Cohen & Steers Closed-End Opportunity Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The fund's investment objective is total return, consisting of high current income and potential capital appreciation. The fund invests in the common stock of closed-end funds, selected by its investment manager, that invest significantly in equity or income-producing sectors, strategies and securities. Its ten holdings include Central Fund of Canada Ltd., Gabelli Equity Trust Inc., Western Asset High Income Fund II Inc., Eaton Vance Tax-Adv. Div. Income Fund, AllianceBernstein Income Fund, Gabelli Dividend & Income Trust, ASA Gold and Precious Metals Ltd., Alpine Global Premier Properties Fund, Eaton Vance Ltd. Dur. Income Fund and Eaton Vance Tax-Mgd. Buy-Write Opp. Fund. The Fund's investment manager is Cohen & Steers Capital Management, Inc. The Fund's sub-administrator and custodian is State Street Bank and Trust Company.