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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-CSR

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

 

811-23166

(Investment Company Act File Number)

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

(Exact Name of Registrant as Specified in Charter)

 

360 South Rosemary Avenue, Suite 1420

West Palm Beach, FL 33401

(Address of Principal Executive Offices)

 

Marcus L. Collins, Esq.

RiverNorth Capital Management, LLC

360 South Rosemary Avenue, Suite 1420

West Palm Beach, FL 33401

(Name and Address of Agent for Service)

 

(561) 484-7185

(Registrant’s Telephone Number)

 

Date of Fiscal Year End: June 30

 

Date of Reporting Period: June 30, 2024 

 

 

Item 1.Reports to Stockholders.

 

(a)

 

 

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Table of Contents

 

Shareholder Letter 2
Performance Overview 4
Summary Schedule of Investments 9
Statement of Assets and Liabilities 32
Statement of Operations 34
Statements of Changes in Net Assets 35
Statement of Cash Flows 36
Financial Highlights 38
Notes to Financial Statements 41
Report of Independent Registered Public Accounting Firm 58
Dividend Reinvestment Plan 59
Summary of Updated Information Regarding the Fund 61
Directors and Officers 94
Additional Information 98

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Shareholder Letter June 30, 2024 (Unaudited)

 

Dear Fellow Shareholders,

 

We began last year’s letter recapping the Federal Reserve’s (the “Fed”) historic lifting of short-term rates. Rising short term rates, combined with the relative stickiness of longer-term rates caused the U.S. Treasury (“UST”) yield curve to invert. Fast forward one year, and the yield curve remains inverted. At well over one year, this is the longest yield curve inversion in modern history.*

 

There does appear to be a light at the end of the tunnel. As of this writing, the futures market is pricing in a 92% chance of at least one rate cut by the end of the year and a 47% chance of two. However, with the 10-year UST yield currently trading at ~4.3%, it would actually require 5, 0.25% cuts for the yield curve to be positively sloped.

 

Why does this matter? As we’ve mentioned time and again, closed-end funds (“CEFs”) are highly sensitive to current levels of interest rates and expectations for changes in rates. An inverted yield curve can be particularly challenging for CEFs that use short-term floating rate debt for their leverage facilities. Further, many CEFs tend to invest in longer-term fixed income assets where they expect to earn a spread over their cost of borrowing. An inverted yield curve makes that “carry trade” challenging. It’s our view that interest rates (both current and expected) are a significant driver of CEF investor sentiment. The rate environment has been the biggest reason, in our opinion, why CEFs have been trading at relatively wide discounts for nearly 3 years. It’s worth noting that the Fund’s primary source of leverage is two fixed-rate, perpetual preferred security issued at 4 3/8 and 4 ¾ in 2021 and 2022, respectively. That issuance has helped the Fund avoid some of the income squeeze taking place across the CEF universe.

 

In last year’s letter, we noted that CEF investor sentiment appeared to be improving. One year later, we believe that is still the case. CEF returns for the year ended June 30, 2024 have been generally good, although discounts have only narrowed ~4%. After a rash of distribution cuts in 2021 and 2022, we’re seeing more CEFs raise distributions as opposed to cutting them. We’ll reiterate our view that the primary risks of investing in CEFs today are rising longer term rates and economic weakness. Furthermore, the Fed has yet to declare victory in its fight to stabilize inflation. Inflation remaining above the Fed’s comfort zone could be the driver of fewer than expected rate cuts (or even more rate hikes).

 

As a refresher, the Fund allocates capital across three distinct, complementary strategies: Opportunistic Fixed Income, sub-advised by DoubleLine Capital, LP; Alternative Credit, consisting of small business whole loans originated by Square Capital, LLC; and Tactical CEF Income, a portfolio of mostly taxable credit-oriented CEFs and debt securities issued by BDCs.

 

We believe each of these strategies has a compelling investment thesis. The Opportunistic Fixed Income strategy provides exposure to a diversified portfolio of traditional and bespoke credit assets overseen by what we believe to be is one of the top fixed income managers in the world. Since fixed income markets began repricing in late 2021, we believe you can find significant income and value in some of the lesser traveled corners of the asset backed securities markets. By combining some of these asset classes with traditional government and agency securities, we feel that you can build a portfolio with an attractive income stream that also balances credit and interest rate risk. The Alternative Credit strategy provides exposure to a unique asset that generates an attractive income stream off a very short duration portfolio of small business whole loans. In our opinion, these loans also provide diversification benefits relative to traditional corporate and government bonds. Last, the Fund’s Tactical CEF strategy presents an opportunity to own credit assets at a discount via the CEF wrapper relative to buying the assets directly. Buying assets at a discount provides enhanced yield while also a potential source of alpha from discount narrowing. Additionally, the strategy has a meaningful allocation to investment company debt. These securities issued by BDCs and CEFs to provide structural leverage in their underlying portfolios offer attractive spreads to other investment grade, fixed income asset classes. This in turn helps boost the Fund’s income stream while prudently managing credit risk and interest rate exposure.

 

 

2 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Shareholder Letter June 30, 2024 (Unaudited)

 

On the topic of the income stream, we like to remind our shareholders of the Fund’s level distribution policy (“LDP”) which is currently set at 12.5% of the end of 2023’s net asset value. We believe LDPs set an attractive, sustainable rate and are an important method of providing equitable liquidity to shareholders at net asset value and also have a significant impact on how CEFs trade on the secondary market.

 

We are pleased to provide you with the following 2024 Annual Report. Please visit www.rivernorth.com for additional information. We thank you for your investment and trust in managing your assets.

 

Respectfully,

 

RiverNorth Capital Management, LLC

 

Opinions and estimates offered constitute our judgement and are subject to change.

 

*Note: as measured by the 10-year UST yield minus the 3-month T-Bill Yield. Similar results if you use the more conventional 10 year minus 2-year measure.

 

DEFINITIONS

 

U.S. Treasuries are seen as a good example of a risk-free investment because they are backed by the “full faith and credit” of the U.S. government. Treasury securities are divided into three primary categories according to the length of maturity. These are Treasury Bills, Treasury Bonds, and Treasury Notes.

 

The U.S. Treasury yield curve is a line chart that allows for the comparison of the yields of short-term Treasury bills and the yields of long-term Treasury notes and bonds.

 

A carry trade is a trading strategy that involves borrowing at a low-interest rate and investing in an asset that provides a higher rate of return.

 

Alpha is a measure of performance on a risk-adjusted basis. The excess return of a fund relative to the return of the benchmark index is a fund’s alpha.

 

Business development companies (“BDCs”) are organizations that invest in small- and medium-sized companies as well as distressed companies. A BDC helps the small- and medium-sized firms grow in the initial stages of their development.

 

Duration is a measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates. Duration is non-linear and accelerates as time to maturity lessens.

 

Asset-backed securities (“ABS”) are a type of financial investments that are collateralized by an underlying pool of assets—usually ones that generate a cash flow from debt, such as loans, leases, credit card balances, or receivables.

 

 

Annual Report | June 30, 2024 3

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Performance Overview June 30, 2024 (Unaudited)

 

WHAT IS THE FUND’S INVESTMENT STRATEGY?

 

The RiverNorth/DoubleLine Strategic Opportunity Fund (“the Fund”) seeks to achieve its investment objective by allocating its Managed Assets among the three principal investment strategies described below.

 

RiverNorth Capital Management, LLC (“RiverNorth”) allocates the Fund's assets among three principal strategies: Tactical Closed-End Fund Income Strategy, Alternative Credit Strategy, and Opportunistic Income Strategy. RiverNorth manages the Tactical CEF Income Strategy and the Alternative Credit Strategy, and DoubleLine Capital, LP ("DoubleLine") manages the Opportunistic Income Strategy. RiverNorth determines which portion of the Fund’s assets is allocated to each strategy based on market conditions.

 

The Tactical CEF Income Strategy typically invests in closed-end funds (“CEFs”), special purpose acquisition companies (“SPACs”), business development companies (“BDCs”) and exchange-traded funds (“ETFs”). The Alternative Credit Strategy invests primarily in a portfolio of small and mid-sized business loans and related instruments originated from alternative credit platforms. The Opportunistic Income Strategy primarily invests in agency and non-agency residential mortgage-backed securities (“MBS”) and commercial mortgage-backed securities (“CMBS”) seeking to derive value from inefficiencies within the subsectors of the fixed income market while maintaining active risk constraints.

 

HOW DID THE FUND PERFORM RELATIVE TO ITS BENCHMARK DURING THE PERIOD?

 

PERFORMANCE as of June 30, 2024

 

  Annualized
TOTAL RETURN(1) 1 Year 3 Years 5 Years Since Inception(2)
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. – NAV(3) 11.28% -2.59% 0.43% 2.42%
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. – Market(4) 17.04% -4.77% 0.80% 1.82%
Bloomberg U.S. Aggregate Bond Index(5) 2.63% -3.02% -0.23% 0.65%

 

(1)Total returns assume reinvestment of all distributions.
(2)The Fund commenced operations on September 28, 2016.
(3)Performance returns are net of management fees and other Fund expenses.
(4)Market price is the value at which the Fund trades on an exchange. This market price can be more or less than its NAV.
(5)The Bloomberg U.S. Aggregate Bond Index is an unmanaged index of investment grade fixed-rate debt issues with maturities of at least one year. The index cannot be invested in directly and does not reflect fees and expenses.

 

The total annual expense ratio as a percentage of net assets attributable to common shares as of June 30, 2024 is 2.16% (excluding interest on facility loan payable). Including interest on facility loan payable, the expense ratio is 2.75%.

 

 

4 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Performance Overview June 30, 2024 (Unaudited)

 

Performance data quoted represents past performance, which is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value and investment return of an investment will fluctuate so that your shares may be worth more or less than their original cost. You can obtain performance data current to the most recent month end by calling (844) 569-4750. Total return measures net investment income and capital gain or loss from portfolio investments. All performance shown assumes reinvestment of dividends and capital gains distributions but does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.

 

WHAT CONTRIBUTING FACTORS WERE RESPONSIBLE FOR THE FUND’S RELATIVE PERFORMANCE DURING THE FISCAL YEAR ENDED JUNE 30, 2024?

 

RiverNorth Tactical Closed-End Fund Income and Alternative Credit Sleeves

The sleeves’ exposure to small business whole loans and investment company debt were the largest contributors to returns for the period. Exposure to CEFs (net asset values and discounts) contributed small, but positive gains for the fiscal year. Exposure to SPACs and BDCs detracted from returns relative to the Fund's primary benchmark.

 

DoubleLine Opportunistic Income Sleeve

During the 12-month period ended June 30, 2024, the portfolio outperformed the Bloomberg U.S. Aggregate Bond Index (the “Index”) return of 2.63%. The primary driver of the portfolio’s outperformance was duration positioning. The portfolio consistently maintained a lower duration than the Index, which helped performance, as the U.S. Treasury curve steepened over the period. Also contributing to performance was credit selection, as the credit holdings in the portfolio predominantly outperformed the credit holdings in the Index. The best-performing sector in the portfolio was collateralized loan obligations, boosted by their relatively low durations and high levels of monthly interest income. The worst performing sectors were the portfolio’s government-backed holdings, Treasuries and agency mortgage-backed securities. These assets had the longest durations in the portfolio and suffered from price declines as the Treasury yield curve steepened.

 

HOW WAS THE RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND POSITIONED AT THE END OF THE FISCAL YEAR?

 

The Fund's Managed Assets were allocated as follows: 15% RiverNorth Tactical Closed-End Fund Income, 18% RiverNorth Alternative Credit and 67% DoubleLine Opportunistic Income. The biggest asset class allocations were to non-agency MBS and small business whole loans.

 

Total leverage of the portfolio at period end was 35.7%.

 

 

Annual Report | June 30, 2024 5

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Performance Overview June 30, 2024 (Unaudited)

 

DEFINITIONS:

 

Special Purpose Acquisition Companies (“SPACs”) are companies with no commercial operations that are formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company.

 

Business Development Companies (“BDCs”) are organizations that invests in small- and medium-sized companies as well as distressed companies. A BDC helps the small- and medium-sized firms grow in the initial stages of their development.

 

Mortgage-Backed Securities (“MBS”) are asset-backed securities that are secured by a mortgage or collection of mortgages.

 

Residential mortgage-backed securities (“RMBS”) are fixed-income investment products that are backed by mortgages on residential properties rather than commercial real estate.

 

Commercial mortgage-backed securities (“CMBS”) are fixed-income investment products that are backed by mortgages on commercial properties rather than residential real estate.

 

Duration is a measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates. Duration is non-linear and accelerates as time to maturity lessens.

 

U.S. Treasuries are seen as a good example of a risk-free investment because they are backed by the “full faith and credit” of the U.S. government. Treasury securities are divided into three primary categories according to the length of maturity. These are Treasury Bills, Treasury Bonds, and Treasury Notes.

 

The U.S. Treasury yield curve is a line chart that allows for the comparison of the yields of short-term Treasury bills and the yields of long-term Treasury notes and bonds.

 

Collateralized Loan Obligation (“CLO”) is a single security backed by a pool of debt.

 

 

6 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Performance Overview June 30, 2024 (Unaudited)

 

GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT

 

The graph below illustrates the growth of a hypothetical $10,000 investment assuming the purchase of common shares at the closing market price (NYSE: OPP) of $20.00 on September 28, 2016 (commencement of operations) and tracking its progress through June 30, 2024.

 

 

Past performance does not guarantee future results. Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. An investment in the Fund involves risk, including loss of principal.

 

 

Annual Report | June 30, 2024 7

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Performance Overview June 30, 2024 (Unaudited)

 

TOP TEN HOLDINGS* as of June 30, 2024

 

  % of Net Assets
U.S. Treasury Bond, 0.88%, 11/15/2030 6.33%
U.S. Treasury Bond, 1.75%, 08/15/2041 6.05%
U.S. Treasury Bond, 1.13%, 05/15/2040 5.21%
5-Yr U.S. Treasury Note Futures 4.94%
10-Yr U.S. Treasury Note Futures 4.21%
U.S. Treasury Note, 0.75%, 03/31/2026 1.73%
Connecticut Avenue Securities Trust 2024-R03, 8.14%, 03/25/2044 1.65%
U.S. Treasury Note, 0.63%, 08/15/2030 1.63%
Oaktree Specialty Lending Corp., 7.10%, 02/15/2029 1.55%
Government National Mortgage Association, 3.50%, 02/20/2047 1.50%
  34.80%

 

*Holdings are subject to change and exclude short-term investments.

 

ASSET ALLOCATION as of June 30, 2024^

 

 

^Holdings are subject to change.

Percentages are based on total investments of the Fund and do not include derivatives.

 

 

8 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

` Shares/Description      Value 
CLOSED-END FUNDS (2.21%)     
 108,916   Barings Global Short Duration High Yield Fund  $1,573,836 
 189,138   Invesco Dynamic Credit Opportunity Fund   2,080,522 
 72,184   PGIM Short Duration High Yield Opportunities Fund   1,106,581 
           
TOTAL CLOSED-END FUNDS     
(Cost $4,832,773)   4,760,939 
      
CLOSED-END FUNDS - PREFERRED SHARES (0.45%)     
 39,726   XAI Octagon Floating Rate Alternative Income Trust, Series 2026, 6.50%, 03/31/2026   975,277 
           
TOTAL CLOSED-END FUNDS - PREFERRED SHARES     
(Cost $977,210)   975,277 
           
BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES (1.02%)     
 91,480   Crescent Capital BDC, Inc., 5.00%, 05/25/2026   2,200,094 
           
TOTAL BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES     
(Cost $2,298,447)   2,200,094 

 

Principal Amount/Description  Rate  Maturity  Value 
BANK LOANS (0.64%)           
$529,837   Astra Acquisition Corp., Second Lien - Initial Term Loan(a)  3M SOFR + 8.88%  10/22/29  $139,581 
 227,365   Aveanna Healthcare LLC, Second Lien - Initial Term Loan(a)  3M SOFR + 7.00%  12/10/29   210,028 
 1,068   Byju's 4/24 Bridge(a)  3M CME TERM + 8.00%  04/24/26   1,068 
 1,862   Byju's 4/24 New Money TL(a)  3M US L + 0.00%   04/24/26   1,862 
 4,930   Byju's 4/24 Prepetition(a)  3M CME TERM + 8.00%  04/24/26   4,930 
 530,000   Constant Contact, Inc., Second Lien - Initial Term Loan(a)  3M SOFR + 7.50%  02/12/29   492,900 
 71,737   Cyxtera DC Holdings, Inc., First Lien - Initial Term Loan(a)  PRIME + 2.00%  05/01/24   1,435 
 36,278   Lealand Finance Company B.V., First Lien - Take-Back Term Loan(a)  3M US L + 1.00%  06/30/25   17,232 
 2,433   Lealand Finance Company B.V., First Lien - Make-Whole Term Loan(a)  1M US SOFR + 3.00%  06/28/24   1,278 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 9

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description Rate  Maturity  Value 
BANK LOANS (continued)           
$141,052   Riverbed Technology LLC, TL(a)   6M CME TERM SOFR + 2.50%  07/01/28  $86,923 
 217,252   Think & Learn Private, Ltd., First Lien - B Term Loan(a)  3M US L + 7.00%  11/05/26   49,192 
 407,032   Travelport Finance Luxembourg SARL 1L, 2021, First Lien - Initial (Priority) Term Loan(a)  3M SOFR + 7.26%  02/28/25   370,676 
                 
TOTAL BANK LOANS           
(Cost $2,084,287)         1,377,105 
                 
SMALL BUSINESS LOANS (26.82%)(b)(c)(d)(e)           
 67,655,659   Square  2.98% - 6.36%  01/28/24-12/25/25   57,921,835 
                 
TOTAL SMALL BUSINESS LOANS           
(Cost $64,990,790)         57,921,835 
                 
BUSINESS DEVELOPMENT COMPANY NOTES (0.96%)           
Financial (0.96%)           
 2,200,000   PennantPark Floating Rate Capital, Ltd.  4.25%  04/01/26   2,071,499 
                 
TOTAL BUSINESS DEVELOPMENT COMPANY NOTES           
(Cost $2,196,090)         2,071,499 

 

Shares/Description      Value 
COMMON STOCKS (–%)     
 38,618   Pershing Square Tontine Holdings(f)(g)  $0 
 3,705   Riverbed Tech Class B-1 Partnership Units(g)   482 
           
TOTAL COMMON STOCKS     
(Cost $–)   482 

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (10.74%)           
$500,000   Apidos CLO XXIV(a)(h)  3M CME TERM SOFR + 6.06%  10/20/30   496,909 

 

See Notes to Financial Statements.

