News for RiverNorth/DoubleLine Strategic (OPP-RW)

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP.PR.A) declares $0.2734/share quarterly dividend with a forward yield of 5.92%. Payable Feb.

RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred divide

RiverNorth/DoubleLine Strategic Opportunity Fund launched OPP-C, a 6.00% term preferred stock. Find out why OPP stock is a safe investment with large cushion.

In accordance with the RiverNorth closed-end funds (the ”œFunds”) level distribution policies, the reset distribution rates have been proposed for the calen

I've continually wrote of my current belief that interest rates (long rates) may go higher--simply because of the supply of Treasury debt that has to be sold for the foreseeable future. Thus far I see no real reason to change my thoughts on this topic. Yes I have heard lots of political bluster, but will

In what one might call one of my 'penny wise, pound foolish' moments I have been trying to buy 100 shares of the new very short duration RiverNorth/DoubleLine Strategic Opportunity Fund 6% Term preferred all morning. I only wanted to pay $10.03 per share--at 6% the coupon is somewhat lite for me--thus penny wise pound

The series C, 6% short duration term preferred (OPP-C) from closed end funds RiverNorth/Doubleline Strategic Opportunity Fund (OPP) is now trading somewhat 'normally'--right around the liquidation value of $10. This 'rights offering' series sold with strange pricing for a few days before now settling in. This has just 410,000 shares outstanding and it looks like

Folks are noting that the new RiverNorth/Doubleline Strategic Opportunity Fund $10/Share 6% Term Preferred (OPP-C) is ready to trade. It looks to me that a few early shares sold at $14--that is crazy and will likely correct itself quickly. For a test I tried to put in an order on Fido for 100 shares--got the

Well let's get back to a normal week--whatever a normal week is. Anymore there really are no trading days that are 'normal' as we would have defined it 20 years years ago. Everyday there is some sort of economic news that has the potential to move markets--OR recently a simple proposed appointment of a particular

CEF RiverNorth/Doubleline Strategic Opportunity Fund (OPP) is issuing a new series of term preferred stock. Via a rights offering to current shareholders the company will be issuing around 419,000 Series C term preferred shares under the ticker (OPP-C). The company has applied to have shares listed on the NYSE. The shares have a $10/share liquidation

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the ”œFund”) (NYSE: OPP) today announced the final results of its inseparable non-transferable right

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Preliminary Results of Non-transferable Rights Offering for Common and Preferred Stock

As previously announced in press releases dated October 21, 2024 and November 1, 2024 (the ”œPrior Announcements”), the Board of Directors of the RiverNorth

Overview of Morgan Stanley's Recent Transaction On September 30, 2024, Morgan Stanley executed a significant transaction involving the shares of RiverNorth/Doub

Update: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., Announces Non-Transferable Rights Offering for Common and Preferred Stock

RiverNorth/DoubleLine Strategic Opportunity Fund offers high income potential with multi-strategy portfolio managed by different managers. Click for my OPP update.

RiverNorth/DoubleLine Strategic opportunity fund Inc - 4.75% PRF PERPETUAL USD 25 - Ser B (OPP.PR.B) declares $0.2968/share quarterly dividend, in line with pre

In accordance with the RiverNorth closed-end funds level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below. Ex Date Record...

RiverNorth Opportunities is a fund of funds that invests in various types of investments, including BDCs, CEFs, and SPACs. Learn more about RIV CEF here.