SPE News and Press, Special Opportunities Fund Inc From 03/02/23

Summary As in Led Zeppelin’s famous song, for me, investments in high-dividend securities represent a kind of stairway to heaven. Indeed, their steady flow of money relieves psychological pressure during times of market uncertainty and helps me experience them with greater peace ...

Summary We have now closed on the first month of the new year, but my strategy of buying every month hasn't changed. The new year has started off with a bang, with the broader indexes jumping higher. However, there are still significant headwinds to consider through 2023 with a shif...

PITTSBURGH, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Sopheon, the global leader in Innovation Management software and expertise, announced the addition of Barnaby (Barney) Kent as a non-executive member of Sopheon’s Board of Directors. Kent becomes the seventh Sopheon Board member and the fou...

Summary Constantly swaying between narrative and reality, financial markets are supported and fueled by emotions, feelings, dreams, aspirations, and fears. When the narrative is shared, financial markets take a definite direction, drawing scenarios of growth or recession, as in the curr...

Special Opportunities Fund ( NYSE: SPE ) declares $0.0867/share monthly dividend , -21.2% decrease from prior dividend of $0.1100. Forward yield 9.16% Payable Jan. 31; for shareholders of record Jan. 20; ex-div Jan. 19. Payable Feb. 28; for shareholders of record F...

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 managed di...

Summary Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal. As for me, I hope I ...

Summary The Special Opportunities Fund is a special situations / activist hedge fund in a closed-end fund structure. The CEF has generated respectable long-term average annual returns of 6.8% over 10 years. However, with a large payout and poor investment performance in 2022, SPE's ...

Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has entered into a standstill agreement with Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) in connection with the proposed reorganization of DEX into abrdn Global Dynamic Dividend Fund (NYSE: AGD). Among othe...

Summary Ten months of this troubling 2022 have passed, and my overall portfolio is beginning to take its final shape. Some positions have long since been completed, while for others, I am taking small acquisition steps each time the market turns downward. In spite of everythin...