REIT and Preferred and Income Fund
The primary investment objective of the Fund is high current income through investment in real estate and diversified preferred securities. The secondary investment objective is capital appreciation.
High current income
Largely investment-grade portfolio
Low correlation to stocks and bonds
Symbol: RNP
REIT and Preferred and Income Fund
Managed Assets
$1.44 B
Leverage ratio
31.14%
Monthly Distribution Per Share
-
Distribution Rate
8.67%
No. of Holdings
292
Managed Assets Expense Ratio
1.33%
Common assets expense ratio
1.78%
Inception Date
6/23/03
(At 3/31/24)
Top Holdings
December 31, 2023
| Name | Sectors | % of Market Value |
|---|---|---|
| American Tower Corporation | Equity | 6.2% |
| Prologis Inc. | Equity | 4.3% |
| Welltower Inc. | Equity | 3.8% |
| Simon Property Group Inc. | Equity | 3.2% |
| Invitation Homes Inc | Equity | 2.9% |
| Digital Realty Trust Inc. | Equity | 2.8% |
| Realty Income Corporation | Equity | 2.5% |
| Equinix Inc. | Equity | 2.2% |
| Crown Castle International Corp. | Equity | 1.9% |
| Sun Communities Inc. | Equity | 1.8% |
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
William Scapell, CFA
Senior Portfolio Manager, Fixed Income and Preferred Securities
33 years of experience
LITERATURE
Total Returns (Single Share Class)
Calculated quarterly
As of March 31, 2024
| Period | RNP Mkt Price | RNP NAV | Linked Index | Blended Benchmark | S&P 500 Index |
|---|---|---|---|---|---|
| YTD | 6.39% | 2.23% | -1.30% | 1.64% | 10.56% |
| QTD | 6.39% | 2.23% | -1.30% | 1.64% | 10.56% |
| 1 Year | 17.35% | 15.24% | 8.02% | 9.98% | 29.88% |
| 3 Year | 3.96% | 3.27% | 2.47% | 1.79% | 11.49% |
| 5 Year | 8.84% | 6.55% | 3.96% | 3.79% | 15.04% |
| 10 Year | 10.46% | 8.88% | 6.51% | 5.82% | 12.96% |
| Since Inception (6/27/03) | 8.86% | 9.05% | 8.64% | 6.59% | 10.59% |
YTD
RNP Mkt Price
6.39%RNP NAV
2.23%Linked Index
-1.30%Blended Benchmark
1.64%S&P 500 Index
10.56%QTD
RNP Mkt Price
6.39%RNP NAV
2.23%Linked Index
-1.30%Blended Benchmark
1.64%S&P 500 Index
10.56%1 Year
RNP Mkt Price
17.35%RNP NAV
15.24%Linked Index
8.02%Blended Benchmark
9.98%S&P 500 Index
29.88%3 Year
RNP Mkt Price
3.96%RNP NAV
3.27%Linked Index
2.47%Blended Benchmark
1.79%S&P 500 Index
11.49%5 Year
RNP Mkt Price
8.84%RNP NAV
6.55%Linked Index
3.96%Blended Benchmark
3.79%S&P 500 Index
15.04%10 Year
RNP Mkt Price
10.46%RNP NAV
8.88%Linked Index
6.51%Blended Benchmark
5.82%S&P 500 Index
12.96%Since Inception (6/27/03)
RNP Mkt Price
8.86%RNP NAV
9.05%Linked Index
8.64%Blended Benchmark
6.59%S&P 500 Index
10.59%Common assets expense ratio: 1.78%
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 December 31, 2023
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Equity | 49.68% | 50% | -0.32% |
| Fixed Income | 48.59% | 50% | -1.41% |
| Derivatives | 2.6% | - | +2.6% |
Equity
% of Fund
49.68%% of Benchmark
50%% Underweight/Overweight
-0.32%Fixed Income
% of Fund
48.59%% of Benchmark
50%% Underweight/Overweight
-1.41%Derivatives
% of Fund
2.6%% of Benchmark
0%% Underweight/Overweight
+2.6%Geographic Diversification
As of December 31, 2023
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| United States | 50.55% | 50.05% | 0.5% |
| North America | 35.12% | 49.9% | -14.78% |
| Europe | 13.3% | 0.06% | 13.24% |
| Asia | 1.03% | - | 1.03% |
| United Kingdom | 0.47% | - | 0.47% |
| Netherlands | 0.4% | - | 0.4% |
United States
% of Fund
50.55%% of Benchmark
50.05%% Underweight/Overweight
0.5%North America
% of Fund
35.12%% of Benchmark
49.9%% Underweight/Overweight
-14.78%Europe
% of Fund
13.3%% of Benchmark
0.06%% Underweight/Overweight
13.24%Asia
% of Fund
1.03%% of Benchmark
0%% Underweight/Overweight
1.03%United Kingdom
% of Fund
0.47%% of Benchmark
0%% Underweight/Overweight
0.47%Netherlands
% of Fund
0.4%% of Benchmark
0%% Underweight/Overweight
0.4%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 |
