RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends

RiverNorth Opportunities Fund and RiverNorth/DoubleLine Strategic Opportunity Fund declared their regular Q4 2026 preferred dividends, payable November 13, 2026 with a November 2 ex/record date. For the OPP-affiliated DoubleLine fund, quarterly distributions are $0.27344 per share on the 4.375% Series A, $0.29688 on the 4.750% Series B, and $0.15000 on the 6.000% Series C term preferred. This is a routine fixed-rate preferred declaration with no change to distribution policy; the release notes distributions may include return of capital per Section 19(a).

•9d ago

RiverNorth Closed-End Funds Declare Monthly Distributions

RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) declared its monthly distribution of $0.0910 per share as part of scheduled Q4 2026 distribution dates for the RiverNorth closed-end funds. At the 09/30/2026 NAV of $7.88, OPP's annualized distribution rate is 13.86%, or 15.78% at its $6.92 market price, with an estimated 56.90% from net investment income and 43.10% return of capital. The declaration follows the fund's standing level distribution policy set at 12.50% of NAV, so no policy or rate change was announced.

•24d ago

RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. declared dividends for its three series of preferred stock for the third quarter of 2026. The distribution rates are $0.27344 per share for the 4.375% Series A, $0.29688 per share for the 4.750% Series B, and $0.15000 per share for the 6.000% Series C. The ex-dividend and record dates are set for August 3, 2026, with payments scheduled to be made on August 14, 2026.

•3mo ago

RiverNorth Closed-End Funds Declare Monthly Distributions

RiverNorth announced distribution dates for July, August, and September 2026, with Ex-Dates scheduled for mid-month and Payable Dates at the end of each month. For the RiverNorth/DoubleLine Strategic Opportunity Fund (OPP), the monthly distribution is set at $0.0910 per share. The fund estimates that approximately 64.9% of the distribution is attributable to net investment income, with the remaining 35.1% classified as a return of capital.

•3mo ago