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Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. Adjourns Special Meeting of Stockholders

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Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: CNS) has announced the adjournment of its special stockholders meeting originally scheduled for May 27, 2021, to June 30, 2021, at 10:00 AM ET. This decision aims to provide additional time for soliciting votes regarding the proposal to liquidate and dissolve the Fund. The Fund specializes in real assets and alternative income investments. Further updates about the Fund's financial performance and operations will be disclosed in compliance with relevant regulations.

Positive
  • The adjournment allows more time to solicit stockholder votes, potentially leading to more informed decision-making.
Negative
  • The proposal to liquidate and dissolve the Fund indicates potential financial distress or a shift in investment strategy.
  • The ongoing uncertainty surrounding the Fund's future could negatively impact investor sentiment.

NEW YORK, May 27, 2021 /PRNewswire/ -- Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE; the "Fund"), announced today at the special meeting of stockholders that it has adjourned the meeting of stockholders until June 30, 2021 at 10:00 AM Eastern Time. The adjournment will allow additional time to solicit votes on the proposal to liquidate and dissolve the Fund.

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

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.

Additional Information about the Fund and the Liquidation
This press release is for informational purposes only and is not intended to, and does not, constitute an offer to purchase or sell shares of the Fund.

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.

Cision View original content:http://www.prnewswire.com/news-releases/cohen--steers-mlp-income-and-energy-opportunity-fund-inc-adjourns-special-meeting-of-stockholders-301301243.html

SOURCE Cohen & Steers, Inc.

FAQ

What is the reason for Cohen & Steers' special meeting adjournment on May 27, 2021?

The special meeting was adjourned to June 30, 2021, to allow additional time to solicit stockholder votes on the proposal to liquidate and dissolve the Fund.

What date is the rescheduled special meeting for Cohen & Steers MLP Income and Energy Opportunity Fund?

The rescheduled special meeting will take place on June 30, 2021, at 10:00 AM Eastern Time.

How does the liquidation proposal affect CNS investors?

The liquidation proposal may indicate financial distress, potentially impacting investor confidence and the Fund's market value.

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

The stock symbol for the Fund is CNS.

When was the special meeting of stockholders initially scheduled?

The special meeting of stockholders was initially scheduled for May 27, 2021.

Cohen & Steers Inc.

NYSE:CNS

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