|---|---|---|---|---|
| 3/28/24 | 3/13/24 | 3/12/24 | Regular | $0.136 |
| 2/29/24 | 2/14/24 | 2/13/24 | Regular | $0.136 |
| 1/31/24 | 1/17/24 | 1/16/24 | Regular | $0.136 |
| 12/29/23 | 12/13/23 | 12/12/23 | Regular | $0.136 |
| 11/30/23 | 11/15/23 | 11/14/23 | Regular | $0.136 |
| 10/31/23 | 10/11/23 | 10/10/23 | Regular | $0.136 |
| 9/29/23 | 9/13/23 | 9/12/23 | Regular | $0.136 |
| 8/31/23 | 8/15/23 | 8/16/23 | Regular | $0.136 |
| 7/31/23 | 7/12/23 | 7/11/23 | Regular | $0.136 |
| 6/30/23 | 6/14/23 | 6/13/23 | Regular | $0.136 |
| 5/31/23 | 5/10/23 | 5/9/23 | Regular | $0.136 |
| 4/28/23 | 4/12/23 | 4/11/23 | Regular | $0.136 |
| 3/31/23 | 3/15/23 | 3/14/23 | Regular | $0.136 |
| 2/28/23 | 2/15/23 | 2/14/23 | Regular | $0.136 |
| 1/31/23 | 1/18/23 | 1/17/23 | Regular | $0.136 |
| 12/30/22 | 12/14/22 | 12/13/22 | Regular | $0.136 |
| 12/15/22 | 12/8/22 | 12/7/22 | Special | $1.0714 |
| 11/30/22 | 11/16/22 | 11/15/22 | Regular | $0.136 |
| 10/31/22 | 10/12/22 | 10/11/22 | Regular | $0.136 |
| 9/30/22 | 9/14/22 | 9/13/22 | Regular | $0.136 |
| 8/31/22 | 8/17/22 | 8/16/22 | Regular | $0.136 |
| 7/29/22 | 7/13/22 | 7/12/22 | Regular | $0.136 |
| 6/30/22 | 6/15/22 | 6/14/22 | Regular | $0.136 |
| 5/31/22 | 5/11/22 | 5/10/22 | Regular | $0.136 |
| 4/29/22 | 4/13/22 | 4/12/22 | Regular | $0.136 |
| 3/31/22 | 3/16/22 | 3/15/22 | Regular | $0.136 |
| 2/28/22 | 2/16/22 | 2/15/22 | Regular | $0.136 |
| 1/31/22 | 1/12/22 | 1/11/22 | Regular | $0.136 |
| 12/31/21 | 12/15/21 | 12/14/21 | Regular | $0.124 |
| 11/30/21 | 11/17/21 | 11/16/21 | Regular | $0.124 |
| 10/29/21 | 10/13/21 | 10/12/21 | Regular | $0.124 |
| 9/30/21 | 9/15/21 | 9/14/21 | Regular | $0.124 |
| 8/31/21 | 8/18/21 | 8/17/21 | Regular | $0.124 |
| 7/30/21 | 7/14/21 | 7/13/21 | Regular | $0.124 |
| 6/30/21 | 6/14/21 | 6/15/21 | Regular | $0.124 |
| 5/28/21 | 5/12/21 | 5/11/21 | Regular | $0.124 |
| 4/30/21 | 4/14/21 | 4/13/21 | Regular | $0.124 |
| 3/31/21 | 3/17/21 | 3/16/21 | Regular | $0.124 |
| 2/26/21 | 2/10/21 | 2/9/21 | Regular | $0.124 |
| 1/29/21 | 1/13/21 | 1/12/21 | Regular | $0.124 |
| 12/31/20 | 12/16/20 | 12/15/20 | Regular | $0.124 |
| 11/30/20 | 11/18/20 | 11/17/20 | Regular | $0.124 |
| 10/30/20 | 10/14/20 | 10/13/20 | Regular | $0.124 |
| 9/30/20 | 9/16/20 | 9/15/20 | Regular | $0.124 |
| 8/31/20 | 8/19/20 | 8/18/20 | Regular | $0.124 |
| 7/31/20 | 7/15/20 | 7/14/20 | Regular | $0.124 |
| 6/30/20 | 6/17/20 | 6/16/20 | Regular | $0.124 |
| 5/29/20 | 5/13/20 | 5/12/20 | Regular | $0.124 |
| 4/30/20 | 4/15/20 | 4/14/20 | Regular | $0.124 |
| 3/31/20 | 3/18/20 | 3/17/20 | Regular | $0.124 |
| 2/28/20 | 2/12/20 | 2/11/20 | Regular | $0.124 |
| 1/31/20 | 1/15/20 | 1/14/20 | Regular | $0.124 |
| 12/31/19 | 12/18/19 | 12/17/19 | Regular | $0.124 |
| 11/29/19 | 11/13/19 | 11/12/19 | Regular | $0.124 |
| 10/31/19 | 10/16/19 | 10/15/19 | Regular | $0.124 |
| 9/30/19 | 9/18/19 | 9/17/19 | Regular | $0.124 |
| 8/30/19 | 8/21/19 | 8/20/19 | Regular | $0.124 |
| 7/31/19 | 7/17/19 | 7/16/19 | Regular | $0.124 |
| 6/28/19 | 6/19/19 | 6/18/19 | Regular | $0.124 |
| 5/31/19 | 5/15/19 | 5/14/19 | Regular | $0.124 |
| 4/30/19 | 4/17/19 | 4/16/19 | Regular | $0.124 |
| 3/29/19 | 3/20/19 | 3/19/19 | Regular | $0.124 |
| 2/28/19 | 2/13/19 | 2/12/19 | Regular | $0.124 |
| 1/31/19 | 1/16/19 | 1/15/19 | Regular | $0.124 |
| 12/31/18 | 12/19/18 | 12/18/18 | Regular | $0.124 |
| 11/30/18 | 11/14/18 | 11/13/18 | Regular | $0.124 |
| 10/31/18 | 10/17/18 | 10/16/18 | Regular | $0.124 |
| 9/28/18 | 9/19/18 | 9/18/18 | Regular | $0.124 |
| 8/31/18 | 8/22/18 | 8/21/18 | Regular | $0.124 |
| 7/31/18 | 7/18/18 | 7/17/18 | Regular | $0.124 |
| 6/29/18 | 6/20/18 | 6/19/18 | Regular | $0.124 |
| 5/31/18 | 5/16/18 | 5/15/18 | Regular | $0.124 |
| 4/30/18 | 4/18/18 | 4/17/18 | Regular | $0.124 |
| 3/29/18 | 3/21/18 | 3/20/18 | Regular | $0.124 |
| 2/28/18 | 2/14/18 | 2/13/18 | Regular | $0.124 |
