Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, December 22nd will be given a dividend of $0.1087 per share by the closed-end fund on Thursday, December 31st. This represents a $1.30 annualized dividend and a dividend yield of 10.1%. The ex-dividend date is Tuesday, December 22nd.
Special Opportunities Fund Trading Down 0.5%
Special Opportunities Fund stock opened at $12.87 on Tuesday. Special Opportunities Fund has a 1-year low of $12.76 and a 1-year high of $15.68. The firm has a 50 day simple moving average of $13.33 and a 200 day simple moving average of $13.69.
About Special Opportunities Fund
Special Opportunities Fund, Inc (NYSE: SPE) is a diversified closed-end investment company. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.
The fund invests primarily in closed-end funds, business development companies and other publicly traded securities. Its strategy may also include investments in special situations, including securities that may be undervalued, subject to corporate actions or involved in opportunities such as tender offers and other market events.
Special Opportunities Fund is advised by Bulldog Investors, LLC, an investment management firm known for specializing in closed-end funds and special situations.
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