Gerald J. Maginnis Sells 975 Shares of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Stock

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Director Gerald J. Maginnis sold 975 shares of the company’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $13.04, for a total transaction of $12,714.00. Following the completion of the transaction, the director now directly owns 1,596 shares in the company, valued at approximately $20,811.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Cohen & Steers Closed-End Opportunity Fund Price Performance

FOF opened at $12.98 on Friday. Cohen & Steers Closed-End Opportunity Fund, Inc. has a 52 week low of $9.59 and a 52 week high of $13.07. The business’s fifty day simple moving average is $12.47 and its 200 day simple moving average is $11.96.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be paid a $0.087 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.04 dividend on an annualized basis and a yield of 8.04%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. bought a new position in Cohen & Steers Closed-End Opportunity Fund in the first quarter valued at $25,000. Future Financial Wealth Managment LLC bought a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the first quarter valued at about $99,000. Kapstone Financial Advisors LLC bought a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the second quarter valued at about $139,000. Saxony Capital Management LLC grew its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 5.2% during the second quarter. Saxony Capital Management LLC now owns 25,493 shares of the company’s stock valued at $305,000 after buying an additional 1,250 shares during the last quarter. Finally, Raymond James Trust N.A. grew its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 19.3% during the second quarter. Raymond James Trust N.A. now owns 54,925 shares of the company’s stock valued at $656,000 after buying an additional 8,893 shares during the last quarter.

About Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.