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Special Opportunities Fund, Inc. (NYSE: SPE - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $13.63 and traded as low as $12.59. Special Opportunities Fund shares last traded at $12.65, with a volume of 50,183 shares. Special Opportunities Fund Trading Up 0.4%
NEW YORK, Sept. 28, 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.
Special Opportunities Fund, Inc. (SPE) offers diversified exposure to SPACs, CEFs, and BDCs, with a 15% discount to NAV on common stock. SPE.PR.C convertible preferred shares yield approximately 7.1%, trade below par, and are protected by a 400%+ asset coverage ratio under the 1940 Act. I recommend buying SPE.PR.C at $24.80 or lower due to its high price sensitivity and low duration, making it a viable cash substitute.
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.