CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

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

Taxable Bond Funds - Mortgage Bond Funds

Data as of April 22, 2024
Market Price $8.25 (+ $0.08)
NAV (April 22, 2024) $9.33 (+ $0.01)
Fund Listed NYSE
Premium / Discount -11.58% (+0.76%)
Fund Info
Inception Sept. 27, 2016
Sponsor RiverNorth Capital Managment, LLC
Website https://www.rivernorth...
Location Illinois
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Current income and overall total return.
Related Indexes
High Income Index
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 22,964,361
Total Assets (Reported: Dec. 31, 2023) $345M
Estimated Total Assets $330M
Net Assets $214M
Market Cap $189M
Portfolio Turnover 75.00%
Total Leverage 35.15%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 4.66%
Non Lev Exp Ratio 2.15%
Rel Lev Cost 4.58%
Discount Data
Average Discount (3 Yr) -6.37%
Discount Low(3 Yr) -17.59%
Discount High(3 Yr) 7.34%
Discount Rel Range (3 Yr) 24.12%
Comp Discount -9.45
Discount St Dev (1Yr) 1.90
Z-Stat (6mo) 0.65
Z-Stat (1Yr) 0.57
Z-Stat (3Yr) -0.78
Comp Z-Stat (6mo) -0.02
Comp Z-Stat (3Yr) -0.81
Distribution Data
Market Yield 14.59%
Income Yield 6.31%
Lev Adj NAV Yield 9.55%
Distribution Frequency M
Current Distribution $0.100
Current Income $0.043
Ex-Date 5/14/24
Payable Date 5/31/24
Div Growth (3yr) -36.76%
Dividend Change -1.8% on 1/2/24
Expected Div 7/1/24
RoC (1yr) 60.93%
RoC (3yr) 54.71%
Tax Dividend Data 2023 2021 - 2023
Income 39.8% 45.8%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 60.2% 54.2%
Volume & Liquidity
Average Daily $ (K) $791
Avg Volume 30 day 100,861
Avg Volume 90 day 95,874
Volume Trend 5.20%
Comp Volume Trend 15.04%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): JMM 67.0%
NAV - Price Correlation (30 d) 90.9%
NAV - Price Correlation (90 d) 70.2%
NAV - Price Correlation (1 Yr) 81.8%
Price St Dev (1Yr) 13.8%
NAV St Dev (1Yr) 7.0%
Earnings / Share (12/31/23) $0.062
Earn Coverage 62.11%
Earnings Trend Up
UNII / Share (12/31/23) $-0.269
Rel UNII -51.56
UNII Trend Up
Bond Specific Data
Maturity 11.95
Duration 4.10
Credit Rating (rbo) BB
Investment Grade 37.00%
Non Investment Grade 27.00%
Unrated Bonds 36.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index


CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.