November 17, 2016 - By Hazel Jackson · 0 Comments
Cohen & Steers MLP Income & Energy Opportunity Fund (NYSE:MIE) institutional sentiment decreased to 0.75 in Q2 2016. Its down -0.19, from 0.94 in 2016Q1. The ratio is negative, as 12 funds opened new and increased equity positions, while 16 sold and reduced their stock positions in Cohen & Steers MLP Income & Energy Opportunity Fund. The funds in our partner’s database now have: 5.94 million shares, up from 5.78 million shares in 2016Q1. Also, the number of funds holding Cohen & Steers MLP Income & Energy Opportunity Fund in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 2 Reduced: 14 Increased: 9 New Position: 3.
Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. is a non-diversified, closed-end management investment company. The company has a market cap of $274.63 million. The Fund’s investment objective is to provide total return, consisting of high current income and price appreciation. It currently has negative earnings. Under normal market conditions, the Fund seeks to invest approximately 80% of its managed assets in energy-related master limited partnerships and companies that are involved in the exploration, production, gathering, transportation, processing, storage, refining, distribution or marketing of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or other energy sources.
About 88,325 shares traded hands. Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE) has risen 25.31% since April 15, 2016 and is uptrending. It has outperformed by 20.68% the S&P500.
Doliver Capital Advisors Inc. holds 2.14% of its portfolio in Cohen & Strs MLP Inc & Ergy Oprty Fd Inc for 246,333 shares. Cornerstone Advisors Inc owns 201,675 shares or 0.51% of their US portfolio. Moreover, Sit Investment Associates Inc has 0.34% invested in the company for 1.25 million shares. The Colorado-based Advisors Asset Management Inc. has invested 0.15% in the stock. Tfs Capital Llc, a Pennsylvania-based fund reported 31,841 shares.#img1#
More news for Cohen & Strs MLP Inc & Ergy Oprty Fd Inc (NYSE:MIE) were recently published by: Law360.com, which released: “Parsing The New Regulated Investment Company Regulations” on October 14, 2015. Gurufocus.com‘s article titled: “Why I Am Buying ONEOK” and published on June 29, 2015 is yet another important article.
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By Hazel Jackson