Special Opportunities Fund, Inc. (NYSE:SPE) to Issue $0.11 Monthly Dividend

Key Points

• Special Opportunities Fund declared a monthly dividend of $0.1087 per share; shareholders of record on April 21 (ex-dividend April 21) will be paid on April 30, which corresponds to an annualized yield of 9.3%.
• Shares opened at $14.08, trading in a 52-week range of $13.43–$15.98, with a 50-day simple moving average of $14.37 and a 200-day simple moving average of $14.91.
• Special Opportunities Fund is a closed-end management company that pursues a flexible, multi-asset strategy across corporate capital structures, focusing on special situations, distressed credits and event-driven opportunities through allocations to high-yield bonds, leveraged loans, convertibles, preferreds and equities.

Special Opportunities Fund, Inc. (NYSE:SPE - Get Free Report) declared a monthly dividend on Monday, April 13th. Shareholders of record on Tuesday, April 21st will be paid a dividend of 0.1087 per share by the closed-end fund on Thursday, April 30th. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date is Tuesday, April 21st.

Special Opportunities Fund Stock Up 0.3%

Shares of Special Opportunities Fund stock opened at $14.08 on Tuesday. Special Opportunities Fund has a 52-week low of $13.43 and a 52-week high of $15.98. The company has a 50-day simple moving average of $14.37 and a two-hundred day simple moving average of $14.91.

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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