NEW YORK, Nov. 26, 2024 /PRNewswire/ — This press release offers shareholders of Cohen & Steers (NYSE:) Closed-Finish Alternative (SO:) Fund, Inc. (NYSE:  FOF) (the “Fund”) with info concerning the sources of the distribution to be paid on November 29, 2024 and cumulative distributions paid fiscal year-to-date.

In December 2021, the Fund applied a managed distribution coverage in accordance with exemptive aid issued by the Securities and Trade Fee. The managed distribution coverage seeks to ship the Fund’s long-term whole return potential by common month-to-month distributions declared at a set charge per widespread share. The coverage provides the Fund higher flexibility to understand long-term capital good points all year long and to distribute these good points on a daily month-to-month foundation to shareholders. The Board of Administrators of the Fund could amend, terminate or droop the managed distribution coverage at any time, which might have an opposed impact available on the market price of the Fund’s shares.

The Fund’s month-to-month distributions could embody long-term capital good points, short-term capital good points, web funding revenue and/or return of capital for federal revenue tax functions. Return of capital consists of distributions paid by the Fund in extra of its web funding revenue and web realized capital good points and such extra is distributed from the Fund’s belongings. A return of capital just isn’t taxable; reasonably, it reduces a shareholder’s tax foundation in his or her shares of the Fund. The quantity of month-to-month distributions could differ relying on numerous elements, together with adjustments in portfolio and market situations.

On the time of every month-to-month distribution, info shall be posted to cohenandsteers.com and mailed to shareholders in a concurrent discover. Nonetheless, this info could change on the finish of the yr as a result of the ultimate tax traits of the Fund’s distributions can’t be decided with certainty till after the tip of the calendar yr. Closing tax traits of the entire Fund’s distributions shall be supplied on Type 1099-DIV, which is mailed after the shut of the calendar yr.

The next desk units forth the estimated quantities of the present distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All quantities are expressed per widespread share.

You shouldn’t draw any conclusions in regards to the Fund’s funding efficiency from the quantity of this distribution or from the phrases of the Fund’s managed distribution coverage. The Fund estimates that it has distributed greater than its revenue and capital good points; due to this fact, a portion of your distribution could also be a return of capital. A return of capital could happen, for instance, when some or the entire cash that you just invested within the Fund is paid again to you. A return of capital distribution doesn’t essentially replicate the Fund’s funding efficiency and shouldn’t be confused with ‘yield’ or ‘revenue’. The quantities and sources of distributions reported on this Discover are solely estimates, are prone to change over time, and should not being supplied for tax reporting functions. The precise quantities and sources of the quantities for accounting and tax reporting functions will depend on the Fund’s funding expertise in the course of the the rest of its fiscal yr and could also be topic to adjustments based mostly on tax rules. The quantities and sources of distributions year-to-date could also be topic to further changes.

THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES