Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Notification of Sources of Distribution Under Section 19(a)
Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) has announced its distribution sources for June 30, 2025. The Fund operates under a managed distribution policy implemented in December 2021. For June 2025, the Fund will distribute $0.0870 per share, consisting entirely of net realized long-term capital gains.
Year-to-date distributions through June 30, 2025, totaling $0.5220 per share, comprise 57.41% from net realized long-term capital gains, 29.48% from net investment income, and 13.11% from return of capital. The Fund's year-to-date total return through May 31, 2025, is 4.02%, with an average annual total return of 11.10% for the five-year period ending May 31, 2025.
Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) ha annunciato le fonti delle distribuzioni per il 30 giugno 2025. Il Fondo opera secondo una politica di distribuzione gestita, attuata nel dicembre 2021. Per giugno 2025, il Fondo distribuir脿 0,0870 $ per azione, interamente costituiti da plusvalenze nette realizzate a lungo termine.
Le distribuzioni da inizio anno fino al 30 giugno 2025, per un totale di 0,5220 $ per azione, comprendono il 57,41% da plusvalenze nette realizzate a lungo termine, il 29,48% da reddito netto da investimenti e il 13,11% da ritorno di capitale. Il rendimento totale del Fondo da inizio anno fino al 31 maggio 2025 猫 del 4,02%, con un rendimento totale medio annuo del 11,10% nel periodo di cinque anni terminato il 31 maggio 2025.
Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) ha anunciado las fuentes de distribuci贸n para el 30 de junio de 2025. El Fondo opera bajo una pol铆tica de distribuci贸n gestionada implementada en diciembre de 2021. Para junio de 2025, el Fondo distribuir谩 0,0870 $ por acci贸n, compuesto 铆ntegramente por ganancias netas realizadas a largo plazo.
Las distribuciones acumuladas hasta el 30 de junio de 2025, por un total de 0,5220 $ por acci贸n, incluyen un 57,41% de ganancias netas realizadas a largo plazo, un 29,48% de ingresos netos por inversiones y un 13,11% de retorno de capital. El rendimiento total acumulado del Fondo hasta el 31 de mayo de 2025 es del 4,02%, con un rendimiento total anual promedio del 11,10% en el per铆odo de cinco a帽os finalizado el 31 de mayo de 2025.
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2025雲� 6鞗� 30鞚缄箤歆鞚� 鞐瓣皠 雸勳爜 氚半嫻旮� 齑濎暋 欤茧嫻 0.5220雼煬電� 鞛リ赴 靾滌嫟順� 鞛愲掣鞚挫澋鞚� 57.41%, 靾滍埇鞛愳唽霌濎澊 29.48%, 鞛愲掣 頇橁笁鞚� 13.11%毳� 彀頃╇媹雼�. 2025雲� 5鞗� 31鞚缄箤歆鞚� 鞐瓣皠 雸勳爜 齑濎垬鞚惦鞚 4.02%鞚措┌, 2025雲� 5鞗� 31鞚� 膦呺霅� 5雲� 旮瓣皠 霃欖晥鞚� 鞐绊弶攴� 齑濎垬鞚惦鞚 11.10%鞛呺媹雼�.
Cohen & Steers Closed-End Opportunity Fund (NYSE : FOF) a annonc茅 ses sources de distribution pour le 30 juin 2025. Le Fonds fonctionne selon une politique de distribution g茅r茅e mise en place en d茅cembre 2021. Pour juin 2025, le Fonds distribuera 0,0870 $ par action, enti猫rement constitu茅 de plus-values nettes r茅alis茅es 脿 long terme.
Les distributions cumul茅es depuis le d茅but de l'ann茅e jusqu'au 30 juin 2025, totalisant 0,5220 $ par action, se composent de 57,41 % de plus-values nettes r茅alis茅es 脿 long terme, 29,48 % de revenus nets d'investissement et 13,11 % de retour de capital. Le rendement total cumul茅 du Fonds jusqu'au 31 mai 2025 est de 4,02 %, avec un rendement total annuel moyen de 11,10 % sur la p茅riode de cinq ans se terminant le 31 mai 2025.
Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) hat die Quellen der Aussch眉ttungen f眉r den 30. Juni 2025 bekannt gegeben. Der Fonds operiert unter einer im Dezember 2021 eingef眉hrten verwalteten Aussch眉ttungspolitik. F眉r Juni 2025 wird der Fonds 0,0870 $ pro Aktie aussch眉tten, die vollst盲ndig aus realisierten langfristigen Nettokapitalgewinnen bestehen.
Die Aussch眉ttungen seit Jahresbeginn bis zum 30. Juni 2025 in H枚he von insgesamt 0,5220 $ pro Aktie setzen sich zusammen aus 57,41 % realisierten langfristigen Nettokapitalgewinnen, 29,48 % Nettoinvestitionsertr盲gen und 13,11 % Kapitalr眉ckfluss. Die kumulierte Gesamtrendite des Fonds bis zum 31. Mai 2025 betr盲gt 4,02 %, mit einer durchschnittlichen j盲hrlichen Gesamtrendite von 11,10 % 眉ber den F眉nfjahreszeitraum bis zum 31. Mai 2025.
- Five-year average annual total return of 11.10%
- Current annualized distribution rate of 8.69%
- Majority of distributions (57.41%) come from realized long-term capital gains
- 13.11% of year-to-date distributions represent return of capital, potentially reducing shareholders' cost basis
- Fund has distributed more than its income and capital gains
- Year-to-date return of 4.02% through May 31, 2025, is relatively modest
Insights
Cohen & Steers Fund's June distribution comes entirely from long-term capital gains, demonstrating strong underlying performance with an 11.10% five-year return.
The latest distribution announcement from Cohen & Steers Closed-End Opportunity Fund (FOF) reveals the June 2025 payment of
The fund's performance metrics paint a compelling picture. Year-to-date through May 31, FOF has generated a
Importantly for income-focused investors, the fund operates under a managed distribution policy implemented in December 2021, designed to deliver the fund's long-term total return potential through consistent monthly payments. While this provides distribution predictability, investors should note that portions of distributions may represent return of capital rather than actual income or gains, potentially affecting their tax basis.
The fund's year-to-date cumulative distribution rate of
In December 2021, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES | June 2025 | YEAR-TO-DATE (YTD) June 30, 2025* | ||
Source | Per Share | % of Current | Per Share | % of 2025 |
Net Investment Income | 0.00听% | 29.48听% | ||
Net AG真人官方ized Short-Term Capital Gains | 0.00听% | 0.00听% | ||
Net AG真人官方ized Long-Term Capital Gains | 100.00听% | 57.41听% | ||
Return of Capital (or other Capital Source) | 0.00听% | 13.11听% | ||
Total Current Distribution | 100.00听% | 100.00听% |
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES
The Fund's Year-to-date Cumulative Total Return for fiscal year 2025 (January 1, 2025 through May 31, 2025) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2025. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2025 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2025. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2025 to May 31, 2025 | |
Year-to-date Cumulative Total Return1 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 | 4.02听% |
Cumulative Distribution Rate2 | 4.35听% |
Five-year period ending May 31, 2025 | |
Average Annual Total Return3 | 11.10听% |
Current Annualized Distribution Rate4 | 8.69听% |
1. | Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions. |
2. | Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2025 through June 30, 2025) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31, 2025. |
3. | Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2025. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions. |
4. | The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2025. |
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting聽cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
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About Cohen & Steers.聽Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
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