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OPP'B

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. · Series B · Closed-End Fund
Also quoted as: OPP-B, OPPprB, OPP.PRB, OPP-PB, OPPpB
$17.00
last price

About this security

OPP'B is a 4.75% cumulative perpetual preferred stock issued by RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., a Closed-End Fund issuer. $25 liquidation preference, current yield 6.98%, callable from 2027-02-15.

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.

Issuer page — all RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 08:18:07 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
6.98%
Annual Dividend
$1.1875
Recent Market Price
$17.00
as of 2026-07-31
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$8.00 (+47.0%)
Recent Ex-Date
2026-05-01
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
4.750%
Call Date
2027-02-15
Yield to Call
not callable until 2027-02-15
Yield to Worst
6.98%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Pay Dates
February 15, May 15, August 15, November 15
Shares Offered (original)
2,400,000
Issued
2021-11-22
Series
B
Alt. Symbology
OPP-B, OPPprB, OPP.PRB, OPP-PB, OPPpB

vs. Closed-End Fund category (25 issues): yield 6.98% vs avg 6.26% · discount -32.0% vs avg -16.5%

Quote

 OPP'B (preferred)OPP (common)
Last $17.00 $7.62
Change
Open$17.10$7.58
High / Low $17.10 / $16.91 $7.64 / $7.58
Prev Close
Volume7,16674,018
52-Week High / Low $19.41 / $16.91 $8.82 / $7.49

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

OPP'B OPP (common)

Dividend History

Ex-DateAmount / Share
2026-05-01$0.296880
2026-02-02$0.296880
2025-11-03$0.296880
2025-08-01$0.296880
2025-05-01$0.296880
2025-02-03$0.297000
2024-11-01$0.296880
2024-08-01$0.296880
2024-05-01$0.296880
2024-02-01$0.296880
2023-11-01$0.296880
2023-08-01$0.296880

Performance — $10K Calculator

See what an investment in OPP'B 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'B →

Prospectus (SEC 424B5)

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund" or "we") is offering 2,400,000 shares of its 4.75% Series B Cumulative Preferred Stock, par value $0.0001 per share (the "Series B Preferred Shares").

Use of proceeds: The Fund intends to use the net proceeds 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'A preferred 4.375% 15.92 6.87%
OPP'C preferred 6.000% 10.21 5.88%

News — RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Issuer news via Tiingo — filtered to stories about OPP.

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