 

10   (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)           
$500,000   Bain Capital Credit Clo 2019-3, Ltd.(a)(h)  3M CME TERM SOFR + 7.36%  10/21/34  $487,526 
 500,000   Bain Capital Credit Clo 2019-4, Ltd.(a)(h)  3M SOFR + 3.63%  04/23/35   499,954 
 500,000   Bain Capital Credit CLO 2021-2, Ltd.(a)(h)  3M CME TERM SOFR + 3.41%  07/16/34   502,103 
 500,000   Bain Capital Credit CLO 2022-3, Ltd.(a)(h)  3M SOFR + 7.35%  07/17/35   501,893 
 500,000   Barings CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.08%  10/15/30   502,429 
 500,000   Canyon Capital CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/15/31   495,435 
 500,000   Carlyle Global Market Strategies CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.76%  10/15/30   492,571 
 500,000   Carlyle Global Market Strategies CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.61%  05/15/31   483,859 
 1,000,000   Carlyle US CLO 2020-2, Ltd.(a)(h)  3M CME TERM SOFR + 6.96%  01/25/35   1,008,650 
 500,000   Carlyle US CLO 2021-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.26%  04/15/34   502,952 
 500,000   Carlyle US CLO 2023-3, Ltd.(a)(h)  3M CME TERM SOFR + 5.50%  10/15/36   512,850 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 11

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)     
$500,000   Chenango Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.06%  04/15/30  $488,014 
 500,000   Fillmore Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.66%  07/15/30   501,763 
 1,000,000   Galaxy XIX CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.79%  07/24/30   985,127 
 500,000   Goldentree Loan Management US Clo 10, Ltd.(a)(h)  3M CME TERM SOFR + 6.46%  07/20/34   504,394 
 500,000   Goldentree Loan Management US CLO 3, Ltd.(a)(h)  3M CME TERM SOFR + 3.11%  04/20/30   502,226 
 500,000   Marble Point CLO XII, Ltd.(a)(h)  3M CME TERM SOFR + 3.26%  07/16/31   489,862 
 500,000   Milos CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.41%  10/20/30   502,212 
 500,000   Myers Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.76%  10/20/30   502,520 
 500,000   Neuberger Berman Loan Advisers CLO 37, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/20/31   501,482 
 500,000   Neuberger Berman Loan Advisers CLO 42, Ltd.(a)(h)  3M CME TERM SOFR + 6.21%  07/16/35   502,712 

 

See Notes to Financial Statements.

 

12 (888) 848-7569 | www.rivernorth.com
   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)           
$500,000   Neuberger Berman Loan Advisers Clo 44, Ltd.(a)(h)  3M CME TERM SOFR + 6.26%  10/16/34  $503,432 
 500,000   Ocean Trails CLO V(a)(h)  3M CME TERM SOFR + 3.71%  10/13/31   493,706 
 500,000   REESE PARK CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.79%  10/15/34   504,152 
 500,000   Sound Point CLO XXVI, Ltd.(a)(h)  3M CME TERM SOFR + 7.12%  07/20/34   479,487 
 900,000   Sound Point Clo XXX, Ltd.(a)(h)  3M CME TERM SOFR + 3.61%  07/25/34   877,630 
 500,000   Sound Point CLO XXXII, Ltd.(a)(h)  3M CME TERM SOFR + 6.96%  10/25/34   459,035 
 500,000   Thayer Park CLO, Ltd.(a)(h)  3M SOFR + 6.51%  04/20/34   502,938 
 500,000   THL Credit Wind River 2017-3 CLO, Ltd.(a)(h)  3M US L + 7.08%  04/15/35   488,873 
 1,000,000   THL Credit Wind River 2019-1 CLO, Ltd.(a)(h)  3M CME TERM SOFR + 3.71%  07/20/34   968,616 
 500,000   THL Credit Wind River CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/15/30   479,434 
 500,000   Vibrant Clo III, Ltd.(a)(h)  3M CME TERM SOFR + 3.76%  10/20/31   498,933 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 13

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)     
$500,000   Voya CLO 2014-4, Ltd.(a)(h)  3M CME TERM SOFR + 3.61%  07/14/31  $497,521 
 500,000   Voya CLO 2019-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.38%  04/15/31   496,861 
 500,000   Voya CLO 2020-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.61%  07/16/34   501,352 
 1,000,000   Voya CLO 2022-3, Ltd.(a)(h)  3M CME TERM SOFR + 4.50%  10/20/36   1,016,173 
 500,000   Voya CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.21%  07/14/31   464,172 
 500,000   Voya CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.51%  07/15/31   472,387 
 500,000   Webster Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.76%  07/20/30   498,939 
 1,000,000   Wellfleet CLO 2021-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.87%  04/20/34   969,555 
                 
TOTAL COLLATERALIZED LOAN OBLIGATIONS           
(Cost $22,874,910)         23,140,639 

 

Shares/Description      Value 
RIGHTS (0.01%)     
 62,828   Globalink Investment, Inc., Strike Price $11.50, Expires 04/15/2024  $9,738 

 

See Notes to Financial Statements.

 

14 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Shares/Description      Value 
RIGHTS (continued)     
 63,000   Mountain Crest Acquisition Corp. V, Strike Price $0.01, Expires 12/31/2049  $7,123 
           
TOTAL RIGHTS     
(Cost $14,923)   16,861 
           
WARRANTS (0.04%)     
 36,143   Achari Ventures Holdings Corp. I, Strike Price $11.50, Expires 08/05/2026   723 
 27,203   Aeries Technology, Inc., Strike Price $11.50, Expires 10/20/2026   615 
 14,921   AltEnergy Acquisition Corp., Strike Price $11.50, Expires 11/02/2028   345 
 104,172   Beneficient, Strike Price $11.50, Expires 03/14/2028   760 
 36,781   BitFuFu, Inc., Strike Price $11.50, Expires 06/07/2028   13,517 
 7,421   Blockchain Coinvestors Acquisition Corp. I, Strike Price $11.50, Expires 11/01/2028   444 
 54,941   Blue Ocean Acquisition Corp., Strike Price $11.50, Expires 10/21/2028   852 
 29,843   Cactus Acquisition Corp. 1, Ltd., Strike Price $11.50, Expires 10/29/2026   1,626 
 6,744   CERo Therapeutics Holdings, Inc., Strike Price $11.50, Expires 09/01/2026   136 
 52,112   Critical Metals Corp., Strike Price $11.50, Expires 06/06/2028   15,894 
 19,184   Direct Selling Acquisition Corp., Strike Price $11.50, Expires 09/30/2028   451 
 51,583   Euda Health Holdings, Ltd., Strike Price $11.50, Expires 09/24/2026   12,328 
 16,078   Everest Consolidator Acquisition Corp., Strike Price $11.50, Expires 07/19/2028   3,268 
 6,010   ExcelFin Acquisition Corp., Strike Price $11.50, Expires 10/21/2026   180 
 30,063   Finnovate Acquisition Corp., Strike Price $11.50, Expires 09/30/2026   466 
 62,828   Globalink Investment, Inc., Strike Price $11.50, Expires 12/03/2026   1,885 
 25,890   Holdco Nuvo Group DG, Ltd., Strike Price $11.50, Expires 10/23/2028   551 
 48,475   Hub Cyber Security, Ltd., Strike Price $11.50, Expires 02/27/2028   1,260 
 36,627   Integrated Rail and Resources Acquisition Corp., Strike Price $11.50, Expires 11/12/2026   1,831 
 6,063   Learn CW Investment Corp., Strike Price $11.50, Expires 12/31/2028   620 
 13,554   MultiSensor AI Holdings, Inc., Strike Price $11.50, Expires 12/19/2028   407 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 15

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Shares/Description      Value 
WARRANTS (continued)     
 40,085   Nvni Group, Ltd., Strike Price $11.50, Expires 11/01/2028  $702 
 10,453   Onyx Acquisition Co. I, Strike Price $11.50, Expires 11/30/2028   184 
 23,875   Project Energy Reimagined Acquisition Corp., Strike Price $11.50, Expires 12/31/2028   1,461 
 46,043   QT Imaging Holdings, Inc., Strike Price $11.50, Expires 12/31/2028   820 
 14,614   Roadzen, Inc., Strike Price $11.50, Expires 11/30/2028   511 
 1,188   Roth CH Acquisition Co., Strike Price $11.50, Expires 10/29/2028   1 
 29,444   Roth CH Acquisition V Co., Strike Price $11.50, Expires 12/10/2026   1,690 
 63,913   SMX Security Matters PLC, Strike Price $253.00, Expires 03/07/2028   639 
 19,426   Southland Holdings, Inc., Strike Price $11.50, Expires 09/01/2026   6,671 
 38,741   Syntec Optics Holdings, Inc., Strike Price $11.50, Expires 11/08/2026   6,098 
 5,889   TLGY Acquisition Corp., Strike Price $11.50, Expires 01/14/2028   382 
 24,725   Tristar Acquisition I Corp., Strike Price $11.50, Expires 12/31/2028   2,967 
 32,389   Volato Group, Inc., Strike Price $11.50, Expires 12/03/2028   470 
 24,051   VSee Health, Inc., Strike Price $11.50, Expires 11/04/2028   5,204 
           
TOTAL WARRANTS     
(Cost $233,014)   85,959 

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. CORPORATE BONDS (11.74%)           
Financial (11.74%)           
$1,264,000   Bain Capital Specialty Finance, Inc.  2.55%  10/13/26  $1,159,611 
 130,000   BlackRock TCP Capital Corp.  3.90%  08/23/24   129,432 
 1,000,000   Blackstone Private Credit Fund  2.63%  12/15/26   914,850 
 800,000   Blackstone Private Credit Fund  3.25%  03/15/27   738,816 
 1,500,000   Blackstone Secured Lending Fund  2.85%  09/30/28   1,315,811 
 1,407,561   Blue Owl Capital Corp.  2.88%  06/11/28   1,245,541 
 500,000   Blue Owl Capital Corp.  3.40%  07/15/26   471,254 
 3,000,000   Blue Owl Capital Corp.  3.75%  07/22/25   2,925,530 
 222,000   Blue Owl Capital Corp. II(h)  4.63%  11/26/24   220,631 
 1,500,000   Blue Owl Capital Corp. III  3.13%  04/13/27   1,372,786 
 1,265,423   Blue Owl Credit Income Corp.  4.70%  02/08/27   1,204,526 
 1,000,000   Blue Owl Credit Income Corp.  5.50%  03/21/25   994,959 
 2,299,520   Blue Owl Credit Income Corp.  7.75%  09/16/27   2,363,797 
 3,000,000   Blue Owl Technology Finance Corp.(h)  6.75%  06/30/25   2,983,840 

 

See Notes to Financial Statements.

 

16 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
Financial (continued)           
$1,000,000   Franklin BSP Capital Corp.(h)  4.85%  12/15/24  $989,355 
 1,045,000   FS KKR Capital Corp.  4.13%  02/01/25   1,032,470 
 2,139,000   Golub Capital BDC, Inc.  2.05%  02/15/27   1,923,882 
 3,300,000   Oaktree Specialty Lending Corp.  7.10%  02/15/29   3,343,237 
               25,330,328 
TOTAL U.S. CORPORATE BONDS           
(Cost $24,683,052)         25,330,328 
                 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (36.07%)     
 1,025,785   Alternative Loan Trust  6.50%  09/25/36   522,486 
 97,132   Alternative Loan Trust(a)  4.62%  12/25/35   89,074 
 522,461   Alternative Loan Trust  5.50%  11/25/35   295,186 
 1,449,141   Alternative Loan Trust  5.50%  12/25/35   1,019,655 
 1,728,979   Alternative Loan Trust  5.75%  03/25/37   906,732 
 1,647,515   Alternative Loan Trust  6.25%  08/25/37   761,543 
 2,144,037   Alternative Loan Trust  6.00%  07/25/37   1,023,439 
 1,404,855   Banc of America Funding Trust(a)  3.14%  05/20/36   1,090,177 
 721,877   Banc of America Mortgage Trust  6.00%  09/25/37   568,492 
 727,473   Bear Stearns ALT-A Trust(a)  5.04%  01/25/36   645,633 
 616,242   Bear Stearns ARM Trust(a)  4.54%  07/25/36   513,021 
 2,512,077   Chase Mortgage Finance Trust Series(a)  1M CME TERM SOFR + 0.71%  06/25/37   807,717 
 2,276,643   ChaseFlex Trust Series 2007-1  6.50%  02/25/37   801,103 
 2,012,521   CHL Mortgage Pass-Through Trust  5.75%  07/25/37   996,526 
 1,140,197   CHL Mortgage Pass-Through Trust(a)  4.07%  03/25/37   882,423 
 1,140,557   CHL Mortgage Pass-Through Trust(a)  1M CME TERM SOFR + 0.71%  03/25/35   987,702 
 8,789   Citigroup Mortgage Loan Trust(a)  5.06%  04/25/37   8,830 
 973,165   Citigroup Mortgage Loan Trust, Inc.(a)  5.16%  10/25/35   842,380 
 4,500,000   COLT 2021-4 Mortgage Loan Trust(a)(h)  4.14%  10/25/66   3,166,670 
 1,000,000   Connecticut Avenue Securities Trust 2021-R01(a)(h)  30D US SOFR + 6.00%  10/25/41   1,052,712 
 2,000,000   Connecticut Avenue Securities Trust 2022-R02(a)(h)  30D US SOFR + 7.65%  01/25/27   2,187,433 
 1,000,000   Connecticut Avenue Securities Trust 2022-R03(a)(h)  30D US SOFR + 9.85%  03/25/42   1,147,672 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 17

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)
$1,500,000   Connecticut Avenue Securities Trust 2023-R06(a)(h)  30D US SOFR + 3.90%  07/25/43  $1,607,813 
 3,500,000   Connecticut Avenue Securities Trust 2024-R03(a)(h)  30D US SOFR + 2.80%  03/25/44   3,563,437 
 603,997   CSFB Mortgage-Backed Pass-Through Certificates  5.50%  10/25/35   263,942 
 1,286,103   CSMC Mortgage-Backed Trust  6.00%  02/25/37   674,510 
 1,509,944   CSMC Mortgage-Backed Trust  6.75%  08/25/36   770,026 
 2,642,813   Fannie Mae Pool  6.00%  11/01/53   2,651,994 
 1,229,219   Fannie Mae REMICS(a)(i)  5.79% - 30D US SOFR  10/25/41   96,023 
 1,061,635   Fannie Mae REMICS(a)(i)  6.39% - 30D US SOFR  12/25/41   108,338 
 1,239,853   Fannie Mae REMICS(a)(i)  6.34% - 30D US SOFR  03/25/42   122,966 
 1,585,407   Fannie Mae REMICS(j)  0.00%  07/25/43   924,926 
 495,353   Fannie Mae REMICS(a)  7.62% - 1M US L  11/25/42   299,634 
 3,431,302   Fannie Mae REMICS(a)(i)  5.94% - 30D US SOFR  07/25/49   361,801 
 469,593   Federal Home Loan Mortgage Corp. REMICS(a)  4.05% - 1M US L  01/15/33   410,508 
 169,667   First Horizon Alternative Mortgage Securities Trust(a)  4.42%  10/25/35   139,278 
 4,597,559   Freddie Mac REMICS(i)  3.00%  09/25/51   796,904 
 2,202,584   Freddie Mac REMICS(a)(i)  5.79% - 30D US SOFR  12/15/41   183,945 
 10,748,850   Freddie Mac REMICS(i)  2.00%  11/25/50   1,294,609 
 3,023,707   Freddie Mac REMICS(a)(i)  5.99% - 30D US SOFR  08/25/50   325,823 
 2,000,000   Freddie Mac STACR REMIC Trust 2020- DNA2(a)(h)  30D US SOFR + 6.00%  08/25/33   2,349,259 

 

See Notes to Financial Statements.

 

18 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)
$2,000,000   Freddie Mac STACR REMIC Trust 2020- DNA6(a)(h)  30D US SOFR + 5.65%  12/25/50  $2,276,465 
 1,700,000   Freddie Mac STACR REMIC Trust 2021- DNA1(a)(h)  30D US SOFR + 4.75%  01/25/51   1,842,889 
 1,250,000   Freddie Mac STACR REMIC Trust 2022- DNA1(a)(h)  30D US SOFR + 7.10%  01/25/42   1,343,015 
 1,500,000   Freddie Mac STACR REMIC Trust 2024- DNA1(a)(h)  30D US SOFR + 1.95%  02/25/44   1,517,273 
 5,388,833   Government National Mortgage Association(a)(i)  0.74%  09/20/66   207,369 
 6,656,291   Government National Mortgage Association(i)  3.50%  02/20/52   1,146,839 
 7,068,665   Government National Mortgage Association(i)  3.00%  05/20/51   1,123,147 
 14,215,540   Government National Mortgage Association(a)(i)  2.65% - 30D US SOFR  01/20/52   108,723 
 6,133,576   Government National Mortgage Association(a)(i)  3.20% - 30D US SOFR  12/20/51   106,712 
 6,205,028   Government National Mortgage Association(i)  3.50%  11/20/51   1,123,105 
 6,906,293   Government National Mortgage Association(i)  3.00%  09/20/51   1,144,515 
 9,692,108   Government National Mortgage Association(a)(i)  1.10%  11/20/71   565,175 
 6,915,904   Government National Mortgage Association(a)(i)  3.70% - 30D US SOFR  09/20/51   203,899 
 12,223,172   Government National Mortgage Association(a)(i)  3M US L + 2.44%  06/20/51   104,755 
 6,073,557   Government National Mortgage Association(i)  3.50%  12/20/50   1,140,902 
 3,157,028   Government National Mortgage Association(a)(i)  6.19% - 1M CME TERM SOFR  01/20/51   399,861 
 15,786,242   Government National Mortgage Association(i)  2.50%  11/20/51   2,236,143 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 19

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)     
$3,021,817   Government National Mortgage Association(a)(i)  6.19% - 1M CME TERM SOFR  10/20/50  $382,144 
 5,277,642   Government National Mortgage Association(a)(i)  3.75% - 1M US L  10/20/50   159,236 
 3,218,401   Government National Mortgage Association(a)(i)  6.19% - 1M CME TERM SOFR  09/20/50   371,609 
 5,617,091   Government National Mortgage Association(a)(i)  0.98%  12/16/62   401,249 
 6,741,026   Government National Mortgage Association(a)(i)  0.33%  09/20/70   425,858 
 5,465,208   Government National Mortgage Association(a)(i)  0.36%  11/20/70   388,621 
 6,803,006   Government National Mortgage Association(a)(i)  0.79%  06/20/70   438,817 
 7,111,074   Government National Mortgage Association(a)(i)  0.06%  11/20/69   436,473 
 3,628,541   Government National Mortgage Association  3.50%  02/20/47   3,228,152 
 3,206,710   Government National Mortgage Association(a)(i)  0.79%  09/16/58   114,424 
 5,684,378   Government National Mortgage Association(a)(i)  3.75% - 1M US L  11/20/50   111,919 
 1,700,000   Imperial Fund Mortgage Trust 2021- NQM3(a)(h)  4.14%  11/25/56   1,213,226 
 660,335   Luminent Mortgage Trust(a)  1M CME TERM SOFR + 0.53%  05/25/36   571,226 
 1,305,908   Luminent Mortgage Trust(a)  1M CME TERM SOFR + 0.51%  05/25/36   1,004,322 
 1,648,640   Nomura Asset Acceptance Corp. Alternative Loan Trust(k)  5.69%  08/25/35   728,033 
 7,128,635   Nomura Asset Acceptance Corp. Alternative Loan Trust(a)  1M CME TERM SOFR + 0.65%  02/25/36   852,093 
 1,270,047   PR Mortgage Loan Trust(a)(h)  5.85%  09/25/47   1,174,128 

 

See Notes to Financial Statements.

