STOCK TITAN

Cohen and Steers Total Return Realty Fund - RFI STOCK NEWS

Welcome to our dedicated page for Cohen and Steers Total Return Realty Fund news (Ticker: RFI), a resource for investors and traders seeking the latest updates and insights on Cohen and Steers Total Return Realty Fund stock.

Cohen & Steers Total Return Realty Fund Inc. (NYSE: RFI) is a diversified, closed-end management investment company that aims to achieve a high total return by investing in real estate securities. The company primarily invests in the equity securities of real estate companies, including common shares, real estate investment trusts (REITs), rights or warrants, convertible securities, and preferred shares.

Overview and Core Business

Founded in 1986, Cohen & Steers is a global investment manager renowned for specializing in liquid real assets such as real estate securities, listed infrastructure, commodities, and natural resource equities. The firm also manages preferred securities and other income solutions, aiming to provide investors with solid, long-term returns. Headquartered in New York City, Cohen & Steers operates additional offices in London, Hong Kong, Tokyo, Dublin, and Seattle.

Investment Strategy and Objectives

The main objective of Cohen & Steers Total Return Realty Fund Inc. is to deliver high total returns through strategic investments in real estate securities. The Fund has implemented a managed distribution policy to provide consistent and regular monthly distributions to its shareholders. This policy gives the Fund flexibility to realize long-term capital gains throughout the year. These distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes.

Recent Developments

  • Distributions and Returns: The latest press release dated October 30, 2023, indicates that the Fund has been paying monthly distributions under its managed distribution policy. The Fund's Year-to-date Cumulative Total Return for fiscal year 2023 (January 1, 2023, through September 30, 2023) is detailed in their reports. According to the latest updates, the Fund's Average Annual Total Return for the five-year period ending September 30, 2023, is also available.
  • Fiscal Year Updates: Additional fiscal updates have been provided through press releases dated November 29, 2023, December 22, 2023, January 29, 2024, and up to the latest on May 28, 2024. Each of these updates includes detailed information on the Fund’s distribution rates, cumulative returns, and performance metrics.

Financial Reporting and Tax Information

The Fund provides detailed financial reports and regulatory filings, available through their website and the Securities and Exchange Commission's EDGAR Database. It is critical for shareholders to read these reports carefully before investing. The actual tax characteristics of the Fund's distributions are finalized and reported on Form 1099-DIV after the calendar year ends.

Global Presence and Partnerships

Cohen & Steers maintains a strong global presence with offices in key financial hubs around the world. This extensive network enhances their investment capabilities and offers substantial benefits to their investors through diversified portfolios and specialized investment strategies.

Conclusion

Investors looking for high total returns through real estate securities may find Cohen & Steers Total Return Realty Fund Inc. a compelling option. With its managed distribution policy, strategic asset allocation, and robust global operations, the Fund aims to deliver consistent performance and value to its shareholders. For the latest updates and detailed financial performance, investors are encouraged to consult the Fund's reports and press releases, accessible through their official website and regulatory filings.

Rhea-AI Summary

Cohen & Steers Total Return Realty Fund (RFI) has announced its October 2024 distribution details. The Fund's current distribution of $0.0800 per share comprises 17.13% from net investment income and 82.87% from net realized long-term capital gains. Year-to-date distributions total $0.8000 per share, sourced from net investment income (29.51%), short-term capital gains (14.26%), long-term capital gains (52.68%), and return of capital (3.55%). The Fund's year-to-date cumulative total return through September 2024 is 13.52%, with a current annualized distribution rate of 7.52% and a five-year average annual total return of 5.96%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
none
-
Rhea-AI Summary

Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its distribution sources for September 30, 2024, and cumulative distributions for the fiscal year-to-date. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. For September 2024, the distribution of $0.0800 per share comprises 61.88% from net investment income and 38.12% from net realized long-term capital gains.

