Cohen & Steers Infrastructure Fund, Inc Reports Earnings Results for the Full Year Ended December 31, 2023
March 08, 2024 at 01:53 pm EST
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Cohen & Steers Infrastructure Fund, Inc reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 131.79 million. Net income was USD 36.16 million.
Cohen & Steers Infrastructure Fund, Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is total return, with an emphasis on income through investment in securities issued by infrastructure companies. Under normal market conditions, the Fund invests at least 80% of its managed assets in securities issued by infrastructure companies, which consist of utilities, pipelines, toll roads, airports, railroads, ports, telecommunications companies and other infrastructure companies. The Fund may not invest more than 25% of its managed assets in securities of issuers in any one industry, except for securities in infrastructure companies. The Fund may invest up to 25% of its managed assets in energy-related master limited partnerships (MLPs) and their affiliates and Canadian royalty trusts. The Fund may invest in foreign securities and emerging market securities. The Fund's investment manager is Cohen & Steers Capital Management, Inc.