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 Infrastructure Fund (UTF) has announced its upcoming distribution set for April 29, 2022. This follows the implementation of a managed distribution policy in March 2015, aimed at providing regular monthly distributions at a fixed rate. The April distribution totals $0.1550 per share, with sources including net investment income and short-term capital gains. Year-to-date cumulative total return for 2022 stands at 2.87%, while the average annual total return over five years is 12.00%. Distributions are subject to change and will be detailed in Form 1099-DIV.
The Cohen & Steers REIT and Preferred Income Fund (NYSE: RNP) has announced details regarding its April 2022 distribution and cumulative distributions year-to-date. As part of its managed distribution policy initiated in December 2017, the Fund provides regular monthly distributions to enhance long-term returns. The April 2022 distribution is $0.1360 per share, consisting entirely of net realized long-term capital gains, with no net investment income or return of capital included. The Fund's cumulative total return for 2022 is currently -6.42%, while the average annual total return for five years is 11.49%.
The press release from April 28, 2022, details the distribution payment for Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) on April 29, 2022. The Fund employs a managed distribution policy initiated in December 2016 to enhance long-term returns through monthly distributions. The current distribution amounts to $0.1350 per share, consisting mainly of net investment income and includes a portion classified as return of capital. The year-to-date cumulative total return is reported at -6.06% with an average annual total return of 5.90% over five years.
Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) announced the distribution sources for its upcoming payment on April 29, 2022. The Fund follows a managed distribution policy allowing monthly distributions at a fixed rate, enhancing flexibility to realize and distribute long-term capital gains. The April distribution is estimated at $0.0870 per share, comprising net investment income, capital gains, and return of capital. The Fund reported a year-to-date cumulative total return of -5.41% and an average annual total return of 7.91% over five years, with a current distribution rate of 7.93%.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) details the distribution sources for shareholders, set for April 29, 2022. The Fund follows a managed distribution policy aimed at providing regular monthly distributions. For April 2022, the total current distribution is $0.0800 per share, derived entirely from net realized short-term capital gains. The Year-to-Date cumulative total return for 2022 is reported at -5.66%, while the cumulative distribution rate stands at 2.11%. Shareholders will receive a Form 1099-DIV for tax reporting purposes.
The Cohen & Steers Limited Duration Preferred and Income Fund (LDP) announced its distribution details for April 2022, emphasizing its managed distribution policy initiated in December 2016. This policy allows for fixed monthly distributions to shareholders, which may include long-term capital gains and return of capital. The current distribution is $0.1350 per share, with cumulative distributions year-to-date totaling $0.5400 per share. It is noted that these distributions may account for capital return rather than performance returns, and shareholders will receive Form 1099-DIV for tax reporting.
Cohen & Steers (NYSE: CNS) announced its operating results for Q1 2022, highlighting key financial metrics. The results will be discussed in a conference call on April 21, 2022, at 10:00 a.m. ET, featuring CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh. Investors can join by phone or via the webcast, available for replay for two weeks. Established in 1986 and headquartered in New York City, Cohen & Steers specializes in real assets and alternative income investments globally.
Cohen & Steers (NYSE: CNS) is set to release its first quarter 2022 financial results after market close on April 20, 2022. Accompanying the release, an earnings presentation will be accessible on their website. A conference call will follow on April 21, 2022, at 10:00 a.m. ET, featuring a review of the results by key executives, including CEO Joseph Harvey. Investors can participate via phone or webcast, with replay options available for two weeks post-call. For more details, visit www.cohenandsteers.com.
Cohen & Steers, Inc. reported preliminary assets under management (AUM) of $102.1 billion as of March 31, 2022, marking a $3.2 billion increase from February 28, 2022. This growth was primarily driven by market appreciation of $4.1 billion, though it faced $593 million in net outflows and $300 million in distributions. The firm specializes in real assets and alternative income, operating globally from offices in major cities.
Cohen & Steers Capital Management has expressed support for the Icahn Group's initiative to nominate ten candidates for the board of directors at Southwest Gas Holdings (SWX). As an investor in SWX, Cohen & Steers plans to vote in favor of these nominees during the upcoming annual meeting, indicating a strategic alignment with the Icahn Group's vision for the company's governance. This move could potentially reshape the board's dynamics and influence future business strategies.