OPP News and Press, RiverNorth/DoubleLine Strategic Opportunity Fund Inc. From 07/16/23

2023-07-16 11:04:45 ET Summary 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 strategies from RiverNorth Capital and DoubleLine Capi...

RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on July 5, 2023. Based on information p...

2023-06-14 10:38:06 ET Summary RiverNorth Opportunities Fund is trading at an attractive discount, with a diverse portfolio and exposure to fixed income, SPACs, investment company bonds, and equity. The fund's discount and underlying CEFs' discounts provide potential upside, but l...

2023-04-04 04:47:28 ET RiverNorth/DoubleLine Strategic Opportunity Fund ( OPP ) declares $0.1021/share monthly dividend , in line with previous. Forward yield 14.28% Payable April 28; for shareholders of record April 14; ex-div April 13. Payable May 31; for shareho...

The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for April, May and June 2023 in accordance with each Fund’s level distribution policy. In addition, the RiverNorth Flexible Municipal Income Fund, Inc. has declared a capital gain distribution. ...

2023-03-27 06:06:08 ET Summary DMO is invested in mortgages, both residential and commercial MBS, as well as other mortgage-related debt securities. With all the uncertainty, a wider discount could be appropriate as credit risks become a real issue. At the same time, we are no...

2023-03-13 15:11:03 ET Summary 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-income and other high-yielding assets and employs lev...

Summary 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. MLPs remain the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on ...

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 1,047,000 new shares of common stock as a result of the Offering, which closed on Ja...

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on January 27, 2023 (the “Expiration Date”). In the Offering, the Fund received sub...