#United States #New York #Cohen & Steers #FOF #Closed-End Fund

Cohen & Steers Closed-End Opportunity Fund Distribution Notification

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) has provided important updates concerning its distribution strategy. As the fund approaches the end of March 2026, shareholders are advised of the details regarding distribution payments and the sources behind these distributions.

Overview of the Managed Distribution Policy

The Fund has adopted a managed distribution policy aimed at enhancing the potential for long-term total returns. This policy, launched in December 2021 under the auspices of the Securities and Exchange Commission, allows for regular, predictable monthly distributions declared at a set rate per share. This structured approach not only provides shareholders with steady income but also allows the Fund more flexibility to capitalize on long-term capital gains throughout the calendar year.

It is crucial to note that the Fund's Board of Directors holds the discretion to amend, suspend, or terminate this managed distribution policy at any time without prior notice. Such changes might significantly impact the market price and perceived value of the Fund’s shares.

Current Distribution Details

For the month of March 2026, the Fund has announced a total distribution of $0.0870 per share. This amount will encompass various types of income as follows:

• - Net Investment Income: $0.0684 (78.62% of current distribution)
• - Net Realized Long-Term Capital Gains: $0.0186 (21.38% of current distribution)
• - Total Cumulative Distribution Year-to-Date: $0.2610 per share

Shareholders should recognize that while this distribution includes capital gains and net investment income, a portion may consist of a return of capital. A return of capital can occur when distributions surpass net investment income and realized capital gains, effectively lowering the individual shareholder's tax basis in their shares. Notably, return of capital is generally not subject to income tax. However, accurate tax reporting for shareholders will be based on Form 1099-DIV issued at year-end, which reflects the final tax characteristics once all dividends are finalized.

Year-to-Date Performance

As of the end of February 2026, the Fund's performance metrics painted a promising picture:

• - Year-to-date Cumulative Total Return: 6.39%
• - Average Annual Total Return (5-Year): 10.54%

These metrics offer insights into how well the Fund has performed relative to its investment strategy over both the short term and longer durations.

Implications for Investors

Investors considering participation in the Cohen & Steers Closed-End Opportunity Fund should carefully evaluate the investment objectives, risks involved, and all charges and expenses associated before committing funds. Further, accurate records of all distributed funds for tax purposes should be maintained, as the eventual reporting will significantly matter during tax season. Investors can access recent periodic reports and other essential filings through their financial advisors or directly via the Fund's website.

To summarize, the March 2026 distribution updates reflect a continued commitment to providing regular income to shareholders while striving to maximize long-term capital growth. Stakeholders are advised to keep abreast of upcoming announcements and changes regarding distribution rates, as these can directly influence investment decisions moving forward.

Conclusion

Cohen & Steers has established itself as a leader in the investment landscape, focusing on real assets and alternative income strategies. As this Fund continues to adapt its distribution policy and respond to market dynamics, keeping shareholders informed is crucial for maintaining trust and ensuring transparent communications. As always, prospective investors are encouraged to do thorough due diligence, ensuring alignment with their financial goals and risk tolerance.