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 Limited Duration Preferred and Income Fund (NYSE: LDP) announced its distribution sources for September 30, 2021. The fund's managed distribution policy aims for long-term total return through monthly distributions, which may include net investment income, capital gains, and return of capital. For September, the distribution totals $0.1430 per share, with net investment income contributing $0.1198 (83.78%). Year-to-date total return is 5.62%, while the cumulative distribution rate stands at 4.90%. The fund emphasizes that these figures are estimates and may vary as they are subject to market conditions.
Cohen & Steers reported preliminary assets under management (AUM) of $100.5 billion as of August 31, 2021, a $950 million increase from July 31. The growth can be attributed to market appreciation of $1.7 billion, though this was partially offset by net outflows of $554 million and distributions of $205 million.
Cohen & Steers (NYSE: CNS) has appointed Marcia Gonzalez Glass as Senior Vice President of Institutional Sales, focusing on business development in the Northeast U.S. Glass brings 16 years of experience, previously with CenterSquare Investment Management, where she managed institutional relationships. This strategic move aims to enhance Cohen & Steers' institutional engagement and support the launch of new private real estate strategies. The firm has also established a Private Real Estate Group to provide integrated real estate investment solutions.
Cohen & Steers (NYSE: CNS) announced the appointment of Bob Kuberski as Executive Vice President and Head of Wealth Management Consulting Group, succeeding David Edlin who is retiring after 12 years. Kuberski brings over 20 years of experience in investment management, previously serving at Eaton Vance and Invesco. Dan Charles, Head of Global Distribution, expressed confidence in Kuberski's leadership to enhance the firm's wealth management team amid a low-yield market. CEO Robert Steers acknowledged Edlin's contributions to the firm's growth.
Cohen & Steers reported preliminary assets under management (AUM) of $99.5 billion as of July 31, 2021, reflecting an increase of $3.3 billion from $96.2 billion at June 30, 2021. This growth stemmed from $782 million in net inflows and a market appreciation of $2.7 billion, despite distributions totaling $208 million.
The firm specializes in real assets and alternative income strategies, operating globally from its headquarters in New York City.
Cohen & Steers MLP Income and Energy Opportunity Fund (NYSE: MIE) completed its liquidation on August 6, 2021. Shareholders will receive a net asset value of $3.9118 per share as a liquidating distribution. This action aligns with previously announced plans for liquidation. Investors should be aware that they may incur a tax gain or loss due to the liquidation process and should consult tax professionals for advice.
The Board of Directors of Cohen & Steers (NYSE: CNS) has declared a cash dividend of $0.45 per share for Q3 2021. This dividend will be paid on August 26, 2021, to stockholders of record as of the close of business on August 16, 2021. Cohen & Steers is a prominent global investment manager, focusing on real assets and alternative income, with a firm foundation since 1986. The headquarters is located in New York City, and the firm has a global presence in key financial markets.
Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced shareholder distribution details for July 30, 2021. The fund follows a managed distribution policy since December 2012, which allows regular monthly payouts. The July distribution amounts to $0.08 per share, with the year-to-date cumulative total return reported at 25.15% and a cumulative distribution rate of 3.52%. The fund's average annual total return over five years is 9.82% with a current annualized distribution rate of 6.03%. Shareholders will receive a Form 1099-DIV for tax purposes after year-end.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) announced the sources of its July 30, 2021 distribution. The Fund follows a managed distribution policy aimed at delivering long-term total return through monthly distributions. The July distribution is $0.08 per share, comprising $0.005 from net investment income and $0.075 from net realized long-term capital gains. The Year-to-date Cumulative Total Return stands at 18.43%, with a Cumulative Distribution Rate of 3.74% for fiscal 2021. Shareholders will receive Form 1099-DIV for accurate tax reporting post-year-end.