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Market Impact: 0.1
RIVERNORTH/DOUBLELINE Strategic Opportunity Fund's Series A Preferred Stock Yield Pushes Past 7.5%
Source: Nasdaq
Credit & Bond MarketsCapital Returns (Dividends / Buybacks)
RiverNorth/DoubleLine Strategic Opportunity Fund Series A preferred shares (OPP.PRA) yielded above 7.5% on Wednesday, based on an annualized quarterly dividend of $1.0938. The shares traded as low as $14.52; the report gives no broader market reaction or explanation for the price move.
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