| 1/31/18 | 1/17/18 | 1/16/18 | Regular | $0.124 |
| 12/29/17 | 12/20/17 | 12/19/17 | Regular | $0.124 |
| 11/30/17 | 11/15/17 | 11/14/17 | Regular | $0.124 |
| 10/31/17 | 10/18/17 | 10/17/17 | Regular | $0.124 |
| 9/29/17 | 9/20/17 | 9/19/17 | Regular | $0.124 |
| 8/31/17 | 8/17/17 | 8/15/17 | Regular | $0.124 |
| 6/30/17 | 6/22/17 | 6/20/17 | Regular | $0.124 |
| 5/31/17 | 5/18/17 | 5/16/17 | Regular | $0.124 |
| 4/28/17 | 4/20/17 | 4/18/17 | Regular | $0.124 |
| 3/31/17 | 3/23/17 | 3/21/17 | Regular | $0.124 |
| 2/28/17 | 2/16/17 | 2/14/17 | Regular | $0.124 |
| 1/31/17 | 1/19/17 | 1/17/17 | Regular | $0.124 |
| 12/30/16 | 12/13/16 | 12/9/16 | Regular | $0.124 |
| 11/30/16 | 11/18/16 | 11/16/16 | Regular | $0.124 |
| 10/31/16 | 10/20/16 | 10/18/16 | Regular | $0.124 |
| 9/30/16 | 9/22/16 | 9/20/16 | Regular | $0.37 |
| 6/30/16 | 6/22/16 | 6/20/16 | Regular | $0.37 |
| 3/31/16 | 3/22/16 | 3/18/16 | Regular | $0.37 |
| Pay Date | Record Date | Ex-Dividend Date |
|---|---|---|
| 3/28/24 | 3/13/24 | 3/12/24 |
|
Type Regular |
Amount/Share 0.136 |
|
| 2/29/24 | 2/14/24 | 2/13/24 |
|
Type Regular |
Amount/Share 0.136 |
|
| 1/31/24 | 1/17/24 | 1/16/24 |
|
Type Regular |
Amount/Share 0.136 |
|
| 12/29/23 | 12/13/23 | 12/12/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 11/30/23 | 11/15/23 | 11/14/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 10/31/23 | 10/11/23 | 10/10/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 9/29/23 | 9/13/23 | 9/12/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 8/31/23 | 8/15/23 | 8/16/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 7/31/23 | 7/12/23 | 7/11/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 6/30/23 | 6/14/23 | 6/13/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 5/31/23 | 5/10/23 | 5/9/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 4/28/23 | 4/12/23 | 4/11/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 3/31/23 | 3/15/23 | 3/14/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 2/28/23 | 2/15/23 | 2/14/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 1/31/23 | 1/18/23 | 1/17/23 |
|
Type Regular |
Amount/Share 0.136 |
|
| 12/30/22 | 12/14/22 | 12/13/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 12/15/22 | 12/8/22 | 12/7/22 |
|
Type Special |
Amount/Share 1.0714 |
|
| 11/30/22 | 11/16/22 | 11/15/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 10/31/22 | 10/12/22 | 10/11/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 9/30/22 | 9/14/22 | 9/13/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 8/31/22 | 8/17/22 | 8/16/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 7/29/22 | 7/13/22 | 7/12/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 6/30/22 | 6/15/22 | 6/14/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 5/31/22 | 5/11/22 | 5/10/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 4/29/22 | 4/13/22 | 4/12/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 3/31/22 | 3/16/22 | 3/15/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 2/28/22 | 2/16/22 | 2/15/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 1/31/22 | 1/12/22 | 1/11/22 |
|
Type Regular |
Amount/Share 0.136 |
|
| 12/31/21 | 12/15/21 | 12/14/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 11/30/21 | 11/17/21 | 11/16/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 10/29/21 | 10/13/21 | 10/12/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 9/30/21 | 9/15/21 | 9/14/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 8/31/21 | 8/18/21 | 8/17/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 7/30/21 | 7/14/21 | 7/13/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 6/30/21 | 6/14/21 | 6/15/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 5/28/21 | 5/12/21 | 5/11/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 4/30/21 | 4/14/21 | 4/13/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 3/31/21 | 3/17/21 | 3/16/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 2/26/21 | 2/10/21 | 2/9/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 1/29/21 | 1/13/21 | 1/12/21 |
