Cohen & Steers Announces 2011 Year-End Distribution Information for Open-End Funds
NEW YORK, Dec. 2, 2011 /PRNewswire/ -- Cohen & Steers announced today estimated ordinary income distributions for its U.S. registered open-end funds. As announced on November 21, 2011, these distributions will be made on December 15, 2011 to shareholders of record as of December 14, 2011, with an ex-dividend date of December 15, 2011.
Additionally, as announced on November 21, 2011, none of the Cohen & Steers' U.S.-registered open-end funds anticipates making capital gain distributions in 2011.
The projections below represent estimates and are subject to change based on portfolio, market and shareholder activity, and tax adjustments.
| Fund Name |
Projected Ordinary Income Distribution |
| Cohen & Steers Realty Shares, Inc. |
|
| – (Nasdaq: CSRSX) |
$0.38–$0.43 per share |
| Cohen & Steers Realty Income Fund, Inc. | |
| – Class A (Nasdaq: CSEIX) |
$0.06–$0.08 per share |
| – Class B (Nasdaq: CSBIX) |
$0.04–$0.06 per share |
| – Class C (Nasdaq: CSCIX) |
$0.04–$0.06 per share |
| – Class I (Nasdaq: CSDIX) |
$0.07–$0.09 per share |
| Cohen & Steers Institutional Realty Shares, Inc. |
|
| – (Nasdaq: CSRIX) |
$0.25–$0.30 per share |
| Cohen & Steers Dividend Value Fund, Inc. |
|
| – Class A (Nasdaq: DVFAX) |
$0.04–$0.06 per share |
| – Class C (Nasdaq: DVFCX) |
$0.02–$0.04 per share |
| – Class I (Nasdaq: DVFIX) |
$0.05–$0.07 per share |
| Cohen & Steers Institutional Global Realty Shares, Inc. |
|
| – (Nasdaq: GRSIX) |
$0.08-$0.11 per share |
| Cohen & Steers Global Infrastructure Fund, Inc. |
|
| – Class A (Nasdaq: CSUAX) |
$0.13–$0.18 per share |
| – Class B (Nasdaq: CSUBX) |
$0.08–$0.13 per share |
| – Class C (Nasdaq: CSUCX) |
$0.08–$0.13 per share |
| – Class I (Nasdaq: CSUIX) |
$0.15–$0.20 per share |
| Cohen & Steers Global Realty Shares, Inc. |
|
| – Class A (Nasdaq: CSFAX) |
$0.04–$0.07 per share |
| – Class B (Nasdaq: CSFBX) |
$0.00–$0.02 per share |
| – Class C (Nasdaq: CSFCX) |
$0.00–$0.02 per share |
| – Class I (Nasdaq: CSSPX) |
$0.12–$0.15 per share |
| Cohen & Steers International Realty Fund, Inc. |
|
| – Class A (Nasdaq: IRFAX) |
$0.08–$0.11 per share |
| – Class C (Nasdaq: IRFCX) |
$0.05–$0.08 per share |
| – Class I (Nasdaq: IRFIX) |
$0.10–$0.13 per share |
| Cohen & Steers Emerging Markets Real Estate Fund, Inc. |
|
| – Class A (Nasdaq: APFAX) |
$0.14–$0.17 per share |
| – Class C (Nasdaq: APFCX) |
$0.11–$0.14 per share |
| – Class I (Nasdaq: APFIX) |
$0.15–$0.18 per share |
| Cohen & Steers Preferred Securities and Income Fund, Inc. |
|
| – Class A (Nasdaq: CPXAX) |
$0.066–$0.069 per share |
| – Class C (Nasdaq: CPXCX) |
$0.060–$0.063 per share |
| – Class I (Nasdaq: CPXIX) |
$0.070–$0.072 per share |
Shareholders should also remember that the net asset value of a fund with an ordinary income distribution will decline on the ex-dividend date to reflect the adjusted net asset value of the fund after the distribution. This is in addition to any effect the market's performance had on the securities within the fund's portfolio on that day.
Details on each fund, including distributions and estimated tax characteristics, can be found on the Cohen & Steers Web site at cohenandsteers.com. In early 2012, shareholders will receive a Form 1099-DIV notifying them of the composition and tax treatment of all distributions for the year.
Web site: http://cohenandsteers.com/
Symbol:NYSE: CNS
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, Seattle and Tokyo, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.
SOURCE Cohen & Steers
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