Cohen & Steers(US:CNS) Benzinga·2025-12-16 22:36Core Viewpoint - The Cohen & Steers Quality Income Realty Fund, Inc. has declared a year-end capital gain distribution to meet its 2025 federal excise tax distribution requirement, with a significant portion being taxable to shareholders in 2025 [1]. Distribution Details - The year-end capital gain distribution is set at $0.13 per share, with the declaration date on December 16, 2025, ex/record date on December 29, 2025, and payable date on January 6, 2026 [2]. - The Fund has a managed distribution policy in place since December 2011, allowing for regular monthly distributions at a fixed rate, which provides flexibility in realizing and distributing long-term capital gains [2][3]. Distribution Composition - Monthly distributions may consist of long-term capital gains, short-term capital gains, net investment income, and/or return of capital, with return of capital reducing a shareholder's tax basis rather than being taxable [3]. - The estimated distribution sources for December 2025 include $0.13 from net realized long-term capital gains, with no amounts from net investment income or short-term capital gains [6]. Performance Metrics - The Fund's year-to-date cumulative total return for fiscal year 2025 is 6.79%, with a cumulative distribution rate of 8.54% [9]. - The average annual total return for the five-year period ending November 30, 2025, is reported at 8.07%, while the current annualized distribution rate is 7.52% [9][10]. Tax Reporting - Shareholders will receive a Form 1099-DIV after the calendar year to report distributions for federal income tax purposes, with final tax characteristics determined post-year-end [4][8].