newsfilter
← Latest News
PR Newswire·

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

RNPCNS
  • Cohen & Steers REIT & Income Fund (NYSE: RNP) announced distribution sources for the December 31, 2025 payment & fiscal year-to-date cumulative distributions.
  • The Fund operates a managed distribution policy implemented in December 2017 that declares fixed monthly rates to deliver long-term total return potential while providing flexibility to realize capital gains.
  • The Board of Directors retains the authority to amend, terminate, or suspend the managed distribution policy at any time, which could adversely affect share market prices.
  • Monthly distributions may consist of net investment income, short-term capital gains, long-term capital gains, or return of capital for federal tax purposes.
  • Return of capital reduces a shareholder's tax basis in Fund shares & is not immediately taxable, though it may be recharacterized as capital gains later depending on underlying REIT dividend reports.
  • Estimated December 2025 distribution per share is $0.1360, composed of $0.1339 (98.46%) from Net Investment Income & $0.0021 (1.54%) from Return of Capital.
  • Cumulative distributions paid year-to-date total $1.6320 per share, consisting of $1.1314 (69.33%) from Net Investment Income & $0.5006 (30.67%) from Return of Capital.
  • Final tax characteristics will be determined after the calendar year & reported on Form 1099-DIV mailed to shareholders.
  • Year-to-date cumulative total return for fiscal year 2025 (January 1 through November 30) was 7.79%, while the cumulative distribution rate was 7.71%.
  • The five-year average annual total return ending November 30, 2025, was 6.80%, compared to a current annualized distribution rate of 7.71%.
  • The Fund warns that distribution amounts are estimates subject to change based on investment experience, market conditions, & tax regulations.
  • Shareholders are advised not to use this notice for tax filing purposes & should rely on the final Form 1099-DIV for federal income tax reporting.
  • Cohen & Steers is a global investment manager specializing in real assets & alternative income, founded in 1986 & headquartered in New York City.