RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

The full company name is RiverNorth/DoubleLine Strategic Opportunity Fund.

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

Blackrock Health Sciences Trust

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

First Trust / Aberdeen Emerging Opportunity Fund

Eagle Capital Growth Fund Inc

Gabelli Utility Trust

John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund

New American High Income Fund

BlackRock Corporate High Yield Fund

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

John Hancock Investors Trust

Macquarie Global Infrastructure Total Return Fund Inc

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Tortoise Energy Independence Fund, Inc.

Nuveen Missouri Quality Municipal Income Fund

Tortoise MLP Fund

Oxford Lane Capital

PCM Fund

Pimco California Municipal Income Fund

Pimco Municipal Income Fund II

Pimco California Municipal Income Fund III

RiverNorth Opportunities Fund, Inc.

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

BlackRock Taxable Municipal Bond Trust

Central and Eastern Europe Fund

Doubleline Opportunistic Credit Fund

Stone Harbor Emerging Markets Total Income Fund

European Equity Fund

Eagle Point Income Company Inc

Eaton Vance Short Duration Diversified Income Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

New Ireland Fund Inc

Madison Fund

Putnam Municipal Opportunities Trust

Cohen And Steers Total Return Realty Fund

Franklin Templeton Emerging Markets Income Fund

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.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

John Hancock Financial Opportunities Fund

Virtus Stone Harbor Emerging Markets Income Fund 

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Gabelli Equity Trust

Nuveen Arizona Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Putnam High Income Securities Fund

Columbia Seligman Premium Technology Growth Func Inc

Delaware Investments

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.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

OPP's rights offering results have concluded. The share price trended towards the subscription floor, as we expected.

OPP: Rights Offering Results Quick Notes

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 3,508,633 new shares of common stock as a result of the Offering, which closed on September 23, 2022 (the “Expiration Date”). The subscription price of $9.70 per share in the Offering was established on the Expiration Date based on a formula equal to 92.5% of

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final Results of Rights Offering

OPP concluded its rights offering yesterday. The CEF was able to raise $34 million in new capital via the offering.

OPP Rights Offering: Mediocre Take-Out

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on September 23, 2022 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 3,508,633 shares of common stock from rights holders. Accordingly, the Fund expects to issue 3,508,633 new shares of common stock for these subscriptions, pending th

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Preliminary Results of Rights Offering

Apollo Senior Floating Rate Fund

Apollo Tactical Income Fund, Inc.

Western Asset Mortgage Opportunity Fund

Angel Oak Financial Strategies Income Term Trust

PIMCO Dynamic Income Opportunities Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset Diversified Income Fund

We review CEF market valuation and performance through the third week of September and highlight recent market action. CEFs had a tough week due to an upside surprise in inflation which pushed nearly all assets lower.

CEF Weekly Review: Why Rising Leverage Costs Are Not To Blame For Low Returns

OPP and RIV have initiated rights offerings rather regularly. OPP is coming close to finishing up its rights offerings, now it is RIV's turn.

OPP And RIV: Time For A Swap

OPP is a fixed income CEF that allocates its cash between two principal strategies. The two strategies are run by different asset managers, namely RiverNorth and DoubleLine.

OPP: Too Many Cooks In The Kitchen, Sour 17% Yield

OPP's annual rights offering is here. The subscription price has a floor, limiting dilution.

OPP: Rights Offering Quick Notes

CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund's stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue transferable subscription rights (“Rights”) to its stockholders of record as of August 25, 2022 (the “Record Date” and such stockholders “Record Date Stockhold

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Transferable Rights Offering

I like to add closed-end funds trading at a discount to NAV to my portfolio. DoubleLine and RiverNorth are strong fixed income investing firms.

OPP: 2 Strong Firms Collaborated To Create Interesting Offering

OPP is a CEF investing in other CEFs and mortgage-backed securities. The common units pay an attractive dividend, but I'm more attracted to the preferred shares.

