Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.1087 per share by the closed-end fund on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date is Tuesday, September 22nd.
Special Opportunities Fund Trading Up 0.3%
SPE stock opened at $13.55 on Thursday. The stock’s fifty day moving average is $13.94 and its two-hundred day moving average is $14.39. Special Opportunities Fund has a 1 year low of $13.14 and a 1 year high of $15.98.
About Special Opportunities Fund
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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