Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
Cohen & Steers Infrastructure Fund (UTF) has announced its December 2024 distribution details and sources. The monthly distribution of $0.1550 per share consists of 66% ($0.1023) from net investment income and 34% ($0.0527) from net realized long-term capital gains. Year-to-date distributions total $1.8600 per share, with 47.76% from net investment income and 52.24% from net realized long-term capital gains.
The Fund's performance metrics show a year-to-date cumulative total return of 21.46% and a five-year average annual total return of 7.49%. The current annualized distribution rate stands at 7.19% of NAV. The Fund operates under a managed distribution policy implemented in March 2015, aiming to deliver long-term total returns through regular monthly distributions.
Il Fondo Infrastrutture Cohen & Steers (UTF) ha annunciato i dettagli della distribuzione di dicembre 2024 e le relative fonti. La distribuzione mensile di $0.1550 per azione è composta dal 66% ($0.1023) da reddito netto da investimenti e dal 34% ($0.0527) da plusvalenze nette realizzate a lungo termine. Le distribuzioni da inizio anno ammontano a $1.8600 per azione, di cui il 47.76% proviene da reddito netto da investimenti e il 52.24% da plusvalenze nette realizzate a lungo termine.
I dati sulle performance del Fondo mostrano un ritorno totale cumulativo da inizio anno del 21.46% e un ritorno totale medio annuale su cinque anni del 7.49%. L'attuale tasso di distribuzione annualizzato è pari al 7.19% del NAV. Il Fondo opera secondo una politica di distribuzione gestita attuata a marzo 2015, mirata a fornire rendimenti totali a lungo termine attraverso regolari distribuzioni mensili.
El Fondo de Infraestructura Cohen & Steers (UTF) ha anunciado los detalles de la distribución de diciembre de 2024 y sus fuentes. La distribución mensual de $0.1550 por acción consiste en el 66% ($0.1023) de ingresos netos por inversiones y el 34% ($0.0527) de ganancias de capital netas realizadas a largo plazo. Las distribuciones acumuladas desde el inicio del año totalizan $1.8600 por acción, con un 47.76% de ingresos netos por inversiones y un 52.24% de ganancias de capital netas realizadas a largo plazo.
Las métricas de rendimiento del Fondo muestran un retorno total acumulado desde el inicio del año del 21.46% y un retorno total anual promedio a cinco años del 7.49%. La tasa de distribución anualizada actual se sitúa en un 7.19% del NAV. El Fondo opera bajo una política de distribución gestionada implementada en marzo de 2015, con el objetivo de ofrecer rendimientos totales a largo plazo mediante distribuciones mensuales regulares.
코헨 & 스티어스 인프라 펀드 (UTF)는 2024년 12월 배당세부정보 및 출처를 발표하였습니다. 주당 월 배당금 $0.1550은 66% ($0.1023)가 순투자소득에서, 34% ($0.0527)가 순실현장기자본이득에서 발생합니다. 연초 누적 배당금은 주당 $1.8600이며, 이 중 47.76%는 순투자소득에서, 52.24%는 순실현장기자본이득에서 나타납니다.
펀드의 성과 지표는 연초 누적 총 수익률이 21.46%이며, 5년 평균 연간 총 수익률은 7.49%임을 보여줍니다. 현재 연간 배당률은 NAV의 7.19%입니다. 본 펀드는 2015년 3월에 시행된 관리배당 정책에 따라 운영되며, 목표는 정기적인 월간 배당을 통해 장기 총 수익을 제공하는 것입니다.
Le Fonds d'Infrastructure Cohen & Steers (UTF) a annoncé les détails de sa distribution de décembre 2024 et ses sources. La distribution mensuelle de 0.1550 $ par action se compose de 66 % (0.1023 $) de revenus nets d'investissement et de 34 % (0.0527 $) de gains en capital nets réalisés à long terme. Les distributions depuis le début de l'année totalisent 1.8600 $ par action, dont 47.76 % proviennent des revenus nets d'investissement et 52.24 % des gains en capital nets réalisés à long terme.
Les métriques de performance du Fonds montrent un rendement total cumulé depuis le début de l'année de 21.46 % et un rendement total annuel moyen sur cinq ans de 7.49 %. Le taux de distribution annualisé actuel se situe à 7.19 % de la NAV. Le Fonds fonctionne selon une politique de distribution gérée mise en œuvre en mars 2015, visant à offrir des rendements totaux à long terme par le biais de distributions mensuelles régulières.
Cohen & Steers Infrastruktur Fonds (UTF) hat die Details zur Ausschüttung für Dezember 2024 und die dafür verwendeten Quellen bekanntgegeben. Die monatliche Ausschüttung von $0.1550 pro Aktie setzt sich aus 66% ($0.1023) aus Nettoinvestment-Einkommen und 34% ($0.0527) aus realisierten langfristigen Kapitalgewinnen zusammen. Die Ausschüttungen seit Jahresbeginn belaufen sich insgesamt auf $1.8600 pro Aktie, wobei 47.76% aus Nettoinvestment-Einkommen und 52.24% aus realisierten langfristigen Kapitalgewinnen stammen.
Die Leistungskennzahlen des Fonds zeigen eine kumulative Gesamtrendite seit Jahresbeginn von 21.46% und eine fünfjährige durchschnittliche jährliche Gesamtrendite von 7.49%. Der aktuelle annualisierte Ausschüttungszins beträgt 7.19% des NAV. Der Fonds operiert nach einer im März 2015 eingeführten verwalteten Ausschüttungspolitik, die darauf abzielt, langfristige Gesamtrenditen durch regelmäßige monatliche Ausschüttungen zu liefern.
- Strong year-to-date cumulative total return of 21.46%
- Solid five-year average annual total return of 7.49%
- Consistent distribution rate of 7.19%
- No return of capital in current distributions, indicating earnings cover payouts
- None.
Insights
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 | December 2024 | YEAR-TO-DATE (YTD) December 31, 2024* | ||
Source | Per Share | % of Current | Per Share | % of 2024 |
Net Investment Income | 66.00 % | 47.76 % | ||
Net Realized Short-Term Capital Gains | 0.00 % | 0.00 % | ||
Net Realized Long-Term Capital Gains | 34.00 % | 52.24 % | ||
Return of Capital (or other Capital Source) | 0.00 % | 0.00 % | ||
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 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 November 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 November 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 November 30, 2024 | |
Year-to-date Cumulative Total Return1 | 21.46 % |
Cumulative Distribution Rate2 | 7.19 % |
Five-year period ending November 30, 2024 | |
Average Annual Total Return3 | 7.49 % |
Current Annualized Distribution Rate4 | 7.19 % |
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 December 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 November 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 November 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 November 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
Forward-Looking Statements
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.
View original content:https://www.prnewswire.com/news-releases/cohen--steers-infrastructure-fund-inc-utf-notification-of-sources-of-distribution-under-section-19a-302334335.html
SOURCE Cohen & Steers, Inc.
FAQ
What is the December 2024 distribution amount for Cohen & Steers Infrastructure Fund (UTF)?
What is UTF's year-to-date cumulative total return for 2024?
What is UTF's current annualized distribution rate?
How much has UTF distributed to shareholders year-to-date in 2024?
What is UTF's five-year average annual total return?
