Core Viewpoint - The press release provides shareholders of Cohen & Steers Total Return Realty 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 2011, allowing for regular monthly distributions at a fixed rate per common share, aimed at delivering long-term total return potential [2]. - The Board of Directors retains the authority to amend, terminate, or suspend this policy, which could negatively impact the market price of the Fund's shares [2]. Distribution Composition - 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 [3]. - Return of capital reduces a shareholder's tax basis in their shares and is not taxable [3]. Distribution Information - Information regarding monthly distributions will be posted on the Fund's website and mailed to shareholders, but final tax characteristics will be determined after the end of the calendar year [4]. Current and Year-to-Date Distribution Estimates - For July 2025, the estimated total current distribution is $0.0800 per share, with the following breakdown: - Net Investment Income: $0.0013 (1.63%) - Net Realized Short-Term Capital Gains: $0.0000 (0.00%) - Net Realized Long-Term Capital Gains: $0.0787 (98.37%) - Return of Capital: $0.0000 (0.00%) [6]. - Year-to-date cumulative distributions total $0.5600 per share, with the following breakdown: - Net Investment Income: $0.1556 (27.78%) - Net Realized Short-Term Capital Gains: $0.0861 (15.38%) - Net Realized Long-Term Capital Gains: $0.3183 (56.84%) - Return of Capital: $0.0000 (0.00%) [6]. Fund Performance Metrics - The Fund's year-to-date cumulative total return for fiscal year 2025 (January 1, 2025, to June 30, 2025) is 3.99%, with a cumulative distribution rate of 4.82% [9]. - The average annual total return for the five-year period ending June 30, 2025, is 7.60%, and the current annualized distribution rate is 8.27% [9][10]. Net Asset Value (NAV) - 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 reflect the value of a shareholder's individual investment, which is determined by the market price based on supply and demand [8].

Core Viewpoint - The Herzfeld Caribbean Basin Fund, Inc. has announced a distribution of $0.2325 per share as part of its Managed Distribution Policy, with stockholders having the option to receive cash or shares [1][2][4]. Distribution Details - The distribution was declared on May 9, 2025, with an ex-date and record date of May 23, 2025, and payment date on June 30, 2025 [1]. - Total cash distributed amounted to approximately $731,093.39, while a total of 1,187,755 shares were issued [2]. - Stockholders who opted for cash received $0.09418 per share, which is about 40.51% of the total distribution, while those who chose shares received approximately 0.0944 shares for each share owned [3][2]. Policy Overview - The Managed Distribution Policy aims to provide stockholders with a fixed minimum annual distribution rate of 15% of the Fund's net asset value as of June 30, 2024 [4]. - Distributions can occur quarterly, semi-annually, or annually, with the Board reviewing them each quarter to maintain the 15% annual distribution [4]. Financial Performance - The current distribution consists of 91.25% from net realized long-term capital gains and 8.75% from return of capital [8]. - The average annual total return in relation to NAV for the five-year period ending May 30, 2025, is reported at 2.52% [8]. - The cumulative total return for the fiscal year through May 30, 2025, is 0.09%, with cumulative fiscal year distributions as a percentage of NAV also at 17.55% [8]. Future Expectations - The Fund anticipates that future distributions will likely include returns of capital, which may not reflect the Fund's investment performance [6]. - The Board has the discretion to change the amount distributed per share and may need to sell portfolio securities to maintain distribution levels [5][6].

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 Viewpoint - The Gabelli Multimedia Trust Inc. has confirmed its policy of fixed monthly cash distributions, with specific amounts declared for the upcoming months of July, August, and September 2025 [1][2]. Distribution Details - The cash distributions for the months of July, August, and September 2025 are set at $0.07 per share for July and August, and $0.08 per share for September, totaling $0.22 per share for the quarter [2]. - The record and payable dates for these distributions are as follows: July 17, 2025 (payable July 24, 2025), August 15, 2025 (payable August 22, 2025), and September 16, 2025 (payable September 23, 2025) [2]. Previous Distributions - The Fund declared a cash distribution of $0.14 per share for April and May, payable on May 22, 2025, and a $0.08 per share distribution for June, payable on June 23, 2025, reflecting an annualized distribution of $0.88 per share [3]. Distribution Policy Changes - The Fund has transitioned from a "managed distribution policy" to a fixed monthly distribution approach, no longer relying on exemptive relief from the SEC for capital gains distributions [4]. - The Fund intends to distribute all or a portion of its taxable income monthly and may also distribute realized net long-term capital gains annually [5]. Financial Structure - In 2025, all distributions to common shareholders are deemed to be 100% from paid-in capital on a book basis, with final determinations for tax reporting to be made after year-end [6]. - Shareholders will receive notifications regarding the components and tax treatment of distributions in early 2026 via Form 1099-DIV [6]. Company Overview - The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with total net assets of $194 million, focusing on long-term capital growth [8].

Core Points - The Gabelli Multimedia Trust Inc. has approved the continuation of its policy of paying fixed monthly cash distributions [1] - The declared cash distributions for July, August, and September 2025 are $0.07, $0.07, and $0.08 per share respectively [2] - The Fund will maintain a quarterly distribution of $0.22 per share, with $0.07 for the first two months and $0.08 for the third month [2] - The Fund previously declared a $0.14 per share distribution for April and May, and a $0.08 distribution for June, reflecting an annualized distribution of $0.88 per share [3] - The Fund will no longer rely on an exemptive order for a managed distribution policy and will focus on monthly distributions [4] - The Fund intends to distribute all or a portion of its taxable income and may also make annual distributions of realized net long-term capital gains [5] - Distributions in 2025 are deemed 100% from paid-in capital on a book basis, with final determinations made after year-end [6] - The Gabelli Multimedia Trust Inc. has total net assets of $194 million and aims for long-term capital growth [7]