Cohen & Steers RNP Fund Details Distribution Sources
Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) disclosed on September 29, 2026, the estimated sources for its September 30, 2026 distribution. The distribution consisted entirely of net investment income.
New York – Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) provided shareholders with an update on September 29, 2026, regarding the sources of its distribution scheduled for payment on September 30, 2026. According to the disclosed information, the distribution consisted solely of net investment income, amounting to $0.1360 per common share.
The fund has operated under a managed distribution policy since December 2017, aiming to deliver long-term total return through regular monthly payouts. This policy allows the fund greater flexibility to realize long-term capital gains throughout the year and distribute them monthly. However, the Board of Directors retains the right to amend or terminate this policy, which could affect the market price of the fund's shares.
For the year-to-date period ending September 30, 2026, the fund's cumulative distributions totaled $1.2240 per common share. Of this amount, $0.6917 (56.51%) was from net investment income and $0.5323 (43.49%) was from net realized long-term capital gains. The fund emphasized that these figures are estimates and that final tax characteristics will be determined at year-end and reported on Form 1099-DIV.
The fund reported a year-to-date cumulative total return of 10.39% for the period ending August 31, 2026. Cohen & Steers cautioned investors against drawing conclusions about investment performance solely from the distribution amount or the managed distribution policy. The value of an investor's holding is determined by the market price of the fund's shares, which is subject to supply and demand, and may not reflect the fund's net asset value performance.