Cohen & Steers RNP Provides Distribution Source Details
Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) has provided shareholders with information on the sources of its distribution for September 30, 2026, as well as cumulative distributions year-to-date under Section 19(a). The managed distribution policy aims to deliver regular monthly payouts by leveraging long-term capital gains and net investment income. The current month's $0.1360 per share distribution is entirely sourced from Net Investment Income (NII), while the fiscal-year-to-date total of $1.2240 includes 56.51% NII and 43.49% long-term capital gains. The Fund notes that these figures are estimates, subject to change based on year-end tax reporting. The distribution policy allows flexibility in managing returns but carries the risk of adjustment by the Board, which could affect share prices. Final tax characteristics will be reported via Form 1099-DIV after the calendar year ends.
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Topics: dividends managed_distribution_policy shareholder_information