OPP, OPP-PA, OPP-PB, OPP-PC · CIK 0001678130 · other
This closed-end fixed income mutual fund is launched and managed by RiverNorth Capital Management, LLC, with co-management by DoubleLine Capital LP. The fund invests primarily in fixed income securities and uses the Barclays Capital U.S. Aggregate Bond Index as its performance benchmark. Founded in December 2010 and domiciled in the United States, the fund operates as a vehicle for investors seeking exposure to fixed income markets through a professionally managed portfolio structure.
The fund generates revenue through management fees charged to shareholders based on assets under management. As a closed-end fund, it issues a fixed number of shares that trade on the NYSE under the ticker OPP, distinguishing it from open-end mutual funds that allow continuous share issuance and redemption. The fund's operations are headquartered in Chicago, Illinois.
Specific details regarding employee count, total assets under management, or geographic distribution of portfolio holdings are not publicly disclosed in standard registration materials. The fund's investment strategy and portfolio composition are disclosed periodically through regulatory filings and shareholder reports.
No 10-K filings found.