Special Opportunities Fund Declares Distributions for First Three Months of 2020
January 03, 2020 at 09:34 am
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Special Opportunities Fund, Inc. announced that the Fund’s Board of Directors has declared the next three monthly dividends under the Fund’s managed distribution plan. For the month of January, dividend amount is $0.094 with record date of January 17, 2020. Payable Date is January 31, 2020.
For the month of February, dividend amount is $0.094 with record date of February 18, 2020. Payable Date is February 28, 2020.
For the month of March, dividend amount is $0.094 with record date of March 17, 2020. Payable Date is March 31, 2020.
Special Opportunities Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is total return. The Fund invests primarily in securities, which have the opportunity for appreciation. The Fund may employ strategies designed to capture price movements generated by anticipated corporate events, such as investing in companies involved in special situations, including, but not limited to, mergers, acquisitions, asset sales, spin-offs, balance sheet restructuring, bankruptcy, liquidations, and tender offers. The Fund may, from time to time, engage in short sales of securities for investment or for hedging purposes. The Fund invests in closed-end funds, business development companies, preferred stocks, other common stocks, special purpose acquisition vehicles, corporate obligations, money market funds, warrants and rights, among others. Bulldog Investors, LLP is the investment adviser of the Fund.