Rivernorth doubleline strategic opport

Financial Professional Sign In

Limited Partnership investors can get admission to fund statements and extra here

Fund Data as of seven.2.2021

The Market Price ticker image represents the choices Fund’s secondary marketplace rate per proportion as it is traded on the NYSE. The NAV ticker symbol represents the Fund’s Net Asset Value according to percentage as it’s miles reported with the aid of the choices Fund Sponsor through NASDAQ.

Investment Objective & Philosophy

Diversification does no longer ensure a income or assure in opposition to loss.

Investment Strategy

* Investments can also consist of securities which have a rating this is under funding grade, which includes “excessive yield” securities.

Target portfolio asset allocations are estimates made through the choices adviser and difficulty to alternate.

High yield bonds are problem to hobby charge chance. If charges growth, the cost usually declines.

Investment Rationale

The Fund also presents:

Leverage is a speculative method that exposes a closed-stop fund to more risk and expanded expenses than if it have been now not used. The use of leverage may cause greater volatility within the degree of a closed-quit fund’s NAV, marketplace charge and distributions on its common shares. Leverage will even result in higher fees to the closed-end fund supervisor due to the fact the quantity of belongings underneath control can be included within the Fund’s managed assets. There may be no assurance that a closed-stop fund will use leverage or that its leveraging strategy could be successful at some stage in any length wherein it’s miles hired.

Fund Information

four.375% Series A Cumulative Preferred Stock

Preferred Issue: Distributions

The distribution changed into calculated based totally on the favored stocks Liquidation Preference of $25.00 according to percentage and maximum modern distribution fee in keeping with share of four.375%. Distributions may be paid from sources of earnings other than ordinary earnings, which includes net found out short-time period capital gains, internet found out long term capital profits and return of capital. The modern-day distribution has been paid from everyday earnings. The real quantities and resources of the choices amounts for tax reporting purposes will rely upon the Fund’s investment experience at some point of the the rest of its financial 12 months and may be subject to modifications based totally on tax policies. If a distribution includes whatever aside from net investment earnings, the Fund presents a Section 19(a) observe of the satisfactory estimate of its distribution sources at that point. These estimates may not fit the very last tax characterization (for the total yr’s distributions) contained in shareholders’ 1099-DIV bureaucracy after the end of the 12 months.

Portfolio Detail As of five.31.2021

Portfolio asset allocations are estimates made with the aid of the choices adviser and are issue to alternate. Based on market cost (together with assets attributable to leverage).

The allocation does no longer upload as much as one hundred% as it reflects the envisioned leverage utilized by the underlying budget.

Portfolio Statistics as of 5.31.2021

Performance information quoted represents beyond overall performance, which is not a assure of destiny results. Current performance may be lower or higher than the performance quoted. The major price and funding go back of an investment will range in order that your stocks can be worth greater or much less than their original cost. You can achieve performance facts modern to the choices maximum latest month give up with the aid of calling 844.569.4750. Total return measures internet investment profits and capital gain or loss from portfolio investments. All performance shown assumes reinvestment of dividends and capital gains distributions.

Market charge is the choices charge that the Fund closed at on the number one listing exchange on the choices as-of date listed above.

NAV is the choices Net Asset Value of the choices Fund and equals the choices fee of all the Fund’s belongings (much less liabilities) divided by using the choices wide variety of shares high-quality.

Expenses do now not include the effects of leverage.

Portfolio Managers

Mr. Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine. He is identified as an professional* in bond and glued profits investments. In 2012, he became named one of the “50 Most Influential” via Bloomberg Markets mag. In 2013, he became named “Money Manager of the Year” by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy.

Mr. Sherman joined DoubleLine in 2009, presently serves as the choices Deputy Chief Investment Officer and is a member of DoubleLine’s Executive Management and Fixed Income Asset Allocation Committees. He additionally, serves as a portfolio manager for spinoff-based totally and multi-asset strategies.

Distributions (tentative agenda)four

Risk is inherent in all making an investment. Investing in any investment organisation safety entails hazard, which includes the choices threat that you can acquire little or no go back to your funding or even that you can lose part or all of your investment. Therefore, before investing in the Common Shares, you should take into account the risks as well as the alternative records in the prospectus.

More specific facts concerning these dangers may be found inside the Fund’s prospectus.

Past performance is no assure of future consequences. Diversification does not make certain a profit or assure against loss.

An funding inside the Fund is not suitable for all traders and isn’t meant to be a whole funding program. The Fund is designed as an extended-time period funding and now not as a buying and selling car.

Investors should recollect the choices Fund’s funding goal, risks, charges and fees cautiously earlier than investing. The prospectus should be study carefully earlier than investing. For more statistics, please examine the choices prospectus, name your monetary expert or call 844.569.4750.

The fund is a closed-quit fund and closed-cease finances do now not continuously difficulty shares for sale as open-end mutual budget do. Since the choices preliminary public providing, the Fund now trades in the secondary market. Investors wishing to buy or promote shares want to region orders via an intermediary or broking. The share charge of a closed-quit fund is based totally in the marketplace’s fee.

CFA® is a trademark owned by means of the choices CFA Institute.

DoubleLine® is a registered trademark of DoubleLine Capital LP.

1 The price at which a closed-give up fund trades often varies from its NAV. Some finances have marketplace expenses below their internet asset values – called a reduction. Conversely, some finances have marketplace prices above their net asset values – known as a premium

2 The Bloomberg Barclays US Aggregate Bond Index is an unmonitored index of investment-grade constant-price debt issues with maturities of as a minimum 12 months. The index can’t be invested in directly and does now not replicate charges and costs.

3 Estimated Duration: Duration is a measure of the sensitivity of the charge of a fixed profits funding to a exchange in interest costs. Duration is expressed as a number of years. Duration is predicted via the choices adviser primarily based on sure assumptions from 1/3-party statistics and is situation to alternate.

four The Fund has applied a degree distribution policy ensuing in monthly distributions of $zero.18 in keeping with share of commonplace inventory, representing an annualized distribution charge of 12.5%. Distributions can be paid from sources of earnings aside from ordinary income, consisting of net found out short-term capital gains, internet realized long-time period capital gains and go back of capital. The Fund estimates that 29.60% of the distribution is attributable to contemporary 12 months net funding earnings and 70.40% is resulting from return of capital. The actual amounts and resources of the choices amounts for tax reporting functions will depend on the Fund’s funding enjoy at some stage in the choices remainder of its economic 12 months and can be difficulty to changes primarily based on tax rules. If a distribution includes some thing apart from internet funding earnings, the choices Fund presents a Section 19(a) note of the satisfactory estimate of its distribution assets at that time. These estimates may not suit the choices final tax characterization (for the overall yr’s distributions) contained in shareholders’ 1099-DIV paperwork after the stop of the year.

This website does not represent an offer to sell or a solicitation of a suggestion to shop for shares of the choices Funds in any jurisdiction in which such provide, solicitation, purchase or sale would be illegal under the choices securities laws of such jurisdiction.

An funding in the Funds includes threat, which includes loss of essential.