Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) to Issue Monthly Dividend of $0.09 on August 31st

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) declared a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, August 11th will be paid a dividend of 0.087 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, August 11th.

Cohen & Steers Closed-End Opportunity Fund Trading Up 0.8%

NYSE FOF opened at $13.68 on Friday. Cohen & Steers Closed-End Opportunity Fund has a 12 month low of $12.50 and a 12 month high of $15.04. The company’s 50 day simple moving average is $13.65 and its 200 day simple moving average is $13.76.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Kapstone Financial Advisors LLC boosted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 3.7% during the 4th quarter. Kapstone Financial Advisors LLC now owns 21,390 shares of the company’s stock worth $282,000 after acquiring an additional 770 shares in the last quarter. Principal Securities Inc. raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 7.6% during the fourth quarter. Principal Securities Inc. now owns 11,080 shares of the company’s stock worth $146,000 after purchasing an additional 787 shares during the period. Kestra Advisory Services LLC raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 2.9% during the first quarter. Kestra Advisory Services LLC now owns 33,876 shares of the company’s stock worth $435,000 after purchasing an additional 966 shares during the period. UBS Group AG lifted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 0.6% during the third quarter. UBS Group AG now owns 244,605 shares of the company’s stock valued at $3,190,000 after purchasing an additional 1,347 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 7.3% during the fourth quarter. Wedbush Securities Inc. now owns 24,346 shares of the company’s stock valued at $321,000 after purchasing an additional 1,652 shares during the last quarter.

About Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) is a diversified, closed-end management investment company that seeks total return through a portfolio of publicly traded closed-end funds. The fund primarily targets taxable closed-end vehicles spanning equity, fixed income, and real estate investment strategies, aiming to capture discounts to net asset value and generate competitive current income over a full market cycle.

FOF’s investment approach combines sector allocation and relative-value analysis to select closed-end funds across domestic and international markets.