Cohen & Steers Closed-End Opportunity Fund, Inc.

Frequently Asked Questions About FOF

What does FOF invest in?

The Cohen & Steers Closed-End Opportunity Fund, Inc. is a closed-end fund of funds, launched by Cohen & Steers Inc. and managed by Cohen & Steers Capital Management, Inc. The fund's strategy involves investing in other funds that primarily focus on public equity markets. Additionally, it allocates capital to funds specializing in a diverse range of securities and sectors, including convertibles, preferred shares, high-yield debt, as well as real estate, energy, utility, and various other equity or income-generating strategies. To construct its portfolio, the fund seeks out undervalued opportunities among funds with a market capitalization typically above $200 million. It employs a systematic quantitative analysis approach, complemented by proprietary in-house research, to identify these investments across diversified sectors. The fund's performance is benchmarked against both the S&P 500 Index and the Morningstar U.S. All Taxable Ex-Foreign Equity Index. Established on September 14, 2006, the fund is registered and operates within the United States.

What is the expense ratio of FOF?

Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FOF?

Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) manages $335.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FOF actively managed or an index fund?

FOF is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FOF's is 0.95%) because there's no security selection cost.

When was FOF launched?

Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) launched in November 2006 and is managed by Cohen & Steers.

How has FOF performed?

FOF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.