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Special Opportunities Fund Declares Distributions For Third Quarter of 2025

1. SPE declares monthly distributions under managed distribution plan for 2025. 2. Annual distribution rate set at 8%, based on NAV of $16.47. 3. Distributions for July, August, and September will be $0.1098 each. 4. Board may amend or terminate the distribution plan at any time. 5. Composition of distributions will be provided for tax reporting.

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FAQ

Why Bullish?

The declaration of an 8% annual distribution is likely to attract income-focused investors, enhancing demand for SPE. Historically, stocks with consistent distributions often experience price appreciation and stability.

How important is it?

The managed distribution plan and its rates attract attention and could influence buy/sell decisions significantly due to income orientation among investors.

Why Short Term?

Immediate investor interest can boost share price as distributions are announced. However, long-term effects depend on the sustainability of the distribution plan.

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VIGSPYIDV
July 08, 2025 16:35 ET  | Source: Special Opportunities Fund, Inc. NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) has announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan. Under the Fund’s managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 8% (or 0.6667% per month) for 2025, based on the net asset value of $16.47 of the Fund’s common shares as of December 31, 2024. The next three distributions declared under the managed distribution plan are as follows: MonthAmountRecord DatePayable DateJuly$0.1098July 22, 2025July 31, 2025August$0.1098August 19, 2025August 29, 2025September$0.1098September 16, 2025September 30, 2025     Under the managed distribution plan, the Fund will distribute net investment income, net realized capital gains and/or return of capital. No conclusions should be drawn about the Fund’s investment performance from the amount of the distributions. The Board may amend the terms of the managed distribution plan or terminate the plan at any time without prior notice to stockholders. The Fund will issue a notice to common stockholders that will provide an estimate of the composition of each distribution. For tax reporting purposes the actual composition of the total amount of distributions for each year will continue to be provided on a Form 1099-DIV issued after the end of the year. Contacts For information, please contact: Thomas Antonucci, Bulldog Investors LLP (tantonucci@bulldoginvestors.com)

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