<SEC-DOCUMENT>0001649910-19-000009.txt : 20190211
<SEC-HEADER>0001649910-19-000009.hdr.sgml : 20190211
<ACCEPTANCE-DATETIME>20190211151629
ACCESSION NUMBER:		0001649910-19-000009
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20190211
DATE AS OF CHANGE:		20190211

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPECIAL OPPORTUNITIES FUND, INC.
		CENTRAL INDEX KEY:			0000897802
		IRS NUMBER:				133702911
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-60797
		FILM NUMBER:		19584999

	BUSINESS ADDRESS:	
		STREET 1:		C/O US BANCORP FUND SERVICES, LLC
		STREET 2:		615 EAST MICHIGAN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		414-765-4319

	MAIL ADDRESS:	
		STREET 1:		C/O US BANCORP FUND SERVICES, LLC
		STREET 2:		615 EAST MICHIGAN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INSURED MUNICIPAL INCOME FUND INC
		DATE OF NAME CHANGE:	19960213

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PAINEWEBBER PREMIER INSURED MUNICIPAL INCOME FUND INC
		DATE OF NAME CHANGE:	19930714

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Relative Value Partners Group, LLC
		CENTRAL INDEX KEY:			0001649910
		IRS NUMBER:				474067697

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		847-513-6300

	MAIL ADDRESS:	
		STREET 1:		1033 SKOKIE BLVD.
		STREET 2:		SUITE 470
		CITY:			NORTHBROOK
		STATE:			IL
		ZIP:			60062
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>rvp13gFeb2019spe.txt
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             Information Statement Pursuant to Rules 13d-1 and 13d-2
                    Under the Securities Exchange Act of 1934
                                (Amendment No. ) *

                        SPECIAL OPPORTUNITIES FUND, INC
                                (Name of Issuer)

                                  COMMON SHARES
                         (Title of Class of Securities)

                                   84741T104
                                 (CUSIP Number)


                       (Holdings as of December 31, 2018)

     Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

     [X]  Rule 13d-1(b)

     [_]  Rule 13d-1(c)

     [_]  Rule 13d-1(d)

*    The remainder of this cover page shall be filled out for a reporting
     person's initial filing on this form with respect to the subject class of
     securities, and for any subsequent amendment containing information which
     would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


<PAGE>


CUSIP NO. 84741T104
--------------------------------------------------------------------------------
1.    NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

      RELATIVE VALUE PARTNERS GROUP, LLC
      TIN 47-4067697
--------------------------------------------------------------------------------
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
      (a)[_]
      (b)[_]

      Not Applicable
--------------------------------------------------------------------------------
3.    SEC USE ONLY

--------------------------------------------------------------------------------
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

      DELAWARE
--------------------------------------------------------------------------------
NUMBER OF      5.   Sole Voting Power:  1,962,928
SHARES
BENEFICIALLY   6.   Shared Voting Power: 0
OWNED BY
EACH           7.   Sole Dispositive Power:  1,962,928
REPORTING
PERSON         8.   Shared Dispositive Power: 0
WITH
--------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      1,962,928
--------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

--------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

      23.09%
--------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON

      IA
--------------------------------------------------------------------------------

<PAGE>


CUSIP NO. 84741T104


ITEM 1(A) Name of Issuer:

          SPECIAL OPPORTUNITIES FUND, INC.

ITEM 1(B) Address of Issuer's Principal Executive Offices:

          C/O US BANCORP FUND SERVICES, LLC
	  615 EAST MICHIGAN AVENUE
	  MILWAUKEE, WISCONSIN 53202

ITEM 2(A) Name of Person Filing:

          RELATIVE VALUE PARTNERS GROUP, LLC

ITEM 2(B) Address of Principal Business Office or, if none, Residence:

          1033 SKOKIE BLVD. SUITE 470, NORTHBROOK, IL 60062

ITEM 2(C) Citizenship:

          DELAWARE

ITEM 2(D) Title of Class of Securities:

          COMMON SHARES

ITEM 2(E) CUSIP Number:

          84741T104

ITEM 3. If this statement is filed pursuant to (S)(S)240.13d-1(b) or
        240.13d-2(b) or (c), check whether the person filing is a:

        (a)  [_] Broker or dealer registered under section 15 of the Act (15
                 U.S.C. 78o).

        (b)  [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
                 78c).

        (c)  [_] Insurance company as defined in section 3(a)(19) of the Act
                 (15 U.S.C. 78c).

        (d)  [ ] Investment company registered under section 8 of the
                 Investment Company Act of 1940 (15 U.S.C 80a-8).

        (e)  [X] An investment adviser in accordance with
                 (S)240.13d-1(b)(1)(ii)(E);

        (f)  [_] An employee benefit plan or endowment fund in accordance with
                 (S)240.13d-1(b)(1)(ii)(F);

        (g)  [_] A parent holding company or control person in accordance with
                 (S) 240.13d-1(b)(1)(ii)(G);

        (h)  [_] A savings associations as defined in Section 3(b) of the
                 Federal Deposit Insurance Act (12 U.S.C. 1813);

        (i)  [_] A church plan that is excluded from the definition of an
                 investment company under section 3(c)(14) of the Investment
                 Company Act of 1940 (15 U.S.C. 80a-3);

        (j)  [_] Group, in accordance with (S)240.13d-1(b)(1)(ii)(J).


<PAGE>

ITEM 4 OWNERSHIP

ITEM 4(A): Amount Beneficially Owned:

           1,962,928  shares

ITEM 4(B): Percent of Class:

           23.09%

ITEM 4(C): Number of shares as to which such person has:

      (i)  sole power to vote or to direct the vote:  1,962,928

      (ii) shared power to vote or to direct the vote:  0

      (iii) sole power to dispose or to direct the disposition of: 1,962,928

      (iv) shared power to dispose or to direct the disposition of:  0

ITEM 5 Ownership of Five Percent or Less of a Class:

          Not Applicable.


CUSIP NO. 84741T104


ITEM 6 Ownership of More than Five Percent on Behalf of Another Person:

          Not Applicable.

ITEM 7 Identification and Classification of the Subsidiary which Acquired the
       Security Being Reported on by the Parent Holding Company:

          Not Applicable.

ITEM 8 Identification and Classification of Members of the Group:

          Not Applicable.

ITEM 9 Notice of Dissolution of Group:

          Not Applicable.

ITEM 10 CERTIFICATION:

          By signing below I certify that, to the best of my knowledge and
          belief, the securities referred to above were acquired in the ordinary
          course of business and were not acquired and are not held for the
          purpose of or with the effect of changing or influencing the control
          of the issuer of the securities and were not acquired and are not held
          in connection with or as a participant in any transaction having such
          purpose or effect.

<PAGE>
                                    SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

                                February 11, 2019
	                  -------------------------------
	                              DATE


	                        /s/ MAURY FERTIG
                          -------------------------------
                                    SIGNATURE

	                   MAURY FERTIG/MANAGING MEMBER
	                 --------------------------------
	                           NAME/TITLE


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>