Cohen & Steers REIT & Preferred Inc Fd:RNP

    Manage Alerts

    Overview

    As of 12/20/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$20.97$20.99-0.10%
    52 Wk Avg$21.33$21.120.94%
    52 Wk High$24.41$23.015.72%
    52 Wk Low$18.77$19.16-4.64%
    Regular Distribution TypeManaged Distribution
    Distribution Rate7.78%
    Distribution Amount$0.1360
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The fund's investment objective is high current income. The Fund’s secondary investment objective is capital appreciation.The Fund seeks to achieve its objectives through a portfolio of income producing common stock issued by REITs and preferred and other debt securities.

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$1,453.701M
    Total Common Assets:$1,003.576M
    Common Shares Outstanding:47,812,112
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $450.125M
    Regulatory Leverage (USD): $450.125M
    Effective Leverage (USD): $450.125M
    Effective Leverage (%): 30.96%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees0.95%
    Other Expenses:0.23%
    Baseline Expense: N/A
    Interest Expense:2.84%
    Total: 4.02%
    Fund Management

    Fund Sponsor
    Cohen & Steers

    Portfolio Managers
    Jason Yablon, Elaine Zaharis-Nikas, Mathew Kirschner, Jerry Dorost

    Basics
    Category: Equity-Real Estate
    Ticker: RNP
    NAV Ticker: XRNPX
    Average Daily Volume (shares): 105,468
    Average Daily Volume (USD): $2.244M
    Inception Date: 6/27/2003
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 12/20/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2024
    $0.3103
    Annualized Distribution Rate on NAV:
    As of 12/20/2024
    7.78%
    Total Return on NAV (12 months):
    As of 12/20/2024
    25.15%
    Avg. Portfolio Coupon:
    As of 12/20/2024
    6.07%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024
    30.96%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/23/2024

    PeriodAvg Discount
    6 Month2.26%
    1 Year0.94%
    3 Year-1.68%
    5 Year-3.25%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month-1.83
    6 Month-1.30
    1 Year-0.49
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Real Estate

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD24.15%16.99%26.55%15.71%
    20237.76%12.22%10.81%11.93%
    2022-19.76%-22.56%-30.98%-28.27%
    202132.88%31.04%45.52%35.15%
    20203.36%2.18%-14.13%-8.26%
    201943.12%31.95%43.15%30.78%
    2018-9.47%-6.04%-12.56%-7.65%
    201719.65%11.98%17.56%11.91%
    201611.91%7.47%8.87%7.00%
    20155.29%7.15%-0.08%0.88%
    201429.94%28.77%26.62%25.47%
    2013-0.75%3.76%-0.71%3.70%
    201228.94%28.12%31.34%25.16%
    20117.31%5.83%  
    201049.25%30.30%  
    200991.15%68.02%  
    2008-60.58%-54.49%  
    2007-28.39%-21.05%  
    200637.63%28.91%  
    20058.45%5.46%  
    200414.61%22.42%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF Real Estate

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/20/2024
    6.07%
    Number of Holdings:
    As of 9/30/2024
    310
    Annual Portfolio Turnover:
    As of 12/31/2023
    32.00%
    Average Bond Price:
    As of 9/30/2024
    $105.50
    Asset Allocation

    As of 9/30/2024

    Top Sectors

    As of 9/30/2024

    Sector%Portfolio
    Cyclical (Super Sector)48.71%
    Real Estate48.66%
    Corporate (Super Sector)43.41%
    Corporate Bond22.49%
    Preferred Stock20.03%
    Government (Super Sector)1.34%
    Government Related1.34%
    Convertible0.89%
    Cash Equivalents0.49%
    Cash Equivalents (Super Sector)0.49%
    Top Holdings

    As of 9/30/2024

    HoldingValue% Portfolio
    B5883415s Irs Usd R V 09msofr Ccpois Sofr +0.11448$105.00M6.80%
    B5885922s Irs Usd R V 09msofr Ccpois Sofr +0.11448$105.00M6.80%
    American Tower Corp$87.96M5.70%
    B2793199s Irs Usd R V 09msofr Ccpois Sofr +0.11448$87.50M5.67%
    Welltower Inc$78.72M5.10%
    B5886714s Irs Usd R V 09msofr Ccpois Sofr +0.11448$65.00M4.21%
    B5886714s Irs Usd P F .76150$-61.56M-3.99%
    B2793199s Irs Usd P F 1.24000$-84.61M-5.48%
    B5885922s Irs Usd P F 1.23700$-98.51M-6.38%
    B5883415s Irs Usd P F .66950$-101.73M-6.59%
    Credit Quality

    As of 9/30/2024

    Maturity Breakdown

    As of 9/30/2024

    Country Allocation

    As of 9/30/2024

    Country% Portfolio
    United States - Equity48.66%
    United States - Fixed Income8.33%
    Canada - Fixed Income5.32%
    United Kingdom - Fixed Income3.20%
    France - Fixed Income2.73%
    Switzerland - Fixed Income1.32%
    Netherlands - Fixed Income0.82%
    Spain - Fixed Income0.68%
    Australia - Fixed Income0.59%
    Japan - Fixed Income0.39%
    Italy - Fixed Income0.29%
    Germany - Fixed Income0.18%
    Ireland - Fixed Income0.14%
    Finland - Fixed Income0.14%
    United Kingdom - Equity0.05%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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