RiverNorth/DoubleLine Strategic Opportunity Fund Inc (OPP)
8.55
-0.01
(-0.12%)
USD |
NYSE |
May 23, 13:10
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
2.22% | -8.84% | 215.70M | 67993.87 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
5.53% | 75.00% | 10.13M | Upgrade |
Basic Info
Investment Strategy | |
The Fund’s investment objective is current income and overall total return.The Fund seeks to achieve its investment objective by allocating its Managed Assets among three principal strategies: Tactical Closed End Fund Income Strategy, Alternative Credit Strategy and Opportunistic Income Strategy. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Tactical Allocation |
Category Index | Morningstar Mod Agg Tgt Risk TR USD |
Global Category Name | Moderate Allocation |
YCharts Categorization | Target Allocation |
YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | RiverNorth Capital Management, LLC |
Prospectus Benchmark Index | |
Bloomberg US Agg Bond TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Jeffrey Gundlach | 7.59 yrs |
Jeffrey Sherman | 7.59 yrs |
Patrick Galley | 7.59 yrs |
Steve O'Neill | 1.84 yrs |
Performance Versus Category
As of May 22, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 22, 2024.
Basic Info
Investment Strategy | |
The Fund’s investment objective is current income and overall total return.The Fund seeks to achieve its investment objective by allocating its Managed Assets among three principal strategies: Tactical Closed End Fund Income Strategy, Alternative Credit Strategy and Opportunistic Income Strategy. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Tactical Allocation |
Category Index | Morningstar Mod Agg Tgt Risk TR USD |
Global Category Name | Moderate Allocation |
YCharts Categorization | Target Allocation |
YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
Prospectus Objective | Growth and Income |
Fund Owner Firm Name | RiverNorth Capital Management, LLC |
Prospectus Benchmark Index | |
Bloomberg US Agg Bond TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Jeffrey Gundlach | 7.59 yrs |
Jeffrey Sherman | 7.59 yrs |
Patrick Galley | 7.59 yrs |
Steve O'Neill | 1.84 yrs |