RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed-end investment company specializing in sourcing current income and overall total return through a multi-strategy approach. The fund stands out for its opportunistic style, allocating its assets across three principal strategies: Tactical Closed-End Fund Income, Alternative Credit, and Opportunistic Income. Managed as a collaboration between RiverNorth Capital Management and DoubleLine Capital, the fund invests in a diverse array of assets including closed-end funds, special purpose acquisition companies, business development companies, exchange-traded funds, small and mid-sized business loans, and both agency and non-agency mortgage-backed securities—spanning residential and commercial segments. This broad mix gives the fund exposure to niche and less efficient segments of the fixed income market, aiming to capitalize on market anomalies and create value where traditional vehicles might not operate. The fund’s structure as a closed-end fund allows it to pursue longer-term, research-driven strategies free from daily redemption constraints, supporting a disciplined focus on risk management and market inefficiency exploitation. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. serves investors seeking diversified income and potential capital appreciation from both mainstream and alternative segments of the debt market.
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