OPP News and Press, RiverNorth/DoubleLine Strategic Opportunity Fund Inc. From 11/15/22

Summary 12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results. NCZ resumes distributions, NCV holders should switch. Author's note: This article was released to CEF/ETF Income Laboratory members ...

Summary 16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises. A reminder that the Tortoise tender offers are expiring. Author's note: This article was released to CEF/ETF...

Summary 0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares. Author's note: This article was released to CEF/ETF Income Laboratory members on October 18th, 2022. Plea...

RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Specialty Finance Corporation are each pleased to announce the declaration of preferred dividends for the fourth quarter of 2022, as detailed below. About RiverNorth Ri...

Summary In 2021, in order to hold securities with double-digit yields, investors had to either dumpster dive or get their own capital back as ROC on inflated distributions. Yields have risen sharply this year across the broader income space and stand well above what was on offer i...

Summary 2 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Tortoise tender offers are live. RIV rights offering. NCZ postpones its distribution. Author’s note: This article was released to CEF/ETF Income Lab...

Summary OPP's rights offering results have concluded. The share price trended towards the subscription floor, as we expected. Sell-and-buy turned out to be the best strategy, again. Author's note: This article was released to CEF/ETF Income Laboratory members as pa...

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. OPP rights offering results. FEO will liquidate. Author's note: This article was released to CEF/ETF Income Laboratory members on September 29, 2022. Please check l...

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. Real estate CEFs lag. OPP rights offering expires. Author’s note: This article was released to CEF/ETF Income Laboratory members on September 21, 2022. Pleas...

Summary OPP concluded its rights offering yesterday. The CEF was able to raise $34 million in new capital via the offering. The new capital raise has thus resulted in a 17% increase in assets via the cash raise. This article covers CEFs from our suite of products - we focu...