Cohen & Steers, Tax Advantage Preferred Securities and Income Fund (PTA) declares special year-end distribution


NEW YORK, December 16, 2021 / PRNewswire / – The Board of Directors of the Cohen & Steers Tax-Advantaged Securities and Income Fund (NYSE: PTA) (the “Fund”) has declared a special year-end distribution, as summarized below. In addition to the regular monthly dividend, this distribution of year-end income and capital gains is paid to enable the Fund to meet its 2021 distribution requirement for federal excise tax purposes. A substantial portion of the total distribution will be taxable to shareholders in 2021.

Date of departure

Registration

Dated

Payable

Dated

Long term
Capital city
To earn

Distribution

Per share

Short term
Capital gain
Distribution
Per share

Ordinary
Income
Distribution
Per share

Total
Distribution
Per share

Dec. 27 2021

December 28, 2021

January 6, 2022

$ 0.026

$ 0.081

$ 0.040

$ 0.147

The amount and composition of the Fund’s distributions will be disclosed monthly on cohenandsteers.com; however, this information may change after each calendar year end once the final tax characteristics of all distributions from the Fund can be determined with certainty. The final tax characteristics of distributions from the Fund will be provided on Form 1099-DIV, which is mailed after the end of each calendar year.

The amount of monthly distributions may vary over time depending on a number of factors, including changes in the portfolio and market conditions. Distributions from the Fund reflect net investment income and may also include net realized capital gains and / or return of capital. Return of capital includes distributions made by a fund in excess of its net investment income, and this excess is distributed out of the fund’s assets.

Shareholders should not use the information provided in the preparation of their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report distributions from the Fund for federal income tax purposes.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. You can obtain the most recent periodic reports of the fund, when available, and other regulatory documents by contacting your financial advisor or by visiting cohenandsteers.com. These reports and other documents can be viewed in the Securities and Exchange Commission’s EDGAR database. You should read these reports and other documents carefully before investing.

Website: https://www.cohenandsteers.com/
Symbol: (NYSE: CNS)

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource stocks, commodities, as well as multi-solutions. -strategies. Founded in 1986, the company is based in New York City, with offices in London, Dublin, Hong Kong, and Tokyo.

Forward-looking statements
This press release and other statements Cohen & Steers may make may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect current views. of the company with regard to, among other things, its operations and financial performance. You can identify these forward-looking statements by using words such as “prospect”, “believes”, “expects”, “possible”, “continuing”, “could”, “may”, “should”, “research,” “” approximately “,” predicted “,” intends to “,” plans “,” estimates “,” foresees “, or negative versions of these or other comparable words. These forward-looking statements are subject to various conditions. risks and uncertainties.

Therefore, there are or will be significant factors that could cause actual results to differ materially from those shown in such statements. The company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Cision

View original content: https://www.prnewswire.com/news-releases/cohen–steers-tax-advantaged-preferred-securities-and- Income-fund-pta-declares-special-year-end-distribution- 301447078 .html

SOURCE Cohen and steers


Comments are closed.