NYSE:OPP

Stock Analysis Report

RiverNorth/DoubleLine Strategic Opportunity Fund

Executive Summary

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.


Snowflake Analysis

Share Price & News

How has RiverNorth/DoubleLine Strategic Opportunity Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OPP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.3%

OPP

-1.3%

US Capital Markets

-1.0%

US Market


1 Year Return

-0.7%

OPP

15.5%

US Capital Markets

18.0%

US Market

Return vs Industry: OPP underperformed the US Capital Markets industry which returned 15.5% over the past year.

Return vs Market: OPP underperformed the US Market which returned 18% over the past year.


Shareholder returns

OPPIndustryMarket
7 Day-1.3%-1.3%-1.0%
30 Day1.0%-0.7%0.6%
90 Day0.6%4.9%7.9%
1 Year13.5%-0.7%17.8%15.5%20.4%18.0%
3 Year22.8%-11.5%38.1%30.3%48.0%38.5%
5 Yearn/a81.5%64.7%72.2%53.3%

Price Volatility Vs. Market

How volatile is RiverNorth/DoubleLine Strategic Opportunity Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is RiverNorth/DoubleLine Strategic Opportunity Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether RiverNorth/DoubleLine Strategic Opportunity Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as RiverNorth/DoubleLine Strategic Opportunity Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is RiverNorth/DoubleLine Strategic Opportunity Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RiverNorth/DoubleLine Strategic Opportunity Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has RiverNorth/DoubleLine Strategic Opportunity Fund performed over the past 5 years?

16.6%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, RiverNorth/DoubleLine Strategic Opportunity Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is RiverNorth/DoubleLine Strategic Opportunity Fund's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse RiverNorth/DoubleLine Strategic Opportunity Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. RiverNorth/DoubleLine Strategic Opportunity Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is RiverNorth/DoubleLine Strategic Opportunity Fund's current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

Purchase RiverNorth/DoubleLine Strategic Opportunity Fund before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate OPP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate OPP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OPP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OPP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OPP's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

RiverNorth/DoubleLine Strategic Opportunity Fund has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: OPP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
  • Ticker: OPP
  • Exchange: NYSE
  • Founded: 2010
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$0
  • Shares outstanding: 0
  • Website: https://www.rivernorth.com/mutual-funds/rnsix-rndlx

Location

  • RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
  • 325 North Lasalle Street
  • Suite 645
  • Chicago
  • Illinois
  • 60654
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OPPNYSE (New York Stock Exchange)YesCOMUSUSDSep 2016

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 02:57
End of Day Share Price2020/02/21 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.