The Fund's year-to-date cumulative total return from January 1 to August 31, 2024, is 10.16%, with a cumulative distribution rate of 5.77%. The five-year average annual total return ending August 31, 2024, is 5.61%, with a current annualized distribution rate of 7.70%. Shareholders are advised that the Fund may distribute more than its income and capital gains, resulting in a return of capital, which is not taxable but reduces the shareholder's tax basis in Fund shares.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
none
-
Rhea-AI Summary

Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its distribution for August 30, 2024, under its managed distribution policy. The policy aims to deliver the Fund's long-term total return potential through regular monthly distributions. The current distribution of $0.0800 per share includes:

  • 14.38% from Net Investment Income
  • 6.24% from Net Realized Short-Term Capital Gains
  • 38.38% from Net Realized Long-Term Capital Gains
  • 41.00% from Return of Capital

The Fund's Year-to-date Cumulative Total Return is 5.34%, with a Cumulative Distribution Rate of 5.33%. The Five-year Average Annual Total Return is 5.67%, and the Current Annualized Distribution Rate is 8.00%. Shareholders are advised that the distribution may include a return of capital, which is not taxable but reduces the shareholder's tax basis in Fund shares.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
none
Rhea-AI Summary

Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its July 2024 distribution details. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. For July 2024, the distribution is $0.0800 per share, with sources including:

- 7.00% from Net Investment Income
- 18.63% from Net Realized Long-Term Capital Gains
- 74.37% from Return of Capital

Year-to-date, the Fund has distributed $0.5600 per share. The Fund's year-to-date cumulative total return is -0.07%, with a cumulative distribution rate of 4.89%. The Fund's five-year average annual total return is 4.93%, with a current annualized distribution rate of 8.38%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.04%
Tags
none
-
Rhea-AI Summary

Cohen & Steers Total Return Realty Fund (RFI) announced the breakdown of its June 28, 2024 distribution and cumulative distributions for the fiscal year. The Fund uses a managed distribution policy to deliver consistent monthly payouts, combining long-term capital gains, short-term capital gains, net investment income, and return of capital. The June distribution per share is $0.0800, split into $0.0642 from net investment income and $0.0158 from long-term capital gains. Year-to-date, distributions total $0.4800 per share. The policy, however, may be amended or terminated by the Board, potentially impacting the share price. The Fund's year-to-date cumulative total return is -1.80%, with a cumulative distribution rate of 4.23%. Over five years, the average annual total return is 4.80%, while the current annualized distribution rate is 8.47%.

Shareholders are advised not to draw performance conclusions solely from distributions. The actual tax characteristics will be provided in Form 1099-DIV at year-end.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.32%
Tags
none
-
Rhea-AI Summary

Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced details on the distribution to be paid on May 31, 2024, and cumulative distributions for the fiscal year. The Fund follows a managed distribution policy to deliver long-term total returns through fixed monthly distributions. Distributions may include capital gains, net investment income, or return of capital. The Fund's Board can amend this policy anytime, potentially impacting the Fund's market price.

For May 2024, the distribution is $0.0800 per share, primarily from long-term capital gains (88.62%). Year-to-date, distributions total $0.4000 per share, with 58.74% being a return of capital. The Fund reported a YTD cumulative total return of -6.79% and a five-year average annual total return of 4.00% as of April 30, 2024. Investors should note that return of capital reduces their tax basis and is not immediately taxable.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
none
Rhea-AI Summary

