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Cohen & Steers Infrastructure Fund (UTF) Stock

Profile

Country:

United States

IPO:

26 March 2004

Indexes:

Not included

Description:

Cohen & Steers Infrastructure Fund (UTF) invests in global infrastructure assets, including utilities, transportation, and energy sectors. The fund aims to provide income and capital appreciation by focusing on companies that benefit from infrastructure development and demand, offering investors exposure to essential services and long-term growth potential.

Key Details

Price

$25.89

TTM Dividend Yield

7.18%(-14.32% YoY)

Annual Revenue

$34.03 M(+117.70% YoY)

Beta

0.32

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 12, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

No data about analysts updates

Market Data

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seekingalpha.com03 December 2024

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.

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prnewswire.com26 November 2024

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.

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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.

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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.

Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
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prnewswire.com27 September 2024

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: Seeing Relief From Interest Rate Cuts
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seekingalpha.com17 September 2024

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.

Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
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prnewswire.com28 August 2024

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.

UTF: 7.7% Yield, Deeper Than Average Discount
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seekingalpha.com25 August 2024

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.

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seekingalpha.com11 August 2024

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.

Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
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prnewswire.com24 July 2024

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.

FAQ

  • What is the primary business of Cohen & Steers Infrastructure Fund?
  • What is the ticker symbol for Cohen & Steers Infrastructure Fund?
  • Does Cohen & Steers Infrastructure Fund pay dividends?
  • What sector is Cohen & Steers Infrastructure Fund in?
  • What industry is Cohen & Steers Infrastructure Fund in?
  • What country is Cohen & Steers Infrastructure Fund based in?
  • When did Cohen & Steers Infrastructure Fund go public?
  • Is Cohen & Steers Infrastructure Fund in the S&P 500?
  • Is Cohen & Steers Infrastructure Fund in the NASDAQ 100?
  • Is Cohen & Steers Infrastructure Fund in the Dow Jones?
  • When does Cohen & Steers Infrastructure Fund report earnings?

What is the primary business of Cohen & Steers Infrastructure Fund?

Cohen & Steers Infrastructure Fund (UTF) invests in global infrastructure assets, including utilities, transportation, and energy sectors. The fund aims to provide income and capital appreciation by focusing on companies that benefit from infrastructure development and demand, offering investors exposure to essential services and long-term growth potential.

What is the ticker symbol for Cohen & Steers Infrastructure Fund?

The ticker symbol for Cohen & Steers Infrastructure Fund is NYSE:UTF

Does Cohen & Steers Infrastructure Fund pay dividends?

Yes, Cohen & Steers Infrastructure Fund pays dividends. The last payment was $0.15, with an ex-dividend date on 12 November 2024

What sector is Cohen & Steers Infrastructure Fund in?

Cohen & Steers Infrastructure Fund is in the Financial Services sector

What industry is Cohen & Steers Infrastructure Fund in?

Cohen & Steers Infrastructure Fund is in the Asset Management industry

What country is Cohen & Steers Infrastructure Fund based in?

Cohen & Steers Infrastructure Fund is headquartered in United States

When did Cohen & Steers Infrastructure Fund go public?

Cohen & Steers Infrastructure Fund's initial public offering (IPO) was on 26 March 2004

Is Cohen & Steers Infrastructure Fund in the S&P 500?

No, Cohen & Steers Infrastructure Fund is not included in the S&P 500 index

Is Cohen & Steers Infrastructure Fund in the NASDAQ 100?

No, Cohen & Steers Infrastructure Fund is not included in the NASDAQ 100 index

Is Cohen & Steers Infrastructure Fund in the Dow Jones?

No, Cohen & Steers Infrastructure Fund is not included in the Dow Jones index

When does Cohen & Steers Infrastructure Fund report earnings?

The date for Cohen & Steers Infrastructure Fund's next earnings report has not been announced yet