| SPE: Looking For Diamonds In The Rough, But It Has Issues |
The Special Opportunities Fund is an investment I have looked at before, and was impressed with. I recommended it for income investors in the past. However, further review shows some cracks in the foundation, with odd reporting times and confusing tax paperwork where the fund managers contradict themselves. Despite this, the fund has proven to be a solid investment in the past, with a decent dividend record, and a unique asset mix that is not found in other funds. |
seekingalpha.com |
2025-05-12 13:37:39 |
Czytaj oryginał (ang.) |
| Shareholders of Tejon Ranch Co. Urged to Vote for an Accountable Board of Directors |
SADDLE BROOK, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- Special Opportunities Fund, Inc. (NYSE: SPE) and Bulldog Investors, LLP (together, “Bulldog”), holders of 2.1% of Tejon Ranch Co., urge shareholders of Tejon Ranch Co. (NYSE: TRC) (“Tejon”) to vote to elect Andrew Dakos, Phillip Goldstein, and Aaron Morris as directors. Bulldog strongly believes that electing these nominees to Tejon's ten-person Board of Directors, will result in greater transparency and accountability and a higher stock price. |
globenewswire.com |
2025-05-05 18:08:00 |
Czytaj oryginał (ang.) |
| My Income Portfolio: In The Garden Of Eden |
Total Return can be misleading if not supported by NAV growth, as it may include unsustainable distributions and Return of Capital. Behavioral finance shows markets are irrational, making it crucial to consider practical aspects beyond theoretical Total Return calculations. I believe that NAV performance can affect our discretion in the reinvestment choices for the distributions we receive from our savings much more than Total Return. |
seekingalpha.com |
2025-05-05 17:27:24 |
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| SPE: Potential Curve Ball For Bear Markets |
The Special Opportunities Fund offers a unique investment strategy by focusing on discounted CEFs, BDCs, and SPACs, potentially defying bearish market trends. SPE's high yield, primarily from CEF and BDC holdings, supports its dividend, but a deeper discount to NAV is needed for a Buy. The fund's healthy balance sheet, limited leverage, and strategic share repurchases enhance its intrinsic value and potential for positive returns. |
seekingalpha.com |
2025-05-01 05:19:33 |
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| Special Opportunities Fund Seeks to Elect Directors of Tejon Ranch Co. |
SADDLE BROOK, N.J., April 10, 2025 (GLOBE NEWSWIRE) -- Special Opportunities Fund, Inc., (SPE or the “Fund”) (NYSE: SPE), one of the largest shareholders of Tejon Ranch Co., (TRC or “Tejon”) (NYSE: TRC), announced that it is soliciting proxies to elect three independent directors of Tejon at its annual meeting of shareholders on May 13, 2025. |
globenewswire.com |
2025-04-10 18:34:00 |
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| Special Opportunities Fund Declares Distributions For Second Quarter of 2025 |
NEW YORK--(BUSINESS WIRE)--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 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. |
businesswire.com |
2025-04-04 18:04:00 |
Czytaj oryginał (ang.) |
| Special Opportunities Fund, Inc. Dividend Declaration |
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund's Board of Directors has declared a cash dividend of $0.171875 per share on the Fund's 2.75% Convertible Preferred Stock, Series C. The dividend is payable on March 31, 2025 to holders of record as of March 20, 2025. |
businesswire.com |
2025-03-14 12:17:00 |
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| My Income Portfolio: Financial Awareness |
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution. |
seekingalpha.com |
2025-03-10 15:50:52 |
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| SWZ: Will Be Converting To A 'Hedge Fund' Style CEF |
SWZ: Will Be Converting To A 'Hedge Fund' Style CEF |
seekingalpha.com |
2025-02-25 13:11:30 |
Czytaj oryginał (ang.) |
| SPE: Discount To NAV Normalized; Downgrade To Hold |
The Special Opportunities Fund (SPE) focuses on discounted closed-end funds, undervalued operating companies, and other special distributions to generate absolute returns. The SPE fund delivered 46% total returns since December 2023, outperforming the S&P 500. But with its discount to NAV normalized, forward returns are expected to be more modest. The SPE fund raised its 2025 distribution to $0.1098 / month, or an 8.4% forward yield. |
seekingalpha.com |
2025-02-11 11:15:53 |
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| My 9.5% Income Portfolio-Like Mosaic Tiles |
Our investments, usually conceived and implemented gradually over time, are the pieces of a personal mosaic that form the whole of our assets. One solution for entering the financial markets can be Dollar-Cost Averaging (DCA), a form of investing a constant amount at regular intervals. However, initiating a plan to buy stocks according to the logic of DCA presupposes awareness of the fluctuations in financial markets and their psychological implications. |
seekingalpha.com |
2025-02-04 14:02:15 |
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| Yes, You Can Retire On Dividends -- 2 Big Yields Up To 8.5% |
Create a portfolio that rains money into your account every month, so you don't need to worry any longer. Get buckets of income, not thimbles of income. Investors get caught trying to "beat everyone else" and fail to set real goals. |
seekingalpha.com |
2025-02-01 12:30:00 |
Czytaj oryginał (ang.) |
| SPE And PFO: Two 'Buy' Opportunities Based On Attractive Discounts |
