COHEN & STEERS INFRASTRUCTURE FUND INC (UTF)
The Cohen & Steers Infrastructure Fund, Inc. functions as a closed-end equity investment vehicle, initially established by Cohen & Steers, Inc. and currently overseen by Cohen & Steers Capital Management, Inc. This U.S.-based fund, which commenced operations on January 8, 2004, allocates capital to publicly traded equities within the United States. Its core strategy involves acquiring value stocks from infrastructure companies, irrespective of their market capitalization. Investment decisions are guided by a thorough process of fundamental analysis. For evaluating its performance, the fund's portfolio is measured against a blended benchmark, consisting of 80% of the FTSE Global Core Infrastructure 50/50 Net Tax Index (FTSE 50/50) and 20% of the BofA Merrill Lynch Fixed-Rate Preferred Securities Index. The fund was formerly identified as Cohen & Steers Select Utility Fund, Inc.
Industry: Asset Management
Cohen & Steers Infrastructure Fund, Inc
NYSE:UTFFinancial Services · Asset Management
-0.08%$26.09
AH Close$26.09+0.00%vs close
AH Close$26.09+0.00%vs close
Mkt Cap$2.92B
Float96.75M
O/S111.81M
Inst Own20.8%
SI0.3%
Div Yield7.40%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$248.52M
Net Income$383.38M
Total Assets$4.08B
Free Cash Flow$60.22M
Debt & Equity
Debt 30%
Equity 70%
Total Debt$1.21B
Total Equity$2.86B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in UTF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.08B
Liabilities$1.22B
Accounts Receivable$17.77M
Accounts Payable$5.37M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $248.52M | $138.64M | $131.79M | $174.94M | $106.87M | $192.9M | $645.16M | -$119.77M | $455.5M | $208.63M | $250.31M | $106.51M | $95.27M | $105.81M |
| YoY Growth | 79.3% | 5.2% | -24.7% | 63.7% | -44.6% | -70.1% | -638.7% | -126.3% | 118.3% | -16.7% | 135.0% | 11.8% | -10.0% | - |
| Cost of Revenue | $33.64M | $0 | $56.86M | $27.34M | $21.37M | $29.56M | $29.42M | $27.85M | $27.88M | $26.36M | $27.69M | $0 | $0 | $0 |
| Gross Profit | $214.88M | $138.64M | $125.88M | $108.53M | $106.87M | $163.34M | $615.74M | -$147.61M | $427.62M | $182.27M | $222.62M | $106.51M | $95.27M | $105.81M |
| Gross Margin | 86.5% | 100.0% | 95.5% | 62.0% | 100.0% | 84.7% | 95.4% | 123.3% | 93.9% | 87.4% | 88.9% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $4.07M | $31.6M | $30.57M | $3.95M | $4.23M | $3.88M | $3.73M | $3.76M | $3.28M | $26.97M | $28.56M | $28.8M | $27M | $23.75M |
| Other | -$224.29M | $0 | -$32.7M | $22K | $23K | $26.21M | $21K | $26K | $25K | $0 | -$375.28M | $0 | $0 | $0 |
| Total Operating Expenses | -$220.21M | $31.6M | -$2.14M | $3.97M | $4.25M | $30.09M | $3.75M | $3.79M | $3.3M | $69M | $375.28M | $238.9M | $287.86M | $268.55M |
| Operating Income (EBIT) | $435.1M | $331.83M | $95.31M | -$168.87M | $539.78M | -$91.26M | $641.11M | -$101.97M | $469.42M | $170.95M | -$152.65M | $77.71M | $68.27M | $82.06M |
| Operating Margin | 175.1% | 239.4% | 72.3% | -96.5% | 505.1% | -47.3% | 99.4% | 85.1% | 103.1% | 81.9% | -61.0% | 73.0% | 71.7% | 77.6% |
