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Stock impact report

SPE: How To Profit From Activism In The Closed End Fund Space [Seeking Alpha]

Special Opportunities Fund, Inc (SPE) 
Company Research Source: Seeking Alpha
SPE currently offers a forward distribution yield of 8.73%, with a trailing 12-month yield around 13.5% due to a special year-end payout. The fund's 'double discount' approach allows investors to access assets at roughly 80 cents on the dollar, with management actively pursuing discount narrowing. I view SPE as a Weak Buy or Solid Hold at a 10% discount, but a Strong Buy if the discount widens to 12% or more. This idea was discussed in more depth with members of my private investing community, Yield Hunting: Alt Inc Opps. Learn More » catnap72/E+ via Getty Images The Special Opportunities Fund, Inc. ( SPE ) is run by Bulldog Investors and specializes in opportunistic investing in closed-end funds, BDCs, and SPACs. Bulldog Investors is a well-known closed-end fund activist. I usually attend the SPE shareholder More on my IG service George is a contributor to the investing group Yield Hunting: Alternative Income Opportunities , a premium service dedicated to income inve Show less Read more
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