Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) to Issue Monthly Dividend of $0.09 on May 29th

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) declared a monthly dividend on Tuesday, March 24th. Investors of record on Tuesday, May 12th will be given a dividend of 0.087 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Tuesday, May 12th.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

NYSE:FOF opened at $14.10 on Friday. The stock’s 50 day moving average price is $13.58 and its 200 day moving average price is $13.49. Cohen & Steers Closed-End Opportunity Fund has a 52 week low of $11.78 and a 52 week high of $15.04.

Hedge Funds Weigh In On Cohen & Steers Closed-End Opportunity Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in Cohen & Steers Closed-End Opportunity Fund in the first quarter worth approximately $426,000. Kestra Advisory Services LLC increased its holdings in Cohen & Steers Closed-End Opportunity Fund by 2.9% in the first quarter. Kestra Advisory Services LLC now owns 33,876 shares of the company’s stock worth $435,000 after buying an additional 966 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new position in Cohen & Steers Closed-End Opportunity Fund in the fourth quarter worth approximately $55,000. Cetera Investment Advisers boosted its position in Cohen & Steers Closed-End Opportunity Fund by 15.7% during the fourth quarter. Cetera Investment Advisers now owns 55,744 shares of the company’s stock worth $736,000 after purchasing an additional 7,583 shares during the period. Finally, Royal Bank of Canada grew its holdings in Cohen & Steers Closed-End Opportunity Fund by 8.0% during the fourth quarter. Royal Bank of Canada now owns 255,818 shares of the company’s stock valued at $3,377,000 after purchasing an additional 18,849 shares during the last quarter.

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.