Special Opportunities:SPE

    Manage Alerts

    Overview

    As of 9/22/2021. NAV as of 9/17/2021.

     Share
    Price
    NAVPremium/
    Discount
    Current$15.79$16.83-5.58%
    52 Wk Avg$14.43$16.62-12.97%
    52 Wk High$16.06$18.55-5.38%
    52 Wk Low$11.25$12.92-20.17%
    Regular Distribution TypeIncome Only
    Distribution Rate8.17%
    Distribution Amount$0.1075
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to provide Total Return through opportunistic investing in securities of issuers and in other closed-end funds.

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$210.632M
    Total Common Assets:$197.806M
    Common Shares Outstanding:11,828,745
    Leverage

    As of 9/22/2021

    Preferred Share Assets: $12.826M
    Total Debt (USD): $39.840M
    Regulatory Leverage (USD): $12.826M
    Effective Leverage (USD): $12.826M
    Effective Leverage (%): 6.09%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees1.48%
    Other Expenses:0.65%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.13%
    Fund Management

    Fund Sponsor
    Bulldog Investors, LLC

    Portfolio Managers
    Andrew Dakos, Rajeev Das, Phillip Goldstein

    Basics
    Category: Equity-U.S. Equity
    Ticker: SPE
    NAV Ticker: XSPEX
    Average Daily Volume (shares): 45,790
    Average Daily Volume (USD): $0.678M
    Inception Date: 6/8/1993
    Inception Share Price: $15.00
    Inception NAV: $15.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/22/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2021
    $0.1407
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    7.71%
    Total Return on NAV (12 months):
    As of 9/22/2021
    28.61%
    Avg. Portfolio Coupon:
    As of 9/22/2021
    4.86%
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021
    6.09%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/23/2021

    PeriodAvg Discount
    6 Month-12.73%
    1 Year-12.97%
    3 Year-11.60%
    5 Year-11.14%
    Z-Score

    As of 9/22/2021

    PeriodZStat
    3 Month1.01
    6 Month1.55
    1 Year1.96
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD16.47%9.46%25.05%20.77%
    20205.00%9.28%8.80%9.76%
    201933.88%24.50%32.25%27.32%
    2018-10.55%-9.18%-11.89%-10.13%
    201718.71%15.88%22.72%19.06%
    20169.51%8.43%13.79%12.38%
    2015-6.13%-3.68%-7.45%-6.29%
    2014-3.59%-1.41%24.05%7.38%
    201331.27%21.44%37.23%30.01%
    201212.04%15.35%16.19%14.79%
    20111.89%0.90%-2.63%-1.36%
    20104.90%16.65%22.35%18.15%
    200947.44%21.79%50.91%28.82%
    2008-16.50%-12.30%  
    2007-0.31%0.56%  
    200610.69%5.56%  
    20052.37%3.68%  
    2004-0.25%3.77%  
    20039.46%5.36%  
    200210.33%9.18%  
    200110.94%5.49%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2021
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/17/2021
    4.86%
    Average Maturity:
    As of 3/31/2021
    11.13 yrs
    Number of Holdings:
    As of 3/31/2021
    159
    Annual Portfolio Turnover:
    As of 12/31/2020
    85.00%
    Average Bond Price:
    As of 3/31/2021
    $96.66
    Asset Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)65.74%
    Financial Services56.71%
    Corporate (Super Sector)27.61%
    Sensitive (Super Sector)18.94%
    Bank Loan14.27%
    Technology9.06%
    Preferred Stock7.42%
    Cash Equivalents (Super Sector)6.18%
    Cash Equivalents6.18%
    Defensive (Super Sector)5.47%
    Top Holdings

    As of 3/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Central Securities Corporation$13.81M8.72%
    General American Investors$11.45M7.23%
    Boulder Growth & Income$10.08M6.36%
    Source Capital Inc$8.85M5.59%
    SuRo Capital Corp$6.17M3.90%
    Voya Prime Rate Trust$5.81M3.67%
    Taiwan Fund$5.63M3.55%
    MS Emerging Markets Debt$4.54M2.87%
    Dividend and Income Fund$4.51M2.85%
    Other Liability$-50.13M-31.65%
    Credit Quality

    As of 3/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 3/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity82.48%
    United States - Fixed Income9.80%
    Taiwan - Equity3.37%
    Others - Fixed Income2.45%
    Japan - Equity1.55%
    United Kingdom - Equity1.29%
    Switzerland - Equity1.00%
    China - Equity0.58%
    Canada - Equity0.42%
    Mexico - Fixed Income0.32%
    Netherlands - Equity0.31%
    Indonesia - Fixed Income0.30%
    Ireland - Equity0.29%
    Canada - Fixed Income0.24%
    South Korea - Equity0.22%
    Brazil - Fixed Income0.20%
    South Africa - Equity0.17%
    Russia - Fixed Income0.15%
    South Korea - Fixed Income0.15%
    France - Equity0.15%
    Belgium - Equity0.15%
    Turkey - Fixed Income0.13%
    Brazil - Equity0.12%
    China - Fixed Income0.12%
    Hong Kong - Equity0.11%
    Argentina - Fixed Income0.10%
    Colombia - Fixed Income0.10%
    Germany - Equity0.09%
    India - Equity0.09%
    India - Fixed Income0.09%
    United Kingdom - Fixed Income0.08%
    Japan - Fixed Income0.08%
    Chile - Fixed Income0.07%
    Peru - Fixed Income0.07%
    Others - Equity0.06%
    Philippines - Fixed Income0.06%
    France - Fixed Income0.05%
    Russia - Equity0.05%
    South Africa - Fixed Income0.05%
    Israel - Equity0.04%
    Australia - Equity0.04%
    Colombia - Equity0.04%
    Mexico - Equity0.03%
    Norway - Fixed Income0.03%
    Netherlands - Fixed Income0.03%
    Thailand - Equity0.03%
    Hungary - Fixed Income0.03%
    Italy - Equity0.03%
    Spain - Equity0.03%
    Ireland - Fixed Income0.02%
    Indonesia - Equity0.02%
    Israel - Fixed Income0.02%
    Spain - Fixed Income0.02%
    Pakistan - Fixed Income0.02%
    Poland - Fixed Income0.02%
    Germany - Fixed Income0.02%
    Malaysia - Fixed Income0.01%
    Venezuela - Fixed Income0.01%
    Turkey - Equity0.01%
    Argentina - Equity0.01%
    Poland - Equity0.00%
    Switzerland - Fixed Income0.00%
    Sweden - Fixed Income0.00%
    Italy - Fixed Income0.00%
    Singapore - Fixed Income0.00%
    New Zealand - Equity0.00%
    Thailand - Fixed Income0.00%
    Norway - Equity0.00%
    Vietnam - Fixed Income0.00%
    Australia - Fixed Income0.00%
    Denmark - Equity0.00%
    Chile - Equity0.00%
    Belgium - Fixed Income0.00%
    Austria - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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