|
Type Regular |
Amount/Share 0.124 |
|
| 12/31/20 | 12/16/20 | 12/15/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 11/30/20 | 11/18/20 | 11/17/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 10/30/20 | 10/14/20 | 10/13/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 9/30/20 | 9/16/20 | 9/15/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 8/31/20 | 8/19/20 | 8/18/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 7/31/20 | 7/15/20 | 7/14/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 6/30/20 | 6/17/20 | 6/16/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 5/29/20 | 5/13/20 | 5/12/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 4/30/20 | 4/15/20 | 4/14/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 3/31/20 | 3/18/20 | 3/17/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 2/28/20 | 2/12/20 | 2/11/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 1/31/20 | 1/15/20 | 1/14/20 |
|
Type Regular |
Amount/Share 0.124 |
|
| 12/31/19 | 12/18/19 | 12/17/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 11/29/19 | 11/13/19 | 11/12/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 10/31/19 | 10/16/19 | 10/15/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 9/30/19 | 9/18/19 | 9/17/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 8/30/19 | 8/21/19 | 8/20/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 7/31/19 | 7/17/19 | 7/16/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 6/28/19 | 6/19/19 | 6/18/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 5/31/19 | 5/15/19 | 5/14/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 4/30/19 | 4/17/19 | 4/16/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 3/29/19 | 3/20/19 | 3/19/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 2/28/19 | 2/13/19 | 2/12/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 1/31/19 | 1/16/19 | 1/15/19 |
|
Type Regular |
Amount/Share 0.124 |
|
| 12/31/18 | 12/19/18 | 12/18/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 11/30/18 | 11/14/18 | 11/13/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 10/31/18 | 10/17/18 | 10/16/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 9/28/18 | 9/19/18 | 9/18/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 8/31/18 | 8/22/18 | 8/21/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 7/31/18 | 7/18/18 | 7/17/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 6/29/18 | 6/20/18 | 6/19/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 5/31/18 | 5/16/18 | 5/15/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 4/30/18 | 4/18/18 | 4/17/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 3/29/18 | 3/21/18 | 3/20/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 2/28/18 | 2/14/18 | 2/13/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 1/31/18 | 1/17/18 | 1/16/18 |
|
Type Regular |
Amount/Share 0.124 |
|
| 12/29/17 | 12/20/17 | 12/19/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 11/30/17 | 11/15/17 | 11/14/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 10/31/17 | 10/18/17 | 10/17/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 9/29/17 | 9/20/17 | 9/19/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 8/31/17 | 8/17/17 | 8/15/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 6/30/17 | 6/22/17 | 6/20/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 5/31/17 | 5/18/17 | 5/16/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 4/28/17 | 4/20/17 | 4/18/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 3/31/17 | 3/23/17 | 3/21/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 2/28/17 | 2/16/17 | 2/14/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 1/31/17 | 1/19/17 | 1/17/17 |
