NEW YORK, Sept. 8, 2014 /PRNewswire/ -- The Boards of Directors of Cohen & Steers closed-end funds (each a "Fund" and collectively, the "Funds") have declared third quarter 2014 distributions payable on September 30, 2014 to shareholders of record on September 19, 2014. The ex-dividend date is September 17, 2014. The distribution amounts for the Funds are summarized below:
|
Fund
|
NYSE
Symbol
|
Quarterly
Distribution
Per Share
|
|
|
Cohen & Steers
Closed-End Opportunity Fund, Inc.
|
FOF
|
$0.2600
|
|
|
|
|
|
|
Cohen & Steers
Global Income Builder, Inc.
|
INB
|
$0.2800
|
|
|
|
|
|
|
Cohen & Steers
|
UTF
|
$0.3700
|
|
|
Infrastructure Fund, Inc.
|
|
|
|
|
|
|
Cohen & Steers
|
MIE
|
$0.3150
|
|
|
MLP Income and Energy Opportunity Fund, Inc.
|
|
|
|
|
|
|
Cohen & Steers
REIT and Preferred Income Fund, Inc.
|
RNP
|
$0.3300
|
|
|
|
|
|
|
|
|
The Funds pay regular quarterly cash distributions to common shareholders at a level rate that may be adjusted from time to time. Each Fund's distributions reflect net investment income, and may also include net realized capital gains and/or return of capital. Return of capital includes distributions paid by a Fund in excess of its net investment income, and such excess is distributed from the Fund's assets. Under federal tax regulations, some or all of the return of capital distributed by a Fund may be taxed as ordinary income. The amount of quarterly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
In addition, distributions for Funds investing in real estate investment trusts (REITs) and closed-end funds (CEFs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to each Fund after year end by the REITs and CEFs held by a Fund. Investments in master limited partnerships (MLPs) will produce distributions that will be classified as return of capital.
The amount and composition of each fund's distribution is disclosed quarterly at cohenandsteers.com; however, this information may change after year end once the final tax characteristics of all fund distributions can be determined with certainty. Final tax characteristics of all fund distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
More information is available at cohenandsteers.com.
//Website: http://cohenandsteers.com/
Symbol: NYSE: CNS
About Cohen & Steers. Founded in 1986, Cohen & Steers is a leading global investment manager with a long history of innovation and a focus on real assets, including real estate, infrastructure and commodities. Headquartered in New York City, with offices in London, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors around the world.
SOURCE Cohen & Steers