Welcome to our dedicated page for Cohen & Steers Total Return Realty news (Ticker: RFI), a resource for investors and traders seeking the latest updates and insights on Cohen & Steers Total Return Realty stock.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) is a diversified, closed-end management investment company focused on achieving a high total return through investment in real estate securities. Regular shareholder notices for RFI provide detailed information on the Fund’s managed distribution policy, the estimated sources of each monthly distribution and how those distributions relate to its net asset value (NAV) performance.
News updates for RFI commonly cover monthly Section 19(a) notices that break down distributions into net investment income, net realized short-term capital gains, net realized long-term capital gains and any return of capital. These releases also explain how interim estimates may differ from final tax characterizations reported on Form 1099-DIV after year-end.
Investors following RFI’s news can see how the Fund’s Year-to-date Cumulative Total Return, Cumulative Distribution Rate, Average Annual Total Return and Current Annualized Distribution Rate are defined and reported based on NAV. Each notice reiterates that NAV performance may be indicative of the Fund’s investment performance, while the actual value of a shareholder’s investment is determined by the market price of the shares on the exchange.
Because the Fund uses a managed distribution policy implemented in December 2011, its news flow places particular emphasis on explaining that distribution amounts and sources should not be viewed in isolation as indicators of investment performance. For ongoing insight into RFI’s distribution composition, NAV-based performance metrics and related disclosures, readers can monitor this news feed as new shareholder notices are issued.
Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced the sources of its distribution scheduled for June 30, 2020. Implementing a managed distribution policy since December 2011, the Fund aims to provide regular monthly distributions, affording flexibility in realizing long-term capital gains. For June 2020, the total current distribution is $0.0800 per share, inclusive of net investment income, capital gains, and return of capital, which may affect taxable income. Year-to-date cumulative total return is reported at -12.11%.