Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, October 20th will be given a dividend of $0.1087 per share by the closed-end fund on Friday, October 30th. This represents a $1.30 dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Tuesday, October 20th.
Special Opportunities Fund Stock Down 0.5%
NYSE:SPE 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 company has a 50-day moving average of $13.33 and a 200 day moving average of $13.69.
Special Opportunities Fund Company Profile
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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