OPP: The Preferred Shares Are A Good Deal
Source: SeekingAlpha
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. ...
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OPP: The Preferred Shares Are A Good Deal
RiverNorth/DoubleLine Strategic Opportunity Fund Inc.
NASDAQ: OPP
OPP Trading
-0.52% G/L:
$7.72 Last:
51,394 Volume:
$7.72 Open:
OPP Latest News
November 20, 2025 04:27:00 pm
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final Results of Rights Offering
November 19, 2025 06:45:00 am
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Preliminary Results of Rights Offering
November 10, 2025 04:49:00 pm
Update: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Transferable Rights Offering
