Cohen & Steers Total Return Realty Fund, Inc. Declares Year-End Capital Gain Distribution, Payable on December 31, 2020
December 14, 2020 at 07:43 am EST
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Cohen & Steers Total Return Realty Fund, Inc. has declared a year-end capital gain distribution of $0.050 per share. The distribution is payable on December 31, 2020, record date is December 24, 2020 and ex date is December 23, 2020.
Cohen & Steers Total Return Realty Fund, Inc. is a diversified, closed-end management investment company. The Fund's investment objective is to achieve a high total return through investment in real estate securities. The Fund seeks both current income and capital appreciation (realized and unrealized) with approximately equal emphasis. Under normal circumstances, the Fund invests at least 75% of its total assets in the equity securities of real estate companies. The Fund's investments in securities of real estate companies may also include private real estate investments. The Fund may invest up to 20% of its total assets in preferred and other fixed income or debt securities issued by any type of company. The Fund may not invest more than 25% of its total assets in debt securities issued or guaranteed by real estate companies. The Fund invests in various sectors, such as healthcare, industrial and data center. The Fund's investment advisor is Cohen & Steers Capital Management, Inc.