Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) announced a monthly dividend on Monday, April 13th. Investors of record on Tuesday, June 16th will be given a dividend of 0.1087 per share by the closed-end fund on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date is Tuesday, June 16th.
Special Opportunities Fund Stock Up 0.3%
NYSE:SPE opened at $14.08 on Tuesday. The firm's 50 day moving average is $14.37 and its 200 day moving average is $14.91. Special Opportunities Fund has a 12 month low of $13.43 and a 12 month high of $15.98.
About Special Opportunities Fund
(
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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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