Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF)
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.
Industry: Asset Management
Cohen & Steers Closed-End Opportunity Fund, Inc.
NYSE:FOFFinancial Services · Asset Management
+0.33%$12.07
AH Close$12.07+0.00%vs close
AH Close$12.07+0.00%vs close
Mkt Cap$335.23M
Float27.67M
O/S27.77M
Inst Own19.2%
SI0.1%
Div Yield8.65%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$34.83M
Net Income$62.98M
Total Assets$366.86M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$366.56M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FOF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$366.86M
Liabilities$292K
Accounts Receivable$3.18M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Revenue | $34.83M | $60.61M | $4.12M | $13.33M | $54M | -$6.2M | $82.79M | -$34.48M | $55.49M |
| YoY Growth | -42.5% | 1370.5% | -69.1% | -75.3% | -971.5% | -107.5% | -340.1% | -162.1% | - |
| Cost of Revenue | $3.24M | $3.03M | $32.75M | $3.06M | $3.56M | $3.01M | $3.37M | $3.43M | $3.51M |
| Gross Profit | $31.58M | $60.61M | -$28.63M | $10.28M | $50.45M | -$9.21M | $79.42M | -$37.91M | $51.98M |
| Gross Margin | 90.7% | 100.0% | -694.6% | 77.1% | 93.4% | 148.6% | 95.9% | 109.9% | 93.7% |
| Research and Development | $0 | $0 | $0 | -$5 | $0 | $0 | $5 | $0 | $0 |
| Selling, General, and Administrative | $0 | $15K | $11K | $13K | $17K | $18K | $21K | $25K | $30K |
| Other | -$31.4M | -$15K | $34.09M | $79.44M | -$15.54M | $4.28M | -$69.69M | -$25K | -$30K |
| Total Operating Expenses | -$31.4M | $15K | $34.1M | $79.45M | -$15.52M | $4.3M | -$69.67M | $0 | -$7 |
| Operating Income (EBIT) | $62.98M | $60.59M | -$62.73M | -$69.17M | $65.96M | $4.3M | $82.79M | -$34.48M | $55.49M |
| Operating Margin | 180.8% | 100.0% | -1522.1% | -518.7% | 122.1% | -69.4% | 100.0% | 100.0% | 100.0% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $12.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $225 | $15K | $96.83M | -$1K | -$1K | -$1K | $0 | $0 | $0 |
| Income Before Tax (EBT) | $62.98M | $60.61M | $34.1M | -$69.17M | $65.96M | $4.3M | $82.79M | -$34.48M | $55.49M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$43K |
| Net Income | $62.98M | $60.61M | $34.1M | -$69.17M | $65.96M | $4.3M | $82.79M | -$34.48M | $55.49M |
| Net Income Margin | 180.8% | 100.0% | 827.5% | -518.7% | 122.1% | -69.4% | 100.0% | 100.0% | 100.0% |
| Supplementary Data | |||||||||
| EPS | 2.27 | 2.19 | 1.24 | -2.52 | 2.41 | 0.16 | 3.04 | -1.27 | 2.04 |
| Diluted EPS | 2.27 | 2.19 | 1.24 | -2.52 | 2.41 | 0.16 | 3.04 | -1.27 | 2.04 |
| Weighted Average OS | 27.75M | 27.66M | 27.50M | 27.42M | 27.35M | 27.24M | 27.22M | 27.15M | 27.20M |
| EBITDA | $62.98M | $60.61M | $130.94M | -$69.17M | $65.96M | $4.3M | $82.79M | -$34.48M | $55.49M |
| EBITDA Margin | 180.8% | 100.0% | 3177.0% | -518.7% | 122.1% | -69.4% | 100.0% | 100.0% | 100.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $18K | $0 | $65K | $251K | $234K | $480K | $878K | $240K | $479K |
| Short-Term Investments | $7.17M | $0 | $1.74M | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7.18M | $0 | $1.81M | $251K | $234K | $480K | $878K | $240K | $479K |
| Accounts Receivable | $3.18M | $1.92M | $1.14M | $1.2M | $812K | $2.55M | $828K | $781K | $716K |
| Inventory | $0 | $0 | $0 | $3.52M | $3.14M | $7.04M | $6.67M | $9.85M | $14.67M |
| Other Current Assets | $0 | -$1.92M | -$1.74M | -$3.52M | -$3.14M | -$7.04M | -$6.67M | -$9.85M | -$14.67M |
| Total Current Assets | $10.36M | $0 | $1.21M | $1.45M | $1.05M | $3.03M | $1.71M | $1.02M | $1.2M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $356.5M | $330.25M | $295.36M | $290.45M | $387.34M | $349.15M | $374.97M | $317.89M | $380.68M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $124 | -$330.25M | $1.74M | $291.65M | $388.15M | $0 | $0 | -$317.89M | -$380.68M |
| Total Long-Term Assets | $356.5M | $332.17M | $297.1M | $290.45M | $387.34M | $349.15M | $374.97M | $317.89M | $380.68M |
| Other Assets | $0 | $332.17M | $0 | $1K | $1K | $1K | $2K | $2K | $3K |
| Total Assets | $366.86M | $332.17M | $298.3M | $291.9M | $388.39M | $352.18M | $376.68M | $318.92M | $381.88M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $0 | $851K | $222K | $451K | $0 | $2.78M | $3.39M | $165K | $200K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$292K | -$1.12M | $0 | $0 | -$305K | -$276K | -$296K | -$427K | -$501K |
| Total Current Liabilities | $0 | $0 | $222K | $451K | $0 | $2.78M | $3.39M | $165K | $200K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $292K | $0 | $239K | $242K | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $292K | $0 | $239K | $242K | $308K | $3.05M | $3.68M | $427K | $501K |
| Other Liabilities | $0 | $1.12M | $0 | -$208K | $0 | -$3.05M | -$3.68M | -$165K | -$200K |
| Total Liabilities | $292K | $1.12M | $461K | $693K | $308K | $2.78M | $3.39M | $427K | $501K |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.36M |
| Common Stock | $293.65M | $292.11M | $309.07M | $325.26M | $336.32M | $335.1M | $355.36M | $369.46M | $389.43M |
| Retained Earnings | $72.91M | $38.94M | -$11.23M | -$34.05M | $51.76M | $14.03M | $17.63M | -$50.97M | -$683K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.36M |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.36M |
| Total Equity | $366.56M | $331.05M | $297.84M | $291.21M | $388.08M | $349.13M | $372.99M | $318.49M | $381.38M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $366.86M | $332.17M | $298.3M | $291.9M | $388.39M | $351.91M | $376.38M | $318.92M | $381.88M |
| Supplementary Data | |||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$18K | $0 | -$65K | -$251K | -$234K | -$480K | -$878K | -$240K | -$479K |
Cash Flow Statement
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | ||||
| Net Income | -$69.17M | $65.96M | $4.3M | $82.79M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||
| Accounts Receivable | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $69.17M | -$65.96M | -$4.3M | -$82.79M |
| Net Cash from Operating | $0 | $0 | $0 | $0 |
| Investing Activities | ||||
| Capital Expenditures | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 |
| Financing Activities | ||||
| Debt Repaid | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Change in Cash | $17K | -$246K | -$398K | $637K |
| Supplementary Data | ||||
| Operating Cash Flow | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 |
| Cash at Beginning | $234K | $480K | $878K | $240K |
| Cash at End | $251K | $234K | $480K | $878K |