RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.·Financial Services

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 April, May, and June 2026. The payments of the distributions are subject to Board approval. Ex Date Record Date Payable Date 4/15/2026 4/15/2026 4/30/2026 5/15/2026 5/15/2026 5/29/2026 6/15/2026 6/15/2026 6/30/2026 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 03.

The RiverNorth/DoubleLine Strategic Opportunity Fund offers a 13.82% yield but struggles to sustain its distribution, risking further cuts. OPP's heavy bond allocation exposes investors to inflation risk and declining purchasing power, undermining its appeal as a long-term income vehicle. Despite recent distribution cuts, OPP's net asset value continues to decline, signaling ongoing overdistribution and likely future reductions.

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 dividends for the first quarter of 2026, as detailed below. Ex Date Record Date Payable Date February 2, 2026 February 2, 2026 February 13, 2026 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverN.
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.
Financial Services
Asset Management
2016-09-28
0.61
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