE, WHICH MAY ALLOW IT TO OBTAIN BETTER NET
PRICES ON SECURITIES TRADES AND ACHIEVE GREATER DIVERSIFICATION
OF PORTFOLIO HOLDINGS; AND
- POTENTIAL FOR GREATER ATTENTION BY SECURITIES ANALYSTS AS THE COMBINED
FUND WOULD BE ONE OF THE LARGEST DOMESTIC REAL ESTATE RELATED CLOSED-
END FUNDS.
Although there can be no assurances, the Board believes that the positive
effects of the merger could be reflected in a narrowing of the discount from net
asset value at which the combined fund's common stock trades.
REMEMBER: YOUR VOTE IS IMPORTANT, NO MATTER HOW LARGE OR SMALL YOUR HOLDINGS
MAY BE.
INTERNET AND TELEPHONE VOTING
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Holders in many banks and brokerage firms will be able to vote by internet or by
toll-free telephone. Instructions for internet and telephone voting in most
cases will be included on the white voting form provided by your broker or bank.
We urge you to take advantage of the opportunity to vote by following the
instructions on the white voting form.
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|If you have questions or need assistance in voting your shares, please call:|
| |
| Georgeson |
| |
| 17 State Street, 10[th] Floor |
| New York, NY 10004 |
|(866) 577-4995 (Toll Free) |
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Voting promptly will help reduce your Fund's solicitation costs and will
eliminate your receiving follow-up phone calls or mailings. GEORGESON INC. HAS
BEEN RETAINED BY THE FUND TO MAKE FOLLOW-UP PHONE CALLS TO HELP SECURE THE
REMAINING VOTES NEEDED FOR THE MEETING. Your vote can be cast quickly and
easily by signing, dating and mailing the proxy card previously provided to you.
You may also be able to vote by telephone or Internet by following instructions
on your proxy card.