MIE News and Press, Cohen & Steers MLP Income and Energy Opportunity Fund Inc. From 12/28/20

It is important to remember that not all return of capital is necessarily destructive to a fund. Return of capital is a tax term and not a term for evaluating performance. Some investors look for return of capital to defer tax obligations, potentially indefinitely. For furth...

MLPs are the cheapest way to obtain a high yield and the prospect of capital appreciation. MLP fundamentals have held up remarkably well while their unit prices have suffered, creating an historic investment opportunity. Recovering U.S. oil and gas supply and demand will increase ...

Midstream was mixed this week, with MLPs closing slightly lower after 4 very strong weeks of positive performance. Even with the pause in performance this week, both the AMZ and the AMNA crossed key technical milestones. PAA was the biggest loser this week, dramatically underperfo...

Cohen & Steers Closed-End Funds Declare Distributions for January, February and March 2021 NEW YORK , Dec. 14, 2020 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for January, February...

In the midst of a challenging year, the improvement in midstream equities in November alongside the gains in oil prices and broader energy on positive vaccine developments was encouraging. Energy, including midstream, clearly stands to benefit from a potential improvement in the outlo...

For the first month in three, equity CEFs on average posted positive returns, rising 9.86% on a NAV basis for November. While for the eighth month in a row, fixed income CEFs witnessed returns in the black (+3.51%). Sixteen percent of all CEFs traded at a premium to their NAV, wit...

Midstream MLPs, as measured by the Alerian MLP Index (AMZ), ended November up 21.7% on a price basis and up 23.8% once distributions are considered. MLP yield spreads, as measured by the AMZ yield relative to the 10-year US Treasury bond, narrowed by 278 basis points (bps) over the mo...

Midstream and MLPs had a different kind of Movember, riding surging momentum in value stocks and energy stocks to a big rally throughout most of November. MLPs have now put up consecutive positive months for the first time since the initial April and May recovery. The broader AMNA...

20 out of 23 CEF sectors positive on price and 18 out of 23 sectors positive on NAV last week as vaccine rally continues. November distribution changes are updated: boosts to MAV (Taxable Income holding), MHI; cuts to KIO, FSLF. We'll keep track of large annual/special distributio...

A fund of funds approach can give instant diversification. The strategy is approached and is utilized in active CEFs or passive ETFs. They can be appropriate for income investors as they all pay a dividend. For further details see: Income Lab Ideas: 'Fund Of Funds'