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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Cohen & Steers Future of Energy Fund, Inc.

MLOZX | Fund

$8.55

$117 M

2.58%

$0.22

1.16%

Vitals

YTD Return

8.3%

1 yr return

16.4%

3 Yr Avg Return

18.3%

5 Yr Avg Return

6.6%

Net Assets

$117 M

Holdings in Top 10

65.7%

52 WEEK LOW AND HIGH

$8.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.16%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 94.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Cohen & Steers Future of Energy Fund, Inc.

MLOZX | Fund

$8.55

$117 M

2.58%

$0.22

1.16%

MLOZX - Profile

Distributions

  • YTD Total Return 8.3%
  • 3 Yr Annualized Total Return 18.3%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.16%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Cohen & Steers Future of Energy Fund, Inc.
  • Fund Family Name
    COHENSTEER
  • Inception Date
    Dec 20, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Z
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Benjamin Morton

Fund Description

Under normal market conditions, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of energy companies, including traditional-, alternative-, renewable- and clean-energy companies, natural resource companies, utilities, and companies in associated businesses (collectively, “Energy and Energy-Related Companies”) (as further defined below). The Fund will seek to invest in Energy and Energy-Related Companies that the Advisor believes are leading, enabling, supplying, disrupting, or otherwise benefiting from transitional or longer-term structural changes to the global energy sector, such as changes resulting from shifting demand and supply of traditional and alternative energy sources, increasing emphasis on storage, resilience, and security of supply, and other developments in technologies, regulations, and behaviors affecting the energy sector. Equity securities include common stocks, rights or warrants to purchase common stocks, convertible securities, preferred stocks depositary receipts, private investments in public equity (“PIPEs”), and private placements. The Fund may invest in equity securities of Energy and Energy- Related Companies of any market capitalization. “Energy and Energy-Related Companies” may also include:(i) Securities of companies that own or otherwise engage in activities related to energy in the U.S., such as assets related to exploration, development, mining, production, transmission, infrastructure, processing, refining, storage, gathering, distribution, marketing, and transportation (including pipelines) of oil and gas, minerals, geothermal energy, renewable energy, liquefied natural gas (“LNG”), fertilizer, timer or industrial source carbon dioxide;(ii) securities of renewable companies that are owners or operators of “clean” assets, as well as those developing technologies, products, processes and services relating to more efficient or cleaner use, storage, delivery, management, conservation or conversion of natural resources or products derived therefrom or the transition to cleaner and more efficient use of natural resources or products derived therefrom;(iii) Utilities, including gas, water, cable, electrical and telecommunications utilities;(iv) Energy and Energy-Related Companies that are organized as Master Limited Partnerships (“MLPs”) and limited liability companies that are publicly traded and treated as partnerships or C corporations for U.S. federal income tax purposes. Direct investments in MLPs may take the form of debt or equity, including, without limitation, common units, preferred units, convertible subordinated units, PIPEs, and securities of affiliates of MLPs, substantially all of whose assets consist of units or ownership interests of an affiliated MLP (which includes, without limitation, general partner interests, incentive distribution rights, common units and subordinated units);(v) securities of exchange-traded, open-end or closed-end funds that invest primarily in other Energy or Energy-Related Companies or their affiliates; and(vi) Instruments that provide economic exposure to each type of investment listed in items (i) through (v) above, including derivative instruments such as, among others, forward contracts, futures and options thereon, options and swaps.The Fund may also invest up to 50% of its net assets in foreign securities, including those issued by companies in emerging markets.The Fund may invest up to 20% of its net assets in investments that are not Energy and Energy-Related Companies.Debt securities issued by Energy and Energy-Related Companies may include those rated below investment grade (below Baa3 or BBB-) by Moody’s, S&P, Fitch or an equivalent rating by one nationally recognized statistical rating organization (“NRSRO”) or that are unrated but judged to be below investment grade by the Advisor at the time of purchase. Such securities are commonly known as “high yield bonds” or “junk bonds.” The Fund may invest in debt securities without regard to their maturity or credit rating.The Fund may, but is not required to, use derivative instruments to seek to generate return, facilitate portfolio management and mitigate risks.
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MLOZX - Performance

Return Ranking - Trailing

Period MLOZX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% 1.2% 14.6% 65.71%
1 Yr 16.4% -1.6% 33.2% 83.81%
3 Yr 18.3%* 4.5% 34.4% 76.24%
5 Yr 6.6%* -8.5% 33.0% 80.00%
10 Yr 2.0%* -6.4% 10.8% 49.15%

* Annualized

Return Ranking - Calendar

Period MLOZX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -14.9% 18.2% 71.96%
2022 16.7% -7.0% 29.9% 33.65%
2021 34.7% 4.2% 55.3% 24.04%
2020 -32.3% -57.4% 155.1% 42.72%
2019 5.9% -8.9% 20.8% 42.39%

Total Return Ranking - Trailing

Period MLOZX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% 1.2% 14.6% 65.71%
1 Yr 16.4% -1.6% 33.2% 83.81%
3 Yr 18.3%* 4.5% 34.4% 76.24%
5 Yr 6.6%* -8.5% 33.0% 80.00%
10 Yr 2.0%* -6.4% 10.8% 49.15%