|
Type Regular |
Amount/Share 0.124 |
|
| 12/30/16 | 12/13/16 | 12/9/16 |
|
Type Regular |
Amount/Share 0.124 |
|
| 11/30/16 | 11/18/16 | 11/16/16 |
|
Type Regular |
Amount/Share 0.124 |
|
| 10/31/16 | 10/20/16 | 10/18/16 |
|
Type Regular |
Amount/Share 0.124 |
|
| 9/30/16 | 9/22/16 | 9/20/16 |
|
Type Regular |
Amount/Share 0.37 |
|
| 6/30/16 | 6/22/16 | 6/20/16 |
|
Type Regular |
Amount/Share 0.37 |
|
| 3/31/16 | 3/22/16 | 3/18/16 |
|
Type Regular |
Amount/Share 0.37 |
Estimated Sources of Distribution
| Pay Date | Class | Per Share Distribution | Net Investment Income | Return Of Capital | Long Term Gain | Short Term Gain |
|---|---|---|---|---|---|---|
| 3/28/24 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 2/29/24 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 1/31/24 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 12/29/23 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 11/30/23 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 10/31/23 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 9/29/23 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 8/31/23 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 7/31/23 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 6/30/23 | Single | $0.136 | $0.136 | $0 | $0 | $0 |
| 5/31/23 | Single | $0.136 | $0.071 | $0 | $0.065 | $0 |
| 4/28/23 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 3/31/23 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 2/28/23 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 1/31/23 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 12/30/22 | Single | $0.136 | $0 | $0 | $0 | $0.136 |
| 12/15/22 | Single | $1.0714 | $0.5531 | $0 | $0 | $0.5183 |
| 11/30/22 | Single | $0.136 | $0 | $0 | $0.0196 | $0.1164 |
| 10/31/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 9/30/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 8/31/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 7/29/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 6/30/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 5/31/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 4/29/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 3/31/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 2/28/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 1/31/22 | Single | $0.136 | $0 | $0 | $0.136 | $0 |
| 12/31/21 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 11/30/21 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 10/29/21 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 9/30/21 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 8/31/21 | Single | $0.124 | $0.0044 | $0 | $0.1196 | $0 |
| 7/30/21 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 6/30/21 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 5/28/21 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 4/30/21 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 3/31/21 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 2/26/21 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 1/29/21 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 12/31/20 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 11/30/20 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 10/30/20 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 9/30/20 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 8/31/20 | Single | $0.124 | $0.0118 | $0 | $0 | $0.1122 |
| 7/31/20 | Single | $0.124 | $0 | $0 | $0 | $0.124 |
| 6/30/20 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 5/29/20 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 4/30/20 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 3/31/20 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 2/28/20 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 1/31/20 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 12/31/19 | Single | $0.124 | $0.0969 | $0 | $0.0271 | $0 |
