Cohen & Steers Closed-End Funds Distribution Update for Q2 2025
Cohen & Steers, a prominent name in global investment management, has announced the monthly cash distributions for its Closed-End Funds for the upcoming months of April, May, and June 2025. This update reflects the firm’s commitment to regular shareholder returns, affirming its robust investment strategy and the strong performance of its funds.
Monthly Distribution Breakdown
According to the announcement from March 27, 2025, shareholders can expect the following monthly distributions per share from various funds:
Ticker | Fund Name | Monthly Dividend |
---|
-- | ------------- | ------ |
FOF | Cohen & Steers Closed-End Opportunity Fund, Inc. | $0.087 |
LDP | Cohen & Steers Limited Duration Preferred and Income Fund, Inc. | $0.131 |
PSF | Cohen & Steers Select Preferred and Income Fund, Inc. | $0.126 |
PTA | Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund | $0.134 |
RFI | Cohen & Steers Total Return Realty Fund, Inc. | $0.080 |
RLTY | Cohen & Steers Real Estate Opportunities and Income Fund | $0.110 |
RNP | Cohen & Steers REIT and Preferred and Income Fund, Inc. | $0.136 |
RQI | Cohen & Steers Quality Income Realty Fund, Inc. | $0.080 |
UTF | Cohen & Steers Infrastructure Fund, Inc. | $0.155 |
Distribution Schedule
These dividends are scheduled to be paid out following the specified record and payable dates:
- - April 2025: Ex-Dividend date on April 8, with payments on April 30.
- - May 2025: Ex-Dividend date on May 13, with payments on May 30.
- - June 2025: Ex-Dividend date on June 10, with payments on June 30.
Insight on Distribution Policies
The monthly distributions represent the consistent cash returns that Cohen & Steers seeks to provide to its common shareholders. These payments primarily arise from net investment income but may also include realized capital gains and/or return of capital.
It's essential to understand that returns of capital can encompass distributions that exceed a fund's net investment income, drawing from the fund's broader asset base. Some portions of these returned funds might be taxed as ordinary income under federal tax regulations, depending on the individual investment circumstances.
Managed Distribution Plans
Certain funds, including the Cohen & Steers Closed-End Opportunity Fund and the Cohen & Steers Total Return Realty Fund, have announced distributions in line with their managed distribution policies. This approach is designed to enable the funds to effectively distribute capital gains and maintain regular disbursement to shareholders, which could reflect well on their overall market appeal.
Shareholders should note that the amount and timing of distributions might fluctuate based on underlying investment performance, market conditions, and other economic factors. This flexibility is one feature of the managed distribution policy, which aims to optimize shareholder returns throughout the year.
Although Cohen & Steers aims to deliver steady dividends, they caution that the Board of Directors may alter or suspend the distribution strategies as needed, depending on the performance and evaluation of each fund.
Investor Considerations
Potential investors should carefully assess the investment goals, risks, charges, and expenses associated with each fund before making investment decisions. Detailed periodic reports and regulatory filings are available on the firm’s website or through the Securities and Exchange Commission for those interested in a deeper understanding of their offerings.
Cohen & Steers, with its headquarters in New York City, is recognized for its specialized focus on real assets and alternative income, managing a diverse portfolio that includes private and public real estate, preferred securities, and infrastructure, among others. Established in 1986, the firm continues to maintain a prominent position in the investment management landscape, reinforcing its dedication to responsible investing and shareholder engagement.