This report was co-produced with acamus for Yield Hunting's Marketplace Service. It was released March 4th to members.
Special Opportunities Fund (SPE) is a unique animal - we call it a hedge fund in a closed-end fund. Our thesis is that the fund provides low correlation to equity returns while providing a strong risk-reward trade-off. We believe the fund will move towards a monthly distribution payout helping to increase visibility and demand for the shares, closing the discount substantially.
George Spritzer had a great report on it 18 months ago where he went