Cohen & Steers Closed-End Opportunity Fund Announces August 2026 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 August 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 the month of August, with approximately 39% coming from net investment income and 61% from long-term capital gains. Year-to-date distributions amount to $0.6960 per share, also primarily sourced from long-term capital gains (64%). The Fund notes that these figures are estimates subject to change before the end of the year. Shareholders should be aware that return of capital may reduce their tax basis in shares and that final distribution characteristics will appear on Form 1099-DIV after December. The Board retains discretion over modifying or suspending the policy, which could affect share prices.
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