Limited Duration Preferred and Income Fund
The primary investment objective of the Fund is high current income through investment in preferred and other income securities. The secondary investment objective is capital appreciation.
High current income and capital appreciation from a primarily investment-grade portfolio
Value-driven opportunities in preferred and income securities
Reduced portfolio interest-rate sensitivity through lower-duration investments
Symbol: LDP
Limited Duration Preferred and Income Fund
Managed Assets
$946.89 M
Leverage ratio
33.27%
Monthly Distribution Per Share
$0.131
Distribution Rate
7.21%
No. of Holdings
254
Managed Assets Expense Ratio
2.90%
Common assets expense ratio
4.47%
Inception Date
7/22/12
(At 8/31/24)
Top Holdings
June 30, 2024
| Name | Sectors | % of Market Value |
|---|---|---|
| BNP BNPXCES5 SWAP 7/15/2025 | Derivatives | 3.8% |
| Jpmorgan Chase & Co 6.875% Flt Perp | Banking | 1.4% |
| Charles Schwab Corp Flt Perp Sr:I | Banking | 1.2% |
| Citigroup Inc 7.625% Flt Perp | Banking | 1.2% |
| Goldman Sachs Group Inc 7.500% Flt Perp Sr:X | Brokerage | 1.2% |
| First Horizon Bank Pr.A 144A | Banking | 1.1% |
| Wells Fargo & Company 7.625% Flt Perp | Banking | 1.1% |
| Wells Fargo & Company Flt Perp | Banking | 1.1% |
| Interest Rate Swap Usd 6 Yr 2027 Sept 15 Ms | Derivatives | 1% |
| Wesco International Inc Flt Perp Sr:A | Real Estate | 1% |
The mention of specific investments is not a recommendation or solicitation to buy, sell or hold any particular security, swap or futures investment. Holdings are subject to change without notice. The Fund may also hold positions in other types of securities issued by the companies listed above.
PORTFOLIO MANAGERS
LITERATURE
Total Returns (Single Share Class)
Calculated monthly
As of August 31, 2024
| Period | LDP Mkt Price | LDP NAV | ICE BofA US Capital Securities Index | Blended Benchmark: LDP Linked |
|---|---|---|---|---|
| YTD | 16.48% | 11.55% | 7.44% | 8.18% |
| 1 Year | 24.08% | 19.67% | 12.61% | 14.20% |
| 3 Year | -0.87% | 2.21% | 1.35% | 1.87% |
| 5 Year | 3.69% | 4.82% | 3.66% | 4.21% |
| 10 Year | 6.02% | 6.05% | 4.39% | 4.64% |
| Since Inception (7/27/12) | 6.38% | 7.36% | 5.47% | 5.41% |
YTD
LDP Mkt Price
16.48%LDP NAV
11.55%ICE BofA US Capital Securities Index
7.44%Blended Benchmark: LDP Linked
8.18%1 Year
LDP Mkt Price
24.08%LDP NAV
19.67%ICE BofA US Capital Securities Index
12.61%Blended Benchmark: LDP Linked
14.20%3 Year
LDP Mkt Price
-0.87%LDP NAV
2.21%ICE BofA US Capital Securities Index
1.35%Blended Benchmark: LDP Linked
1.87%5 Year
LDP Mkt Price
3.69%LDP NAV
4.82%ICE BofA US Capital Securities Index
3.66%Blended Benchmark: LDP Linked
4.21%10 Year
LDP Mkt Price
6.02%LDP NAV
6.05%ICE BofA US Capital Securities Index
4.39%Blended Benchmark: LDP Linked
4.64%Since Inception (7/27/12)
LDP Mkt Price
6.38%LDP NAV
7.36%ICE BofA US Capital Securities Index
5.47%Blended Benchmark: LDP Linked
5.41%Total Returns (Single Share Class)
Calculated quarterly
As of June 30, 2024
| Period | LDP Mkt Price | LDP NAV | ICE BofA US Capital Securities Index | Blended Benchmark: LDP Linked |
|---|---|---|---|---|
| YTD | 12.34% | 8.04% | 4.03% | 5.31% |
| QTD | 1.09% | 2.10% | 0.91% | 1.72% |
| 1 Year | 18.86% | 19.28% | 9.85% | 13.21% |
| 3 Year | -2.19% | 1.48% | 0.62% | 1.24% |
| 5 Year | 3.54% | 4.70% | 3.61% | 4.12% |
| 10 Year | 5.66% | 5.78% | 4.15% | 4.44% |
| Since Inception (7/27/12) | 6.15% | 7.18% | 5.27% | 5.25% |
YTD
LDP Mkt Price
12.34%LDP NAV
8.04%ICE BofA US Capital Securities Index
4.03%Blended Benchmark: LDP Linked
5.31%QTD
LDP Mkt Price
1.09%LDP NAV
2.10%ICE BofA US Capital Securities Index
0.91%Blended Benchmark: LDP Linked
1.72%1 Year
LDP Mkt Price
18.86%LDP NAV
19.28%ICE BofA US Capital Securities Index
9.85%Blended Benchmark: LDP Linked
13.21%3 Year
LDP Mkt Price
-2.19%LDP NAV
1.48%ICE BofA US Capital Securities Index
0.62%Blended Benchmark: LDP Linked
1.24%5 Year
LDP Mkt Price
3.54%LDP NAV
4.70%ICE BofA US Capital Securities Index
3.61%Blended Benchmark: LDP Linked
4.12%10 Year
LDP Mkt Price
5.66%LDP NAV
5.78%ICE BofA US Capital Securities Index
4.15%Blended Benchmark: LDP Linked
4.44%Since Inception (7/27/12)
LDP Mkt Price
6.15%LDP NAV
7.18%ICE BofA US Capital Securities Index
5.27%Blended Benchmark: LDP Linked
5.25%Common assets expense ratio: 1.55%
Performance data quoted represents past performance. Past performance is no guarantee of future results. The rate of return will vary and the principal value of an investment will fluctuate and shares, if sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Periods greater than 12 months are annualized. Returns are historical and include change in share price and reinvestment of all distributions.
An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. Index comparisons have limitations as volatility and other characteristics may differ from a particular investment. Performance results reflect the effects of leverage, which can positively impact performance in an up market and negatively impact performance in a down market. For index definitions, please visit www.cohenandsteers.com/indexdefinitions.
