NEW YORK , Jan. 29, 2025 /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 January 31, 2025 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.
I previously recommended Cohen & Steers Infrastructure Fund as a BUY for its low valuation, high yield, and rate cut potential. The catalysts underpinning my earlier buy rating for the UTF CEF have run their courses by now. The utility sector is now one of the most overvalued sectors on our dashboard.
After falling by roughly -11% in less than a month, UTF's distribution yield is approaching 8% and creating a strong investment opportunity as the Fed lowers rates. UTF has established a multi-decade track record of generating income for its shareholders and continues to outpace the risk-free rate of return. UTF has several catalysts on the horizon, including deregulation, increased energy consumption, more data centers, increased CapEx spending, and lower rates.
NEW YORK , Dec. 17, 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 December 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.
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.