Cohen & Steers REIT and Preferred Income Fund, Inc. Declares Special Distribution, Payable on December 15, 2022
September 26, 2022 at 07:31 pm EDT
Share
The Board of Directors of the Cohen & Steers REIT and Preferred and Income Fund, Inc. has declared a special distribution of $1.0714 per share. In addition to the regular monthly dividend, this special distribution distributes all remaining income and realized capital gains from the Fund's prior year and is required for Federal income tax purposes to maintain its status as a regulated investment company. The total distribution will be taxable to shareholders in 2022.
The dividend will be payable on December 15, 2022, to the shareholders recorded on December 8, 2022 and Ex-Date is December 7, 2022.
Cohen & Steers REIT and Preferred and Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is high current income. The Fund's secondary investment objective is capital appreciation. The Fund's subsidiary is Cohen & Steers RNP Trust (the REIT Subsidiary). The REIT Subsidiary acts as an investment vehicle for the Fund in order to effect certain investments on behalf of the Fund, consistent with the Fund's investment objectives and policies. The REIT Subsidiary may use wholly owned, limited liability companies to contain the exposure of individual private real estate investments. Unlike the Fund, the REIT Subsidiary may invest without limitation in private real estate. Investments in the REIT Subsidiary are limited to 25% of the Fundâs total assets. The Fund's investment manager is Cohen & Steers Capital Management, Inc.
COHEN & STEERS REIT AND PREFERRED INCOME FUND, INC. 
