Cohen & Steers Funds Add Two New Independent Directors
November 05 2004 - 12:37PM
PR Newswire (US)
Cohen & Steers Funds Add Two New Independent Directors NEW
YORK, Nov. 5 /PRNewswire-FirstCall/ -- Richard E. Kroon and C.
Edward Ward, Jr. have been elected to the board of directors of
each of the following closed-end mutual funds: Cohen & Steers
Advantage Income Realty Fund, Inc. (NYSE:RLF) Cohen & Steers
Premium Income Realty Fund, Inc. (NYSE:RPF) Cohen & Steers
Quality Income Realty Fund, Inc. (NYSE:RQI) Cohen & Steers REIT
and Preferred Income Fund, Inc. (NYSE:RNP) Cohen & Steers REIT
and Utility Income Fund, Inc. (NYSE:RTU) Cohen & Steers Select
Utility Fund, Inc. (NYSE:UTF) Cohen & Steers Total Return
Realty Fund, Inc. (NYSE:RFI) Mr. Kroon and Mr. Ward also have been
elected to the board of directors of each of the following open-end
mutual funds: Cohen & Steers Institutional Realty Shares, Inc.
(NASDAQ:CSRIX) Cohen & Steers Realty Focus Fund, Inc.
(NASDAQ:CSFAX) Cohen & Steers Realty Income Fund, Inc.
(NASDAQ:CSEIX) Cohen & Steers Realty Shares, Inc.
(NASDAQ:CSRSX) Cohen & Steers Utility Fund, Inc. (NASDAQ:CSUAX)
Mr. Kroon is also a board member of Finlay Enterprises, Inc. He was
formerly chairman and managing partner of the Sprout Group Venture
Capital Fund, the venture capital affiliate of Donaldson Lufkin
& Jenrette. Mr. Ward recently retired as head of closed-end
fund listings for the New York Stock Exchange. With the election of
Mr. Kroon and Mr. Ward, there are now nine directors on the board
of each Cohen & Steers mutual fund, seven of whom are
independent directors. Each fund is advised by Cohen & Steers
Capital Management, Inc., a wholly owned subsidiary of Cohen &
Steers, Inc., a publicly traded company whose common stock is
listed on the New York Stock Exchange under the symbol "CNS."
DATASOURCE: Cohen & Steers Capital Management, Inc. CONTACT:
Lawrence B. Stoller, Senior Vice President and General Counsel of
Cohen & Steers Capital Management, Inc., +1-212-832-3232 Web
site: http://www.cohenandsteers.com/
Copyright