Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

Core Viewpoint - The press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. with details regarding the distribution to be paid on July 31, 2025, and cumulative distributions for the fiscal year to date [1]. Distribution Policy - The Fund has a managed distribution policy since December 2017, aiming to deliver long-term total return potential through regular monthly distributions at a fixed rate per common share [2]. - This policy allows the Fund to realize long-term capital gains throughout the year and distribute them regularly, although it can be amended or suspended by the Board of Directors [2]. Distribution Composition - Monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes [3]. - Return of capital reduces a shareholder's tax basis in their shares and is not taxable [3]. Distribution Estimates - For July 2025, the estimated distribution per share is $0.1360, with the following breakdown: - Net Investment Income: $0.0552 (40.59%) - Return of Capital: $0.0808 (59.41%) - Year-to-date distributions total $0.9520 per share, with 74.09% from net investment income and 21.72% from return of capital [5][6]. Performance Metrics - The Fund's Year-to-date Cumulative Total Return for fiscal year 2025 (January 1, 2025, to June 30, 2025) is 4.59%, with a Cumulative Distribution Rate of 4.49% [9]. - Over the five-year period ending June 30, 2025, the Average Annual Total Return is 8.57%, and the Current Annualized Distribution Rate is 7.70% [10]. NAV Calculation - The Fund's NAV is calculated as the total market value of all securities and assets held minus total liabilities, divided by the total number of shares outstanding [8]. - While NAV performance may indicate investment performance, it does not measure the value of a shareholder's individual investment, which is determined by the market price based on supply and demand [8]. Tax Reporting - Shareholders will receive a Form 1099-DIV for the calendar year to report distributions for federal income tax purposes [11]. - The final tax characteristics of the Fund's distributions will be determined after the end of the calendar year [4].