Core Viewpoint - Cohen & Steers Closed-End Funds announced monthly distributions for July, August, and September 2025, detailing specific dividend amounts for each fund [1][2]. Distribution Details - Monthly dividends for the funds are as follows: - Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF): $0.087 - Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP): $0.131 - Cohen & Steers Select Preferred and Income Fund, Inc. (PSF): $0.126 - Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA): $0.134 - Cohen & Steers Total Return Realty Fund, Inc. (RFI): $0.080 - Cohen & Steers Real Estate Opportunities and Income Fund (RLTY): $0.110 - Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP): $0.136 - Cohen & Steers Quality Income Realty Fund, Inc. (RQI): $0.080 - Cohen & Steers Infrastructure Fund, Inc. (UTF): $0.155 [1]. Payment Schedule - The distribution payment schedule is as follows: - July: Ex-Dividend Date - July 15, 2025; Payable Date - July 31, 2025 - August: Ex-Dividend Date - August 12, 2025; Payable Date - August 29, 2025 - September: Ex-Dividend Date - September 9, 2025; Payable Date - September 30, 2025 [2]. Fund Characteristics - Certain funds, including Cohen & Steers Closed-End Opportunity Fund, Inc. and others, declared monthly distributions under managed distribution plans, allowing for greater flexibility in realizing and distributing long-term capital gains [3]. - Distributions may include net investment income, long-term capital gains, short-term capital gains, and/or return of capital, with the potential for variations based on portfolio and market conditions [5][4]. Tax Implications - Return of capital may be taxed as ordinary income under federal tax regulations, and the character of distributions may vary based on the underlying investments held by the funds [2][4]. Company Overview - Cohen & Steers is a global investment manager specializing in real assets and alternative income, with a focus on listed and private real estate, preferred securities, infrastructure, and commodities [8].

Core Insights - Cohen & Steers, Inc. has invested $300 million in Hudson Pacific Properties, representing 43% of HPP's $690 million offering, aimed at supporting HPP's balance sheet recapitalization [1][2]. Company Overview - Hudson Pacific Properties is a real estate investment trust (REIT) focused on serving tech and media tenants in key global markets, leveraging a high-barrier approach to property development and management [3]. - The company utilizes a full-service value creation platform, which includes identifying, acquiring, transforming, and developing properties into high-quality office and studio spaces [3]. Market Outlook - The West Coast office market is believed to be recovering and expected to gain momentum in the coming years, with Hudson Pacific Properties positioned to benefit from this trend due to its strong management and high-quality portfolio [2]. - The recapitalization of HPP's balance sheet is intended to reduce debt, extend existing debt maturities, and capitalize on the potential occupancy upside of its portfolio [2].

Core Insights - Corero Network Security has entered a multi-year agreement with Rocket Fibre to enhance network defenses and provide real-time DDoS protection for its customers [1][2] - Rocket Fibre will utilize Corero's SmartWall ONE™ solution, which integrates with existing Juniper MX routers to detect and mitigate DDoS attacks without additional hardware [2][3] - The partnership aims to improve service availability and security for Rocket Fibre's customers amid increasing cyber threats [2][4] Company Overview - Corero Network Security specializes in DDoS protection solutions, offering automatic detection and protection with network visibility, analytics, and reporting tools [5] - The company is headquartered in London and operates centers in Marlborough, Massachusetts, and Edinburgh, UK, listed on the London Stock Exchange's AIM market and the US OTCQX Market [5] - Rocket Fibre is a rapidly growing broadband provider focused on high-speed fibre connectivity for residential, SME, and wholesale customers, emphasizing customer service and network resilience [6] Strategic Implications - The partnership allows Rocket Fibre to offer differentiated service tiers to its SME customers, powered by real-time threat response and analytics [3][4] - Corero's solutions enable service providers to maximize existing infrastructure investments and simplify operations while enhancing DDoS protection [4] - Rocket Fibre's upcoming wholesale offering, launching in July 2025, will extend DDoS protection to all customers using its services across the UK and Europe [3]

