OPP News

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund") (NYSE: OPP) announced the declaration of monthly distributions of $0.18 per common share for the months of April, May and June 2020, payable on the dates noted below. In accordance with the level distribution policy, the rate has been set equal to 12.5% of the average of the Fund’s net asset value ("NAV") per share for the final five trading days of the 2019 calendar year. Based on the Fund’s current NAV per share of $13.88 (as of market close March 31, 2020), the distributions represent an annualized distribution rate of 15.56%. Based on the Fund’s current market price per share of $12.80 the annualized market price distribution rate is 16.88%.