 

20 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)     
$1,237,819   RALI Series Trust(a)  6.40%  09/25/37  $1,030,811 
 1,985,242   Residential Asset Securitization Trust  5.75%  02/25/36   702,355 
 1,765,247   Residential Asset Securitization Trust  6.00%  05/25/37   913,320 
 3,927,945   Residential Asset Securitization Trust 2005-A12  5.50%  11/25/35   2,138,254 
 1,206,614   RFMSI Trust  6.00%  09/25/36   916,169 
 633,100   RFMSI Trust(a)  6.12%  06/25/35   446,089 
 1,936,000   Spruce Hill Mortgage Loan Trust 2020- SH1(a)(h)  4.68%  01/28/50   1,681,617 
 302,638   Structured Adjustable Rate Mortgage Loan Trust(a)  5.24%  12/25/35   270,519 
 1,318,918   Structured Adjustable Rate Mortgage Loan Trust(a)  4.98%  09/25/37   1,094,578 
 1,000,000   Verus Securitization Trust 2021-7(a)(h)  4.19%  10/25/66   698,957 
 749,959   WaMu Mortgage Pass-Through Certificates Trust(a)  4.95%  08/25/36   636,067 
 882,709   WaMu Mortgage Pass-Through Certificates Trust(a)  4.24%  03/25/37   750,248 
 849,952   WaMu Mortgage Pass-Through Certificates Trust(a)  4.55%  08/25/46   738,115 
TOTAL U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES     
(Cost $101,196,371)         77,871,758 
                 
U.S. GOVERNMENT BONDS AND NOTES (22.97%)           
 6,400,000   U.S. Treasury Bond  1.25%  05/15/50   3,173,250 
 18,250,000   U.S. Treasury Bond  1.13%  05/15/40   11,237,295 
 19,750,000   U.S. Treasury Bond  1.75%  08/15/41   13,056,216 
 1,450,000   U.S. Treasury Bond  0.63%  05/15/30   1,172,404 
 16,900,000   U.S. Treasury Bond  0.88%  11/15/30   13,673,487 
 4,400,000   U.S. Treasury Note  0.63%  08/15/30   3,527,219 
 4,000,000   U.S. Treasury Note  0.75%  03/31/26   3,730,859 
                 
TOTAL U.S. GOVERNMENT BONDS AND NOTES           
(Cost $49,715,443)         49,570,730 
                 
FOREIGN CORPORATE BONDS (0.23%)           
Basic Materials (0.05%)           
 400,000   Unigel Luxembourg SA(l)(m)  8.75%  10/01/26   113,520 
                 
Communications (0.03%)           
 300,000   Alpha Holdings Escrow Shares(f)  0.00%  12/31/49    

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 21

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
Communications (continued)           
$300,000   Alpha Holdings Escrow Shares(f)  0.00%  12/31/49  $ 
 350,000   Oi SA(l)(n)  10.00%  07/27/25   3,465 
 24,698   Oi SA(h)(n)  12.50%  12/15/24   24,574 
 266   Oi SA(h)(n)  12.50%  12/15/24   265 
 46,471   Oi SA(h)(n)  12.50%  12/15/24   46,238 
               74,542 
Energy (0.10%)          
 400,000   Canacol Energy, Ltd.(m)  5.75%  11/24/28   211,854 
                 
Financial (0.05%)            
 282,819   Alpha Holding SA de CV(h)(l)  9.00%  02/10/25   1,547 
 250,000   Mexarrend SAPI de CV(h)  10.25%  07/24/24   32,750 
 200,000   Operadora de Servicios Mega SA de CV Sofom ER(h)  8.25%  02/11/25   73,000 
 250,000   Unifin Financiera SAB de CV(f)(l)(m)(o)  8.88%  12/31/49   50 
               107,347 
TOTAL FOREIGN CORPORATE BONDS           
(Cost $1,845,399)         507,263 
                 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (29.02%)     
 500,000   ACREC 2021-FL1, Ltd.(a)(h)  1M CME TERM SOFR + 2.76%  09/16/26   492,137 
 28,899   Affirm Asset Securitization Trust 2021- Z1(h)  0.00%  08/15/24   29,677 
 372,000   Alen 2021-ACEN Mortgage Trust(a)(h)  1M CME TERM SOFR + 4.11%  04/15/26   188,916 
 700,000   AMSR 2021-SFR3 Trust(h)  4.90%  10/17/26   635,589 
 1,550,000   AMSR 2021-SFR3 Trust(h)  5.88%  10/17/26   1,417,837 
 500,000   Arbor Realty Commercial Real Estate Notes 2022-FL1, Ltd.(a)(h)  30D US SOFR + 2.30%  01/15/27   487,857 
 300,000   AREIT 2024-CRE9, Ltd.(a)(h)  1M CME TERM SOFR + 4.29%  02/17/29   299,601 
 439,000   Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10(a)  4.99%  05/15/26   414,467 

 

See Notes to Financial Statements.

 

22 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$2,463,000   BBCMS Mortgage Trust 2024- 5C27(a)(h)(i)  2.97%  06/15/29  $285,624 
 682,000   BBCMS Trust(a)(h)  1M CME TERM SOFR + 3.85%  07/15/37   616,691 
 415,538   BB-UBS Trust(a)(h)  3.68%  06/05/30   344,192 
 498,000   Benchmark 2018-B4 Mortgage Trust(a)(h)  2.91%  07/15/28   379,471 
 400,000   Benchmark 2018-B6 Mortgage Trust(a)  4.74%  09/10/28   364,841 
 459,000   Benchmark 2019-B9 Mortgage Trust(a)  4.97%  01/15/29   377,035 
 546,000   Benchmark 2021-B31 Mortgage Trust(h)  2.25%  11/15/31   279,264 
 315,000   BF Mortgage Trust(a)(h)  1M CME TERM SOFR + 3.05%  12/15/35   199,433 
 1,592,804   Blackbird Capital Aircraft Lease Securitization, Ltd.(h)(k)  5.68%  12/16/41   1,580,482 
 500,000   Blue Stream Issuer LLC(h)  8.90%  05/20/53   466,677 
 321,000   BX Commercial Mortgage Trust(a)(h)  1M CME TERM SOFR + 2.01%  04/15/34   312,651 
 325,000   BX Trust(a)(h)  4.08%  12/09/29   275,974 
 800,000   BX Trust 2024-VLT4(a)(h)  1M CME TERM SOFR + 1.49%  07/15/29   800,021 
 430,383   Carbon Capital VI Commercial Mortgage Trust(a)(h)  1M CME TERM SOFR + 2.96%  10/15/35   374,863 
 5,000   Carvana Auto Receivables Trust 2021- P2(h)  0.00%  05/10/28   1,125,120 
 1,250,000   Castlelake Aircraft Structured Trust(h)  0.00%  04/15/39   48,750 
 738,856   Castlelake Aircraft Structured Trust 2021-1(h)  7.00%  10/15/26   618,128 
 500,000   CIFC Funding 2019-III, Ltd.(a)(h)  3M CME TERM SOFR + 7.06%  10/16/34   503,455 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 23

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$500,000   CIFC Funding, Ltd.(a)(h)  3M CME TERM SOFR + 6.79%  07/15/34  $505,543 
 475,000   Citigroup Commercial Mortgage Trust(a)(h)  3.62%  12/10/29   333,606 
 196,000   Citigroup Commercial Mortgage Trust(a)(h)  4.57%  01/10/25   176,582 
 294,897   Cold Storage Trust 2020-ICE5(a)(h)  1M CME TERM SOFR + 1.76%  11/15/37   293,986 
 432,516   Cold Storage Trust 2020-ICE5(a)(h)  1M CME TERM SOFR + 2.21%  11/15/37   431,237 
 1,500,000   Cologix Data Centers US Issuer LLC(h)  5.99%  12/28/26   1,344,393 
 878,000   COMM Mortgage Trust(a)(h)  1M US L + 2.18%  09/15/33   609,961 
 416,000   DBJPM 16-C1 Mortgage Trust(a)  3.47%  03/10/26   366,936 
 500,000   Dryden 37 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 5.41%  01/15/31   452,616 
 500,000   Dryden 38 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 5.86%  07/15/30   463,433 
 500,000   Dryden 40 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 6.01%  08/15/31   461,798 
 750,000   Dryden 45 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 6.11%  10/15/30   701,764 
 14,714,346   Fannie Mae-Aces(a)(i)  0.44%  04/25/29   192,926 
 4,543,230   Fannie Mae-Aces(a)(i)  1.27%  03/25/31   238,058 
 15,788,287   Fannie Mae-Aces(a)(i)  0.99%  07/25/32   655,994 
 4,030,261   Fannie Mae-Aces(a)(i)  1.30%  09/25/30   164,194 
 5,525,383   Fannie Mae-Aces(a)(i)  0.57%  12/25/30   79,773 
 146,985,869   Fannie Mae-Aces(a)(i)  0.16%  07/25/31   620,486 
 16,380,212   Fannie Mae-Aces(a)(i)  0.61%  02/25/29   215,524 

 

See Notes to Financial Statements.

 

24 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$32,214,292   Fannie Mae-Aces(a)(i)  0.21%  10/25/29  $161,010 
 700,000   FirstKey Homes 2020-SFR1 Trust(h)  4.28%  09/17/25   677,142 
 1,750,000   FMC GMSR Issuer Trust(a)(h)  4.44%  10/25/26   1,521,268 
 1,700,000   FMC GMSR Issuer Trust(a)(h)  4.36%  07/25/26   1,480,523 
 16,469,569   FNA 2021-M23 X1  0.66%  11/01/31   302,773 
 46,440,000   FNA 2022-M4 X2  0.27%  05/25/30   431,089 
 267,035   FREMF 2015-KF07 Mortgage Trust(a)(h)  30D US SOFR + 5.06%  02/25/25   265,689 
 266,080   FREMF 2016-KF25 Mortgage Trust(a)(h)  30D US SOFR + 5.11%  05/25/24   265,612 
 297,068   FREMF 2018-KF56 Mortgage Trust(a)(h)  30D US SOFR + 5.91%  11/25/28   261,205 
 748,531   FREMF 2019-KF71 Mortgage Trust(a)(h)  30D US SOFR + 6.11%  10/25/29   720,030 
 1,200,000   FRTKL 2021-SFR1(h)  4.11%  09/17/26   1,076,299 
 5,679,184   Ginnie Mae Strip(i)  1.40%  09/16/45   409,208 
 6,636,764   GNR 2020-47 SL  5.26%- 1M SOFR 07/20/44  378,579     
 5,296,608   Government National Mortgage Association(a)(i)  0.99%  05/16/63   378,686 
 400,000   Greystone CRE Notes 2021-FL3, Ltd.(a)(h)  1M CME TERM SOFR + 2.31%  07/15/39   388,427 
 300,000   GS Mortgage Securities Corp. Trust 2018-RIVR(a)(h)  1M CME TERM SOFR + 1.85%  07/15/35   5,276 
 500,000   GS Mortgage Securities Corp. Trust 2021-ARDN(a)(h)  1M CME TERM SOFR + 6.05%  11/15/26   493,211 
 655,000   GS Mortgage Securities Trust(a)(h)  1M US L + 3.92%  07/15/31   13,755 
 1,078,000   GS Mortgage Securities Trust(a)(h)  4.65%  11/10/47   662,656 
 373,000   GS Mortgage Securities Trust 2015- GC28(a)(h)  4.45%  02/10/48   342,793 
 3,680,000   GS Mortgage Securities Trust 2021- GSA3(a)(h)(i)  1.53%  12/15/31   270,738 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 25

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$400,000   HGI CRE CLO 2021-FL1, Ltd.(a)(h)  1M CME TERM SOFR + 2.46%  06/16/36  $379,919 
 500,000   Highbridge Loan Management 4-2014, Ltd.(a)(h)  3M CME TERM SOFR + 5.81%  01/28/30   501,438 
 500,000   Highbridge Loan Management, Ltd.(a)(h)  3M SOFR + 5.36%  02/05/31   498,011 
 500,000   Hilton USA Trust 2016-SFP(h)  2.83%  11/05/35   436,172 
 398,444   J.P. Morgan Chase Commercial Mortgage Securities Trust 2019- MFP(a)(h)  1M CME TERM SOFR + 1.71%  07/15/36   395,548 
 1,062,000   JP Morgan BB Commercial Mortgage Securities Trust(a)(h)  3.36%  10/15/24   821,267 
 109,000   JP Morgan Chase Commercial Mortgage Securities Trust(h)  4.34%  05/05/32   101,960 
 111,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   103,945 
 130,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   122,331 
 136,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   127,757 
 148,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   138,718 
 7,256,953   JPMBB Commercial Mortgage Securities Trust(a)(h)(i)  0.65%  08/15/46   37,495 
 5,092,088   JPMBB Commercial Mortgage Securities Trust(a)(i)  0.95%  10/15/24   1,792 
 500,000   KREF 2022-FL3, Ltd.(a)(h)  1M CME TERM SOFR + 2.80%  02/17/39   487,814 
 500,000   LCM Loan Income Fund I Income Note Issuer, Ltd.(a)(h)  3M CME TERM SOFR + 5.86%  07/16/31   416,841 
 500,000   LCM XIV LP(a)(h)  3M CME TERM SOFR + 5.76%  07/20/31   405,229 

 

See Notes to Financial Statements.

 

26 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$500,000   LCM XVII LP(a)(h)  3M CME TERM SOFR + 6.26%  10/15/31  $406,703 
 375,000   LoanCore 2021-CRE5 Issuer, Ltd.(a)(h)  1M CME TERM SOFR + 2.46%  07/15/36   362,045 
 335,000   LSTAR Commercial Mortgage Trust 2017-5(a)(h)  4.83%  03/10/27   262,203 
 650,000   Madison Park Funding XXXVIII, Ltd.(a)(h)  3M CME TERM SOFR + 6.26%  07/17/34   656,010 
 517,516   Med Trust 2021-MDLN(a)(h)  1M CME TERM SOFR + 1.91%  11/15/38   517,896 
 750,000   MetroNet Infrastructure Issuer LLC(h)  8.01%  02/20/28   763,342 
 500,000   MF1 2023-FL12 LLC(a)(h)  1M CME TERM SOFR + 3.78%  10/19/28   503,565 
 400,000   MF1 Multifamily Housing Mortgage Loan Trust(a)(h)  1M CME TERM SOFR + 4.04%  08/18/41   399,000 
 365,000   MFT Trust 2020-ABC(a)(h)  3.59%  02/10/30   153,733 
 372,000   Morgan Stanley Capital I Trust 2018- H4(h)  3.00%  12/15/28   288,849 
 454,000   Morgan Stanley Capital I Trust 2018- L1(a)  4.94%  10/15/28   414,194 
 639,055   New Century Home Equity Loan Trust(a)  1M CME TERM SOFR + 0.47%  05/25/36   629,552 
 1,000,000   Octagon 57, Ltd.(a)(h)  3M CME TERM SOFR + 6.86%  10/15/34   1,004,007 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 27

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$500,000   Octagon Investment Partners 26, Ltd.(a)(h)  3M CME TERM SOFR + 8.35%  07/15/30  $375,592 
 500,000   Octagon Investment Partners 40, Ltd.(a)(h)  3M CME TERM SOFR + 7.26%  01/20/35   483,349 
 500,000   Octagon Investment Partners 42, Ltd.(a)(h)  3M CME TERM SOFR + 7.01%  07/15/34   497,217 
 500,000   Octagon Investment Partners XVI, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/17/30   471,166 
 500,000   Octagon Investment Partners XXI, Ltd.(a)(h)  3M CME TERM SOFR + 7.26%  02/14/31   497,131 
 500,000   OHA Credit Funding 3, Ltd.(a)(h)  3M CME TERM SOFR + 6.51%  07/02/35   502,799 
 800,000   Pagaya AI Debt Selection Trust 2021-5(h)  0.00%  08/15/29   42,134 
 346,226   PAGAYA AI Debt Trust 2022-2(a)(h)  5.80%  01/15/30   345,716 
 749,994   Pagaya AI Debt Trust 2023-5(h)  9.10%  04/15/31   769,043 
 450,000   PFP 2021-8, Ltd.(a)(h)  1M CME TERM SOFR + 1.91%  08/09/37   432,546 
 1,800,000   Progress Residential 2021-SFR8 Trust(h)  4.00%  10/17/26   1,612,164 
 1,800,000   Progress Residential Trust(h)  4.00%  07/17/26   1,638,446 
 400,000   Ready Capital Mortgage Financing 2022-FL10 LLC(a)(h)  1M CME TERM SOFR + 4.27%  07/25/27   396,885 
 350,000   Ready Capital Mortgage Financing 2023-FL12 LLC(a)(h)  1M CME TERM SOFR + 4.55%  04/25/27   349,491 

 

See Notes to Financial Statements.

