RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.verified

OPP

Price:

$9.0468

Market Cap:

$207.82M

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.[Read more]

Industry

Asset Management

IPO Date

2016-09-28

Stock Exchange

NYSE

Ticker

OPP

The ROE as of September 2024 (TTM) for RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) is 8.44%

According to RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 8.44%. This represents a change of 233.66% compared to the average of 2.53% of the last 4 quarters.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) Historical ROE (quarterly & annually)

How has OPP ROE performed in the past?

The mean historical ROE of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. over the last ten years is 3.05%. The current 8.44% ROE has changed 177.04% with respect to the historical average. Over the past ten years (40 quarters), OPP's ROE was at its highest in in the December 2020 quarter at 9.52%. The ROE was at its lowest in in the June 2022 quarter at -11.35%.

Quarterly (TTM)
Annual

Average

3.05%

Median

4.79%

Minimum

-9.82%

Maximum

12.78%

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) ROE by Quarter and Year

Discovering the peaks and valleys of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 402.72%

Maximum Annual ROE = 12.78%

Minimum Annual Increase = -322.64%

Minimum Annual ROE = -9.82%

Quarterly (TTM)
Annual
YearROEChange
20248.50%402.72%
20231.69%-117.22%
2022-9.82%-176.88%
202112.78%-322.64%
2020-5.74%-177.89%
20197.37%228.99%
20182.24%-69.49%

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

How has OPP ROE performed in the past?

The current ROE of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.12%

5-year avg

1.48%

10-year avg

3.05%

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

How is OPP’s ROE compared to its peers?

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.’s ROE is less than Brookfield Real Assets Income Fund Inc. (9.46%), less than Guggenheim Strategic Opportunities Fund (16.69%), less than Cornerstone Total Return Fund, Inc. (20.06%), less than Cornerstone Strategic Value Fund, Inc. (20.74%), less than High Income Securities Fund (4.40%), less than Oxford Lane Capital Corp. (38.73%), less than Horizon Technology Finance Corporation (1.92%), less than Abrdn Income Credit Strategies Fund (18.73%), less than Virtus Convertible & Income Fund (2.21%), less than Special Opportunities Fund, Inc. (11.86%), less than Clough Global Dividend and Income Fund (3.44%), less than Clough Global Equity Fund (0%), less than Virtus Stone Harbor Emerging Markets Income Fund (15.01%), less than Franklin Limited Duration Income Trust (29.73%), less than Virtus Stone Harbor Emerging Markets Total Income Fund (18.27%), greater than null (-26.23%),

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