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$12.95Last Dividend
$0.08Annual ROE
11.11%Beta
0.51Events Calendar
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Nov 12, 2024Next split:
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NEW YORK , Nov. 26, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on November 29, 2024 and cumulative distributions paid fiscal year-to-date. In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
NEW YORK , Sept. 27, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on September 30, 2024 and cumulative distributions paid fiscal year-to-date.
NEW YORK , Aug. 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on August 30, 2024 and cumulative distributions paid fiscal year-to-date. In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Cohen & Steers Total Return Realty is a closed-end fund that invests primarily in securities of companies in the real estate sector. It currently provides a reasonable yield of 7.75% plus, considering that it uses no leverage. Currently, shares are trading at a small premium of 1.5%. The RFI CEF has a decent long-term record of over 30 years as a real estate fund. However, it has performed poorly recently, which is in line with the performance of the sector. Going forward, there are certain tailwinds that should help the real estate sector and this fund in general.
Cohen & Steers is a leading asset manager offering REIT closed-end funds, managing four unique funds. The four funds are differentiated by asset allocation and leverage. The oldest fund in the lineup, RFI, mirrors RQI's portfolio but does not borrow, making it less volatile.
Investors are eagerly awaiting a potential interest rate cut in September, which could benefit the Real Estate sector. The Cohen & Steers Total Return Realty Fund is a CEF with a high total return objective through real estate investments. RFI has shown better performance compared to its top 10 holdings, with a current yield of 8.23% and a slight premium to NAV.
Cohen & Steers Total Return Realty Fund offers exposure to the real estate sector with an attractive yield. The fund's 8.37% yield provides higher income than the index, but it is lower than most of its peers. This may be suitable for investors seeking high income. The Fund's portfolio avoids the troubled commercial office sector, which risk-averse investors should appreciate.
NEW YORK , June 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on June 28, 2024 and cumulative distributions paid fiscal year-to-date. In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
NEW YORK , May 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on May 31, 2024 and cumulative distributions paid fiscal year-to-date. In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Cohen & Steers Total Return Realty Fund (RFI) invests in a basket of quality REIT investments and carries a sleeve of preferreds. RFI is similar to its sister fund, RQI; however, RFI uses no borrowing in its strategy, making it a relatively less risky fund. RFI is around fair value, but if you have a strong outlook on REITs going forward, it could still be a great long-term bet.
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