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Insights on Cohen & Steers Infrastructure Fund, Inc. (UTF) Distributions

Cohen & Steers Infrastructure Fund, Inc. (UTF), a prominent private equity firm specializing in real assets, has released a notification regarding its upcoming distributions scheduled for June 30, 2025. This announcement is particularly significant for shareholders as it sheds light on the various sources that will contribute to this month's distributions.

In March 2015, Cohen & Steers adopted a managed distribution policy aimed to enhance long-term total returns for shareholders. This strategy capitalizes on the ability to declare consistent monthly distributions at a fixed rate per share, providing investors with regular income while maintaining the flexibility to realize capital gains over the longer term. The governing board retains the authority to amend or terminate this policy, which may impact the fund's market value.

Breakdown of Distributions

The distributions are composed of several components, including:

• - Net Investment Income: This represents a substantial portion of the distributions and is derived from the fund's investments.
• - Net Realized Short-Term and Long-Term Capital Gains: While the current distribution does not include short-term capital gains, past distributions have shown a noteworthy contribution from long-term capital gains.
• - Return of Capital: This is a notable factor where the distributions exceed net investment income, leading to the return of a portion of the shareholders' initial investments.

For June 2025, the estimated distribution breakdown per share is as follows:

• - Net Investment Income: $0.0994 (64.13%)
• - Return of Capital: $0.0556 (35.87%)

This implies the total distribution is $0.1550 per share, accumulating to $0.9300 for the fiscal year thus far. The return of capital is not classified as taxable income; rather, it reduces the tax base for the shareholder's investments.

Importance of the Announcement

This distribution reflects the fund’s ongoing commitment to delivering value to shareholders, even as portfolio and market conditions can lead to variations in distribution amounts. Shareholders are advised to consider the implications of the distribution components, especially with the managed distribution policy that underscores returns from capital gains.

Moreover, this announcement serves as a reminder of the potential risks associated with investment strategies. Investors should keep in mind that the distributions provided do not necessarily correlate with the fund's overall investment performance.

Looking Ahead

Stakeholders can expect that detailed information regarding the source and tax characteristics of these distributions will be posted on cohenandsteers.com and communicated through official notices. As the year progresses, shareholders will receive a Form 1099-DIV, crucial for tax reporting concerning the distributions received.

The fund's performance between January 1 and May 31, 2025, indicates an 8.61% year-to-date cumulative total return, providing a promising outlook alongside the 3.70% cumulative distribution rate. Investors are encouraged to examine these returns in relation to the fund's overall strategy and managed distribution approach.

In conclusion, the notification from Cohen & Steers Infrastructure Fund, Inc. should be approached with a focus on understanding how these distributions align with broader market conditions and the fund's investment ambiance. By staying informed, shareholders can optimize their investment decisions while navigating the complexities of the market landscape.