As filed with the Securities and Exchange Commission on March 28, 2012

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF

REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-21421

NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC.

(Exact Name of the Registrant as Specified in Charter)

c/o Neuberger Berman Management LLC

605 Third Avenue, 2nd Floor

New York, New York 10158-0180

(Address of Principal Executive Offices – Zip Code)

Registrant's telephone number, including area code: (212) 476-8800

Robert Conti, Chief Executive Officer and President

Neuberger Berman Real Estate Securities Income Fund Inc.

c/o Neuberger Berman Management LLC

605 Third Avenue, 2nd Floor

New York, New York 10158-0180

Arthur C. Delibert, Esq.

K&L Gates LLP

1601 K Street, N.W.

Washington, D.C. 20006-1600

(Names and addresses of agents for service)

Date of fiscal year end: October 31, 2011

Date of reporting period: January 31, 2012

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of their first and third fiscal quarters, pursuant to Rule 30b1-5 under the Investment Company Act of 1940 (“1940 Act”) (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 Item 1.  Schedule of Investments.

JANUARY 31, 2012

Schedule of Investments Real Estate Securities Income Fund Inc.

(Unaudited)

Number of Shares			VALUE($)†
Common Stocks (88.4%)
Apartments (8.1%)
56,900		AvalonBay Communities	7,738,969
43,200		Essex Property Trust	6,220,800
117,501		Mid-America Apartment Communities	7,510,664
			21,470,433
Commercial Financing (6.6%)
409,423		Apollo Commercial Real Estate Finance	6,026,707
583,100		Starwood Property Trust	11,487,070
			17,513,777
Diversified (7.2%)
40,000		American Assets Trust	885,600
164,586		Digital Realty Trust	11,662,564
146,865		Entertainment Properties Trust	6,531,086
			19,079,250
Health Care (16.1%)
169,000		HCP, Inc.	7,103,070
121,450		Health Care REIT	6,948,155
100,000		LTC Properties	3,195,000
359,700		OMEGA Healthcare Investors	7,496,148
309,552		Ventas, Inc.	18,049,977
			42,792,350
Home Financing (2.4%)
376,500		Annaly Capital Management	6,340,260
Industrial (5.0%)
135,522		EastGroup Properties	6,437,295
212,586		ProLogis, Inc.	6,741,102
			13,178,397
Lodging (1.0%)
152,200		RLJ Lodging Trust	2,715,248
Mixed (2.2%)
174,400		Liberty Property Trust	5,805,776
Office (8.4%)
46,000		Boston Properties	4,786,300
233,400		Corporate Office Properties Trust	5,655,282
133,180		Highwoods Properties	4,406,926
115,300		Hudson Pacific Properties	1,772,161
309,800		Piedmont Office Realty Trust	5,737,496
			22,358,165
Real Estate Management & Development (3.6%)
553,100		Brookfield Office Properties	9,574,161
Regional Malls (10.5%)
401,900		CBL & Associates Properties	6,981,003
227,078		Macerich Co.	12,330,336
33,261		Simon Property Group	4,518,839
431,200		Westfield Group	3,891,160
			27,721,338
Self Storage (3.8%)
218,265		Sovran Self Storage	10,153,688
Shopping Centers (11.2%)
171,100		Equity One	3,225,235
42,300		Federal Realty Investment Trust	3,995,658
332,400		Kimco Realty	6,066,300
95,000		Regency Centers	3,925,400
232,270		Tanger Factory Outlet Centers	6,851,965
287,193		Urstadt Biddle Properties	5,617,495
			29,682,053
Timber (2.3%)
135,500		Rayonier Inc.	6,196,415
Total Common Stocks (Cost $182,902,833)			234,581,311
Preferred Stocks (48.3%)
Apartments (1.9%)
108,100		Apartment Investment & Management, Ser. T	2,761,955
87,689		Apartment Investment & Management, Ser. U	2,227,301
			4,989,256
Commercial Financing (7.2%)
131,915		iStar Financial, Ser. E	2,432,512
185,000		iStar Financial, Ser. G	3,359,600
185,000		iStar Financial, Ser. I	3,283,750
444,484		NorthStar Realty Finance, Ser. B	9,983,111
			19,058,973
Diversified (4.8%)
160,600		Cousins Properties, Ser. B	3,905,792
302,000		DuPont Fabros Technology,     Ser. A	7,722,140
42,500		Lexington Realty Trust, Ser. B	1,059,950
			12,687,882
Health Care (1.3%)
129,603		Health Care REIT, Ser. D	3,339,869
Lodging (11.6%)
370,000		Ashford Hospitality Trust, Ser. D	9,061,300
235,800		Eagle Hospitality Properties, Ser. A	589,500	*
179,900		Hersha Hospitality Trust, Ser. A	4,463,319
81,700		Hospitality Properties Trust,      Ser. B	2,054,755
97,050		Lasalle Hotel Properties, Ser. G	2,401,987
250,000		Pebblebrook Hotel Trust, Ser. A	6,190,000
50,265		Sunstone Hotel Investors, Ser. A	1,231,493
200,000		Sunstone Hotel Investors, Ser. D	4,840,000
			30,832,354
Manufactured Homes (1.5%)
150,000		Equity Lifestyle Properties, Ser. A	3,918,000
Office (6.3%)
6,000		Highwoods Properties, Ser. A	6,510,000
347,930		Parkway Properties, Ser. D	8,454,699
73,200		SL Green Realty, Ser. D	1,865,868
	16,830,567
Regional Malls (11.9%)
398,015		CBL & Associates Properties, Ser.D	9,938,435
85,433		Glimcher Realty Trust, Ser. F	2,140,951
517,075		Glimcher Realty Trust, Ser. G	12,383,946
117,800		Taubman Centers, Ser. G	3,006,256
158,091		Taubman Centers, Ser. H	4,018,673
			31,488,261
Shopping Centers (1.8%)
120,000		Cedar Realty Trust, Ser. A	3,001,200
73,900		DDR Corp., Ser I	1,844,544
			4,845,744
Total Preferred Stocks (Cost $131,792,856)			127,990,906
Short-Term Investments (1.5%)
3,984,050		State Street Institutional Liquid Reserves Fund Institutional Class (Cost $3,984,050)	3,984,050
Total Investments (138.2%) (Cost $318,679,739)			366,556,267	##
Liabilities, less cash, receivables and other assets [(37.6%)]			(99,862,347	)ØØ@@
Liquidation Value of Auction Market Preferred Shares [(0.6%)]			(1,425,000	)
Total Net Assets Applicable to Common Shareholders (100.0%)			$265,268,920

