Cohen & Steers MLP Income and Energy Opportunity Fund Announces Share Repurchases

Rhea-AI Summary

The Cohen & Steers MLP Income and Energy Opportunity Fund (MIE) has repurchased 82,826 shares since its last update on September 1, 2020, bringing the total for 2020 to 591,076 shares. This share repurchase program allows for the buyback of up to 10% of outstanding shares within a calendar year. Since inception on March 26, 2013, the total shares repurchased amount to 744,738. Investors are encouraged to review the Fund's objectives and risks before investing, with complete reports accessible online.

Positive

• Repurchased 82,826 shares since September 1, 2020.
• Total shares repurchased in 2020 is now 591,076, reflecting ongoing share buyback activity.
• Cumulative repurchases since inception total 744,738 shares, indicating a commitment to enhancing shareholder value.

Negative

• None.

NEW YORK, Oct. 1, 2020 /PRNewswire/ -- Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE; the "Fund") repurchased 82,826 outstanding common shares since the Fund's last repurchase update on September 1, 2020, bringing the year-to-date total repurchased to 591,076 outstanding common shares. The transactions were made as part of a share repurchase program, which authorizes the repurchase of up to 10% of the Fund's outstanding common shares during a calendar year. Repurchases are at management's discretion, and no assurance can be made that the Fund will repurchase additional shares. The Fund's outstanding common share repurchases made year-to-date through September 30, 2020, and since inception are listed below.

Fund	NYSE Symbol	Shares Aquired Since Last Update September 1, 2020	Shares Acquired Year-to-Date September 30, 2020	Shares Acquired Since Inception March 26, 2013
Cohen & Steers MLP Income and Energy Opportunity Fund	MIE	82,826	591,076	744,738

Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The Fund's most recent periodic reports and other regulatory filings may be obtained by visiting cohenandsteers.com and the Securities and Exchange Commission's EDGAR Database, or by contacting your financial professional. Please read these reports and other filings carefully before investing.

Website: https://www.cohenandsteers.com/ 
Symbol: (NYSE: CNS)

About Cohen & Steers. Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure 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, Dublin, Hong Kong and Tokyo.

Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.

Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

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SOURCE Cohen & Steers, Inc.

FAQ

What is the share repurchase amount by Cohen & Steers MLP Income and Energy Opportunity Fund (MIE)?

Cohen & Steers MLP Income and Energy Opportunity Fund repurchased 82,826 shares since September 1, 2020.

How many shares has the MIE fund repurchased in total for 2020?

The total shares repurchased by the MIE fund for the year 2020 is 591,076.

What is the total number of shares repurchased since the MIE fund's inception?

Since inception on March 26, 2013, the total number of shares repurchased is 744,738.

What percentage of outstanding shares can Cohen & Steers MLP Income and Energy Opportunity Fund repurchase?

The Fund can repurchase up to 10% of its outstanding common shares during a calendar year.