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.
The Cohen & Steers REIT and Preferred and Income Fund (NYSE: RNP) announced its distribution details for February 26, 2021. The Fund employs a managed distribution policy, initiated in December 2017, to maximize long-term total returns through regular monthly distributions. For February, the estimated distribution is $0.1240 per share, solely from long-term capital gains. The cumulative total return for 2021 as of January 31 is -1.03%, with a cumulative distribution rate of 1.07%. Shareholders will receive a Form 1099-DIV for tax reporting after the year-end.
Cohen & Steers Total Return Realty Fund (RFI) announced its February 2021 distribution, set at $0.08 per share, derived entirely from long-term capital gains. The Fund's managed distribution policy, initiated in December 2011, aims to provide regular monthly payouts, allowing flexibility in realizing capital gains. Current total return year-to-date is -1.00%, with a cumulative distribution rate of 1.24%. The Fund's average annual total return over five years is 7.49%, and the current annualized distribution rate is 7.45%. Shareholders should await Form 1099-DIV for tax reporting.
Cohen & Steers Select Preferred and Income Fund (PSF) announced the source details of its upcoming distribution scheduled for February 26, 2021. The Fund adopts a managed distribution policy to provide consistent monthly distributions, which may include long-term capital gains, short-term capital gains, net investment income, and return of capital. For February, the total distribution is $0.1570 per share, with net investment income accounting for $0.1200 (76.43%). The fiscal year-to-date cumulative total return is estimated at -0.16%, while average annual total return over the last five years is 8.67%. The Fund's current annualized distribution rate is 7.08%.
On February 24, 2021, Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced the sources of its monthly distribution of $0.08 per share, scheduled for February 26, 2021. The Fund follows a managed distribution policy, allowing regular capital gains distributions. As of January 31, 2021, the Fund's Year-to-Date Cumulative Total Return was -1.51%, while the Average Annual Total Return over five years stood at 7.93%. Shareholders should note that the distribution amounts are estimates and may change based on the Fund's investment performance.
Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) has announced its monthly distribution of $0.1550 per share, payable on February 26, 2021. The distribution's sources include net investment income, net realized long-term capital gains, and a return of capital. The managed distribution policy allows the Fund to optimize long-term returns through regular monthly payments. The Year-to-date Cumulative Total Return is -1.19%, while the Average Annual Total Return over five years stands at 10.89%. Shareholders will receive a Form 1099-DIV for tax reporting.
Cohen & Steers reported preliminary assets under management (AUM) of $81.2 billion as of January 31, 2021, marking an increase of $1.3 billion from December 31, 2020. This rise was attributed to net inflows totaling $2.1 billion, although partially offset by market depreciation of $586 million and distributions of $207 million.
The firm specializes in liquid real assets, including real estate securities and natural resource equities.
On January 28, 2021, Cohen & Steers Infrastructure Fund (NYSE: UTF) announced the sources of its January 29, 2021 distribution, totaling $0.1550 per share, entirely classified as a return of capital (100%). The Fund's managed distribution policy, initiated in March 2015, enables it to distribute long-term capital gains flexibly. The Year-to-date Cumulative Total Return for 2020 was -3.66%, while the Average Annual Total Return over five years was 11.01%. Investors are advised that a portion of distributions may return their invested capital, which does not indicate investment performance.
The Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced details regarding the sources of its distribution set for January 29, 2021. The Fund operates under a managed distribution policy implemented in December 2012, aimed at providing regular monthly distributions to shareholders. The January distribution totals $0.0800 per share, entirely sourced from net realized long-term capital gains. Shareholders will receive a Form 1099-DIV detailing tax reporting for these distributions. The Fund's Year-to-Date Cumulative Total Return for fiscal year 2020 is -3.20%, with a Current Annualized Distribution Rate of 7.29%.
Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) announces the distribution sources for its January 29, 2021 payment. The Fund's managed distribution policy, effective since December 2017, aims to enhance regular monthly distributions by allowing for long-term capital gains realization. For January, the total distribution is $0.1240, sourced entirely from net realized long-term capital gains. Shareholders will receive a Form 1099-DIV for tax reporting after the year-end, detailing the distribution characteristics.
Cohen & Steers Limited Duration Preferred and Income Fund (NYSE: LDP) announces its monthly distribution of $0.1430 per share, payable on January 29, 2021. The distribution consists of $0.0924 from net investment income (64.62%) and $0.0506 as return of capital (35.38%). The Fund employs a managed distribution policy since December 2016 to enhance long-term return potential. Year-to-date cumulative total return is at 5.90% for 2020, with an average annual total return of 8.49%. Shareholders should consider the risk and investment objectives before investing.