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RiverNorth Closed-End Funds Declare Monthly Distributions
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RiverNorth/DoubleLine Strategic Opportunity Fund Inc is a closed-end management investment company. The company's investment objective is to seek current income and overall total return.
Rivernorth/Doubleline Strategic Opportunity trades on the NYSE stock market under the symbol OPP.
As of March 10, 2026, OPP stock price climbed to $7.75 with 80,091 million shares trading.
OPP has a beta of 0.19, meaning it tends to be less sensitive to market movements. OPP has a correlation of 0.19 to the broad based SPY ETF.
OPP has a market cap of $103.73 million. This is considered a Micro Cap stock.
In the last 3 years, OPP traded as high as $9.30 and as low as $7.26.
OPP has underperformed the market in the last year with a return of +2.0%, while SPY returned +22.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in OPP shares. However, OPP has outperformed the market in the last 3 month and 2 week periods, returning +0.3% and -1.1%, while SPY returned -1.2% and -1.5%, respectively. This indicates OPP has been having a stronger performance recently.
OPP support price is $7.65 and resistance is $7.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPP shares will trade within this expected range on the day.
