Cohen & Steers(US:CNS) Benzinga·2025-09-29 21:39Core 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 September 30, 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 terminated by the Board of Directors [2] Distribution Sources - 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 September 2025, the estimated distribution per share is $0.1360, with 85.08% from net investment income and 14.92% from return of capital [6] - Year-to-date distributions total $1.2240 per share, with 71.60% from net investment income and 28.40% from return of capital [6] Tax Reporting - Final tax characteristics of the Fund's distributions will be provided on Form 1099-DIV after the end of the calendar year [4][7] Fund Performance - The Year-to-date Cumulative Total Return for fiscal year 2025 is 6.48%, with a Cumulative Distribution Rate of 5.74% [9] - The Average Annual Total Return for the five-year period ending August 31, 2025, is 7.26%, and the Current Annualized Distribution Rate is 7.66% [9]