View: Sector Diversification Geographic Diversification
Sector Diversification
As of June 30, 2024
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Banking | 55.55% | 57.17% | -1.62% |
| Insurance | 13.29% | 21.75% | -8.46% |
| Utilities | 12.57% | 8.25% | +4.32% |
| Pipeline | 7.89% | 5.46% | +2.43% |
| Derivatives | 5.95% | - | +5.95% |
| Finance | 2.38% | 2.01% | +0.37% |
| Real Estate | 2.26% | 1.1% | +1.16% |
| Brokerage | 1.44% | 0.92% | +0.52% |
| Energy | 0.79% | 2.08% | -1.29% |
| Telecommunication Svcs. | 0.35% | - | +0.35% |
Banking
% of Fund
55.55%% of Benchmark
57.17%% Underweight/Overweight
-1.62%Insurance
% of Fund
13.29%% of Benchmark
21.75%% Underweight/Overweight
-8.46%Utilities
% of Fund
12.57%% of Benchmark
8.25%% Underweight/Overweight
4.32%Pipeline
% of Fund
7.89%% of Benchmark
5.46%% Underweight/Overweight
2.43%Derivatives
% of Fund
5.95%% of Benchmark
0%% Underweight/Overweight
5.95%Finance
% of Fund
2.38%% of Benchmark
2.01%% Underweight/Overweight
0.37%Real Estate
% of Fund
2.26%% of Benchmark
1.1%% Underweight/Overweight
1.16%Brokerage
% of Fund
1.44%% of Benchmark
0.92%% Underweight/Overweight
0.52%Energy
% of Fund
0.79%% of Benchmark
2.08%% Underweight/Overweight
-1.29%Telecommunication Svcs.
% of Fund
0.35%% of Benchmark
0%% Underweight/Overweight
0.35%Geographic Diversification
As of June 30, 2024
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| United States | 57.57% | 57.66% | -0.09% |
| Canada | 9.27% | 4.77% | 4.5% |
| United Kingdom | 9.18% | 9.15% | 0.03% |
| France | 8.46% | 7.2% | 1.26% |
| Spain | 3.88% | 1.5% | 2.38% |
| Switzerland | 2.81% | 3.49% | -0.68% |
| Netherlands | 2.61% | 1.92% | 0.69% |
| Australia | 1.93% | 1.88% | 0.05% |
| Germany | 1.65% | 1.87% | -0.22% |
| Italy | 1.62% | 0.27% | 1.35% |
| Japan | 1.39% | 7.73% | -6.34% |
| Ireland | 0.87% | - | 0.87% |
| Sweden | 0.68% | 0.79% | -0.11% |
| Finland | 0.28% | 0.56% | -0.28% |
| Austria | 0.27% | - | 0.27% |
United States
% of Fund
57.57%% of Benchmark
57.66%% Underweight/Overweight
-0.09%Canada
% of Fund
9.27%% of Benchmark
4.77%% Underweight/Overweight
4.5%United Kingdom
% of Fund
9.18%% of Benchmark
9.15%% Underweight/Overweight
0.03%France
% of Fund
8.46%% of Benchmark
7.2%% Underweight/Overweight
1.26%Spain
% of Fund
3.88%% of Benchmark
1.5%% Underweight/Overweight
2.38%Switzerland
% of Fund
2.81%% of Benchmark
3.49%% Underweight/Overweight
-0.68%Netherlands
% of Fund
2.61%% of Benchmark
1.92%% Underweight/Overweight
0.69%Australia
% of Fund
1.93%% of Benchmark
1.88%% Underweight/Overweight
0.05%Germany
% of Fund
1.65%% of Benchmark
1.87%% Underweight/Overweight
-0.22%Italy
% of Fund
1.62%% of Benchmark
0.27%% Underweight/Overweight
1.35%Japan
% of Fund
1.39%% of Benchmark
7.73%% Underweight/Overweight
-6.34%Ireland
% of Fund
0.87%% of Benchmark
0%% Underweight/Overweight
0.87%Sweden
% of Fund
0.68%% of Benchmark
0.79%% Underweight/Overweight
-0.11%Finland
% of Fund
0.28%% of Benchmark
0.56%% Underweight/Overweight
-0.28%Austria
% of Fund
0.27%% of Benchmark
0%% Underweight/Overweight
0.27%Portfolio weights are subject to change without notice. Due to rounding, values might not add up to 100%. The mention of specific securities is not a recommendation or solicitation to buy, sell or hold any particular security.
Distribution Information
This fund intends to make monthly distributions.
| Pay Date | Record Date | Ex-Dividend Date | Type | Amount/Share |
|---|---|---|---|---|
| 8/30/24 | 8/13/24 | 8/13/24 | Regular | $0.131 |
| 6/28/24 | 6/11/24 | 6/11/24 | Regular | $0.131 |
| 5/31/24 | 5/15/24 | 5/14/24 | Regular | $0.131 |
| 4/30/24 | 4/10/24 | 4/9/24 | Regular | $0.131 |
| 3/28/24 | 3/13/24 | 3/12/24 | Regular | $0.131 |
| 2/29/24 | 2/14/24 | 2/13/24 | Regular | $0.131 |
| 1/31/24 | 1/17/24 | 1/16/24 | Regular | $0.131 |
| 12/29/23 | 12/13/23 | 12/12/23 | Regular | $0.131 |
| 11/30/23 | 11/15/23 | 11/14/23 | Regular | $0.131 |
| 10/31/23 | 10/11/23 | 10/10/23 | Regular | $0.131 |
| 9/29/23 | 9/13/23 | 9/12/23 | Regular | $0.131 |
| 8/31/23 | 8/15/23 | 8/16/23 | Regular | $0.131 |
| 7/31/23 | 7/12/23 | 7/11/23 | Regular | $0.131 |
| 6/30/23 | 6/14/23 | 6/13/23 | Regular | $0.135 |
| 5/31/23 | 5/10/23 | 5/9/23 | Regular | $0.135 |
| 4/28/23 | 4/12/23 | 4/11/23 | Regular | $0.135 |
| 3/31/23 | 3/15/23 | 3/14/23 | Regular | $0.135 |
| 2/28/23 | 2/15/23 | 2/14/23 | Regular | $0.135 |
| 1/31/23 | 1/18/23 | 1/17/23 | Regular | $0.135 |
| 12/30/22 | 12/14/22 | 12/13/22 | Regular | $0.135 |
| 11/30/22 | 11/16/22 | 11/15/22 | Regular | $0.135 |
| 10/31/22 | 10/12/22 | 10/11/22 | Regular | $0.135 |
| 9/30/22 | 9/14/22 | 9/13/22 | Regular | $0.135 |
| 8/31/22 | 8/17/22 | 8/16/22 | Regular | $0.135 |
| 7/29/22 | 7/13/22 | 7/12/22 | Regular | $0.135 |
| 6/30/22 | 6/15/22 | 6/14/22 | Regular | $0.135 |
| 5/31/22 | 5/11/22 | 5/10/22 | Regular | $0.135 |
| 4/29/22 | 4/13/22 | 4/12/22 | Regular | $0.135 |
| 3/31/22 | 3/16/22 | 3/15/22 | Regular | $0.135 |
| 2/28/22 | 2/16/22 | 2/15/22 | Regular | $0.135 |
| 1/31/22 | 1/12/22 | 1/11/22 | Regular | $0.135 |
| 12/31/21 | 12/15/21 | 12/14/21 | Regular | $0.143 |
| 12/27/21 | 12/28/21 | 1/6/22 | Special | $0.4 |
| 11/30/21 | 11/17/21 | 11/16/21 | Regular | $0.143 |
| 10/29/21 | 10/13/21 | 10/12/21 | Regular | $0.143 |
| 9/30/21 | 9/15/21 | 9/14/21 | Regular | $0.143 |
| 8/31/21 | 8/18/21 | 8/17/21 | Regular | $0.143 |
| 7/30/21 | 7/14/21 | 7/13/21 | Regular | $0.143 |
| 6/30/21 | 6/14/21 | 6/15/21 | Regular | $0.143 |
| 5/28/21 | 5/12/21 | 5/11/21 | Regular | $0.143 |
| 4/30/21 | 4/14/21 | 4/13/21 | Regular | $0.143 |
| 3/31/21 | 3/17/21 | 3/16/21 | Regular | $0.143 |
| 2/26/21 | 2/10/21 | 2/9/21 | Regular | $0.143 |
| 1/29/21 | 1/13/21 | 1/12/21 | Regular | $0.143 |
| 12/31/20 | 12/16/20 | 12/15/20 | Regular | $0.143 |
| 11/30/20 | 11/18/20 | 11/17/20 | Regular | $0.143 |
| 10/30/20 | 10/14/20 | 10/13/20 | Regular | $0.143 |
| 9/30/20 | 9/16/20 | 9/15/20 | Regular | $0.143 |
| 8/31/20 | 8/19/20 | 8/18/20 | Regular | $0.143 |
| 7/31/20 | 7/15/20 | 7/14/20 | Regular | $0.143 |
| 6/30/20 | 6/17/20 | 6/16/20 | Regular | $0.156 |
| 5/29/20 | 5/13/20 | 5/12/20 | Regular | $0.156 |
| 4/30/20 | 4/15/20 | 4/14/20 | Regular | $0.156 |
