RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)

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 terms of an offering to the Fund's common stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue transferable subscription rights (“Rights”) to its common stockholders of record as of October 24, 2025 (the “Record Date” and such stockh.

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, November and December 2025. The payments of the distributions are subject to Board approval. Ex Date Record Date Payable Date 10/15/2025 10/15/2025 10/31/2025 11/14/2025 11/14/2025 11/28/2025 12/15/2025 12/15/2025 12/31/2025 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset V.

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, and the current asset coverage ratio stands at a healthy 281%. Series B preferred shares offer a higher yield (6.5%) than Series A, with minimal call risk, making them the more attractive option right now.

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 third quarter of 2025, as detailed below. Ex Date   Record Date   Payable Date August 1, 2025   August 1, 2025   August 15, 2025 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 Rive.

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. The fund's heavy allocation to floating-rate loans and small business debt could suffer if rates fall and trade tensions escalate, increasing default risk. OPP's high fees, underperformance versus peers, and declining distributions further weaken its investment appeal compared to similar closed-end funds.

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 has a history of distribution cuts and struggles to fully cover payouts, risking further reductions and eroding net asset value. The portfolio is heavily weighted toward debt securities, limiting capital appreciation potential and exposing investors to risks from U.S. dollar weakness and inflation.

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 July, August and September 2025. The payments of the distributions are subject to Board approval. Ex Date Record Date Payable Date 7/15/2025 7/15/2025 7/31/2025 8/15/2025 8/15/2025 8/29/2025 9/15/2025 9/15/2025 9/30/2025 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as.

Heightened market volatility offers unique buying opportunities for income investors, particularly in high-yield income funds like CEFs and ETFs, ideal for retirement portfolios. CEFs are attractive due to their potential to trade at a discount, leverage to magnify returns, and managed distribution policies, despite the misunderstood concept of return of capital. Four recommended CEFs—OPP, CCIF, NHS, and ECAT—offer high yields and are suited for different economic scenarios, providing diverse options for income compounder portfolios.

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 second quarter of 2025, as detailed below. Ex Date Record Date Payable Date May 1, 2025 May 1, 2025 May 15, 2025 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth/DoubleLin.

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 performance is hindered by high interest rates, with a 37.2% price decline over five years, despite a 29% total return including distributions. The fund's diversified debt strategy includes MBS, small business loans, and leveraged investments, but high leverage and interest rate sensitivity pose significant risks.

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 2025. The payment of the distributions are subject to Board approval. Ex Date Record Date Payable Date 4/15/2025 4/15/2025 4/30/2025 5/15/2025 5/15/2025 5/30/2025 6/13/2025 6/13/2025 6/30/2025 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 3/31.

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 diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.

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 distributions, making it a relatively safe investment for up to three years. The fund's capital structure and asset coverage covenants further enhance the security of OPP-C, despite its small issue size potentially limiting large positions.

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 purchase additional shares of common stock and newly issued 6.00%, 3-Year Term, Series C Term Preferred Stock (the “Series C Preferred Stock”) of the Fund (the “Offering”). The Fund will issue a total of 838,412 new shares of common stock and 419,206 new shares of Series C Preferred Stock as a resu.

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 rights to purchase additional shares of common stock and newly issued 6.00%, 3-Year Term, Series C Term Preferred Stock (the “Series C Preferred Stock”) of the Fund (the “Offering”) that expired on November 25, 2024 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 8.

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/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) has authorized and set the terms of an offering to the Fund's stockholders of inseparable non-transferable rights to purchase additional shares of common stock and newly issued 6.00%, 3-Year Term, Series C Term Preferred Stock (the “S.