Cohen & Steers(US:CNS) Benzinga·2025-09-29 21:51Core Viewpoint - The press release provides shareholders of Cohen & Steers Total Return Realty 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 2011, aiming to deliver long-term total return through regular monthly distributions at a fixed rate per common share, allowing for greater flexibility in realizing and distributing long-term capital gains [2]. - The Board of Directors can amend, terminate, or suspend this policy at any time, which may negatively impact the market price of the Fund's shares [2]. Distribution Sources - Monthly distributions may consist of long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes. Return of capital reduces a shareholder's tax basis in their shares [3]. - The amount of monthly distributions can vary based on portfolio changes and market conditions [3]. Distribution Estimates - For September 2025, the estimated distribution per share is $0.0800, with the following breakdown: - Net Investment Income: $0.0449 (56.13%) - Net Realized Short-Term Capital Gains: $0.0000 (0.00%) - Net Realized Long-Term Capital Gains: $0.0351 (43.87%) - Return of Capital: $0.0000 (0.00%) - Cumulative distributions for the fiscal year to date total $0.7200 per share [7]. Performance Metrics - The Year-to-date Cumulative Total Return for the fiscal year 2025 (January 1, 2025, to August 31, 2025) is 5.53%, while the Cumulative Distribution Rate is 6.20% [10]. - The Average Annual Total Return for the five-year period ending August 31, 2025, is 6.64%, with a Current Annualized Distribution Rate of 8.26% [11]. Tax Reporting - Shareholders will receive a Form 1099-DIV for the calendar year, detailing how to report distributions for federal income tax purposes [12]. Company Overview - Cohen & Steers is a global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, and commodities [13].