Special Opportunities Fund, Inc. Announces Monthly Dividend of $0.11 (NYSE:SPE)

Key Points

• Monthly dividend of $0.1087 per share announced for Special Opportunities Fund (NYSE:SPE); investors of record on May 19 will be paid on May 29 and the payout implies an annualized yield of 9.3% (ex-dividend date May 19).
• Special Opportunities Fund is a closed-end fund investing across corporate capital structures with a focus on special situations and distressed/event-driven opportunities; shares opened at $14.08 with a 12‑month range of $13.43–$15.98 and 50/200‑day SMAs of $14.37/$14.91.

Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) announced a monthly dividend on Monday, April 13th. Investors of record on Tuesday, May 19th will be given a dividend of 0.1087 per share by the closed-end fund on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, May 19th.

Special Opportunities Fund Price Performance

NYSE SPE opened at $14.08 on Tuesday. The company's 50-day simple moving average is $14.37 and its 200 day simple moving average is $14.91. Special Opportunities Fund has a twelve month low of $13.43 and a twelve month high of $15.98.

Special Opportunities Fund Company Profile

Special Opportunities Fund NYSE: SPE is a closed-end management investment company that seeks to deliver attractive total return by investing across corporate capital structures. The fund primarily allocates capital to debt and equity securities of both public and private issuers, with a focus on special situations, distressed credits and event-driven opportunities.

The fund's flexible, multi-asset strategy allows portfolio managers to shift allocations among high-yield bonds, leveraged loans, convertible securities, preferred stock and equity positions.

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