NEW YORK, Nov. 1, 2010 /PRNewswire/ -- Cohen & Steers announced today that it does not expect its U.S. registered open-end funds to make capital gain distributions to shareholders in 2010. Information on estimated ordinary income distributions will be available in the beginning of December.
Ordinary income distributions for Cohen & Steers Global Realty Shares, Inc. , Cohen & Steers International Realty Fund, Inc. , Cohen & Steers Institutional Global Realty Shares, Inc. and Cohen & Steers Asia Pacific Realty Shares, Inc. will likely be greater than the semi-annual distributions made on June 30, 2010 as U.S. Federal income tax regulations require a fund to distribute income related to appreciation on certain foreign securities at year end.
Details on each fund, including distributions and estimated tax characteristics, can be found on the Cohen & Steers Web site at cohenandsteers.com. In early 2011, shareholders will receive a Form 1099-DIV notifying them of the composition and tax treatment of all distributions for the year.
Distribution information for Cohen & Steers closed-end funds will be made available in late November.
About Cohen & Steers
Cohen & Steers is a manager of portfolios specializing in U.S. and international real estate securities, large cap value stocks, listed infrastructure and utilities, and preferred securities. The company also manages alternative investment strategies such as hedged real estate securities portfolios and private real estate multimanager strategies for qualified investors. Headquartered in New York City, with offices in London, Brussels, Hong Kong and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.
Cohen & Steers
CONTACT: Francis C. Poli, Executive Vice President, General Counsel,
Cohen & Steers, Inc., +1-212-446-9112
Web Site: http://cohenandsteers.com/
