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) provides investors with comprehensive updates on its specialized real asset strategies through this dedicated news hub. As a global leader in liquid real estate securities and infrastructure investments, the company's announcements directly impact income-focused portfolios and market trends.
This resource aggregates official press releases, regulatory filings, and material developments including quarterly earnings, portfolio strategy updates, and leadership changes. Investors gain timely access to information about REIT allocations, preferred security offerings, and global infrastructure initiatives that shape the company's $90B+ AUM.
Key updates cover dividend declarations, new fund launches, and strategic partnerships in commodities markets. The curated feed helps stakeholders track CNS's responses to inflation trends, interest rate changes, and real asset valuation shifts. Bookmark this page for direct access to primary sources about the company's income solutions and real estate securities research.
Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) announced details of the distribution to be paid on March 31, 2022. The Fund operates under a managed distribution policy, allowing it to provide regular monthly distributions, enhancing flexibility for capital gains realization. For March 2022, the distribution is set at $0.1350 per share, consisting entirely of net investment income. Cumulative distributions for the fiscal year have reached $0.4050 per share. The Fund's year-to-date cumulative total return is reported at -6.02%, with a cumulative distribution rate of 1.68%.
The press release from Cohen & Steers Infrastructure Fund (UTF) details the sources of its upcoming distribution set for March 31, 2022, and cumulative distributions for the fiscal year to date. Established in March 2015, the managed distribution policy aids in delivering long-term returns through regular monthly distributions. The March distribution totals $0.1550 per share, sourced from net realized short-term and long-term capital gains. Year-to-date cumulative total return stands at -5.34%, contrasting with a 7.03% current annualized distribution rate. Shareholders will receive a Form 1099-DIV for tax purposes.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) provides details on the distribution payment scheduled for March 31, 2022, and the cumulative distributions year-to-date. The Fund has a managed distribution policy established in December 2011 to deliver consistent returns through monthly distributions. The current distribution includes $0.0800 per share, with sources comprising net realized short-term capital gains. The year-to-date cumulative total return through February 28, 2022, is reported at -10.86%. Shareholders will receive a Form 1099-DIV post-year-end for tax reporting.
Cohen & Steers REIT and Preferred and Income Fund (NYSE: RNP) announced the sources of its upcoming distribution, set for March 31, 2022. The Fund follows a managed distribution policy since December 2017, aiming to provide regular monthly distributions. The current distribution includes $0.1360 per share, sourced entirely from net realized long-term capital gains. As of February 28, 2022, the Fund reported a year-to-date cumulative total return of -11.10% and a cumulative distribution rate of 1.59%. Shareholders will receive a Form 1099-DIV detailing tax characteristics for these distributions.
This press release informs shareholders of Cohen & Steers Quality Income Realty Fund (NYSE: RQI) about the distribution sources to be paid on March 31, 2022, and cumulative fiscal year-to-date distributions. The Fund follows a managed distribution policy for regular monthly payouts, allowing for greater flexibility in capital gains distribution. Key distribution figures include a total current distribution of $0.0800 per share, all derived from long-term capital gains, indicating 100% of the current distribution. Year-to-date cumulative total return is -13.65%, while the current annualized distribution rate is 6.15%.
Cohen & Steers (NYSE: CNS) has partnered with Girls Who Invest, a nonprofit aimed at boosting female representation in investment management. This collaboration will see Cohen & Steers host a Girls Who Invest Scholar during their 2022 summer associate program. Chief Investment Officer Jon Cheigh emphasized the firm's commitment to diversity, stating it enhances investment decisions. The partnership aligns with Girls Who Invest's mission of preparing young women for leadership roles in finance, welcoming over 200 scholars this year and aiming for 30% of global investable capital to be managed by women by 2030.
Cohen & Steers has appointed Anthony Corriggio as Senior Vice President and Portfolio Manager for its Private Real Estate Group. Reporting to James S. Corl, Corriggio will focus on fund management and play a significant role in investment strategies. With over 25 years of real estate investment experience, he previously worked at a predecessor firm with Corl and Hamid Tabib. The Private Real Estate Group emphasizes a value-oriented investment approach, engaging in direct property investments and private placements, leveraging Cohen & Steers' robust resources.
Cohen & Steers announced that its Cohen & Steers Real Estate Securities Fund (CSDIX) and Cohen & Steers Preferred Securities and Income Fund (CPXIX) received the 2022 Refinitiv Lipper Fund Awards for outstanding risk-adjusted performance over the past decade. CSDIX has been recognized for seven consecutive years, outperforming 135 share classes in the Real Estate category, while CPXIX received its second award in the Flexible Income category against 37 share classes. These awards highlight the firm's commitment to delivering superior returns through real assets and alternative income.
Cohen & Steers reported preliminary assets under management of $98.9 billion as of February 28, 2022, marking a decline of $3.2 billion from January 31, 2022. This decrease resulted from market depreciation of $3.5 billion and distributions of $197 million, despite net inflows of $479 million.
Investment vehicles included institutional accounts and open-end funds, with significant market impacts noted in both categories. Overall, the firm's performance reflects current market challenges.
The Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) announces its distribution sources for February 28, 2022. The fund adopted a managed distribution policy in December 2021, allowing monthly distributions at a fixed rate, increasing flexibility in long-term capital gains realization. February's distribution totals $0.0870 per share, entirely from net realized long-term capital gains. Year-to-date, total return is -4.60% with a cumulative distribution rate of 1.29%. Shareholders will receive Form 1099-DIV for accurate tax reporting by year-end.