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OPP'A NOW TRADING POST CALL DATE

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. · Series A · Closed-End Funds
Also quoted as: OPP-A, OPPprA, OPP.PRA, OPP-PA, OPPpA
$15.22
last price · 2026-09-14

About this security

OPP'A is a 4.375% cumulative perpetual preferred stock issued by RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., grouped under Closed-End Funds. $25 liquidation preference, current yield 7.19%, callable from 2025-11-15.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.: RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) is a closed-end management investment company launched in 2016 and listed on the NYSE. It opportunistically invests in fixed income securities and alternative credit instruments, and tactically invests in other closed-end funds. The fund allocates assets across three principal strategies — Tactical Closed-End Fund Income, Alternative Credit, and Opportunistic Income — with RiverNorth Capital Management overseeing the first two and DoubleLine Capital LP managing the third. The Opportunistic Income strategy primarily invests in agency and non-agency residential mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities.

All RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 19:09:14 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
7.19%
Annual Dividend
$1.0938
Recent Market Price
$15.22
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$9.78 (+64.3%)
Recent Ex-Date
2026-08-03
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
4.375%
Call Date
2025-11-15 ⚑ callable now
Yield to Call
n/a (callable now)
Yield to Worst
7.19%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Pay Dates
February 15, May 15, August 15 and November 15
Shares Offered (original)
2,200,000 +330,000 OA
Issued
2020-10-23
Series
A
Alt. Symbology
OPP-A, OPPprA, OPP.PRA, OPP-PA, OPPpA

vs. Closed-End Funds (36 issues with a current yield): yield 7.19% vs avg 6.70% · discount -39.1% vs avg -17.4%

Quote

 OPP'A (preferred)OPP (common)
As of 2026-09-14 2026-09-14
Last $15.22 $7.28
Change +0.01 (+0.07%) -0.08 (-1.09%)
Open$15.12$7.31
High / Low $15.29 / $15.12 $7.34 / $7.26
Prev Close$15.21$7.36
Volume4,264120,309
52-Week High / Low $17.80 / $15.00 $8.82 / $7.26

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

OPP'A OPP (common)

Dividend History

Ex-DateAmount / Share
2026-08-03$0.273440
2026-05-01$0.273440
2026-02-02$0.273440
2025-11-03$0.273440
2025-08-01$0.273440
2025-05-01$0.273440
2025-02-03$0.273000
2024-11-01$0.273440
2024-08-01$0.273440
2024-05-01$0.273440
2024-02-01$0.273440
2023-11-01$0.273440

Performance: $10K Calculator

See what an investment in OPP'A would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for OPP'A →

Prospectus (SEC 424B5)

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund") is offering 2,200,000 shares of its 4.375% Series A Cumulative Preferred Stock, par value $0.0001 per share (the "Series A Preferred Shares").

Use of proceeds: The Fund intends to use the net proceeds from the sale of the Series A Preferred Shares to repay borrowings under the Credit Facility and for general working capital purposes.

Full Prospectus (SEC filing) →

Other Securities from RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

SymbolTypeCouponPriceYield
OPP'B preferred 4.750% 16.54 7.18%
OPP'C preferred 6.000% 10.25 5.85%

News: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Issuer news via Tiingo, filtered to stories about OPP.

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