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Cohen & Steers REIT and Preferred and Income Fund

RNP

Market cap $906M

18.88 USD

-0.04

0.21%

At close Updated Oct 30, 4:00 PM EDT

1 day

-0.21%

5 days

2.22%

1 month

1.23%

3 months

-8.31%

6 months

-10.27%

Year to date

-5.41%

1 year

-11.82%

5 years

-31.45%

10 years

0.59%

About: Cohen & Steers REIT and Preferred Income Fund Inc is a diversified, closed-ended investment management fund. Its investment objective is to provide high current income with capital appreciation as its secondary objective. The Fund invests at least its total assets in common stocks issued by real estate investment trusts (REITs) and preferred securities under normal circumstances. The Fund seeks to achieve its objectives through a portfolio of income producing common stock issued by REITs and preferred and other debt securities.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 41.7%

Neutral 58.3%

Negative 0%

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

NEW YORK, Oct. 27, 2026 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sources of the distribution to be paid on October 30, 2026 and cumulative distributions paid fiscal year-to-date. In December 2017, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

AI Reality Check, Inflation Stress Test

U.S. equities stumbled as AI-bubble concerns overwhelmed otherwise resilient fundamentals, while September inflation ran hot but remained heavily energy-driven, complicating the Fed's path without clearly forcing an October hike. Treasuries rallied sharply despite hotter CPI and PPI, with the 2-Year reversing from 4.95% to 4.71% as dovish Fed signals and risk-off flows pushed October hike odds. Oil reemerged as the key macro pressure point, with WTI surging above $100 as Saudi and Hormuz risks intensified, threatening to reverse recent relief in gasoline and diesel prices.

AI Reality Check, Inflation Stress Test

REITs Are On Sale: Lock In +9% Yields While You Wait

REITs are trading at historic discounts, with resilient demand and AFFO growth despite high interest rates. RQI and RNP offer +9% yields, and trade at big discounts to NAV. Both funds maintain steady monthly distributions, utilize moderate leverage, and present attractive entry points given current market dislocations.

REITs Are On Sale: Lock In +9% Yields While You Wait

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

NEW YORK, Sept. 29, 2026 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sources of the distribution to be paid on September 30, 2026 and cumulative distributions paid fiscal year-to-date.

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

The Rate Shock That Didn't Break REITs

REITs are refusing to break despite another rate shock: the 10-Year Treasury reached 5%, yet REITs remain higher by roughly 7% in 2026 as the once-dominant rate correlation weakens further. Solid fundamentals are increasingly doing the heavy lifting, with healthy property-level cash flows, improving earnings visibility, strong dividend coverage, and better balance sheets helping REITs absorb the rate shock. Cooling supply increasingly reinforces fundamentals: excluding Data Centers, REIT development pipelines are roughly 40% below their 2022 peak and 2019 levels; Data Centers remain the exception at seven times 2019 levels.

The Rate Shock That Didn't Break REITs

RNP: Attractive Distribution And Discount Makes This A Tempting Income Play

Cohen & Steers REIT & Preferred & Income Fund offers a compelling blend of REIT and preferred securities, currently trading at a -6.26% discount. RNP's 8.04% distribution yield remains stable and manageable, supported by a balanced 51/49% REIT/fixed-income portfolio and prudent management. Short-term headwinds from rising interest rates and higher borrowing costs are offset over the long term by RNP's quality management, balanced approach, and attractive valuation.

RNP: Attractive Distribution And Discount Makes This A Tempting Income Play

10 Best CEFs This Month: Average Yield Of Near 10% (August 2026)

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 10% yield and nearly 5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

10 Best CEFs This Month: Average Yield Of Near 10% (August 2026)

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

NEW YORK, Aug. 28, 2026 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sources of the distribution to be paid on August 31, 2026 and cumulative distributions paid fiscal year-to-date. In December 2017, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

2 Income Opportunities With +8% Yields

We navigate similar market conditions, but have very different financial objectives. Pokémon and investing have a few elements in common. A winning team has contrasting strengths. Discover our top picks offering yields of up to 12%.

2 Income Opportunities With +8% Yields

Rates Retake The Spotlight

U.S. equity markets pulled back from record highs this week as long-term Treasury yields remained elevated, with renewed fiscal concerns after federal debt crossed $40T. Oil prices extended their rebound as stalled Iran negotiations and severely depressed Strait of Hormuz tanker traffic kept geopolitical risk elevated, pushing WTI crude another 5% higher to nearly $87/barrel. Housing data remained soft as starts, pending sales, and builder sentiment stayed depressed amid mortgage rates near 6.7%, but weak construction continued to reinforce the underlying housing shortage.

Rates Retake The Spotlight

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