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 January 2025 distribution details under its managed distribution policy. The Fund will distribute $0.0800 per common share on January 31, 2025, consisting entirely of net realized long-term capital gains.
The Fund's performance metrics show a year-to-date cumulative total return of 6.19% and a five-year average annual total return of 5.14%. The current annualized distribution rate stands at 7.48% of NAV, with a cumulative distribution rate of 0.62% for the fiscal period.
The managed distribution policy, implemented in December 2012, aims to deliver the Fund's long-term total return potential through regular monthly distributions. Distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital, with final tax characteristics to be determined at year-end.
Il Cohen & Steers Quality Income Realty Fund (RQI) ha annunciato i dettagli della distribuzione di gennaio 2025 secondo la sua politica di distribuzione gestita. Il Fondo distribuirà $0.0800 per azione comune il 31 gennaio 2025, costituito interamente da guadagni di capitale a lungo termine netti realizzati.
I metriche di performance del Fondo mostrano un ritorno totale cumulativo da inizio anno del 6,19% e un ritorno totale medio annuo su cinque anni del 5,14%. L'attuale tasso di distribuzione annualizzato si attesta al 7,48% del NAV, con un tasso di distribuzione cumulativa dello 0,62% per il periodo fiscale.
La politica di distribuzione gestita, implementata a dicembre 2012, ha l'obiettivo di offrire il potenziale di rendimento totale a lungo termine del Fondo attraverso distribuzioni mensili regolari. Le distribuzioni possono includere guadagni di capitale a lungo termine, guadagni di capitale a breve termine, reddito netto da investimenti e/o restituzione di capitale, con le caratteristiche fiscali finali che saranno determinate a fine anno.
El Cohen & Steers Quality Income Realty Fund (RQI) ha anunciado los detalles de su distribución de enero de 2025 bajo su política de distribución gestionada. El Fondo distribuirá $0.0800 por acción común el 31 de enero de 2025, compuesto enteramente por ganancias de capital a largo plazo netas realizadas.
Los métricas de desempeño del Fondo muestran un retorno total acumulado desde el inicio del año del 6.19% y un retorno total promedio anual a cinco años del 5.14%. La tasa de distribución anualizada actual se sitúa en el 7.48% del NAV, con una tasa de distribución acumulada del 0.62% para el período fiscal.
La política de distribución gestionada, implementada en diciembre de 2012, tiene como objetivo proporcionar el potencial de rendimiento total a largo plazo del Fondo a través de distribuciones mensuales regulares. Las distribuciones pueden incluir ganancias de capital a largo plazo, ganancias de capital a corto plazo, ingresos netos de inversiones y/o retorno de capital, con las características fiscales finales que se determinarán al final del año.
코헨 & 스티어스 품질 소득 부동산 펀드 (RQI)가 관리 배당 정책에 따라 2025년 1월 배당 세부사항을 발표했습니다. 이 펀드는 2025년 1월 31일에 보통주당 $0.0800를 배당하며, 이는 모두 순 실현된 장기 자본 이익으로 구성됩니다.
펀드의 성과 지표는 연초 누적 총 수익률이 6.19%이고 5년 평균 연간 총 수익률이 5.14%임을 보여줍니다. 현재 연환산 배당률은 NAV의 7.48%이며, 회계 기간에 대한 누적 배당률은 0.62%입니다.
2012년 12월에 시행된 관리 배당 정책은 정기적인 월별 배당금을 통해 펀드의 장기 총 수익 잠재력을 제공하는 것을 목표로 하고 있습니다. 배당금에는 장기 자본 이익, 단기 자본 이익, 순 투자 수익 및/또는 자본 반환이 포함될 수 있으며, 최종 세금 특성은 연말에 결정됩니다.
Le Cohen & Steers Quality Income Realty Fund (RQI) a annoncé les détails de distribution de janvier 2025 dans le cadre de sa politique de distribution gérée. Le Fonds distribuera 0,0800 $ par action ordinaire le 31 janvier 2025, constitué entièrement de gains en capital à long terme nets réalisés.
