FOF: Now Trades At An Attractive Discount To NAV

Cain Lee
5.54K Followers
(12min)

Summary

  • Cohen & Steers Closed-End Opportunity Fund offers a blend of equities and income-focused assets, providing capital appreciation and consistent income, now trading at a discount to NAV.
  • FOF's diversified strategy includes equity, commodity, and fixed income funds, with significant exposure to financials, technology, and energy sectors, ensuring versatility and reduced concentration risk.
  • Despite market uncertainties and interest rate fluctuations, FOF has demonstrated strong fundamentals, consistent income generation, and resilience, making it attractive for long-term investors.
  • The fund's 9.2% dividend yield remains sustainable, supported by consistent net investment income and positive NAV growth, though interest rate risks persist for 2025.

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Tara Moore

Overview

Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) is a closed end fund that provides blended exposure between equities and income-focused assets. This blended approach allows FOF to provide the best of both worlds: capital appreciation and consistent

This article was written by

5.54K Followers
Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a highly efficient way to boost your investment income while still capturing a total return that follows traditional index funds. I create a hybrid system between growth and income and manage to still capture a total return that is on par with the S&P.Formerly: TheGamingDividend

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in FOF over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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