Cohen & Steers Infrastructure Fund Prepares Shareholders for July 2024 Distribution Payment

Cohen & Steers Infrastructure Fund, Inc. (UTF) has notified its shareholders about the sources of its upcoming distribution payment scheduled for July 31, 2024. This announcement comes as part of the Fund’s managed distribution policy, which was instituted in March 2015. The policy allows the fund to provide regular monthly distributions at a fixed rate, while also offering flexibility to capture long-term capital gains throughout the year. Shareholders may be impacted if the Board adjusts or suspends this policy.

The announcement details the expected distribution for July, which amounts to $0.1550 per share. It is important for shareholders to understand the composition of this distribution. For the upcoming month, 11.94% of the distribution will come from net investment income, while a substantial 88.06% will derive from net realized long-term capital gains. As the fiscal year progresses, the fund’s ability to maintain these estimates may vary based on market conditions and investment performance.

Moreover, shareholders should keep in mind that the information about the distribution is preliminary and is not intended for tax reporting purposes at this time. The actual tax information, which will come in the form of a Form 1099-DIV, will reflect any necessary adjustments once the fiscal year concludes. As a result, shareholders are advised to refrain from using the provided distribution estimates for tax filing but can expect detailed tax reporting later in the year.