Closed-end fund discounts/premiums, due to their structure, allow for potential opportunities to capitalize on mean reversion. CEFs also offer relatively higher distribution yields as they leverage their portfolios and payout sources of income, capital gains and/or return of capital. Today, we are giving SPE and PFO a look; these are two funds that, we believe, are attractively valued and provide monthly distribution to investors. |
seekingalpha.com |
2025-01-21 02:13:49 |
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| Special Opportunities Fund Declares Distributions For First Quarter of 2025 |
NEW YORK--(BUSINESS WIRE)--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 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. |
businesswire.com |
2025-01-06 14:33:00 |
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| My 9.5% Income Portfolio: Better With Less, But Better |
Risk is the probability of a negative event in the future. An abstract concept that is not measurable; otherwise it would not be risk. Ascertaining value is the first step in controlling risk, that is, in reducing the possibility of incurring losses that cannot be predicted in advance. My choice to invest in securities with positive NAV performance over time is a way to try to control risk. |
seekingalpha.com |
2024-12-30 16:05:36 |
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| Special Opportunities Fund, Inc. Dividend Declaration |
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund's Board of Directors has declared a cash dividend of $0.171875 per share on the Fund's 2.75% Convertible Preferred Stock, Series C. The dividend is payable on December 31, 2024 to holders of record as of December 19, 2024. |
businesswire.com |
2024-12-12 18:02:00 |
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| SPE: Stick With This Activist CEF As They Deliver On Recent Performance |
Special Opportunities Fund has shown significant improvement in 2024, achieving a total return of nearly 39%, outperforming the S&P 500's YTD return of 30%. Bulldog Investors' activist campaigns have successfully narrowed discounts in various CEFs, with potential for further narrowing into 2025, enhancing SPE's performance. Despite high management fees and costs, SPE's rising net assets and improved performance suggest a sustainable high distribution policy and potential for increased monthly distributions. |
seekingalpha.com |
2024-11-29 06:03:04 |
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| Special Opportunities Fund, Inc. Annual Stockholders Meeting |
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE), announced today that its Annual Meeting of Stockholders will be held on December 11, 2024 at 11:00 a.m., Eastern time, at the offices of Blank Rome LLP, 1271 Avenue of the Americas, 16th Floor, New York, NY. Stockholders planning to attend the Meeting must register in advance by contacting John Buckel, U.S. Bank Global Fund Services at john.buckel@usbank.com no later than December 4, 2024 and agree to comply w. |
businesswire.com |
2024-11-18 17:55:00 |
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| My 9.5% Income Portfolio CEFs And Classic Cars |
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs. |
seekingalpha.com |
2024-11-18 02:43:51 |
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| 2 Ultra-Cheap Big Yields For Passive Recurrent Income |
I love to buy income that's on sale. We have two discounted funds to scoop up today. Own the basics of society and our economy, so money never stops pouring into your account. Don't get distracted by the latest fad; own the basics for the strongest income. |
seekingalpha.com |
2024-11-04 09:35:00 |
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| 2 Magnificent Picks For Recurrent Passive Income |
I gather as much safe recurring passive income as possible. My portfolio is built to be a self-reliant income-generating machine. Leveraging the skills of others to your benefit shouldn't be overlooked. |
seekingalpha.com |
2024-10-28 09:35:00 |
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| My 9.5% Income Portfolio-Fifty Shades Of Blue |
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus on the price of each security in my portfolio, comparing it with the lows and highs touched throughout its history. An overview of the path each one has taken from launch to current market quotation with a personal assessment of the possible room for maneuver from those values. |
seekingalpha.com |
2024-10-17 15:15:50 |
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| Special Opportunities Fund Declares Distributions For Fourth Quarter of 2024 |
NEW YORK--(BUSINESS WIRE)--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 8% (or 0.6667% per month) for 2024, based on the net asset value of $14.31 of the Fund's common shares as of December 31. |
businesswire.com |
2024-09-26 18:38:00 |
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| Braskem and WEAV3D® Awarded by the Society for Plastics Engineers (SPE) and American Composites Manufacturers Association (ACMA) |
PHILADELPHIA--(BUSINESS WIRE)-- #braskem--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and WEAV3D Inc., an advanced manufacturing and materials startup, today announced Braskem's and WEAV3D Inc.'s thermoplastic composite lattice technology, in partnership with the Clemson Composites Center at Clemson University, was selected Most Innovative Part. |
businesswire.com |
2024-09-25 12:00:00 |
Czytaj oryginał (ang.) |
| SPE: Solid Performance While Deep Discount Persists |