See Notes to Schedule of Investments

January 31, 2012 (Unaudited)

Notes to Schedule of Investments

†	In accordance with Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements and Disclosures” (“ASC 820”), all investments held by Neuberger Berman Real Estate Securities Income Fund Inc. (the “Fund”) are carried at the value that Neuberger Berman Management LLC (“Management”) believes the Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment under current market conditions. Various inputs, including the volume and level of activity for the asset or liability in the market, are considered in valuing the Fund’s investments, some of which are discussed below. Significant management judgment may be necessary to value investments in accordance with ASC 820.
	ASC 820 established a three-tier hierarchy of inputs to create a classification of value measurements for disclosure purposes. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.
	■	Level 1 – quoted prices in active markets for identical investments
	■	Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)
	■	Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
	The inputs or methodology used for valuing an investment are not necessarily an indication of the risk associated with investing in those securities.
	The value of the Fund’s investments in equity securities, for which market quotations are readily available, is generally determined by Management by obtaining valuations from an independent pricing service based on the latest sale price quoted on a principal exchange or market for that security (Level 1 inputs). Securities traded primarily on the NASDAQ Stock Market are normally valued by the Fund at the NASDAQ Official Closing Price (“NOCP”) provided by NASDAQ each business day. The NOCP is the most recently reported price as of 4:00:02 p.m., Eastern time, unless that price is outside the range of the “inside” bid and asked prices (i.e., the bid and asked prices that dealers quote to each other when trading for their own accounts); in that case, NASDAQ will adjust the price to equal the inside bid or asked price, whichever is closer. Because of delays in reporting trades, the NOCP may not be based on the price of the last trade to occur before the market closes. If there is no reported sale of a security on a particular day, the independent pricing service may value the security based on reported market quotations. The value of the Fund’s investments in interest rate swap contracts is determined by Management by obtaining valuations from independent pricing services which are based on multiple broker quotes (generally Level 2 inputs). The value of the Fund’s investments in certain preferred stock is determined by Management by obtaining valuations from independent pricing services which are based on market information which may include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities, bids, offers, and reference data, such as market research publications, when available (generally Level 2 inputs).
	Management has developed a process to periodically review information provided by independent pricing services for all types of securities.
	Investments in State Street Institutional Liquid Reserves Fund Institutional Class are valued using the fund’s daily calculated net asset value per share (Level 2 inputs).
	If a valuation is not available from an independent pricing service, or if Management has reason to believe that the valuation received does not represent the amount the Fund might reasonably expect to receive on a current sale in an orderly transaction, the Fund seeks to obtain quotations from principal market makers (generally considered Level 3 inputs). If such quotations are not readily available, the security is valued using methods the Fund’s Board of Directors (the “Board”) has approved on the belief that they reflect fair value. Numerous factors may be considered when determining the fair value of a security based on Level 2 or 3 inputs, including available analyst, media or other reports, trading in futures or ADRs and whether the issuer of the security being fair valued has other securities outstanding.
	The value of the Fund’s investments in foreign securities is generally determined using the same valuation methods and inputs as other Fund investments, as discussed above. Foreign security prices expressed in local currency values are translated from the local currency into U.S. dollars using the exchange rate as of 4:00 p.m., Eastern time. The Board has approved the use of Interactive Data Pricing and Reference Data, Inc. (“Interactive”) to assist in determining the fair value of foreign equity securities when changes in the value of a certain index suggest that the closing prices on the foreign exchanges may no longer represent the amount that the Fund could expect to receive for those securities. In this event, Interactive will provide adjusted prices for certain foreign equity securities using a statistical analysis of historical correlations of multiple factors (Level 2 inputs). In the absence of precise information about the market values of these foreign securities as of the close of the New York Stock Exchange, the Board has determined on the basis of available data that prices adjusted in this way are likely to be closer to the prices the Fund could realize on a current sale than are the prices of those securities established at the close of the foreign markets in which the securities primarily trade.