| Interest Expense | $51.54M | $56.48M | $56.86M | $27.34M | $21.37M | $26.3M | $25.37M | $21.58M | $17.23M | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $145.79M | $28.77M | $24.38M | $18.81M | $16.75M | $17.44M | $16.06M | $15.95M | $18.53M | $16.42M | $15.99M | $15.93M | $15.47M | $16.36M |
| Other Income (Expense) | -$51.72M | -$57.56M | -$65.06M | -$26.96M | -$21.78M | -$25.9M | $0 | $27.85M | $377.5M | -$16.19M | -$243.52M | $251.77M | $299.39M | $275.94M |
| Income Before Tax (EBT) | $383.38M | $274.27M | $36.16M | -$196.21M | $518M | -$117.16M | $641.11M | -$123.55M | $452.19M | $154.75M | -$169.8M | $329.47M | $367.66M | $358M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | $74.7M | $0 | $73.72M | $0 | $0 | $0 |
| Net Income | $383.38M | $274.27M | $36.16M | -$196.21M | $518M | -$117.16M | $641.11M | -$123.55M | $452.19M | $154.75M | -$169.8M | $329.47M | $367.66M | $358M |
| Net Income Margin | 154.3% | 197.8% | 27.4% | -112.2% | 484.7% | -60.7% | 99.4% | 103.2% | 99.3% | 74.2% | -67.8% | 309.3% | 385.9% | 338.3% |
| Supplementary Data | ||||||||||||||
| EPS | 3.96 | 2.84 | 0.38 | -2.06 | 5.51 | -1.25 | 7.51 | -1.45 | 5.30 | 1.81 | -1.99 | 3.85 | 4.29 | 4.16 |
| Diluted EPS | 3.96 | 2.84 | 0.38 | -2.06 | 5.46 | -1.25 | 7.51 | -1.45 | 5.30 | 1.81 | -1.99 | 3.85 | 4.29 | 4.16 |
| Weighted Average OS | 96.81M | 96.61M | 95.16M | 95.25M | 94.01M | 93.59M | 85.37M | 85.21M | 85.32M | 85.32M | 85.32M | 85.69M | 85.69M | 85.97M |
| EBITDA | $434.92M | $331.83M | $91.61M | -$169.25M | $539.78M | -$91.26M | $666.49M | -$253.37M | $469.42M | $154.47M | -$168.95M | $329.95M | $68.27M | $0 |
| EBITDA Margin | 175.0% | 239.4% | 69.5% | -96.7% | 505.1% | -47.3% | 103.3% | 211.6% | 103.1% | 74.0% | -67.5% | 309.8% | 71.7% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $10.02M | $1.36M | $1.56M | $2.15M | $1.26M | $1.32M | $573K | $1.19M | $7.49M | $54.83M | $21.6M | $21.7M | $7.64M | $1.6M |
| Short-Term Investments | $16.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.49M | $54.7M | $19.2M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $26.67M | $1.36M | $1.56M | $2.15M | $1.26M | $596K | $573K | $1.19M | $25.98M | $109.53M | $40.8M | $21.7M | $7.64M | $1.6M |
| Accounts Receivable | $17.77M | $14.66M | $16.49M | $14.02M | $10.05M | $44.48M | $13.51M | $17.81M | $13.24M | $13.46M | $11.7M | $16.9M | $18.38M | $15.69M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $58.96M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$14.66M | $14.7M | -$1.26M | -$819K | -$45.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $44.44M | $1.36M | $32.76M | $14.91M | $10.49M | $0 | $14.09M | $18.99M | $13.24M | $68.29M | $33.3M | $38.6M | $26.03M | $17.29M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $4.04B | $3.24B | $3.13B | $3.26B | $3.62B | $3.15B | $3.44B | $2.74B | $3.05B | $189.86M | $2.7B | $487.22M | $328.69M | $187.37M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3K | $0 | $14.91M | $0 | $0 | $0 | $0 | -$2.74B | -$3.05B | $2.51B | $19.31M | $2.54B | $2.51B | -$187.37M |
| Total Long-Term Assets | $4.04B | $3.24B | $3.15B | $3.26B | $3.62B | $3.15B | $3.44B | $2.74B | $3.05B | $2.7B | $2.72B | $3.03B | $2.84B | $187.37M |
