2024-06-11 07:53:22 ET
Summary
- Cohen & Steers Closed-End Opportunity Fund is a well-diversified fund-of-fund option for income-oriented investors.
- FOF invests mainly in closed-end funds that trade at a discount to NAV.
- Owning FOF may not fully take advantage of corporate actions, discounted DRIP plans, and tax loss harvesting compared to managing individual CEFs.
The Cohen & Steers Closed-End Opportunity Fund ( FOF ) takes a fund-of-fund approach. The fund is well diversified across different sectors, and it can be a decent choice for less active, income oriented investors who do not want to spend a lot of time managing their own portfolio of closed-end funds....
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For further details see:
FOF: Decent Fund-Of-Funds For Passive Investors, But Wait To Buy At A Discount