Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Notification of Sources of Distribution Under Section 19(a)
Cohen & Steers Quality Income Realty Fund (RQI) has announced its December 2024 distribution details under its managed distribution policy. The Fund will distribute $0.0800 per share on December 31, 2024, comprising 92.88% from net investment income and 7.12% from net realized long-term capital gains.
The Fund's year-to-date performance shows a 17.76% cumulative total return and a 6.70% cumulative distribution rate. Over the five-year period ending November 30, 2024, the Fund achieved an average annual total return of 7.45% with a current annualized distribution rate of 6.70%.
Il Cohen & Steers Quality Income Realty Fund (RQI) ha annunciato i dettagli della distribuzione di dicembre 2024 secondo la sua politica di distribuzione gestita. Il Fondo distribuirà $0.0800 per azione il 31 dicembre 2024, di cui il 92.88% proviene da reddito netto da investimenti e il 7.12% da guadagni in conto capitale a lungo termine realizzati.
Le performance del Fondo dall'inizio dell'anno mostrano un rendimento totale cumulativo del 17.76% e un tasso di distribuzione cumulativo del 6.70%. Nel periodo di cinque anni che si conclude il 30 novembre 2024, il Fondo ha registrato un rendimento totale medio annuo del 7.45% con un attuale tasso di distribuzione annualizzato del 6.70%.
El Cohen & Steers Quality Income Realty Fund (RQI) ha anunciado los detalles de su distribución de diciembre de 2024 bajo su política de distribución gestionada. El Fondo distribuirá $0.0800 por acción el 31 de diciembre de 2024, de los cuales el 92.88% proviene de ingresos netos de inversión y el 7.12% de ganancias de capital a largo plazo realizadas.
El rendimiento del Fondo hasta la fecha muestra un retorno total acumulado del 17.76% y una tasa de distribución acumulada del 6.70%. Durante el periodo de cinco años que finaliza el 30 de noviembre de 2024, el Fondo logró un retorno total anual promedio del 7.45% con una tasa de distribución anualizada actual del 6.70%.
코헨 & 스티어스 퀄리티 인컴 리얼티 펀드 (RQI)가 관리 배당 정책에 따른 2024년 12월 배당 세부 정보를 발표했습니다. 펀드는 2024년 12월 31일에 주당 $0.0800을 분배할 예정이며, 그 중 92.88%는 순투자 소득에서, 7.12%는 실현된 장기 자본 이익에서 나옵니다.
펀드의 연초부터 현재까지 성과는 17.76%의 누적 총 수익률과 6.70%의 누적 배당률을 보여줍니다. 2024년 11월 30일에 종료되는 5년 기간 동안, 펀드는 연평균 총 수익률 7.45%를 기록했으며 현재 연환산 배당률은 6.70%입니다.
Le Cohen & Steers Quality Income Realty Fund (RQI) a annoncé les détails de sa distribution de décembre 2024 dans le cadre de sa politique de distribution gérée. Le Fonds distribuera 0,0800 $ par action le 31 décembre 2024, dont 92,88 % proviennent des revenus nets d'investissement et 7,12 % des plus-values à long terme réalisées.
La performance du Fonds depuis le début de l'année montre un retour total cumulé de 17,76 % et un taux de distribution cumulé de 6,70 %. Au cours de la période de cinq ans se terminant le 30 novembre 2024, le Fonds a atteint un retour total annuel moyen de 7,45 %, avec un taux de distribution annualisé actuel de 6,70 %.
Der Cohen & Steers Quality Income Realty Fund (RQI) hat die Details zur Ausschüttung im Dezember 2024 im Rahmen seiner verwalteten Ausschüttungspolitik bekannt gegeben. Der Fonds wird am 31. Dezember 2024 $0.0800 pro Aktie ausschütten, wobei 92.88% aus Nettoanlageerträgen und 7.12% aus realisierten langfristigen Kapitalgewinnen stammen.
Die bisherige Performance des Fonds zeigt eine kumulative Gesamtrendite von 17.76% und eine kumulative Ausschüttungsquote von 6.70%. Im Zeitraum von fünf Jahren bis zum 30. November 2024 erzielte der Fonds eine durchschnittliche jährliche Gesamtrendite von 7.45% bei einer aktuellen annualisierten Ausschüttungsquote von 6.70%.
- Strong year-to-date cumulative total return of 17.76%
- Solid five-year average annual total return of 7.45%
- Consistent distribution rate of 6.70% annually
- No return of capital in distributions, indicating earnings cover payouts
- None.
Insights
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 | December 2024 | YEAR-TO-DATE (YTD) | ||
Source | Per Share | % of Current | Per Share | % of 2024 |
Net Investment Income | 92.88 % | 35.65 % | ||
Net Realized Short-Term Capital Gains | 0.00 % | 0.00 % | ||
Net Realized Long-Term Capital Gains | 7.12 % | 64.35 % | ||
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 | 17.76 % |
Cumulative Distribution Rate2 | 6.70 % |
Five-year period ending November 30, 2024 | |
Average Annual Total Return3 | 7.45 % |
Current Annualized Distribution Rate4 | 6.70 % |
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.
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SOURCE Cohen & Steers, Inc.
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