Special Opportunities Fund (SPE) offers exposure to a diversified portfolio managed by activist group Bulldog Investors, focusing on discounted closed-end funds. The fund's discount is quite attractive both on an absolute basis and a relative basis compared to its historical level. SPE's portfolio includes a focus on other CEFs but that also includes business development companies and special purpose acquisition companies as well. |
seekingalpha.com |
2024-09-24 17:13:58 |
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| Notes On The 2024 Special Opportunities Fund Semi-Annual Shareholder Report |
SPE outperformed the S&P 500 with a 15.45% return, aided by a 1.28% discount narrowing and strategic share repurchases. Increased SPAC allocation to 16.2%, reduced CEFs and BDCs, and saw successful activist outcomes with CMU, CXH, and DMA. New positions in Magellan Global Fund and Macy's, significant exposure to term trusts, and proactive shareholder proposals to enhance value. |
seekingalpha.com |
2024-09-12 05:59:33 |
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| Donny Osmond Celebrates Third Anniversary and Extends Las Vegas Residency at Harrah's Las Vegas |
LAS VEGAS--(BUSINESS WIRE)--Legendary entertainer and music icon Donny Osmond celebrates the third anniversary of his award-winning solo show DONNY and extends his residency inside Harrah's Las Vegas Showroom at Harrah's Las Vegas through June of 2025. Osmond's show takes its audience through a dynamic, energy-filled musical journey of his unparalleled life as one of the most recognized entertainers in the world. Featuring the fan favorite “Auto-rap-ography” – a rap song accompanied by mileston. |
businesswire.com |
2024-09-09 17:00:00 |
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| Special Opportunities Fund Declares Distributions For Third Quarter of 2024 |
NEW YORK--(BUSINESS WIRE)--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 8% (or 0.6667% per month) for 2024, based on the net asset value of $14.31 of the Fund's common shares as of December 31. |
businesswire.com |
2024-07-01 20:59:00 |
Czytaj oryginał (ang.) |
| BDJ And SPE: Double Digit Discounts And Monthly Distributions |
Investing in closed-end funds offers opportunities to exploit discounts and premiums, potentially leading to increased upside. BlackRock Enhanced Equity Dividend Fund and Special Opportunities Fund are currently trading at large double-digit discounts, and that can make them compelling investment options. Both funds offer monthly distributions to investors as well, which can make it easier to be patient in holding these funds over the long term. |
seekingalpha.com |
2024-07-01 20:16:32 |
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| Special Opportunities Fund Announces Results of Annual Meeting of Stockholders of BNY Mellon Municipal Income |
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE) announced today that, at the annual meeting of stockholders of BNY Mellon Municipal Income (NYSE: DMF) held on June 12, 2024, (1) Phillip Goldstein, Andrew Dakos and Moritz Sell were elected as Class I Directors, (2) a non-binding proposal to declassify the Board was approved, and (3) a non-binding proposal to request that the Board consider measures to allow stockholders to monetize their shares at a price at. |
businesswire.com |
2024-06-17 21:34:00 |
Czytaj oryginał (ang.) |
| SPE: Activist CEF With High Distributions Set To Grow |
SPE Fund is managed by Bulldog Investors and focuses on exploiting pricing inefficiencies in other closed-end funds (CEFs) through activist campaigns. The fund offers diversification by investing in various asset classes, including SPACs, fixed income exposures, and different geographies. SPE has shown improved performance since last September, with a potential for higher dividends, making it a consideration for investors seeking stable monthly distributions. |
seekingalpha.com |
2024-06-13 10:59:42 |
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| Special Opportunities Fund, Inc. Dividend Declaration |
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund's Board of Directors has declared a cash dividend of $0.171875 per share on the Fund's 2.75% Convertible Preferred Stock, Series C. The dividend is payable on June 28, 2024 to holders of record as of June 18, 2024. |
businesswire.com |
2024-06-07 20:47:00 |
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| Special Opportunities Fund Provides Update On FAST Acquisition Corp. Settlement |
SADDLE BROOK, N.J.--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) is providing the following update regarding the settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. (“FAST”). Additional information regarding the lawsuit is also available on the settlement website. As previously stated, the proposed settlement, which has been approved by the court, provides for a gross cash payment of $12.5 million to former shareholders of. |
businesswire.com |
2024-05-06 20:54:00 |
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| SPE: A Diversified Fund Trading At A Significant Discount |
The Special Opportunities Fund employs a value-oriented strategy and invests in undervalued assets across various markets. The fund has outperformed its peers over most timeframes and offers diversification through its allocation to a wide range of different closed-end funds (CEFs). SPE's current discount to NAV presents an attractive entry point for investors, and its diversification and solid performance make it a good option for those seeking value in a market dominated by growth stocks. |
seekingalpha.com |
2024-04-10 16:02:07 |
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