Special Opportunities Fund Monthly Distributions
Special Opportunities Fund, Inc. (NYSE: SPE) has officially declared monthly distributions as part of its managed distribution plan. This decision comes from the Board of Directors, indicating a consistent flow of returns for stockholders in the months ahead.
Details of the Managed Distribution Plan
This structured distribution plan aims to benefit common stockholders through a versatile approach. The Fund is set to offer monthly distributions at an annual rate of 8%, which translates to approximately 0.6667% per month. As of recent evaluations, the net asset value stands at $16.47 for the common shares.
Upcoming Distribution Schedule
The next three monthly distributions under this managed distribution plan are specified as follows:
October Distribution
- Amount: $0.1098
Record Date: October 21, 2025
Payable Date: October 31, 2025
November Distribution
- Amount: $0.1098
Record Date: November 18, 2025
Payable Date: November 28, 2025
December Distribution
- Amount: $0.1098
Record Date: December 16, 2025
Payable Date: December 31, 2025
Nature of Distributions
The distributions are sourced from net investment income, net realized capital gains, and/or return of capital. Stockholders should note that the amount of these distributions should not be interpreted as an indicator of the Fund's investment performance, as the Board has the discretion to amend or terminate the distribution plan as necessary without prior notification.
Tax Reporting and Notifications
A notification will be sent to common stockholders aimed at detailing the composition of distributions. Moreover, for tax purposes, the comprehensive composition of these distributions will be provided through a Form 1099-DIV after the conclusion of the fiscal year.
Contact Information
If you have any inquiries regarding this announcement, please reach out to:
Thomas Antonucci, Bulldog Investors LLP
Email: tantonucci@bulldoginvestors.com
Frequently Asked Questions
What is the annual distribution rate for the Fund?
The Fund aims for an annual distribution rate of 8%, with monthly payments calculated at about 0.6667% per month.
When will the distributions for October, November, and December be paid?
The October distribution will be payable on October 31, 2025, followed by November on November 28, 2025, and December on December 31, 2025.
How are the distributions composed?
Distributions may consist of net investment income, net realized capital gains, and/or return of capital, based on the Fund's performance.
How will stockholders be informed about distribution details?
A notice will be sent out to stockholders providing the estimate of the composition of each distribution.
What tax documentation will be provided to stockholders?
The actual composition of total distributions for tax reporting will be reported on a Form 1099-DIV at the end of the year.
