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 November 2024 distribution details under its managed distribution policy. The current distribution of $0.0800 per share consists of 19.63% from Net Investment Income ($0.0157) and 80.37% from Net Realized Long-Term Capital Gains ($0.0643). Year-to-date through October 31, 2024, the Fund has achieved a 13.64% cumulative total return with a 6.33% cumulative distribution rate. The Fund's five-year average annual total return stands at 6.31%, with a current annualized distribution rate of 6.91%.
Il Cohen & Steers Quality Income Realty Fund (NYSE: RQI) ha annunciato i dettagli della distribuzione per novembre 2024 secondo la sua politica di distribuzione gestita. L'attuale distribuzione di $0.0800 per azione è composta da 19,63% di Reddito Netto da Investimenti ($0.0157) e 80,37% di Guadagni di Capitale Realizzati a Lungo Termine Netti ($0.0643). Da inizio anno fino al 31 ottobre 2024, il Fondo ha registrato un 13,64% di rendimento totale cumulato con un tasso di distribuzione cumulativo del 6,33%. Il rendimento totale medio annuale del fondo su cinque anni è del 6,31%, con un attuale tasso di distribuzione annualizzato del 6,91%.
El Cohen & Steers Quality Income Realty Fund (NYSE: RQI) ha anunciado los detalles de su distribución para noviembre de 2024 bajo su política de distribución gestionada. La distribución actual de $0.0800 por acción se compone de 19.63% de Ingresos Netos de Inversión ($0.0157) y 80.37% de Ganancias de Capital a Largo Plazo Realizadas Netas ($0.0643). Hasta el 31 de octubre de 2024, el Fondo ha logrado un 13.64% de rendimiento total acumulado con una tasa de distribución acumulativa del 6.33%. El rendimiento total anual promedio del fondo durante cinco años es del 6.31%, con una tasa de distribución anualizada actual del 6.91%.
Cohen & Steers Quality Income Realty Fund (NYSE: RQI)는 관리 배당 정책에 따른 2024년 11월 배당 세부 사항을 발표했습니다. 현재 주당 배당금은 $0.0800이며, 이는 19.63%의 순 투자 수익 ($0.0157)과 80.37%의 순 장기 자본 이득 ($0.0643)로 구성됩니다. 2024년 10월 31일까지 연초 대비 이 펀드는 13.64%의 누적 전체 수익률을 기록했으며, 6.33%의 누적 배당률을 보여줍니다. 이 펀드의 5년 평균 연간 전체 수익률은 6.31%이며, 현재 연환산 배당률은 6.91%입니다.
Le Cohen & Steers Quality Income Realty Fund (NYSE: RQI) a annoncé les détails de sa distribution de novembre 2024 dans le cadre de sa politique de distribution gérée. La distribution actuelle de 0,0800 $ par action se compose de 19,63 % de Revenu Net d'Investissement (0,0157 $) et de 80,37 % de Plus-Values Réalisées à Long Terme Nette (0,0643 $). À ce jour, jusqu'au 31 octobre 2024, le Fonds a réalisé un rendement total cumulé de 13,64 % avec un taux de distribution cumulé de 6,33 %. Le rendement total annuel moyen du fonds sur cinq ans s'élève à 6,31 %, avec un taux de distribution annualisé actuel de 6,91 %.
Der Cohen & Steers Quality Income Realty Fund (NYSE: RQI) hat die Verteilungsdetails für November 2024 gemäß seiner verwalteten Verteilungspolitik bekannt gegeben. Die aktuelle Verteilung von $0,0800 pro Aktie setzt sich aus 19,63% aus Nettokapitalerträgen ($0,0157) und 80,37% aus realisierten Nettogewinnen bei langfristigen Kapitalanlagen ($0,0643) zusammen. Bis zum 31. Oktober 2024 hat der Fonds eine kumulative Gesamtrendite von 13,64% erzielt, mit einer kumulierten Ausschüttungsquote von 6,33%. Die durchschnittliche jährliche Gesamtrendite des Fonds über fünf Jahre beträgt 6,31%, bei einer aktuellen annualisierten Ausschüttungsquote von 6,91%.
- Year-to-date cumulative total return of 13.64%
- 80.37% of distribution comes from realized long-term capital gains
- Current annualized distribution rate of 6.91%
- Five-year average annual total return of 6.31%
- None.
Insights
This distribution announcement reveals key insights into RQI's financial health and distribution strategy. The fund maintains a robust distribution policy with
The current annualized distribution rate of
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 | November 2024 | YEAR-TO-DATE (YTD) November 30, 2024* | ||
Source | Per Share | % of Current | Per Share | % of 2024 |
Net Investment Income | 19.63 % | 30.00 % | ||
Net Realized Short-Term Capital Gains | 0.00 % | 0.00 % | ||
Net Realized Long-Term Capital Gains | 80.37 % | 70.00 % | ||
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 October 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 October 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 October 31, 2024 | |
Year-to-date Cumulative Total Return1 | 13.64 % |
Cumulative Distribution Rate2 | 6.33 % |
Five-year period ending October 31, 2024 | |
Average Annual Total Return3 | 6.31 % |
Current Annualized Distribution Rate4 | 6.91 % |
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 November 30, 2024) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of October 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 October 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 October 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
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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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