This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Cohen & Steers MLP Income And Energy Opportunity Fund Declares Initial Quarterly Distribution And Announces May 9, 2013 Conference Call





NEW YORK, May 6, 2013 /PRNewswire/ -- The Board of Directors of Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (the "Fund") has declared the Fund's first quarterly dividend of $0.315 per common share. This distribution reflects an annualized distribution rate of 6.30%, based on the $20.00 per share IPO price. The ex-dividend and payable dates are June 18, 2013 and June 28, 2013, respectively, to holders of record on June 20, 2013.(1)

The Fund began trading on the NYSE on March 26, 2013 under the ticker MIE.



Portfolio Manager Conference Call   2:00 PM EDT on Thursday, May 9, 2013

Please join portfolio managers Bob Becker and Ben Morton for an update on the market for MLPs and other energy-related securities and a review of the Fund's strategy. The Fund's investment objective is to seek high current income, with a secondary objective of capital appreciation, by investing primarily in MLPs and other energy related securities.

The Fund's investment objective is to seek high current income, with a secondary objective of capital appreciation, by investing primarily in MLPs and other energy related securities.

Live Participant Dial In (Toll Free):  877-407-0778Replay Available Thursday May 9 at 5 pm EDTReplay Number (Toll Free): 877-660-6853Conference ID #: 413810



(1) The Fund currently intends to pay quarterly cash distributions at a level rate, which may be adjusted from time to time based on its projected performance, including changes in portfolio and market conditions.  The Fund expects that a portion of its distributions to shareholders will constitute a non-taxable return of capital.  This is because distributions from MLPs are attributed to various sources, including net investment income and return of capital.  A return of capital is a distribution that exceeds the Fund's current and accumulated earnings and profits which represents a return of the shareholder's original investment and should not be confused with "yield" or "income".  To the extent the Fund pays a return of capital, a shareholder's basis in Fund shares will be reduced, which will increase a capital gain or reduce a capital loss upon sale of those shares.  There is no assurance that the Fund will always be able to pay distributions of a certain size or that a distribution will consist solely of the Fund's current and accumulated earnings and profits.   

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,143.37 +11.40 0.07%
S&P 500 2,001.21 +2.23 0.11%
NASDAQ 4,559.1310 +6.3720 0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs