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:

Month	Amount	Record Date	Payable Date
July	$0.1098	July 22, 2025	July 31, 2025
August	$0.1098	August 19, 2025	August 29, 2025
September	$0.1098	September 16, 2025	September 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)

Special Opportunities Fund Declares Distributions For Third Quarter of 2025