UBS Group AG Has $17.59 Million Stock Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) (2024)

Posted by Defense World Staff on May 31st, 2024

UBS Group AG Has $17.59 Million Stock Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) (1)UBS Group AG lifted its stake in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTFFree Report) by 5.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 828,097 shares of the investment management company’s stock after purchasing an additional 40,225 shares during the quarter. UBS Group AG’s holdings in Cohen & Steers Infrastructure Fund were worth $17,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. McGowan Group Asset Management Inc. boosted its position in Cohen & Steers Infrastructure Fund by 0.3% during the 3rd quarter. McGowan Group Asset Management Inc. now owns 1,249,542 shares of the investment management company’s stock worth $24,466,000 after acquiring an additional 3,860 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of Cohen & Steers Infrastructure Fund by 52.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 588,780 shares of the investment management company’s stock worth $12,506,000 after purchasing an additional 203,391 shares in the last quarter. LPL Financial LLC raised its stake in shares of Cohen & Steers Infrastructure Fund by 4.6% during the 3rd quarter. LPL Financial LLC now owns 305,647 shares of the investment management company’s stock worth $5,985,000 after purchasing an additional 13,481 shares in the last quarter. United Capital Management of KS Inc. raised its stake in shares of Cohen & Steers Infrastructure Fund by 6.1% during the 4th quarter. United Capital Management of KS Inc. now owns 155,918 shares of the investment management company’s stock worth $3,312,000 after purchasing an additional 8,996 shares in the last quarter. Finally, Conning Inc. raised its stake in shares of Cohen & Steers Infrastructure Fund by 2.3% during the 4th quarter. Conning Inc. now owns 130,821 shares of the investment management company’s stock worth $2,779,000 after purchasing an additional 2,935 shares in the last quarter.

Cohen & Steers Infrastructure Fund Price Performance

Shares of UTF stock opened at $22.99 on Friday. The stock’s 50 day simple moving average is $23.02 and its 200 day simple moving average is $22.13. Cohen & Steers Infrastructure Fund, Inc has a twelve month low of $18.15 and a twelve month high of $23.87.

Cohen & Steers Infrastructure Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 11th will be paid a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date is Tuesday, June 11th.

Cohen & Steers Infrastructure Fund Profile

(Free Report)

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.

See Also

Want to see what other hedge funds are holding UTF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cohen & Steers Infrastructure Fund, Inc (NYSE:UTFFree Report).

UBS Group AG Has $17.59 Million Stock Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) (2)

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UBS Group AG Has $17.59 Million Stock Position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) (2024)

FAQs

What is an UTF investment? ›

Unit trust funds (UTF) are a common type of CIS in Malaysia. Like what the name indicates, it is not incorporated as a company but as a trust where monies are collected from investors to be invested and managed for investors' benefits.

Which is better, UTF or UTG? ›

UTF - Performance Comparison. In the year-to-date period, UTG achieves a 5.85% return, which is significantly lower than UTF's 10.24% return. Both investments have delivered pretty close results over the past 10 years, with UTG having a 7.47% annualized return and UTF not far behind at 7.30%.

What does Cohen and Steers invest in? ›

Cohen & Steers Global Real Estate Securities invests in a diversified portfolio of REITs and other publicly traded real estate companies around the world.

Who can invest in a closed-end fund? ›

Closed ended funds require lumpsum investment and do not offer a redemption option until maturity. Hence, investors with an investible corpus and an investment horizon in sync with the maturity date of the scheme can opt for closed ended mutual funds.

Can you make money from unit trust? ›

How do unit trusts make money? The trust makes returns by investing in well-performing assets, usually company shares, bonds, property funds, and other assets. The fund will pay out any quarterly or bi-annual returns as either income or growth, and you can usually decide how you want to receive the money.

What does UTF stand for? ›

It can translate any Unicode character to a matching unique binary string, and can also translate the binary string back to a Unicode character. This is the meaning of “UTF”, or “Unicode Transformation Format.”

Is UTG a closed-end fund? ›

The Reaves Utility Income Fund is a publicly listed closed-end fund with an emphasis on paying a high distribution to shareholders through dividends and capital gains generated by the Fund's investments.

Is UTF-8 outdated? ›

No. UTF-8 has been the most common character encoding on the web for at least the past decade. Going back to UTF-16 offers no important benefits and adds complications related to byte order that UTF-8 avoids.

What is the disadvantage of UTF-32? ›

The main disadvantage of UTF-32 is that it is space-inefficient, using four bytes per code point, including 11 bits that are always zero.

Is Cohen and Steers a good investment? ›

As a solid and stable leader in its investment niche, Cohen& Steers earns a Parent rating of Above Average. It's the oldest and largest investment shop focusing on listed real estate, with USD 80 billion in assets under management as of March 31, 2023.

Who is the owner of Cohen and Steers? ›

Robert H. Steers, Executive Chairman of Cohen & Steers, founded the firm with Martin Cohen in 1986 as one of the first investment advisors dedicated to real estate securities.

Is Cohen and Steers a hedge fund? ›

Founded in Q3 of 1986, Cohen & Steers Capital Management was a hedge fund management firm that focused on global real estate securities, listed infrastructure, real assets, large-cap value stocks, and preferred securities.

What is the downside to closed-end funds? ›

Investing in closed-end funds involves risk; principal loss is possible. There is no guarantee a fund's investment objective will be achieved.

Can you make money with closed-end funds? ›

Closed-end funds (“CEFs”) can play an important role in a diversified portfolio as they may offer investors the potential for generating capital growth and income through investment performance and distributions.

Why would you buy a closed-end fund? ›

Closed-end funds (CEFs) can invest in specialized, less liquid corners of the market where open-end funds may not venture, such as alternative securities, real estate, and private placements. They enable individual investors to gain exposure to assets many could not access any other way.

Is UTF leveraged? ›

UTF – basic information

First, unlike most ETFs, such as the Utilities Select Sector SPDR® Fund ETF (XLU), many CEFs are leveraged and UTF is one of the leveraged funds.

What are the 3 major types of investment styles? ›

The major investment styles can be broken down into three dimensions: active vs. passive management, growth vs. value investing, and small cap vs. large cap companies.

What is the DCA method of investing? ›

Dollar-cost averaging involves investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price. By using dollar-cost averaging, investors may lower their average cost per share and reduce the impact of volatility on the their portfolios.

What are the two 2 main types of international investments? ›

foreign direct investment (FDI) – where an investor sets up or buys a company (or a controlling share in a company) in another country, and; portfolio investment – where an investor buys shares in, or debt of, a foreign company without controlling that company.

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