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Buy OPP
$7.62
+0.0300 (+0.395%)
At Close: Jul 31, 2026
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
RiverNorth Closed-End Funds Declare Monthly Distributions
05:00pm, Tuesday, 02'nd Jan 2024
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the distribution rates have been reset for the calendar year 2
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
01:00pm, Friday, 15'th Dec 2023
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea
OPP: Positioned For Near-Term Rate Cuts, But Distribution Outlook Is Hazy
05:33am, Sunday, 03'rd Dec 2023
The RiverNorth/DoubleLine Strategic Opportunity Fund offers a high level of current income with a 15.22% yield, but there are concerns it may have to reduce its distribution in the future. The fund's
OPP: Attractive Distribution Does Not Appear To Be Sustainable
11:28am, Monday, 25'th Sep 2023
RiverNorth/DoubleLine Strategic Opportunity Fund offers a high current yield of 15.13%, substantially higher than other options in the market. The fund's performance has remained relatively stable des
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
03:47pm, Friday, 01'st Sep 2023
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona
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
OPP: Avoid This Amortizing Return Of Principal Fund
11:04am, Sunday, 16'th Jul 2023
The RiverNorth/DoubleLine Strategic Opportunity Fund (OPP fund) is not recommended for investors due to its inability to sustain its high distribution yield of 14.3%. The OPP fund, which combines stra
RiverNorth Closed-End Funds Declare Monthly Distributions
04:30pm, Monday, 03'rd Jul 2023
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for July, August and September 2023 in accordance with each Fund's level d
OPP: This High-Yielding CEF Looks Better And Could Be A Play On Bank Problems
03:11pm, Monday, 13'th Mar 2023
Investors are desperate for income to maintain their standard of living in today's incredibly high inflation. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. invests in a portfolio of fixed-inc
Weekly Closed-End Fund Roundup: February 12, 2023
05:50pm, Tuesday, 21'st Feb 2023
1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags.
Preferreds Weekly Review: Year-End Tax Losers Rally Hard
08:17am, Sunday, 15'th Jan 2023
We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Preferreds had a terrific start to the year, supported
OPP: Interesting Fund But Don't Count On That Yield Being Sustainable
04:04pm, Wednesday, 21'st Dec 2022
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. invests its assets in three tactical silos that include both other closed-end funds and fixed-income assets. The closed-end fund is invested in s
Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)
12:59pm, Tuesday, 15'th Nov 2022
12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.
