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Cohen & Steers Infrastructure Fund: Important Distribution Notification

On January 27, 2026, the Cohen & Steers Infrastructure Fund, Inc. (traded as NYSE: UTF) released vital information pertaining to the distribution payments that are expected to be processed on January 30, 2026. This announcement is crucial for shareholders who are keen to understand the sources of their upcoming earnings and the cumulative distributions that have been made thus far this fiscal year.

Managed Distribution Policy Overview

In March 2015, the Fund instituted a managed distribution policy, authorized by the Securities and Exchange Commission, to optimize shareholder returns. This strategic approach allows the Fund to allocate regular monthly distributions at a fixed rate per common share, thereby aiming to enhance the Fund's long-term total return potential. By ensuring flexibility in recognizing long-term capital gains, the Fund can distribute these gains to shareholders on a consistent monthly basis. However, it’s noteworthy that the Board of Directors retains the authority to modify, suspend, or terminate this distribution policy at any time, which may influence the Fund's share price in the market.

Understanding Distribution Sources

The distributions available from the Fund can encompass various components, including:

• - Long-term capital gains
• - Short-term capital gains
• - Net investment income
• - Return of capital, as per federal tax regulations.

The term 'return of capital' refers to distributions that exceed the Fund's net investment income and its realized capital gains, funded by the Fund’s assets. Importantly, distributions categorized as a return of capital are not subject to taxation; instead, they reduce the shareholders' tax basis in their Fund shares.

Another essential factor to consider is that distributions derived from the Fund’s investments in MLPs (Master Limited Partnerships) may originate from multiple sources, including net investment income or returns of capital. The actual amounts of monthly distributions can fluctuate based on several variables, including portfolio dynamics and market conditions.

At the time of each monthly distribution, comprehensive information will be concurrently updated on the official website, cohenandsteers.com, and communicated directly to shareholders. However, because final tax characteristics related to the distributions can only be firmly established post-year-end, shareholders can expect a Form 1099-DIV to arrive which will detail these characteristics for tax reporting purposes.

Current Distribution Estimates

For January 2026, below are the estimated distributions along with cumulative totals for the current fiscal year:


It is crucial for shareholders to not interpret the distribution amount as a direct reflection of the Fund's investment performance or yield. In reality, the Fund has provided more than its net investment income and capital gains, indicating that part of the monthly distributions could be categorized as a return of capital. This type of distribution does not portray the investment performance reliably, nor is it synonymous with yield or income.

Shareholders are advised to keep abreast of changing amounts and sources of distributions, as these are only preliminary estimates and may evolve over time. Actual distributions for both accounting and tax purposes will be influenced by the Fund’s investment performance in the remaining fiscal year, necessitating possible revisions aligned with tax regulations.

Performance Insights

For the fiscal year spanning from January 1, 2025, to December 31, 2025, the following performance data were reported:

• - Year-to-date Cumulative Total Return: 15.65%
• - Cumulative Distribution Rate: 0.61%
• - Average Annual Total Return (5-Year Period Ending December 31, 2025): 8.69%
• - Current Annualized Distribution Rate: 7.27%

When deliberating potential investments in the Fund, investors must carefully contemplate the associated objectives, risks, fees, and expenses. The most recent periodic reports and regulatory filings can be accessed either through a qualified financial advisor or directly on the Fund's website at cohenandsteers.com.

Furthermore, shareholders will receive the essential Form 1099-DIV for the calendar year detailing how to accurately report the Fund distributions for federal income tax purposes.

About Cohen & Steers

Founded in 1986, Cohen & Steers is recognized as a leading global investment management firm that specializes in areas such as real assets and alternative income. The firm's offerings include private and listed real estate, preferred securities, infrastructure, resource equities, commodities, and multi-strategy solutions. Headquartered in New York City, Cohen & Steers also operates offices in key international markets, including London, Dublin, Hong Kong, Tokyo, and Singapore.

As a final note, this press release contains forward-looking statements regarding Cohen & Steers' operations and financial performance. Such statements are inherently subject to risks and uncertainties which could lead to actual results differing significantly from those expressed or implied here. Investors are encouraged to stay informed about these factors and their potential impact.