RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)
| Market Value | 189.52M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 23.81M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.15 (14.39%) |
| Ex-Dividend Date | Dec 15, 2025 |
| Volume | 243,041 |
| Open | 8.00 |
| Previous Close | 8.03 |
| Day's Range | 7.93 - 8.02 |
| 52-Week Range | 7.91 - 8.82 |
| Beta | 0.63 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About OPP
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was formed on December 30, 2010 and is domiciled in the United States. [Read more]
News
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final Results of Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the final results of its transferable rights offering (the “Offe...
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Preliminary Results of Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the preliminary results of its transferable rights offering (the...
OPP: The Fund Is Paying Out More Than It Earns (Rating Downgrade)
RiverNorth/DoubleLine Strategic Opportunity Fund is downgraded to a sell due to limited growth prospects in a high-rate environment. OPP offers a high 14% dividend yield and trades at an 8.85% discoun...
Update: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Transferable Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--As announced in a press release dated October 7, 2025 (the “Prior Announcement”), the Board of Directors of the RiverNorth/DoubleLine Strategic Opportunity Fund...
Why We're Buying The Dip On These 8% CEFs
Some of our favorite bond funds (yielding 8%+) just took a header. And it's setting up the best buying opportunity we've seen in nearly three years for CEF investors.
CEF Weekly Review: Rights Offerings Are Everywhere
We review the CEF market valuation and performance through the second week of October and highlight recent market action. Closed-end fund market saw most sectors decline, with MLPs underperforming and...
RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividen...
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Transferable Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) announces that its Board of Directors (the “Board”) has authorized and set the t...
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have established the distribution dates for October, Nov...
OPP: The Preferred Shares Are A Good Deal
I prefer OPP's preferred equity due to the mandatory 200% asset coverage ratio, which provides a strong layer of safety for investors. Preferred dividends are well covered by net investment income, an...
OPP May Expose Investors To Illiquid Risk During A Time Of Heightened Economic Uncertainty
RiverNorth/DoubleLine Strategic Opportunity Fund offers a high 13.33% yield but faces significant risks from leverage, declining rates, and macroeconomic headwinds that may impact small business loans...
OPP: Don't Trust The Distribution As It Is Not Sustainable
RiverNorth/DoubleLine Strategic Opportunity Fund offers a standout 13.33% yield, far exceeding most fixed-income and peer funds, making it attractive for income seekers. Despite high yields, the fund ...
OPP: Reliant On Lower Interest Rates To Fuel Growth
RiverNorth/DoubleLine Strategic Opportunity Fund offers a high 13.6% dividend yield, blending debt investments to provide consistent monthly income, appealing to income-seeking investors. OPP's perfor...
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide d...
OPP-C: A 6.00% Term Preferred IPO From RiverNorth/DoubleLine Strategic Opportunity Fund
RiverNorth/DoubleLine Strategic Opportunity Fund issued a new 6.00% term preferred stock (OPP-C) with a $10 par value. OPP-C offers a strong credit quality, backed by a large cushion from common share...
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Final Results of Non-Transferable Rights Offering for Common and Preferred Stock
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the final results of its inseparable non-transferable rights to ...
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Preliminary Results of Non-transferable Rights Offering for Common and Preferred Stock
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the preliminary results of its inseparable non-transferable righ...
Reminder: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Non-Transferable Rights Offering for Common and Preferred Stock
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--As previously announced in press releases dated October 21, 2024 and November 1, 2024 (the “Prior Announcements”), the Board of Directors of the RiverNorth/Doub...
OPP: Rights Offering Presents Opportunity To Collect High Yield Income At Discounted Price
OPP offers a 13.7% yield and trades at a discount to NAV of nearly -7%. A rights offering will allow shareholders to exercise six rights to buy two shares of common stock and one share of Series C Pre...
Preferreds Weekly Review: Agency Mortgage REIT Results Support Preferreds
We take a look at the action in preferreds and baby bonds through the fourth week of October and highlight some of the key themes we are watching. Preferred stocks fell around 1% due to rising Treasur...
CEF Weekly Review: Invesco Has A Do-Over
We review the CEF market valuation and performance through the fourth week of October and highlight recent market action. Most CEF sectors were down this week while discounts were mixed. Invesco's CMB...
Update: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., Announces Non-Transferable Rights Offering for Common and Preferred Stock
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--As announced in a press release dated October 21, 2024 (the “Prior Announcement”), the Board of Directors of the RiverNorth/DoubleLine Strategic Opportunity Fun...
Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy
As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due ...
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announces Non-Transferable Rights Offering for Common and Preferred Stock
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) announces that its Board of Directors (the “Board”) has authorized and set the t...
OPP: Positioned For Falling Interest Rates, But There Are Some Risks
RiverNorth/DoubleLine Strategic Opportunity Fund offers high income potential with a multi-strategy portfolio managed by different fund managers. The OPP Fund has outperformed the S&P 500 Index over t...