 

28 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$500,000   RR 1 LLC(a)(h)  3M CME TERM SOFR + 6.61%  07/15/35  $500,843 
 500,000   RR 6, Ltd.(a)(h)  3M CME TERM SOFR + 6.11%  04/15/36   485,348 
 50,000   Sofi Professional Loan Program Trust(h)  0.00%  01/25/48   388,756 
 550,000   STWD 2022-FL3, Ltd.(a)(h)  30D US SOFR + 1.95%  11/15/38   533,341 
 750,000   Switch ABS Issuer LLC(h)  10.03%  06/25/29   754,247 
 500,000   Trimaran CAVU, Ltd.(a)(h)  3M CME TERM SOFR + 4.98%  11/26/32   501,839 
 450,000   TRTX 2022-FL5 Issuer, Ltd.(a)(h)  1M CME TERM SOFR + 2.15%  02/15/39   444,511 
 446,000   UBS Commercial Mortgage Trust(a)  4.84%  02/15/28   381,521 
 333,000   UBS-Barclays Commercial Mortgage Trust(a)(h)  3.84%  03/10/46   241,715 
 300,000   UBS-Barclays Commercial Mortgage Trust 2013-C5(a)(h)  3.84%  03/10/46   252,833 
 735,000   Upstart Pass-Through Trust Series 2021-ST8(h)  0.00%  10/20/29   234,408 
 1,000   Upstart Securitization Trust 2021-2  0.00%  06/20/31   75,891 
 440,481   VMC Finance LLC(a)(h)  1M CME TERM SOFR + 2.76%  09/15/36   430,016 
 1,224,326   VOLT XCVI LLC(h)(k)  4.83%  03/27/51   1,138,717 
 10,127,008   Washington Mutural Asset-Backed Certificates WMABS Series 2007- HE2 Trust(a)  1M CME TERM SOFR + 0.44%  02/25/37   2,843,004 
 615,128   WAVE LLC(h)  6.41%  09/15/44   217,192 
 332,000   Wells Fargo Commercial Mortgage Trust(h)  3.12%  03/15/59   274,472 
 500,000   Wells Fargo Commercial Mortgage Trust 2018-C45  4.73%  06/15/28   467,638 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 29

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

Principal Amount/Description Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
$1,063,927   Willis Engine Structured Trust VI(h)  7.39%  05/15/29  $1,021,870 
                 
TOTAL NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS     
(Cost $71,936,632)         62,672,709 

 

Shares/Description      Value 
SHORT-TERM INVESTMENTS (11.71%)     
 25,278,051   State Street Institutional Trust (7 Day Yield 5.240%)  $25,278,051 
           
TOTAL SHORT-TERM INVESTMENTS     
(Cost $25,278,051)   25,278,051 
           
TOTAL INVESTMENTS (154.63%)     
(Cost $375,157,392)  $333,781,529 
           
Series A Cumulative Perpetual Preferred Shares (-27.80%)   (60,000,000)
Series B Cumulative Perpetual Preferred Shares (-27.80%)   (60,000,000)
Other Assets In Excess Of Liabilities (0.97%)   2,067,617 
NET ASSETS ATTRIBUTABLE TO COMMON SHAREHOLDERS (100.00%)  $215,849,146 

 

Investment Abbreviations:

LIBOR - London Interbank Offered Rate

SOFR - Secured Overnight Financing Rate

 

Reference Rates:

1M US L - 1 Month LIBOR as of June 30, 2024 was 5.45%

3M US L - 3 Month LIBOR as of June 30, 2024 was 5.59%

30D US SOFR - 30 Day SOFR as of June 30, 2024 was 5.34%

1M US SOFR- 1 Month SOFR as of June 30, 2024 was 5.34%

PRIME - US Prime Rate as of June 30, 2024 was 8.50%

3M US SOFR- 3 Month SOFR as of June 30, 2024 was 5.32%

6M CME TERM SOFR- 6 Month SOFR as of June 30, 2024 was 5.25%

 

See Notes to Financial Statements.

 

30 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary Schedule of Investments June 30, 2024

 

(a)Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at June 30, 2024. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
(b)Fair Valued by the Advisor using a discounted cash flow (DCF) methodology.
(c)Loans are issued at discounts and do not have a stated interest rate. Rate indicated based on projected future cash flows and an implied 18-month final maturity. Actual yield and maturity is dependent on timing of future payments.
(d)Security may be deemed restricted to resale to institutional investors. As of June 30, 2024, the aggregate fair value of these securities was $57,921,835, representing 26.83% of net assets.

(e)Contains past-due loan. A loan is deemed past-due at June 30, 2024, if the loan borrower has not made its required payment as of the most recent due date. As of June 30, 2024, $2,157,262 of whole loans were past due, which represents 1.00% of net assets

(f)As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 assets. See Note 2 to the financial statements for additional information.
(g)Non-income producing security.
(h)Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may normally be sold to qualified institutional buyers in transactions exempt from registration. The total value of Rule 144A securities amounts to $106,442,943, which represents 49.31% of net assets as of June 30, 2024.
(i)Interest only securities.
(j)Issued with a zero coupon.
(k)Step up bond. Coupon changes periodically based upon a predetermined schedule. Interest rate disclosed is that which is in effect at June 30, 2024.
(l)Security is currently in default.
(m)Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. These securities have been deemed liquid under procedures approved by the Fund's Board of Directors (the "Board"). As of June 30, 2024, the aggregate fair value of those securities was $325,424, representing 0.15% of net assets.
(n)Pay-in-kind securities. Rate paid in-kind is shown in parenthesis.
(o)Security has no contractual maturity date, is not redeemable and contractually pays an indefinite stream of interest.

 

Futures Contracts Purchased:

 

Description  Contracts  Expiration
Date
  Notional
 Value
   Value and Unrealized
Appreciation/(Depreciation)
 
10-Yr U.S. Treasury                
Note Futures  80  September 2024  $9,082,500   $196,701 
US 5Yr T-Note Future  100 September 2024   10,657,813    120,101 
         $19,740,313   $316,802 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 31

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Statement of Assets and Liabilities June 30, 2024

 

ASSETS:    
Investments in securities:     
At cost  $375,157,392 
At value  $333,781,529 
Cash   1,080,308 
Receivable for principal repayments   1,320,204 
Deposit with broker for futures contracts   284,205 
Foreign currency, at value (Cost $106)   106 
Receivable for investments sold   570,967 
Interest receivable   2,374,128 
Dividends receivable   40,089 
Deferred offering costs   12,881 
Prepaid and other assets   19,677 
Total Assets   339,484,094 
      
LIABILITIES:     
Variation margin payable   45,580 
Dividend payable - redeemable preferred stock   8,333 
Dividend payable - Series A Cumulative Perpetual Preferred Shares   328,125 
Dividend payable - Series B Cumulative Perpetual Preferred Shares   356,250 
Payable for investments purchased   2,327,115 
Payable to Adviser   276,569 
Payable to fund accounting and administration   61,266 
Payable to transfer agency   6,934 
Payable for compliance fees   10,853 
Payable for custodian fees   7,799 
Payable for audit fees   102,000 
Other payables   104,124 
Total Liabilities   3,634,948 
      
Cumulative Perpetual Preferred Shares, $0.0001 par value per share, 4,930,000 of shares authorized     
Series A Cumulative Perpetual Preferred Shares (4.375%, $25 liquidation value, 2,400,000 shares issued and outstanding)  $60,000,000 
Series B Cumulative Perpetual Preferred Shares (4.75%, $25 liquidation value, 2,400,000 shares issued and outstanding)  $60,000,000 
Net Assets Attributable to Common Shareholders  $215,849,146 
      
NET ASSETS ATTRIBUTABLE TO COMMON SHAREHOLDERS CONSIST OF:     
Paid-in capital  $287,425,764 
Total distributable earnings   (71,576,618)
Net Assets Attributable to Common Shareholders  $215,849,146 
      
PRICING OF SHARES:     
Net Assets Attributable to Common Shareholders  $215,849,146 

 

See Notes to Financial Statements.

 

32 (888) 848-7569 | www.rivernorth.com
   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Statement of Assets and Liabilities June 30, 2024

 

Shares of common stock outstanding (50,000,000 of shares authorized, at $0.0001 par value per share)   22,971,194 
Net asset value per share Attributable to Common Shareholders  $9.40 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 33

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Statement of Operations For the Year Ended June 30, 2024

 

INVESTMENT INCOME:    
Interest  $29,699,184 
Dividends   2,175,721 
Other Income   18,199 
Total Investment Income   31,893,104 
      
EXPENSES:     
Investment Adviser fee   3,364,595 
Loan Service Fees   1,174,307 
Accounting and administration fees   393,514 
Legal expenses   134,839 
Audit expenses   134,209 
Director expenses   124,584 
Shareholder servicing expenses   115,203 
Printing expenses   114,080 
Interest expense on loan payable   98,600 
Transfer agent expenses   81,605 
Offering expenses   46,550 
Compliance expense   39,945 
Custodian fees   34,316 
Listing expense   31,056 
Insurance fee   3,565 
Other expenses   38,826 
Total Expenses   5,929,794 
Net Investment Income   25,963,310 
      
REALIZED AND UNREALIZED GAIN/(LOSS):     
Net realized gain/(loss) on:     
Investments   (17,306,544)
Futures contracts   (1,316,718)
Net realized loss   (18,623,262)
Net change in unrealized appreciation/depreciation on:     
Investments   20,804,070 
Futures contracts   417,675 
Net change in unrealized appreciation/depreciation   21,221,745 
Net Realized and Unrealized Gain on Investments   2,598,483 
Dividends to Series A Cumulative Perpetual Preferred Shares   (2,625,060)
Dividends to Series B Cumulative Perpetual Preferred Shares   (2,850,012)
Net Increase in Net Assets Attributable to Common Shareholders Resulting from Operations  $23,086,721 

 

See Notes to Financial Statements.

 

34 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Statements of Changes in Net Assets

 

   For the
Year Ended
June 30, 2024
   For the
Year Ended
June 30, 2023
 
NET INCREASE/(DECREASE) IN NET ASSETS          
ATTRIBUTABLE TO COMMON SHAREHOLDERS FROM OPERATIONS:          
Net investment income  $25,963,310   $21,517,833 
Net realized loss   (18,623,262)   (6,667,210)
Net change in unrealized appreciation/depreciation   21,221,745    (9,087,794)
Net increase in net assets resulting from operations   28,561,793    5,762,829 
Distributions to Series A Preferred Shareholders   (2,625,060)   (2,625,024)
Distributions to Series B Preferred Shareholders   (2,850,012)   (2,850,012)
Net increase in net assets attributable to common shareholders resulting from operations   23,086,721    287,793 
           
DISTRIBUTIONS TO COMMON SHAREHOLDERS:          
From distributable earnings   (20,314,841)   (19,920,570)
From tax return of capital   (7,581,377)   (12,963,911)
Net decrease in net assets attributable to common shareholders from distributions to common shareholders   (27,896,218)   (32,884,481)
           
COMMON SHARE TRANSACTIONS:          
Proceeds from common shares sold, net of offering costs       33,999,204 
Reinvestment of distributions       133,143 
Net increase in net assets attributable to common shareholders from capital share transactions       34,132,347 
           
Net Increase/(Decrease) in Net Assets attributable to common shareholders   (4,809,497)   1,535,659 
           
NET ASSETS ATTRIBUTABLE TO COMMON SHAREHOLDERS:          
Beginning of year   220,658,643    219,122,984 
End of year  $215,849,146   $220,658,643 
           
OTHER INFORMATION:          
Common Share Transactions:          
Common Shares outstanding - beginning of year   22,971,194    19,443,627 
Common Shares sold       3,515,805 
Common Shares issued in reinvestment of distributions       11,762 
Common Shares outstanding - end of year   22,971,194    22,971,194 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 35

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Statement of Cash Flows For the Year Ended June 30, 2024

 

CASH FLOWS FROM OPERATING ACTIVITIES:    
Net increase in net assets resulting from operations  $28,561,793 
Adjustments to reconcile net increase in net assets attributable to common shareholders from operations to net cash used in operating activities:     
Purchases of investment securities   (374,882,894)
Proceeds from disposition and paydowns on investment securities   383,191,844 
Amortization of premium and accretion of discount on investments, net   1,459,148 
Net purchases of short-term investment securities   (242,906)
Net realized (gain)/loss on:     
Investments   17,306,544 
Net change in unrealized appreciation/depreciation on:     
Investments   (20,804,070)
(Increase)/Decrease in assets:     
Interest receivable   (28,108)
Dividends receivable   47,443 
Variation margin receivable   37,105 
Receivable for principal repayments   (761,006)
Prepaid and other assets   29,876 
Increase/(Decrease) in liabilities:     
Variation margin payable   45,580 
Payable for shareholder servicing   (28,063)
Line of credit fees payable   8,333 
Payable to transfer agency   434 
Payable to Adviser   (4,131)
Payable to fund accounting and administration   (17,068)
Payable for audit fees   42,209 
Payable for compliance fees   2,729 
Payable for custodian fees   83 
Other payables   (60,102)
Net cash provided by operating activities  $33,904,773 
      
CASH FLOWS FROM FINANCING ACTIVITIES:     
Cash distributions paid to common shareholders  $(27,896,218)
Cash distributions paid to preferred shareholders   (5,475,072)
Net cash used in financing activities  $(33,371,290)
      
Net increase in cash and restricted cash  $533,483 
Cash and restricted cash, beginning of year  $831,136 
Cash and restricted cash, end of year  $1,364,619 

 

See Notes to Financial Statements.

 

36 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Statement of Cash Flows For the Year Ended June 30, 2024

 

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest expense and fees for line of credit  $98,600 
      
Reconciliation of restricted and unrestricted cash at the beginning of year to the statement of assets and liabilities:     
Cash  $443,622 
Deposit with broker for futures contracts  $387,504 
      
Reconciliation of restricted and unrestricted cash at the end of the year to the statement of assets and liabilities:     
Cash  $1,080,414 
Deposit with broker for futures contracts  $284,205 

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 37

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Financial Highlights For a common share outstanding throughout the periods presented

 

Net asset value - beginning of year
Income/(loss) from investment operations:
Net investment income(a)
Net realized and unrealized gain/(loss)(b)
Total income/(loss) from investment operations
Less distributions to common shareholders:
From net investment income
From tax return of capital
Total distributions to common shareholders
Less distributions to preferred shareholders:
From net investment income(c)
Total distributions to preferred shareholders
Common share transactions:
Dilutive effect of rights offering
Common share offering costs charged to paid-in capital
Total common share transactions
Preferred Share issuance and offering costs charged to paid-in capital
Total preferred share transactions
Net increase/(decrease) in net asset value
Net asset value - end of year
Market price - end of year
Total Return(f)
Total Return - Market Price(f)
Supplemental Data:
Net assets, end of year (in thousands)
Ratio of expenses to average net assets(g)(h)
Ratio of net investment income
Portfolio turnover rate
Loan payable (in thousands)
Asset coverage per $1,000 of loan payable(i)
Cumulative Perpetual Preferred Stock (in thousands)
Asset coverage of Cumulative Perpetual Preferred Stock(j)
Asset coverage of Class A Cumulative Perpetual Preferred Stock(j)
Asset coverage of Class B Cumulative Perpetual Preferred Stock(j)
Involuntary liquidating preference per unit of Series A Cumulative Preferred Stock
Average market value per unit of Series A Cumulative Preferred Stock
Involuntary liquidating preference per unit of Series B Cumulative Preferred Stock
Average market value per unit of Series B Cumulative Preferred Stock

 

See Notes to Financial Statements.

 

38 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Financial Highlights For a common share outstanding throughout the periods presented

 

For the
Year Ended
June 30, 2024
   For the
Year Ended
June 30, 2023
   For the
Year Ended
June 30, 2022
   For the
Year Ended
June 30, 2021
   For the
Year Ended
June 30, 2020
 
$9.61   $11.27   $15.17   $14.91   $18.09 
                       
 1.13    0.97    0.87    0.92    0.95 
 0.11    (0.78)   (2.49)   1.73    (1.72)
 1.24    0.19    (1.62)   2.65    (0.77)
                       
 (0.88)   (0.91)   (0.81)   (1.02)   (1.11)
 (0.33)   (0.59)   (1.03)   (1.01)   (1.07)
 (1.21)   (1.50)   (1.84)   (2.03)   (2.18)
                       
 (0.24)   (0.25)   (0.24)   (0.13)    
 (0.24)   (0.25)   (0.24)   (0.13)    
                       
     (0.10)   (0.06)(d)    (0.05)(d)    (0.22)(d) 
         (0.01)   0.00(e)    (0.01)
     (0.10)   (0.07)   (0.05)   (0.23)
         (0.13)   (0.18)    
         (0.13)   (0.18)    
 (0.21)   (1.66)   (3.90)   0.26    (3.18)
$9.40   $9.61   $11.27   $15.17   $14.91 
$8.65   $8.54   $10.89   $15.58   $13.91 
 11.28%   (1.26%)   (14.82%)   16.88%   (5.31%)
 17.04%   (7.92%)   (19.86%)   28.67%   (6.33%)
                       
$215,849   $220,659   $219,123   $224,826   $199,510 
 2.75%   2.22%   1.93%   2.10%   2.84%
 12.03%   9.61%   6.32%   6.15%   5.73%
 117%   75%   44%   54%   43%
$   $   $   $21,000   $65,500 
             14,563    4,046 
$120,000   $120,000   $120,000   $60,000   $ 
 70    71    71    119     
 140    142    142    119     
 140    142    142         
 25.00    25.00    25.00    25.00     
 18.25    18.59    22.98    24.44     
 25.00    25.00    25.00         
 19.59    19.64    22.93         

 

See Notes to Financial Statements.

 

Annual Report | June 30, 2024 39

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Financial Highlights For a common share outstanding throughout the periods presented

 

(a)Based on average shares outstanding during the period.
(b)Recognition of net investment income by the Fund is affected by the timing of the declarations of dividends by the underlying closed-end funds in which the Fund invests. The ratio does not include net investment income of the closed-end funds in which the Fund invests.
(c)Calculated using the average shares method.
(d)Represents the impact of the Fund's rights offering of 3,508,633 in September 2022, 2,926,441 in October 2021 and 472,995 shares in October 2020 at a subscription price per share based on a formula. For more details please refer to Note 10 of the Notes to Financial Statements.
(e)Less than $0.005 per share.
(f)Total investment return is calculated assuming a purchase of common shares at the opening on the first day and a sale at closing on the last day of each period reported. For purposes of the Total Return calculations, dividends and distributions, if any, are assumed to be reinvested at NAV. For purposes of the Total Return – Market Price calculation, dividends and distributions, if any, are assumed to be reinvested at prices obtained under the Fund’s dividend reinvestment plan. Total investment returns do not reflect brokerage commissions, if any. Periods less than one year are not annualized.
(g)Ratio includes leverage expenses and loan service fees of 0.59%, 0.00%, 0.05%, 0.21% and 0.91%, respectively.