| Other Assets | $0 | $24.53M | -$2.01B | $19.53M | $16.19M | $3.2B | $3.31M | $37K | $592K | $0 | $0 | $0 | $0 | $2.37B |
| Total Assets | $4.08B | $3.27B | $3.17B | $3.3B | $3.64B | $3.2B | $3.46B | $2.76B | $3.06B | $2.77B | $2.75B | $3.07B | $2.87B | $2.58B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $5.37M | $5.79M | $1.17M | $5.41M | $1.76M | $39.93M | $8.3M | $20.73M | $31.31M | $0 | $2.37M | $2.45M | $5.04M | $320K |
| Short-Term Debt | $0 | $950M | $950M | $950M | $950M | $850M | $0 | $0 | $0 | $850M | $850M | $850M | $850M | $0 |
| Current Income Tax Payable | $0 | $4.01M | $3.24M | $2.01M | $996K | $1.47M | $2.64M | $1.47M | $1.97M | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$944.59M | -$948.24M | -$810.07M | -$841.7M | -$829.27M | -$818.69M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$956.56M | -$937.95M | -$9.99M | -$5.49M | -$43.83M | $836.56M | -$24.37M | -$35.63M | $37.33M | $1.95M | $1.6M | $1.6M | $804.17M |
| Total Current Liabilities | $11.16M | $5.79M | $13.21M | $5.41M | $1.76M | $39.93M | $8.3M | $20.73M | $31.31M | $889.53M | $856.48M | $856.45M | $858.85M | $804.49M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $1.21B | $950M | $950M | $950M | $950M | $850M | $0 | $0 | $0 | $850M | $850M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $815K | $7.36M | $6.72M | $5.83M | $5.69M | $0 | $0 | $0 | $0 | -$849.38M | -$849.57M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.21B | $957.36M | $956.72M | $955.83M | $955.69M | $850M | $850M | $850M | $850M | $890.14M | $856.91M | $0 | $0 | $0 |
| Other Liabilities | $0 | $963.15M | $950M | $950.42M | $953.93M | $894.7M | $6.09M | $4.01M | $4.83M | -$889.53M | -$856.48M | $0 | $0 | $0 |
| Total Liabilities | $1.22B | $963.15M | $963.73M | $961.24M | $957.45M | $894.7M | $864.39M | $874.74M | $886.13M | $890.14M | $856.91M | $856.45M | $858.85M | $804.49M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.09B | $1.73B | $1.72B | $1.74B | $1.72B | $1.68B | $1.68B | $1.48B | $1.48B | $1.48B | $1.48B | $1.48B | $1.48B | $1.5B |
| Retained Earnings | $771.55M | $576.09M | $481.57M | $591.89M | $964.08M | $620.98M | $912.32M | $406.15M | $889K | -$552K | $27.83M | $726.52M | $524.67M | $266.89M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $699.63M | $400.67M | $391.67M | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $699.63M | $400.67M | $391.67M | $0 | $0 | $0 |
| Total Equity | $2.86B | $2.31B | $2.2B | $2.33B | $2.69B | $2.3B | $2.59B | $1.88B | $2.18B | $1.88B | $1.9B | $2.21B | $2.01B | $1.77B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.08B | $3.27B | $3.17B | $3.3B | $3.64B | $3.2B | $3.46B | $2.76B | $3.06B | $2.77B | $2.75B | $3.07B | $2.87B | $2.57B |
| Supplementary Data | ||||||||||||||
| Total Debt | $1.21B | $950M | $950M | $950M | $950M | $850M | $850M | $850M | $850M | $850M | $850M | $850M | $850M | $0 |
