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 (PSF) shareholders are informed about the sources of distributions to be paid on June 30, 2022, and cumulative distributions fiscal year-to-date. The Fund's managed distribution policy allows for regular monthly distributions, which may include net investment income and return of capital. The total current distribution for June 2022 is $0.1350 per share. Year-to-date cumulative total return is -10.58%, while the cumulative distribution rate is 3.59%. The Fund's average annual total return over five years is 4.05%, with a current annualized distribution rate of 7.18%.
The Cohen & Steers Limited Duration Preferred and Income Fund (LDP) announced details regarding its monthly distribution scheduled for June 30, 2022. Implemented in December 2016, the managed distribution policy aims to provide regular monthly distributions, enhancing long-term capital gains realization. The current distribution of $0.1350 per share comprises net investment income, capital gains, and return of capital. Year-to-date returns reveal an 8.95% decrease in cumulative total return, while the current annualized distribution rate stands at 7.24%. Shareholders will receive a Form 1099-DIV for tax reporting.
This press release informs shareholders of Cohen & Steers Closed-End Opportunity Fund (FOF) about the distribution payment scheduled for June 30, 2022. The Fund has adopted a managed distribution policy, enabling regular monthly distributions aimed at maximizing long-term returns. The current monthly distribution is $0.0870 per share, which consists of net investment income, long-term capital gains, and return of capital. Year-to-date, the Fund has a cumulative distribution rate of 4.34%, with a YTD total return of -12.31%. Final tax characteristics will be reported on Form 1099-DIV.
Cohen & Steers (NYSE: CNS) reported preliminary assets under management of $94.3 billion as of May 31, 2022, down $3.7 billion from April's total. This decrease is attributed to market depreciation of $3.0 billion, net outflows of $510 million, and distributions totaling $183 million.
The firm specializes in real assets and alternative income investment management, with a global presence in cities like New York, London, and Tokyo.
Cohen & Steers Infrastructure Fund (UTF) announced details regarding its upcoming distribution, set for May 31, 2022. The Fund employs a managed distribution policy, offering fixed monthly payouts based on net investment income. For May 2022, the distribution per share is estimated at $0.1550, with net investment income accounting for 100% of this amount. Year-to-date returns show a -2.48% cumulative total return, while the cumulative distribution rate stands at 2.87%. Final tax characteristics will be reported to shareholders via Form 1099-DIV.
The Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) announced distribution details for shareholders, set for May 31, 2022. The Fund's managed distribution policy, active since December 2016, allows for regular monthly payouts, offering flexibility for capital gains realization. The total current distribution is $0.1350 per share, with net investment income accounting for 83.33% of the latest distribution. The Fund's year-to-date cumulative total return is reported at -9.55%, while the current annualized distribution rate stands at 7.06%.
Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced upcoming distribution details for shareholders, scheduled for May 31, 2022. The Fund follows a managed distribution policy to enhance long-term returns through monthly distributions, which may comprise capital gains and return of capital. Notably, the May distribution totals $0.0800 per share, with cumulative distributions of $0.4000 for the fiscal year. The YTD cumulative total return is -9.81%, while the average annual total return over five years is reported at 11.87%. Shareholders are advised to consult Form 1099-DIV for tax reporting.
The press release from Cohen & Steers REIT and Preferred and Income Fund (NYSE: RNP) details the distribution sources scheduled for May 31, 2022. The Fund follows a managed distribution policy aimed at providing consistent monthly distributions, which may include capital gains and return of capital. As of April 30, 2022, the Fund reported a year-to-date cumulative total return of -9.66% and a cumulative distribution rate of 2.63%. The announcement emphasizes that distribution amounts are estimates and will be finalized post-year-end tax reporting. Shareholders are advised to read the Form 1099-DIV for accurate reporting.
Cohen & Steers Total Return Realty Fund, Inc. (RFI) announced the distribution of $0.08 per share on May 31, 2022, following its managed distribution policy established in December 2011. The Fund's distributions may consist of capital gains and net investment income, with crucial information provided to shareholders post-distribution. Year-to-date cumulative total return is reported at -8.71%, while the average annual total return for five years stands at 9.81%. Shareholders are advised to consult Form 1099-DIV for tax reporting purposes.
The Cohen & Steers Limited Duration Preferred and Income Fund (NYSE: LDP) announced its monthly distribution of $0.1350 per share, payable on May 31, 2022. This distribution consists of 81.19% net investment income, with a portion classified as a return of capital. The Fund aims to provide steady returns through its managed distribution policy initiated in December 2016. As of April 30, 2022, the Year-to-date cumulative total return is -7.43%, while the average annual total return over five years is 4.74%. Long-term performance may affect shareholder value.