What is Special Opportunities Fund Financial Strength?
Special Opportunities Fund has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Special Opportunities Fund's interest coverage with the available data.
Special Opportunities Fund's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
Altman Z-Score does not apply to banks and insurance companies.
Special Opportunities Fund Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Special Opportunities Fund's Interest Expense for the
months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the
months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.
Special Opportunities Fund's Interest Coverage for the quarter that ended in Dec. 2023 is
| Special Opportunities Fund had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Special Opportunities Fund Inc has no debt.
2. Debt to revenue ratio. The lower, the better.
Special Opportunities Fund's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Special Opportunities Fund (Special Opportunities Fund) Business Description
Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Special Opportunities Fund Inc is the United States based closed-end diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds. In addition, it also makes investments in construction materials, consumer finance, healthcare equipment and supplies, independent power and renewable electricity producers, insurance, personal products, professional services and real estate investment trusts.
Executives
| Phillip Goldstein |
director, officer: Chairman and Secretary |
60 HERITAGE DRIVE, PLEASANTVILLE NY 10570 |
| Gerald Hellerman |
director, officer: CCO |
5431 NW 21ST AVE., BOCA RATON FL 33496 |
| Rajeev P Das |
officer: Vice President |
250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
| Charles C Walden |
director |
C/O INSURED MUNICIPAL INCOME FUND INC., 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202 |
| Marc Lunder |
director |
C/O SPECIAL OPPORTUNITIES FUND, INC., 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202 |
| Ben H Harris |
director |
C/O US BANCORP FUND SERVICES, 777 EAST WISCONSIN AVE., MILWAUKEE WI 53202 |
| Andrew Dakos |
director, officer: President |
250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
| Steven Samuels |
other: Investment Adviser Principal |
72 COLEYTOWN ROAD, WESTPORT CT 06882 |
| Stephanie Darling |
other: Officer of the Inv. Adviser |
250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
| James M Chadwick |
director |
C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487 |
| Relative Value Partners, Llc |
10 percent owner |
1033 SKOKIE BOULEVARD, SUITE 470, NORTHBROOK IL 60062 |
| Karpus Management, Inc. |
10 percent owner |
183 SULLY'S TRAIL, PITTSFORD NY 14534 |
| Investors Bulldog |
10 percent owner |
PARK 80 WEST PLAZA TWO, SUITE 750, SADDLE BROOK NJ 07663 |
| Full Value Advisors Llc |
10 percent owner |
PARK 80 WEST, 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
| Ag Ubs |
10 percent owner |
600 WASHINGTON BLVD., STAMFORD CT 06901 |
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