OPP: I'm Warming Up To The Preferred Shares

Ares Dynamic Credit Allocation Fund

Barings Global Short Duration High Yield Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

We review CEF market valuation and performance through the third week of March and highlight recent market action.

CEF Market Weekly Review: Why Falling In Love With Drawdowns Can Be Risky

OPP operates their distribution similarly to RIV, another RiverNorth fund with a 12.5% distribution that is reset annually. RIV maintained its distribution heading into 2022, but OPP saw its distribution reset to a lower level.

OPP: 12.76% Distribution Yield But Several Risks To Consider

Argo Blockchain PLC

Atlanticus Holdings

Brighthouse Financial

Eagle Point Credit

Enterprise Financial Services

Fossil Group

First Republic

Granite Point Mortgage Trust

Hudson Pacific Properties

New York Mortgage Trust

Bank OZK

PhenixFIN

Public Storage

Tellurian

As November 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4% to 8.75%. Here is a comparison against highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric

New Preferred Stock IPOs, November 2021

DoubleLine Income Solutions Fund

Allspring Income Opportunities Fund

We review CEF market valuation and performance over the third week of November and highlight recent market events. The CEF market had an off-week with nearly all sectors delivering lower NAVs and wider discounts.

CEF Weekly Market Review: Mind Your CEF Expenses

CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced that it has priced an underwritten public offering of 2,400,000 shares of 4.75% Series B Cumulative Preferred Stock (the “Series B Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Fund of approximately $58.1 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Fun

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Prices Series B Preferred Stock Offering

CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced that it plans to offer shares of its Series B Cumulative Preferred Stock (the “Series B Preferred Stock”) in an underwritten public offering. The completion of the proposed offering depends upon several factors, including customary closing, market and other conditions. The Fund has applied to list the Series B Preferred Stock on the New York Stock Exchange (“NYSE”) under the

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Launches Series B Cumulative Preferred Stock Offering

OPP's rights offering is shareholder friendly and not very dilutive.

OPP: Quick Rights Offering Analysis

A number of my Inside the Income Factory readers have asked about OPP, a joint-venture effort between RiverNorth and DoubleLine. It hasn't been around too long but it has a reasonable record.

Quick Look At OPP: The RiverNorth - DoubleLine 'Joint Venture'

CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) announced the results of its shareholder meeting of August 27, 2021. At that meeting, shareholders were asked to vote on a proposal, pursuant to the Fund's Articles of Incorporation, to convert the Fund from its current structure as a closed-end investment company to an open-end investment company. Shareholders voted against the proposal, and the Fund will continue in its current closed-end

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Results of Shareholder Vote

Retirees continue to struggle to generate any degree of income off of their portfolios. OPP invests in a portfolio of closed-end funds and fixed-income securities to deliver an incredibly high yield to its investors.

OPP: A Unique CEF With A Monster Yield

Blackstone Strategic Credit Fund

BlackRock 2022 Global Income Opportunity Trust

Blackstone Long-Short Credit Income Fund

BlackRock Multi-Sector Income Trust

Blackrock Limited Duration Income Trust

Blackstone/GSO Senior Floating Rate Term Fund

MFS Intermediate High Income Fund

BNY Mellon High Yield Strategies Fund 

PGIM Global High Yield Fund

Western Asset High Income Fund

Pioneer Diversified High Income Trust

PGIM High Yield Bond Fund

Nuveen Floating Rate Income Opportunity Fund ETF

Neuberger Berman High Yield Strategies Fund Inc

Pioneer Floating Rate Trust

Pioneer High Income Trust

PGIM Shrt Duratin Hgh Yld Opprtnts Fund

Invesco High Income Trust II

These are some options that I think you can buy today if you own the selling candidate. Some of the buy candidates on here I would even buy outright if I didn't own the "sell."

Some Relative CEF Value Trades And Opportunities

News for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. ETF (OPP)