Special Opportunities Fund, Inc. (NYSE:SPE – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, July 21st will be given a dividend of 0.1087 per share by the closed-end fund on Friday, July 31st. This represents a c) annualized dividend and a yield of 9.7%. The ex-dividend date is Tuesday, July 21st.
Special Opportunities Fund Stock Up 0.0%
Shares of NYSE SPE opened at $13.52 on Friday. Special Opportunities Fund has a 1-year low of $13.14 and a 1-year high of $15.98. The company has a 50-day moving average of $13.92 and a two-hundred day moving average of $14.38.
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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