<SEC-DOCUMENT>0001193125-14-225105-index.html : 20140623
<SEC-HEADER>0001193125-14-225105.hdr.sgml : 20140623
<ACCEPTANCE-DATETIME>20140604114258
ACCESSION NUMBER:		0001193125-14-225105
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		11
CONFORMED PERIOD OF REPORT:	20140331
FILED AS OF DATE:		20140604
DATE AS OF CHANGE:		20140604
EFFECTIVENESS DATE:		20140604

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST OPPORTUNITY FUND INC
		CENTRAL INDEX KEY:			0000790202
		IRS NUMBER:				133341573
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04605
		FILM NUMBER:		14889740

	BUSINESS ADDRESS:	
		STREET 1:		2344 SPRUCE STREET
		STREET 2:		SUITE A
		CITY:			BOULDER
		STATE:			CO
		ZIP:			80302
		BUSINESS PHONE:		3034445483

	MAIL ADDRESS:	
		STREET 1:		2344 SPRUCE STREET
		STREET 2:		SUITE A
		CITY:			BOULDER
		STATE:			CO
		ZIP:			80302

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST FINANCIAL FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST SAVINGS & BANKING INSTITUTIONS FUND INC
		DATE OF NAME CHANGE:	19860402
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>d733740dncsr.htm
<DESCRIPTION>FIRST OPPORTUNITY FUND, INC.
<TEXT>
Document 1 - file: d733740dncsr.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE
<SEQUENCE>2
<FILENAME>d733740dex99code.htm
<DESCRIPTION>CODE OF ETHICS
<TEXT>
Document 2 - file: d733740dex99code.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>3
<FILENAME>d733740dex99cert.htm
<DESCRIPTION>SECTION 302 CERTIFICATIONS
<TEXT>
Document 3 - file: d733740dex99cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>4
<FILENAME>d733740dex99906cert.htm
<DESCRIPTION>SECTION 906 CERTIFICATIONS
<TEXT>
Document 4 - file: d733740dex99906cert.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g733740aa.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: g733740aa.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g733740boulder.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: g733740boulder.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g733740fund.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: g733740fund.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g733740g88l52.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: g733740g88l52.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g733740snap1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: g733740snap1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g733740snap3.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: g733740snap3.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>g733740ww.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 11 - file: g733740ww.jpg

</DOCUMENT>
</SEC-DOCUMENT>