Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF – Get Free Report) announced a monthly dividend on Tuesday, March 24th. Shareholders of record on Tuesday, April 14th will be paid a dividend of 0.087 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Tuesday, April 14th.
Cohen & Steers Closed-End Opportunity Fund Trading Down 1.2%
FOF opened at $12.76 on Wednesday. Cohen & Steers Closed-End Opportunity Fund has a twelve month low of $10.37 and a twelve month high of $15.04. The company’s 50-day moving average price is $14.03 and its two-hundred day moving average price is $13.41.
Institutional Investors Weigh In On Cohen & Steers Closed-End Opportunity Fund
A number of hedge funds have recently modified their holdings of FOF. Kapstone Financial Advisors LLC grew its holdings in Cohen & Steers Closed-End Opportunity Fund by 3.7% during the fourth quarter. Kapstone Financial Advisors LLC now owns 21,390 shares of the company’s stock valued at $282,000 after purchasing an additional 770 shares during the period. Level Four Advisory Services LLC raised its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 4.8% in the second quarter. Level Four Advisory Services LLC now owns 16,968 shares of the company’s stock valued at $214,000 after buying an additional 771 shares during the period. Principal Securities Inc. lifted its position in shares of Cohen & Steers Closed-End Opportunity Fund by 7.6% during the 4th quarter. Principal Securities Inc. now owns 11,080 shares of the company’s stock valued at $146,000 after buying an additional 787 shares during the last quarter. Clearstead Advisors LLC lifted its position in shares of Cohen & Steers Closed-End Opportunity Fund by 1.9% during the 3rd quarter. Clearstead Advisors LLC now owns 52,702 shares of the company’s stock valued at $687,000 after buying an additional 1,006 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 0.6% during the 3rd quarter. UBS Group AG now owns 244,605 shares of the company’s stock worth $3,190,000 after acquiring an additional 1,347 shares during the period.
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.
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