Welcome to our dedicated page for Special Opportunities Fund news (Ticker: SPE), a resource for investors and traders seeking the latest updates and insights on Special Opportunities Fund stock.
Special Opportunities Fund, Inc. reports closed-end fund developments tied to distributions, preferred-stock dividends and portfolio-related shareholder activity. The NYSE-listed fund seeks total return and holds a diversified portfolio that can include investment companies, common and preferred stocks, bonds, notes, warrants, rights and other securities.
News releases commonly cover year-end distributions payable in cash and stock, tax characterization of capital-gain distributions, Board-declared dividends on the Fund’s 2.75% Convertible Preferred Stock, Series C, and public engagement involving issuers held by the Fund or affiliated Bulldog Investors accounts.
Special Opportunities Fund, Inc. (NYSE: SPE) has announced a quarterly cash dividend for its 3.50% Convertible Preferred Stock, Series B. The dividend amounts to $0.21875 per share and is set to be paid on March 31, 2021. This payment will be distributed to shareholders who are on record as of March 22, 2021.
Special Opportunities Fund (NYSE: SPE) announced the declaration of three monthly dividends as part of its managed distribution plan. The monthly distribution rate is set at an annual rate of 7%, amounting to $0.094 per share for January, February, and March 2021, based on a net asset value of $16.13. The record and payable dates for these dividends are specified for each month. The Fund may adjust its managed distribution plan based on investment income availability, and shareholders will receive tax composition details via Form 1099-DIV.
Special Opportunities Fund, Inc. (NYSE: SPE) has declared a quarterly cash dividend of $0.21875 per share on its 3.50% Convertible Preferred Stock, Series B. This dividend will be payable on December 31, 2020 to shareholders on record by December 21, 2020. This announcement underscores the Fund's commitment to providing returns to its investors.
Special Opportunities Fund, Inc. (NYSE: SPE) has scheduled its Annual Meeting of Stockholders for December 17, 2020, at 10:30 a.m. ET, to be held at the offices of Bulldog Investors in Saddle Brook, NJ. Stockholders must register in advance by December 10, 2020, and comply with COVID-19 protocols to attend in person. For those unable to attend, arrangements can be made to ask questions by phone. Further information about the Fund can be found on its website.
Special Opportunities Fund has declared its next three monthly dividends under its managed distribution plan. The Fund will distribute dividends at an annual rate of 7%, equating to 0.5833% per month, based on a net asset value of $16.06 as of December 31, 2019. Upcoming dividends are $0.094 for October, November, and December 2020, with record dates of October 16, November 17, and December 21, respectively, and payable dates of October 30, November 30, and December 31, 2020. The Board may amend or terminate the distribution plan at any time, impacting the market price of common shares.