| Net Debt | $1.2B | -$1.36M | $948.44M | $949.11M | $949.56M | $849.4M | $849.43M | $848.81M | $842.51M | $795.17M | $828.4M | $828.3M | $842.36M | -$1.6M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $383.38M | $274.27M | $36.16M | -$196.21M | $518M | -$117.16M | $641.11M | -$123.55M | $452.19M | $154.75M | -$169.8M | $329.47M | $367.66M | $358M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$200K | -$184K | -$911K | -$3.98M | -$652K | $2.33M | -$2.33M | $2.79M | $703K | -$629K | -$2.48M | $2.18M | $1.52M | -$1.19M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.12M | -$169K | $842K | $1.79M | $467K | -$345K | $2.35M | $2.52M | $974K | -$401K | -$2.69M | $239K | -$817K | $0 |
| Total Working Capital Change | -$1.32M | -$353K | -$69K | -$2.19M | -$185K | $1.98M | $25K | $2.52M | $974K | -$401K | -$2.69M | $2.42M | $703K | -$1.19M |
| Other Non-Cash Items | -$321.84M | -$105.36M | $125.11M | $356.6M | -$470.75M | $290.59M | -$479.22M | $286.98M | -$326.42M | -$95M | $227.12M | -$191.02M | -$282.48M | -$237.37M |
| Net Cash from Operating | $60.22M | $168.56M | $161.21M | $158.2M | $47.07M | $175.41M | $161.92M | $165.95M | $126.75M | $59.35M | $54.63M | $140.88M | $85.88M | $120.63M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$1.23B | -$1.03B | -$1.23B | -$1.27B | -$1.6B | -$1.62B | -$1.26B | -$1.06B | -$1.32B | -$1.4B | -$1.69B | $0 | $0 | $0 |
| Sales of Investments | $740.37M | $1.13B | $1.27B | $1.33B | $1.61B | $1.72B | $1.39B | $1.2B | $1.35B | $1.55B | $1.78B | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$102.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$493.1M | $102.48M | $45.59M | $53.82M | $5.8M | $99.3M | $128.22M | $139.84M | $33.03M | $147.54M | $89.96M | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$260M | - | - | - | -$100M | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $353.18M | $0 | $9.17M | $17.54M | $31.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$178.83M | -$173.61M | -$175.57M | -$171.52M | -$168.25M | -$172.28M | -$170M | -$172.25M | -$174.09M | -$138.17M | -$136.34M | -$126.82M | -$124.17M | -$125.22M |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $10.82M | $0 | $0 | $0 | -$8.34M | $0 | $44.33M | $0 |
| Net Cash from Financing | $434.35M | -$173.61M | -$166.4M | -$153.98M | -$36.88M | -$172.28M | -$159.18M | -$172.25M | -$174.09M | -$138.17M | -$144.68M | -$126.82M | -$79.84M | -$125.22M |
| Forex Effect | -$2.66M | -$2.64M | $73.79M | -$53.82M | -$5.8M | -$99.3M | -$128.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.19M | -$5.05M | -$5.2M | $4.22M | $10.19M | $3.13M | $2.74M | -$6.3M | -$47.34M | $33.23M | -$99K | $14.06M | $6.04M | -$4.6M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $60.22M | $168.56M | $161.21M | $158.2M | $47.07M | $175.41M | $161.92M | $165.95M | $126.75M | $59.35M | $54.63M | $140.88M | $85.88M | $120.63M |
| Capital Expenditure | $4 | $0 | $0 | $4 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $60.22M | $168.56M | $161.21M | $158.2M | $47.07M | $175.41M | $161.92M | $165.95M | $126.75M | $59.35M | $54.63M | $140.88M | $85.88M | $120.63M |
| Cash at Beginning | $11.21M | $16.26M | $21.46M | $17.25M | $7.05M | $3.93M | $1.19M | $7.49M | $54.83M | $21.6M | $21.7M | $7.64M | $1.6M | $6.2M |
| Cash at End | $10.02M | $11.21M | $16.26M | $21.46M | $17.25M | $7.05M | $3.93M | $1.19M | $7.49M | $54.83M | $21.6M | $21.7M | $7.64M | $1.6M |