OPP: This 13%+ Yielding CEF May Not Be As Good As It Appears [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's heavy bond allocation exposes investors to inflation risk and declining purchasing power, undermining its appeal as a long-term income vehicle. Despite recent distribution cuts, OPP's net asset value continues to decline, signaling ongoing overdistribution and likely future reductions. While OPP trades at an 8.86% discount to NAV and yields above peers, its inability to cover payouts makes it unattractive for wealth preservation. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » PM Images/DigitalVision via Getty Images The RiverNorth/DoubleLine Strategic Opportunity Fund ( OPP ) is a closed-end fund that aims to provide its investors with a very high level of current income. The fund does remarkably well at this task, as its 13.82% current yield More on my IG service At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio
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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
- 1/29/26 - Form SCHEDULE
- 12/1/25 - Form 4
- 11/26/25 - Form NPORT-P
- OPP's page on the SEC website