Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.1087 per share by the closed-end fund on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date is Tuesday, September 22nd.
Special Opportunities Fund Price Performance
Shares of NYSE:SPE opened at $13.12 on Friday. Special Opportunities Fund has a 1-year low of $13.02 and a 1-year high of $15.70. The business has a 50-day moving average price of $13.40 and a two-hundred day moving average price of $13.76.
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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