Core Insights - Bexorg, Inc. has announced a multi-program research collaboration with Biohaven Ltd. to advance next-generation therapies for central nervous system (CNS) disorders [1] - Bexorg's whole-brain discovery platform is unique in its ability to restore metabolic and molecular activity in isolated human and pig brains, enabling high-resolution insights into neurodegeneration [2][5] - The collaboration aims to provide insights into pharmacokinetics, pharmacodynamics, and mechanisms of action for Biohaven's therapeutics, potentially identifying novel biomarkers for clinical trials [3] Company Overview - Bexorg is a techbio company focused on CNS drug discovery, utilizing a proprietary platform called BrainEx to generate clinically predictive data from postmortem human brains [5][6] - Biohaven is a biopharmaceutical company developing treatments in areas such as immunology, neuroscience, and oncology, with a diverse portfolio including therapies for epilepsy, mood disorders, and cancer [4] Technological Advancements - Bexorg's whole-brain perfusion technology allows for the extraction of detailed transcriptomic, proteomic, and metabolic data, which is essential for machine learning and AI-driven drug discovery [2][6] - The platform addresses the limitations of traditional preclinical models by providing a more accurate representation of human brain structure and function, thus enhancing CNS drug development [3]

Core Insights - LG CNS unveiled its AI-based ERP testing technology, the 'PerfecTwin ERP Edition', at SAP Sapphire 2025, enhancing its capabilities in the ERP market [1][9] - The new solution is designed for SAP ERP environments, ensuring smooth data transfers and minimizing errors through virtual testing of transactional data [2][4] - LG CNS plans to expand its services to the Asia-Pacific and Japan regions, including establishing a delivery center in India to support global ERP operations [5][9] AI Features - The latest edition's AI capabilities generate real transaction test data when actual data is insufficient and ensure privacy by removing sensitive information [3] - AI also analyzes error patterns to reduce test validation time significantly [3] Collaboration with SAP - LG CNS has strengthened its collaboration with SAP, becoming the first Korean company to join SAP's Regional Strategic Services Partner initiative for the APAC region [7] - The partnership aims to accelerate cloud ERP transformation and enhance service offerings, including application operations and security updates [4][8] Leadership Engagement - CEO Shin Gyoon Hyun participated in the SAP Sapphire panel discussion, sharing insights on cloud ERP transformation and customer success stories [6][9]

Core Insights - Cohen & Steers, Inc. reported preliminary assets under management (AUM) of $87.5 billion as of April 30, 2025, reflecting a decrease of $70 million from $87.6 billion at March 31, 2025 [1][2]. AUM Breakdown - The decrease in AUM was attributed to distributions totaling $151 million and market depreciation of $60 million, which were partially offset by net inflows of $141 million [1][2]. - AUM by investment vehicle as of April 30, 2025: - Institutional Accounts: Total AUM of $34.028 billion, with net inflows of $35 million and market depreciation of $164 million [2]. - Open-end Funds: Total AUM of $42.210 billion, with net inflows of $105 million and market depreciation of $150 million [2]. - Closed-end Funds: Total AUM of $11.271 billion, with net inflows of $1 million and market depreciation of $74 million [2]. Company Overview - Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, and commodities [2]. - The firm was founded in 1986 and is headquartered in New York City, with additional offices in London, Dublin, Hong Kong, Tokyo, and Singapore [2].

Core Insights - Corero Network Security released its 2025 Threat Intelligence Report, highlighting the evolution of DDoS attacks in 2024 and the increasing complexity for defenders [1][6] DDoS Attack Trends - Attackers are shifting from large, disruptive floods to more frequent, evasive, and coordinated attacks, complicating defense strategies [2][3] - The average number of attacks experienced by Corero customers reached 11 per day in 2024, marking a 5% year-over-year increase [3] - Attacks in the 1–5Gbps range have declined from 19.4% in 2019 to 12.4% in 2024, indicating a strategic shift towards either stealthy sub-1Gbps probes or large-scale floods [3][4] Attack Tactics - A growing trend of multi-vector attacks has been observed, where attackers rotate between protocols every 30–60 seconds, forcing defenders to constantly adapt [4] Defense Challenges - Over 50% of surveyed defenders reported difficulties in team coordination, while 68% struggled to demonstrate the ROI of DDoS protection to leadership [5] - Smaller DDoS attacks are increasingly seen as precursors to more significant incidents, necessitating integrated and automated responses [6] Company Overview - Corero Network Security specializes in DDoS protection solutions, offering automatic detection and protection with network visibility and analytics [7]

