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Bond King Gundlach At A Discount

TedTed
in The Bullpen
FYI: Jeff Gundlach’s DoubleLine Capital teamed up with RiverNorth Capital Management in late September to bring a joint closed-end fund to market.

The RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) priced at $20 on its IPO day, a 2.3% premium to its recent NAV of $19.54. Since the Election Day upset, it has fallen sharply to a 7% discount.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2016/11/22/bond-king-gundlach-at-a-discount/tab/print/
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