Cohen & Steers Closed-End Opportunity Fund Announces July Distribution Sources
The Cohen & Steers Closed-End Opportunity Fund (FOF) has provided shareholders with details on the sources of its upcoming distribution, scheduled for payment on July 31, 2026. The managed distribution policy implemented in December 2021 aims to deliver regular monthly distributions at a fixed rate per share by leveraging long-term capital gains and net investment income. The latest estimated distribution is $0.0870 per common share for July, with approximately 63.56% coming from long-term capital gains and the remaining portion from net investment income. Year-to-date (YTD), cumulative distributions amount to $0.6090 per share, also largely sourced from long-term capital gains. The Fund emphasizes that these figures are estimates subject to change before year-end reporting on Form 1099-DIV. Shareholders should note the potential impact of return-of-capital components and how they may affect tax basis rather than taxable income.
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