Assets Under Management - Assets under management increased by 7.8% to $87.6 billion as of March 31, 2025, up from $81.2 billion a year earlier[71]. - Open-end funds saw a 12.2% increase in assets under management, reaching $42.3 billion, with net inflows of $585 million during the first quarter of 2025[72]. - Institutional accounts' assets under management rose by 4.5% to $33.9 billion, compared to $32.4 billion at the same time last year[74]. - Closed-end funds experienced a 2.4% increase in assets under management, totaling $11.4 billion, with market appreciation contributing $1.0 billion[74]. - Assets under management at the beginning of the period were $40.96 billion, with inflows of $3.51 billion[76]. - Total assets under management at the end of the period increased to $42.29 billion, up from $37.68 billion[76]. - Average assets under management rose to $41.80 billion, compared to $36.92 billion in the previous period[76]. - Institutional accounts assets under management at the beginning of the period were $33.56 billion, with inflows of $1.10 billion[76]. - Net inflows for the period were $3.66 billion, compared to $2.54 billion in the previous period[76]. - Market appreciation for the period was $8.53 billion, contributing to the overall asset growth[76]. - Closed-end funds assets under management at the beginning of the period were $11.28 billion, with inflows of $3.34 billion[76]. - Total assets under management for closed-end funds at the end of the period were $11.39 billion, up from $11.12 billion[76]. - Average assets under management for closed-end funds increased to $11.35 billion, compared to $10.96 billion[76]. - The company reported a total increase in assets under management of $3.95 billion, reflecting strong market performance and inflows[76]. - Assets under management increased to $87,579 million at the end of the period, up from $81,235 million in the previous year, representing a growth of 7.9%[80]. Revenue and Income - Revenue for the three months ended March 31, 2025, was $134,467 thousand, a 9.6% increase from $122,710 thousand in the same period of 2024[81]. - Net income attributable to common stockholders rose to $39,778 thousand, reflecting a 17.5% increase compared to $34,004 thousand in the prior year[81]. - Operating margin improved to 33.6% for the three months ended March 31, 2025, compared to 32.8% for the same period in 2024[89]. - Total investment advisory and administration revenue from open-end funds increased by 14.6% to $69,658 thousand, up from $60,787 thousand year-over-year[82]. - Average assets under management for the period were $86,778 million, compared to $80,175 million in the previous year, indicating a growth of 8.2%[80]. - Adjusted operating income for Q1 2025 was $46,446,000, compared to $43,692,000 in Q1 2024, reflecting a 6.4% increase[98]. - Net income attributable to common stockholders for Q1 2025 was $39,778,000, an increase of 17.5% from $34,004,000 in Q1 2024[94]. - Revenue for Q1 2025 was $134,467,000, up 9.3% from $122,710,000 in Q1 2024[98]. - Diluted earnings per share (EPS) for Q1 2025 was $0.77, up from $0.68 in Q1 2024, representing a 13.2% increase[94]. Distributions and Cash Flow - The company reported distributions of $282 million, with $239 million reinvested and included in net flows[75]. - Total distributions decreased to $1.76 billion from $1.90 billion, indicating a reduction in payouts[2]. - Total distributions for the period were $164 million, with an increase (decrease) of $12 million[77]. - Cash and cash equivalents decreased by $117,490,000 in Q1 2025, ending the period at $66,143,000[112]. - Net liquid assets as of March 31, 2025, totaled $318,418,000, a decrease from $331,481,000 as of December 31, 2024[104]. Market Conditions and Strategy - Market volatility and interest rate fluctuations have influenced investor sentiment and asset flows, prompting the company to focus on disciplined risk management[67]. - The company emphasizes a disciplined cost control approach to navigate the current macroeconomic environment[67]. - The company operates through two major distribution channels: wealth and institutional, targeting various client types including sovereign wealth funds and corporate plans[65]. - The company launched its first active exchange traded funds (ETFs) in February 2025, including strategies for U.S. real estate securities, preferred securities, and natural resource equities[64]. Tax and Expenses - Employee compensation and benefits expenses increased by 4.9% to $54,554 thousand, up from $52,003 thousand in the prior year[87]. - The effective income tax rate decreased to 19.5% from 24.3% in the previous year, reflecting a reduction in the overall tax burden[92]. - Non-operating income for Q1 2025 was $7,752,000, compared to $5,037,000 in Q1 2024, indicating a 53.9% increase[100]. Investment Commitments - The company has committed to invest up to $175,000,000 in certain investment vehicles, with $66,300,000 remaining unfunded as of March 31, 2025[111]. - The company declared a quarterly dividend of $0.62 per share on May 1, 2025, payable on May 22, 2025[116].