* Annualized

Total Return Ranking - Calendar

Period MLOZX Return Category Return Low Category Return High Rank in Category (%)
2023 10.5% -9.3% 25.5% 85.05%
2022 21.1% -1.2% 38.8% 58.65%
2021 39.1% 11.1% 56.2% 56.73%
2020 -26.8% -53.9% 155.1% 51.46%
2019 10.3% -3.4% 34.1% 59.78%

NAV & Total Return History

MLOZX - Holdings

Concentration Analysis

MLOZX Category Low Category High MLOZX % Rank
Net Assets 117 M 22 M 53.1 B 80.00%
Number of Holdings 42 16 175 21.10%
Net Assets in Top 10 75.1 M 19.6 M 3.1 B 77.98%
Weighting of Top 10 65.70% 40.8% 111.7% 47.71%

Top 10 Holdings

  1. TC Energy Corp 10.09%
  2. ONEOK Inc 9.59%
  3. Cheniere Energy Inc 8.58%
  4. Energy Transfer LP 8.10%
  5. Enterprise Products Partners LP 7.74%
  6. Targa Resources Corp 5.66%
  7. Phillips 66 5.25%
  8. Pembina Pipeline Corp 4.71%
  9. Marathon Petroleum Corp 3.22%
  10. Williams Cos Inc/The 2.75%

Asset Allocation

Weighting Return Low Return High MLOZX % Rank
Stocks 		97.80% 53.33% 133.88% 65.14%
Cash 		2.18% -58.21% 13.58% 29.36%
Other 		0.02% -36.30% 4.52% 4.59%
Preferred Stocks 		0.00% 0.00% 2.34% 22.02%
Convertible Bonds 		0.00% 0.00% 5.29% 18.35%
Bonds 		0.00% -0.01% 44.12% 20.18%

Stock Sector Breakdown

Weighting Return Low Return High MLOZX % Rank
Energy 		79.56% 53.73% 100.00% 84.40%
Utilities 		18.83% 0.00% 41.78% 11.01%
Financial Services 		0.66% 0.00% 0.66% 0.92%
Technology 		0.47% 0.00% 2.43% 11.01%
Industrials 		0.47% 0.00% 4.54% 21.10%
Real Estate 		0.00% 0.00% 3.96% 15.60%
Healthcare 		0.00% 0.00% 0.00% 15.60%
Communication Services 		0.00% 0.00% 0.00% 15.60%
Consumer Defense 		0.00% 0.00% 0.82% 16.51%
Consumer Cyclical 		0.00% 0.00% 13.46% 24.77%
Basic Materials 		0.00% 0.00% 6.40% 59.63%

Stock Geographic Breakdown

Weighting Return Low Return High MLOZX % Rank
US 		76.52% 48.92% 132.40% 87.16%
Non US 		21.29% 0.00% 26.09% 4.59%

MLOZX - Expenses

Operational Fees

MLOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.16% 0.35% 8.81% 87.04%
Management Fee 0.80% 0.35% 1.38% 13.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.04% 0.15% 18.18%

Sales Fees

MLOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

MLOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MLOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 94.00% 6.00% 166.00% 84.47%

MLOZX - Distributions

Dividend Yield Analysis

MLOZX Category Low Category High MLOZX % Rank
Dividend Yield 2.58% 0.00% 17.27% 14.78%

Dividend Distribution Analysis

MLOZX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

MLOZX Category Low Category High MLOZX % Rank
Net Income Ratio 1.16% -6.38% 9.57% 23.15%

Capital Gain Distribution Analysis

MLOZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

MLOZX - Fund Manager Analysis

Managers

Benjamin Morton

Start Date

Tenure

Tenure Rank

Dec 20, 2013

8.45

8.5%

Benjamin Morton, Executive Vice President, is Head of Global Infrastructure and a senior portfolio manager for Cohen & Steers' infrastructure portfolios, including those focused on master limited partnerships. He has 21 years of infrastructure-related investment experience. Prior to joining Cohen & Steers in 2003, Mr. Morton worked at Salomon Smith Barney as a research associate for three years, covering the utility and pipelines sectors. He also worked at New York Mercantile Exchange as a research analyst. Mr. Morton holds a BA from the University of Rochester and an MES from Yale University. He is based in New York.

Tyler Rosenlicht

Start Date

Tenure

Tenure Rank

Jan 12, 2015

7.39

7.4%

Tyler Rosenlicht, Senior Vice President, is a portfolio manager on the Global Listed Infrastructure team and serves as Head of Midstream Energy & MLPs. He has 12 years of investment experience. Prior to joining the firm in 2012, Mr. Rosenlicht was an investment banking associate with Keefe, Bruyette & Woods and an investment banking analyst with Wachovia Securities. Mr. Rosenlicht has a BA from the University of Richmond and an MBA from Georgetown University. He is based in New York.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 15.78 7.75 12.18

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