Cohen & Steers REIT and Preferred and Income Fund (RNP) Distribution Notification: Section 19(a) Statement

Here’s a revised version of the article, formatted for a business and financial audience, with added depth and a CNBC-esque tone.

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**Cohen & Steers REIT and Preferred and Income Fund (NYSE: RNP) Discloses Distribution Sources, Highlights Managed Policy**

NEW YORK – January 27, 2026 – Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) has provided shareholders with a detailed breakdown of the sources for its upcoming January 30, 2026 distribution and year-to-date cumulative distributions. This disclosure comes as the fund continues to operate under its managed distribution policy, a strategy implemented in December 2017 following exemptive relief from the Securities and Exchange Commission.

The core objective of the managed distribution policy is to provide investors with a consistent monthly payout, declared at a fixed rate per common share. This approach grants the fund increased agility in realizing long-term capital gains throughout the year and subsequently distributing these gains to shareholders on a regular schedule. However, it’s important for investors to note that the fund’s Board of Directors retains the discretion to amend, suspend, or terminate this policy at any time, which could carry implications for the market price of the fund’s shares.

For tax purposes, the monthly distributions from the fund may comprise a blend of long-term capital gains, short-term capital gains, net investment income, and/or return of capital. A “return of capital” signifies distributions exceeding the fund’s net investment income and realized capital gains, effectively returning a portion of the shareholder’s original investment. While not immediately taxable, a return of capital reduces a shareholder’s cost basis in the fund. Furthermore, distributions originating from the fund’s holdings in real estate investment trusts (REITs) can be re-characterized as capital gains or return of capital based on how those REITs report their dividends at year-end. The composition and amount of these monthly distributions are subject to fluctuations influenced by evolving portfolio strategies and prevailing market conditions.

Shareholders can access information regarding the estimated sources of each monthly distribution on cohenandsteers.com, with accompanying notices also being mailed. It’s crucial to understand that these figures are preliminary estimates and may be subject to revision. The final tax characterization of the fund’s distributions is typically determined only after the close of the calendar year, with definitive details provided on Form 1099-DIV.

The following table provides an estimated breakdown of the current distribution and year-to-date cumulative distributions:

| Source | Per Share Amount (January 2026) | % of Current Distribution | Per Share Amount (YTD Jan 31, 2026) | % of 2026 Distributions |
| :——————————– | :—————————— | :———————— | :———————————- | :———————- |
| Net Investment Income | $0.05 | 29.78% | $0.05 | 29.78% |
| Net Realized Short-Term Capital Gains | $0.00 | 0.00% | $0.00 | 0.00% |
| Net Realized Long-Term Capital Gains | $0.00 | 0.00% | $0.00 | 0.00% |
| Return of Capital (or other Capital Source) | $0.0955 | 70.22% | $0.0955 | 70.22% |
| **Total Current Distribution** | **$0.1360** | **100.00%** | **$0.1360** | **100.00%** |

**Investor Advisory:** Investors are cautioned against inferring investment performance solely from the amount of this distribution or the fund’s managed distribution policy. A portion of the distribution may represent a return of capital, which is a return of your initial investment and does not necessarily reflect investment performance. It is distinct from “yield” or “income.” The reported figures are estimates and may change. Final tax reporting will be provided on Form 1099-DIV.

**Fund Performance and Distribution Rate Insights:**

The fund’s performance data for the fiscal year 2025 (January 1, 2025, through December 31, 2025) and a five-year period ending December 31, 2025, have also been disclosed. These metrics, based on net asset value (NAV) per share, offer a perspective on the fund’s investment results relative to its distribution rates.

| Metric | Year-to-date (Jan 1, 2025 – Dec 31, 2025) | Five-year period ending Dec 31, 2025 |
| :———————————— | :————————————– | :———————————– |
| Year-to-date Cumulative Total Return¹ | 5.81% | N/A |
| Cumulative Distribution Rate² | 0.66% | N/A |
| Average Annual Total Return³ | N/A | 5.76% |
| Current Annualized Distribution Rate⁴ | N/A | 7.91% |

*¹ Year-to-date Cumulative Total Return: Percentage change in NAV over the period, including reinvested distributions.*
*² Cumulative Distribution Rate: Distributions as a percentage of NAV as of December 31, 2025, for the current fiscal period.*
*³ Average Annual Total Return: Compound average of annual NAV total returns over five years.*
*⁴ Current Annualized Distribution Rate: Current fiscal period’s distribution rate annualized as a percentage of NAV as of December 31, 2025.*

Investors are strongly advised to consult the fund’s prospectus and other regulatory filings for a comprehensive understanding of investment objectives, risks, charges, and expenses before investing. These documents are available through financial advisors or via the fund’s website.

**About Cohen & Steers:**
Cohen & Steers stands as a prominent global investment manager with a dedicated focus on real assets and alternative income strategies. Established in 1986, the firm’s expertise spans listed and private real estate, preferred securities, infrastructure, resource equities, commodities, and multi-strategy solutions. Headquartered in New York City, Cohen & Steers maintains a global presence with offices in London, Dublin, Hong Kong, Tokyo, and Singapore.

**Forward-Looking Statements:**
This press release may contain forward-looking statements, which reflect the company’s current views on its operations and financial performance. These statements are subject to various risks and uncertainties, and actual outcomes may differ materially. Cohen & Steers undertakes no obligation to publicly update or revise any forward-looking statements.