RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

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

CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Specialty Finance Corporation are each pleased to announce the declaration of preferred dividends for the third quarter of 2021, as detailed below. The Board of Directors of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has declared a quarterly cash dividend of $0.27344 per share of the Fund's 4.375% Series A Cumulative Preferred Stock (NYSE: OPPPRA). The Board of Directors of RiverNorth Spe

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Specialty Finance Corporation Announce Preferred Dividends

Brookfield Real Assets Income Fund

Franklin Templeton Dragon Fund

Imagine getting $100 per month in passive income for every $10,000 you invest.

These 3 Funds Make $300K Last Forever

We need to talk about SPACs, the popular kids of the investment world over the last year

This Pandemic Investment Trend Will Continue (And Pay Big Dividends, Too)

Rich valuations across both CEF NAVs and discounts suggest income investors have to dig deeper to continue to generate strong performance. We take a look at OPP where the preferreds look well positioned in terms of risk/reward versus the common shares.

OPP: Preferred Looks A Better Bet Than The Common

The strongest credit rating preferred stock trading below par. Serious laggard compared to all preferred stocks offering the highest risk adjusted Alpha among fixed income.

RiverNorth/DoubleLine Strategic Opportunity Fund: Preferred Stock Offers Unbelievable 4.5% Yield

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Pershing Square Tontine Holdings

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Special Opportunities Fund Inc

Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offerings or anything that involves new shares being created.

2 New Closed-End Funds In The Pipeline

DoubleLine Income Solutions Fund

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

PIMCO Dynamic Credit and Mortgage Income Fund

PCM Fund

PIMCO Corporate & Income Strategy Fund

PIMCO Income Strategy Fund

PIMCO Income Strategy Fund II

Pimco Global Stockplus & Income Fund

Pimco High Income Fund

Pimco Income Opportunity Fund

PIMCO Corporate & Income Opportunity Fund

We take a look at the PIMCO CEF leverage and coverage numbers for December. Overall, December was a pretty good month for shareholders as coverage increased across the board, NAV gains exceeded distributions while PIMCO took aggregate leverage lower to reflect less attractive valuations.

December Taxable PIMCO CEF Update

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Gabelli Equity Trust

RiverNorth Opportunities Fund, Inc.

Reaves Utility Income Fund

CEFs offer higher dividends or distributions due to different strategies and using sources other than income for funding the distribution. Today is a brief crash course for newer CEF investors into why this is possible for CEFs.

Introductory: How CEFs Make Outsized Distributions

Nuveen S&P 500 Buy-Write Income Fund

MFS Intermediate High Income Fund

Nuveen Dow 30 Dynamic Overwrite Fund

Allspring Income Opportunities Fund

Allspring Global Dividend Opportunity Fund

Wells Fargo Multi-Sector Income Fund

Wells Fargo Utilities and High Income Fund

Sprott Focus Trust

India Fund Inc

Nuveen Core Equity Alpha Fund

Nuveen Diversified Dividend And Income Fund

Nuveen Real Asset Income & Growth Fund

Nuveen Real Estate Income Fund

Nuveen Tax-Advantaged Total Return Strategy Fund

Nuveen Tax-Advantaged Dividend Growth Fund

MFS Charter Income Trust

MFS Special Value Trust

MFS Government Markets Income Trust

MFS Intermediate Income Trust

MFS Multimarket Income Trust

Nuveen NASDAQ 100 Dynamic Overwrite Fund

Royce Micro-Cap Trust

Royce Value Trust

Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy. Recent volatility has already caused some CEFs to lower their distributions as a result of the March drawdown, causing their discounts to widen relative to their sectors.

Preparing For Distribution Changes For CEFs With MDPs

Brandywine Global Income Opportunities Fund Inc

Stone Harbor Emerging Markets Total Income Fund

CEF Report October: A Month To Navigate Mines

CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced that it has priced an underwritten public offering of 2,200,000 shares of 4.375% Series A Cumulative Preferred Stock (the “Preferred Stock”) at a public offering price of $25 per share, which will result in net proceeds to the Fund of approximately $52.8 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Fund. In ad

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

CHICAGO--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced that it plans to offer shares of its Series A Cumulative Preferred Stock (the “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 Preferred Stock on the New York Stock Exchange (“NYSE”) under the ticker symbol “OP

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

Failed Rights Offering Doesn't Change Underlying Strength Of OPP's Strategy

Flaherty & Crumrine Total Return Fund Inc

First Trust Intermediate Duration Preferred & Income Fund

ProShares Ultra S&P 500

Benefits And Pitfalls Of Higher-Leverage CEFs

ETRACS Monthly 2x Leveraged Closed End Fund ETN

Saba Closed-End Funds ETF

First Trust Income Opportunity ETF

Cohen & Steers Closed-End Opportunity Fund

Gs Financial Exchange Traded Notes

Invesco CEF Income Composite ETF

CEF Beta Plays For An Eventual Recovery

Blackrock Limited Duration Income Trust

Blackstone/GSO Senior Floating Rate Term Fund

Credit Suisse Asset Management Income Fund

Doubleline Opportunistic Credit Fund

Credit Suisse High Yield Bond Fund

Eaton Vance Senior Floating Rate Fund

Western Asset Global High Income Fund

Cohen & Steers Select Preferred and Income Fund

Invesco High Income Trust II

Just to be clear, these are not "buy" recommendations but considerations if you own the "sell" fund.

Some Potential Swaps To Consider (If You Own The Sell Fund)

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