HUNTSVILLE, AL, April 29, 2025 (GLOBE NEWSWIRE) -- Serina Therapeutics, Inc. (“Serina”) (NYSE American: SER), a clinical-stage biotechnology company developing its proprietary POZ Platform™ drug optimization technology, announced that Steve Ledger, Chief Executive Officer, will present at the JonesResearch Hosts: Virtual CNS Day on April 29, 2025, at 12:00 p.m. EDT. A live webcast of the fireside chat style presentation will be accessible to registered attendees via the following link: https://us02web.zoom. ...

Financial Data and Key Metrics Changes - The company reported earnings of $0.75 per share, a decrease from $0.78 sequentially [6] - Revenue for Q1 decreased to $133.8 million from the prior quarter, primarily due to lower average AUM and a lower day count [6][7] - The effective fee rate improved slightly to 59 basis points, up from the prior quarter [8] - Operating margin was 34.7%, down from 35.5% in the prior quarter [8] - Ending AUM increased to $87.6 billion from $85.8 billion at the prior quarter end, driven by net inflows and market appreciation [9][10] - Total expenses decreased, mainly due to a reduction in compensation and benefits, resulting in a compensation ratio of 40.5% [10][11] - Liquidity at the end of Q1 totaled $295 million, a decrease from the prior period [11] Business Line Data and Key Metrics Changes - The company experienced net inflows of $222 million firm-wide, with open-end funds leading at $585 million [35][36] - Institutional advisory saw net outflows of $108 million, attributed to new mandates and account terminations [39] - The unfunded pipeline ended at $61 million, significantly lower than the previous quarter [39] Market Data and Key Metrics Changes - U.S. equities declined 4.3% in Q1, while developed market ex-U.S. equities rose 5.4% [16] - U.S. REITs gained 2.8%, and global listed infrastructure rose 4.8%, outperforming corresponding broad equity indices [16] - The company noted a rotation into defensive assets, including utilities and gold, amid macroeconomic concerns [17] Company Strategy and Development Direction - The company remains focused on growth despite market volatility and potential recession risks [32] - There is a growing case for real assets due to persistent inflation, with a focus on enhancing market position through strategic initiatives [35][48] - The company plans to launch additional active ETFs and explore partnerships for new investment vehicles [41][90] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about a potential recession due to recent tariff announcements and their impact on economic growth [21][32] - The company anticipates a slowdown in economic growth and higher inflation, which may affect investment strategies [21][65] - Management emphasized the importance of liquidity and the opportunity costs associated with illiquidity in the current market environment [27][30] Other Important Information - The company launched its first three active ETFs in February, targeting real estate, preferreds, and natural resource equities [41] - The company is seeing increased interest in real assets from retirement segments and model builders [50] - The company is committed to investing in distribution capabilities, particularly in the wealth channel [52] Q&A Session Summary Question: What is the current state of the Wealth Manager channel? - Management noted that the market has been volatile, leading to uncertainty and a less robust flow environment, but there is interest in U.S. REITs and listed infrastructure [57][58] Question: What are the second-order impacts from tariffs? - Management indicated that the indirect effects would include slower economic growth and higher inflation, with infrastructure being a stagflationary strategy [65][66] Question: How is the company responding to potential recession risks? - Management stated that they are not making rash short-term changes but are focused on strategic hires and maintaining strong client interactions [68][70] Question: What is the outlook for the unfunded pipeline? - Management expressed confidence in the future, noting that while the current pipeline is low, there are good levels of activity and new allocations expected [84][86] Question: What are the company's acquisition strategies? - Management is open to exploring acquisitions or partnerships, particularly in light of changing dynamics in the wealth channel [90][92]