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) is a global investment manager specializing in real assets and alternative income, with a focus on listed and private real estate, preferred securities, infrastructure, resource equities, commodities and multi-strategy solutions. Founded in 1986 and headquartered in New York City, the firm also maintains offices in London, Dublin, Hong Kong, Tokyo and Singapore, and regularly reports on its business through press releases and regulatory filings.
This news page aggregates company announcements and updates related to Cohen & Steers and its investment vehicles. Readers can find information on preliminary assets under management and net flows, where the firm breaks down AUM across institutional advisory and subadvisory accounts, open-end funds and closed-end funds, and explains the impact of market movements, net flows and distributions. The page also features notices for Cohen & Steers-managed closed-end funds such as UTF, RQI, RFI, RNP and FOF, including details on managed distribution policies and the estimated sources of monthly distributions.
In addition to fund-related disclosures, the news feed includes corporate developments such as leadership appointments, regional management changes and updates on the firm’s private real estate operations. Earnings release schedules and information about upcoming conference calls are also highlighted, indicating when quarterly and full-year results will be available and how investors and analysts can access related materials.
By reviewing the items on this page, investors can see how Cohen & Steers communicates on topics like distribution composition, fund performance metrics, assets under management trends and organizational changes. This historical record of press releases and notices provides context around the company’s activities in real assets and alternative income across its global platform.
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Cohen & Steers MLP Income and Energy Opportunity Fund (NYSE: MIE) announced the approval of its liquidation and dissolution as of June 30, 2021. The effective date for determining stockholders entitled to liquidating distributions is set for August 6, 2021, with the last trading day on the NYSE being August 2, 2021. Post-approval, the Fund will deviate from its investment policies as it sells its portfolio securities for liquidation. Stockholders may experience tax implications as a result of the liquidation. The Fund will not declare future dividends.
On June 29, 2021, Cohen & Steers Infrastructure Fund, Inc. (UTF) notified shareholders of the distribution sources for the payment on June 30, 2021. The Fund follows a managed distribution policy aimed at delivering regular monthly distributions at a fixed rate per share, allowing for greater capital gains realization. For June 2021, the total distribution is $0.1550 per share, comprising 64.84% from net investment income and 35.16% from net realized long-term capital gains. YTD cumulative return is 13.06%, while the annualized distribution rate is 6.88%.
Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced its distribution sources for the upcoming payment on June 30, 2021. Since implementing a managed distribution policy in December 2012, the Fund aims for long-term returns through consistent monthly distributions. The current distribution is $0.0800 per share, comprising $0.0464 from net investment income and $0.0336 from realized long-term capital gains. The cumulative total return for 2021 stands at 21.32%, with a cumulative distribution rate of 3.09%. Tax characteristics will be finalized at year-end and reported via Form 1099-DIV.
The Cohen & Steers Total Return Realty Fund (NYSE: RFI) will distribute $0.0800 per share on June 30, 2021. This distribution includes $0.0418 from net investment income and $0.0382 from net realized long-term capital gains. Year-to-date total returns as of May 31, 2021, are at 15.62%, with a cumulative distribution rate of 3.26%. The fund operates under a managed distribution policy, providing monthly distributions at a fixed rate, and aims to maximize long-term total returns. Shareholders will receive a Form 1099-DIV for tax purposes.
Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) has issued a notice to shareholders detailing the sources of its upcoming distribution on June 30, 2021. The Fund follows a managed distribution policy aimed at delivering long-term returns through fixed monthly distributions. Current distribution estimates include $0.1213 from net investment income and $0.0357 from net realized long-term capital gains. Year-to-date cumulative total return is reported at 3.15%, with a cumulative distribution rate of 3.51%. Investors are advised to review their investment objectives carefully.
The Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE: RNP) announced the distribution details for June 30, 2021. The Fund operates under a managed distribution policy initiated in December 2017, aimed at providing shareholders with regular monthly distributions. For June 2021, the total distribution is $0.1240 per share, consisting entirely of realized long-term capital gains. The Fund's cumulative total return for 2021 stands at 13.97%, while the cumulative distribution rate is 2.84%. Shareholders will receive a Form 1099-DIV for tax reporting purposes.
The Cohen & Steers Limited Duration Preferred and Income Fund (LDP) announced its distribution sources for June 30, 2021. A managed distribution policy allows for monthly distributions, including net investment income and capital gains. For June, total distribution is $0.1430 per share, with $0.1244 from net investment income (86.99%). Year-to-date, the cumulative total return is 3.12% with a cumulative distribution rate of 3.29%. Shareholders will receive a Form 1099-DIV to report distributions for tax purposes.
Cohen & Steers (NYSE: CNS) announced preliminary assets under management (AUM) of $94.2 billion as of May 31, 2021, up $1.4 billion from April 30, 2021. This growth was driven by net inflows of $760 million and market appreciation of $815 million, despite distributions totaling $201 million.
Cohen & Steers specializes in real assets and alternative income investments and has a global presence with offices in major financial hubs.
The Board of Directors of Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE) has announced a monthly distribution of $0.015 for June 2021. The ex-date for this distribution is June 15, 2021, with a record date of June 16, 2021, and a payable date of June 30, 2021. The Fund's distributions are based on net investment income and may include returns of capital, which could be taxed as ordinary income. Shareholders will receive a Form 1099-DIV for tax reporting.