Cohen & Steers Select Utility Fund Announces New Record and Stockholder Meeting Dates
10 Diciembre 2009 - 6:14PM
PR Newswire (US)
NEW YORK, Dec. 10 /PRNewswire-FirstCall/ -- The board of directors
of Cohen & Steers Select Utility Fund, Inc. (NYSE:UTF) has
determined that the merger of UTF with Cohen & Steers REIT and
Utility Income Fund, Inc. (NYSE: RTU) remains in the best interest
of stockholders and has set new record and adjourned meeting dates
of December 17, 2009 and February 26, 2010, respectively. The
merger, if approved, is expected to occur in the first quarter of
2010. On November 24, 2009, stockholders of UTF approved expanding
UTF's investment objective to include global infrastructure
securities. UTF will change its name to Cohen & Steers
Infrastructure Fund, Inc. and its benchmark to the UBS Global 50/50
Infrastructure & Utilities Index. These changes, along with the
transition of UTF's portfolio to investments in global
infrastructure securities, will be effective January 1, 2010. About
Cohen & Steers Cohen & Steers is a manager of
income-oriented equity portfolios specializing in U.S. and
international real estate securities, large cap value stocks,
listed infrastructure and utilities, and preferred securities. The
company also manages alternative investment strategies such as
hedged real estate securities portfolios and private real estate
multi-manager strategies for qualified investors. Headquartered in
New York City, with offices in London, Brussels, Hong Kong and
Seattle, Cohen & Steers serves individual and institutional
investors through a broad range of investment vehicles. DATASOURCE:
Cohen & Steers CONTACT: Francis C. Poli, Executive Vice
President, General Counsel. Cohen & Steers, Inc.,
+1-212-446-9112
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