| 3/31/20 | 3/18/20 | 3/17/20 | Regular | $0.156 |
| 2/28/20 | 2/12/20 | 2/11/20 | Regular | $0.156 |
| 1/31/20 | 1/15/20 | 1/14/20 | Regular | $0.156 |
| 12/31/19 | 12/18/19 | 12/17/19 | Regular | $0.156 |
| 11/29/19 | 11/13/19 | 11/12/19 | Regular | $0.156 |
| 10/31/19 | 10/16/19 | 10/15/19 | Regular | $0.156 |
| 9/30/19 | 9/18/19 | 9/17/19 | Regular | $0.156 |
| 8/30/19 | 8/21/19 | 8/20/19 | Regular | $0.156 |
| 7/31/19 | 7/17/19 | 7/16/19 | Regular | $0.156 |
| 6/28/19 | 6/19/19 | 6/18/19 | Regular | $0.156 |
| 5/31/19 | 5/15/19 | 5/14/19 | Regular | $0.156 |
| 4/30/19 | 4/17/19 | 4/16/19 | Regular | $0.156 |
| 3/29/19 | 3/20/19 | 3/19/19 | Regular | $0.156 |
| 2/28/19 | 2/13/19 | 2/12/19 | Regular | $0.156 |
| 1/31/19 | 1/16/19 | 1/15/19 | Regular | $0.156 |
| 12/31/18 | 12/19/18 | 12/18/18 | Regular | $0.156 |
| 11/30/18 | 11/14/18 | 11/13/18 | Regular | $0.156 |
| 10/31/18 | 10/17/18 | 10/16/18 | Regular | $0.156 |
| 9/28/18 | 9/19/18 | 9/18/18 | Regular | $0.156 |
| 8/31/18 | 8/22/18 | 8/21/18 | Regular | $0.156 |
| 7/31/18 | 7/18/18 | 7/17/18 | Regular | $0.156 |
| 6/29/18 | 6/20/18 | 6/19/18 | Regular | $0.156 |
| 5/31/18 | 5/16/18 | 5/15/18 | Regular | $0.156 |
| 4/30/18 | 4/18/18 | 4/17/18 | Regular | $0.156 |
| 3/29/18 | 3/21/18 | 3/20/18 | Regular | $0.156 |
| 2/28/18 | 2/14/18 | 2/13/18 | Regular | $0.156 |
| 1/31/18 | 1/17/18 | 1/16/18 | Regular | $0.156 |
| 1/10/18 | 12/29/17 | 12/28/17 | Regular | $0.1 |
| 12/29/17 | 12/20/17 | 12/19/17 | Regular | $0.156 |
| 11/30/17 | 11/15/17 | 11/14/17 | Regular | $0.156 |
| 10/31/17 | 10/18/17 | 10/17/17 | Regular | $0.156 |
| 9/29/17 | 9/20/17 | 9/19/17 | Regular | $0.156 |
| 8/31/17 | 8/17/17 | 8/15/17 | Regular | $0.156 |
| 7/31/17 | 7/20/17 | 7/18/17 | Regular | $0.156 |
| 6/30/17 | 6/22/17 | 6/20/17 | Regular | $0.156 |
| 5/31/17 | 5/18/17 | 5/16/17 | Regular | $0.156 |
| 4/28/17 | 4/20/17 | 4/18/17 | Regular | $0.156 |
| 3/31/17 | 3/23/17 | 3/21/17 | Regular | $0.156 |
| 2/28/17 | 2/16/17 | 2/14/17 | Regular | $0.156 |
| 1/31/17 | 1/19/17 | 1/17/17 | Regular | $0.156 |
| 1/17/17 | 12/30/16 | 12/28/16 | Regular | $0.01 |
| 12/30/16 | 12/13/16 | 12/9/16 | Regular | $0.156 |
| 11/30/16 | 11/18/16 | 11/16/16 | Regular | $0.156 |
| 10/31/16 | 10/20/16 | 10/18/16 | Regular | $0.156 |
| 9/30/16 | 9/22/16 | 9/20/16 | Regular | $0.156 |
| 8/31/16 | 8/22/16 | 8/18/16 | Regular | $0.156 |
| 7/29/16 | 7/18/16 | 7/14/16 | Regular | $0.156 |
| 6/30/16 | 6/22/16 | 6/20/16 | Regular | $0.156 |
| 5/31/16 | 5/16/16 | 5/12/16 | Regular | $0.156 |
| 4/29/16 | 4/18/16 | 4/14/16 | Regular | $0.156 |
| 3/31/16 | 3/22/16 | 3/18/16 | Regular | $0.156 |
| Pay Date | Record Date | Ex-Dividend Date |
|---|---|---|
| 8/30/24 | 8/13/24 | 8/13/24 |
|
Type Regular |
Amount/Share 0.131 |
|
| 6/28/24 | 6/11/24 | 6/11/24 |
|
Type Regular |
Amount/Share 0.131 |
|
| 5/31/24 | 5/15/24 | 5/14/24 |
|
Type Regular |
Amount/Share 0.131 |
|
| 4/30/24 | 4/10/24 | 4/9/24 |
|
Type Regular |
Amount/Share 0.131 |
|
| 3/28/24 | 3/13/24 | 3/12/24 |
|
Type Regular |
Amount/Share 0.131 |
|
| 2/29/24 | 2/14/24 | 2/13/24 |
|
Type Regular |
Amount/Share 0.131 |
|
| 1/31/24 | 1/17/24 | 1/16/24 |
|
Type Regular |
Amount/Share 0.131 |
|
| 12/29/23 | 12/13/23 | 12/12/23 |
|
Type Regular |
Amount/Share 0.131 |
|
| 11/30/23 | 11/15/23 | 11/14/23 |
|
Type Regular |
Amount/Share 0.131 |
|
| 10/31/23 | 10/11/23 | 10/10/23 |
|
Type Regular |
Amount/Share 0.131 |
|
| 9/29/23 | 9/13/23 | 9/12/23 |
|
Type Regular |
Amount/Share 0.131 |
|
| 8/31/23 | 8/15/23 | 8/16/23 |
|
Type Regular |
Amount/Share 0.131 |
|
| 7/31/23 | 7/12/23 | 7/11/23 |
|
Type Regular |
Amount/Share 0.131 |
|
| 6/30/23 | 6/14/23 | 6/13/23 |
|
Type Regular |
Amount/Share 0.135 |
|
| 5/31/23 | 5/10/23 | 5/9/23 |
|
Type Regular |
Amount/Share 0.135 |
|
| 4/28/23 | 4/12/23 | 4/11/23 |
|
Type Regular |
Amount/Share 0.135 |
|
| 3/31/23 | 3/15/23 | 3/14/23 |
|
Type Regular |
Amount/Share 0.135 |
|
| 2/28/23 | 2/15/23 | 2/14/23 |
|
Type Regular |
Amount/Share 0.135 |
|
| 1/31/23 | 1/18/23 | 1/17/23 |
|
Type Regular |
Amount/Share 0.135 |
|
| 12/30/22 | 12/14/22 | 12/13/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 11/30/22 | 11/16/22 | 11/15/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 10/31/22 | 10/12/22 | 10/11/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 9/30/22 | 9/14/22 | 9/13/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 8/31/22 | 8/17/22 | 8/16/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 7/29/22 | 7/13/22 | 7/12/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 6/30/22 | 6/15/22 | 6/14/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 5/31/22 | 5/11/22 | 5/10/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 4/29/22 | 4/13/22 | 4/12/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 3/31/22 | 3/16/22 | 3/15/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 2/28/22 | 2/16/22 | 2/15/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 1/31/22 | 1/12/22 | 1/11/22 |
|
Type Regular |
Amount/Share 0.135 |
|
| 12/31/21 | 12/15/21 | 12/14/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 12/27/21 | 12/28/21 | 1/6/22 |
|
Type Special |
Amount/Share 0.4 |
|
| 11/30/21 | 11/17/21 | 11/16/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 10/29/21 | 10/13/21 | 10/12/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 9/30/21 | 9/15/21 | 9/14/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 8/31/21 | 8/18/21 | 8/17/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 7/30/21 | 7/14/21 | 7/13/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 6/30/21 | 6/14/21 | 6/15/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 5/28/21 | 5/12/21 | 5/11/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 4/30/21 | 4/14/21 | 4/13/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 3/31/21 | 3/17/21 | 3/16/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 2/26/21 | 2/10/21 | 2/9/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 1/29/21 | 1/13/21 | 1/12/21 |
|
Type Regular |
Amount/Share 0.143 |
|
| 12/31/20 | 12/16/20 | 12/15/20 |
|
Type Regular |
Amount/Share 0.143 |
|
| 11/30/20 | 11/18/20 | 11/17/20 |
|
Type Regular |
Amount/Share 0.143 |
|
