SPE News and Press, Special Opportunities Fund Inc From 04/23/21

Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offerings or anything that involves new shares being created. Both appear like they co...

Value names remain attractively positioned to benefit from the ongoing macroeconomic recovery and positive outlook. Importantly, the growth-to-value rotation remains in early stages relative to historical cycles. The construction of the S-Network Sector Dividend Dogs Index (SDOGX) all...

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 dividends under the Fund’s managed distribution plan. Under the Fund’s mana...

SPE has a distribution policy of 7% of NAV. This is attractive if the fund can support it. I continue a series where I examine CEFs beyond the yield with a look at SPE which offers exposure to SPACs. The current yield of 7.69% makes for an attractive purchase. For further de...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. The market downturn last year exposed the risk of high volatility and deep drawdowns with investing in close...

Special Opportunities Fund (SPE) declares $0.21875/share monthly dividend, 132.7% increase from prior dividend of $0.094.Forward yield 5.99%Payable March 31; for shareholders of record March 22; ex-div March 19. For further details see: Special Opportunities Fund raised monthly dividend...

Many investors are suspicious of closed-end funds' apparently magical ability to buy assets whose "natural" yield is, for example, 6%, and pay distributions of, say, 9%. Is there some sort of alchemy at work here? Often when things seem "too good to be true," they are too good to be t...

Low interest rates for much of the last ten years have made it much tougher for investors seeking income from traditional sources such as bonds. Despite a recent improvement in performance, midstream yields remain well above historical averages and are superior to other income-oriente...

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 dividends under the Fund’s managed distribution plan. Under the Fund’s mana...

SPE offers a more unique portfolio with a fund of funds approach, but also including a considerable amount of exposure to SPACs. SPACs were on fire this year, getting most of the headlines. Even with the exposure to SPACs, it appears SPE wasn't able to take advantage of their popu...