Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) to Issue $0.09 Monthly Dividend

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) announced a monthly dividend on Tuesday, December 16th. Shareholders of record on Tuesday, February 10th will be given a dividend of 0.087 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Tuesday, February 10th.

Cohen & Steers Closed-End Opportunity Fund Trading Up 0.3%

FOF stock traded up $0.04 during midday trading on Wednesday, reaching $13.01. 18,288 shares of the stock were exchanged, compared to its average volume of 51,903. Cohen & Steers Closed-End Opportunity Fund has a 52 week low of $10.37 and a 52 week high of $13.25. The company has a fifty day moving average price of $13.02 and a 200 day moving average price of $12.87.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FOF. Cetera Investment Advisers grew its stake in Cohen & Steers Closed-End Opportunity Fund by 5.9% during the first quarter. Cetera Investment Advisers now owns 23,425 shares of the company’s stock worth $283,000 after purchasing an additional 1,313 shares during the period. Raymond James Financial Inc. lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 11.0% in the first quarter. Raymond James Financial Inc. now owns 308,816 shares of the company’s stock valued at $3,727,000 after buying an additional 30,693 shares during the period. Royal Bank of Canada boosted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 2.2% during the 1st quarter. Royal Bank of Canada now owns 229,100 shares of the company’s stock worth $2,765,000 after buying an additional 4,972 shares in the last quarter. Kapstone Financial Advisors LLC grew its position in shares of Cohen & Steers Closed-End Opportunity Fund by 36.2% during the 2nd quarter. Kapstone Financial Advisors LLC now owns 18,590 shares of the company’s stock worth $235,000 after buying an additional 4,940 shares during the period. Finally, Atria Wealth Solutions Inc. grew its position in shares of Cohen & Steers Closed-End Opportunity Fund by 53.4% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 25,833 shares of the company’s stock worth $326,000 after buying an additional 8,995 shares during the period.

About Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.