

Inspired by the horse race in the 2026 Palio di Siena, I made a financial move that I hope will be just as clever as the knight's move in chess. I decided to close out two positions in my Cupolone portfolio that I wasn't entirely convinced about, raising cash to reinvest when the opportunity arises. The purpose of this move is to use this liquidity in securities with better overall NAV performance and a greater likelihood of long-term success.

SEAWORLD TO BRING HORROR FRANCHISE "I KNOW WHAT YOU DID LAST SUMMER" TO HOWL-O-SCREAM THIS FALL PR Newswire ORLAND

BUSCH GARDENS TO BRING "ANACONDA" TO HOWL-O-SCREAM THIS FALL PR Newswire TAMPA, Fla. and WILLIAMSBURG, Va., July 3

The Special Opportunities Fund trades at a deep discount that has recently gotten deeper, making it a compelling 'Buy' despite recent underperformance. SPE's portfolio is heavily weighted toward other discounted CEFs and SPACs, providing diversification, but a couple of names have resulted in muted returns so far this year. That can be important because the fund's distribution policy is based on an 8% reset, and the fund has not been keeping up with the returns needed.

NEW YORK, July 01, 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.

New TALVEYÂ (talquetamab-tgvs) plus DARZALEX FASPROÂ (daratumumab and hyaluronidase-fihj) data demonstrate the strength of a bispecific combi

NEW YORK, April 13, 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 8% (or 0.6667% per month) for 2026, based on the net asset value of $16.31 of the Fund's common shares as of December 31, 2025.

Special Opportunities Fund (SPE) and Saba Capital Income & Opportunities Fund (BRW) both offer double-digit yields and discounts but differ in income sources and risk profiles. SPE is a fund-of-funds with engineered payouts, fee layering, and uneven, event-driven returns; BRW is more aggressive, complex, and relies on activist strategies and direct income. Neither SPE nor BRW acts as a compounder; both suffer from inconsistent distributions, complexity, and lack of price appreciation, keeping them at persistent discounts.