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Special Opportunities Fund (Special Opportunities Fund) Scaled Net Operating Assets : 0.99 (As of Dec. 2023)


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What is Special Opportunities Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Special Opportunities Fund's operating assets for the quarter that ended in Dec. 2023 was $215.65 Mil. Special Opportunities Fund's operating liabilities for the quarter that ended in Dec. 2023 was $1.80 Mil. Special Opportunities Fund's Total Assets for the quarter that ended in Jun. 2023 was $215.77 Mil. Therefore, Special Opportunities Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.99.

Special Opportunities Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Special Opportunities Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(215.654-1.798)/210.184
=1.02

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=215.662 - 0.008
=215.654

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.798 - 0 - 0
=1.798

Special Opportunities Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(215.654-1.798)/215.767
=0.99

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=215.662 - 0.008
=215.654

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.798 - 0 - 0
=1.798

* 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 Scaled Net Operating Assets Related Terms

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Special Opportunities Fund (Special Opportunities Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Special Opportunities Fund Inc (NYSE:SPE) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Website
https://www.specialopportunitiesfundinc.com
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