Key Details
Price
$25.89Last Dividend
$0.15Annual ROE
1.64%Beta
0.32Events Calendar
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Nov 12, 2024Next split:
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Cohen & Steers Infrastructure Fund and Real Estate Opportunities and Income Fund offer broad exposure to high-quality infrastructure and real estate investments. UTF has climbed to a slight premium, but with a 7.09% distribution yield and effective leverage management, making it a solid long-term investment. RLTY has been being pushed lower more recently, and that's helped to push the fund's discount to widen back out to a more attractive level.
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (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 March 2015, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
The Fed's rate easing has boosted the Utilities sector, making it the 3rd best performer, up 32%, behind Financials and Tech. Cohen & Steers Infrastructure Fund, a major infrastructure fund, offers high-yield exposure to Utilities, with a 7.27% yield and significant holdings in Electric Utilities. This article details dividend yields, volume, and discounts for several other Infrastructure & Utilities funds.
AI has driven mega-cap tech stocks and energy infrastructure stocks higher, but many are now overvalued. I discuss the one segment of the AI ecosystem that is still undervalued. I also compare UTF and AMLP.
NEW YORK , Sept. 27, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (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.
UTF's recent performance has surged due to anticipated interest rate cuts, with a YTD price increase of over 22% and a total return of 28.7%. UTF offers a high distribution rate of 7.2% that is paid out to shareholders on a monthly basis. Future interest rate cuts will benefit UTF by reducing leverage costs and boosting growth in debt-reliant infrastructure sectors.
NEW YORK , Aug. 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (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 March 2015, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
The Utilities sector is benefiting from potential rate drops by the Fed, up 4.55% in the past month, in line with the Consumer Defensive sector. The Cohen & Steers Infrastructure Fund invests in infrastructure assets, with top exposure to Electric Utilities at 33%. UTF offers a 7.68% dividend yield, covers distributions, and sells at a 2% discount to NAV, making it a speculative Buy.
Cohen & Steers Infrastructure Fund is a closed-end fund that invests primarily in securities of companies in the infrastructure space. The UTF closed-end fund currently provides a reasonable yield of 7.6% plus; however, it uses a high level of leverage, roughly 30% of total assets. Currently, shares are trading at a small premium of 1.5%. UTF has a decent long-term record of over 20 years for a Utility and infrastructure-focused 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 this fund in general.
NEW YORK , July 24, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (the "Fund") with information regarding the sources of the distribution to be paid on July 31, 2024 and cumulative distributions paid fiscal year-to-date. In March 2015, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
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