Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. Announces Liquidation
Cohen & Steers MLP Income and Energy Opportunity Fund (NYSE: MIE) completed its liquidation on August 6, 2021.
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Rhea-AI Summary
Cohen & Steers MLP Income and Energy Opportunity Fund (NYSE: MIE) completed its liquidation on August 6, 2021. Shareholders will receive a net asset value of $3.9118 per share as a liquidating distribution. This action aligns with previously announced plans for liquidation. Investors should be aware that they may incur a tax gain or loss due to the liquidation process and should consult tax professionals for advice.
Positive
- Shareholders are receiving $3.9118 per share as a liquidating distribution.
Negative
- The liquidation may result in tax implications for shareholders.
Details
News Market Reaction – CNS
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NEW YORK, Aug. 9, 2021 /PRNewswire/ -- Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE; the "Fund"), successfully completed its liquidation following the close of business on August 6, 2021. The liquidation was performed consistent with the Fund's previously announced liquidation plans.
The Fund is returning an extended net asset value of
Stockholders may recognize a gain or loss for U.S. tax purposes as a result of the liquidation. Stockholders should consult a professional tax advisor regarding their specific tax situation.
Website: https://www.cohenandsteers.com/
Symbols: (NYSE: CNS, MIE)
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.
View original content:https://www.prnewswire.com/news-releases/cohen--steers-mlp-income-and-energy-opportunity-fund-inc-announces-liquidation-301351060.html
SOURCE Cohen & Steers, Inc.
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