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.
The press release from Cohen & Steers Total Return Realty Fund (RFI) provides details about the distribution scheduled for March 31, 2023. The Fund follows a managed distribution policy since December 2011, aiming for stable monthly distributions while allowing capital gain realization throughout the year. The current distribution is $0.0800 per share, with 74.75% coming from net investment income. The year-to-date cumulative total return for fiscal year 2023 is 4.66%, while the average annual total return over the last five years is 8.35%. Shareholders receive Form 1099-DIV for tax reporting, and distributions may vary based on market conditions.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) announced its source of distributions payable on February 28, 2023, as part of its managed distribution policy established in December 2011. This policy aims to provide consistent returns to shareholders through regular monthly distributions, which may include net investment income, capital gains, or return of capital. The total current distribution for February is $0.0800 per share, with a year-to-date cumulative total return of 9.72% as of January 31, 2023. The Fund's five-year average annual total return stands at 7.93%, and the current annualized distribution rate is 7.59%. Shareholders will receive Form 1099-DIV for tax reporting purposes.
The press release from Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) informs shareholders about the distribution payment scheduled for January 31, 2023. The Fund follows a managed distribution policy initiated in December 2011, aimed at providing regular monthly payments to shareholders. The total distribution for January is estimated at $0.0800 per share, solely derived from long-term capital gains. Year-to-date, the cumulative total return for fiscal year 2022 was -22.09%, with an average annual return of 5.23% over five years, raising concerns about investment performance despite a current distribution rate of 8.28%.
The Board of Directors of Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced a year-end capital gain distribution of $0.266 per share, payable on January 9, 2023. This distribution is intended to meet the Fund's 2022 distribution requirement for federal excise tax purposes. Shareholders will receive information regarding the tax characteristics of the distributions via Form 1099-DIV. The Fund has a managed distribution policy aiming for regular distributions based on its long-term gains, but the policy may be altered by the Board, impacting share prices.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) informs shareholders about the sources of the upcoming distribution on November 30, 2022. The Fund follows a managed distribution policy aimed at delivering long-term returns through regular monthly distributions. For November 2022, the distribution amount is $0.0800 per share, with a cumulative distribution rate of 7.42% for the year. The Fund's year-to-date cumulative total return is reported at -23.01%. Key performance metrics highlight that net investment income significantly contributes to the distribution.
Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced its upcoming distribution on October 31, 2022. The Fund follows a managed distribution policy established in December 2011, allowing for the fixed monthly distribution of capital gains and net investment income to shareholders. This month’s distribution totals $0.0800 per share. Year-to-date cumulative total return is reported at -24.11%, with a cumulative distribution rate of 6.12% for 2022. Shareholders will receive a Form 1099-DIV for tax reporting.
Cohen & Steers Total Return Realty Fund (RFI) announced its September 30, 2022 distributions, which include sources such as net investment income, net realized capital gains, and return of capital. The managed distribution policy implemented in December 2011 aims to provide shareholders with regular monthly distributions. As of August 31, 2022, the fund reported a year-to-date cumulative total return of -14.50% and a cumulative distribution rate of 5.39%. Shareholders will receive Form 1099-DIV detailing tax reporting for these distributions.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) details the sources of its upcoming distribution on August 31, 2022. The Fund operates under a managed distribution policy initiated in December 2011, aiming to deliver long-term returns through monthly distributions. These may include capital gains and return of capital. The total current distribution for August is $0.0800 per share, consistent with the managed policy. The Fund reported a cumulative total return of -9.92% for 2022 to date, with a current annualized distribution rate of 6.78%.
FAQ
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