(h)Does not include expenses of the closed-end funds in which the Fund invests.
(i)Calculated by subtracting the Fund's total liabilities (excluding the debt balance and accumulated unpaid interest) from the Fund's total assets and dividing by the outstanding debt balance.
(j)The asset coverage ratio for a class of senior securities representing stock is calculated as the Fund's total assets, less all liabilities and indebtedness not represented by the Fund's senior securities, divided by secured senior securities representing indebtedness plus the aggregate of the involuntary liquidation preference of secured senior securities which are stock. With respect to the Preferred Stock, the asset coverage per unit figure is expressed in terms of dollar amounts per share of outstanding Preferred Stock (based on a liquidation preference of $25).

 

See Notes to Financial Statements.

 

40 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

1. ORGANIZATION

 

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) is a closed-end management investment company that was organized as a Maryland corporation on June 22, 2016, and commenced investment operations on September 28, 2016. The investment adviser to the Fund is RiverNorth Capital Management, LLC (the “Adviser”). The Fund’s sub-adviser is DoubleLine Capital, LP (“Sub-Adviser”). The Fund is a diversified investment company with an investment objective to seek current income and overall total return.

 

The Fund seeks to achieve its investment objective by allocating its Managed Assets among three principal strategies: Tactical Closed End Fund Income Strategy, Alternative Credit Strategy and Opportunistic Income Strategy. The Adviser will determine the portion of the Fund’s Managed Assets to allocate to each strategy and may, from time to time, adjust the allocations.

 

2. SIGNIFICANT ACCOUNTING POLICIES

 

 

The following is a summary of significant accounting policies followed by the Fund. These policies are in conformity with generally accepted accounting principles in the United States of America (“GAAP”). The financial statements are prepared in accordance with GAAP, which requires management to make estimates and assumptions that affect the reported amounts and disclosures, including the disclosure of contingent assets and liabilities, in the financial statements during the reporting period. Management believes the estimates and security valuations are appropriate; however, actual results may differ from those estimates, and the security valuations reflected in the financial statements may differ from the value the Fund ultimately realizes upon sale of the securities. The Fund is considered an investment company for financial reporting purposes under GAAP and follows the accounting and reporting guidance applicable to investment companies as codified in Accounting Standards Codification (“ASC”) Topic 946 – Financial Services – Investment Companies. The financial statements have been prepared as of the close of the New York Stock Exchange (“NYSE”) on June 30, 2024.

 

Security Valuation: The Fund’s investments are generally valued at their fair value using market quotations. If a market value quotation is unavailable a security may be valued at its estimated fair value as described in Note 3.

 

Security Transactions and Related Income: The Fund follows industry practice and records security transactions on the trade date basis. The specific identification method is used for determining gains or losses for financial statements and income tax purposes. Dividend income is recorded on the ex-dividend date or for certain foreign securities, when the information becomes available to the Fund and interest income and expenses are recorded on an accrual basis. Discounts and premiums on securities purchased are amortized or accreted using the effective interest method. Paydown gains and losses on mortgage-related and other asset-backed securities are recorded as components of interest income on the Statement of Operations. Withholding taxes on foreign dividends have been provided for in accordance with the Fund’s understanding of the applicable country’s tax rules and rates. The ability of issuers of debt securities held by the Fund to meet their obligations may be affected by economic and political developments in a specific country or region. Settlement on bank loans transactions may be in excess of seven business days. Interest only stripped mortgage backed securities (“IO Strips”) are securities that receive only interest payments from a pool of mortgage loans. Little to no principal will be received by the Fund upon maturity of an IO Strip. Periodic adjustments are recorded to reduce the cost of the security until maturity, which are included in interest income.

 

 

Annual Report | June 30, 2024 41

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Foreign Currency Translation: The books and records of the Fund are maintained in U.S. dollars. Investment valuations and other assets and liabilities initially expressed in foreign currencies are converted each business day into U.S. dollars based upon current exchange rates. Prevailing foreign exchange rates may generally be obtained at the close of the NYSE (normally, 4:00 p.m. Eastern time). The portion of realized and unrealized gains or losses on investments due to fluctuations in foreign currency exchange rates is not separately disclosed and is included in realized and unrealized gains or losses on investments, when applicable.

 

Cash Balance: The Fund places its cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000. The Fund's credit risk in the event of failure of these financial institutions is represented by the difference between the FDIC limit and the total amounts on deposit. Management monitors the financial institutions' creditworthiness in conjunction with balances on deposit to minimize risk. The Fund from time to time may have amounts on deposit in excess of the insured limits.

 

Preferred Stock: In accordance with ASC 480-10-25, the Fund's Series A and Series B Cumulative Perpetual preferred shares have been classified as equity on the Statement of Assets and Liabilities. Refer to "Note 9. Cumulative Perpetual Preferred Stock" for further details.

 

Other: The Fund holds certain investments which pay dividends to their shareholders based upon available funds from operations. It is possible for these dividends to exceed the underlying investments’ taxable earnings and profits resulting in the excess portion of such dividends being designated as a return of capital. Distributions received from investments in securities that represent a return of capital or long-term capital gains are recorded as a reduction of the cost of investments or as a realized gain, respectively.

 

The Fund invests in closed-end funds, each of which has its own investment risks. Those risks can affect the value of the Fund's investments and therefore the value of the Fund's shares. To the extent that the Fund invests more of its assets in one closed end fund than in another, the Fund will have greater exposure to the risks of that closed end fund.

 

Common Share Valuation: The NAV is generally calculated as of the close of trading on the NYSE (normally 4:00 p.m. Eastern time) every day the NYSE is open. The NAV is calculated by dividing the value of all of the securities and other assets of the Fund, less the liabilities (including accrued expenses and indebtedness), by the total number of common shares outstanding.

 

Federal Income Taxes: The Fund has been treated as, and intends to qualify each year for special tax treatment afforded to, a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (“IRC”). In order to qualify as a RIC, the Fund must, among other things, satisfy income, asset diversification and distribution requirements. As long as it so qualifies, the Fund will not be subject to U.S. federal income tax to the extent that it distributes annually its investment company taxable income and its “net capital gain”. If the Fund retains any investment company taxable income or net capital gain, it will be subject to U.S. federal income tax on the retained amount at regular corporate tax rates. In addition, if the Fund fails to qualify as a RIC for any taxable year, it will be subject to U.S. federal income tax on all of its income and gains at regular corporate tax rates.

 

 

42 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

As of and during the year ended June 30, 2024, the Fund did not have a liability for any unrecognized tax benefits. The Fund files U.S. federal, state, and local tax returns as required. The Fund’s tax returns are subject to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return for federal purposes and four years for most state returns. Tax returns for open years have incorporated no uncertain tax positions that require a provision for income taxes.

 

The Fund recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expenses on the Statement of Operations. During the year ended June 30, 2024, the Fund did not incur any interest or penalties.

 

Distributions to Shareholders: Distributions to shareholders, which are determined in accordance with income tax regulations, are recorded on the ex-dividend date. The treatment for financial reporting purposes of distributions made to common shareholders during the year from net investment income or net realized capital gains may differ from their ultimate treatment for federal income tax purposes. These differences are caused primarily by differences in the timing of recognition of certain components of income, expense, or realized capital gain for federal income tax purposes. Where such differences are permanent in nature, they are reclassified in the components of the net assets based on their ultimate characterization for federal income tax purposes. Any such reclassification will have no effect on net assets, results of operations, or net asset values (“NAV”) per common share of the Fund.

 

The Fund maintains a level distribution policy. The Fund distributes to common shareholders regular monthly cash distributions of its net investment income. In addition, the Fund distributes its net realized capital gains, if any, at least annually. At times, to maintain a stable level of distributions, the Fund may pay out less than all of its net investment income or pay out accumulated undistributed income, or return of capital, in addition to current net investment income. Any distribution that is treated as a return of capital generally will reduce a common shareholder’s basis in his or her shares, which may increase the capital gain or reduce the capital loss realized upon the sale of such shares. Any amounts received in excess of a common shareholder’s basis are generally treated as capital gain, assuming the shares are held as capital assets. The Board approved the implementation of the level distribution policy to make monthly cash distributions to common shareholders, stated in terms of a rate equal to 12.5% of the average of the Fund’s NAV per common share for the final five trading days of the previous calendar year. The Fund made monthly distributions to common shareholders set at a level monthly rate of $0.1021 per common share for the period from July 1, 2023 to December 31, 2023, and $0.1003 per common share for the period from January 1, 2024 to June 30, 2024.

 

Previously, the Board approved the adoption of a managed distribution plan in accordance with a Section 19(b) exemptive order whereby the Fund made monthly distributions to common shareholders set at a fixed monthly rate.

 

Distributions to holders of cumulative perpetual preferred stock are accrued on a daily basis as described in Note 9.

 

 

Annual Report | June 30, 2024 43

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

3. SECURITIES VALUATION AND FAIR VALUE MEASUREMENTS

 

 

Fair value is defined as the price that the Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. GAAP establishes a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes.

 

Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including using such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.

 

Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.

 

  Level 1 Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Fund has the ability to access at the measurement date;
     
  Level 2 Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and
     
  Level 3 Significant unobservable prices or inputs (including the Fund’s own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date.

 

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

 

Equity securities, including closed-end funds and business development company notes, are generally valued by using market quotations, but may be valued on the basis of prices furnished by a pricing service when the Adviser believes such prices more accurately reflect the fair market value of such securities. Securities that are traded on any stock exchange are generally valued by the pricing service at the last quoted sale price. Lacking a last sale price, an exchange traded security is generally valued by the pricing service at its last bid price. Securities traded in the NASDAQ over-the-counter market are generally valued by the pricing service at the NASDAQ Official Closing Price. When using the market quotations or close prices provided by the pricing service and when the market is considered active, the security will be classified as a Level 1 security. Sometimes, an equity security owned by the Fund will be valued by the pricing service with factors other than market quotations or when the market is considered inactive. When this happens, the security will be classified as a Level 2 security. When market quotations are not readily available, when the Adviser determines that the market quotation or the price provided by the pricing service does not accurately reflect the current fair value, or when restricted or illiquid securities are being valued, such securities are valued as determined in good faith by the Adviser, as the Fund's valuation designee, in conformity with guidelines adopted by and subject to review by the Board. These securities will be categorized as Level 3 securities.

 

 

44 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Investments in mutual funds, including short term investments, are generally priced at the ending NAV provided by the service agent of the funds. These securities will be classified as Level 1 if the securities are determined to have a readily determinable fair value. For an investment that does not have a readily determinable fair value, the investment will be valued using the NAV reported by the investment fund as a practical expedient, without further adjustment, unless it is probable that the investment will be sold at a value significantly different than the reported NAV.

 

Domestic and foreign fixed income securities, including foreign and U.S. corporate bonds, foreign and U.S. government bonds, non-agency collateralized mortgage obligations, U.S. Government/ Agency mortgage backed securities, bank loans, and collateralized loan obligations are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services. Foreign currency positions, including forward foreign currency contracts, are priced at the mean between the closing bid and asked prices at 4:00 p.m. Eastern Time. Prices obtained from independent pricing services typically use information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Data used to establish quotes includes analysis of cash flows, pre-payment speeds, default rates, delinquency assumptions and assumptions regarding collateral and loss assumptions. These securities will be classified as Level 2 securities.

 

Small business loans, as an asset class, are not presently traded on a developed secondary market. Therefore, market quotations are not available. Accordingly, all small business loans are fair valued as determined in good faith by the Adviser pursuant to policies and procedures approved by the Board and subject to the Board’s oversight. The Fund's holdings in small business loans are fair valued daily by the Adviser using a discounted cash flow methodology, as an income approach. Discounted cash flow is a valuation technique that provides an estimation of the fair value of an asset based on expectations about cash flows that a small business loan would generate over time. In general, the primary inputs of fair value in the small business loan valuation model are projected loss rate and adjusted discount rate. A discounted cash flow model begins with an estimation of periodic cash flows expected to be generated over a discrete period of time (generally the time remaining until maturity of the loan). The estimated cash flows for each interval period (generally monthly) are then converted to their present value equivalent using a rate of return appropriate for the risk of achieving projected cash flows. Although not exhaustive, discounted cash flow models factor in borrower level data. Loans made to small businesses may incorporate different factors.

 

Short-term investments in fixed income securities, excluding money market funds, with maturities of less than 60 days when acquired, or which subsequently are within 60 days of maturity, and of sufficient credit quality, are valued by using the amortized cost method of valuation. These securities will be classified as Level 2 securities.

 

 

Annual Report | June 30, 2024 45

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Effective September 8, 2022, and pursuant to the requirements of Rule 2a-5 under the 1940 Act, the Board approved updated valuation procedures for the Fund and designated the Adviser as the Fund's valuation designee to make all fair valuation determinations with respect to the Fund's portfolio investments, subject to the Board's oversight.

 

In accordance with the Fund’s good faith pricing guidelines, the Adviser is required to consider all appropriate factors relevant to the value of securities for which it has determined other pricing sources are not available or reliable as described above. No single standard exists for determining fair value, because fair value depends upon the circumstances of each individual case. As a general principle, the current fair value of an issue of securities being valued by the Adviser would appear to be the amount which the owner might reasonably expect to receive for them upon their current sale. Methods which are in accordance with this principle may, for example, be based on (i) a multiple of earnings; (ii) discounted cash flow models; (iii) weighted average cost or weighted average price; (iv) a discount from market of a similar freely traded security (including a derivative security or a basket of securities traded on other markets, exchanges or among dealers); or (v) yield to maturity with respect to debt issues, or a combination of these and other methods. Good faith pricing is permitted if, in the Adviser’s opinion, the validity of market quotations appears to be questionable based on factors such as evidence of a thin market in the security based on a small number of quotations, a significant event occurs after the close of a market but before the Fund’s NAV calculation that may affect a security’s value, or the Adviser is aware of any other data that calls into question the reliability of market quotations.

 

Good faith pricing may also be used in instances when the bonds in which the Fund invests default or otherwise cease to have market quotations readily available.

 

 

46 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

The following is a summary of the inputs used at June 30, 2024 in valuing the Fund’s assets and liabilities:

 

Investments in Securities at Value*  Level 1 -
Quoted Prices
   Level 2 -
Other Significant
Observable Inputs
   Level 3 -
Significant Unobservable
Inputs
   Total 
Closed-End Funds  $4,760,939   $   $   $4,760,939 
Closed-End Funds - Preferred Shares   975,277            975,277 
Business Development Companies - Preferred Shares   2,200,094            2,200,094 
Bank Loans       1,377,105        1,377,105 
Small Business Loans           57,921,835    57,921,835 
Business Development Company Notes       2,071,499        2,071,499 
Common Stocks   482            482 
Rights   16,861            16,861 
Warrants   83,676    2,283        85,959 
Collateralized Loan Obligations       23,140,639        23,140,639 
U.S. Corporate Bonds       25,330,328        25,330,328 
U.S. Government / Agency Mortgage Backed Securities       77,871,758        77,871,758 
U.S. Government Bonds and Notes       49,570,730        49,570,730 
Foreign Corporate Bonds       507,213    50    507,263 
Non-Agency Collateralized Mortgage Obligations       62,672,709        62,672,709 
Short-Term Investments   25,278,051            25,278,051 
Total  $33,315,380   $242,544,264   $57,921,885   $333,781,529 
Other Financial Instruments**                    
Assets:                    
Future Contracts  $316,802   $   $   $316,802 
Total  $316,802   $   $   $316,802 

 

*Refer to the Fund's Schedule of Investments for a listing of securities by type.
**Other financial instruments are derivative instruments reflected in the Schedule of Investments. Futures contracts are reported at their unrealized appreciation/depreciation.

 

 

Annual Report | June 30, 2024 47

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

The changes of the fair value of investments for which the Fund has used Level 3 inputs to determine the fair value are as follows:

 

Asset Type  Balance as of June 30, 2023   Accrued Discount/ premium   Return of Capital   Realized Gain/(Loss)   Change in Unrealized Appreciation/ Deperciation   Purchases   Sales Proceeds   Transfer into Level 3   Transfer Out of Level 3   Balance as of June 30, 2024   Net change in unrealized appreciation/ (depreciation) included in the Statements of Operations attributable to Level 3 investments held at June 30, 2024 
Corporate Bond                               50        50    (1,325)
Small Business Loans   52,824,728            (22,223)   (4,456,133)   154,999,261    (145,423,798)           57,921,835    (5,488,438)
   $52,824,728   $   $   $(22,223)  $(4,456,133)  $154,999,261   $(145,423,798)  $50   $   $57,921,885   $(5,489,763)
                                                        

 

The table below provides additional information about the Level 3 Fair Value Measurements as of June 30, 2024:

 

Asset Class  Fair Value (USD)   Valuation
Technique
  Unobservable
Inputs(a)
  Value/Range
(Weighted Average)
Small Business Loans  $57,921,835   Income Approach  Loss-Adjusted Discount Rate  4.87%-21.03% (10.76%)
           Projected Loss Rate  0.00%-97.70% (10.96%)

 

(a)A change to the unobservable input may result in a significant change to the value of the investment as follows:

 

Unobservable Inputs Impact to Value if Input Increases Impact to Value if Input Decreases
Loss-Adjusted Discount Rate Decrease Increase
Projected Loss Rate Decrease Increase

 

 

48 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Futures

 

The Fund may invest in futures contracts in accordance with its investment objectives. The Fund does so for a variety of reasons including for cash management, hedging or non-hedging purposes in an attempt to achieve the Fund’s investment objective. A futures contract provides for the future sale by one party and purchase by another party of a specified quantity of the security or other financial instrument at a specified price and time. A futures contract on an index is an agreement pursuant to which two parties agree to take or make delivery of an amount of cash equal to the difference between the value of the index at the close of the last trading day of the contract and the price at which the index contract was originally written. Futures transactions may result in losses in excess of the amount invested in the futures contract. There can be no guarantee that there will be a correlation between price movements in the hedging vehicle and in the portfolio securities being hedged. An incorrect correlation could result in a loss on both the hedged securities in a fund and the hedging vehicle so that the portfolio return might have been greater had hedging not been attempted. There can be no assurance that a liquid market will exist at a time when a fund seeks to close out a futures contract or a futures option position. Lack of a liquid market for any reason may prevent a fund from liquidating an unfavorable position, and the fund would remain obligated to meet margin requirements until the position is closed. In addition, a fund could be exposed to risk if the counterparties to the contracts are unable to meet the terms of their contracts. With exchange-traded futures, there is minimal counterparty credit risk to the Fund since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default. The Fund is party to certain enforceable master netting arrangements, which provide for the right of offset under certain circumstances, such as the event of default.

