- What does OPP-PB invest in?
- RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was formed on December 30, 2010 and is domiciled in the United States.
- What is the expense ratio of OPP-PB?
- An expense ratio for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP-PB) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is OPP-PB's dividend yield?
- OPP-PB's trailing-twelve-month yield is 7.23%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of OPP-PB?
- Effective duration measures OPP-PB's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. OPP-PB's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of OPP-PB?
- OPP-PB's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of OPP-PB?
- Yield to maturity (YTM) is the total return you'd earn from OPP-PB if every bond in the portfolio is held to maturity at the current price. OPP-PB's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