| 11/29/19 | Single | $0.124 | $0.079 | $0 | $0.045 | $0 |
| 10/31/19 | Single | $0.124 | $0.0224 | $0 | $0.1016 | $0 |
| 9/30/19 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 8/30/19 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 7/31/19 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 6/28/19 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 5/31/19 | Single | $0.124 | $0.037 | $0 | $0.087 | $0 |
| 4/30/19 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 3/29/19 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 2/28/19 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 1/31/19 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 12/31/18 | Single | $0.124 | $0.0962 | $0 | $0.0278 | $0 |
| 11/30/18 | Single | $0.124 | $0.0786 | $0 | $0.0454 | $0 |
| 10/31/18 | Single | $0.124 | $0.043 | $0 | $0.081 | $0 |
| 9/28/18 | Single | $0.124 | $0.0985 | $0 | $0.0255 | $0 |
| 8/31/18 | Single | $0.124 | $0.0709 | $0.0156 | $0.0375 | $0 |
| 7/31/18 | Single | $0.124 | $0.0358 | $0.0585 | $0.0297 | $0 |
| 6/29/18 | Single | $0.124 | $0.1017 | $0.0223 | $0 | $0 |
| 5/31/18 | Single | $0.124 | $0.0739 | $0.003 | $0.0471 | $0 |
| 4/30/18 | Single | $0.124 | $0.044 | $0 | $0.08 | $0 |
| 3/29/18 | Single | $0.124 | $0.1201 | $0 | $0.0039 | $0 |
| 2/28/18 | Single | $0.124 | $0.0816 | $0 | $0.0424 | $0 |
| 1/31/18 | Single | $0.124 | $0 | $0 | $0.124 | $0 |
| 12/29/17 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 11/30/17 | Single | $0.124 | $0.0767 | $0.0473 | $0 | $0 |
| 10/31/17 | Single | $0.124 | $0.0413 | $0.0827 | $0 | $0 |
| 9/29/17 | Single | $0.124 | $0.124 | $0 | $0 | $0 |
| 8/31/17 | Single | $0.124 | $0.0704 | $0.0536 | $0 | $0 |
| 6/30/17 | Single | $0.124 | $0.108 | $0.016 | $0 | $0 |
| 5/31/17 | Single | $0.124 | $0.0806 | $0.0434 | $0 | $0 |
| 4/28/17 | Single | $0.124 | $0.0453 | $0.0787 | $0 | $0 |
| 3/31/17 | Single | $0.124 | $0.1127 | $0.0113 | $0 | $0 |
| 2/28/17 | Single | $0.124 | $0.0678 | $0.0562 | $0 | $0 |
| 1/31/17 | Single | $0.124 | $0.0381 | $0.0859 | $0 | $0 |
| 12/30/16 | Single | $0.124 | $0.1202 | $0.0038 | $0 | $0 |
| 11/30/16 | Single | $0.124 | $0.0595 | $0.0645 | $0 | $0 |
| 10/31/16 | Single | $0.124 | $0.0414 | $0.0826 | $0 | $0 |
| 9/30/16 | Single | $0.37 | $0.2188 | $0.1512 | $0 | $0 |
| 6/30/16 | Single | $0.37 | $0.2462 | $0.1238 | $0 | $0 |
| 3/31/16 | Single | $0.37 | $0.2106 | $0.1594 | $0 | $0 |
Pay Date
3/28/24Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
2/29/24Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
1/31/24Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
12/29/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
11/30/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
10/31/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
9/29/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
8/31/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
7/31/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
6/30/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.136Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
5/31/23Class
SinglePer Share Distribution
0.136Net Investment Income
0.071Return Of Capital
0Long Term Gain
0.065Short Term Gain
0Pay Date
4/28/23Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
3/31/23Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
2/28/23Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
1/31/23Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
12/30/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0Short Term Gain
0.136Pay Date
12/15/22Class
SinglePer Share Distribution
1.0714Net Investment Income
0.5531Return Of Capital
0Long Term Gain
0Short Term Gain
0.5183Pay Date
11/30/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.0196Short Term Gain
0.1164Pay Date
10/31/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
9/30/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