| 10/30/20 | 10/14/20 | 10/13/20 |
|
Type Regular |
Amount/Share 0.143 |
|
| 9/30/20 | 9/16/20 | 9/15/20 |
|
Type Regular |
Amount/Share 0.143 |
|
| 8/31/20 | 8/19/20 | 8/18/20 |
|
Type Regular |
Amount/Share 0.143 |
|
| 7/31/20 | 7/15/20 | 7/14/20 |
|
Type Regular |
Amount/Share 0.143 |
|
| 6/30/20 | 6/17/20 | 6/16/20 |
|
Type Regular |
Amount/Share 0.156 |
|
| 5/29/20 | 5/13/20 | 5/12/20 |
|
Type Regular |
Amount/Share 0.156 |
|
| 4/30/20 | 4/15/20 | 4/14/20 |
|
Type Regular |
Amount/Share 0.156 |
|
| 3/31/20 | 3/18/20 | 3/17/20 |
|
Type Regular |
Amount/Share 0.156 |
|
| 2/28/20 | 2/12/20 | 2/11/20 |
|
Type Regular |
Amount/Share 0.156 |
|
| 1/31/20 | 1/15/20 | 1/14/20 |
|
Type Regular |
Amount/Share 0.156 |
|
| 12/31/19 | 12/18/19 | 12/17/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 11/29/19 | 11/13/19 | 11/12/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 10/31/19 | 10/16/19 | 10/15/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 9/30/19 | 9/18/19 | 9/17/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 8/30/19 | 8/21/19 | 8/20/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 7/31/19 | 7/17/19 | 7/16/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 6/28/19 | 6/19/19 | 6/18/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 5/31/19 | 5/15/19 | 5/14/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 4/30/19 | 4/17/19 | 4/16/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 3/29/19 | 3/20/19 | 3/19/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 2/28/19 | 2/13/19 | 2/12/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 1/31/19 | 1/16/19 | 1/15/19 |
|
Type Regular |
Amount/Share 0.156 |
|
| 12/31/18 | 12/19/18 | 12/18/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 11/30/18 | 11/14/18 | 11/13/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 10/31/18 | 10/17/18 | 10/16/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 9/28/18 | 9/19/18 | 9/18/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 8/31/18 | 8/22/18 | 8/21/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 7/31/18 | 7/18/18 | 7/17/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 6/29/18 | 6/20/18 | 6/19/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 5/31/18 | 5/16/18 | 5/15/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 4/30/18 | 4/18/18 | 4/17/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 3/29/18 | 3/21/18 | 3/20/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 2/28/18 | 2/14/18 | 2/13/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 1/31/18 | 1/17/18 | 1/16/18 |
|
Type Regular |
Amount/Share 0.156 |
|
| 1/10/18 | 12/29/17 | 12/28/17 |
|
Type Regular |
Amount/Share 0.1 |
|
| 12/29/17 | 12/20/17 | 12/19/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 11/30/17 | 11/15/17 | 11/14/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 10/31/17 | 10/18/17 | 10/17/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 9/29/17 | 9/20/17 | 9/19/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 8/31/17 | 8/17/17 | 8/15/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 7/31/17 | 7/20/17 | 7/18/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 6/30/17 | 6/22/17 | 6/20/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 5/31/17 | 5/18/17 | 5/16/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 4/28/17 | 4/20/17 | 4/18/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 3/31/17 | 3/23/17 | 3/21/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 2/28/17 | 2/16/17 | 2/14/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 1/31/17 | 1/19/17 | 1/17/17 |
|
Type Regular |
Amount/Share 0.156 |
|
| 1/17/17 | 12/30/16 | 12/28/16 |
|
Type Regular |
Amount/Share 0.01 |
|
| 12/30/16 | 12/13/16 | 12/9/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 11/30/16 | 11/18/16 | 11/16/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 10/31/16 | 10/20/16 | 10/18/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 9/30/16 | 9/22/16 | 9/20/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 8/31/16 | 8/22/16 | 8/18/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 7/29/16 | 7/18/16 | 7/14/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 6/30/16 | 6/22/16 | 6/20/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 5/31/16 | 5/16/16 | 5/12/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 4/29/16 | 4/18/16 | 4/14/16 |
|
Type Regular |
Amount/Share 0.156 |
|
| 3/31/16 | 3/22/16 | 3/18/16 |
|
Type Regular |
Amount/Share 0.156 |
Estimated Sources of Distribution
| Pay Date | Class | Per Share Distribution | Net Investment Income | Return Of Capital | Long Term Gain | Short Term Gain |
|---|---|---|---|---|---|---|
| 8/30/24 | Single | $0.131 | $0.131 | $0 | $0 | $0 |
| 6/28/24 | Single | $0.131 | $0.131 | $0 | $0 | $0 |
| 5/31/24 | Single | $0.131 | $0.127 | $0.004 | $0 | $0 |
| 4/30/24 | Single | $0.131 | $0.131 | $0 | $0 | $0 |
| 3/28/24 | Single | $0.131 | $0.131 | $0 | $0 | $0 |
| 2/29/24 | Single | $0.131 | $0.105 | $0.026 | $0 | $0 |
| 1/31/24 | Single | $0.131 | $0.109 | $0.022 | $0 | $0 |
| 12/29/23 | Single | $0.131 | $0.131 | $0 | $0 | $0 |
| 11/30/23 | Single | $0.131 | $0.096 | $0.035 | $0 | $0 |
| 10/31/23 | Single | $0.131 | $0.115 | $0.016 | $0 | $0 |
| 9/29/23 | Single | $0.131 | $0.126 | $0.005 | $0 | $0 |
| 8/31/23 | Single | $0.131 | $0.115 | $0.016 | $0 | $0 |
| 7/31/23 | Single | $0.131 | $0.103 | $0.028 | $0 | $0 |
| 6/30/23 | Single | $0.135 | $0.134 | $0.001 | $0 | $0 |
| 5/31/23 | Single | $0.135 | $0.0549 | $0.0801 | $0 | $0 |
| 4/28/23 | Single | $0.135 | $0.107 | $0.028 | $0 | $0 |
| 3/31/23 | Single | $0.135 | $0.1309 | $0.0041 | $0 | $0 |
| 2/28/23 | Single | $0.135 | $0.1028 | $0.0322 | $0 | $0 |
| 1/31/23 | Single | $0.135 | $0.1112 | $0.0238 | $0 | $0 |
| 12/30/22 | Single | $0.135 | $0.1257 | $0.0093 | $0 | $0 |
| 11/30/22 | Single | $0.135 | $0.1187 | $0.0163 | $0 | $0 |
| 10/31/22 | Single | $0.135 | $0.0958 | $0.0392 | $0 | $0 |
| 9/30/22 | Single | $0.135 | $0.1264 | $0.0086 | $0 | $0 |
| 8/31/22 | Single | $0.135 | $0.1064 | $0.0286 | $0 | $0 |
| 7/29/22 | Single | $0.135 | $0.0964 | $0.0386 | $0 | $0 |
| 6/30/22 | Single | $0.135 | $0.1191 | $0.0159 | $0 | $0 |
