Financial Alternatives Inc Invests $608,000 in Cohen & Steers Closed-End Opportunity Fund, Inc. $FOF

Financial Alternatives Inc bought a new position in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 43,796 shares of the company’s stock, valued at approximately $608,000. Cohen & Steers Closed-End Opportunity Fund comprises about 0.3% of Financial Alternatives Inc’s portfolio, making the stock its 27th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of FOF. JPMorgan Chase & Co. acquired a new stake in Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at $45,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the fourth quarter valued at $55,000. Principal Securities Inc. boosted its position in shares of Cohen & Steers Closed-End Opportunity Fund by 7.6% in the fourth quarter. Principal Securities Inc. now owns 11,080 shares of the company’s stock worth $146,000 after buying an additional 787 shares during the period. Jane Street Group LLC acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the fourth quarter worth $152,000. Finally, Silverlake Wealth Management LLC purchased a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the second quarter valued at $161,000.

Cohen & Steers Closed-End Opportunity Fund Stock Down 0.1%

NYSE:FOF opened at $13.60 on Thursday. Cohen & Steers Closed-End Opportunity Fund, Inc. has a fifty-two week low of $12.50 and a fifty-two week high of $15.04. The stock’s 50-day moving average is $13.64 and its two-hundred day moving average is $13.75.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.087 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund (NYSE: FOF) is a diversified, closed-end management investment company that seeks total return through a portfolio of publicly traded closed-end funds. The fund primarily targets taxable closed-end vehicles spanning equity, fixed income, and real estate investment strategies, aiming to capture discounts to net asset value and generate competitive current income over a full market cycle.

FOF’s investment approach combines sector allocation and relative-value analysis to select closed-end funds across domestic and international markets.