8/31/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
7/29/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
6/30/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
5/31/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
4/29/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
3/31/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
2/28/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
1/31/22Class
SinglePer Share Distribution
0.136Net Investment Income
0Return Of Capital
0Long Term Gain
0.136Short Term Gain
0Pay Date
12/31/21Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
11/30/21Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
10/29/21Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
9/30/21Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
8/31/21Class
SinglePer Share Distribution
0.124Net Investment Income
0.0044Return Of Capital
0Long Term Gain
0.1196Short Term Gain
0Pay Date
7/30/21Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
6/30/21Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
5/28/21Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
4/30/21Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
3/31/21Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
2/26/21Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
1/29/21Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
12/31/20Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
11/30/20Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
10/30/20Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
9/30/20Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
8/31/20Class
SinglePer Share Distribution
0.124Net Investment Income
0.0118Return Of Capital
0Long Term Gain
0Short Term Gain
0.1122Pay Date
7/31/20Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0Short Term Gain
0.124Pay Date
6/30/20Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
5/29/20Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
4/30/20Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
3/31/20Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
2/28/20Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
1/31/20Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
12/31/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.0969Return Of Capital
0Long Term Gain
0.0271Short Term Gain
0Pay Date
11/29/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.079Return Of Capital
0Long Term Gain
0.045Short Term Gain
0Pay Date
10/31/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.0224Return Of Capital
0Long Term Gain
0.1016Short Term Gain
0Pay Date
9/30/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
8/30/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
7/31/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
6/28/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
5/31/19Class
SinglePer Share Distribution
0.124Net Investment Income
0.037Return Of Capital
0Long Term Gain
0.087Short Term Gain
0Pay Date
4/30/19Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
3/29/19Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
2/28/19Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
1/31/19Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
12/31/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.0962Return Of Capital
0Long Term Gain
0.0278Short Term Gain
0Pay Date
11/30/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.0786Return Of Capital
0Long Term Gain
0.0454Short Term Gain
0Pay Date
10/31/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.043Return Of Capital
0Long Term Gain
0.081Short Term Gain
0Pay Date
9/28/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.0985Return Of Capital
0Long Term Gain
0.0255Short Term Gain
0Pay Date
8/31/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.0709Return Of Capital
0.0156Long Term Gain
0.0375Short Term Gain
0Pay Date