| 5/31/22 | Single | $0.135 | $0.1096 | $0.0254 | $0 | $0 |
| 4/29/22 | Single | $0.135 | $0.0951 | $0.0399 | $0 | $0 |
| 3/31/22 | Single | $0.135 | $0.1165 | $0.0185 | $0 | $0 |
| 2/28/22 | Single | $0.135 | $0.0805 | $0 | $0.0545 | $0 |
| 1/31/22 | Single | $0.135 | $0.0961 | $0.0389 | $0 | $0 |
| 12/31/21 | Single | $0.143 | $0.1112 | $0 | $0.0318 | $0 |
| 12/27/21 | Single | $0.4 | $0 | $0 | $0.4 | $0 |
| 11/30/21 | Single | $0.143 | $0.0978 | $0 | $0.0452 | $0 |
| 10/29/21 | Single | $0.143 | $0.0903 | $0 | $0.0527 | $0 |
| 9/30/21 | Single | $0.143 | $0.1198 | $0 | $0.0232 | $0 |
| 8/31/21 | Single | $0.143 | $0.101 | $0 | $0.042 | $0 |
| 7/30/21 | Single | $0.143 | $0.0858 | $0 | $0.0572 | $0 |
| 6/30/21 | Single | $0.143 | $0.1244 | $0 | $0.0186 | $0 |
| 5/28/21 | Single | $0.143 | $0.101 | $0 | $0.042 | $0 |
| 4/30/21 | Single | $0.143 | $0.0896 | $0 | $0.0534 | $0 |
| 3/31/21 | Single | $0.143 | $0.1217 | $0 | $0.0213 | $0 |
| 2/26/21 | Single | $0.143 | $0.1042 | $0.0388 | $0 | $0 |
| 1/29/21 | Single | $0.143 | $0.0924 | $0.0506 | $0 | $0 |
| 12/31/20 | Single | $0.143 | $0.1293 | $0.0137 | $0 | $0 |
| 11/30/20 | Single | $0.143 | $0.1125 | $0.0305 | $0 | $0 |
| 10/30/20 | Single | $0.143 | $0.0981 | $0.0449 | $0 | $0 |
| 9/30/20 | Single | $0.143 | $0.135 | $0.008 | $0 | $0 |
| 8/31/20 | Single | $0.143 | $0.1234 | $0.0196 | $0 | $0 |
| 7/31/20 | Single | $0.143 | $0.0955 | $0.0475 | $0 | $0 |
| 6/30/20 | Single | $0.156 | $0.1286 | $0.0274 | $0 | $0 |
| 5/29/20 | Single | $0.156 | $0.1315 | $0.0245 | $0 | $0 |
| 4/30/20 | Single | $0.156 | $0.0987 | $0.0573 | $0 | $0 |
| 3/31/20 | Single | $0.156 | $0.141 | $0 | $0.015 | $0 |
| 2/28/20 | Single | $0.156 | $0.1177 | $0 | $0.0383 | $0 |
| 1/31/20 | Single | $0.156 | $0.1109 | $0.0451 | $0.0133 | $0 |
| 12/31/19 | Single | $0.156 | $0.1329 | $0.0098 | $0.0133 | $0 |
| 11/29/19 | Single | $0.156 | $0.1309 | $0.0067 | $0.0034 | $0.015 |
| 10/31/19 | Single | $0.156 | $0.1096 | $0 | $0.0261 | $0.0203 |
| 9/30/19 | Single | $0.156 | $0.1395 | $0 | $0.0117 | $0.0048 |
| 8/30/19 | Single | $0.156 | $0.1415 | $0 | $0.0145 | $0 |
| 7/31/19 | Single | $0.156 | $0.1061 | $0.0061 | $0.0309 | $0.0129 |
| 6/28/19 | Single | $0.156 | $0.138 | $0.018 | $0 | $0 |
| 5/31/19 | Single | $0.156 | $0.1352 | $0.0208 | $0 | $0 |
| 4/30/19 | Single | $0.156 | $0.0995 | $0.0565 | $0 | $0 |
| 3/29/19 | Single | $0.156 | $0.1335 | $0.0225 | $0 | $0 |
| 2/28/19 | Single | $0.156 | $0.1365 | $0.0195 | $0 | $0 |
| 1/31/19 | Single | $0.156 | $0.0944 | $0.0616 | $0 | $0 |
| 12/31/18 | Single | $0.156 | $0.1325 | $0 | $0.0235 | $0 |
| 11/30/18 | Single | $0.156 | $0.1343 | $0 | $0.0217 | $0 |
| 10/31/18 | Single | $0.156 | $0.0915 | $0.0571 | $0.0074 | $0 |
| 9/28/18 | Single | $0.156 | $0.1373 | $0.0046 | $0.0141 | $0 |
| 8/31/18 | Single | $0.156 | $0.1419 | $0.0141 | $0 | $0 |
| 7/31/18 | Single | $0.156 | $0.0899 | $0.0346 | $0.0315 | $0 |
| 6/29/18 | Single | $0.156 | $0.1216 | $0.0344 | $0 | $0 |
| 5/31/18 | Single | $0.156 | $0.1301 | $0.0206 | $0.0053 | $0 |
| 4/30/18 | Single | $0.156 | $0.0985 | $0.0044 | $0.0531 | $0 |
| 3/29/18 | Single | $0.156 | $0.1251 | $0.0231 | $0.0078 | $0 |
| 2/28/18 | Single | $0.156 | $0.0947 | $0 | $0.0613 | $0 |
| 1/31/18 | Single | $0.156 | $0 | $0 | $0.156 | $0 |
| 1/10/18 | Single | $0.1 | $0 | $0 | $0.1 | $0 |
| 12/29/17 | Single | $0.156 | $0.156 | $0 | $0 | $0 |
| 11/30/17 | Single | $0.156 | $0.1307 | $0 | $0.0253 | $0 |
| 10/31/17 | Single | $0.156 | $0.0067 | $0 | $0.1493 | $0 |
| 9/29/17 | Single | $0.156 | $0.156 | $0 | $0 | $0 |
| 8/31/17 | Single | $0.156 | $0.156 | $0 | $0 | $0 |
| 7/31/17 | Single | $0.156 | $0.0963 | $0 | $0.0597 | $0 |
| 6/30/17 | Single | $0.156 | $0.145 | $0 | $0.011 | $0 |
| 5/31/17 | Single | $0.156 | $0.1356 | $0 | $0.0204 | $0 |
| 4/28/17 | Single | $0.156 | $0.0953 | $0 | $0.0607 | $0 |
| 3/31/17 | Single | $0.156 | $0.156 | $0 | $0 | $0 |
| 2/28/17 | Single | $0.156 | $0.1437 | $0 | $0.0123 | $0 |
| 1/31/17 | Single | $0.156 | $0.0418 | $0 | $0.1142 | $0 |
| 1/17/17 | Single | $0.01 | $0 | $0 | $0.01 | $0 |
| 12/30/16 | Single | $0.156 | $0.1363 | $0.0197 | $0 | $0 |
| 11/30/16 | Single | $0.156 | $0.1329 | $0.0231 | $0 | $0 |
| 10/31/16 | Single | $0.156 | $0.0953 | $0.0607 | $0 | $0 |
| 9/30/16 | Single | $0.156 | $0.149 | $0.007 | $0 | $0 |
| 8/31/16 | Single | $0.156 | $0.1344 | $0.0216 | $0 | $0 |
| 7/29/16 | Single | $0.156 | $0.0964 | $0.0596 | $0 | $0 |
| 6/30/16 | Single | $0.156 | $0.1528 | $0.0032 | $0 | $0 |
| 5/31/16 | Single | $0.156 | $0.1256 | $0.0304 | $0 | $0 |
| 4/29/16 | Single | $0.156 | $0.106 | $0.05 | $0 | $0 |
| 3/31/16 | Single | $0.156 | $0.156 | $0 | $0 | $0 |
Pay Date
8/30/24Class
SinglePer Share Distribution
0.131Net Investment Income
0.131Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
6/28/24Class
SinglePer Share Distribution
0.131Net Investment Income
0.131Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
5/31/24Class
SinglePer Share Distribution
0.131Net Investment Income
0.127Return Of Capital
0.004Long Term Gain
0Short Term Gain
0Pay Date
4/30/24Class
SinglePer Share Distribution
0.131Net Investment Income
0.131Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
3/28/24Class
SinglePer Share Distribution
0.131Net Investment Income
0.131Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
2/29/24Class
SinglePer Share Distribution
0.131Net Investment Income
0.105Return Of Capital
0.026Long Term Gain
0Short Term Gain
0Pay Date
1/31/24Class
SinglePer Share Distribution
0.131Net Investment Income
0.109Return Of Capital
0.022Long Term Gain
0Short Term Gain
0Pay Date
12/29/23Class
SinglePer Share Distribution
0.131Net Investment Income
0.131Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
11/30/23Class
SinglePer Share Distribution
0.131Net Investment Income
0.096Return Of Capital
0.035Long Term Gain
0Short Term Gain
0Pay Date
10/31/23Class
SinglePer Share Distribution
0.131Net Investment Income
0.115Return Of Capital
0.016Long Term Gain
0Short Term Gain
0Pay Date
9/29/23Class
SinglePer Share Distribution
0.131Net Investment Income
0.126Return Of Capital
0.005Long Term Gain
0Short Term Gain
0Pay Date
