<SEC-DOCUMENT>0000891290-14-000005.txt : 20140829
<SEC-HEADER>0000891290-14-000005.hdr.sgml : 20140829
<ACCEPTANCE-DATETIME>20140829135141
ACCESSION NUMBER:		0000891290-14-000005
CONFORMED SUBMISSION TYPE:	NSAR-A
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20140630
FILED AS OF DATE:		20140829
DATE AS OF CHANGE:		20140829
EFFECTIVENESS DATE:		20140829

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COHEN & STEERS TOTAL RETURN REALTY FUND INC
		CENTRAL INDEX KEY:			0000891290
		IRS NUMBER:				133680664
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NSAR-A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07154
		FILM NUMBER:		141074730

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128323232

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COHEN & STEERS OPPORTUNITY TRUST INC
		DATE OF NAME CHANGE:	19930714
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-A
<SEQUENCE>1
<FILENAME>4x10answerfile.fil
<TEXT>
<PAGE>      PAGE  1
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001 A000000 COHEN & STEERS TOTAL RETURN REALTY FUND, INC.
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<PAGE>      PAGE  4
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SIGNATURE   JAMES GIALLANZA
TITLE       TREASURER AND CFO

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77C VOTES
<SEQUENCE>2
<FILENAME>4x10exhibit77c.txt
<TEXT>
Exhibit 77(C):

      On December 10, 2013, the Boards of Directors of the Fund and
Cohen & Steers Dividend Majors Fund ("DVM") approved the
reorganization and merger (the "Merger") of DVM with and into the
Fund in accordance with Maryland General Corporation Law. The purpose
of the transaction was to permit shareholders to pursue substantially similar
investment objectives in a fund that has a focused investment strategy with
similar investment policies and anticipated lower expenses. The Board of
Directors of the Fund called a special meeting of stockholders of the Fund
(the "Meeting") to be held on April 24, 2014. The Meeting was called to vote
on the following proposals:

Proposal 1:	authorizing the issuance of additional shares of the Fund's
common stock in connection with the Merger;
Proposal 2:	amendment to the Fund's charter to authorize the Board of
Directors from time to time to amend the charter to increase or decrease the
number of authorized shares of stock of any class or series without further
action by the stockholders; and
Proposal 3:	approve changes to certain fundamental investment policies of the
Fund, including (A) amending the Fund's fundamental investment policy with
respect to making loans; (B) converting to non-fundamental its current
fundamental investment restriction regarding limits on the Fund's ability to
enter into short sales of securities or maintain short positions; and (C)
converting to non-fundamental its current fundamental investment restriction
regarding the purchase of securities on margin.

On April 24, 2014, the Fund's shareholders approved the issuance of
additional shares of the Fund's common stock in connection with the Merger
(Proposal 1). Stockholders of the Fund also approved Proposals 3(A), 3(B)
and 3(C). Stockholders of the Fund did not approve Proposal 2.

The number of shares voted with respect to each proposal is as follows:

Shares Voted For Shares Voted Against Shares Abstained
Proposal 1  4,348,844.741  279,630.701    222,724.694
Proposal 2  3,496,730.795  1,138,723.393  215,745.948
Proposal 3  3,944,369.593  633,269.903    273,560.640
Proposal 3B 3,981,615.152  621,895.632    247,689.352
Proposal 3C 3,972,305.857  628,993.623    249,900.656

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77M MERGERS
<SEQUENCE>3
<FILENAME>4x10exhibit77m1.txt
<TEXT>
ARTICLES OF TRANSFER

between

COHEN & STEERS DIVIDEND MAJORS FUND, INC.

and

COHEN & STEERS TOTAL RETURN REALTY FUND, INC.

		Cohen & Steers Dividend Majors Fund, Inc., a Maryland corporation (herein
sometimes called "Transferor"), and Cohen & Steers Total Return Realty Fund,
Inc., a Maryland corporation (herein sometimes called "Transferee"), hereby
certify to the State Department of Assessments and Taxation of Maryland that:

		FIRST:	Transferor has agreed to sell and transfer all of its property and
assets to Transferee.

		SECOND:	The names of the corporations party to these Articles of Transfer
are Cohen & Steers Dividend Majors Fund, Inc. and Cohen & Steers Total Return
Realty Fund, Inc. Both corporations are organized and existing under the laws
of the State of Maryland.

		THIRD:	The principal office of Transferor in Maryland is located in
Baltimore City, Maryland.  The principal office of Transferee in Maryland is
located in Baltimore City, Maryland.  Transferor does not own any interest in
land in the State of Maryland.

		FOURTH:	The address and principal place of business of Transferee are 280
Park Avenue, New York, New York  10017.

		FIFTH:	The nature and amount of the consideration to be paid, transferred
or issued by Transferee for the property and assets of Transferor are as
follows:

				Transferee will:

				(a)	assume all of the liabilities of Transferor;

				(b)	subject to (c) below, issue to Transferor, for subsequent
distribution to the stockholders of Transferor in actual or constructive
exchange for the shares of common stock, par value $0.001 per share, of
Transferor held by its stockholders, the number of shares of Transferee's
common stock, par value $0.001 per share, having an aggregate net asset value
equal to the value of the properties and assets of the Transferor
attributable to common shares of the Transferor less the value of the
liabilities attributable to such shares assumed by the Transferee, all
determined and computed as of the Effective Time by State Street Bank and
Trust Company ("Custodian").

