GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth/DoubleLine Strategic Opportunity Fund Inc (NYSE:OPP) » Definitions » Cash Flow from Financing

RiverNorth/DoubleLine Strategic Opportunity Fund (RiverNorth/DoubleLine Strategic Opportunity Fund) Cash Flow from Financing : $-34.26 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is RiverNorth/DoubleLine Strategic Opportunity Fund Cash Flow from Financing?

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the six months ended in Dec. 2023, RiverNorth/DoubleLine Strategic Opportunity Fund paid $0.00 Mil more to buy back shares than it received from issuing new shares. It received $0.00 Mil from issuing more debt. It paid $0.00 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $16.81 Mil paying cash dividends to shareholders. It received $0.00 Mil on other financial activities. In all, RiverNorth/DoubleLine Strategic Opportunity Fund spent $16.81 Mil on financial activities for the six months ended in Dec. 2023.


RiverNorth/DoubleLine Strategic Opportunity Fund Cash Flow from Financing Historical Data

The historical data trend for RiverNorth/DoubleLine Strategic Opportunity Fund's Cash Flow from Financing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RiverNorth/DoubleLine Strategic Opportunity Fund Cash Flow from Financing Chart

RiverNorth/DoubleLine Strategic Opportunity Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Flow from Financing
Get a 7-Day Free Trial -22.01 3.75 4.14 66.96 -4.23

RiverNorth/DoubleLine Strategic Opportunity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Flow from Financing Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.51 -15.54 13.22 -17.45 -16.81

RiverNorth/DoubleLine Strategic Opportunity Fund Cash Flow from Financing Calculation

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

RiverNorth/DoubleLine Strategic Opportunity Fund's Cash from Financing for the fiscal year that ended in Jun. 2023 is calculated as:

RiverNorth/DoubleLine Strategic Opportunity Fund's Cash from Financing for the quarter that ended in Dec. 2023 is:


Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-34.26 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RiverNorth/DoubleLine Strategic Opportunity Fund  (NYSE:OPP) Cash Flow from Financing Explanation

Cash from financing contains six items:

1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.

RiverNorth/DoubleLine Strategic Opportunity Fund's issuance of stock for the six months ended in Dec. 2023 was $0.00 Mil.

2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.

RiverNorth/DoubleLine Strategic Opportunity Fund's repurchase of stock for the six months ended in Dec. 2023 was $0.00 Mil.

3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

RiverNorth/DoubleLine Strategic Opportunity Fund's net issuance of debt for the six months ended in Dec. 2023 was $0.00 Mil. RiverNorth/DoubleLine Strategic Opportunity Fund received $0.00 Mil from issuing more debt.

4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

RiverNorth/DoubleLine Strategic Opportunity Fund's net issuance of preferred for the six months ended in Dec. 2023 was $0.00 Mil. RiverNorth/DoubleLine Strategic Opportunity Fund paid $0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.

5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

RiverNorth/DoubleLine Strategic Opportunity Fund's cash flow for dividends for the six months ended in Dec. 2023 was $-16.81 Mil. RiverNorth/DoubleLine Strategic Opportunity Fund spent $16.81 Mil paying cash dividends to shareholders.

6. Other Financing:
Money spent or earned by company from other financial activities.

RiverNorth/DoubleLine Strategic Opportunity Fund's other financing for the six months ended in Dec. 2023 was $0.00 Mil. RiverNorth/DoubleLine Strategic Opportunity Fund received $0.00 Mil on other financial activities.


RiverNorth/DoubleLine Strategic Opportunity Fund Cash Flow from Financing Related Terms

Thank you for viewing the detailed overview of RiverNorth/DoubleLine Strategic Opportunity Fund's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth/DoubleLine Strategic Opportunity Fund (RiverNorth/DoubleLine Strategic Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
360 S. Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth/DoubleLine Strategic Opportunity Fund Inc is a closed-end management investment company. The company's investment objective is to seek current income and overall total return.
Executives
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Brian H Schmucker other: OFFICER OF THE INVT ADVISER 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Youse Guia other: Exec Comm Mbr: OPP Subadviser C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Exec Comm Mbr: OPP Subadviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Rivernorth Marketplace Lending Corp other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Fred G Steingraber director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins officer: CCO and Secretary 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt officer: CFO and Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607

RiverNorth/DoubleLine Strategic Opportunity Fund (RiverNorth/DoubleLine Strategic Opportunity Fund) Headlines