Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Notification of Sources of Distribution Under Section 19(a)
Cohen & Steers Quality Income Realty Fund (NYSE: RQI) has announced its upcoming distribution payment scheduled for February 28, 2025. The Fund operates under a managed distribution policy implemented in December 2012, which aims to deliver long-term total returns through regular monthly distributions at fixed rates per share.
The distributions may include various components such as long-term capital gains, short-term capital gains, net investment income, and/or return of capital. The Fund notes that return of capital distributions reduce shareholders' tax basis and are not taxable. Additionally, distributions from REIT investments may be later characterized as capital gains or return of capital.
The Fund emphasizes that distribution amounts may vary based on portfolio and market conditions. The Board retains the right to modify or terminate the distribution policy, which could impact the Fund's market price.
Il Cohen & Steers Quality Income Realty Fund (NYSE: RQI) ha annunciato il prossimo pagamento della distribuzione previsto per il 28 febbraio 2025. Il Fondo opera secondo una politica di distribuzione gestita implementata nel dicembre 2012, che mira a fornire rendimenti totali a lungo termine attraverso distribuzioni mensili regolari a tassi fissi per azione.
Le distribuzioni possono includere vari componenti come guadagni in conto capitale a lungo termine, guadagni in conto capitale a breve termine, reddito da investimenti netti e/o restituzione di capitale. Il Fondo osserva che le distribuzioni di restituzione di capitale riducono la base fiscale degli azionisti e non sono tassabili. Inoltre, le distribuzioni provenienti da investimenti REIT possono essere successivamente caratterizzate come guadagni in conto capitale o restituzione di capitale.
Il Fondo sottolinea che gli importi delle distribuzioni possono variare in base alle condizioni del portafoglio e del mercato. Il Consiglio mantiene il diritto di modificare o terminare la politica di distribuzione, il che potrebbe influenzare il prezzo di mercato del Fondo.
El Cohen & Steers Quality Income Realty Fund (NYSE: RQI) ha anunciado su próximo pago de distribución programado para el 28 de febrero de 2025. El Fondo opera bajo una política de distribución gestionada implementada en diciembre de 2012, que tiene como objetivo ofrecer rendimientos totales a largo plazo a través de distribuciones mensuales regulares a tasas fijas por acción.
Las distribuciones pueden incluir varios componentes como ganancias de capital a largo plazo, ganancias de capital a corto plazo, ingresos netos de inversión y/o devolución de capital. El Fondo señala que las distribuciones de devolución de capital reducen la base fiscal de los accionistas y no son gravables. Además, las distribuciones de inversiones en REIT pueden ser posteriormente caracterizadas como ganancias de capital o devolución de capital.
El Fondo enfatiza que los montos de las distribuciones pueden variar según las condiciones del portafolio y del mercado. La Junta se reserva el derecho de modificar o terminar la política de distribución, lo que podría afectar el precio de mercado del Fondo.
코헨 & 스티어스 퀄리티 인컴 리얼티 펀드 (NYSE: RQI)는 2025년 2월 28일 예정된 배당금 지급을 발표했습니다. 이 펀드는 2012년 12월에 시행된 관리 배당 정책에 따라 운영되며, 고정된 주당 배당금을 통해 장기적인 총 수익을 제공하는 것을 목표로 합니다.
배당금에는 장기 자본 이득, 단기 자본 이득, 순 투자 수익 및/또는 자본 반환과 같은 다양한 구성 요소가 포함될 수 있습니다. 이 펀드는 자본 반환 배당금이 주주의 세금 기준을 줄이며 과세되지 않는다고 언급합니다. 또한, REIT 투자에서의 배당금은 나중에 자본 이득이나 자본 반환으로 분류될 수 있습니다.
이 펀드는 배당금 금액이 포트폴리오 및 시장 상황에 따라 달라질 수 있음을 강조합니다. 이사회는 배당 정책을 수정하거나 종료할 권리를 보유하고 있으며, 이는 펀드의 시장 가격에 영향을 미칠 수 있습니다.
Le Cohen & Steers Quality Income Realty Fund (NYSE: RQI) a annoncé son prochain paiement de distribution prévu pour le 28 février 2025. Le Fonds fonctionne selon une politique de distribution gérée mise en œuvre en décembre 2012, qui vise à fournir des rendements totaux à long terme par le biais de distributions mensuelles régulières à des taux fixes par action.
Les distributions peuvent inclure divers composants tels que 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. Le Fonds note que les distributions de retour de capital réduisent la base imposable des actionnaires et ne sont pas imposables. De plus, les distributions provenant d'investissements REIT peuvent être ultérieurement qualifiées de gains en capital ou de retour de capital.
Le Fonds souligne que les montants des distributions peuvent varier en fonction des conditions du portefeuille et du marché. Le Conseil d'administration se réserve le droit de modifier ou de mettre fin à la politique de distribution, ce qui pourrait avoir un impact sur le prix du marché du Fonds.
Der Cohen & Steers Quality Income Realty Fund (NYSE: RQI) hat die bevorstehende Ausschüttung für den 28. Februar 2025 angekündigt. Der Fonds operiert unter einer im Dezember 2012 eingeführten verwalteten Ausschüttungspolitik, die darauf abzielt, langfristige Gesamterträge durch regelmäßige monatliche Ausschüttungen zu festen Sätzen pro Aktie zu erzielen.
Die Ausschüttungen können verschiedene Komponenten wie langfristige Kapitalgewinne, kurzfristige Kapitalgewinne, netto Investitionseinkommen und/oder Rückzahlung von Kapital umfassen. Der Fonds weist darauf hin, dass Rückzahlungen von Kapital die Steuerbasis der Aktionäre reduzieren und nicht steuerpflichtig sind. Darüber hinaus können Ausschüttungen aus REIT-Investitionen später als Kapitalgewinne oder Rückzahlungen von Kapital charakterisiert werden.
Der Fonds betont, dass die Ausschüttungsbeträge je nach Portfolio- und Marktbedingungen variieren können. Der Vorstand behält sich das Recht vor, die Ausschüttungspolitik zu ändern oder zu beenden, was den Marktpreis des Fonds beeinflussen könnte.
- Consistent monthly distribution policy provides regular income to shareholders
- Flexibility to realize and distribute long-term capital gains throughout the year
- Board can modify or terminate distribution policy, potentially affecting share price negatively
- Distribution amounts may vary based on market conditions
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 | February 2025 | YEAR-TO-DATE (YTD) February 28, 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 2025 (January 1, 2025 through January 31, 2025) 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 2025. In addition, the Fund's Average Annual Total Return for the five-year period ending January 31, 2025 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2025. 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, 2025 to January 31, 2025 | |
Year-to-date Cumulative Total Return1 | 1.02 % |
Cumulative Distribution Rate2 | 1.24 % |
Five-year period ending January 31, 2025 | |
Average Annual Total Return3 | 4.98 % |
Current Annualized Distribution Rate4 | 7.45 % |
1. | Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period |
2. | Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2025 through February 28, 2025) |
3. | Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for |
4. | The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage |
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.
FAQ
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