Cohen & Steers Qual Inc Realty:RQI

    Manage Alerts

    Overview

    As of 4/11/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$11.45$11.98-4.42%
    52 Wk Avg$11.33$12.14-6.67%
    52 Wk High$12.64$13.22-3.52%
    52 Wk Low$9.17$10.16-10.21%
    Regular Distribution TypeIncome Only
    Distribution Rate8.38%
    Distribution Amount$0.0800
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is high current income through investment in real estate securities. Capital appreciation is a secondary investment objective.Under normal market conditions, at least 80% of the Fund's total assets are invested in income-producing common stocks and other securities issued by real estate companies, such as real estate investment trusts (REITs). Real estate securities include common stocks, preferred stocks, and other equity and debt securities issued by real estate companies, including REITs and similar REIT-like entities.

    Capital Structure

    As of 4/11/2024

    Total Investment Exposure:$2,320.614M
    Total Common Assets:$1,610.489M
    Common Shares Outstanding:134,431,441
    Leverage

    As of 4/11/2024

    Preferred Share Assets:
    Total Debt (USD): $710.125M
    Regulatory Leverage (USD): $710.125M
    Effective Leverage (USD): $710.125M
    Effective Leverage (%): 30.60%
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.21%
    Other Expenses:0.21%
    Baseline Expense: N/A
    Interest Expense:2.57%
    Total: 3.99%
    Fund Management

    Fund Sponsor
    Cohen & Steers

    Portfolio Managers
    Jason Yablon, Mathew Kirschner, William F. Scapell

    Basics
    Category: Equity-Real Estate
    Ticker: RQI
    NAV Ticker: XRQIX
    Average Daily Volume (shares): 415,670
    Average Daily Volume (USD): $4.668M
    Inception Date: 2/28/2002
    Inception Share Price: $15.00
    Inception NAV: $14.57
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 4/11/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2023
    $0.1151
    Annualized Distribution Rate on NAV:
    As of 4/11/2024
    8.01%
    Total Return on NAV (12 months):
    As of 4/11/2024
    11.09%
    Avg. Portfolio Coupon:
    As of 4/11/2024
    5.66%
    Total % Portfolio Effectively Leveraged:
    As of 4/11/2024
    30.60%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 4/12/2024

    PeriodAvg Discount
    6 Month-6.54%
    1 Year-6.67%
    3 Year-4.22%
    5 Year-4.69%
    Z-Score

    As of 4/11/2024

    PeriodZStat
    3 Month1.54
    6 Month1.30
    1 Year1.67
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2024
    Category: Morningstar US CEF Real Estate

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD0.72%-0.81%5.61%0.73%
    202315.69%15.11%10.81%11.93%
    2022-31.03%-26.94%-30.98%-28.27%
    202156.66%47.66%45.52%35.15%
    2020-9.22%-3.91%-14.13%-8.26%
    201953.91%34.94%43.15%30.78%
    2018-11.10%-6.83%-12.56%-7.65%
    201711.75%8.69%17.56%11.91%
    20167.90%6.85%8.87%7.00%
    20158.84%6.83%-0.08%0.88%
    201437.58%36.73%26.62%25.47%
    2013-0.04%2.89%-0.71%3.70%
    201228.70%23.15%31.34%25.16%
    20116.12%6.67%  
    201053.05%36.69%  
    200980.59%53.31%  
    2008-68.43%-59.31%  
    2007-30.33%-27.96%  
    200651.22%39.26%  
    20057.06%7.41%  
    200425.43%31.62%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 3/31/2024
    Category: Morningstar US CEF Real Estate

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 4/11/2024
    5.66%
    Number of Holdings:
    As of 12/31/2023
    191
    Annual Portfolio Turnover:
    As of 12/31/2023
    20.00%
    Average Bond Price:
    As of 12/31/2023
    $97.39
    Asset Allocation

    As of 12/31/2023

    Top Sectors

    As of 12/31/2023

    Sector%Portfolio
    Real Estate77.95%
    Cyclical (Super Sector)77.95%
    Corporate (Super Sector)17.93%
    Preferred Stock11.72%
    Corporate Bond6.21%
    Government (Super Sector)1.69%
    Government Related1.69%
    Cash Equivalents0.43%
    Cash Equivalents (Super Sector)0.43%
    Top Holdings

    As of 12/31/2023

    HoldingValue% Portfolio
    American Tower Corp$249.51M10.15%
    B5883331s Irs Usd R V 09msofr Ccpois Sofr +0.11448$200.00M8.14%
    B5885828s Irs Usd R V 09msofr Ccpois Sofr +0.11448$190.00M7.73%
    Prologis Inc$166.98M6.79%
    Welltower Inc$146.29M5.95%
    Simon Property Group Inc$121.28M4.93%
    B5886702s Irs Usd R V 09msofr Ccpois Sofr +0.11448$115.00M4.68%
    Invitation Homes Inc$114.41M4.65%
    B5885828s Irs Usd P F 1.23700$-173.68M-7.06%
    B5883331s Irs Usd P F .66950$-187.98M-7.65%
    Credit Quality

    As of 12/31/2023

    Maturity Breakdown

    As of 12/31/2023

    Country Allocation

    As of 12/31/2023

    Country% Portfolio
    United States - Equity77.92%
    United States - Fixed Income2.62%
    United Kingdom - Fixed Income1.32%
    France - Fixed Income0.98%
    Canada - Fixed Income0.61%
    Australia - Fixed Income0.38%
    Netherlands - Fixed Income0.27%
    Switzerland - Fixed Income0.18%
    Spain - Fixed Income0.16%
    Germany - Fixed Income0.13%
    Italy - Fixed Income0.08%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W