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

Special Opportunities Fund, Inc. (NYSE:SPE) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.1087 per share by the closed-end fund on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Tuesday, February 17th.

Special Opportunities Fund Stock Up 0.6%

Shares of Special Opportunities Fund stock opened at $15.04 on Friday. The business’s 50 day simple moving average is $15.05 and its two-hundred day simple moving average is $15.29. Special Opportunities Fund has a one year low of $12.72 and a one year 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.