8/31/23Class
SinglePer Share Distribution
0.131Net Investment Income
0.115Return Of Capital
0.016Long Term Gain
0Short Term Gain
0Pay Date
7/31/23Class
SinglePer Share Distribution
0.131Net Investment Income
0.103Return Of Capital
0.028Long Term Gain
0Short Term Gain
0Pay Date
6/30/23Class
SinglePer Share Distribution
0.135Net Investment Income
0.134Return Of Capital
0.001Long Term Gain
0Short Term Gain
0Pay Date
5/31/23Class
SinglePer Share Distribution
0.135Net Investment Income
0.0549Return Of Capital
0.0801Long Term Gain
0Short Term Gain
0Pay Date
4/28/23Class
SinglePer Share Distribution
0.135Net Investment Income
0.107Return Of Capital
0.028Long Term Gain
0Short Term Gain
0Pay Date
3/31/23Class
SinglePer Share Distribution
0.135Net Investment Income
0.1309Return Of Capital
0.0041Long Term Gain
0Short Term Gain
0Pay Date
2/28/23Class
SinglePer Share Distribution
0.135Net Investment Income
0.1028Return Of Capital
0.0322Long Term Gain
0Short Term Gain
0Pay Date
1/31/23Class
SinglePer Share Distribution
0.135Net Investment Income
0.1112Return Of Capital
0.0238Long Term Gain
0Short Term Gain
0Pay Date
12/30/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.1257Return Of Capital
0.0093Long Term Gain
0Short Term Gain
0Pay Date
11/30/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.1187Return Of Capital
0.0163Long Term Gain
0Short Term Gain
0Pay Date
10/31/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.0958Return Of Capital
0.0392Long Term Gain
0Short Term Gain
0Pay Date
9/30/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.1264Return Of Capital
0.0086Long Term Gain
0Short Term Gain
0Pay Date
8/31/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.1064Return Of Capital
0.0286Long Term Gain
0Short Term Gain
0Pay Date
7/29/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.0964Return Of Capital
0.0386Long Term Gain
0Short Term Gain
0Pay Date
6/30/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.1191Return Of Capital
0.0159Long Term Gain
0Short Term Gain
0Pay Date
5/31/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.1096Return Of Capital
0.0254Long Term Gain
0Short Term Gain
0Pay Date
4/29/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.0951Return Of Capital
0.0399Long Term Gain
0Short Term Gain
0Pay Date
3/31/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.1165Return Of Capital
0.0185Long Term Gain
0Short Term Gain
0Pay Date
2/28/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.0805Return Of Capital
0Long Term Gain
0.0545Short Term Gain
0Pay Date
1/31/22Class
SinglePer Share Distribution
0.135Net Investment Income
0.0961Return Of Capital
0.0389Long Term Gain
0Short Term Gain
0Pay Date
12/31/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.1112Return Of Capital
0Long Term Gain
0.0318Short Term Gain
0Pay Date
12/27/21Class
SinglePer Share Distribution
0.4Net Investment Income
0Return Of Capital
0Long Term Gain
0.4Short Term Gain
0Pay Date
11/30/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.0978Return Of Capital
0Long Term Gain
0.0452Short Term Gain
0Pay Date
10/29/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.0903Return Of Capital
0Long Term Gain
0.0527Short Term Gain
0Pay Date
9/30/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.1198Return Of Capital
0Long Term Gain
0.0232Short Term Gain
0Pay Date
8/31/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.101Return Of Capital
0Long Term Gain
0.042Short Term Gain
0Pay Date
7/30/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.0858Return Of Capital
0Long Term Gain
0.0572Short Term Gain
0Pay Date
6/30/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.1244Return Of Capital
0Long Term Gain
0.0186Short Term Gain
0Pay Date
5/28/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.101Return Of Capital
0Long Term Gain
0.042Short Term Gain
0Pay Date
4/30/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.0896Return Of Capital
0Long Term Gain
0.0534Short Term Gain
0Pay Date
3/31/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.1217Return Of Capital
0Long Term Gain
0.0213Short Term Gain
0Pay Date
2/26/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.1042Return Of Capital
0.0388Long Term Gain
0Short Term Gain
0Pay Date
1/29/21Class
SinglePer Share Distribution
0.143Net Investment Income
0.0924Return Of Capital
0.0506Long Term Gain
0Short Term Gain
0Pay Date
12/31/20Class
SinglePer Share Distribution
0.143Net Investment Income
0.1293Return Of Capital
0.0137Long Term Gain
0Short Term Gain
0Pay Date
11/30/20Class
SinglePer Share Distribution
0.143Net Investment Income
0.1125Return Of Capital
0.0305Long Term Gain
0Short Term Gain
0Pay Date
10/30/20Class
SinglePer Share Distribution
0.143Net Investment Income
0.0981Return Of Capital
0.0449Long Term Gain
0Short Term Gain
0Pay Date
9/30/20Class
SinglePer Share Distribution
0.143Net Investment Income
0.135Return Of Capital
0.008Long Term Gain
0Short Term Gain
0Pay Date
8/31/20Class
SinglePer Share Distribution
0.143Net Investment Income
0.1234Return Of Capital
0.0196Long Term Gain
0Short Term Gain
0Pay Date
7/31/20Class
SinglePer Share Distribution
0.143Net Investment Income
0.0955Return Of Capital
0.0475Long Term Gain
0Short Term Gain
0Pay Date
6/30/20Class
SinglePer Share Distribution
0.156Net Investment Income
0.1286Return Of Capital
0.0274Long Term Gain
0Short Term Gain
0Pay Date
5/29/20Class
SinglePer Share Distribution
0.156Net Investment Income
0.1315Return Of Capital
0.0245Long Term Gain
0Short Term Gain
0Pay Date
4/30/20Class
SinglePer Share Distribution
0.156Net Investment Income
0.0987Return Of Capital
0.0573Long Term Gain
0Short Term Gain
0Pay Date
3/31/20Class
SinglePer Share Distribution
0.156Net Investment Income
0.141Return Of Capital
0Long Term Gain
0.015Short Term Gain
0Pay Date
2/28/20Class
SinglePer Share Distribution
0.156Net Investment Income
0.1177Return Of Capital
0Long Term Gain
0.0383Short Term Gain
0Pay Date
1/31/20Class
SinglePer Share Distribution
0.156Net Investment Income
0.1109Return Of Capital
0.0451Long Term Gain
0.0133Short Term Gain
0Pay Date
12/31/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1329Return Of Capital
0.0098Long Term Gain
0.0133Short Term Gain
