ROPP'C
About this security
OPP'C is a 6% cumulative preferred stock issued by RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., a Closed-End Fund issuer. $10 liquidation preference, current yield 5.88%, callable from 2027-12-01.
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
vs. Closed-End Fund category (25 issues): yield 5.88% vs avg 6.26% · discount +2.1% vs avg -16.5%
Quote
| OPP'C (preferred) | OPP (common) | |
|---|---|---|
| Last | $10.21 | $7.62 |
| Change | — | — |
| Open | $10.17 | $7.58 |
| High / Low | $10.21 / $10.17 | $7.64 / $7.58 |
| Prev Close | — | — |
| Volume | 579 | 74,018 |
| 52-Week High / Low | $10.37 / $10.08 | $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
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-05-01 | $0.150000 |
| 2026-02-02 | $0.150000 |
| 2025-11-03 | $0.150000 |
| 2025-08-01 | $0.150000 |
| 2025-05-01 | $0.150000 |
| 2025-02-03 | $0.125000 |
Performance — $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Prospectus (SEC 424B5)
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is issuing non-transferable subscription rights to its stockholders of record as of November 5, 2024. These Rights will allow Record Date Stockholders to subscribe for (i) new Common Shares in an aggregate amount of up to 7,658,000 Common Shares; and (ii) newly issued 6.00% Series C term preferred stock in an aggregate amount of up to 3,829,000 Series C Preferred Shares.
Use of proceeds: Net proceeds will be used to increase the Fund's assets so it may take advantage of investment opportunities, maintain its leverage ratio, and raise additional capital, invested in accordance with the Fund's investment objective and strategies.
Other Securities from RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
| Symbol | Type | Coupon | Price | Yield |
|---|---|---|---|---|
| OPP'A | preferred | 4.375% | 15.92 | 6.87% |
| OPP'B | preferred | 4.750% | 17.00 | 6.98% |
News — RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
- The Technical Signals Behind (OPP) That Institutions Follow — news.stocktradersdaily.com · Aug 01, 2026
- Precision Trading with Rivernorth/doubleline Strategic Opportunity Fund Inc. (OPP) Risk Zones — news.stocktradersdaily.com · Jul 20, 2026
- RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. to Issue Monthly Dividend of $0.09 (NYSE:OPP) — thelincolnianonline.com · Jul 02, 2026
- RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP) to Issue $0.09 Monthly Dividend — thelincolnianonline.com · Jul 02, 2026
- Trading the Move, Not the Narrative: (OPP) Edition — news.stocktradersdaily.com · Jun 17, 2026
- Yakira Capital Management Inc. Invests $752,000 in RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. $OPP — thelincolnianonline.com · Jun 15, 2026
Issuer news via Tiingo — filtered to stories about OPP.