SPE

Special Opportunities Fund
SPE

$13.74

0.65%

Market Cap: $148M

About: Special Opportunities Fund Inc is the United States based closed-ended diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds. In addition, it also makes investments in construction materials, consumer finance, healthcare equipment and supplies, independent power and renewable electricity producers, insurance, personal products, professional services and real estate investment trusts.

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 36 [Q1] → 36 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

17.41% less ownership

Funds ownership: 31.91% [Q1] → 14.5% (-17.41%) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 16

52% less capital invested

Capital invested by funds: $44M [Q1] → $21.2M (-$22.8M) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for SPE.

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about SPE published over the past 30 days

Notes On The 2024 Special Opportunities Fund Semi-Annual Shareholder Report

SPE outperformed the S&P 500 with a 15.45% return, aided by a 1.28% discount narrowing and strategic share repurchases. Increased SPAC allocation to 16.2%, reduced CEFs and BDCs, and saw successful activist outcomes with CMU, CXH, and DMA. New positions in Magellan Global Fund and Macy's, significant exposure to term trusts, and proactive shareholder proposals to enhance value.

Notes On The 2024 Special Opportunities Fund Semi-Annual Shareholder Report

Donny Osmond Celebrates Third Anniversary and Extends Las Vegas Residency at Harrah's Las Vegas

LAS VEGAS--(BUSINESS WIRE)--Legendary entertainer and music icon Donny Osmond celebrates the third anniversary of his award-winning solo show DONNY and extends his residency inside Harrah's Las Vegas Showroom at Harrah's Las Vegas through June of 2025. Osmond's show takes its audience through a dynamic, energy-filled musical journey of his unparalleled life as one of the most recognized entertainers in the world. Featuring the fan favorite “Auto-rap-ography” – a rap song accompanied by mileston.

Donny Osmond Celebrates Third Anniversary and Extends Las Vegas Residency at Harrah's Las Vegas

Special Opportunities Fund, Inc. Dividend Declaration

NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund's Board of Directors has declared a cash dividend of $0.171875 per share on the Fund's 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 30, 2024 to holders of record as of September 19, 2024.

Special Opportunities Fund, Inc. Dividend Declaration

Special Opportunities Fund, Inc. Dividend Declaration

NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund's Board of Directors has declared a cash dividend of $0.171875 per share on the Fund's 2.75% Convertible Preferred Stock, Series C. The dividend is payable on September 30, 2024 to holders of record as of September 18, 2024.

Special Opportunities Fund, Inc. Dividend Declaration

Special Opportunities Fund Declares Distributions For Third Quarter of 2024

NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund's Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund's managed distribution plan. Under the Fund's managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 8% (or 0.6667% per month) for 2024, based on the net asset value of $14.31 of the Fund's common shares as of December 31.

Special Opportunities Fund Declares Distributions For Third Quarter of 2024

BDJ And SPE: Double Digit Discounts And Monthly Distributions

Investing in closed-end funds offers opportunities to exploit discounts and premiums, potentially leading to increased upside. BlackRock Enhanced Equity Dividend Fund and Special Opportunities Fund are currently trading at large double-digit discounts, and that can make them compelling investment options. Both funds offer monthly distributions to investors as well, which can make it easier to be patient in holding these funds over the long term.

BDJ And SPE: Double Digit Discounts And Monthly Distributions

Special Opportunities Fund Announces Results of Annual Meeting of Stockholders of BNY Mellon Municipal Income

NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE) announced today that, at the annual meeting of stockholders of BNY Mellon Municipal Income (NYSE: DMF) held on June 12, 2024, (1) Phillip Goldstein, Andrew Dakos and Moritz Sell were elected as Class I Directors, (2) a non-binding proposal to declassify the Board was approved, and (3) a non-binding proposal to request that the Board consider measures to allow stockholders to monetize their shares at a price at.

Special Opportunities Fund Announces Results of Annual Meeting of Stockholders of BNY Mellon Municipal Income

SPE: Activist CEF With High Distributions Set To Grow

SPE Fund is managed by Bulldog Investors and focuses on exploiting pricing inefficiencies in other closed-end funds (CEFs) through activist campaigns. The fund offers diversification by investing in various asset classes, including SPACs, fixed income exposures, and different geographies. SPE has shown improved performance since last September, with a potential for higher dividends, making it a consideration for investors seeking stable monthly distributions.

SPE: Activist CEF With High Distributions Set To Grow

Special Opportunities Fund, Inc. Dividend Declaration

NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund's Board of Directors has declared a cash dividend of $0.171875 per share on the Fund's 2.75% Convertible Preferred Stock, Series C. The dividend is payable on June 28, 2024 to holders of record as of June 18, 2024.

Special Opportunities Fund, Inc. Dividend Declaration

Special Opportunities Fund Provides Update On FAST Acquisition Corp. Settlement

SADDLE BROOK, N.J.--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) is providing the following update regarding the settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. (“FAST”). Additional information regarding the lawsuit is also available on the settlement website. As previously stated, the proposed settlement, which has been approved by the court, provides for a gross cash payment of $12.5 million to former shareholders of.

Special Opportunities Fund Provides Update On FAST Acquisition Corp. Settlement

See News Rankings