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 Select Preferred and Income Fund (NYSE: PSF) announced key details regarding its upcoming distribution on July 29, 2022. The Fund operates under a managed distribution policy, which aims to provide regular monthly distributions to shareholders, estimated at $0.1350 for July. Notably, YTD cumulative total return is -16.18%, with cumulative distribution rate at 4.50%. Shareholders should note that distributions may include return of capital, which reduces their tax basis. Final tax characteristics will be reported on Form 1099-DIV for the calendar year.
The Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) announced the distribution sources for its July 2022 payment, amounting to $0.0870 per share. The fund has employed a managed distribution policy since December 2021, aiming for regular monthly payouts. The current distribution consists of net investment income, long-term capital gains, and return of capital, with 55.75% attributed to return of capital. The year-to-date cumulative total return is reported at -18.67%. The average annual total return for the past five years is 3.99%. Shareholders should consult Form 1099-DIV for tax purposes.
This press release informs shareholders of Cohen & Steers Limited Duration Preferred and Income Fund (LDP) about the sources of the distribution payable on July 29, 2022, and year-to-date cumulative distributions. The Fund has a managed distribution policy since December 2016, allowing regular monthly distributions based on net income and realized gains. The total current distribution for July 2022 is $0.1350 per share. The Fund's year-to-date cumulative total return is -14.06%, with a cumulative distribution rate of 4.50%. Shareholders will receive a Form 1099-DIV for tax reporting.
Cohen & Steers, Inc. (NYSE: CNS) announced its operating results for Q2 2022 on July 20, highlighting a focus on real assets and alternative income. The firm is known for its expertise in sectors such as real estate and infrastructure. A conference call is scheduled for July 21 at 10:00 a.m. ET to discuss these results, with participation from key executives. Investors can access the call via phone or webcast. Cohen & Steers, founded in 1986 and headquartered in New York City, boasts a global presence with offices in major financial hubs.
Cohen & Steers, Inc. (NYSE: CNS) will release its second quarter 2022 operating results on July 20, 2022, after market close. The earnings release and presentation will be accessible on the company's website. A conference call is scheduled for July 21, 2022, at 10:00 a.m. (ET), featuring CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh, who will discuss the results and future outlook. Investors can join the call via phone or webcast, and a replay will be available for two weeks after.
Cohen & Steers, Inc. (NYSE: CNS) reported preliminary assets under management (AUM) of $87.9 billion as of June 30, 2022, a decrease of $6.4 billion from May 31, 2022. This decline was primarily due to market depreciation of $5.6 billion, alongside distributions of $649 million and net outflows of $210 million. The company specializes in real assets and alternative income investments, maintaining a global presence.
The Cohen & Steers Quality Income Realty Fund (RQI) announced its distribution sources to shareholders, with the next payment scheduled for June 30, 2022. Since December 2012, the Fund has utilized a managed distribution policy to distribute regular monthly payments, including capital gains and investment income. For June 2022, the total distribution is $0.0800 per share, primarily sourced from net realized short-term capital gains. Year-to-date, the Fund reported a cumulative total return of -14.26% and a cumulative distribution rate of 3.14%.
This press release informs shareholders of the Cohen & Steers Infrastructure Fund (UTF) about the distribution sources for June 30, 2022, and cumulative distributions for the fiscal year. The Fund follows a managed distribution policy started in March 2015, aiming for regular monthly distributions. The June 2022 distribution includes net investment income ($0.0924 per share), long-term capital gains ($0.0626), and totals $0.1550 per share. Cumulative total returns year-to-date are 0.87%, with a current annualized distribution rate of 6.71%.
The press release from Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) outlines the distribution to be paid on June 30, 2022, as part of its managed distribution policy established in December 2017. This policy aims to provide regular monthly distributions that may include long-term capital gains and net investment income. For fiscal year 2022, the Fund reports a year-to-date cumulative total return of -13.14% and a cumulative distribution rate of 3.30%. The total current distribution for June is $0.1360 per share, fully sourced from long-term capital gains.
Cohen & Steers Total Return Realty Fund (RFI) announced details of its upcoming distribution due on June 30, 2022. The Fund follows a managed distribution policy since December 2011, allowing for monthly distributions at a fixed rate, including long-term capital gains and return of capital. The total current distribution for June is $0.0800 per share, making the year-to-date cumulative distribution $0.4800 per share. The Fund's year-to-date cumulative total return is reported at -12.15%, while the five-year average annual total return stands at 8.87%.