Welcome to our dedicated page for Cohen and Steers Total Return Realty Fund news (Ticker: RFI), a resource for investors and traders seeking the latest updates and insights on Cohen and Steers Total Return Realty Fund stock.
Cohen & Steers Total Return Realty Fund Inc. (NYSE: RFI) is a diversified, closed-end management investment company that aims to achieve a high total return by investing in real estate securities. The company primarily invests in the equity securities of real estate companies, including common shares, real estate investment trusts (REITs), rights or warrants, convertible securities, and preferred shares.
Overview and Core Business
Founded in 1986, Cohen & Steers is a global investment manager renowned for specializing in liquid real assets such as real estate securities, listed infrastructure, commodities, and natural resource equities. The firm also manages preferred securities and other income solutions, aiming to provide investors with solid, long-term returns. Headquartered in New York City, Cohen & Steers operates additional offices in London, Hong Kong, Tokyo, Dublin, and Seattle.
Investment Strategy and Objectives
The main objective of Cohen & Steers Total Return Realty Fund Inc. is to deliver high total returns through strategic investments in real estate securities. The Fund has implemented a managed distribution policy to provide consistent and regular monthly distributions to its shareholders. This policy gives the Fund flexibility to realize long-term capital gains throughout the year. These distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes.
Recent Developments
- Distributions and Returns: The latest press release dated October 30, 2023, indicates that the Fund has been paying monthly distributions under its managed distribution policy. The Fund's Year-to-date Cumulative Total Return for fiscal year 2023 (January 1, 2023, through September 30, 2023) is detailed in their reports. According to the latest updates, the Fund's Average Annual Total Return for the five-year period ending September 30, 2023, is also available.
- Fiscal Year Updates: Additional fiscal updates have been provided through press releases dated November 29, 2023, December 22, 2023, January 29, 2024, and up to the latest on May 28, 2024. Each of these updates includes detailed information on the Fund’s distribution rates, cumulative returns, and performance metrics.
Financial Reporting and Tax Information
The Fund provides detailed financial reports and regulatory filings, available through their website and the Securities and Exchange Commission's EDGAR Database. It is critical for shareholders to read these reports carefully before investing. The actual tax characteristics of the Fund's distributions are finalized and reported on Form 1099-DIV after the calendar year ends.
Global Presence and Partnerships
Cohen & Steers maintains a strong global presence with offices in key financial hubs around the world. This extensive network enhances their investment capabilities and offers substantial benefits to their investors through diversified portfolios and specialized investment strategies.
Conclusion
Investors looking for high total returns through real estate securities may find Cohen & Steers Total Return Realty Fund Inc. a compelling option. With its managed distribution policy, strategic asset allocation, and robust global operations, the Fund aims to deliver consistent performance and value to its shareholders. For the latest updates and detailed financial performance, investors are encouraged to consult the Fund's reports and press releases, accessible through their official website and regulatory filings.
Cohen & Steers Total Return Realty Fund (NYSE: RFI) has announced its December 2024 distribution details and year-to-date performance metrics. The Fund's December distribution of $0.0800 per share comprises 70.38% from net investment income and 29.62% from net realized long-term capital gains. Year-to-date distributions total $0.9600 per share, sourced from net investment income (32.04%), short-term capital gains (8.76%), and long-term capital gains (59.20%).
The Fund's performance metrics show a year-to-date cumulative total return of 13.45% and a cumulative distribution rate of 7.62%. The five-year average annual total return ending November 30, 2024, stands at 6.08%, with a current annualized distribution rate of 7.62%.
Cohen & Steers Total Return Realty Fund (NYSE: RFI) has announced its November 2024 distribution details and year-to-date performance. The Fund's distribution of $0.0800 per share comprises 18% from net investment income, 4.50% from short-term capital gains, 55.25% from long-term capital gains, and 22.25% from return of capital. The Fund's year-to-date cumulative total return through October 31, 2024, is 10.59%, with a current annualized distribution rate of 7.77%. The Fund's five-year average annual total return ending October 31, 2024, stands at 5.29%.
