Special Opportunities Fund Declares Distributions For Third Quarter of 2025

Rhea-AI Summary

Special Opportunities Fund (NYSE: SPE) has declared its monthly distributions for the third quarter of 2025 under its managed distribution plan. The Fund will distribute $0.1098 per share monthly for July, August, and September 2025, maintaining its annual distribution rate of 8% based on the net asset value of $16.47 as of December 31, 2024.

The distributions will include a combination of net investment income, net realized capital gains, and/or return of capital. The Board retains the right to modify or terminate the managed distribution plan without prior notice to stockholders.

Positive

• Consistent monthly distribution of $0.1098 per share maintained
• Significant 8% annual distribution rate based on NAV
• Clear schedule of distribution dates for Q3 2025

Negative

• Distributions may include return of capital, which is not income
• Actual distribution composition unknown until Form 1099-DIV

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) has 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 8% (or 0.6667% per month) for 2025, based on the net asset value of $16.47 of the Fund’s common shares as of December 31, 2024.

The next three distributions declared under the managed distribution plan are as follows:

Month	Amount		Record Date	Payable Date
July	$0.1098		July 22, 2025	July 31, 2025
August	$0.1098		August 19, 2025	August 29, 2025
September	$0.1098		September 16, 2025	September 30, 2025

Under the managed distribution plan, the Fund will distribute net investment income, net realized capital gains and/or return of capital. 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.

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.

Contacts

For information, please contact:
Thomas Antonucci, Bulldog Investors LLP (tantonucci@bulldoginvestors.com)

FAQ

What is Special Opportunities Fund's (NYSE: SPE) distribution amount for Q3 2025?

Special Opportunities Fund will distribute $0.1098 per share monthly for July, August, and September 2025.

When are SPE's Q3 2025 distribution payment dates?

The payment dates are July 31, 2025 for July, August 29, 2025 for August, and September 30, 2025 for September distributions.

What is Special Opportunities Fund's annual distribution rate for 2025?

The Fund maintains an annual distribution rate of 8% based on the net asset value of $16.47 as of December 31, 2024.

How does SPE's managed distribution plan work?

The plan distributes monthly payments consisting of net investment income, net realized capital gains, and/or return of capital, targeting an annual rate of 8% of NAV.

What are the record dates for SPE's Q3 2025 distributions?

The record dates are July 22 for July, August 19 for August, and September 16, 2025 for September distributions.