Fair value prices are necessarily estimates, and there is no assurance that such a price will be at or close to the price at which the security is next quoted or next trades.

The following is a summary, categorized by Level, of inputs used to value the Fund’s investments as of January 31, 2012:

Asset Valuation Inputs Investments:		Level 1	Level 2	Level 3	Total
Common Stocks^		$234,581,311	$—	$—	$234,581,311
Preferred Stocks
	Apartments	4,989,256	—	—	4,989,256
	Commercial Financing	19,058,973	—	—	19,058,973
	Diversified	12,687,882	—	—	12,687,882
	Health Care	3,339,869	—	—	3,339,869
	Lodging	30,832,354	—	—	30,832,354
	Manufactured Homes	3,918,000	—	—	3,918,000
	Office	10,320,567	6,510,000	—	16,830,567
	Regional Malls	31,488,261	—	—	31,488,261
	Shopping Centers	4,845,744	—	—	4,845,744
Total Preferred Stocks		121,480,906	6,510,000	—	127,990,906
Short-Term Investments		—	3,984,050	—	3,984,050
Total Investments		$356,062,217	$10,494,050	$—	$366,556,267

^ The Schedule of Investments provides information on the industry categorization for the portfolio.

As of the period ending January 31, 2012, a foreign equity security transferred from Level 2 to Level 1 as a result of the Fund’s procedures to fair value securities at October 31, 2011, as stated in the description of the valuation methods of foreign equity securities above.

Liability Valuation Inputs

The following is a summary, categorized by Level, of inputs used to value the Fund’s derivatives as of January 31, 2012:

	Level 1	Level 2	Level 3	Total
Interest rate swap contracts	$—	$(1,973,277)	$—	$(1,973,277)

##	At January 31, 2012, the cost of investments for U.S. federal income tax purposes was $319,956,403. Gross unrealized appreciation of investments was $56,547,200 and gross unrealized depreciation of investments was $9,947,336, resulting in net unrealized appreciation of $46,599,864 based on cost for U.S. federal income tax purposes.
ØØ	At January 31, 2012, the Fund had deposited $2,350,000 in a segregated account for interest rate swap contracts.
*	Security did not produce income during the last twelve months.
@@	At January 31, 2012, the Fund had an outstanding interest rate swap contract as follows:

			Rate Type
Swap Counterparty	Notional Amount	Termination Date	Fixed-rate Payments Made by the Fund	Variable-rate Payments Received by the Fund(1)	Accrued Net Interest Receivable (Payable)	Unrealized Appreciation (Depreciation)	Total Fair Value
Citibank, N.A.	$75,000,000	July 2, 2012	5.440%	.295%	$(310,826)	$(1,662,451)	$(1,973,277)

 (1)  30 day LIBOR (London Interbank Offered Rate) at December 29,2011.

For information on the Fund’s significant accounting policies, please refer to the Fund’s most recent shareholder reports.

Item 2.	Controls and Procedures.
(a)	Based on an evaluation of the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (“1940 Act”)), as of a date within 90 days of the filing date of this document, the Chief Executive Officer and Treasurer and Principal Financial and Accounting Officer of the Registrant have concluded that such disclosure controls and procedures are effectively designed to ensure that information required to be disclosed by the Registrant on Form N-CSR and Form N-Q is accumulated and communicated to the Registrant’s management to allow timely decisions regarding required disclosure.
(b)	There were no significant changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 3.	Exhibits.
The certifications required by Rule 30a-2(a) of the 1940 Act are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Neuberger Berman Real Estate Securities Income Fund Inc.

By:	/s/ Robert Conti
	Robert Conti
	Chief Executive Officer

Date: March 26, 2012

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:	/s/ Robert Conti
	Robert Conti
	Chief Executive Officer

Date: March 26, 2012

By:	/s/ John M. McGovern
	John M. McGovern
	Treasurer and Principal Financial
	and Accounting Officer

Date: March 26, 2012