Cohen & Steers REIT and Preferred and Income Fund Inc. (RNP)

Cohen & Steers REIT and Preferred and Income Fund Inc. (RNP $21.41)
- $21.41 P/E (TTM): 30.05X Cap: $1.06B
- View RNP Profile
- View Questions on RNP

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

Cohen & Steers REIT and Preferred and Income Fund Inc. (RNP $21.41)
- $21.41 P/E (TTM): 30.05X Cap: $1.06B
- View RNP Profile
- View Questions on RNP

Q: The distribution yield is ~7 to 8% and the SEC yield at the end of March was 3.9%. The SEC yield is supposed to reflect current performance and yet the distribution appears not to have changed for a while. Since C&S publish the SEC yield I assume this to be the more accurate representation of "real" current yield and the difference is made up from ROC. At 85% fixed rate and 15% variable rate what do you think of its prospects? - I am happy with the real estate basis.
Thanks

Read Answer Asked by David on July 26, 2016