Cohen & Steers MLP & Energy Opportunity Fund Named Mutual Fund of the Year by Alerian

NEW YORK, March 7, 2018 /PRNewswire/ -- Cohen & Steers MLP & Energy Opportunity Fund (Class A: MLOAX, Class I: MLOIX) was declared Mutual Fund of the Year at the 2018 Ammys, Alerian's awards recognizing excellence in the North American energy infrastructure industry.

Alerian, an independent provider of master limited partnership (MLP) and energy infrastructure market intelligence, bestowed the distinction on Cohen & Steers MLP & Energy Opportunity Fund for being the MLP mutual fund that generated the highest total return in 2017.

"We are honored to earn this recognition," said Tyler Rosenlicht, Senior Vice President and Portfolio Manager. "Our broad and diversified approach to investing in the midstream energy sector, supported by a team of energy infrastructure specialists, has a proven, long-term record of generating strong performance for our investors."

The award comes at a time when active management is more important than ever. The strengthening fundamental outlook for midstream businesses is occurring as companies are transitioning to a more sustainable business model, U.S. exports are increasing rapidly, institutional investor interest is rising and valuations—relative to history, equities, bonds and private market comparisons—are compelling. In our view, this presents an attractive opportunity to build or initiate allocations.

Cohen & Steers MLP & Energy Opportunity Fund takes a differentiated approach to investing in the midstream energy universe. The Fund's regulated investment company (RIC) structure opens the opportunity set for investors beyond MLPs to include a wide range of security types, including midstream corporations, general partners, Canadian energy infrastructure equities, and other companies with substantial exposure to midstream businesses. The RIC structure also offers potential tax advantages over C-corp mutual funds.

Out of the 99 share classes across all funds in Morningstar's Energy Limited Partnership category, MLOIX was the #1 fund in 2017 on an absolute basis. Since its December 20, 2013 inception through December 31, 2017, the Fund ranks in the 8^th percentile of all funds in its category, the third-best performing fund out of 20 funds.

Please consider the investment objectives, risks, charges and expenses of any Cohen & Steers fund carefully before investing. A summary prospectus and prospectus containing this and other information may be obtained, free of charge, by visiting cohenandsteers.com or by calling 800.330.7348. Please read the summary prospectus and prospectus carefully before investing.

Cohen & Steers MLP & Energy Opportunity Fund. The Fund is subject to special risk considerations similar to those associated with the direct ownership of MLPs. The Fund is classified as a "non-diversified" fund under the federal securities laws because it can invest in fewer individual companies than a diversified fund. However, the Fund must meet certain diversification requirements under the U.S. tax laws.

Performance data quoted represents past performance, which is no guarantee of future results. The comparison of the RIC v. C-corp structure pertains primarily to open-end funds. This information is provided for illustrative purposes only and should not be construed as legal or tax advice. You should consult your financial or tax advisor regarding your individual circumstances.

Website: cohenandsteers.com
Symbol:NYSE: CNS

About Cohen & Steers. Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Hong Kong, Tokyo and Seattle.

SOURCE Cohen & Steers