Cohen & Steers Infrastructure Fund, Inc

Frequently Asked Questions About UTF

What does UTF invest in?

The Cohen & Steers Infrastructure Fund, Inc. functions as a closed-end equity investment vehicle, initially established by Cohen & Steers, Inc. and currently overseen by Cohen & Steers Capital Management, Inc. This U.S.-based fund, which commenced operations on January 8, 2004, allocates capital to publicly traded equities within the United States. Its core strategy involves acquiring value stocks from infrastructure companies, irrespective of their market capitalization. Investment decisions are guided by a thorough process of fundamental analysis. For evaluating its performance, the fund's portfolio is measured against a blended benchmark, consisting of 80% of the FTSE Global Core Infrastructure 50/50 Net Tax Index (FTSE 50/50) and 20% of the BofA Merrill Lynch Fixed-Rate Preferred Securities Index. The fund was formerly identified as Cohen & Steers Select Utility Fund, Inc.

What is the expense ratio of UTF?

Cohen & Steers Infrastructure Fund, Inc (UTF) charges an expense ratio of 3.43%. This is the annual fee deducted from fund assets to cover management and operations.

How big is UTF?

Cohen & Steers Infrastructure Fund, Inc (UTF) manages $2.69B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is UTF actively managed or an index fund?

UTF is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (UTF's is 3.43%) because there's no security selection cost.

When was UTF launched?

Cohen & Steers Infrastructure Fund, Inc (UTF) launched in March 2004 and is managed by the fund issuer.

How has UTF performed?

UTF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.