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.
This press release from Cohen & Steers Quality Income Realty Fund, Inc. (RQI) informs shareholders about the distribution sources scheduled for October 30, 2020. The Fund follows a managed distribution policy since December 2012 to facilitate regular monthly payments. The current distribution totals $0.0800 per share, sourced from net investment income (32.5%), return of capital (67.5%), with no short- or long-term capital gains reported. The year-to-date cumulative total return is -12.80%, with a cumulative distribution rate of 6.61%. Shareholders will receive Form 1099-DIV to detail tax reporting.
The Cohen & Steers REIT and Preferred and Income Fund (RNP) announced the distribution of $0.1240 per share, payable on October 30, 2020. This distribution comprises 100% net investment income, while year-to-date distributions total $1.2400 per share, with 21.1% derived from net investment income. The Fund operates under a managed distribution policy, allowing regular monthly distributions and capital gains realization. The year-to-date cumulative total return stands at -6.05%, with a cumulative distribution rate of 5.65%. Investors are advised that actual tax characteristics will be finalized after year-end.
Cohen & Steers Select Preferred and Income Fund (PSF) announced its monthly distribution of $0.1570 per share, set for October 30, 2020. This distribution comprises $0.1027 from net investment income, $0.0543 as return of capital, while no short or long-term capital gains were realized. Year-to-date cumulative distributions total $1.6600 per share. The Fund follows a managed distribution policy allowing for regular payouts, although the Board can amend or suspend this policy at any time, which could impact share prices. Shareholders will receive a Form 1099-DIV for tax reporting at the year's end.
The Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced the distribution details for shareholders, set to be paid on October 30, 2020. The Fund employs a managed distribution policy aimed at providing regular monthly payments to shareholders while allowing flexibility to realize long-term capital gains. For October 2020, the total distribution is $0.0800 per share, with 91.37% coming from long-term capital gains. The year-to-date cumulative total return stands at -7.57%, with a cumulative distribution rate of 6.47%. Shareholders should consider that returns may include a return of capital.
Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) announces its distribution details for October 30, 2020. The Fund follows a managed distribution policy initiated in December 2016, aiming to offer regular monthly distributions based on a fixed rate per share. For October 2020, the distribution totals $0.1430 per share, comprising $0.0981 from net investment income and $0.0449 as return of capital. For fiscal year 2020, the year-to-date cumulative total return is -1.87% while the cumulative distribution rate is 6.16%.
Cohen & Steers (NYSE: CNS) reported its financial results for the third quarter of 2020, which ended on September 30, 2020. The company will hold a conference call on October 22, 2020, at 10:00 a.m. ET to discuss these results. Investors can access the call via a dedicated phone line or through the company's website. Founded in 1986 and headquartered in New York City, Cohen & Steers specializes in liquid real assets, including real estate securities and listed infrastructure.
Cohen & Steers, Inc. (NYSE:CNS) will release its third quarter 2020 financial results on October 21, 2020, after market close. The earnings presentation will be accessible through their website. A conference call to discuss the results and outlook is scheduled for October 22, 2020, at 10:00 a.m. (ET), featuring CEO Robert Steers and other executives. Investors can participate via telephone or webcast, with a replay available for two weeks post-call. Cohen & Steers specializes in liquid real assets and has a global presence in investment management.
Cohen & Steers (NYSE:CNS) reported preliminary assets under management (AUM) of $70.5 billion as of September 30, 2020, reflecting a $1.6 billion decline from August 31, 2020. This drop was attributed to $24 million in net outflows, $1.2 billion in market depreciation, and $303 million in distributions. The firm specializes in liquid real assets and has a global presence with offices in major cities including New York and Tokyo.
The Cohen & Steers MLP Income and Energy Opportunity Fund (MIE) has repurchased 82,826 shares since its last update on September 1, 2020, bringing the total for 2020 to 591,076 shares. This share repurchase program allows for the buyback of up to 10% of outstanding shares within a calendar year. Since inception on March 26, 2013, the total shares repurchased amount to 744,738. Investors are encouraged to review the Fund's objectives and risks before investing, with complete reports accessible online.
Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) announced its distribution payment details to shareholders for September 30, 2020. The Fund follows a managed distribution policy launched in March 2015, facilitating monthly distributions based on long-term capital gains. The current distribution totals $0.1550 per share, comprised mainly of net investment income ($0.1416, 91.35%). Year-to-date cumulative total return is -11.03%, while the average annual total return over five years is 8.84%. Shareholders should note that some distributions may include return of capital, impacting their tax basis.