 

When a purchase or sale of a futures contract is made by a fund, the fund is required to deposit with its custodian (or broker, if legally permitted) a specified amount of liquid assets (“initial margin”). The margin required for a futures contract is set by the exchange on which the contract is traded and may be modified during the term of the contract. The initial margin is in the nature of a performance bond or good faith deposit on the futures contract that is returned to the Fund upon termination of the contract, assuming all contractual obligations have been satisfied. These amounts are included in Deposit with broker for futures contracts on the Statement of Assets and Liabilities. Each day the Fund may pay or receive cash, called “variation margin,” equal to the daily change in value of the futures contract. Such payments or receipts are recorded for financial statement purposes as unrealized gains or losses by the Fund. Variation margin does not represent a borrowing or loan by the Fund but instead is a settlement between the Fund and the broker of the amount one would owe the other if the futures contract expired. When the contract is closed, the Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

 

 

Annual Report | June 30, 2024 49

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Derivative Instruments: The following tables disclose the amounts related to the Fund’s use of derivative instruments.

 

The effect of derivatives instruments on the Fund's Statement of Assets and Liabilities as of June 30, 2024:

 

  

Asset

Derivatives

    
Risk Exposure Statement 

Statement of Assets and Liabilities

Location

  Fair Value 
Interest Rate Risk (Futures Contracts)*  Net unrealized appreciation on futures contracts  $316,802 

 

*The value presented includes cumulative loss on open futures contracts; however the value reflected on the accompanying Statement of Assets and Liabilities is variation margin payable as of June 30, 2024.

 

The effect of derivative instruments on the Statement of Operations for the year ended June 30, 2024:

 

Risk Exposure  Statement of Operations Location  Realized
Gain/Loss on
Derivatives
   Change in
Unrealized
Appreciation/
Depreciation on
Derivatives
 
Interest rate risk (Futures contracts)  Net realized gain on futures contracts; Net change in unrealized appreciation/ depreciation on futures contracts  $(1,316,718)  $417,675 

 

The futures contracts average notional amount during the year ended June 30, 2024, is noted below.

 

Fund  Average Notional Amount of
Futures Contracts
 
RiverNorth/DoubleLine Strategic Opportunity Fund  $17,292,500 

 

4. ADVISORY FEES, DIRECTOR FEES AND OTHER AGREEMENTS

 

 

RiverNorth serves as the investment adviser to the Fund. Under the terms of the management agreement (the “Agreement”), the Adviser, subject to the supervision of the Board, provides or arranges to be provided to the Fund such investment advice as it deems advisable and will furnish or arrange to be furnished a continuous investment program for the Fund consistent with the Fund’s investment objectives and policies. As compensation for its management services, the Fund is obligated to pay the Adviser a fee computed and accrued daily and paid monthly in arrears at an annual rate of 1.00% of the average daily managed assets of the Fund. Managed assets are defined as the total assets of the Fund, including assets attributable to leverage, minus liabilities other than debt representing leverage and any preferred stock that may be outstanding. For the year ended June 30, 2024, the Adviser earned fees of $3,364,595, of which $276,569 remained payable at June 30, 2024. The Fund also paid the Adviser $39,945 in chief compliance officer ("CCO") fees, of which $10,853 remained payable at June 30, 2024.

 

 

50 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

DoubleLine Capital, LP is the investment sub-adviser to the Fund. Under the terms of the sub-advisory agreement, the Sub-Adviser, subject to the supervision of the Adviser and the Board, provides or arranges to be provided to the Fund such investment advice as deemed advisable and will furnish or arrange to be furnished a continuous investment program for the portion of assets managed in the Fund consistent with the Fund’s investment objective and policies. As compensation for its sub-advisory services, the Adviser is obligated to pay the Sub-Adviser a fee computed and accrued daily and paid monthly in arrears based on an annual rate of 0.50% of the average daily managed assets of the Fund.

 

ALPS Fund Services, Inc. (“ALPS”) provides the Fund with fund administration and fund accounting services. As compensation for its services to the Fund, ALPS receives an annual fee based on the Fund’s average daily net assets, subject to certain minimums.

 

State Street Bank & Trust, Co. serves as the Fund’s custodian. Millennium Trust serves as a custodian for electronic loan documents related to the Alternative Credit Strategy.

 

DST Systems, Inc. (“DST”), the parent company of ALPS, serves as the Transfer Agent to the Fund. Under the Transfer Agency Agreement, DST is responsible for maintaining all shareholder records of the Fund. DST is a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. (“SS&C”), a publicly traded company listed on the NASDAQ Global Select Market.

 

The Fund pays no salaries or compensation to its officers or to any interested Director employed by the Adviser or Sub-Adviser, and the Fund has no employees except as noted below. For their services, the Directors of the Fund who are not employed by the Adviser or Sub-Adviser, receive an annual retainer in the amount of $16,500, and an additional $2,000 for attending each quarterly meeting of the Board and an additional fee of $1,500 for each special meeting of the Board. In addition, the lead Independent Director receives $1,333 annually, the Chair of the Audit Committee receives $1,111 annually and the Chair of the Nominating and Corporate Governance Committee receives $667 annually. The Directors not employed by the Adviser or Sub-Adviser are also reimbursed for all reasonable out-of-pocket expenses relating to attendance at meetings of the Board.

 

The CCO of the Fund is an employee of the Adviser. The Fund reimburses the Adviser for certain compliance costs related to the Fund, including a portion of the CCO's compensation.

 

 

Annual Report | June 30, 2024 51

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

5. NEW ACCOUNTING PRONOUNCEMENTS AND RULE ISSUANCES

 

 

In December 2022, FASB deferred ASU 2022-04 and issued ASU 2022-06, Reference Rate Reform: Deferral of the Sunset Date of Topic 848, which extends the application of the amendments through December 31, 2024. Management has not yet elected to apply the amendments, is continuously evaluating the potential effect a discontinuation of LIBOR could have on the Fund’s investments and has currently determined that it is unlikely the ASU’s adoption will have a significant impact on the Fund’s financial statements and various filings.

 

In June 2022, the FASB issued ASU 2022-03 to clarify the guidance in Topic 820, Fair Value Measurement ("Topic 820"). The amendments in ASU 2022-03 affect all entities that have investments in equity securities measured at fair value that are subject to a contractual sale restriction. ASU 2022-03 (1) clarifies the guidance in Topic 820, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of equity security, (2) amends a related illustrative example, and (3) introduces new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. For public business entities, the amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2024, and interim periods within those fiscal years. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. Management is currently assessing the impact of these provisions on the Fund’s financial statements.

 

6. CREDIT AGREEMENT

 

 

The Fund may borrow money and/or issue preferred stock, notes or debt securities for investment purposes. These practices are known as leveraging. The Fund may use leverage through borrowings or the issuance of preferred stock, in an aggregate amount of up to 33 1/3% of the Fund’s total assets immediately after such borrowings or issuance.

 

On August 1, 2023, the Fund entered into an additional credit agreement with BNP Paribas (“BNP Credit Agreement”). The BNP Credit Agreement permits the Fund to borrow funds that are collateralized by assets held at BNP Paribas pursuant to the agreement. Under the terms of the BNP Credit Agreement, the Fund may borrow up to $25,000,000 bearing an interest rate of the Overnight Bank Funding Rate plus a fixed rate determined by the securities pledged as collateral. Any unused portion of the BNP Credit Agreement is subject to a commitment fee of 0.50% of the unused portion of the facility until a utilization of 80% or greater is met.

 

The Fund did not utilize the BNP Credit Agreement for the year ended June 30, 2024. There was no outstanding balance on the BNP Credit Agreement as of June 30, 2024.

 

7. TAX BASIS INFORMATION

 

 

It is the Fund’s policy to meet the requirements of the IRC applicable to regulated investment companies, and to distribute all of its taxable net income to its shareholders. In addition, the Fund intends to pay distributions as required to avoid imposition of excise tax. Therefore, no federal income tax provision is required.

 

 

52 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Tax Basis of Distributions to Shareholders: The character of distributions made during the year from net investment income or net realized gains may differ from its ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or realized gains were recorded by the Fund.

 

The tax character of the distributions paid by the Fund during the fiscal years ended June 30, 2024 and June 30, 2023, was as follows:

 

   For the Year Ended
June 30, 2024
   For the Year Ended
June 30, 2023
 
Ordinary Income-Common  $20,314,841   $19,920,570 
Ordinary Income Preferred   4,790,698    4,790,661 
Return of Capital   7,581,377    12,963,911 
Total  $32,686,916   $37,675,142 

 

Components of Distributable Earnings on a Tax Basis: The tax components of distributable earnings are determined in accordance with income tax regulations which may differ from the composition of net assets reported under GAAP. Accordingly, for the year ended June 30, 2024, certain differences were reclassified. These differences were primarily due to book/tax distribution differences and to the different tax treatment of certain other investments; the amounts reclassified did not affect net assets. The reclassifications were as follows:

 

Paid-in capital Total distributable earnings
$(6,542,734) $6,542,734

 

At June 30, 2024, the components of distributable earnings on a tax basis for the Fund was as follows:

 

Accumulated Capital Gains/(Losses)  $(28,861,566)
Unrealized Appreciation/(Depreciation)  $(42,030,677)
Other Cumulative Effect of Timing Difference  $(684,375)
Total  $(71,576,618)

 

Under current law, capital losses maintain their character as short-term or long-term and are carried forward to the next tax year without expiration. As of the current fiscal year end, the following amounts are available as carry forwards to the next tax year:

 

   Short-Term   Long-Term 
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  $1,468,348   $27,393,218 

 

 

Annual Report | June 30, 2024 53

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Unrealized Appreciation and Depreciation on Investments: As of June 30, 2024, net unrealized appreciation/(depreciation) of investments based on federal tax costs was as follows:

 

Cost of investments for income tax purposes  $375,812,207 
Gross appreciation on investments (excess of value over tax cost)   5,913,660 
Gross depreciation on investments (excess of tax cost over value)   (47,944,337)
Net unrealized depreciation on investments  $(42,030,677)

 

The difference between book and tax basis unrealized appreciation/(depreciation) for the Fund is primarily attributable to wash sales, income adjustments on income-only securities and grantor trusts.

 

The Fund recognizes the tax benefits of uncertain tax positions only where the position is “more likely than not” to be sustained assuming examination by tax authorities. Management has analyzed the Fund’s tax positions, and has concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on U.S. tax returns and state tax returns filed since inception of the Fund. No income tax returns are currently under examination. The tax years since 2018 remain subject to examination by the tax authorities in the United States. The Fund is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months.

 

8. INVESTMENT TRANSACTIONS

 

 

Investment transactions for the year ended June 30, 2024, excluding long term U.S. Government Obligations and short-term investments, were as follows:

 

   Purchases   Sales 
  $214,098,798   $247,269,022 

 

Investment Transactions in long term U.S. Government Obligations for the year ended June 30, 2024 were as follows:

 

   Purchases of
Securities
   Proceeds from
Sales of
Securities
 
  $162,042,674   $136,534,410 

 

9. CUMULATIVE PERPETUAL PREFERRED STOCK

 

 

At June 30, 2024, the Fund had issued and outstanding 2,400,000 shares of Series A Cumulative Perpetual Preferred Stock, listed under trading symbol OPPPRA on the NYSE, with a par value of $0.0001 per share and a liquidation preference of $25.00 per share plus accrued and unpaid dividends (whether or not declared) and 2,400,000 shares of Series B Cumulative Perpetual Preferred Stock, listed under trading symbol OPPPRB on the NYSE, with a par value of $0.0001 per share and a liquidation preference of $25.00 per share plus accrued and unpaid dividends (whether or not declared). The Fund issued 2,400,000 shares of Series A Cumulative Perpetual Preferred Stock on October 23, 2020 and 2,400,000 shares of Series B Cumulative Perpetual Preferred Stock on November 22, 2021. The Series A Cumulative Perpetual Preferred Stock is entitled to voting rights and a dividend at a rate of 4.375% per year, paid quarterly, based on the $25.00 liquidation preference before the common stock is entitled to receive any dividends. The Series B Cumulative Perpetual Preferred Stock is entitled to voting rights and a dividend at a rate of 4.75% per year, paid quarterly, based on the $25.00 liquidation preference before the common stock is entitled to receive any dividends. The Series A Cumulative Perpetual Preferred Stock is generally not redeemable at the Fund’s option prior to November 15, 2025, and is subject to mandatory redemption by the Fund in certain circumstances. The Series B Cumulative Perpetual Preferred Stock is generally not redeemable at the Fund’s option prior to February 15, 2027, and is subject to mandatory redemption by the Fund in certain circumstances. On or after November 15, 2025, the Fund may redeem in whole, or from time to time in part, outstanding Series A Cumulative Perpetual Preferred Stock at a redemption price per share equal to the per share liquidation preference of $25.00 per share, plus accumulated and unpaid dividends, if any, through the date of redemption. On or after February 15, 2027, the Fund may redeem in whole, or from time to time in part, outstanding Series B Cumulative Perpetual Preferred Stock at a redemption price per share equal to the per share liquidation preference of $25.00 per share, plus accumulated and unpaid dividends, if any, through the date of redemption.

 

 

54 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

Series First
Redemption Date
Fixed Rate Shares
Outstanding
Aggregate
Liquidation
Preference
Estimated
Fair Value
Series A November 15, 2025 4.375% 2,400,000 $ 60,000,000 $ 45,120,000
Series B February 15, 2027 4.750% 2,400,000 $ 60,000,000 $ 47,664,000

 

10. CAPITAL SHARE TRANSACTIONS

 

 

The Fund’s authorized capital stock consists of 50,000,000 shares of common stock, $0.0001 par value per share, all of which was initially classified as common shares. Under the rules of the NYSE applicable to listed companies, the Fund is required to hold an annual meeting of stockholders in each year.

 

On August 12-13, 2020, August 10-11, 2021 and August 9-10, 2022, respectively, the Board approved rights offerings to participating shareholders of record who were allowed to subscribe for new common shares of the Fund (the “Primary Subscription”). Record date shareholders received one right for each common share held on the Record Date ("Right"). For every three Rights held, a holder of the Rights was entitled to buy one new common share of the Fund. Record date shareholders who fully exercised all Rights initially issued to them in the Primary Subscription were entitled to buy those common shares that were not purchased by other record date shareholders. The Fund issued new shares of common stock at a subscription price that represented 92.5% to 97.5% of the reported NAV on the expiration date of each rights offering. Offering costs were charged to paid-in-capital upon the exercise of the Rights.

 

 

Annual Report | June 30, 2024 55

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

The shares of common stock issued, subscription price, and offering costs for the rights offerings were as follows:

 

Record Date Expiration Date Shares of
Common
Stock Issued
Subscription
Price
Offering
Costs
September 3, 2020 October 1, 2020 472,995 $13.88 $122,545
September 7, 2021 October 1, 2021 2,926,441 $14.48 $292,000
August 25, 2022 September 23, 2022 3,508,633 $9.70 $122,884

 

On April 7, 2021 and December 29, 2021, the Fund entered into a distribution agreement with ALPS Distributors, Inc. ("ADI"). Pursuant to the distribution agreement with ADI, the Fund may offer to sell up to 10,000,000 of the Fund's common stock from time to time through ADI.

 

The shares of common stock issued, gross proceeds from the sales of shares, and commissions to ADI were as follows:

 

Year Ended Shares of
Common
Stock Issued
Gross
Proceeds
Commissions Offering
Costs
Net Proceeds
June 30, 2023
June 30, 2024

 

The Fund has issued and outstanding 22,971,194 shares of common stock at June 30, 2024.

 

Additional shares of the Fund may be issued under certain circumstances, including pursuant to the Fund’s Automatic Dividend Reinvestment Plan, as defined within the Fund’s organizational documents. Additional information concerning the Automatic Dividend Reinvestment Plan is included within this report.

 

11. INDEMNIFICATIONS

 

 

Under the Fund’s organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts with service providers that may contain general indemnification clauses. The Fund’s maximum exposure under those arrangements is unknown, as this would involve future claims that may be made against the Fund that have not yet occurred.

 

 

56 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Notes to Financial Statements June 30, 2024

 

12. SUBSEQUENT EVENTS

 

 

Subsequent to June 30, 2024, the Fund paid the following distributions:

 

Ex-Date Record Date Payable Date Rate (per share)
July 15, 2024 July 15, 2024 July 31, 2024 $0.1003
August 15, 2024 August 15, 2024 August 30, 2024 $0.1003

 

On August 13, 2024, the Board declared Series A and Series B preferred stock dividend in the amount of $0.27344 and $0.29688 per share, respectively, payable on August 15, 2024 to preferred shareholders of record on August 1, 2024 with an ex date of August 1, 2024.

 

The Fund has performed an evaluation of subsequent events through the date the financial statements were issued and has determined that no additional items require recognition or disclosure.

 

 

Annual Report | June 30, 2024 57

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Report of Independent Registered Public Accounting Firm June 30, 2024

 

To the Shareholders and the Board of Directors

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.:

 

Opinion on the Financial Statements

 

We have audited the accompanying statement of assets and liabilities of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the Fund), including the summary schedule of investments, as of June 30, 2024, the related statements of operations and cash flows for the year then ended, the statements of changes in net assets for each of the years in the two year period then ended, and the related notes (collectively, the financial statements) and the financial highlights for each of the years in the two year period then ended. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of June 30, 2024, the results of its operations and its cash flows for the year then ended, the changes in its net assets for each of the years in the two year period then ended, and the financial highlights for each of the years in the two year period then ended, in conformity with U.S. generally accepted accounting principles. The financial highlights for the years ended June 30, 2022 and prior were audited by other independent registered public accountants whose report, dated August 29, 2022, expressed an unqualified opinion on those financial highlights.

 

Basis for Opinion

 

These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Such procedures also included confirmation of securities owned as of June 30, 2024, by correspondence with custodians and brokers; when replies were not received from brokers, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

 

 

We have served as the auditor of one or more RiverNorth investment companies since 2015.

