OPP: The Fund Is Paying Out More Than It Earns (Rating Downgrade) [Seeking Alpha]
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)
US:NYSE Investor Relations:
rivernorth.com/closed-end-funds/opp
Company Research
Source: Seeking Alpha
OPP offers a high 14% dividend yield and trades at an 8.85% discount to NAV, but payout sustainability remains questionable. The fund's aggressive leverage and reliance on positive market momentum amplify risk, especially as interest rates remain elevated. Despite its diverse debt portfolio, OPP's share price has significantly underperformed, and inconsistent earnings challenge its income reliability. Deagreez/iStock via Getty Images Overview As markets continue to hover near their all-time highs, investors may be looking for a way to hedge against the uncertainty and volatility of equities. RiverNorth/DoubleLine Strategic Opportunity Fund ( OPP ) provides investors with exposure This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving
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OPP
News
- RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred DividendsBusiness Wire
- RiverNorth/DoubleLine Strategic Opportunity Fund declares $0.091 dividend [Seeking Alpha]Seeking Alpha
- RiverNorth Closed-End Funds Declare Monthly DistributionsBusiness Wire
- RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final Results of Rights Offering [Yahoo! Finance]Yahoo! Finance
- RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final Results of Rights OfferingBusiness Wire
OPP
Sec Filings
- 12/1/25 - Form 4
- 11/26/25 - Form NPORT-P
- 11/20/25 - Form 497AD
- OPP's page on the SEC website