#USA #New York #Cohen & Steers #Closed-End Opportunity Fund #FOF

Highlights from Cohen & Steers Closed-End Opportunity Fund Update

On September 29, 2026, Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) shared important updates regarding its distribution for shareholders. The announcement is particularly significant as it details where the Fund's distributions are sourced from, effective from September 30, 2026, and highlights cumulative distributions for the current fiscal year.

In December 2021, the Fund adopted a managed distribution policy, a strategic approach approved by the Securities and Exchange Commission. This policy aims to provide consistent monthly distributions, returning significant value to shareholders through fixed rate payments. Such structured payouts enhance shareholder experience, aiming to achieve long-term capital appreciation while ensuring regular income flow.

Monthly Distribution Breakdown

The Fund's monthly distributions consist of different components, including capital gains and interest income. The current payout for September 2026 has been pegged at $0.0870 per share. The nature of these distributions can include:

• - Net Investment Income: $0.0461 (approximately 52.99% of the current distribution)
• - Net Realized Long-Term Capital Gains: $0.0409 (approximately 47.01% of the current distribution)
• - Net Realized Short-Term Capital Gains & Return of Capital: Not applicable for this month.

Overall for the fiscal year up to September 30, 2026, the cumulative distributions total to $0.7830 per share. The composition indicates that 37.56% originates from net investment income while long-term capital gains contribute 62.44%.

Insights on Distribution Sources

Investors should consider that the sources of these distributions might fluctuate due to market and portfolio dynamics. It's essential to strategize based on these insights, particularly during uncertain market movements. Additionally, shareholders should remember that distributions exceeding net investment income may adjust their tax basis but do not incur immediate tax, a point that many shareholders may overlook. By the year's end, these nuances will be clarified through a Form 1099-DIV, which the Fund issues to all shareholders.

The Fund's performance metrics so far for fiscal year 2026 show a year-to-date cumulative total return of 8.08%, alongside a cumulative distribution rate of 5.77% as of August 31, 2026. This performance indicates a profound correlation between total return and the distribution rate, setting a bar for expected investor return versus investments made.

During the five-year horizon ending August 31, 2026, the average annual total return stands at 7.93% with a current annualized distribution rate of 7.70%, offering potential investors a competitive edge across alternatives in the market.

Conclusion

In closing, shareholders and potential investors are encouraged to consider the implications of these distributions and the managed distribution policy. The fund's leadership reserves the right to modify these policies, shaping both risks and opportunities associated. As always, investors are advised to analyze the investment goals, risks, and expenses before engaging with the Fund, ensuring they navigate this financial landscape effectively.

For more detailed and updated information, stakeholders can visit cohenandsteers.com. The organization's commitment to transparency through regular updates remains a guiding principle through varying market conditions.