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.
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.
Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: CNS) has announced the adjournment of its special stockholders meeting originally scheduled for May 27, 2021, to June 30, 2021, at 10:00 AM ET. This decision aims to provide additional time for soliciting votes regarding the proposal to liquidate and dissolve the Fund. The Fund specializes in real assets and alternative income investments. Further updates about the Fund's financial performance and operations will be disclosed in compliance with relevant regulations.
Cohen & Steers Infrastructure Fund (NYSE: UTF) announced distribution details to shareholders for May 28, 2021. The Fund operates under a managed distribution policy since March 2015, offering consistent monthly distributions to enhance total returns. The current distribution amounts to $0.1550 per share, comprising net investment income (42.32%), long-term capital gains (57.68%), and no return of capital. Cumulative total return year-to-date is 11.77%, with a current annualized distribution rate of 6.92%. Shareholders should monitor the Fund's performance and tax implications provided in Form 1099-DIV.
The Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced its upcoming distribution on May 28, 2021, providing details on the sources of this distribution. The fund follows a managed distribution policy initiated in December 2012, aiming to deliver regular monthly distributions while allowing flexibility in capital gains realization. Current distribution estimates include $0.0147 from net investment income and $0.0653 from net realized long-term capital gains. The fund's year-to-date cumulative total return as of April 30, 2021, stands at 21.09%, with an average annual total return of 11.09%.
The Cohen & Steers Limited Duration Preferred and Income Fund (LDP) announced its upcoming distribution payment scheduled for May 28, 2021. The Fund employs a managed distribution policy aimed at delivering long-term total returns via regular monthly distributions. The distribution consists of net investment income, capital gains, and potentially a return of capital. As of May 2021, the total current distribution per share is $0.1430, with cumulative distributions for the year reaching $0.7150. Investors should be aware that distribution amounts may vary based on market conditions.
The press release from Cohen & Steers REIT and Preferred and Income Fund (NYSE: RNP) details the upcoming distribution set for May 28, 2021, and outlines cumulative distributions for the fiscal year-to-date. Under a managed distribution policy, the Fund aims to enhance long-term returns through regular monthly payouts. Shareholders receive distributions from varied sources, including capital gains. For fiscal 2021, the Year-to-date Cumulative Total Return stands at 13.53% and the Cumulative Distribution Rate at 2.36%. Shareholders will receive Form 1099-DIV for tax purposes.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) informs shareholders about the distribution to be paid on May 28, 2021. The Fund follows a managed distribution policy established in December 2011, allowing it to provide regular monthly distributions and potentially realize long-term capital gains. The total current distribution for May 2021 is $0.08 per share, comprising net investment income and net realized long-term capital gains. As of April 30, 2021, the year-to-date cumulative total return is 15.30%. Shareholders will receive a Form 1099-DIV for tax reporting.
Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) announced distribution details for shareholders, set to be paid on May 28, 2021. The Fund follows a managed distribution policy aimed at delivering long-term total returns through regular monthly distributions. For May 2021, the total distribution per share is $0.1570, which includes $0.1237 from net investment income, accounting for 78.79% of the current distribution. Year-to-date returns stand at 2.46%, with a cumulative distribution rate of 2.92% as of April 30, 2021. Shareholders should consider tax implications as the final distributions will be detailed in a 1099-DIV form.
Cohen & Steers, Inc. (NYSE: CNS) filed a new shelf registration statement on Form S-3 with the SEC, replacing the previous one that expired on May 9, 2021. This continuation reflects the company's strategy to maintain an effective registration since 2005, allowing it to offer securities on a delayed basis. The firm specializes in real assets and alternative income, with a global presence including offices in major financial cities.
Cohen & Steers reported preliminary assets under management (AUM) of $92.8 billion as of April 30, 2021, marking an increase of $5.8 billion from March 31, 2021. The growth was driven by net inflows of $821 million and market appreciation of $5.2 billion, though offset by $200 million in distributions. The firm specializes in real assets and alternative income investment management.