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Forbes:

The Phoenix Play: How These Hot-Shot Investors Discover Unloved Real Estate

 

Cohen & Steers Quality Income Realty Fund

* On December 4, 2018, the Fund's Board of Directors approved a change to the Fund's benchmark from the FTSE Nareit Equity REITs Index to the FTSE Nareit All Equity REITs Index, effective after the close of business on March 31, 2019.

Data quoted represents past performance. Past performance is no guarantee of future results. Performance returns stated net of fees. The rate of return will vary and the principal value 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 reinvestments 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.

Performance results reflect the effects of leverage, which can positively impact performance in an up market and negatively impact performance in a down market.

The FTSE Nareit All Equity REITs Index contains all tax-qualified REITs with more than 50% of total assets in qualifying real estate assets other than mortgages secured by real property.

The S&P 500 Index is an unmanaged index of 500 large-capitalization stocks that is frequently used as a general measure of U.S. stock market performance.

Distribution Rate:  6.78%
SEC Yield:  1.79%
At June 30, 2019

For information on the distribution yield of this fund, click here.

NOT FDIC INSURED ● MAY LOSE VALUE ● NO BANK GUARANTEE

Leverage represented as a percentage of the Fund’s managed assets as of the most recent month end. Leverage is created whenever a closed-end fund has investment exposure in excess of its net assets. 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 seeks to enhance its dividend yield through leverage but there is no guarantee that the Fund's leverage strategy will be successful.

Expense ratios as described in the Fund’s most recent annual report to stockholders dated December 31, 2018. Expense ratios are net of waivers and/or reimbursements.

Distribution Rate is calculated dividing the last distribution paid per share (annualized) by the market price. Note that the number of income distributions is based on the fund’s distribution payment frequency (i.e. monthly or quarterly). A fund may pay distributions in excess of its net investment company taxable income and, to the extent this occurs, the distribution yield quoted will include a return of capital. The estimated return of capital for each distribution is also available on this website by clicking on the Distributions tab on each fund’s landing page.

SEC yield is calculated by dividing annualized net investment income per share during a 30-day period by the maximum offering price per share as of the close of that period. SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities. Since certain distributions received by the funds from real estate investment trusts (REITs) may consist of dividend income, return of capital and capital gains, and the character of these distributions cannot be determined until after the end of the year, the SEC yield has been adjusted for the funds that invest significantly in REITs based on estimates of return of capital and capital gains.

Click here for the Cohen & Steers Quality Income Realty Fund Factsheet.

Portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold and particular security. Top ten holdings are determined on the basis of the value of individual securities held. The Fund may also hold positions in other types of securities issued by the companies listed above. You can obtain a complete listing of holdings by clicking here.

Please see important disclosures and risks below.

By clicking on the link to the Forbes article, you will be leaving the Cohen & Steers website. Please note that we are providing the link to this third party website only as a convenience and the inclusion of a link to the linked site does not imply any endorsement, approval, investigation, verification or monitoring by us of any content or information contained within or accessible from the linked site. We do not control the accuracy, completeness, timeliness or appropriateness of the content or information on the linked site and you will be subject to its terms of use and privacy policies, over which we have no control. In no event will we be responsible for any information or content within the linked site or your use of the linked site.  By continuing to the linked site you agree to the foregoing.

Performance data quoted represents past performance. Past performance is no guarantee of future results.  There is no guarantee that any market forecast set forth in this article will be realized. There is no guarantee that any historical trend illustrated in this presentation will be repeated in the future, and there is no way to predict precisely when such a trend will begin.

This article is for informational purposes, and reflects prevailing conditions and our judgement as of the date of this material, which are subject to change.  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 or depict 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 objectives or circumstances of any investor.  We consider the information in this article to be accurate, but we do not represent that it is complete or should be relied upon as the sole source of suitability for investment.  Please consult with your investment, tax or legal advisor regarding your individual circumstances prior to investing.

Please consider the investment objectives, risks, charges and expenses of any Cohen & Steers U.S. registered open-end fund carefully before investing. A summary prospectus or prospectus containing this and other information may be obtained by visiting cohenandsteers.com or by calling 800.330.7348. Please read the summary prospectus or prospectus carefully before investing.

Risks of Investing in Real Estate Securities. Risks of investing in real estate securities are similar to those associated with direct investments in real estate, including falling property values due to increasing vacancies or declining rents resulting from economic, legal, political or technological developments, lack of liquidity, limited diversification and sensitivity to certain economic factors such as interest rate changes and market recessions. Foreign securities involve special risks, including currency fluctuations, lower liquidity, political and economic uncertainties, and differences in accounting standards. Some international securities may represent small- and medium-sized companies, which may be more susceptible to price volatility and less liquidity than larger companies. No representation or warranty is made as to the efficacy of any particular strategy or fund or the actual returns that may be achieved.

Risks of Investing in Closed-End Funds.  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.

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 advisor or visiting cohenandsteers.com. 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.

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.

Cohen & Steers U.S. registered open-end funds are distributed by Cohen & Steers Securities, LLC and are only available to U.S. residents.

Cohen & Steers UK Limited is authorized and regulated by the Financial Conduct Authority (FRN 458459).

Cohen & Steers Asia Limited is authorized and regulated by the Securities and Futures Commission of Hong Kong (ALZ367).

Cohen & Steers Japan, LLC, is a registered financial instruments operator (investment advisory and agency business with the Financial Services Agency of Japan and the Kanto Local Finance Bureau No. 2857) and is a member of the Japan Investment Advisers Association.

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Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions.

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You also acknowledge that you will be shown information on Cohen & Steers funds offered inside the United States. These funds have not been authorized for distribution in any country outside the United States and are not available for purchase by non-US persons, who may experience adverse tax consequences as a result of such investment.

By choosing this option, you acknowledge that you will be shown information on Cohen & Steers funds offered outside the United States. The information is intended only for use by institutional and professional investors outside the United States and their advisors. This information is not intended for retail investors in jurisdictions in which these funds are not authorized for distribution or in which the dissemination of information regarding the funds is not permitted.

You also acknowledge that you will be shown information on Cohen & Steers funds offered inside the United States. These funds have not been authorized for distribution in any country outside the United States and are not available for purchase by non-US persons, who may experience adverse tax consequences as a result of such investment.

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