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NEW YORK, Jan. 27, 2021 /PRNewswire/ -- Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE; the "Fund"), announced today that its Board of Directors has approved Fund management's recommendation to seek stockholder approval for the liquidation and dissolution of the Fund.
The determination to seek the liquidation and dissolution of the Fund was based on an assessment of a variety of factors, including the challenging fundamental and market environment that closed-end MLP funds have faced for the last several years, the Fund's current level of assets and expenses, as well as a review of potential alternatives. Ultimately it was determined by Fund management and the Board of Directors that it was in the best interest of stockholders to liquidate the Fund.