Special Opportunities:SPE

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$12.38$13.73-9.83%
    52 Wk Avg$14.99$16.32-8.16%
    52 Wk High$16.27$17.26-4.39%
    52 Wk Low$11.89$13.21-17.76%
    Regular Distribution TypeIncome Only
    Distribution Rate10.66%
    Distribution Amount$0.1100
    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 7/3/2022

    Total Investment Exposure:$174.549M
    Total Common Assets:$174.549M
    Common Shares Outstanding:12,712,964
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management Fees1.13%
    Other Expenses:0.44%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.57%
    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): 45,416
    Average Daily Volume (USD): $0.681M
    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 7/3/2022

    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 12/31/2021
    -$0.0935
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    9.61%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -10.52%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    5.56%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    0.00%

    Pricing Information

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

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-8.45%
    1 Year-8.16%
    3 Year-10.53%
    5 Year-10.74%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month-0.58
    6 Month-0.89
    1 Year-1.14
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-16.06%-14.01%-21.77%-20.22%
    202124.49%14.78%31.33%22.95%
    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%  
    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%  
    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 6/30/2022
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/1/2022
    5.56%
    Number of Holdings:
    As of 3/31/2022
    232
    Annual Portfolio Turnover:
    As of 12/31/2021
    80.00%
    Asset Allocation

    As of 3/31/2022

    Top Sectors

    As of 3/31/2022

    Sector%Portfolio
    Cyclical (Super Sector)58.90%
    Financial Services49.09%
    Sensitive (Super Sector)19.44%
    Cash Equivalents (Super Sector)16.80%
    Cash Equivalents16.80%
    Corporate (Super Sector)15.63%
    Technology8.71%
    Energy6.36%
    Defensive (Super Sector)6.32%
    Preferred Stock6.12%
    State Allocation

    As of 3/31/2022

    State% Portfolio
    California1.58%
    Minnesota0.81%
    New York0.68%
    Puerto Rico0.38%
    Colorado0.36%
    Illinois0.17%
    Pennsylvania0.15%
    Texas0.13%
    Florida0.12%
    New Jersey0.09%
    Top Holdings

    As of 3/31/2022

    HoldingValue% Portfolio
    General American Investors$13.78M6.71%
    SRH Total Return Fund$13.50M6.57%
    Central Securities Corporation$8.67M4.22%
    Taiwan Fund$7.36M3.58%
    Texas Pacific Land Corp$5.95M2.90%
    Adams Diversified Equity Fund$5.92M2.88%
    INDUS Realty Trust Inc$5.33M2.59%
    Dividend and Income Fund$5.03M2.45%
    CION Invt Corp Ordinary Shares$4.89M2.38%
    Other Liability$-59.93M-29.17%
    Credit Quality

    As of 3/31/2022

    Maturity Breakdown

    As of 3/31/2022

    Country Allocation

    As of 3/31/2022

    Country% Portfolio
    United States - Equity76.59%
    United States - Fixed Income10.96%
    Taiwan - Equity3.20%
    Others - Fixed Income1.84%
    Switzerland - Equity1.45%
    Japan - Equity0.97%
    Mexico - Equity0.89%
    Canada - Equity0.76%
    United Kingdom - Equity0.63%
    Netherlands - Equity0.55%
    Indonesia - Fixed Income0.35%
    China - Equity0.33%
    Brazil - Fixed Income0.31%
    India - Fixed Income0.29%
    China - Fixed Income0.26%
    France - Equity0.24%
    Ireland - Equity0.21%
    Mexico - Fixed Income0.16%
    Germany - Equity0.15%
    South Korea - Fixed Income0.14%
    Colombia - Fixed Income0.12%
    Australia - Equity0.11%
    Russia - Equity0.11%
    Australia - Fixed Income0.08%
    Spain - Equity0.08%
    Thailand - Fixed Income0.08%
    Norway - Fixed Income0.08%
    Sweden - Equity0.07%
    Malaysia - Fixed Income0.07%
    Canada - Fixed Income0.06%
    Ireland - Fixed Income0.06%
    Brazil - Equity0.06%
    Philippines - Fixed Income0.06%
    France - Fixed Income0.06%
    Argentina - Fixed Income0.05%
    Others - Equity0.05%
    Hong Kong - Equity0.05%
    Peru - Fixed Income0.05%
    Turkey - Fixed Income0.05%
    Netherlands - Fixed Income0.04%
    Germany - Fixed Income0.04%
    South Africa - Fixed Income0.04%
    Singapore - Fixed Income0.04%
    South Korea - Equity0.04%
    Israel - Equity0.04%
    Chile - Fixed Income0.03%
    Denmark - Equity0.03%
    Italy - Equity0.03%
    Finland - Equity0.03%
    Singapore - Equity0.03%
    United Kingdom - Fixed Income0.03%
    Hong Kong - Fixed Income0.02%
    Pakistan - Fixed Income0.02%
    India - Equity0.02%
    Poland - Equity0.02%
    South Africa - Equity0.02%
    Austria - Equity0.02%
    Hungary - Fixed Income0.02%
    Hungary - Equity0.01%
    Israel - Fixed Income0.01%
    Venezuela - Fixed Income0.01%
    Turkey - Equity0.01%
    New Zealand - Equity0.01%
    Spain - Fixed Income0.01%
    Japan - Fixed Income0.01%
    Argentina - Equity0.01%
    Finland - Fixed Income0.01%
    Indonesia - Equity0.00%
    Switzerland - Fixed Income0.00%
    Denmark - Fixed Income0.00%
    Thailand - Equity0.00%
    Vietnam - Fixed Income0.00%
    Portugal - Equity0.00%
    Czech Republic - Equity0.00%
    Belgium - Fixed Income0.00%
    Sweden - Fixed Income0.00%
    Malaysia - Equity0.00%
    Norway - Equity0.00%
    Chile - Equity0.00%
    Italy - Fixed Income0.00%
    Taiwan - Fixed Income0.00%
    Russia - Fixed Income0.00%
    Peru - Equity0.00%
    Philippines - Equity0.00%
    Colombia - Equity0.00%
    Czech Republic - Fixed Income0.00%
    Poland - Fixed Income0.00%
    Greece - Equity0.00%
    Belgium - Equity0.00%

    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.

    EWB-2036301PR-E0222X