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

Rhea-AI Summary

Cohen & Steers MLP Income and Energy Opportunity Fund (NYSE: MIE) reported the repurchase of 217,189 shares since June 22, 2020, raising the total for 2020 to 392,568 shares. The repurchase program allows for up to 10% of outstanding shares to be bought back within a year. As of July 31, 2020, a cumulative total of 546,230 shares have been repurchased since the program's inception on March 26, 2013. Investors should review the Fund's objectives and risks prior to investing.

Positive

• Year-to-date share repurchase total of 392,568 enhances shareholder value.
• Total shares repurchased since inception now at 546,230, indicating strong confidence in MIE.

Negative

• None.

NEW YORK, Aug. 4, 2020 /PRNewswire/ -- Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE; the "Fund") repurchased 217,189 outstanding common shares since the Fund's last repurchase update on June 22, 2020, bringing the year-to-date total repurchased to 392,568 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 July 31, 2020, and since inception are listed below.

Fund	NYSE Symbol	Shares Aquired Since Last Update June 22, 2020	Shares Acquired Year-to-Date July 31, 2020	Shares Acquired Since Inception March 26, 2013
Cohen & Steers MLP Income and Energy Opportunity Fund	MIE	217,189	392,568	546,230

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.

View original content:http://www.prnewswire.com/news-releases/cohen--steers-mlp-income-and-energy-opportunity-fund-announces-share-repurchases-301105902.html

SOURCE Cohen & Steers

FAQ

What is the total share repurchase amount for Cohen & Steers MLP Income and Energy Opportunity Fund in 2020?

The total share repurchase amount for 2020 is 392,568 shares.

How many shares has the Fund repurchased since inception?

Since inception on March 26, 2013, the Fund has repurchased a total of 546,230 shares.

What is the NYSE symbol for Cohen & Steers MLP Income and Energy Opportunity Fund?

The NYSE symbol for the Fund is MIE.

What does the share repurchase program entail for Cohen & Steers MLP Income and Energy Opportunity Fund?

The program authorizes the repurchase of up to 10% of the Fund's outstanding common shares during a calendar year.