OPP: Don't Trust The Distribution As It Is Not Sustainable
2025-07-04 08:00:05 ET
The RiverNorth/DoubleLine Strategic Opportunity Fund ( OPP ) is a closed-end fund that provides a method through which income-seeking investors can achieve their goals and earn a very high level of income from the assets that they possess. Historically, this fund has done a fairly good job at the provision of income, as is evidenced by its massive 13.33% current yield. This is substantially higher than the yield of just about any major fixed-income index, and fixed-income index funds are very commonly used choices for those investors who are seeking to earn a high level of income from their assets. This table summarizes the current yields of most of the index funds tracking the major domestic and global fixed-income indices:
Index/ETF | Current Yield |
Bloomberg U.S. Aggregate Bond Index ( AGG ) | 3.83% |
Bloomberg High Yield Very Liquid Index ( JNK ) | 6.56% |
Vanguard Total World Bond ETF ( BNDW ) | 4.02% |
Vanguard Total International Bond Index Fund ETF Shares ( BNDX ) | 4.32% |
J.P. Morgan EMBI Global Core Index ( EMB ) | 5.20% |
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OPP: Don't Trust The Distribution As It Is Not Sustainable
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