#United States #New York #Cohen & Steers #RQI #Managed Distribution

Overview of Cohen & Steers Quality Income Realty Fund, Inc. Updates

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) recently communicated significant information pertinent for its shareholders. As of January 31, 2025, the fund has outlined the sources of its forthcoming distribution, highlighting its managed distribution policy initiated in December 2012. This strategy aims to enhance long-term total returns through consistent monthly distributions based on fixed rates per share.

Managed Distribution Policy

The foundation of the fund’s managed distribution policy lies in the exemption granted by the Securities and Exchange Commission. It allows the fund greater adaptability in realizing long-term capital gains and providing regular distributions to its shareholders. The Board of Directors retains the authority to amend or halt this policy at any time, potentially affecting market pricing of the Fund’s shares. This proactive role ensures that shareholders are always informed of any potential changes.

The monthly distributions from the fund may consist of long-term capital gains, short-term capital gains, net investment income, or returns of capital for tax purposes. A return of capital typically indicates distributions exceeding the net investment income and realized capital gains, stemming from the fund's assets. Notably, while returns of capital themselves are not taxed immediately, they may later modify a shareholder’s tax basis in their shares.

Distribution Estimates and YTD Data

As part of an ongoing commitment to transparency, Cohen & Steers has estimated the January 2025 distribution figures based on the following categories:

• - Net Investment Income: $0.0000 (0.00%)
• - Net Realized Short-Term Capital Gains: $0.0000 (0.00%)
• - Net Realized Long-Term Capital Gains: $0.0800 (100.00%)
• - Return of Capital: $0.0000 (0.00%)
• - Total Current Distribution: $0.0800 (100.00%)

These figures indicate that all distributions this month arise from long-term capital gains, showcasing the strategic management of invested capital.

Year-to-Date Performance

The year-to-date cumulative return as of December 31, 2024, stands at 6.19%, which juxtaposes effectively with the fund’s cumulative distribution rate of 0.62% for the same period. Moreover, the fund has recorded a 5.14% average annual total return over the last five years alongside a current annualized distribution rate of 7.48%. This performance metric paints a favorable picture of the fund's efficacy in delivering shareholder return while upholding a balanced payout strategy.

Investors should comprehensively evaluate their financial objectives, risks, and expenses concerning the fund. A careful review of periodic reports and regulatory filings is advisable for all stakeholders wishing to understand the fund's operations better. These documents are available through a contact with financial advisors or directly from the fund's website.

Future Distributions and Tax Implications

As a reminder, the specific details of fund distributions may potentially change throughout the fiscal year due to fluctuating market conditions and investment performance. Each monthly distribution announcement is accompanied by relevant notifications posted on the official website, ensuring shareholders are kept well-informed.

Tax implications should also be understood by shareholders, as they will receive a Form 1099-DIV detailing how to report the distributions for their federal income tax returns. Shareholders are encouraged not to utilize the information in this update for tax preparations due to the complexity in the character of distributions that may vary once final figures are calculated post the calendar year-end.

Ultimately, Cohen & Steers continues to focus on providing clarity and consistent updates to its investors while pursuing optimal returns through strategically managed investments in real assets and alternative income sources.