other
confidence high
sentiment neutral
materiality 0.55
Cohen & Steers Income Opportunities REIT introduces five new share classes and caps expenses at 0.50% of net assets
Cohen & Steers Income Opportunities REIT, Inc.
- Advisor caps Specified Expenses at 0.50% of net assets (annualized) until Dec 31, 2026 or NAV reaches $750M.
- Company authorized 3.448 billion total shares; 548 million new shares across Class B, R-I, R-S, M-I, M-S.
- Board adopted a distribution reinvestment plan (DRIP) covering all share classes, superseding prior plans.
- Share repurchase plan amended to include new share classes and updated governance.
- Advisor may recoup waived expenses within three years if Specified Expenses fall below 0.50% cap.
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