0Pay Date
11/29/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1309Return Of Capital
0.0067Long Term Gain
0.0034Short Term Gain
0.015Pay Date
10/31/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1096Return Of Capital
0Long Term Gain
0.0261Short Term Gain
0.0203Pay Date
9/30/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1395Return Of Capital
0Long Term Gain
0.0117Short Term Gain
0.0048Pay Date
8/30/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1415Return Of Capital
0Long Term Gain
0.0145Short Term Gain
0Pay Date
7/31/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1061Return Of Capital
0.0061Long Term Gain
0.0309Short Term Gain
0.0129Pay Date
6/28/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.138Return Of Capital
0.018Long Term Gain
0Short Term Gain
0Pay Date
5/31/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1352Return Of Capital
0.0208Long Term Gain
0Short Term Gain
0Pay Date
4/30/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.0995Return Of Capital
0.0565Long Term Gain
0Short Term Gain
0Pay Date
3/29/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1335Return Of Capital
0.0225Long Term Gain
0Short Term Gain
0Pay Date
2/28/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.1365Return Of Capital
0.0195Long Term Gain
0Short Term Gain
0Pay Date
1/31/19Class
SinglePer Share Distribution
0.156Net Investment Income
0.0944Return Of Capital
0.0616Long Term Gain
0Short Term Gain
0Pay Date
12/31/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.1325Return Of Capital
0Long Term Gain
0.0235Short Term Gain
0Pay Date
11/30/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.1343Return Of Capital
0Long Term Gain
0.0217Short Term Gain
0Pay Date
10/31/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.0915Return Of Capital
0.0571Long Term Gain
0.0074Short Term Gain
0Pay Date
9/28/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.1373Return Of Capital
0.0046Long Term Gain
0.0141Short Term Gain
0Pay Date
8/31/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.1419Return Of Capital
0.0141Long Term Gain
0Short Term Gain
0Pay Date
7/31/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.0899Return Of Capital
0.0346Long Term Gain
0.0315Short Term Gain
0Pay Date
6/29/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.1216Return Of Capital
0.0344Long Term Gain
0Short Term Gain
0Pay Date
5/31/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.1301Return Of Capital
0.0206Long Term Gain
0.0053Short Term Gain
0Pay Date
4/30/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.0985Return Of Capital
0.0044Long Term Gain
0.0531Short Term Gain
0Pay Date
3/29/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.1251Return Of Capital
0.0231Long Term Gain
0.0078Short Term Gain
0Pay Date
2/28/18Class
SinglePer Share Distribution
0.156Net Investment Income
0.0947Return Of Capital
0Long Term Gain
0.0613Short Term Gain
0Pay Date
1/31/18Class
SinglePer Share Distribution
0.156Net Investment Income
0Return Of Capital
0Long Term Gain
0.156Short Term Gain
0Pay Date
1/10/18Class
SinglePer Share Distribution
0.1Net Investment Income
0Return Of Capital
0Long Term Gain
0.1Short Term Gain
0Pay Date
12/29/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.156Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
11/30/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.1307Return Of Capital
0Long Term Gain
0.0253Short Term Gain
0Pay Date
10/31/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.0067Return Of Capital
0Long Term Gain
0.1493Short Term Gain
0Pay Date
9/29/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.156Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
8/31/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.156Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
7/31/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.0963Return Of Capital
0Long Term Gain
0.0597Short Term Gain
0Pay Date
6/30/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.145Return Of Capital
0Long Term Gain
0.011Short Term Gain
0Pay Date
5/31/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.1356Return Of Capital
0Long Term Gain
0.0204Short Term Gain
0Pay Date
4/28/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.0953Return Of Capital
0Long Term Gain
0.0607Short Term Gain
0Pay Date
3/31/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.156Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
2/28/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.1437Return Of Capital
0Long Term Gain
0.0123Short Term Gain
0Pay Date
1/31/17Class
SinglePer Share Distribution
0.156Net Investment Income
0.0418Return Of Capital
0Long Term Gain
0.1142Short Term Gain
0Pay Date
1/17/17Class
SinglePer Share Distribution
0.01Net Investment Income
0Return Of Capital
0Long Term Gain
0.01Short Term Gain
0Pay Date
12/30/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.1363Return Of Capital
0.0197Long Term Gain
0Short Term Gain
0Pay Date
11/30/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.1329Return Of Capital
0.0231Long Term Gain
0Short Term Gain
0Pay Date
10/31/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.0953Return Of Capital
0.0607Long Term Gain
0Short Term Gain
0Pay Date
9/30/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.149Return Of Capital
0.007Long Term Gain
0Short Term Gain
0Pay Date
8/31/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.1344Return Of Capital
0.0216Long Term Gain
0Short Term Gain
0Pay Date
7/29/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.0964Return Of Capital
0.0596Long Term Gain
0Short Term Gain
0Pay Date
6/30/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.1528Return Of Capital
0.0032Long Term Gain
0Short Term Gain
0Pay Date
5/31/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.1256Return Of Capital
0.0304Long Term Gain
0Short Term Gain
0Pay Date
4/29/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.106Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
3/31/16Class
SinglePer Share Distribution
0.156Net Investment Income
0.156Return Of Capital
0Long Term Gain
0Short Term Gain
0Estimates Only - Do Not Use for Tax Reporting Purposes
