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Strategies & Market Trends : High Yield Investing - CEF's

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To: chowder who wrote (49)12/11/2021 2:35:46 PM
From: jritz0  Read Replies (1) of 245
 
RE: Another special dividend!

Special Opportunities Fund, Inc. Announces Dividend

Chowder

I may have missed the boat on this one and invested in the ETF CEFS. I like these type of funds where you have activist investors running the show. I'm thinking about swapping out my GRX position and using the funds to purchase SPE. I notice that they also announced a rights offering for the new preferred shares they plan on issuing. Will you be participating in the rights offering?

I may wait until after the rights offering, hopefully Nick will put out an article regarding the RO. If I recall correctly they usually decide to sit them out.
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