RiverNorth Opportunities Fund and RiverNorth/DoubleLine Strategic Opportunity Fund Announce Preferred Dividend Declarations for Q3 2025

RiverNorth Opportunities Fund and RiverNorth/DoubleLine Strategic Opportunity Fund have announced preferred dividends for Q3 2025. RiverNorth Opportunities Fund's 6.000% Series A Perpetual Preferred Stock will pay $0.37500 per share, while RiverNorth/DoubleLine Strategic Opportunity Fund's 4.375% Series A Cumulative Preferred Stock, 4.750% Series B Cumulative Preferred Stock, and 6.000% Series C Term Preferred Stock will pay $0.27344, $0.29688, and $0.15000 per share, respectively.

RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. have both declared preferred dividends for the third quarter of 2025. The declarations provide investors with a clear understanding of the distributions they can expect from their preferred stock holdings.

The RiverNorth Opportunities Fund, Inc. has announced a preferred dividend of $0.37500 per share for its 6.000% Series A Perpetual Preferred Stock [2]. This distribution is calculated based on the preferred shares' liquidation preference of $25.00 per share and the most current quarterly distribution rate per share of $0.37500.

The RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has declared preferred dividends for three different series of preferred stock. The 4.375% Series A Cumulative Preferred Stock will pay $0.27344 per share, the 4.750% Series B Cumulative Preferred Stock will pay $0.29688 per share, and the 6.000% Series C Term Preferred Stock will pay $0.15000 per share [2]. The distributions for these series are calculated based on their respective liquidation preferences and quarterly distribution rates.

Investors should note that the actual amounts and sources of the distributions may vary depending on the funds' investment experience during the remainder of their fiscal year. The funds may provide a Section 19(a) notice of the best estimate of their distribution sources at that time, which may not match the final tax characterization contained in shareholders' 1099-DIV forms after the end of the year.

RiverNorth Capital Management, LLC, the independent investment manager and closed-end fund expert specializing in opportunistic strategies and structures, manages $4.9 billion in assets as of June 30, 2025 [1]. The fund's announcement of preferred dividends underscores its commitment to providing stable income to its investors.

Investors are advised to carefully consider the funds' investment objectives, risks, charges, and expenses before investing. The prospectus for each fund should be read carefully before making any investment decisions.

References:
[1] https://finance.yahoo.com/quote/EICB/
[2] https://www.stocktitan.net/news/OPP/river-north-opportunities-fund-inc-and-river-north-double-line-j27y06b2sopw.html