Cohen & Steers Closed-End Funds Announce Projected 2010 Year-End Capital Gain Distributions

Dec 01, 2010, 09:26 ET from Cohen & Steers

NEW YORK, Dec. 1, 2010 /PRNewswire-FirstCall/ -- Cohen & Steers announced that capital gain distributions are projected in 2010 from one of its U.S. registered closed-end funds:  Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI).  The projected capital gain distribution will be paid together with RFI's regular quarterly dividend in December.   Projected 2010 capital gain distributions for each of the Cohen & Steers closed-end funds are as follows:

Fund

Short-Term Capital

Gain Per Share

Long Term Capital

Gain Per Share

Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI)

$0.19 - $0.37

$0.26 - $0.44

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI)

$0

$0

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE: RNP)

$0

$0

Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF)

$0

$0

Cohen & Steers Dividend Majors Fund, Inc. (NYSE: DVM)

$0

$0

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF)

$0

$0

Cohen & Steers Global Income Builder, Inc. (NYSE: INB)

$0

$0

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE: PSF)

$0

$0




The projections identified above represent estimates and are subject to change based on portfolio and market activity and tax adjustments. Actual capital gain distributions will appear on shareholders' year-end tax forms, which will be mailed in early 2011. Shareholders should keep in mind that some broker-dealers may distribute information on fund capital gain distributions based on preliminary data and subsequently distribute revised reports after the fund calculates final distribution amounts for the 2010 tax year.  

Details on all Cohen & Steers funds, including distributions and tax characteristics, can be found on the Cohen & Steers Web site at cohenandsteers.com.

About Cohen & Steers

Cohen & Steers is a manager of portfolios specializing in U.S. and international real estate securities, large cap value stocks, listed infrastructure and utilities, and preferred securities. The company also manages alternative investment strategies such as hedged real estate securities portfolios and private real estate multimanager strategies for qualified investors. Headquartered in New York City, with offices in London, Brussels, Hong Kong and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.

Cohen & Steers Capital Management, Inc. is a wholly owned subsidiary of Cohen & Steers, Inc., a publicly traded company whose common stock is listed on the New York Stock Exchange under the symbol "CNS."  

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SOURCE Cohen & Steers



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