Welcome to our dedicated page for Cohen & Steers Infrastructure Fund news (Ticker: UTF), a resource for investors and traders seeking the latest updates and insights on Cohen & Steers Infrastructure Fund stock.
Cohen & Steers Infrastructure Fund, Inc. reports fund developments for a diversified closed-end management investment company focused on infrastructure securities. The Fund’s investment universe includes utilities, pipelines, toll roads, airports, railroads, ports, telecommunications companies and other infrastructure businesses, with a total-return objective that emphasizes income.
Recurring updates center on monthly Section 19(a) notices under its managed distribution policy, including whether distributions are classified as net investment income, realized capital gains or return of capital for federal tax purposes. News also covers fund-level capital actions, common-share issuance matters, and the role of Cohen & Steers Capital Management, Inc. as investment adviser.
The Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) announced its distribution sources for July 31, 2020. Since implementing a managed distribution policy in March 2015, the Fund aims for regular monthly distributions to enhance long-term returns. The current distribution is $0.1550 per share, consisting of net investment income, short-term gains, long-term gains, and a return of capital. Year-to-date cumulative total return is estimated at -14.84%, with a cumulative distribution rate of 4.79%. Investors are advised that returns of capital may impact tax reporting.
This press release announces the sources of the distribution for Cohen & Steers Infrastructure Fund (NYSE: UTF), scheduled for June 30, 2020. The Fund has a managed distribution policy aimed at providing consistent monthly distributions to shareholders. For June 2020, the total distribution is $0.1550 per share, which includes 100% from net investment income. The cumulative total return for 2020 is -12.84% and the average annual total return over five years is 6.66%. Shareholders will receive a Form 1099-DIV for tax reporting.