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 (NYSE: RFI) details the distribution sources for shareholders, set for April 29, 2022. The Fund follows a managed distribution policy aimed at providing regular monthly distributions. For April 2022, the total current distribution is $0.0800 per share, derived entirely from net realized short-term capital gains. The Year-to-Date cumulative total return for 2022 is reported at -5.66%, while the cumulative distribution rate stands at 2.11%. Shareholders will receive a Form 1099-DIV for tax reporting purposes.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) provides details on the distribution payment scheduled for March 31, 2022, and the cumulative distributions year-to-date. The Fund has a managed distribution policy established in December 2011 to deliver consistent returns through monthly distributions. The current distribution includes $0.0800 per share, with sources comprising net realized short-term capital gains. The year-to-date cumulative total return through February 28, 2022, is reported at -10.86%. Shareholders will receive a Form 1099-DIV post-year-end for tax reporting.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) announces the distribution details for February 28, 2022. Implemented in December 2011, the managed distribution policy aims to provide consistent monthly distributions while allowing the Fund to realize long-term capital gains. The current distribution of $0.08 per share consists primarily of short-term capital gains (97.88%). The Fund's year-to-date cumulative total return was -6.43% as of January 31, 2022, with an average annual total return of 10.83% over five years. Investors are advised to consider their objectives and risks before investing.
The press release informs shareholders of Cohen & Steers Total Return Realty Fund (RFI) about the distribution sources for January 31, 2022, and cumulative distributions for the fiscal year. The Fund follows a managed distribution policy since December 2011, allowing for regular monthly payouts derived from long-term capital gains, net investment income, and return of capital. Notably, the January distribution totals $0.0800 per share, all attributed to long-term capital gains. The announcement emphasizes that these estimates may vary and outlines the upcoming distribution reporting for tax purposes.
Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced an upcoming distribution on December 31, 2021. The fund employs a managed distribution policy, allowing it to provide regular monthly distributions at a fixed per-share rate. The December 2021 distribution includes $0.0800 per share, sourced from net investment income and long-term capital gains. For fiscal year-to-date, total distributions amount to $1.1700 per share. The fund's Year-to-date Cumulative Total Return is 24.55%, while the average annual total return over five years is 11.41%.
On December 16, 2021, the Board of Directors of Cohen & Steers Total Return Realty Fund (NYSE: RFI) announced a year-end capital gain distribution of $0.210 per share, payable on January 6, 2022. This distribution is part of the Fund's managed distribution policy aimed at ensuring compliance with federal excise tax requirements for 2021. The Fund's year-to-date cumulative total return is reported at 24.55%, while its average annual total return over five years stands at 11.41%. This distribution will primarily be taxable to shareholders.
The press release from Cohen & Steers Total Return Realty Fund (NYSE: RFI) details the distribution sources for November 2021 and cumulative distributions year-to-date. The fund follows a managed distribution policy allowing fixed monthly distributions, enhancing flexibility for long-term capital gains realization. The current distribution is $0.0800 per share, with key sources being net investment income and realized capital gains. Year-to-date cumulative total return for 2021 stands at 26.09%, with a cumulative distribution rate of 5.63%. Shareholders will receive Form 1099-DIV for tax reporting.
Cohen & Steers Total Return Realty Fund (RFI) announces the distribution sources for the payment on October 29, 2021, under its managed distribution policy. The policy aims to provide regular monthly payouts while allowing the Fund to realize long-term capital gains. For October 2021, the total current distribution is $0.08 per share, comprising net investment income, short-term, and long-term capital gains. Year-to-date, the cumulative total return is 18.98% and the cumulative distribution rate is 5.39%. Shareholders will receive Form 1099-DIV for tax reporting after the year-end.
This press release notifies shareholders of Cohen & Steers Total Return Realty Fund, RFI, about the sources of its distribution on September 30, 2021. The Fund follows a managed distribution policy initiated in December 2011, allowing it to pay regular monthly distributions based on long-term capital gains and net investment income. The current distribution is $0.08 per share, with cumulative distributions for the year totaling $0.72. Shareholders will receive a Form 1099-DIV by year-end detailing tax reporting for these distributions.
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) announced the sources of its July 30, 2021 distribution. The Fund follows a managed distribution policy aimed at delivering long-term total return through monthly distributions. The July distribution is $0.08 per share, comprising $0.005 from net investment income and $0.075 from net realized long-term capital gains. The Year-to-date Cumulative Total Return stands at 18.43%, with a Cumulative Distribution Rate of 3.74% for fiscal 2021. Shareholders will receive Form 1099-DIV for accurate tax reporting post-year-end.
FAQ
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