Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund, Inc. is a diversified, closed-end management investment company. It has an objective of achieving total return consisting of high current income and potential capital appreciation through investments in the common stock of closed-end management investment companies that invest in equity or income-producing securities. The company was founded on September 14, 2006 and is headquartered in New York, NY.

Cohen & Steers

NEW YORK , Dec. 17, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) (the "Fund") with information regarding the sources of the distribution to be paid on December 31, 2024 and cumulative distributions paid fiscal year-to-date. In December 2021, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Notification of Sources of Distribution Under Section 19(a)

Nuveen Churchill Direct Lending Corp

"Distribution Coverage" sounds very important and critical. So what is it? It involves identifying the cash flow sources of distributions from different types of closed-end funds, and how stable and predictable those sources appear to be. Credit funds and Equity funds have very different sources of distributions - some very stable and predictable, others more volatile.

Distribution/Dividend Coverage: Why It's Important And What Investors Need To Know

The Cohen & Steers Closed-End Opportunity Fund invests in other closed-end funds, offering an 8.12% yield, which is lower than some peers. The fund's flexibility to switch between equity and fixed-income closed-end funds allows it to adapt to varying economic conditions. The fund's strategy lends itself well to a "buy and forget" strategy, as it adjusts its own portfolio between equity and fixed-income funds based on current market conditions.

FOF: Overweight Position To Equity Funds Is Nice Today

Cohen & Steers Closed End Opportunity Fund offers reliable distribution income with an 8.3% yield and stable price range, ideal for long-term income investors. FOF's diversified portfolio includes equities, fixed income, and commodity funds. Despite a modest premium to NAV, FOF's consistent performance and potential interest rate cuts make it an opportunistic buy for income-focused investors.

FOF: Steady Distributions Accompanied By Steady Price Range

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Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +

Cohen & Steers Closed-End Opportunity Fund is a well-diversified fund-of-fund option for income-oriented investors. FOF invests mainly in closed-end funds that trade at a discount to NAV. Owning FOF may not fully take advantage of corporate actions, discounted DRIP plans, and tax loss harvesting compared to managing individual CEFs.

FOF: Decent Fund-Of-Funds For Passive Investors, But Wait To Buy At A Discount

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Stock #6 : Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) Yield: 10.55% Number of shares for $20,000: 1,739 Monthly Dividend Income:~$175.83 Balanced funds offer both capital appreciation potential as well as the safety and income aspects of bonds.

Want $1500 Per Month In Passive Income? Invest $20,000 In These Stocks.

Cohen & Steers Closed-End Opportunity Fund provides investors with a high level of income through its investments in other closed-end funds.

FOF: Appears To Be Making Some Smart Moves, But Investors Pay A High Price

Cohen & Steers Closed-End Opportunity Fund takes a fund of closed-end funds approach, offering significant diversification. FOF is currently trading at a fairly elevated premium, which is unusual in looking at its history and indicates it is overvalued. Saba Closed-End Funds ETF could be a potential alternative for investors, as shares can be picked up at NAV while waiting for a better entry level for FOF.

FOF Is Richly Priced, CEFS Could Be An Alternative

Cohen & Steers Closed-End Opportunity Fund allows investors to easily assemble a portfolio consisting of other closed-end funds. The FOF closed-end fund has underperformed a similar exchange-traded fund recently, which could partly be due to a narrowing price premium. The FOF fund offers a high yield of 10.31% but may face challenges in covering its distribution if unrealized gains have been eroded.

FOF: Narrowing Premium Helps, But Distribution Could Be Under Pressure

The rapidly rising cost of living in the U.S. due to inflation is putting financial pressure on many Americans. Investors can earn income by purchasing shares of closed-end funds specializing in income generation. The Cohen & Steers Closed-End Opportunity Fund currently yields an attractive 9.50% and invests in a combination of common stocks and fixed-income assets.

FOF: Attractive 9.50% Yield, But Don't Buy It At The Current Premium

FOF: This Attractive CEF Has Nice Features, But Is Substantially Overpriced

FOF takes an approach of investing in other funds, primarily closed-end funds but also exchange-traded funds, too. This makes it a one-stop shop for instant and broad diversification across a diverse pool of different asset classes, sectors and industries.

FOF: An Interesting Fund Of Funds Approach

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21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector.

Weekly Closed-End Fund Roundup: January 8, 2023

The FOF fund uses a fund-of-funds approach to invest in CEFs. It pays $0.087 / month or an 8.8% market yield.

FOF: Fund-Of-Funds Approach To CEFs But Unsustainable Yield

The current economy and outlook. Potential solutions a diversified portfolio of closed-end funds brings in a challenging market environment. Unique opportunities of Cohen&Steers Closed-End Opportunity Fund.

CEF Insights: Cohen&Steers, Building A Diversified Portfolio Of CEFs

FOF is a fairly popular CEF that invests in other closed-end and exchange-traded funds. This provides for plenty of diversification through exposure to just about everything investible.

FOF: An Elevated Valuation From This Otherwise Interesting Fund

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After 66 weeks and $6,700 allocated, the Dividend Harvesting portfolio is generating $472.58 in annual dividend income. The Dividend Harvesting portfolio has a 97.01% record of finishing the week in the black since its inception, 65/67 weeks.

Dividend Harvesting Week 67 Update: $6,700 Allocated, $472.58 In Annual Dividends Yielding 7.02% Across 74 Positions

FOF is a CEF that primarily holds other CEFs and trades at a 9% current yield. In this article we discuss some of the mechanics of the fund and address some of the misconceptions we keep seeing about it.

FOF: Highlighting Some Misconceptions About This 9%-Yielding Hybrid CEF

Cohen & Steers Closed-End Opportunity Fund provides sort of an "Instant Income Factory" for those looking to put money to work quickly. Its distribution has been rock solid for the past 10 years; on the other hand, we don't look for it to increase either.

FOF Now Yielding 9.6% With Discounts On Discounts (Like 'Double Coupons')

NEW YORK, Dec. 23, 2021 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) (the "Fund") with information regarding the sources of the distribution to be paid on December 31, 2021 and cumulative distributions paid fiscal year-to-date. The Board of Directors of the Cohen & Steers Closed-End Opportunity Fund, Inc. has announced that the Fund has implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Announces the Implementation of a Managed Distribution Policy

FOF is an attractive fund of funds approach, though we should be patient at its current price. If you are holding for diversification and collecting that steady distribution, it seems fine to continue to keep holding, in my opinion.

FOF: A One-Stop Shop Closed-End Fund

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The portfolio generated $1,067 in dividends during the month, an improvement over August. YTD, I've received $12,700. I closed out my positions in REM, DIS, MLPA, and SPYD.

My Dividend Growth Portfolio November Update: 27 Holdings, 7 Buys, 4 Sells

Several readers and subscribers asked for my thoughts on FOF. FOF is an actively-managed CEF fund of funds, investing in a wide variety of CEFs.

FOF: Good CEF Fund Of Funds, But Not A Buy At These Levels

Closed-end funds may be the ideal asset for income-focused investors due to their diversity and high yields. FOF invests in a portfolio of closed-end funds, giving investors a way to assemble a portfolio of these assets very easily.

FOF: Interesting Strategy But An Overpriced 7% Yield

News for Cohen & Steers Closed-End Opportunity Fund ETF (FOF)