Les indicateurs de performance du Fonds montrent un retour total cumulé depuis le début de l'année de 6,19% et un retour total moyen annuel sur cinq ans de 5,14%. Le taux de distribution annualisé actuel s'élève à 7,48% de la NAV, avec un taux de distribution cumulé de 0,62% pour la période fiscale.
La politique de distribution gérée, mise en œuvre en décembre 2012, vise à offrir le potentiel de rendement total à long terme du Fonds par le biais de distributions mensuelles régulières. Les distributions peuvent inclure des gains en capital à long terme, des gains en capital à court terme, des revenus nets d'investissement et/ou un retour de capital, les caractéristiques fiscales finales devant être déterminées à la fin de l'année.
Der Cohen & Steers Quality Income Realty Fund (RQI) hat die Einzelheiten zur Ausschüttung im Januar 2025 im Rahmen seiner verwalteten Ausschüttungspolitik bekannt gegeben. Der Fonds wird am 31. Januar 2025 eine Ausschüttung von $0,0800 pro Stammaktie vornehmen, die vollständig aus realisierten Nettogewinnen aus langfristigen Kapitalanlagen besteht.
Die Leistungskennzahlen des Fonds zeigen eine jährliche kumulierte Gesamtrendite von 6,19% und eine fünfjährige durchschnittliche jährliche Gesamtrendite von 5,14%. Der aktuelle annualisierte Ausschüttungssatz liegt bei 7,48% des NAV, mit einem kumulierten Ausschüttungssatz von 0,62% für den Haushaltszeitraum.
Die verwaltete Ausschüttungspolitik, die im Dezember 2012 eingeführt wurde, zielt darauf ab, das langfristige Gesamtrenditepotenzial des Fonds durch regelmäßige monatliche Ausschüttungen zu bieten. Ausschüttungen können langfristige Kapitalgewinne, kurzfristige Kapitalgewinne, Nettokapitaleinkommen und/oder Rückzahlung von Kapital umfassen, wobei die endgültigen steuerlichen Merkmale zum Jahresende festgelegt werden.
- Year-to-date cumulative total return of 6.19%
- Current annualized distribution rate of 7.48%
- Five-year average annual total return of 5.14%
- 100% of distribution comes from realized long-term capital gains
- None.
Insights
The latest distribution announcement from Cohen & Steers Quality Income Realty Fund presents several noteworthy aspects for investors. The $0.0800 per share monthly distribution being sourced entirely from net realized long-term capital gains is particularly significant, as it indicates successful portfolio management in capturing appreciation from long-term holdings.
The Fund's performance metrics reveal interesting patterns. The
The managed distribution policy's flexibility in realizing and distributing long-term capital gains throughout the year offers several advantages:
- More predictable income streams for investors
- Potentially more efficient tax management opportunities
- Better portfolio management flexibility for the fund managers
The fact that distributions are entirely from long-term capital gains, rather than return of capital or short-term gains, is particularly advantageous from a tax efficiency perspective for long-term investors. This composition suggests strong underlying portfolio performance and effective realization of gains from the Fund's REIT investments.
The spread between the cumulative distribution rate (
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 | January 2025 | YEAR-TO-DATE (YTD) January 31, 2025* | ||
Source | Per Share | % of Current | Per Share | % of 2025 |
Net Investment Income | 0.00 % | 0.00 % | ||
Net Realized Short-Term Capital Gains | 0.00 % | 0.00 % | ||
Net Realized Long-Term Capital Gains | 100.00 % | 100.00 % | ||
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 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 | 6.19 % |
Cumulative Distribution Rate2 | 0.62 % |
Five-year period ending December 31, 2024 | |
Average Annual Total Return3 | 5.14 % |
Current Annualized Distribution Rate4 | 7.48 % |
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
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-quality-income-realty-fund-inc-rqi-notification-of-sources-of-distribution-under-section-19a-302363832.html
SOURCE Cohen & Steers, Inc.
FAQ
What is RQI's current distribution amount per share for January 2025?
What is RQI's year-to-date cumulative total return for 2024?
What is RQI's current annualized distribution rate?
What is the source of RQI's January 2025 distribution?
What is RQI's five-year average annual total return?
