NEW YORK, April 23, 2015 /PRNewswire/ -- Cohen & Steers Infrastructure Fund, Inc., a Maryland corporation (NYSE:UTF), announced today the results of the annual meeting of stockholders. UTF reported that its stockholders approved a revision to UTF's fundamental investment restriction with respect to concentrating investments in an industry. The amended fundamental investment restriction approved by stockholders states that UTF may not invest more than 25% of its managed assets in securities of issuers in any one industry, except for securities in infrastructure companies.
The amended investment restriction will provide Cohen & Steers Capital Management, Inc., the Fund's investment advisor, with increased flexibility to invest UTF's assets in securities of infrastructure companies more broadly, including securities of infrastructure companies outside the utility industry.
Stockholders of UTF also elected George Grossman, Robert H. Steers and C. Edward Ward, Jr. as Directors to serve until the 2018 annual meeting of stockholders and until their successors are elected and qualify.
Further information regarding the Fund is available at cohenandsteers.com
More information is available at cohenandsteers.com.
//Website: http://cohenandsteers.com/
Symbol: NYSE: UTF, 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, along with preferred securities and other income solutions. Headquartered in New York City, with offices in London, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors around the world.
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SOURCE Cohen & Steers, Inc. (CNS); Cohen & Steers Infrastructure Fund, Inc. (UTF)