 

Columbus, Ohio

August 29, 2024

 

 

58 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Dividend Reinvestment Plan June 30, 2024 (Unaudited)

 

The Fund has an automatic dividend reinvestment plan commonly referred to as an “opt-out” plan. Unless the registered owner of common shares elects to receive cash by contacting DST (the “Plan Administrator”), all dividends and distributions declared on common shares will be automatically reinvested by the Plan Administrator for shareholders in the Fund’s Automatic Dividend Reinvestment Plan (the “Plan”), in additional common shares. Common shareholders who elect not to participate in the Plan will receive all dividends and other distributions in cash paid by check mailed directly to the shareholder of record (or, if the common shares are held in street or other nominee name, then to such nominee) by the Plan Administrator as dividend disbursing agent. Participation in the Plan is completely voluntary and may be terminated or resumed at any time without penalty by notice if received and processed by the Plan Administrator prior to the dividend record date; otherwise such termination or resumption will be effective with respect to any subsequently declared dividend or other distribution. Such notice will be effective with respect to a particular dividend or other distribution (together, a “Dividend”). Some brokers may automatically elect to receive cash on behalf of common shareholders and may re-invest that cash in additional common shares. Reinvested Dividends will increase the Fund’s Managed Assets on which the management fee is payable to the Adviser (and by the Adviser to the Sub-Adviser).

 

Whenever the Fund declares a Dividend payable in cash, non-participants in the Plan will receive cash and participants in the Plan will receive the equivalent in common shares. The common shares will be acquired by the Plan Administrator for the participants’ accounts, depending upon the circumstances described below, either (i) through receipt of additional unissued but authorized common shares from the Fund (“Newly Issued Common Shares”) or (ii) by purchase of outstanding common shares on the open market (“Open-Market Purchases”) on the NYSE or elsewhere. If, on the payment date for any Dividend, the closing market price plus estimated brokerage commissions per common share is equal to or greater than the NAV per common share, the Plan Administrator will invest the Dividend amount in Newly Issued common shares on behalf of the participants. The number of Newly Issued common shares to be credited to each participant’s account will be determined by dividing the dollar amount of the Dividend by the Fund’s NAV per common share on the payment date. If, on the payment date for any Dividend, the NAV per common share is greater than the closing market value plus estimated brokerage commissions (i.e., the Fund’s common shares are trading at a discount), the Plan Administrator will invest the Dividend amount in common shares acquired on behalf of the participants in Open-Market Purchases.

 

In the event of a market discount on the payment date for any Dividend, the Plan Administrator will have until the last business day before the next date on which the common shares trade on an “ex-dividend” basis or 30 days after the payment date for such Dividend, whichever is sooner (the “Last Purchase Date”), to invest the Dividend amount in common shares acquired in Open-Market Purchases. It is contemplated that the Fund will pay monthly income Dividends. If, before the Plan Administrator has completed its Open-Market Purchases, the market price per common share exceeds the NAV per common share, the average per common share purchase price paid by the Plan Administrator may exceed the NAV of the common shares, resulting in the acquisition of fewer common shares than if the Dividend had been paid in Newly Issued common shares on the Dividend payment date. Because of the foregoing difficulty with respect to Open-Market Purchases, the Plan provides that if the Plan Administrator is unable to invest the full Dividend amount in Open-Market Purchases during the purchase period or if the market discount shifts to a market premium during the purchase period, the Plan Administrator may cease making Open-Market Purchases and may invest the uninvested portion of the Dividend amount in Newly Issued common shares at the NAV per common share at the close of business on the Last Purchase Date.

 

 

Annual Report | June 30, 2024 59

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Dividend Reinvestment Plan June 30, 2024 (Unaudited)

 

The Plan Administrator maintains all shareholders’ accounts in the Plan and furnishes written confirmation of all transactions in the accounts, including information needed by shareholders for tax records. Common shares in the account of each Plan participant will be held by the Plan Administrator on behalf of the Plan participant, and each shareholder proxy will include those shares purchased or received pursuant to the Plan. The Plan Administrator will forward all proxy solicitation materials to participants and vote proxies for shares held under the Plan in accordance with the instructions of the participants.

 

Beneficial owners of common shares who hold their common shares in the name of a broker or nominee should contact the broker or nominee to determine whether and how they may participate in the Plan. In the case of common shareholders such as banks, brokers or nominees which hold shares for others who are the beneficial owners, the Plan Administrator will administer the Plan on the basis of the number of common shares certified from time to time by the record shareholder’s name and held for the account of beneficial owners who participate in the Plan.

 

There will be no brokerage charges with respect to common shares issued directly by the Fund. However, each participant will pay a pro rata share of brokerage commissions incurred in connection with Open-Market Purchases. The automatic reinvestment of Dividends will not relieve participants of any federal, state or local income tax that may be payable (or required to be withheld) on such Dividends, even though such participants have not received any cash with which to pay the resulting tax. Participants that request a sale of common shares through the Plan Administrator are subject to brokerage commissions.

 

The Fund reserves the right to amend or terminate the Plan. There is no direct service charge to participants with regard to purchases in the Plan; however, the Fund reserves the right to amend the Plan to include a service charge payable by the participants. All correspondence or questions concerning the Plan should be directed to the Plan Administrator at (844) 569-4750.

 

 

60 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

The following information in this annual report is a summary of certain information about the Fund and changes since the Fund’s most recent annual report for June 30, 2024 (the “prior disclosure date”). This information may not reflect all of the changes that have occurred since you purchased the Fund.

 

Summary of Fund Expenses

 

The following table shows Fund expenses as a percentage of net assets attributable to Common Shares. The expenses shown in the table and related footnotes, along with the example, are based on the Fund’s capital structure as of June 30, 2024. Actual expenses may be greater or less than those shown below.

 

Shareholder Transaction Expenses     As a Percentage of
Offering Price
 
Sales Load     %*
Offering Expenses Borne by Common Shareholders of the Fund     %*
Dividend Reinvestment Plan Fees     (1)*
Preferred Shares Offering Expenses Borne by the Fund (as a percentage of net assets attributable to Common Shares)     %*

 

 

   As a Percentage
of Net Assets
Attributable to
Common Shares
(Assuming the Use
of Leverage Equal
to 35.73% of the
Fund’s Managed
Assets)
Annual Expenses   
Management fee(2)   1.56%
Leverage costs(3)(4)   0.05%
Dividends on Preferred Shares(5)   2.54%
Other expenses   1.14%
Acquired fund fees and expenses(6)   0.20%
Total annual expenses   5.49%

 

 

The purpose of the table above and the example below is to help you understand the fees and expenses that you, as a Common Shareholder, would bear directly or indirectly. The expenses shown in the table under “Other Expenses” and “Total annual expenses” assume that the Fund has not issued any additional Common Shares.

 

Example(7)

 

The example illustrates the expenses you would pay on a $1,000 investment in Common Shares, based on the fees and expenses set forth in the table above, assuming a 5% annual return.

 

  1 year 3 years 5 years 10 years
Total Expenses Incurred $55 $163 $271 $536

 

 

Annual Report | June 30, 2024 61

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

The example should not be considered a representation of future expenses. Actual expenses may be greater or less than those assumed.

 

*The applicable prospectus supplement to be used in connection with any sales of Common Shares or Preferred Shares will set forth any applicable sales load and the estimated offering expenses borne by the Fund under an Offering.
(1)There will be no brokerage charges with respect to Common Shares issued directly by the Fund under the dividend reinvestment plan. You may pay brokerage charges in connection with open market purchases or if you direct the plan agent to sell your Common Shares held in a dividend reinvestment account.
(2)The management fee is charged as a percentage of the Fund’s average daily Managed Assets, as opposed to net assets. With leverage, Managed Assets are greater in amount than net assets, because Managed Assets include borrowings for investment purposes. The market value of the Fund’s derivatives are used for purposes of calculating Managed Assets. The management fee of 1.00% of the Fund’s Managed Assets represents 1.56% of net assets attributable to Common Shares assuming the use of leverage in an amount of 35.73% of the Fund’s Managed Assets. The Fund’s Managed Assets for the fiscal year ended June 30, 2024 (which includes the use of leverage discussed in footnote (4)) were multiplied by the annual advisory fee rate and then divided by the Fund’s average net assets for the same period to calculate the management fee as a percentage of the Fund’s net assets attributable to Common Shares. Since the Fund has Preferred Shares outstanding, the management fee and certain other expenses as a percentage of net assets attributable to Common Shares is higher than if the Fund did not utilize a leveraged capital structure.
(3)The actual amount of leverage costs borne by the Fund will vary over time in accordance with the level of the Fund’s use of leverage and variations in market interest rates. See “Use of Leverage.”
(4)“Leverage costs” in the table reflect the cost to the Fund of borrowings, expressed as a percentage of the Fund’s net assets as of June 30, 2024. The table assumes the use of leverage from borrowings representing 35.73% of Managed Assets, which reflects approximately the percentage of the Fund’s total average Managed Assets attributable to such leverage averaged over the year ended June 30, 2024, at a weighted average annual expense to the Fund of 4.56%.
(5)Dividends on Preferred Shares represent the estimated dividend expense adjusted to assume 2,400,000 shares of 4.375% Series A Preferred Stock with a liquidation preference of $60,000,000 and 2,400,000 shares of 4.75% Series B Preferred Stock with a liquidation preference of $60,000,000 were outstanding for the entire 12 months of operations after June 30, 2024.
(6)The “Acquired Fund Fees and Expenses” are based on the expense ratios for the most recent fiscal year of the Underlying Funds (defined below) in which the Fund has invested, which may change substantially over time and, therefore, significantly affect “Acquired fund fees and expenses.” These amounts are based on the total expense ratio disclosed in each Underlying Fund’s most recent shareholder report. Some of the Underlying Funds in which the Fund invests (or may invest) charge incentive fees based on the Underlying Funds’ performance. The 0.20% shown as “Acquired Fund Fees and Expenses” reflects the operating expenses of the Underlying Funds and transaction-related fees. Certain Underlying Funds in which the Fund invests (or may invest) generally charge a management fee of 1.00% to 2.00% and may charge up to a 20% incentive fee on income and/or capital gains, which are included in “Acquired Fund Fees and Expenses,” as applicable. The “Acquired Fund Fees and Expenses” disclosed above, however, do not reflect any performance based fees or allocations paid by the Underlying Funds that are calculated solely on the realization and/or distribution of gains, or on the sum of such gains and unrealized appreciation of assets distributed in kind, as such fees and allocations for a particular period may be unrelated to the cost of investing in the Underlying Funds. Future Underlying Funds’ fees and expenses may be substantially higher or lower because certain fees may be based on the performance of the Underlying Funds, which may fluctuate over time. Acquired Fund Fees and Expenses are borne indirectly by the Fund, but they are not reflected in the Fund’s financial statements; and the information presented in the table will differ from that presented in the Fund’s financial highlights.

 

 

62 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

(7)The example does not include sales load or estimated offering costs. The example should not be considered a representation of future expenses. The example assumes that the estimated “Other expenses” set forth in the table are accurate and that all dividends and distributions are reinvested at NAV and that the Fund is engaged in leverage of 35.73% of Managed Assets, assuming interest and fees on leverage of 4.45%. The interest and fees on leverage is expressed as an interest rate and represents interest and fees payable on the BNP Facility (defined below). Actual expenses may be greater or less than those shown. Moreover, the Fund’s actual rate of return may be greater or less than the hypothetical 5% annual return shown in the example.

 

The purpose of the table and the example above is to help investors understand the fees and expenses that they, as Common Shareholders, would bear directly or indirectly.

 

Investment Objectives

 

There have been no changes in the Fund’s investment objectives since the prior disclosure date that have not been approved by shareholders.

 

The Fund’s investment objective is current income and overall total return.

 

Principal Investment Strategies and Policies

 

There have been no material changes in the Fund’s Principal Investment Strategies and Policies since the prior disclosure date.

 

The Fund seeks to achieve its investment objective by allocating its Managed Assets between the three principal strategies described below. The Adviser determines the portion of the Fund’s Managed Assets to allocate to each strategy and may, from time to time, adjust the allocations.

 

Tactical Closed-End Fund Income Strategy. This strategy seeks to (i) generate returns through investments in closed-end funds (“CEFs”), special purpose acquisition companies (“SPACs”), exchange-traded funds (“ETFs”) and business development companies (“BDCs,” and, together with the Fund’s investments in CEFs, SPACs and ETFs, the “Underlying Funds”) that invest primarily in income-producing securities, and (ii) derive value from the discount and premium spreads associated with CEFs. All Underlying Funds in which the Fund invests are registered under the Securities Act of 1933, as amended (the “Securities Act”).

 

Under normal market conditions: (i) no more than 20% of the Fund’s Managed Assets allocated to the Tactical Closed-End Fund Income Strategy is invested in “equity” Underlying Funds; (ii) no more than 60% of the Fund’s Managed Assets allocated to the Tactical Closed-End Fund Income Strategy is invested in below investment grade (also known as “high yield” and “junk”) and “senior loan” Underlying Funds; and (iii) no more than 25% of the Fund’s Managed Assets allocated to the Tactical Closed-End Fund Income Strategy is invested in “emerging market income” Underlying Funds. The Fund will also limit its investments in CEFs (including BDCs) that have been in operation for less than one year to no more than 10% of the Fund’s Managed Assets allocated to the Tactical Closed-End Fund Income Strategy. The Fund will not invest in inverse ETFs or leveraged ETFs. The types of Underlying Funds referenced in this paragraph are categorized in accordance with the fund categories established and maintained by Morningstar, Inc. The investment parameters stated above (and elsewhere in this disclosure) apply only at the time of purchase. The Fund’s shareholders indirectly bear the expenses, including the management fees, of the Underlying Funds.

 

 

Annual Report | June 30, 2024 63

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

  

The Underlying Funds in which the Adviser seeks to invest will generally focus on a broad range of fixed income securities or sectors, including Underlying Funds that invest in the following securities or sectors: convertible securities, preferred stocks, high yield securities, exchange-traded notes, structured notes, dividend strategies, covered call option strategies, real estate-related investments, energy, utility and other income-oriented strategies. In addition, the Fund may invest directly in debt securities issued by certain credit-oriented, unlisted Underlying Funds, including BDCs, identified by the Adviser in its due diligence process (“Private Debt”). The Adviser believes investments in Private Debt can provide the Fund with the opportunity to obtain more favorable terms than similar publicly traded debt investments with similar risk profiles.

 

The Fund may invest in Underlying Funds that invest in securities that are rated below investment grade, including those receiving the lowest ratings from S&P® Global Ratings Services (“S&P”), Fitch Ratings, a part of the Fitch Group (“Fitch”), or Moody’s Investor Services, Inc. (“Moody’s”), or comparably rated by another nationally recognized statistical rating organization (“NRSRO”) or, if unrated, determined by the Adviser or the Subadviser to be of comparable credit quality, which indicates that the security is in default or has little prospect for full recovery of principal or interest. Below investment grade securities are commonly referred to as “junk” and “high yield” securities. Below investment grade securities are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. Lower rated below investment grade securities are considered more vulnerable to nonpayment than other below investment grade securities and their issuers are more dependent on favorable business, financial and economic conditions to meet their financial commitments. The lowest rated below investment grade securities are typically already in default.

 

The Underlying Funds in which the Fund invests will not include those that are advised or subadvised by the Adviser, the Subadviser or their affiliates.

 

Under normal circumstances, the Fund intends to maintain long positions in Underlying Funds and other portfolio securities; however, the Fund may at times establish hedging positions. Hedging positions may include short sales and derivatives, such as options, futures and swaps (“Hedging Positions”). Under normal market conditions, no more than 30% of the Fund’s Managed Assets is in Hedging Positions (as determined based on the market value of such Hedging Positions).

 

A short sale is a transaction in which the Fund sells a security that it does not own in anticipation of a decline in the market price of the security. The Fund will not engage in any short sales of securities issued by CEFs and BDCs. To complete the short sale, the Fund must arrange through a broker to borrow the security in order to deliver it to the buyer. The Fund is obligated to replace the borrowed security by purchasing it at a market price at or prior to the time it must be returned to the lender. The price at which the Fund is required to replace the borrowed security may be more or less than the price at which the security was sold by the Fund. The Fund will incur a loss if the price of the security sold short increases between the date of the short sale and the date on which the Fund replaces the borrowed security. The Fund will realize a gain if the price of the security declines between those dates.

 

 

64 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Under the Tactical Closed-End Fund Income Strategy, the Fund also may attempt to enhance the return on the cash portion of its portfolio by investing in total return swap agreements. A total return swap agreement provides the Fund with a return based on the performance of an underlying asset, in exchange for fee payments to a counterparty based on a specific rate. The difference in the value of these income streams is recorded daily by the Fund, and is typically settled in cash at least monthly. If the underlying asset declines in value over the term of the swap, the Fund would be required to pay the dollar value of that decline plus any applicable fees to the counterparty. The Fund may use its own NAV or any other reference asset that the Adviser chooses as the underlying asset in a total return swap. The Fund will limit the notional amount of all total return swaps in the aggregate to 15% of the Fund’s Managed Assets. Using the Fund’s own NAV as the underlying asset in the total return swap serves to reduce cash drag (the impact of cash on the Fund’s overall return) by replacing it with the impact of market exposure based upon the Fund’s own investment holdings. This type of total return swap would provide the Fund with a return based on its NAV. Like any total return swap, the Fund would be subject to counterparty risk and the risk that its own NAV declines in value.

 

The Fund anticipates that its SPAC investments will be primarily composed of: (i) units issued by SPACs comprised of common stock and warrants to purchase common stock; (ii) common stock issued by SPACs, including “founder” shares; and (iii) warrants to purchase common stock, including “founder” warrants. In addition, the Fund’s SPAC investments could also consist of debt instruments issued by SPACs; securities of other investment companies that primarily invest in SPACs; and securities of SPACs that have completed a business combination transaction with an operating company within the last two calendar years.

 

The Fund’s SPAC investments may be obtained (among other means) through initial public offerings (“IPOs”) of SPACs; secondary market transactions; private placements, including private investment in public equity (“PIPE”) transactions and investments in vehicles formed by SPAC sponsors to hold founder shares and founder warrants; and/or forward purchase agreements pursuant to which investors commit to purchasing a SPAC’s securities to the extent the SPAC requires additional funding at the time of a business combination. Through its investments in SPACs, the Fund will seek to (i) obtain attractive risk-adjusted investment returns, and (ii) derive value from buying and selling SPAC securities to take advantage of pricing discrepancies in the SPAC market (e.g., the difference between the price of a SPAC security and the pro rata value of the SPAC’s trust account).

 

The SPACs in which the Adviser may invest may focus on a broad range of industries and sectors and may generally pursue initial business combinations in any business, industry or geographic location, including outside of the United States. Certain SPACs may seek acquisitions only in limited industries or regions, which may increase the volatility of their securities’ prices.

