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

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, November 10th will be paid a dividend of 0.087 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Tuesday, November 10th.

Cohen & Steers Closed-End Opportunity Fund Trading Down 0.4%

Shares of FOF stock traded down $0.04 on Wednesday, reaching $12.47. 25,142 shares of the stock were exchanged, compared to its average volume of 70,197. Cohen & Steers Closed-End Opportunity Fund has a one year low of $12.44 and a one year high of $15.04. The stock has a 50 day moving average price of $13.39 and a 200 day moving average price of $13.54.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Compass Financial Management LLC acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter worth approximately $41,000. Highland Investment Advisors LLC acquired a new stake in Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter worth $52,000. Financial Alternatives Inc bought a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at $608,000. Silverlake Wealth Management LLC acquired a new position in shares of Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter valued at $161,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter valued at $176,000.

About Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) is a diversified closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide investors with current income and total return through a portfolio of closed-end funds and other income-oriented investments.

The fund invests across a range of asset classes and strategies, including equity, fixed-income and real asset-focused closed-end funds. Its portfolio may include funds that invest in areas such as real estate, infrastructure, preferred securities, business development companies and other income-producing securities, allowing FOF to provide exposure to multiple market segments through a single investment vehicle.

FOF may invest in both U.S.