Cohen & Steers Total Return Realty Fund, Inc. (RFI) provided information on sources of distribution for shareholders, with a managed distribution policy in place since December 2011. The policy aims to deliver long-term total return potential through regular monthly distributions, including various sources like capital gains and return of capital. The distribution estimates for April 2024 were detailed, with a breakdown of sources and percentages for the current distribution and year-to-date distributions. Shareholders were reminded not to base investment performance solely on distributions and to be aware of potential return of capital. The Fund's Year-to-date Cumulative Total Return and performance metrics were also disclosed.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
none
-
Rhea-AI Summary
Cohen & Steers Total Return Realty Fund, Inc. (CNS) announces distribution sources for March 2024. The managed distribution policy aims to provide long-term total return potential through regular monthly distributions. The distributions may include net investment income, capital gains, and return of capital. Shareholders will receive Form 1099-DIV for final tax characteristics. The current distribution breakdown shows net investment income as the primary source.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.84%
Tags
none
-
Rhea-AI Summary
Cohen & Steers Total Return Realty Fund, Inc. (CNS) announces distribution sources for February 2024, focusing on managed distribution policy, tax implications, and varying factors affecting monthly distributions. The Fund aims for long-term total return potential through regular distributions. Shareholders receive detailed information on distribution sources, including net investment income, capital gains, and return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
Rhea-AI Summary
Cohen & Steers Total Return Realty Fund, Inc. (CNS) has released a press release detailing the sources of its distribution to be paid on January 31, 2024, and the cumulative distributions paid fiscal year-to-date. The Fund implemented a managed distribution policy in December 2011 to deliver long-term total return potential through regular monthly distributions. The policy provides flexibility to realize long-term capital gains and distribute them monthly, but the Board of Directors may amend, terminate, or suspend the policy at any time. The distributions may include various sources such as long-term capital gains, short-term capital gains, net investment income, and return of capital. The tax characteristics of the distributions cannot be determined with certainty until after the end of the calendar year. The estimated amounts of the current distribution and cumulative distributions paid this fiscal year-to-date are also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
none

FAQ

What is the current stock price of Cohen and Steers Total Return Realty Fund (RFI)?

The current stock price of Cohen and Steers Total Return Realty Fund (RFI) is $12.42 as of November 14, 2024.

What is the market cap of Cohen and Steers Total Return Realty Fund (RFI)?

The market cap of Cohen and Steers Total Return Realty Fund (RFI) is approximately 335.3M.

What is the primary investment objective of Cohen & Steers Total Return Realty Fund Inc.?

The primary investment objective of Cohen & Steers Total Return Realty Fund Inc. is to achieve a high total return through investment in real estate securities.

What types of securities does the Fund invest in?

The Fund invests in equity securities of real estate companies, including common shares, REITs, rights or warrants, convertible securities, and preferred shares.

How does the Fund's managed distribution policy work?

The managed distribution policy allows the Fund to provide regular monthly distributions at a fixed rate per common share, giving flexibility to realize and distribute long-term capital gains throughout the year.

What are the sources of the Fund's monthly distributions?

The monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes.

Where can I find the Fund’s financial reports and regulatory filings?

The Fund’s financial reports and regulatory filings can be found on the Cohen & Steers website and the Securities and Exchange Commission’s EDGAR Database.

How is the Fund's Net Asset Value (NAV) calculated?

The NAV is calculated as the total market value of all the securities and other assets held by the Fund, minus the total liabilities, divided by the total number of shares outstanding.

What should shareholders consider before investing in the Fund?

Shareholders should consider the Fund’s investment objectives, risks, charges, and expenses carefully before investing. Detailed information is available in the Fund’s periodic reports and regulatory filings.

How does the Fund's market price relate to its NAV?

While NAV indicates the Fund's investment performance, the value of a shareholder's investment is determined by the Fund's market price, which depends on the supply and demand for the Fund's shares in the open market.

What should I do to prepare my tax returns related to the Fund’s distributions?

Shareholders should not use interim distribution information for tax returns preparation. The Fund provides a Form 1099-DIV for the calendar year with detailed tax reporting instructions for distributions.

Where can I find the latest updates and performance metrics of the Fund?

The latest updates and performance metrics are available in the Fund’s press releases and reports, which can be accessed through the Cohen & Steers website and regulatory filings.

Cohen and Steers Total Return Realty Fund

NYSE:RFI

RFI Rankings

RFI Stock Data

335.25M
26.55M
18.67%
0.08%
Asset Management
Financial Services
Link
United States of America
New York