SPE - Special Opportunities Fund Adds Optionality To Income Portfolio

• SPE gives investors access to a broad equity portfolio with two layers of NAV discounts.  Additionally, activism and SPAC investments add optionality.
• SPE's management has been buying shares on the open market in recent months.  They already have more skin in the game than most CEF management teams.
• Unfortunately, SPE's complex strategy might cause it to trade at a constant discount.
• However, the growth of the underlying portfolio and steady distributions make it a good income investment at the right price.

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