7/31/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.0358Return Of Capital
0.0585Long Term Gain
0.0297Short Term Gain
0Pay Date
6/29/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.1017Return Of Capital
0.0223Long Term Gain
0Short Term Gain
0Pay Date
5/31/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.0739Return Of Capital
0.003Long Term Gain
0.0471Short Term Gain
0Pay Date
4/30/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.044Return Of Capital
0Long Term Gain
0.08Short Term Gain
0Pay Date
3/29/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.1201Return Of Capital
0Long Term Gain
0.0039Short Term Gain
0Pay Date
2/28/18Class
SinglePer Share Distribution
0.124Net Investment Income
0.0816Return Of Capital
0Long Term Gain
0.0424Short Term Gain
0Pay Date
1/31/18Class
SinglePer Share Distribution
0.124Net Investment Income
0Return Of Capital
0Long Term Gain
0.124Short Term Gain
0Pay Date
12/29/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
11/30/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.0767Return Of Capital
0.0473Long Term Gain
0Short Term Gain
0Pay Date
10/31/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.0413Return Of Capital
0.0827Long Term Gain
0Short Term Gain
0Pay Date
9/29/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.124Return Of Capital
0Long Term Gain
0Short Term Gain
0Pay Date
8/31/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.0704Return Of Capital
0.0536Long Term Gain
0Short Term Gain
0Pay Date
6/30/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.108Return Of Capital
0.016Long Term Gain
0Short Term Gain
0Pay Date
5/31/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.0806Return Of Capital
0.0434Long Term Gain
0Short Term Gain
0Pay Date
4/28/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.0453Return Of Capital
0.0787Long Term Gain
0Short Term Gain
0Pay Date
3/31/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.1127Return Of Capital
0.0113Long Term Gain
0Short Term Gain
0Pay Date
2/28/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.0678Return Of Capital
0.0562Long Term Gain
0Short Term Gain
0Pay Date
1/31/17Class
SinglePer Share Distribution
0.124Net Investment Income
0.0381Return Of Capital
0.0859Long Term Gain
0Short Term Gain
0Pay Date
12/30/16Class
SinglePer Share Distribution
0.124Net Investment Income
0.1202Return Of Capital
0.0038Long Term Gain
0Short Term Gain
0Pay Date
11/30/16Class
SinglePer Share Distribution
0.124Net Investment Income
0.0595Return Of Capital
0.0645Long Term Gain
0Short Term Gain
0Pay Date
10/31/16Class
SinglePer Share Distribution
0.124Net Investment Income
0.0414Return Of Capital
0.0826Long Term Gain
0Short Term Gain
0Pay Date
9/30/16Class
SinglePer Share Distribution
0.37Net Investment Income
0.2188Return Of Capital
0.1512Long Term Gain
0Short Term Gain
0Pay Date
6/30/16Class
SinglePer Share Distribution
0.37Net Investment Income
0.2462Return Of Capital
0.1238Long Term Gain
0Short Term Gain
0Pay Date
3/31/16Class
SinglePer Share Distribution
0.37Net Investment Income
0.2106Return Of Capital
0.1594Long 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.
The Fund is subject to special risk considerations similar to those associated with the direct ownership of real estate due to its policy of concentration in the securities of real estate companies. Real estate valuations may be subject to factors such as changing general and local economic, financial, competitive and environmental conditions.
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.
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ADDITIONAL INVESTMENT OPPORTUNITIES
UTF
Infrastructure FundThe primary investment objective of the Fund is high current income through investment in real estate and diversified preferred securities. The secondary investment objective is capital appreciation.
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