NEW YORK, Sept. 15, 2016 /PRNewswire/ -- The Boards of
Directors of Cohen & Steers Closed-End Opportunity Fund, Inc.
(NYSE: FOF), Cohen & Steers Global Income Builder, Inc.
(NYSE: INB), Cohen & Steers MLP Income and
Energy Opportunity Fund, Inc. (NYSE: MIE) and Cohen &
Steers REIT and Preferred Income Fund, Inc. (NYSE: RNP) (each
a "Fund" and collectively, the "Funds") announced today a change of
the Funds' dividend distribution schedules from quarterly to
monthly, beginning in October, 2016. The move to monthly
distributions is being made to better align the Funds with their
peers. The Boards of Directors also declared the monthly
distributions for October, November and December, as summarized in
the charts below:
Cohen & Steers Closed-End Opportunity Fund, Inc.
Month
|
Ex-Date
|
Record
Date
|
Payable
Date
|
Rate Per
Share
|
October
|
Oct. 18,
2016
|
Oct. 20,
2016
|
Oct. 31,
2016
|
$0.087
|
November
|
Nov. 16,
2016
|
Nov. 18,
2016
|
Nov. 30,
2016
|
$0.087
|
December
|
Dec. 9,
2016
|
Dec. 13,
2016
|
Dec. 30,
2016
|
$0.087
|
Cohen & Steers Global Income Builder, Inc.
Month
|
Ex-Date
|
Record
Date
|
Payable
Date
|
Rate Per
Share
|
October
|
Oct. 18,
2016
|
Oct. 20,
2016
|
Oct. 31,
2016
|
$0.077
|
November
|
Nov. 16,
2016
|
Nov. 18,
2016
|
Nov. 30,
2016
|
$0.077
|
December
|
Dec. 9,
2016
|
Dec. 13,
2016
|
Dec. 30,
2016
|
$0.077
|
Cohen & Steers MLP Income and Energy Opportunity Fund,
Inc.
Month
|
Ex-Date
|
Record
Date
|
Payable
Date
|
Rate Per
Share
|
October
|
Oct. 18,
2016
|
Oct. 20,
2016
|
Oct. 31,
2016
|
$0.077
|
November
|
Nov. 16,
2016
|
Nov. 18,
2016
|
Nov. 30,
2016
|
$0.077
|
December
|
Dec. 9,
2016
|
Dec. 13,
2016
|
Dec. 30,
2016
|
$0.077
|
Cohen & Steers REIT and Preferred Income Fund,
Inc.
Month
|
Ex-Date
|
Record
Date
|
Payable
Date
|
Rate Per
Share
|
October
|
Oct. 18,
2016
|
Oct. 20,
2016
|
Oct. 31,
2016
|
$0.124
|
November
|
Nov. 16,
2016
|
Nov. 18,
2016
|
Nov. 30,
2016
|
$0.124
|
December
|
Dec. 9,
2016
|
Dec. 13,
2016
|
Dec. 30,
2016
|
$0.124
|
The Funds pay regular monthly 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 monthly distributions may vary
depending on a number of factors, including changes in portfolio
and market conditions.
In addition, distributions for each Fund's investments in real
estate investment trusts (REITs), master limited partnerships
(MLPs) 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, MLPs and CEFs held by a Fund.
The amount and composition of each Fund's distribution is
disclosed monthly 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.
About Cohen & Steers. Cohen & Steers is a global
investment manager specializing in liquid real assets, including
real estate securities, listed infrastructure, commodities and
natural resource equities, as well as preferred securities and
other income solutions. Founded in 1986, the firm is headquartered
in New York City, with offices in
London, Hong Kong, Tokyo and Seattle.
Symbol: (NYSE: CNS)
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/cohen--steers-closed-end-opportunity-fund-inc-fof-cohen--steers-global-income-builder-inc-inb-cohen--steers-mlp-income-and-energy-opportunity-fund-inc-mie-and-cohen--steers-reit-and-preferred-income-fund-inc-r-300329252.html
SOURCE Cohen & Steers