Cohen & Steers REIT and Most popular and Earnings Fund, Inc. (RNP) Notification of Sources of Particular Distribution Underneath Part 19(a)

NEW YORK, Dec. 13, 2022 /PRNewswire/ — This press launch supplies shareholders of Cohen & Steers REIT and Most popular and Earnings Fund, Inc. (NYSE: RNP) (the “Fund”) with data relating to the sources of the particular distribution to be paid on December 15, 2022 and cumulative distributions paid fiscal year-to-date.

In December 2017, the Fund carried out a managed distribution coverage in accordance with exemptive aid issued by the Securities and Trade Fee. The managed distribution coverage seeks to ship the Fund’s long-term whole return potential by way of common month-to-month distributions declared at a set fee per widespread share. This coverage will give the Fund higher flexibility to comprehend long-term capital beneficial properties all year long and to distribute these beneficial properties on a daily month-to-month foundation to shareholders. The Board of Administrators of the Fund could amend, terminate or droop the managed distribution coverage at any time, which may have an hostile impact in the marketplace value of the Fund’s shares.

The Fund’s month-to-month distributions could embrace long-term capital beneficial properties, short-term capital beneficial properties, internet funding revenue and/or return of capital for federal revenue tax functions. Return of capital contains distributions paid by the Fund in extra of its internet funding revenue and internet realized capital beneficial properties and such extra is distributed from the Fund’s belongings. A return of capital isn’t taxable; quite, it reduces a shareholder’s tax foundation in his or her shares of the Fund. As well as, distributions from the Fund’s investments in actual property funding trusts (REITs) could later be characterised as capital beneficial properties and/or a return of capital, relying on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The quantity of month-to-month distributions could fluctuate relying on a variety of elements, together with adjustments in portfolio and market circumstances.

On the time of every month-to-month distribution, data might be posted to cohenandsteers.com and mailed to shareholders in a concurrent discover. Nevertheless, this data could change on the finish of the 12 months as a result of the ultimate tax traits of the Fund’s distributions can’t be decided with certainty till after the top of the calendar 12 months. Last tax traits of the entire Fund’s distributions might be supplied on Type 1099-DIV, which is mailed after the shut of the calendar 12 months.

The next desk units forth the estimated quantities of the present distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All quantities are expressed per widespread share.

You shouldn’t draw any conclusions in regards to the Fund’s funding efficiency from the quantity of this distribution or from the phrases of the Fund’s managed distribution coverage. The quantities and sources of distributions reported on this Discover are solely estimates, are more likely to change over time, and will not be being supplied for tax reporting functions. The precise quantities and sources of the quantities for accounting and tax reporting functions will rely upon the Fund’s funding expertise in the course of the the rest of its fiscal 12 months and could also be topic to adjustments based mostly on tax rules. The quantities and sources of distributions year-to-date could also be topic to further changes.

*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES

The Fund’s 12 months-to-date Cumulative Whole Return for fiscal 12 months 2022 (January 1, 2022 by way of November 30, 2022) is about forth beneath. Shareholders ought to pay attention to the connection between the 12 months-to-date Cumulative Whole Return with the Fund’s Cumulative Distribution Charge for 2022. As well as, the Fund’s Common Annual Whole Return for the five-year interval ending November 30, 2022 is about forth beneath. Shareholders ought to notice the connection between the Common Annual Whole Return with the Fund’s Present Annualized Distribution Charge for 2022. The efficiency and distribution fee data disclosed within the desk relies on the Fund’s internet asset worth per share (NAV). The Fund’s NAV is calculated as the entire market worth of all of the securities and different belongings held by the Fund minus the entire liabilities, divided by the entire variety of shares excellent. Whereas NAV efficiency could also be indicative of the Fund’s funding efficiency, it doesn’t measure the worth of a shareholder’s particular person funding within the Fund. The worth of a shareholder’s funding within the Fund is decided by the Fund’s market value, which relies on the availability and demand for the Fund’s shares within the open market.

Fund Efficiency and Distribution Charge Data:

Traders ought to take into account the funding targets, dangers, costs and expense of the Fund rigorously earlier than investing. You may get hold of the Fund’s most up-to-date periodic experiences, when obtainable, and different regulatory filings by contacting your monetary advisor or visiting cohenandsteers.com. These experiences and different filings may be discovered on the Securities and Trade Fee’s EDGAR Database. You must learn these experiences and different filings rigorously earlier than investing.

Shareholders shouldn’t use the data supplied right here in making ready their tax returns. Shareholders will obtain a Type 1099-DIV for the calendar 12 months indicating how one can report Fund distributions for federal revenue tax functions.

Web site: https://www.cohenandsteers.com/
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About Cohen & Steers. Cohen & Steers is a number one world funding supervisor specializing in actual belongings and various revenue, together with actual property, most popular securities, infrastructure, useful resource equities, commodities, in addition to multi-strategy options. Based in 1986, the agency is headquartered in New York Metropolis, with workplaces in London, Dublin, Hong Kong, and Tokyo.

Ahead-Trying Statements

This press launch and different statements that Cohen & Steers could make could comprise ahead trying statements inside the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Trade Act of 1934, which replicate the corporate’s present views with respect to, amongst different issues, its operations and monetary efficiency. You may determine these forward-looking statements by way of phrases reminiscent of “outlook,” “believes,” “expects,” “potential,” “continues,” “could,” “will,” “ought to,” “seeks,” “roughly,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the damaging variations of those phrases or different comparable phrases. Such forward-looking statements are topic to varied dangers and uncertainties.

Accordingly, there are or might be necessary elements that would trigger precise outcomes or outcomes to vary materially from these indicated in these statements. The corporate undertakes no obligation to publicly replace or overview any forward-looking assertion, whether or not because of new data, future developments or in any other case.

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SOURCE Cohen & Steers, Inc.