Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Notification of Sources of Distribution Under Section 19(a)
Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) has announced its July 2024 distribution details. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. For July 2024, the distribution is $0.0800 per share, with 24.38% from net investment income and 75.62% from net realized long-term capital gains.
Year-to-date distributions total $0.5600 per share, sourced from net investment income (33.50%), net realized long-term capital gains (36.84%), and return of capital (29.66%). The Fund's year-to-date cumulative total return is -0.39%, with a cumulative distribution rate of 4.49%. The five-year average annual total return ending June 30, 2024, is 5.68%, with a current annualized distribution rate of 7.69%.
Il Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) ha annunciato i dettagli della distribuzione per luglio 2024. Il Fondo segue una politica di distribuzione gestita per offrire un potenziale di rendimento totale a lungo termine attraverso distribuzioni mensili regolari. Per luglio 2024, la distribuzione è di $0.0800 per azione, con il 24,38% proveniente da reddito netto da investimenti e il 75,62% da guadagni in conto capitale netti realizzati a lungo termine.
Le distribuzioni dall'inizio dell'anno ammontano a $0.5600 per azione, derivanti da reddito netto da investimenti (33,50%), guadagni in conto capitale netti realizzati a lungo termine (36,84%) e restituzione di capitale (29,66%). Il rendimento totale cumulativo del Fondo dall'inizio dell'anno è di -0,39%, con un tasso di distribuzione cumulativa del 4,49%. Il rendimento totale medio annuale su cinque anni, terminato il 30 giugno 2024, è di 5,68%, con un attuale tasso di distribuzione annualizzata del 7,69%.
El Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) ha anunciado los detalles sobre su distribución de julio de 2024. El Fondo sigue una política de distribución gestionada para ofrecer un potencial de rendimiento total a largo plazo a través de distribuciones mensuales regulares. Para julio de 2024, la distribución es de $0.0800 por acción, con el 24,38% proveniente de ingresos netos por inversiones y el 75,62% de ganancias de capital netas realizadas a largo plazo.
Las distribuciones acumuladas hasta la fecha son un total de $0.5600 por acción, que provienen de ingresos netos por inversiones (33,50%), ganancias de capital netas realizadas a largo plazo (36,84%) y retorno de capital (29,66%). El rendimiento total acumulado del Fondo hasta la fecha es de -0,39%, con una tasa de distribución acumulativa del 4,49%. El rendimiento total promedio anual a cinco años que finaliza el 30 de junio de 2024 es del 5,68%, con una tasa de distribución anualizada actual del 7,69%.
코헨 & 스티어스 품질 소득 부동산 펀드, Inc. (NYSE: RQI)가 2024년 7월 유통 세부 사항을 발표했습니다. 이 펀드는 관리된 배당 정책를 따르며, 정기적인 월별 배당을 통해 장기적으로 총 수익 잠재력을 제공합니다. 2024년 7월의 배당금은 주당 $0.0800이며, 24.38%는 순투자 소득에서, 75.62%는 실현된 장기 자본 이익에서 나옵니다.
연초부터의 총 배당금은 주당 $0.5600이며, 순투자 소득(33.50%), 실현된 장기 자본 이익(36.84%) 및 자본 회수(29.66%)에서 유래합니다. 펀드의 연초 누적 총 수익률은 -0.39%이며, 누적 배당률은 4.49%입니다. 2024년 6월 30일 종료 기준 5년 평균 연간 총 수익률은 5.68%이며, 현재 연율화 배당률은 7.69%입니다.
Le Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) a annoncé les détails de sa distribution pour juillet 2024. Le Fonds suit une politique de distribution gérée pour offrir un potentiel de rendement total à long terme grâce à des distributions mensuelles régulières. Pour juillet 2024, la distribution est de 0,0800 $ par action, avec 24,38 % provenant du revenu net d'investissement et 75,62 % des plus-values nettes à long terme réalisées.
Les distributions depuis le début de l'année totalisent 0,5600 $ par action, provenant du revenu net d'investissement (33,50 %), des plus-values nettes à long terme réalisées (36,84 %) et du retour de capital (29,66 %). Le rendement total cumulé du Fonds depuis le début de l'année est de -0,39 %, avec un taux de distribution cumulatif de 4,49 %. Le rendement total moyen annuel sur cinq ans se terminant le 30 juin 2024 est de 5,68 %, avec un taux de distribution annualisé actuel de 7,69 %.
Der Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) hat die Einzelheiten seiner Verteilung für Juli 2024 bekanntgegeben. Der Fonds verfolgt eine verwaltete Verteilungspolitik, um ein langfristiges Gesamtrenditepotenzial durch regelmäßige monatliche Ausschüttungen bereitzustellen. Für Juli 2024 beträgt die Ausschüttung 0,0800 USD pro Aktie, wobei 24,38% aus dem Nettoeinkommen und 75,62% aus realisierten langfristigen Kapitalgewinnen stammen.
Die Ausschüttungen seit Jahresbeginn belaufen sich insgesamt auf 0,5600 USD pro Aktie, die aus Nettoeinkommen (33,50%), realisierten langfristigen Kapitalgewinnen (36,84%) und Rückzahlungen von Kapital (29,66%) stammen. Die kumulierte Gesamtrendite des Fonds seit Jahresbeginn beträgt -0,39%, mit einer kumulierten Ausschüttungsquote von 4,49%. Die durchschnittliche jährliche Gesamtrendite über fünf Jahre bis zum 30. Juni 2024 beträgt 5,68%, bei einer aktuellen annualisierten Ausschüttungsrate von 7,69%.
- Managed distribution policy allows for regular monthly distributions
- 75.62% of July 2024 distribution comes from net realized long-term capital gains
- Five-year average annual total return of 5.68%
- Current annualized distribution rate of 7.69%
- Year-to-date cumulative total return is -0.39%
- 29.66% of year-to-date distributions classified as return of capital
- Fund has distributed more than its income and capital gains
In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES | July 2024 | YEAR-TO-DATE (YTD) July 31, 2024* | ||
Source | Per Share | % of Current | Per Share | % of 2024 |
Net Investment Income | 24.38 % | 33.50 % | ||
Net Realized Short-Term Capital Gains | 0.00 % | 0.00 % | ||
Net Realized Long-Term Capital Gains | 75.62 % | 36.84 % | ||
Return of Capital (or other Capital Source) | 0.00 % | 29.66 % | ||
Total Current Distribution | 100.00 % | 100.00 % | ||
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2024 (January 1, 2024 through June 30, 2024) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2024. In addition, the Fund's Average Annual Total Return for the five-year period ending June 30, 2024 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2024. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2024 to June 30, 2024 | |
Year-to-date Cumulative Total Return1 | -0.39 % |
Cumulative Distribution Rate2 | 4.49 % |
Five-year period ending June 30, 2024 | |
Average Annual Total Return3 | 5.68 % |
Current Annualized Distribution Rate4 | 7.69 % |
1. | Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions. |
2. | Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2024 through July 31, 2024) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of June 30, 2024. |
3. | Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending June 30, 2024. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions. |
4. | The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of June 30, 2024. |
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
Website: https://www.cohenandsteers.com
Symbol: (NYSE: CNS)
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in
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This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
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SOURCE Cohen & Steers, Inc.
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