This table provides estimates of the Fund's distribution sources at the time of payment and should not be relied upon or used for tax planning or tax reporting purposes. A return of capital occurs when a portion of the money that you invested is paid back to you and should not be confused with “yield” or “income”.
This Fund has a managed distribution policy that seeks to deliver the Fund’s long term total return potential through regular monthly distributions declared at a fixed rate per share. This policy gives the Fund greater flexibility to realize long-term capital gains and to distribute those gains on a regular monthly basis.
Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Shareholders should note, however, that if the Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund’s shares.
Shareholders should not use the information provided in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report fund distributions for federal income tax purposes.
Risks
Shares of many closed-end funds frequently trade at a discount from their net asset value. The funds are subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment in a fund.
The use of leverage is speculative and there are special risks and costs associated with leverage. The use of leverage increases the volatility of the Fund’s net asset value in both up and down markets.
In general, the risks of investing in preferred securities are similar to those of investing in bonds, including credit risk and interest-rate risk. As nearly all preferred securities have issuer call options, call risk and reinvestment risk are also important considerations. In addition, investors face equity-like risks, such as deferral or omission of distributions, subordination to bonds and other more senior debt, and higher corporate governance risks with limited voting rights.
Special risks of investing in foreign securities include (i) currency fluctuations, (ii) lower liquidity, (iii) political and economic uncertainties, and (iv) differences in accounting standards. Some international securities may represent small- and medium-sized companies, which may be more susceptible to price volatility and less liquid than larger companies.
The Fund may invest in below-investment grade securities and unrated securities judged to be below investment-grade by the Advisor. Below-investment grade securities or equivalent unrated securities generally involve greater volatility of price and risk of loss of income and principal, and may be more susceptible to real or perceived adverse economic and competitive industry conditions than higher-grade securities. The Funds’ benchmarks do no contain below investment-grade securities.
Contingent capital securities (sometimes referred to as “CoCos”) are debt or preferred securities with loss absorption characteristics built into the terms of the security, for example a mandatory conversion into common stock of the issuer under certain circumstances, such as the issuer’s capital ratio falling below a certain level. Since the common stock of the issuer may not pay a dividend, investors in these instruments could experience a reduced income rate, potentially to zero, and conversion would deepen the subordination of the investor, hence worsening the investor’s standing in a bankruptcy. Some CoCos provide for a reduction in the value or principal amount of the security under such circumstances. In addition, most CoCos are considered to be high yield or “junk” securities and are therefore subject to the risks of investing in below investment-grade securities.
Duration is a mathematical calculation of the average life of a fixed-income or preferred security that serves as a measure of the security’s price risk to changes in interest rates (or yields). Securities with longer durations tend to be more sensitive to interest rate (or yield) changes than securities with shorter durations. Duration differs from maturity in that it considers potential changes to interest rates, and a security’s coupon payments, yield, price and par value and call features, in addition to the amount of time until the security matures. Various techniques may be used to shorten or lengthen the Fund’s duration. The duration of a security will be expected to change over time with changes in market factors and time to maturity.
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RELATED INSIGHT
3 reasons to consider preferreds when rates are rising
Preferred securities have characteristics that can potentially help mitigate the effects of rising interest rates.
ADDITIONAL INVESTMENT OPPORTUNITIES
FOF
Closed-End Opportunity FundThe primary investment objective of the Fund is total return, with an emphasis on income through investment in securities issued by infrastructure companies.
Learn more
Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. You can obtain the fund’s most recent periodic reports, when available, and other regulatory filings by contacting your financial professional or visiting the Fund Literature section of this website. These reports and other filings can also be found on the Securities and Exchange Commission’s EDGAR Database. You should read these reports and other filings carefully before investing.
Investing involves risk, including possible loss of principal. Income from investments is not guaranteed.
This material should not be relied upon as investment advice, does not constitute a recommendation to buy or sell a security or other investment and is not intended to predict performance of any investment. This material is not being provided in a fiduciary capacity and is not intended to recommend any investment policy or investment strategy or take into account the specific investment objectives or circumstances of any investor. Please consult with your investment, tax and/or legal professional regarding your individual circumstances prior to investing.
Cohen & Steers Capital Management, Inc. (Cohen & Steers) is a registered investment advisory firm that provides investment management services to corporate retirement, public and union retirement plans, endowments, foundations and mutual funds.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE