#United States #New York #Cohen Steers #Total Return Realty #RFI Fund

Cohen & Steers Total Return Realty Fund Distribution Update

On August 28, 2026, Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) issued a vital notification to its shareholders regarding distribution sources associated with its managed distribution policy. This policy, implemented in December 2011, reflects the organization's commitment to delivering stable returns while adapting to market conditions.

Understanding the Fund's Managed Distribution Policy

The managed distribution policy is designed to optimize the Fund's long-term total return potential by facilitating regular monthly distributions at a fixed rate per common share. This adaptability allows the Fund to realize long-term capital gains and distribute them consistently throughout the year.

The Fund’s Board of Directors retains the authority to amend, suspend, or terminate this policy at any time, an action that could potentially impact the market price of the Fund's shares. Investors must be aware of this flexibility, recognizing that any changes could influence their investment’s performance and market valuation.

Monthly Distribution Breakdown

The communication detailed the breakdown of the August 2026 distribution, amounting to $0.0800 per share. The total distribution includes various components:

• - Net Investment Income: $0.0109 (13.63%) of the current distribution
• - Net Realized Short-Term Capital Gains: $0.0000 (0.00%)
• - Net Realized Long-Term Capital Gains: $0.0208 (26.00%)
• - Return of Capital: $0.0483 (60.37%)

Return of capital represents distributions exceeding net investment income and net realized capital gains. It is important for shareholders to understand that a return of capital is not taxable; instead, it reduces the shareholder's tax basis in their shares of the Fund.

Distributions and Tax Implications

The Fund's investments in real estate investment trusts (REITs) might also have distributions characterized as capital gains or as returns of capital, depending on reporting from held REITs post-year-end. Shareholders are encouraged to visit the Fund's official website for monthly distribution updates, which arrive concurrently via direct mail.

Cumulative Distribution Insights for Fiscal Year 2026

As of August 31, 2026, the Fund has shown Cumulative Total Return and Distribution Rate highlights:

• - Year-to-date (YTD) Cumulative Total Return: 13.62%
• - Cumulative Distribution Rate: 5.33%

Over the five-year period concluding in July 2026, the Fund experienced an average annual total return of 3.49% alongside a current annualized distribution rate of 8.00%. These figures are indicative of how well the Fund has performed when considering both capital appreciation and income generation for investors.

Investor Considerations

Investors should thoroughly assess the Fund's investment objectives, associated risks, charges, and expenses before making investment decisions. The latest reports detailing the Fund's performance, strategies, and other regulatory filings are readily accessible via direct inquiry with financial advisors or through cohenandsteers.com. It's crucial to read through these materials carefully before committing to any investment.

This press release also includes forward-looking statements reflecting Cohen & Steers' current perspectives on organizational performance. Investors are reminded that actual outcomes may vary significantly from projected expectations due to various factors.

Conclusion

Cohen & Steers continues to demonstrate its dedication as a globally recognized investment manager, focusing keenly on real assets and alternative income strategies. With a history dating back to 1986, the firm has established an international presence with offices across several major cities, including New York City, London, and Tokyo. Achieving transparency regarding distribution sources enhances shareholder confidence and ensures stakeholders remain well-informed about their investments.