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

Special Opportunities Fund, Inc. (NYSE:SPE) declared a monthly dividend on Monday, September 28th. Shareholders of record on Tuesday, December 22nd will be paid a dividend of $0.1087 per share by the closed-end fund on Thursday, December 31st. This represents a $1.30 dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Tuesday, December 22nd.

Special Opportunities Fund Stock Performance

SPE opened at $12.87 on Tuesday. The company’s 50-day simple moving average is $13.33 and its two-hundred day simple moving average is $13.69. Special Opportunities Fund has a 52-week low of $12.76 and a 52-week high of $15.68.

Special Opportunities Fund Company Profile

Special Opportunities Fund, Inc (NYSE: SPE) is a diversified closed-end investment company. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

The fund invests primarily in closed-end funds, business development companies and other publicly traded securities. Its strategy may also include investments in special situations, including securities that may be undervalued, subject to corporate actions or involved in opportunities such as tender offers and other market events.

Special Opportunities Fund is advised by Bulldog Investors, LLC, an investment management firm known for specializing in closed-end funds and special situations.