Cohen & Steers Total Return Realty Fund (RFI) has announced its October 2024 distribution details. The Fund's current distribution of $0.0800 per share comprises 17.13% from net investment income and 82.87% from net realized long-term capital gains. Year-to-date distributions total $0.8000 per share, sourced from net investment income (29.51%), short-term capital gains (14.26%), long-term capital gains (52.68%), and return of capital (3.55%). The Fund's year-to-date cumulative total return through September 2024 is 13.52%, with a current annualized distribution rate of 7.52% and a five-year average annual total return of 5.96%.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its distribution sources for September 30, 2024, and cumulative distributions for the fiscal year-to-date. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. For September 2024, the distribution of $0.0800 per share comprises 61.88% from net investment income and 38.12% from net realized long-term capital gains.
The Fund's year-to-date cumulative total return from January 1 to August 31, 2024, is 10.16%, with a cumulative distribution rate of 5.77%. The five-year average annual total return ending August 31, 2024, is 5.61%, with a current annualized distribution rate of 7.70%. Shareholders are advised that the Fund may distribute more than its income and capital gains, resulting in a return of capital, which is not taxable but reduces the shareholder's tax basis in Fund shares.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its distribution for August 30, 2024, under its managed distribution policy. The policy aims to deliver the Fund's long-term total return potential through regular monthly distributions. The current distribution of $0.0800 per share includes:
- 14.38% from Net Investment Income
- 6.24% from Net Realized Short-Term Capital Gains
- 38.38% from Net Realized Long-Term Capital Gains
- 41.00% from Return of Capital
The Fund's Year-to-date Cumulative Total Return is 5.34%, with a Cumulative Distribution Rate of 5.33%. The Five-year Average Annual Total Return is 5.67%, and the Current Annualized Distribution Rate is 8.00%. Shareholders are advised that the distribution may include a return of capital, which is not taxable but reduces the shareholder's tax basis in Fund shares.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) has announced its July 2024 distribution details. The Fund follows a managed distribution policy to deliver long-term total return potential through regular monthly distributions. For July 2024, the distribution is $0.0800 per share, with sources including:
- 7.00% from Net Investment Income
- 18.63% from Net Realized Long-Term Capital Gains
- 74.37% from Return of Capital
Year-to-date, the Fund has distributed $0.5600 per share. The Fund's year-to-date cumulative total return is -0.07%, with a cumulative distribution rate of 4.89%. The Fund's five-year average annual total return is 4.93%, with a current annualized distribution rate of 8.38%.
Cohen & Steers Total Return Realty Fund (RFI) announced the breakdown of its June 28, 2024 distribution and cumulative distributions for the fiscal year. The Fund uses a managed distribution policy to deliver consistent monthly payouts, combining long-term capital gains, short-term capital gains, net investment income, and return of capital. The June distribution per share is $0.0800, split into $0.0642 from net investment income and $0.0158 from long-term capital gains. Year-to-date, distributions total $0.4800 per share. The policy, however, may be amended or terminated by the Board, potentially impacting the share price. The Fund's year-to-date cumulative total return is -1.80%, with a cumulative distribution rate of 4.23%. Over five years, the average annual total return is 4.80%, while the current annualized distribution rate is 8.47%.
Shareholders are advised not to draw performance conclusions solely from distributions. The actual tax characteristics will be provided in Form 1099-DIV at year-end.
Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced details on the distribution to be paid on May 31, 2024, and cumulative distributions for the fiscal year. The Fund follows a managed distribution policy to deliver long-term total returns through fixed monthly distributions. Distributions may include capital gains, net investment income, or return of capital. The Fund's Board can amend this policy anytime, potentially impacting the Fund's market price.
For May 2024, the distribution is $0.0800 per share, primarily from long-term capital gains (88.62%). Year-to-date, distributions total $0.4000 per share, with 58.74% being a return of capital. The Fund reported a YTD cumulative total return of -6.79% and a five-year average annual total return of 4.00% as of April 30, 2024. Investors should note that return of capital reduces their tax basis and is not immediately taxable.
Cohen & Steers Total Return Realty Fund, Inc. (RFI) provided information on sources of distribution for shareholders, with a managed distribution policy in place since December 2011. The policy aims to deliver long-term total return potential through regular monthly distributions, including various sources like capital gains and return of capital. The distribution estimates for April 2024 were detailed, with a breakdown of sources and percentages for the current distribution and year-to-date distributions. Shareholders were reminded not to base investment performance solely on distributions and to be aware of potential return of capital. The Fund's Year-to-date Cumulative Total Return and performance metrics were also disclosed.
FAQ
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