Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Notification of Sources of Distribution Under Section 19(a)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 27 2024
0mins
Source: PRnewswire
Distribution Information: Cohen & Steers Closed-End Opportunity Fund will pay a distribution on September 30, 2024, which includes net investment income and return of capital, with the latter potentially reducing shareholders' tax basis.
Fund Performance: The Fund's year-to-date cumulative total return is 18.23%, with a cumulative distribution rate of 6.50% for fiscal year 2024, highlighting the relationship between performance and distributions.
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Analyst Views on CNS
Wall Street analysts forecast CNS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNS is 70.00 USD with a low forecast of 63.00 USD and a high forecast of 77.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
0 Hold
1 Sell
Hold
Current: 63.950
Low
63.00
Averages
70.00
High
77.00
Current: 63.950
Low
63.00
Averages
70.00
High
77.00
About CNS
Cohen & Steers, Inc. is a holding company, which is engaged in global investment management. The Company is specialized in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. The Company’s distribution network encompasses two channels, wealth and institutional. Its wealth channel includes registered investment advisers, wire houses, independent and regional broker dealers and bank trusts. Its institutional channel includes sovereign wealth funds, corporate plans, insurance companies and public funds, including defined benefit and defined contribution plans, as well as other financial institutions that access its investment management services directly or through consultants and other intermediaries. The Company manages three types of investment vehicles, such as open-end funds, institutional accounts, and closed end.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cohen & Steers Fund Distribution Policy Update
- Distribution Policy Implementation: Cohen & Steers Fund has implemented a managed distribution policy since December 2021, aiming to provide shareholders with long-term total return potential through regular monthly distributions, thereby enhancing investor confidence.
- Transparent Distribution Sources: The January 2026 distribution of $0.087 per share is entirely sourced from long-term capital gains, indicating the fund's stability in capital appreciation, which may attract more investor interest.
- Annual Return Data: As of December 31, 2025, the fund's year-to-date cumulative total return stands at 119.88%, with a current annualized distribution rate of 47.91%, reflecting excellent performance in the market and increasing its appeal.
- Tax Information Disclosure: The fund will send shareholders a Form 1099-DIV after the end of each calendar year, providing final tax characteristics of distributions to ensure accurate tax reporting, thereby enhancing transparency and compliance.
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Cohen & Steers Fund Distribution Notification
- Distribution Policy Implementation: Cohen & Steers Fund has implemented a managed distribution policy since December 2021, aiming to provide shareholders with long-term total return potential through regular monthly distributions at a fixed rate, thereby enhancing investor confidence.
- Current Distribution Status: The distribution per share for January 2026 is $0.0870, entirely sourced from long-term capital gains, demonstrating the fund's stability amid market fluctuations, which may help attract more investors.
- Annual Return Data: As of December 31, 2025, the fund's year-to-date cumulative total return stands at 119.88%, with a current annualized distribution rate of 47.91%, indicating strong performance in long-term investments that could elevate market recognition.
- Tax Information Disclosure: The fund will send shareholders a Form 1099-DIV after the calendar year ends, detailing the final tax characteristics of distributions, ensuring transparency for shareholders during tax reporting and reducing potential tax risks.
Continue Reading