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RiverNorth, DoubleLine Launch Closed End Fund

RiverNorth Capital Management announced the launch of its closed end RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) Wednesday, for which it serves as advisor and DoubleLine Capital serves as sub-advisor. The fund started trading on the NYSE on September 28. RiverNorth said that the fund will opportunistically invest in fixed income securities and tactically invests in closed-end funds.
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