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SPE News and Press, Special Opportunities Fund Inc From 08/16/22

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Company Name: Special Opportunities Fund Inc
Stock Symbol: SPE
Market: NYSE

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SPE - Special Opportunities Fund Reaches Interim Agreement With FAST Acquisition Corp.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that the parties to litigation over the dissolution of FAST Acquisition Corp. (NYSE: FST) have reached an agreement to prevent the distribution of the Company’s net assets to Class B shares until the Court rules on whet...

SPE - Special Opportunities Fund Sues Insiders of FAST Acquisition Corp.

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has filed a class action lawsuit in the Delaware Court of Chancery against FAST Acquisition Corp. (NYSE: FST) to prevent certain insiders from appropriating FAST’s net assets through the dissolution of the Compa...

SPE - Weekly Closed-End Fund Roundup: VFL Tender Offer (July 24, 2022)

21 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. Saba scores a victory against VFL. VFL will tender 50% of its shares in December. Author’s note: This article was released to CEF/ETF Income Laboratory members on July...

SPE - CEF Focus Investing - The Art Of Waiting

CEF Focus Investing means selecting quality funds to have a steady stream of sustainable income over time. However, if we feel the imperative to stay fully invested in the market as it rises, we won’t have any cash to invest when prices fall. We should be aware that sooner ...

SPE - Eckes-Granini Selects Sopheon for Innovation and Sustainability Initiatives

MINNEAPOLIS, July 27, 2022 (GLOBE NEWSWIRE) -- Sopheon , the leading international provider of software and services for Enterprise Innovation Management solutions, today announced it has been selected by Eckes-Granini Group, the European market leader in fruit juices and fr...

SPE - Special Opportunities Fund: Bulldog Investors Show Some Bite Over The Full Cycle

Over the last 12 months, the Special Opportunities Fund has suffered less of a decline than the S&P 500 on a total return basis. Performance over 3 years and longer shows clear underperformance compared to the S&P 500. The objective of the fund is to achieve equity like re...

SPE - Special Opportunities Fund Declares Distributions For Third Quarter of 2022

Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan. Under the Fund’s ...

SPE - Buffett Explains Why Smart People Go Broke: Our CEF Criteria

We previously discussed Buffett's explanation for why smart people go broke. We then made the connection to why we generally don't buy CEFs. However, this does not mean that investors should never buy any CEFs under any circumstances. Back in March, we wrote : ...

SPE - Sopheon Market Momentum Accelerates in First Half of 2022

MINNEAPOLIS, June 22, 2022 (GLOBE NEWSWIRE) -- Sopheon , the leading international provider of software and services for Enterprise Innovation Management solutions, today announced that it has experienced impressive market momentum through the first portion of 2022. Exceptio...

SPE - Long-Term Investing--Simple, But Not Easy

Investing is simple: you just need to find quality titles, buy those titles at the lowest possible price, and keep them for the long term. Easy to say but not to do, at least for me, because I rank these steps in increasing order of difficulty. In this article I will describe, fro...

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