Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was previously known as Insured Municipal Income Fund, Inc. Special Opportunities Fund, Inc. was formed on February 18, 1993 and is domiciled in the United States.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:SPE
Previous Symbol
CUSIPN/A
WebN/A
PhoneN/A
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares8,500,000
Market Cap$116.55 million
OptionableNot Optionable
Special Opportunities Fund (NYSE:SPE) Frequently Asked Questions
What is Special Opportunities Fund's stock symbol?
Special Opportunities Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPE."
How often does Special Opportunities Fund pay dividends? What is the dividend yield for Special Opportunities Fund?
Special Opportunities Fund declared an annual dividend on Monday, December 10th. Stockholders of record on Wednesday, December 19th will be given a dividend of $0.27 per share on Monday, December 31st. This represents a dividend yield of 1.99%. The ex-dividend date is Tuesday, December 18th. This is a positive change from Special Opportunities Fund's previous annual dividend of $0.20. View Special Opportunities Fund's Dividend History.
What price target have analysts set for SPE?
1 Wall Street analysts have issued 1-year price objectives for Special Opportunities Fund's shares. Their forecasts range from $9.75 to $9.75. On average, they anticipate Special Opportunities Fund's stock price to reach $9.75 in the next year. This suggests that the stock has a possible downside of 28.2%. View Analyst Price Targets for Special Opportunities Fund.
What is the consensus analysts' recommendation for Special Opportunities Fund?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Special Opportunities Fund in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Special Opportunities Fund.
Has Special Opportunities Fund been receiving favorable news coverage?
Media headlines about SPE stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Special Opportunities Fund earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned press coverage about the closed-end fund a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.
Who are some of Special Opportunities Fund's key competitors?
Some companies that are related to Special Opportunities Fund include BlackRock MuniYield New York Insured Fnd (MYN), Dreyfus Strategic Muni. (LEO), Blackrock Muniyld California Quty Fd (MCA), Putnam Municipal Opportunities Trust (PMO), MFS Intermediate Income Trust (MIN), DWS Municipal Income Trust (KTF), Strategic Global Government Fund Inc. Closed-End Fund (RCS), VanEck Vectors Biotech ETF (BBH), Blackrock Muniyield Quality Fund (MQY), BlackRock MuniHoldings New Jersey Ins Fn (MUJ), Blackrock Muniholdings New York Qulty Fd (MHN), Putnam Managed Municipal Income Trust (PMM), Blackrock Muniyield Michign Qulty Fd (MIY), Tekla Life Sciences Investors (HQL) and MFS Multimarket Income Trust (MMT).
Who are Special Opportunities Fund's key executives?
Special Opportunities Fund's management team includes the folowing people:
- Mr. Phillip Franklin Goldstein, Chairman and Sec. (Age 73)
- Mr. Andrew Dakos, Pres and Interested Director (Age 52)
- Mr. Gerald Hellerman, Chief Compliance Officer and Interested Director (Age 81)
- Mr. Thomas Antonucci, Chief Financial Officer (Age 49)
- Mr. Rajeev Probir Das CFA, Treasurer and VP (Age 49)
Who are Special Opportunities Fund's major shareholders?
Special Opportunities Fund's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ancora Advisors LLC (2.65%). Company insiders that own Special Opportunities Fund stock include Gerald Hellerman and Phillip Goldstein. View Institutional Ownership Trends for Special Opportunities Fund.
Which major investors are selling Special Opportunities Fund stock?
How do I buy shares of Special Opportunities Fund?
Shares of SPE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Special Opportunities Fund's stock price today?
One share of SPE stock can currently be purchased for approximately $13.57.
How big of a company is Special Opportunities Fund?
Special Opportunities Fund has a market capitalization of $116.55 million.
MarketBeat Community Rating for Special Opportunities Fund (NYSE SPE)
MarketBeat's community ratings are surveys of what our community members think about Special Opportunities Fund and other stocks. Vote "Outperform" if you believe SPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPE will underperform the S&P 500 over the long term. You may vote once every thirty days.
