The RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., a closed ended fixed income mutual fund, has been launched and is being managed by the esteemed RiverNorth Capital Management, LLC. The fund is a joint endeavor between RiverNorth and DoubleLine Capital LP, with investments being made in the fixed income markets. It is aimed at benchmarking the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. On December 30, 2010, the RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was established and is presently based in the United States.