Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. Declares Distributions for April and May 2021
The Board of Directors of Cohen & Steers MLP Income and Energy Opportunity Fund (NYSE: MIE) announced monthly distributions for April and May 2021. Each month's distribution is set at $0.015, with the ex-dates on April 13 and May 11, record dates on April 14 and May 12, and payable dates on April 30 and May 28, respectively. The distributions reflect net investment income, possibly including net realized capital gains and return of capital. Shareholders are advised to refer to Form 1099-DIV for tax reporting.
- Monthly distributions of $0.015 for both April and May 2021.
- Distributions reflect net investment income, potentially including capital gains.
- Regular monthly cash distributions may secure investor confidence.
- Distributions may include a return of capital, which could be taxable as ordinary income.
NEW YORK, March 29, 2021 /PRNewswire/ -- The Board of Directors of Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE) (the "Fund") announced today the monthly distributions for April and May 2021, as summarized in the chart below:
Month | Amount of Distribution | Ex-Date | Record Date | Payable Date |
April | Apr. 13, 2021 | Apr. 14, 2021 | Apr. 30, 2021 | |
May | May 11, 2021 | May 12, 2021 | May 28, 2021 |
Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. pays regular monthly cash distributions to common shareholders at a level rate that may be adjusted from time to time. The Fund's distributions reflect net investment income, and may also include net realized capital gains and/or return of capital. Return of capital includes distributions paid by a fund in excess of its net investment income. Such excess is distributed from the fund's assets. Under federal tax regulations, some or all of the return of capital distributed by a fund may be taxed as ordinary income. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
Distributions of the Fund's investment in master limited partnerships (MLPs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported after year end by MLPs held by the Fund.
Shareholders should not use the information provided in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should 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
FAQ
What are the monthly distributions for CNS MIE in April and May 2021?
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