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SPE

Special Opportunities Fund, Inc.

https://www.specialopportunitiesfundinc.com

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Asset Management

Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was previously known as Insured Municipal Income Fund, Inc. Special Opportunities Fund, Inc. was formed on February 18, 1993 and is domiciled in the United States.

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Special Opportunities Fund, Inc. (NYSE:SPE) has dismissed its lawsuit against the board of directors of First Trust Dynamic Europe Equity Income Fund (NYSE:FDEU) following stockholder approval of a transaction to eliminate the trading discount in FDEU's shares and rescission of the control-share bylaw. However, SPE condemns the board's decision to seat two incumbent trustees of FDEU without a quorum.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:37 pm

Special Opportunities Fund, Inc. (NYSE:SPE) has reached a settlement of a class action lawsuit against FAST Acquisition Corp. The proposed settlement, subject to court approval, involves a cash payment of $12.5 million by the defendants. After accounting for litigation expenses, former common stockholders of FAST who received a pro rata liquidation payment should receive an additional payment of at least $0.50 per share in Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:31 pm

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