Special Opportunities Fund Declares Distributions For First Quarter of 2026
Rhea-AI Summary
Special Opportunities Fund (NYSE: SPE) declared three monthly distributions under its managed distribution plan for 2026. The plan targets an annual rate of 8% (0.6667% per month) based on a net asset value of $16.31 per common share as of December 31, 2025.
Declared monthly amounts: $0.1087 per share for January, February and March 2026 with record dates of Jan 20, Feb 17, Mar 17, 2026 and payable dates of Jan 30, Feb 27, Mar 31, 2026.
The Fund may use long‑term capital gains and/or return of capital if investment income is insufficient and could make an additional year‑end distribution if income/gains exceed amounts distributed. The Board may amend or terminate the plan and will provide distribution composition estimates and final 1099‑DIV reporting.
Positive
- Annual target distribution of 8% based on NAV
- Declared $0.1087 monthly distribution Jan–Mar 2026
- Specified NAV $16.31 as of December 31, 2025
Negative
- Distributions may include return of capital if income is insufficient
- Board may amend or terminate the plan without prior notice
NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) -- 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 distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of
The next three distributions declared under the managed distribution plan are as follows:
| Month | Amount | Record Date | Payable Date | |
| January | January 20, 2026 | January 30, 2026 | ||
| February | February 17, 2026 | February 27, 2026 | ||
| March | March 17, 2026 | March 31, 2026 | ||
Under the managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital. To the extent that the Fund’s net investment income and net realized capital gains exceed the aggregate amount distributed pursuant to the managed distribution plan, the Fund may make an additional year-end distribution. No conclusions should be drawn about the Fund’s investment performance from the amount of the distributions. The Board may amend the terms of the managed distribution plan or terminate the plan at any time without prior notice to stockholders, which could have an adverse effect on the market price of the Fund’s common shares. The plan will be subject to periodic review by the Board, including a yearly review of the annual fixed rate to determine if an adjustment should be made.
The Fund will issue a notice to common stockholders that will provide an estimate of the composition of each distribution. For tax reporting purposes the actual composition of the total amount of distributions for each year will continue to be provided on a Form 1099-DIV issued after the end of the year.
For information, please contact: Thomas Antonucci at tantonucci@bulldoginvestors.com.
FAQ
What monthly distribution did Special Opportunities Fund (SPE) declare for January through March 2026?
What annual distribution rate does SPE's managed distribution plan target for 2026?
What NAV did SPE use to calculate the 2026 managed distribution rate?
Will Special Opportunities Fund (SPE) ever pay distributions that are return of capital?
When are the record and payable dates for SPE's January 2026 distribution?
Could SPE change or end the managed distribution plan in 2026?
