NEW YORK, March 9, 2015 /PRNewswire/ -- The Boards of
Directors of Cohen & Steers Closed-End Opportunity Fund, Inc.
(NYSE: FOF) and Cohen & Steers Global Income Builder, Inc.
(NYSE: INB) (each a "Fund" and collectively, the "Funds") have
declared first quarter 2015 distributions payable on March 31, 2015 to shareholders of record on
March 20, 2015. The ex-dividend date
is March 18, 2015. The distribution
amounts for the Funds are summarized below:
Fund
|
|
Quarterly
Distribution
Per
Share
|
|
Cohen &
Steers
Closed-End
Opportunity Fund, Inc.
|
|
$0.2600
|
|
|
|
|
|
Cohen &
Steers
Global Income
Builder, Inc.
|
|
$0.2800
|
|
|
|
|
|
|
The Funds pay regular quarterly cash distributions to common
shareholders at a level rate that may be adjusted from time to
time. Each Fund's distributions reflect net investment income, and
may also include net realized capital gains and/or return of
capital. Return of capital includes distributions paid by a Fund in
excess of its net investment income, and such excess is distributed
from the Fund's assets. Under federal tax regulations, some or all
of the return of capital distributed by a Fund may be taxed as
ordinary income. The amount of quarterly distributions may vary
depending on a number of factors, including changes in portfolio
and market conditions.
In addition, distributions for the Fund's investments in real
estate investment trusts (REITs) and/or closed-end funds (CEFs) may
later be characterized as capital gains and/or a return of capital,
depending on the character of the dividends reported to each Fund
after year end by the REITs and CEFs held by a Fund.
The amount and composition of each Fund's distribution is
disclosed quarterly at cohenandsteers.com; however, this
information may change after year end once the final tax
characteristics of all Fund distributions can be determined with
certainty. Final tax characteristics of all fund distributions will
be provided on Form 1099-DIV, which is mailed after the close of
the calendar year.
More information is available at cohenandsteers.com.
//Website: http://cohenandsteers.com/
Symbol: NYSE: CNS
About Cohen & Steers. Founded in 1986, Cohen &
Steers is a leading global investment manager with a long history
of innovation and a focus on real assets, including real estate,
infrastructure and commodities, along with preferred securities and
other income solutions. Headquartered in New York City, with offices in London, Hong
Kong, Tokyo and
Seattle, Cohen & Steers serves
institutional and individual investors around the world.
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SOURCE Cohen & Steers