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. (NYSE: CNS) is a global investment manager specializing in real assets and alternative income, with a focus on listed and private real estate, preferred securities, infrastructure, resource equities, commodities and multi-strategy solutions. Founded in 1986 and headquartered in New York City, the firm also maintains offices in London, Dublin, Hong Kong, Tokyo and Singapore, and regularly reports on its business through press releases and regulatory filings.
This news page aggregates company announcements and updates related to Cohen & Steers and its investment vehicles. Readers can find information on preliminary assets under management and net flows, where the firm breaks down AUM across institutional advisory and subadvisory accounts, open-end funds and closed-end funds, and explains the impact of market movements, net flows and distributions. The page also features notices for Cohen & Steers-managed closed-end funds such as UTF, RQI, RFI, RNP and FOF, including details on managed distribution policies and the estimated sources of monthly distributions.
In addition to fund-related disclosures, the news feed includes corporate developments such as leadership appointments, regional management changes and updates on the firm’s private real estate operations. Earnings release schedules and information about upcoming conference calls are also highlighted, indicating when quarterly and full-year results will be available and how investors and analysts can access related materials.
By reviewing the items on this page, investors can see how Cohen & Steers communicates on topics like distribution composition, fund performance metrics, assets under management trends and organizational changes. This historical record of press releases and notices provides context around the company’s activities in real assets and alternative income across its global platform.
Cohen & Steers (NYSE: CNS) reported preliminary assets under management (AUM) of $91.8 billion as of September 30, 2024, marking a $3.7 billion increase from August 31, 2024. This growth was primarily driven by market appreciation of $2.6 billion and net inflows of $1.3 billion, partially offset by distributions of $286 million.
The AUM breakdown shows significant growth across all investment vehicles:
- Institutional Accounts: Increased from $35.4 billion to $36.9 billion
- Open-end Funds: Rose from $41.0 billion to $43.0 billion
- Closed-end Funds: Grew from $11.7 billion to $11.9 billion
The largest net inflows were observed in Open-end Funds at $983 million, followed by Institutional Accounts at $337 million.
Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) has announced its distribution sources for September 30, 2024, and cumulative distributions for the fiscal year-to-date. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. For September 2024, the distribution of $0.0800 per share comprises 79.88% from net investment income and 20.12% from net realized long-term capital gains.
Year-to-date distributions totaling $0.7200 per share include 33.07% from net investment income and 66.93% from net realized long-term capital gains. The Fund's year-to-date cumulative total return is 13.30%, with a cumulative distribution rate of 5.14%. The Fund's five-year average annual total return is 6.75%, with a current annualized distribution rate of 6.85%.
Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) has announced its distribution for September 30, 2024, and provided information on the sources of this distribution. The Fund implemented a managed distribution policy in December 2021, aiming to deliver long-term total return potential through regular monthly distributions.
For September 2024, the distribution is $0.0870 per share, with 42.18% coming from net investment income and 57.82% from return of capital. Year-to-date, the Fund has distributed $0.7830 per share, with 36.04% from net investment income and 63.96% from return of capital.
The Fund's year-to-date cumulative total return as of August 31, 2024, is 18.23%, with a cumulative distribution rate of 6.50%. The five-year average annual total return ending August 31, 2024, is 7.49%, with a current annualized distribution rate of 8.67%.
Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) has announced its distribution for September 30, 2024, and provided information on the sources of this distribution. The Fund follows a managed distribution policy, aiming to deliver long-term total returns through regular monthly distributions. The current distribution of $0.1550 per share is sourced from:
- Net Investment Income: 47.74%
- Net Realized Short-Term Capital Gains: 2.58%
- Net Realized Long-Term Capital Gains: 49.68%
The Fund's year-to-date cumulative total return is 16.33%, with a cumulative distribution rate of 5.53%. The Fund's five-year average annual total return is 6.53%, with a current annualized distribution rate of 7.37%.
Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) has announced its distribution for September 2024, payable on September 30, 2024. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. Key points:
- The current distribution is $0.1360 per share, sourced entirely from Net Investment Income.
- Year-to-date distributions total $1.2240 per share, also sourced entirely from Net Investment Income.
- The Fund's Year-to-date Cumulative Total Return (Jan 1 - Aug 31, 2024) is 12.99%.
- The Cumulative Distribution Rate for the current fiscal period is 5.50%.
- The Fund's Average Annual Total Return for the five-year period ending August 31, 2024, is 6.39%.
- The Current Annualized Distribution Rate is 7.33%.
Shareholders are advised not to use this information for tax preparation and to await Form 1099-DIV for accurate tax reporting.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its distribution sources for September 30, 2024, and cumulative distributions for the fiscal year-to-date. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. For September 2024, the distribution of $0.0800 per share comprises 61.88% from net investment income and 38.12% from net realized long-term capital gains.
The Fund's year-to-date cumulative total return from January 1 to August 31, 2024, is 10.16%, with a cumulative distribution rate of 5.77%. The five-year average annual total return ending August 31, 2024, is 5.61%, with a current annualized distribution rate of 7.70%. Shareholders are advised that the Fund may distribute more than its income and capital gains, resulting in a return of capital, which is not taxable but reduces the shareholder's tax basis in Fund shares.
Cohen & Steers (NYSE: CNS), a leading real assets investment manager, has joined the SUBSCRIBE alternative investment platform to expand access to its private real estate strategies for the private wealth channel. This partnership will streamline investment and operational processes for clients and increase availability of Cohen & Steers' alternative products, including the Cohen & Steers Income Opportunities REIT (CNSREIT), to financial advisors using SUBSCRIBE.
The collaboration aims to leverage what Cohen & Steers believes is a generational opportunity in the private commercial real estate market. SUBSCRIBE's technology will automate various operational tasks, such as investor onboarding, subscription documents, and transaction workflow management, supporting the full investment lifecycle. This partnership aligns with SUBSCRIBE's vision to digitally transform the alternative investments industry.
Cohen & Steers (NYSE: CNS) reported preliminary assets under management (AUM) of $88.1 billion as of August 31, 2024, a $3.5 billion increase from July 31, 2024. This growth was primarily driven by market appreciation of $3.7 billion and net inflows of $8 million, partially offset by distributions of $152 million.
The AUM breakdown shows: Institutional Accounts at $35.4 billion, Open-end Funds at $41.0 billion, and Closed-end Funds at $11.7 billion. Notably, Japan Subadvisory accounts experienced the highest net inflows of $25 million, while Subadvisory excluding Japan saw the largest net outflows of $45 million.
Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) has announced its distribution for August 2024, to be paid on August 30, 2024. The Fund follows a managed distribution policy aimed at delivering long-term total returns through regular monthly distributions. For August 2024, the distribution is estimated to be:
- $0.0348 (40.00%) from Net Investment Income
- $0.0522 (60.00%) from Return of Capital
The total distribution is $0.0870 per share. Year-to-date, the Fund has distributed $0.6960 per share. The Fund's year-to-date cumulative total return is 15.53%, with a cumulative distribution rate of 5.87%. The Fund's five-year average annual total return is 6.64%, with a current annualized distribution rate of 8.81%.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its distribution for August 30, 2024, under its managed distribution policy. The policy aims to deliver the Fund's long-term total return potential through regular monthly distributions. The current distribution of $0.0800 per share includes:
- 14.38% from Net Investment Income
- 6.24% from Net Realized Short-Term Capital Gains
- 38.38% from Net Realized Long-Term Capital Gains
- 41.00% from Return of Capital
The Fund's Year-to-date Cumulative Total Return is 5.34%, with a Cumulative Distribution Rate of 5.33%. The Five-year Average Annual Total Return is 5.67%, and the Current Annualized Distribution Rate is 8.00%. Shareholders are advised that the distribution may include a return of capital, which is not taxable but reduces the shareholder's tax basis in Fund shares.