I had a couple actions in my portfolios on Friday, 9/22/2023.
I had forgotten I had a modest position in the Apollo Global Management 6.375% investment grade perpetual preferred (AAM-A) which was redeemed on Friday–so cash came into the account. 18-19% gain in 51 weeks–bought 9/26/2022 for $22.30. Wish I would have had an overweight in this one (with the benefit of 20/20 hindsight).
I bought more of the RiverNorth Doubleline Strategic Opportunities Fund 4.75% perpetual (OPP-B) @ $19.50. This is the one I mentioned earlier in the week that I bought 4 shares on a good til cancelled order–so I lowered my order 25 cents and it was hit on Friday (should have gone even lower on the gtc). While current yield is just 6.15% the real potential lies in a peaking or reduction of interest rates in the next year or so–my mental target would be say a 16% gain a year from now (10% cap appreciation plus dividends) – of course who knows what interest rates hold for the next year.