NEW YORK, June 30, 2021 /PRNewswire/
-- Cohen & Steers MLP Income and Energy
Opportunity Fund, Inc. (NYSE: MIE; the "Fund"), announced today the
results of the special meeting held on June
30, 2021, where stockholders approved the liquidation and
dissolution of the Fund.
The Fund has fixed the close of business on August 6, 2021 as the effective date for
determining the stockholders of the Fund that will be entitled to
receive liquidating distributions. The Fund may make more
than one liquidating distribution. It is anticipated that
liquidating distributions will begin being paid after close of
business on August 6, 2021 (the
"Closing Date"). The Fund's last day of trading on the
New York Stock Exchange will be August 2,
2021, after which time there will be no secondary market for
the Fund's shares.
Until the Closing Date, the Fund is expected to deviate from its
investment objectives and investment policies and the Fund's
investment restrictions will not apply as the Fund's portfolio will
be managed in anticipation of the liquidation and the Fund's
portfolio securities will be sold. In addition, the Fund will not
declare any future dividends as a result of the pending
liquidation.
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/
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.
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SOURCE Cohen & Steers, Inc.