UTF: Market Jitters Continue To Blast This CEF Higher [Seeking Alpha]
Cohen & Steers Infrastructure Fund, Inc (UTF)
US:NYSE Investor Relations:
en.wikipedia.org/wiki/cohen_(surname)
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Source: Seeking Alpha
UTF: Market Jitters Continue To Blast This CEF Higher Summary UTF has had incredible performance in 2019, with its share price showing a return of 31.47% and its NAV returning 23.59%. The huge market return has eclipsed the NAV returning, leading to a sharp narrowing of the fund's discount, currently at 4.16%. Even with the narrowing discount, it is not too far off from its 1-year average sitting at 5.71%, still giving potential investors a chance to snag up some shares. On June 11th, UTF and INB Boards of Directors announced they have approved the funds for a merger. Cohen & Steers Infrastructure Fund ( May's weak jobs report" record drop in Morgan Stanley gauge" "China's May industrial hitting 17-year lows And, you know what UTF has been doing? That's right. It has been hitting 52-week highs. Source - CEFconnect Performance The performance of UTF has been quite spectacular. The fund has a market return of 31.47% and an NAV return of 23.59% YTD. This has more than made up for last ye
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