Wolverine Asset Management LLC Acquires New Holdings in Cohen & Steers Total Return Realty Fund, Inc. $RFI

Key Points

• Wolverine Asset Management LLC acquired a new stake of 90,560 shares of Cohen & Steers Total Return Realty Fund (NYSE: RFI) in Q4, valued at about $1.00 million and representing roughly 0.34% of the fund.
• The fund declared a $0.08 monthly dividend payable June 30 with record/ex-dividend date June 9, implying an annualized yield of about 8.3%.
• Institutional ownership stands at 20.42%, and several institutions— including Royal Bank of Canada and Bank of America—have modestly increased their RFI positions in recent quarters.

Wolverine Asset Management LLC acquired a new stake in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 90,560 shares of the real estate investment trust's stock, valued at approximately $1,001,000. Wolverine Asset Management LLC owned 0.34% of Cohen & Steers Total Return Realty Fund as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of RFI. Royal Bank of Canada grew its position in shares of Cohen & Steers Total Return Realty Fund by 5.8% in the 1st quarter. Royal Bank of Canada now owns 167,148 shares of the real estate investment trust's stock valued at $2,021,000 after purchasing an additional 9,093 shares during the period. Bank of America Corp DE boosted its stake in Cohen & Steers Total Return Realty Fund by 5.7% in the 2nd quarter. Bank of America Corp DE now owns 54,093 shares of the real estate investment trust's stock worth $652,000 after purchasing an additional 2,899 shares during the period. Eastern Bank acquired a new position in Cohen & Steers Total Return Realty Fund in the 3rd quarter worth $46,000. Samalin Investment Counsel LLC boosted its stake in Cohen & Steers Total Return Realty Fund by 1.9% in the 3rd quarter. Samalin Investment Counsel LLC now owns 79,714 shares of the real estate investment trust's stock worth $965,000 after purchasing an additional 1,473 shares during the period. Finally, NWF Advisory Services Inc. boosted its stake in Cohen & Steers Total Return Realty Fund by 5.6% in the 3rd quarter. NWF Advisory Services Inc. now owns 32,275 shares of the real estate investment trust's stock worth $391,000 after purchasing an additional 1,700 shares during the period. 20.42% of the stock is currently owned by institutional investors and hedge funds.

Cohen & Steers Total Return Realty Fund Stock Up 0.3%

Shares of NYSE RFI opened at $11.60 on Wednesday. Cohen & Steers Total Return Realty Fund, Inc. has a 1-year low of $10.78 and a 1-year high of $12.23. The company has a fifty day moving average price of $11.46 and a 200 day moving average price of $11.37.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

Cohen & Steers Total Return Realty Fund Profile

Cohen & Steers Total Return Realty Fund, Inc NYSE: RFI is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.

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