Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
Cohen & Steers Infrastructure Fund (UTF) has announced its January 2025 distribution details and sources. The Fund maintains a managed distribution policy implemented in March 2015, delivering monthly distributions at a fixed rate. The January 2025 distribution of $0.1550 per share comprises:
- Net Investment Income: 4.97% ($0.0077)
- Net Realized Long-Term Capital Gains: 42.32% ($0.0656)
- Return of Capital: 52.71% ($0.0817)
The Fund's performance metrics show a Year-to-date Cumulative Total Return of 12.75% and a Five-year Average Annual Total Return of 4.79%. The Current Annualized Distribution Rate stands at 7.80%, while the Cumulative Distribution Rate for the fiscal period is 0.65%.
Il Fondo Infrastrutture Cohen & Steers (UTF) ha annunciato i dettagli e le fonti della distribuzione di gennaio 2025. Il Fondo mantiene una politica di distribuzione gestita attuata nel marzo 2015, offrendo distribuzioni mensili a un tasso fisso. La distribuzione di gennaio 2025 di $0.1550 per azione è composta da:
- Reddito da Investimenti Netto: 4.97% ($0.0077)
- Guadagni in Capitale Netti Realizzati a Lungo Termine: 42.32% ($0.0656)
- Restituzione di Capitale: 52.71% ($0.0817)
I parametri di performance del Fondo mostrano un Rendimento Totale Cumulativo da Inizio Anno del 12.75% e un Rendimento Totale Medio Annuo di Cinque Anni del 4.79%. L'Attuale Tasso di Distribuzione Annualizzato è del 7.80%, mentre il Tasso di Distribuzione Cumulativo per il periodo fiscale è dello 0.65%.
El Fondo de Infraestructura Cohen & Steers (UTF) ha anunciado los detalles de la distribución de enero de 2025 y sus fuentes. El Fondo mantiene una política de distribución gestionada implementada en marzo de 2015, ofreciendo distribuciones mensuales a una tasa fija. La distribución de enero de 2025 de $0.1550 por acción se compone de:
- Ingreso Neto por Inversiones: 4.97% ($0.0077)
- Ganancias de Capital Netas Realizadas a Largo Plazo: 42.32% ($0.0656)
- Devolución de Capital: 52.71% ($0.0817)
Los indicadores de rendimiento del Fondo muestran un Rendimiento Total Acumulativo del 12.75% desde el inicio del año y un Rendimiento Total Anual Promedio de Cinco Años del 4.79%. La Tasa de Distribución Anualizada Actual se sitúa en el 7.80%, mientras que la Tasa de Distribución Acumulativa para el periodo fiscal es del 0.65%.
코헨 & 스티어스 인프라 펀드 (UTF)가 2025년 1월 배당금 세부사항과 출처를 발표했습니다. 이 펀드는 2015년 3월에 시행된 관리 배당 정책을 유지하며, 고정 비율로 월별 배당금을 제공합니다. 2025년 1월 배당금은 주당 $0.1550로 다음과 같이 구성됩니다:
- 순 투자 소득: 4.97% ($0.0077)
- 순 장기 자본 이득: 42.32% ($0.0656)
- 자본 반환: 52.71% ($0.0817)
펀드의 성과 지표는 올해부터 현재까지 누적 총 수익률 12.75%와 5년 평균 연간 총 수익률 4.79%를 보여줍니다. 현재 수익 연환 배당률은 7.80%이며, 회계 기간 동안 누적 배당률은 0.65%입니다.
Fonds d'Infrastructure Cohen & Steers (UTF) a annoncé les détails et les sources de sa distribution de janvier 2025. Le Fonds maintient une politique de distribution gérée mise en œuvre en mars 2015, offrant des distributions mensuelles à un taux fixe. La distribution de janvier 2025 est de $0.1550 par action, composée de :
- Revenu Net d'Investissement : 4.97% ($0.0077)
- Gains en Capital Réalisés Nets à Long Terme : 42.32% ($0.0656)
- Retour de Capital : 52.71% ($0.0817)
Les indicateurs de performance du Fonds montrent un Rendement Total Cumulé depuis le Début de l'Année de 12.75% et un Rendement Total Annuel Moyen sur Cinq Ans de 4.79%. Le Taux de Distribution Annualisé Actuel est de 7.80%, tandis que le Taux de Distribution Cumulatif pour la période fiscale est de 0.65%.
Cohen & Steers Infrastruktur Fonds (UTF) hat die Details und Quellen der Ausschüttung für Januar 2025 bekannt gegeben. Der Fonds verfolgt eine verwaltete Ausschüttungspolitik, die im März 2015 eingeführt wurde, und bietet monatliche Ausschüttungen zu einem festen Satz an. Die Ausschüttung für Januar 2025 beträgt $0.1550 pro Anteil und setzt sich zusammen aus:
- Nettogewinn aus Investitionen: 4.97% ($0.0077)
- Nettorealisierte langfristige Kapitalgewinne: 42.32% ($0.0656)
- Rückzahlung von Kapital: 52.71% ($0.0817)
Die Leistungskennzahlen des Fonds zeigen eine Jahres-bis-dato kumulierte Gesamtrendite von 12.75% und eine fünfjährige durchschnittliche jährliche Gesamtrendite von 4.79%. Der aktuelle annualisierte Ausschüttungssatz liegt bei 7.80%, während der kumulierte Ausschüttungssatz für den Haushaltszeitraum 0.65% beträgt.
- Year-to-date Cumulative Total Return of 12.75%
- Current Annualized Distribution Rate of 7.80%
- 42.32% of distribution comes from realized long-term capital gains
- 52.71% of distribution represents return of capital, indicating distributions exceed net investment income
- Relatively modest five-year Average Annual Total Return of 4.79%
In March 2015, 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. This 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 MLPs are attributed to various sources, including net investment income and return of capital. 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 | January 2025 | YEAR-TO-DATE (YTD) January 31, 2025* | ||
Source | Per Share | % of Current | Per Share | % of 2025 |
Net Investment Income | 4.97 % | 4.97 % | ||
Net Realized Short-Term Capital Gains | 0.00 % | 0.00 % | ||
Net Realized Long-Term Capital Gains | 42.32 % | 42.32 % | ||
Return of Capital (or other Capital Source) | 52.71 % | 52.71 % | ||
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 December 31, 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 December 31, 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 December 31, 2024 | |
Year-to-date Cumulative Total Return1 | 12.75 % |
Cumulative Distribution Rate2 | 0.65 % |
Five-year period ending December 31, 2024 | |
Average Annual Total Return3 | 4.79 % |
Current Annualized Distribution Rate4 | 7.80 % |
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, 2025 through January 31, 2025) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of December 31, 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 December 31, 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 December 31, 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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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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