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

Special Opportunities Fund, Inc. (NYSE:SPE) announced a monthly dividend on Monday, April 13th. Stockholders 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) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date of this dividend is Tuesday, April 21st.

Special Opportunities Fund Trading Up 0.3%

Shares of SPE stock opened at $14.08 on Tuesday. The company has a 50 day moving average price of $14.37 and a 200-day moving average price of $14.91. Special Opportunities Fund has a 52 week low of $13.43 and a 52 week 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.