				(c)	No fractional shares of common stock of Transferee will be
distributed to the stockholders of Transferor.  In lieu thereof, Custodian
will aggregate all fractional shares of Transferee common stock otherwise
distributable to the stockholders of Transferor and sell the resulting full
shares of Transferee common stock on the New York Stock Exchange at the then
current market price for such shares for the account of each Transferor
stockholder entitled to receive such fractional shares of Transferee common
stock, and each such stockholder will receive his pro rata share of the
proceeds of such sale without interest.

				(d)	The foregoing terms, together with related terms and
conditions, are further set forth in the Agreement and Plan of
Reorganization, dated as of December 10, 2013, between Transferor and
Transferee.

		SIXTH:	(a)	The Board of Directors of Transferor at a meeting duly called
and held on December 10, 2013, adopted resolutions declaring that the
transaction set forth in these Articles of Transfer (the "Reorganization") is
advisable and directing that the Reorganization be submitted for action
thereon by the stockholders of Transferor at a special stockholders meeting.
The Reorganization was approved by the stockholders of Transferor at a
special meeting duly called for such purpose and convened on April 24, 2014
by at least the affirmative vote of the holders of a majority of the
outstanding shares of common stock of the Transferor.  By such actions, the
terms and conditions of the Reorganization were duly advised by the Board of
Directors and authorized and approved by the stockholders of Transferor in
the manner and by the vote required by the laws of Maryland and Transferor's
Charter.

				(b)	The Board of Directors of Transferee, at a meeting duly called and
held on December 10, 2013, adopted resolutions approving the Reorganization
and directing that the issuance of shares in the Reorganization be submitted
for action by the stockholders of Transferee at a special stockholders
meeting.  The stockholders of Transferee approved the issuance of shares of
the Transferee in connection with the Reorganization at a meeting duly called
for such purpose and convened on April 24, 2014, by at least the vote
required by the listing rules of the New York Stock Exchange.  By such
actions, the terms and conditions of the Reorganization were duly advised by
the Board of Directors and authorized and approved by the stockholders of
Transferee in the manner and by the vote required by the laws of Maryland,
the Transferee's Charter, and the rules of the New York Stock Exchange.

		SEVENTH:	These Articles of Transfer will become effective in accordance
with the laws of the State of Maryland at 5:00 p.m., Eastern time, on June
13, 2014 (the "Effective Time").

		EIGHTH:	These Articles of Transfer may be executed in counterparts.  All
counterparts shall collectively constitute the Articles of Transfer.

		IN WITNESS WHEREOF, Transferor and Transferee each caused these Articles
to be signed in its respective corporate name and on its behalf by its
President and attested by its Assistant Secretary as of the 9th day of June,
2014, and each officer signing or attesting this document below on behalf of
Transferor and Transferee, respectively, acknowledges it to be the corporate
act of Transferor and Transferee, respectively, and states that, to the best
of his/her knowledge, information and belief, all matters and facts set forth
herein with respect to the authorization and approval by Transferor and
Transferee, respectively, of the transaction provided for in these Articles
are true in all material respects and that this statement is made under the
penalties for perjury.


ATTEST:						COHEN & STEERS TOTAL
							RETURN REALTY FUND, INC.


/s/ Tina M. Payne___					By: /s/ Adam M._Derechin (SEAL)
Tina M. Payne	   				      	      Adam Derechin
Assistant Secretary					      President



ATTEST:						COHEN & STEERS DIVIDEND

         MAJORS FUND, INC.


/s/ Tina M. Payne___					By: /s/ Adam M._Derechin (SEAL)
Tine M. Payne					                  Adam Derechin
Assistant Secretary					      President


- 2 -


Exhibit 77(M)(1)

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77M MERGERS
<SEQUENCE>4
<FILENAME>4x10exhibit77m2.txt
<TEXT>
Exhibit 77(M)(2)

      On December 10, 2013, the Boards of Directors of the Fund and Cohen &
Steers Dividend Majors Fund ("DVM") approved the reorganization and merger of
DVM with and into the Fund in accordance with Maryland General Corporation
Law. The purpose of the transaction was to permit shareholders to pursue
substantially similar investment objectives in a fund that has a focused
investment strategy with similar investment policies and anticipated lower
expenses.  The transaction was structured as a tax free reorganization under
the Internal Revenue Code. On April 24, 2014, DVM's shareholders approved the
reorganization and merger. Also on April 24, 2014, the Fund's shareholders
approved the issuance of additional shares of the Fund's common stock in
connection with the reorganization and merger with DVM.

      After the close of business on June 13, 2014, the Fund acquired
substantially all of the assets and liabilities of DVM with the investment
portfolio constituting the principal asset. The investment portfolio of DVM,
with a fair value of $218,242,458 and identified cost of $164,710,615 as of
the date of the reorganization, was the principal asset acquired by the Fund.
The acquisition was accomplished by a tax-free exchange of 12,580,987 shares
worth $221,713,619 (including $19,268 paid in cash in lieu of fractional
shares) of DVM for 16,550,351 shares of the Fund. The net assets of DVM and
the Fund immediately before the acquisition were $221,713,619 (including
$54,071,842 of net unrealized appreciation) and $128,424,578, respectively.
The combined net assets of the Fund immediately following the acquisition
were $350,138,197. For financial reporting purposes, assets received and
shares issued by the Fund were recorded at fair value; however the cost basis
of the investments received from DVM was carried forward to align ongoing
reporting of the Fund's realized and unrealized gains and losses with amounts
distributable to shareholders for tax purposes.

      Merger related expenses, which were borne by the Fund were
approximately $312,500, of which $122,283 were borne by the Fund and $190,217
were borne by DVM.

- 3 -




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
