NEW YORK, March 10, 2014 /PRNewswire/ -- The Boards of
Directors of Cohen & Steers closed-end funds (each a "Fund" and
collectively, the "Funds") have declared first quarter 2014
distributions payable on March 31,
2014 to shareholders of record on March 21, 2014. The ex-dividend date is
March 19, 2014. The distribution
amounts for the Funds are summarized below:
|
|
Fund
|
|
NYSE
Symbol
|
|
Quarterly
Distribution
Per
Share
|
Cohen &
Steers
Closed-End
Opportunity Fund, Inc.
|
|
FOF
|
|
$0.2600
|
|
|
|
|
|
Cohen &
Steers
Dividend Majors Fund,
Inc.
|
|
DVM
|
|
$0.2300
|
|
|
Cohen &
Steers
Global Income
Builder, Inc.
|
|
INB
|
|
$0.2800
|
|
|
|
|
|
Cohen &
Steers
|
|
UTF
|
|
$0.3700
|
Infrastructure Fund,
Inc.
|
|
|
|
|
|
Cohen &
Steers
|
|
MIE
|
$0.3150
|
MLP Income and Energy
Opportunity Fund, Inc.
|
|
|
|
|
|
Cohen &
Steers
REIT and Preferred
Income Fund, Inc.
|
|
RNP
|
$0.3000
|
|
|
|
|
|
|
|
The Funds pay regular quarterly cash distributions to common
shareholders at a level rate that may be adjusted from time to
time, based on the projected income of a Fund. Each Fund's
distributions reflect net investment income, and may also include
net realized capital gains and/or return of capital. Return
of capital includes distributions paid by a Fund in excess of its
net investment income, and such excess is distributed from the
Fund's assets. Under federal tax regulations, some or all of the
return of capital distributed by a Fund may be taxed as ordinary
income. The amount of quarterly distributions may vary depending on
a number of factors, including changes in portfolio and market
conditions.
In addition, distributions for Funds investing in real estate
investment trusts (REITs) and closed-end funds (CEFs) may later be
characterized as capital gains and/or a return of capital,
depending on the character of the dividends reported to each Fund
after year-end by the REITs and CEFs held by a Fund. Investments in
master limited partnerships (MLPs) will produce distributions that
will be classified as return of capital.
The amount and composition of each fund's distribution is
disclosed quarterly at cohenandsteers.com; however, this
information may change after each calendar year end once the final
tax characteristics of all fund distributions can be determined
with certainty. Final tax characteristics of all fund
distributions will be provided on Form 1099-DIV, which is mailed
after the close of each calendar year.
More information is available at cohenandsteers.com.
//Website: http://cohenandsteers.com/
Symbol: NYSE: CNS
About Cohen & Steers. Founded in 1986, Cohen &
Steers is a leading global investment manager with a long history
of innovation and a focus on real assets, including real estate,
infrastructure and commodities. Headquartered in New York City, with offices in London, Hong
Kong, Tokyo and
Seattle, Cohen & Steers serves
institutional and individual investors around the world.
SOURCE Cohen & Steers