Company: RNP
Filing Date: 2025-03-07
Form Type: N-CSR
Source: 0001193125-25-049819
Chunk: 45

Company: COHEN & STEERS REIT & PREFERRED & INCOME FUND INC
Filing Date: 2025-03-07
Form: N-CSR
Chunk 45
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                      |     |   |   (35,901,780 | ) |
| Net unrealized appreciation (depreciation) on investments         |     | $ |   195,442,400 |   |
| Undistributed ordinary income                                     |     | $ |     7,813,864 |   |

47

C OHEN& S TEERSREIT ANDP REFERRED ANDI NCOMEF UND, I NC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

During the year ended December 31, 2024, the Fund utilized net capital loss carryforwards of $29,097,995.

As of December 31, 2024, the Fund has a net capital loss carryforward of $15,748,656 which may be used to offset future capital gains. The loss is comprised of $15,748,656 of long-term capital loss carryover, which under current federal income tax rules, may offset capital gains recognized in any future period.

As of December 31, 2024, the Fund had temporary book/tax differences primarily attributable to wash sales on portfolio securities, certain REIT dividends and certain fixed income securities and permanent book/tax differences primarily attributable to certain fixed income securities and the REIT subsidiary. To reflect reclassifications arising from the permanent differences, paid-incapital was credited $944,049 and total distributable earnings/(accumulated loss) was charged $944,049. Net assets were not affected by this reclassification.

Note 7. Series A Cumulative Preferred Stock

On January 27, 2022, the Fund’s wholly-owned REIT Subsidiary completed a private placement of 125 shares of 12.0% Series A Cumulative Non-VotingPreferred Stock (the Preferred Stock) for aggregate gross proceeds of $125,000. The Preferred Stock has a liquidation preference of $1,000 per share plus an amount equal to accrued but unpaid dividends (the Liquidation Preference). The Preferred Stock dividends are cumulative at a rate of 12.0% per annum and are redeemable under certain conditions by the REIT Subsidiary or subject to mandatory redemption upon default of certain coverage requirements at a redemption price equal to the Liquidation Preference.

Note 8. Capital Stock

The Fund is authorized to issue 100 million shares of common stock at a par value of $0.001 per share.

During the year ended December 31, 2024, the Fund issued