Welcome to our dedicated page for Cohen & Steers news (Ticker: CNS), a resource for investors and traders seeking the latest updates and insights on Cohen & Steers stock.
Cohen & Steers, Inc. reports developments for a global investment manager focused on real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities and multi-strategy solutions. Company news commonly covers quarterly operating results, preliminary assets under management and net flows, cash dividends on common stock and leadership or distribution organization changes.
Updates also include changes to Cohen & Steers realty indexes, such as the Global Realty Majors Portfolio Index and International Realty Majors Portfolio Index, and notices tied to Cohen & Steers closed-end fund distribution policies.
Cohen & Steers (NYSE: CNS) has announced upcoming changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective February 21, 2025. The key modification involves replacing CK Asset Holdings (1113.HK) with Hongkong Land Holdings (HKL.SP) in both indexes.
These indexes are free-float adjusted, modified market capitalization-weighted total return indexes that track selected real estate equity securities. They are quoted intraday on a real-time basis by the Chicago Mercantile Exchange. The indexes utilize a modified capitalization-weighted approach and qualitative screening process to identify leading companies in global real estate securitization. All index weightings are independently calculated by Standard & Poor's.
Cohen & Steers (NYSE: CNS) reported preliminary assets under management (AUM) of $86.4 billion as of January 31, 2025, representing an increase of $598 million from December 31, 2024's $85.8 billion. The growth was attributed to market appreciation of $960 million, which was partially offset by distributions of $149 million and net outflows of $213 million.
Breaking down the changes by investment vehicle: Open-end Funds increased to $41.5 billion, Institutional Accounts remained relatively stable at $33.6 billion, and Closed-end Funds stood at $11.3 billion. Notable movements included positive flows in Japan Subadvisory ($28 million) and Open-end Funds ($133 million), while Subadvisory excluding Japan experienced significant outflows of $458 million.
Cohen & Steers REIT and Preferred and Income Fund (NYSE: RNP) has announced its January 2025 distribution details. The Fund maintains a managed distribution policy implemented in December 2017 to deliver long-term total return potential through regular monthly distributions.
The January 2025 distribution of $0.1360 per share consists entirely of net investment income. The Fund's year-to-date cumulative total return for 2024 was 9.50%, with a current annualized distribution rate of 7.75%. The five-year average annual total return ending December 31, 2024, stands at 5.15%.
The Fund's distributions may include various components such as long-term capital gains, short-term capital gains, net investment income, and return of capital. The final tax characteristics will be provided on Form 1099-DIV after the calendar year end.
Cohen & Steers Quality Income Realty Fund (RQI) has announced its January 2025 distribution details under its managed distribution policy. The Fund will distribute $0.0800 per common share on January 31, 2025, consisting entirely of net realized long-term capital gains.
The Fund's performance metrics show a year-to-date cumulative total return of 6.19% and a five-year average annual total return of 5.14%. The current annualized distribution rate stands at 7.48% of NAV, with a cumulative distribution rate of 0.62% for the fiscal period.
The managed distribution policy, implemented in December 2012, aims to deliver the Fund's long-term total return potential through regular monthly distributions. Distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital, with final tax characteristics to be determined at year-end.
Cohen & Steers Infrastructure Fund (UTF) has announced its January 2025 distribution details and sources. The Fund maintains a managed distribution policy implemented in March 2015, delivering monthly distributions at a fixed rate. The January 2025 distribution of $0.1550 per share comprises:
- Net Investment Income: 4.97% ($0.0077)
- Net Realized Long-Term Capital Gains: 42.32% ($0.0656)
- Return of Capital: 52.71% ($0.0817)
The Fund's performance metrics show a Year-to-date Cumulative Total Return of 12.75% and a Five-year Average Annual Total Return of 4.79%. The Current Annualized Distribution Rate stands at 7.80%, while the Cumulative Distribution Rate for the fiscal period is 0.65%.
Cohen & Steers Total Return Realty Fund (RFI) has announced its January 2025 distribution details under its managed distribution policy. The Fund will distribute $0.0800 per common share on January 31, 2025, consisting entirely of net realized short-term capital gains. The Fund's year-to-date cumulative total return for 2024 was 5.44%, with a current annualized distribution rate of 8.25%.
The Fund's managed distribution policy, implemented in December 2011, aims to deliver long-term total return potential through regular monthly distributions. The Fund achieved an average annual total return of 4.43% for the five-year period ending December 31, 2024. The cumulative distribution rate for the current fiscal period stands at 0.69%.
Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) has announced its January 2025 distribution details under its managed distribution policy. The Fund will distribute $0.0870 per share on January 31, 2025, consisting of 34.59% from net investment income ($0.0301) and 65.41% from return of capital ($0.0569).
The Fund's performance metrics show a year-to-date cumulative total return of 20.91% and a five-year average annual total return of 6.40%. The current annualized distribution rate stands at 8.72% of NAV. The managed distribution policy, implemented in December 2021, aims to deliver the Fund's long-term total return potential through regular monthly distributions at a fixed rate per share.
Cohen & Steers (NYSE: CNS) has announced its financial results for Q4 and full-year 2024, which will be discussed in detail during a conference call scheduled for January 23, 2025, at 10:00 a.m. (ET). The conference call will be hosted by CEO Joseph Harvey, CFO Raja Dakkuri, and head of multi-asset solutions Jeffrey Palma.
Investors and analysts can participate by dialing 800-715-9871 (U.S.) or +1-646-307-1963 (international) with passcode 8494569. A two-week replay will be available, and a webcast can be accessed through the company's website at www.cohenandsteers.com.
Cohen & Steers (NYSE: CNS) has announced its schedule for the release of fourth quarter and full year 2024 financial results. The company will release its earnings report after market close on Wednesday, January 22, 2025, followed by a conference call on Thursday, January 23, 2025, at 10:00 a.m. ET.
The conference call will feature CEO Joseph Harvey, CFO Raja Dakkuri, and head of multi-asset solutions Jeffrey Palma, who will discuss operating results and outlook. Investors and analysts can access the call via webcast or telephone, with dial-in numbers provided for both U.S. (800-715-9871) and international (+1-646-307-1963) participants using passcode 8494569.
A two-week replay will be available, and the webcast will be archived on the company website for one month.
Cohen & Steers (NYSE: CNS) reported preliminary assets under management (AUM) of $85.8 billion as of December 31, 2024, marking a $5.6 billion decrease from November 30, 2024's $91.4 billion. The decline was primarily attributed to:
- Market depreciation of $5.7 billion
- Distributions of $396 million
- Partially offset by net inflows of $504 million
The AUM breakdown shows Open-end Funds at $41.0 billion, Institutional Accounts at $33.6 billion, and Closed-end Funds at $11.3 billion. Within Institutional Accounts, Advisory accounts held $19.3 billion, Japan Subadvisory $8.5 billion, and Subadvisory excluding Japan $5.8 billion.