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Buy OPP
$7.61
-0.0300 (-0.393%)
At Close: Jun 03, 2026
OPP: Rights Offering Presents Opportunity To Collect High Yield Income At Discounted Price
02:47am, Monday, 04'th Nov 2024
OPP offers a 13.7% yield and trades at a discount to NAV of nearly -7%. A rights offering will allow shareholders to exercise six rights to buy two shares of common stock and one share of Series C Pre
Preferreds Weekly Review: Agency Mortgage REIT Results Support Preferreds
07:47am, Sunday, 03'rd Nov 2024
We take a look at the action in preferreds and baby bonds through the fourth week of October and highlight some of the key themes we are watching. Preferred stocks fell around 1% due to rising Treasur
Preferreds Weekly Review: Agency Mortgage REIT Results Support Preferreds
01:52am, Sunday, 03'rd Nov 2024
We take a look at the action in preferreds and baby bonds through the fourth week of October and highlight some of the key themes we are watching. Preferred stocks fell around 1% due to rising Treasur
CEF Weekly Review: Invesco Has A Do-Over
01:02am, Sunday, 03'rd Nov 2024
We review the CEF market valuation and performance through the fourth week of October and highlight recent market action. Most CEF sectors were down this week while discounts were mixed. Invesco's CMB
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--As announced in a press release dated October 21, 2024 (the “Prior Announcement”), the Board of Directors of the RiverNorth/DoubleLine Strategic Opportunity
Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy
03:39pm, Monday, 28'th Oct 2024
As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due
RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends
05:30pm, Monday, 21'st Oct 2024
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividen
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Non-Transferable Rights Offering for Common and Preferred Stock
05:00pm, Monday, 21'st Oct 2024
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) announces that its Board of Directors (the “Board”) has authorized and s
RiverNorth Closed-End Funds Declare Monthly Distributions
05:00pm, Tuesday, 01'st Oct 2024
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for October, November an
OPP: Positioned For Falling Interest Rates, But There Are Some Risks
04:31pm, Monday, 19'th Aug 2024
RiverNorth/DoubleLine Strategic Opportunity Fund offers high income potential with a multi-strategy portfolio managed by different fund managers. The OPP Fund has outperformed the S&P 500 Index over t
OPP: Finally Time For This Eclectic Fund, 14% Yield
02:18am, Monday, 03'rd Jun 2024
RiverNorth/DoubleLine Strategic Opportunity Fund is a fixed income CEF with a collateral pool based on three distinct strategies. The fund is currently overweight small business loans, non-Agency MBS
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Capital and Income Fund, Inc. are each pleased to ann
RiverNorth Closed-End Funds Declare Monthly Distributions
05:00pm, Monday, 01'st Apr 2024
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for April, May and June
OPP: Not The Best Time To Buy, Despite The Sizable Discount
01:15pm, Thursday, 21'st Mar 2024
The RiverNorth/DoubleLine Strategic Opportunity Fund has a high yield of 14.36%, which is higher than peers and makes it attractive to income-focused investors. The OPP closed-end fund's recent perfor
These 7 High-Yield CEFs Reduced Distributions In 2024, Consider Buying Anyway
10:43am, Thursday, 18'th Jan 2024
abrdn, a UK-based fund manager, has been aggressively acquiring and merging closed-end funds aka CEFs from other managers to expand its offerings. CEFs have advantages over traditional dividend-paying
