Special Opportunities Fund Inc (NYSE:SPE) Quarterly Sentiment Report

September 15, 2018 - By Mary Kidd

Sentiment for Special Opportunities Fund Inc (NYSE:SPE)

Special Opportunities Fund Inc (NYSE:SPE) institutional sentiment decreased to 0.89 in 2018 Q2. Its down -0.25, from 1.14 in 2018Q1. The ratio fall, as 8 active investment managers started new or increased stock positions, while 9 sold and decreased their holdings in Special Opportunities Fund Inc. The active investment managers in our partner’s database now possess: 2.03 million shares, down from 2.04 million shares in 2018Q1. Also, the number of active investment managers holding Special Opportunities Fund Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 7 Increased: 6 New Position: 2.

Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. The company has market cap of $128.01 million. It invests in close-ended funds investing in public equity and fixed income markets. It has a 6.09 P/E ratio. The fund employs a combination of value, opportunistic and special situations strategies to make its investments.

The stock decreased 0.73% or $0.11 during the last trading session, reaching $15.05. About 4,780 shares traded. Special Opportunities Fund, Inc. (NYSE:SPE) has risen 4.77% since September 15, 2017 and is uptrending. It has underperformed by 10.85% the S&P500.

Shaker Financial Services Llc holds 3.3% of its portfolio in Special Opportunities Fund, Inc. for 446,144 shares. Blue Bell Private Wealth Management Llc owns 230,191 shares or 1.57% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 0.3% invested in the company for 55,202 shares. The Michigan-based Financial & Investment Management Group Ltd has invested 0.24% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 567,125 shares.

Another recent and important Special Opportunities Fund, Inc. (NYSE:SPE) news was published by Seekingalpha.com which published an article titled: “Special Opportunities Fund Conv Pfd Shs Series B declares $0.21875 dividend” on September 07, 2018.

Special Opportunities Fund, Inc. (NYSE:SPE) Ratings Chart

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