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home / news releases / OPP - OPP: The Preferred Shares Are A Good Deal

OPP - OPP: The Preferred Shares Are A Good Deal

RiverNorth/DoubleLine Strategic Opportunity Fund Inc.

2025-08-30 11:40:00 ET

Introduction

I generally like the preferred equity issued by CEFs as there is a mandatory 200% asset coverage ratio rule, which adds an additional layer of safety to an investment. RiverNorth/DoubleLine Strategic Opportunity Fund ( OPP ) is a CEF focusing on debt securities, and I have been quite interested in the CEF’s preferred equity for quite some time. ...

For further details see:

OPP: The Preferred Shares Are A Good Deal

Stock Information
Company Name: RiverNorth/DoubleLine Strategic Opportunity Fund Inc.
Stock Symbol: OPP
Market: NYSE
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