 

 

Annual Report | June 30, 2024 65

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Opportunistic Income Strategy. This strategy seeks to generate attractive risk-adjusted returns through investments in fixed income instruments and other investments, including agency and non-agency residential mortgage-backed and other asset-backed securities, corporate bonds, municipal bonds, and real estate investment trusts (“REITs”). At least 50% of the Managed Assets allocated to this strategy is invested in mortgage-backed securities.

 

Under this strategy, the Fund may invest in securities of any credit quality, including, without limit, securities that are rated below investment grade, except that the Fund invests at least 20% of the Managed Assets allocated to this strategy in securities rated investment grade (or unrated securities judged by the Subadviser to be of comparable quality). In addition, the Subadviser does not currently expect that the Fund will invest more than 15% of the Managed Assets allocated to this strategy in corporate debt securities (excluding mortgage-backed securities) or sovereign debt instruments rated below B-by Moody’s and below B3 by S&P or Fitch (or unrated securities determined by the Subadviser to be of comparable quality). The Fund’s investments in below investment grade securities under this strategy may include securities receiving the lowest ratings from S&P (i.e., D-), Fitch (i.e., D-) or Moody’s (i.e., C3), or comparably rated by another NRSRO or, if unrated, determined by the Adviser or Subadviser to be of comparable credit quality, which indicates that the security is in default or has little prospect for full recovery of principal or interest. Below investment grade securities are commonly referred to as “junk” and “high yield” securities. Below investment grade securities are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. Lower rated below investment grade securities are considered more vulnerable to nonpayment than other below investment grade securities and their issuers are more dependent on favorable business, financial and economic conditions to meet their financial commitments. The lowest rated below investment grade securities are typically already in default.

 

The Fund invests no more than 20% of its Managed Assets allocated to the Opportunistic Income Strategy in non-U.S. investments, including emerging market investments.

 

Investments under the Opportunistic Income Strategy may include, without limitation as to the Fund’s Managed Assets allocated to this strategy, mortgage-backed securities, including agency and non-agency residential mortgage-backed securities (“RMBS”). These RMBS investments have undergone extreme volatility over the past several years, driven primarily by high default rates and the securities being downgraded to “junk” status.

 

Investments under the Opportunistic Income Strategy may include mortgage- or asset-backed securities of any kind, including, by way of example, mortgage- or asset-related securities not subject to the credit support of the U.S. Government or any agency or instrumentality of the U.S. Government, including obligations backed or supported by sub-prime mortgages, which are subject to certain special risks.

 

Mortgage- or asset-backed securities may include, among other things, securities issued or guaranteed by the United States Government, its agencies, or its instrumentalities or sponsored corporations, or securities of domestic or foreign private issuers. Mortgage- or asset-backed securities may be issued or guaranteed by banks or other financial institutions, special-purpose vehicles established for such purpose, or private issuers, or by government agencies or instrumentalities. Privately issued mortgage- backed securities include any mortgage-backed security other than those issued or guaranteed as to principal or interest by the U.S. Government or its agencies or instrumentalities. Mortgage-backed securities may include, without limitation, interests in pools of residential mortgages or commercial mortgages, and may relate to domestic or non-U.S. mortgages. Mortgage-backed securities include, but are not limited to, securities representing interests in, collateralized or backed by, or whose values are determined in whole or in part by reference to any number of mortgages or pools of mortgages or the payment experience of such mortgages or pools of mortgages, including Real Estate Mortgage Investment Conduits (“REMICs”), which could include resecuritizations of REMICs, mortgage pass-through securities, inverse floaters, collateralized mortgage obligations, collateralized loan obligations, collateralized debt obligations, multiclass pass-through securities, private mortgage pass-through securities, stripped mortgage securities (generally interest-only and principal-only securities), and securitizations of various receivables, including, for example, credit card and automobile finance receivables. Certain mortgage-backed securities in which the Fund may invest may represent an inverse interest-only class of security for which the holders are entitled to receive no payments of principal and are entitled only to receive interest at a rate that will vary inversely with a specified index or reference rate, or a multiple thereof.

 

 

66 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

The Fund may purchase other types of debt securities and other income-producing investments of any kind, including, by way of example, U.S. Government securities; debt securities issued by domestic or foreign corporations; obligations of foreign sovereigns or their agencies or instrumentalities; equity, mortgage, or hybrid REIT securities; bank loans (including, among others, participations, assignments, senior loans, delayed funding loans and revolving credit facilities); municipal securities and other debt securities issued by states or local governments and their agencies, authorities and other government- sponsored enterprises.

 

Alternative Credit Strategy. This strategy may invest in a combination of: (i) investing in loans to SMEs; investing in notes or other pass-through obligations issued by an alternative credit platform (or an affiliate) representing the right to receive the principal and interest payments on an Alternative Credit investment (or fractional portions thereof) originated through the platform (“Pass-Through Notes”); purchasing asset-backed securities representing ownership in a pool of Alternative Credit; (the foregoing listed investments are collectively referred to herein as the “Alternative Credit Instruments”).

 

The Alternative Credit in which the Fund typically invests are newly issued and/or current as to interest and principal payments at the time of investment. Unless the context suggests otherwise, all references to loans generally refer to Alternative Credit. Alternative Credit Instruments are generally not rated by the nationally recognized statistical rating organizations (“NRSROs”). The Alternative Credit Instruments in which the Fund may invest may have varying degrees of credit risk. There can be no assurance that payments due on underlying Alternative Credit investments will be made. At any given time, the Fund’s portfolio may be substantially illiquid and subject to increased credit and default risk. If a borrower is unable to make its payments on a loan, the Fund may be greatly limited in its ability to recover any outstanding principal and interest under such loan.

 

While, under normal circumstances, the Adviser does not provide instructions to the platforms as to any individual criterion used to determine platform-specific grades prior to purchasing Alternative Credit (except as noted below), the Adviser does retain the flexibility to provide more specific instructions (e.g., term; interest rate; geographic location of borrower) if the Adviser believes that investment circumstances dictate any such further instructions. Specifically, the Adviser instructs platforms that the Fund will not purchase any Alternative Credit that are of “subprime quality” (as determined at the time of investment). Although there is no specific legal or market definition of subprime quality, it is generally understood in the industry to signify that there is a material likelihood that the loan will not be repaid in full. The Fund considers an SME loan to be of “subprime quality” if the likelihood of repayment on such loan is determined by the Adviser based on its due diligence and the credit underwriting policies of the originating platform to be similar to that of consumer loans that are of subprime quality. In determining whether an SME loan is of subprime quality, the Adviser generally looks to a number of borrower-specific factors, which will include the payment history of the borrower and, as available, financial statements, tax returns and sales data. The Adviser will not invest the Fund’s assets in loans originated by platforms for which the Adviser cannot evaluate to its satisfaction the completeness and accuracy of the individual Alternative Credit investment data provided by such platform relevant to determining the existence and valuation of such Alternative Credit investment and utilized in the accounting of the loans (i.e., in order to select a platform, the Adviser must assess that it believes all relevant loan data for all loans purchased from the platform is included and correct).

 

 

Annual Report | June 30, 2024 67

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

“Managed Assets” means the total assets of the Fund, including assets attributable to leverage, minus liabilities (other than debt representing leverage and any preferred stock that may be outstanding).

 

In addition to the foregoing principal investment strategies of the Fund, the Adviser also may allocate the Fund’s Managed Assets among cash and short-term investments. There are no limits on the Fund’s portfolio turnover, and the Fund may buy and sell securities to take advantage of potential short-term trading opportunities without regard to length of time and when the Adviser or Subadviser believes investment considerations warrant such action.

 

Unless otherwise specified, the investment policies and limitations of the Fund are not considered to be fundamental by the Fund and can be changed without a vote of the common shareholders. The Fund’s investment objective and certain investment restrictions specifically identified as such in the Fund’s Statement of Additional Information are considered fundamental and may not be changed without the approval of the holders of a majority of the outstanding voting securities of the Fund, as defined in the 1940 Act, which includes common shares and Preferred Shares, if any, voting together as a single class, and the holders of the outstanding Preferred Shares, if any, voting as a single class.

 

Use of Leverage

 

This section has been updated since the prior disclosure date to reflect certain non-material disclosure updates and to add disclosure regarding the BNP Facility (as defined below).

 

The Fund may borrow money and/or issue Preferred Shares, notes or debt securities for investment purposes. These practices are known as leveraging. The Adviser determines whether or not to engage in leverage based on its assessment of conditions in the debt and credit markets. On August 1, 2023, the Fund entered into a credit agreement with BNP Paribas (“BNP Facility”). The BNP Facility permits the Fund to borrow funds that are collateralized by assets held at BNP Paribas pursuant to the BNP Facility. Under the terms of the BNP Facility, the Fund may borrow up to $25,000,000 bearing an interest rate of the Overnight Bank Funding Rate plus a fixed rate determined by the securities pledged as collateral. Any unused portion of the BNP Facility is subject to a commitment fee of 0.50% of the unused portion of the facility until a utilization of 80% or greater is met. The BNP Facility was not utilized during the year ended June 30, 2024.

 

 

68 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

As of June 30, 2024, the Fund had outstanding 2,400,000 shares of Series A Preferred Stock, and 2,400,000 shares of Series B Preferred Stock. As of the same date, the average liquidation preference of the Series A Preferred stock, and Series B Preferred stock was $60,000,000. The Series A Preferred Stock and Series B Preferred Stock rank senior in right of payment to the Common. The Fund’s issuance of preferred shares is not treated as leverage for financial reporting purposes.

 

Issuance of common shares will enable the Fund to increase the aggregate amount of its leverage. The Fund may achieve such increase in leverage through additional borrowings and/or the issuance of Preferred Shares and/or debt securities. However, there is no assurance that the Fund will increase the amount of its leverage or utilize leverage in addition to the credit facility or that, if additional leverage is utilized, it will be successful in enhancing the level of the Fund’s current distributions. It is possible that the Fund will be unable to obtain additional leverage. If the Fund is unable to increase its leverage after the issuance of additional common shares, there could be an adverse impact on the return to common shareholders. In addition, to the extent additional leverage is utilized, the Fund may consequently be subject to certain financial covenants and restrictions that are not currently imposed on the Fund. The Fund’s common shares are likely to be junior in liquidation and distribution rights to amounts owed pursuant to any additional leverage instruments that may be utilized by the Fund in the future.

 

The Fund may be subject to certain restrictions on investments imposed by lenders or by one or more rating agencies that may issue ratings for any senior securities issued by the Fund. Borrowing covenants or rating agency guidelines may impose asset coverage or Fund composition requirements that are more stringent than those imposed on the Fund by the 1940 Act.

 

The Fund also invests in reverse repurchase agreements, total return swaps and derivatives or other transactions with leverage embedded in them in a limited manner or subject to a limit on leverage risk calculated based on value-at-risk, as required by Rule 18f-4 under the 1940 Act. These additional transactions will not cause the Fund to pay higher advisory or administration fee rates than it would pay in the absence of such transactions. However, these transactions entail additional expenses (e.g., transaction costs) which are borne by the Fund.

 

The use of leverage by the Fund can magnify the effect of any losses. If the income and gains earned on the securities and investments purchased with leverage proceeds are greater than the cost of the leverage, returns will be greater than if leverage had not been used. Conversely, if the income and gains from the securities and investments purchased with such proceeds do not cover the cost of leverage, returns will be less than if leverage had not been used. The use of leverage magnifies gains and losses to common shareholders. Since the holders of common stock pay all expenses related to the issuance of debt or use of leverage, any use of leverage would create a greater risk of loss for the common shares than if leverage is not used. There can be no assurance that a leveraging strategy will be successful during any period in which it is employed.

 

 

Annual Report | June 30, 2024 69

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Under the 1940 Act, the Fund is not permitted to incur indebtedness unless immediately after doing so the Fund has an asset coverage of at least 300% of the aggregate outstanding principal balance of indebtedness (i.e., such indebtedness may not exceed 33 1/3% of the value of the Fund’s total assets including the amount borrowed). Additionally, under the 1940 Act, the Fund may not declare any dividend or other distribution upon any class of its shares, or purchase any such shares, unless the aggregate indebtedness of the Fund has, at the time of the declaration of any such dividend or distribution or at the time of any such purchase, asset coverage of at least 300% after deducting the amount of such dividend, distribution, or purchase price, as the case may be. Under the 1940 Act, the Fund is not permitted to issue Preferred Shares unless immediately after such issuance the total asset value of the Fund’s portfolio is at least 200% of the liquidation value of the outstanding Preferred Shares (i.e., such liquidation value may not exceed 50% of the Fund’s Managed Assets). In addition, the Fund is not permitted to declare any cash dividend or other distribution on its common shares unless, at the time of such declaration, the NAV of the Fund’s portfolio (determined after deducting the amount of such dividend or other distribution) is at least 200% of such liquidation value of the Preferred Shares. If Preferred Shares are issued, the Fund intends, to the extent possible, to purchase or redeem shares, from time to time, to maintain coverage of any Preferred Shares of at least 200%. Normally, common shareholders will elect the directors of the Fund except that the holders of any Preferred Shares will elect two directors. In the event the Fund failed to pay dividends on its Preferred Shares for two years, holders of Preferred Shares would be entitled to elect a majority of the directors until the dividends are paid.

 

Due to the Fund’s issuance of Series A and Series B Preferred Stock, for tax purposes, the Fund is required to allocate net capital gain and other taxable income, if any, between the Common Shares and shares of the Series A and Series B Preferred Stock in proportion to the total dividends paid to each class for the year in which the net capital gain or other taxable income was realized.

 

Effects of Leverage. Assuming the utilization of leverage through a combination of borrowings under the issuance of Preferred Shares by the Fund in the aggregate amount of approximately 35.73% of the Fund’s Managed Assets as of June 30, 2024, at a weighted average interest rate or payment rate of 4.56% payable on such leverage, the annual return that the Fund’s portfolio (net of expenses) in order to cover its leverage costs would be 1.63%. Of course, these numbers are merely estimates for illustration. Actual interest or payment rates on the leverage utilized by the Fund will vary frequently and may be significantly higher or lower than the rate estimated above.

 

 

70 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

The following table is furnished in response to requirements of the SEC. It is designed to illustrate the effect of leverage on total return on Common Shares, assuming investment portfolio total returns (comprised of income, net expenses and changes in the value of investments held in the Fund’s portfolio) of -10%, -5%, 0%, 5% and 10%. The table below reflects the Fund's continued use of Preferred Shares as of June 30, 2024 as a percentage of total Managed Assets (including assets attributable to such leverage), and the annual return that the Fund's portfolio must experience (net of expenses) in order to cover such costs. These assumed investment portfolio returns are hypothetical figures and are not necessarily indicative of what the Fund’s investment portfolio returns will be. In other words, the Fund’s actual returns may be greater or less than those appearing in the table below. The table further reflects the use of leverage representing approximately 35.73% of the Fund’s Managed Assets and estimated leverage costs of 4.56%.

 

Assumed Portfolio Return -10.00% -5.00% 0.00% 5.00% 10.00%
Common Share Total Return -18.10% -10.32% -2.54% 5.24% 13.02%

 

Total return is composed of two elements-the dividends on Common Shares paid by the Fund (the amount of which is largely determined by the Fund’s net investment income after paying the cost of leverage) and realized and unrealized gains or losses on the value of the securities the Fund owns. As the table shows, leverage generally increases the return to Common Shareholders when portfolio return is positive or greater than the costs of leverage and decreases return when the portfolio return is negative or less than the costs of leverage.

 

During the time in which the Fund is using leverage, the amount of the fees paid to the Adviser (and from the Adviser to the Subadviser) for investment management services (and subadvisory services) is higher than if the Fund did not use leverage because the fees paid are calculated based on the Fund’s Managed Assets. This may create a conflict of interest between the Adviser and the Subadviser, on the one hand, and common shareholders, on the other. Also, because the leverage costs are borne by the Fund at a specified interest rate, only the Fund’s common shareholders bear the cost of the Fund’s management fees and other expenses. There can be no assurance that a leveraging strategy will be successful during any period in which it is employed.

 

Market and Net Asset Value Information

 

The Fund’s Common Shares are listed on the NYSE under the symbol “OPP.” The Fund’s Common Shares commenced trading on the NYSE in September 2016.

 

The Fund’s Common Shares have traded both at a premium and a discount to NAV. The Fund cannot predict whether the Common Shares will trade in the future at a premium or discount to NAV. The provisions of the 1940 Act generally require that the public offering price of Common Shares (less any underwriting commissions and discounts) must equal or exceed the NAV per share of a company’s common stock (calculated within 48 hours of pricing). The Fund’s issuance of Common Shares may have an adverse effect on prices in the secondary market for the Fund’s Common Shares by increasing the number of Common Shares available, which may put downward pressure on the market price for the Fund’s Common Shares. Shares of common stock of closed-end investment companies frequently trade at a discount from NAV.

 

 

Annual Report | June 30, 2024 71

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

The Fund may (but is not obligated to) take action to repurchase shares in the open market or make tender offers for its shares at or near NAV. During the pendency of any tender offer, the Fund will publish how Common Shareholders may readily ascertain the NAV. Repurchase of the Common Shares may have the effect of reducing any market discount to NAV. There is no assurance that, if action is undertaken to repurchase or tender for shares, such action will result in the shares trading at a price which approximates their NAV.

 

The following table shows, for each fiscal quarter since the quarter ended June 30, 2021: (i) high and low NAVs per Common Share, (ii) the high and low sale prices per Common Share, as reported as of the close of trading on the NYSE in the consolidated transaction reporting system, and (iii) the percentage by which the Common Shares traded at a premium over, or discount from, the high and low NAVs per Common Share (using the closing market price of each trading date compared to that day’s NAV per Common Share). The Fund’s NAV per Common Share is determined on a daily basis.

 

  MARKET PRICE(1) NET ASSET VALUE(2) PREMIUM/(DISCOUNT)
TO NET ASSET VALUE(3)
Quarter Ended High Low High Low High Low
June 30, 2021 $15.95 $14.86 $15.40 $15.22 3.57% -2.37%
September 30, 2021 $16.32 $14.55 $15.24 $14.85 7.09% -2.02%
December 31, 2021 $15.58 $14.04 $14.77 $14.19 5.48% -1.06%
March 31, 2022 $14.77 $12.20 $14.10 $12.80 4.75% -4.69%
June 30, 2022 $12.97 $9.71 $12.90 $11.31 0.54% -14.15%
September 30, 2022 $12.01 $9.20 $11.35 $10.14 5.81% -9.27%
December 31, 2022 $9.77 $8.54 $10.27 $9.80 -4.87% -12.86%
March 31, 2023 $9.24 $8.23 $10.18 $9.80 -9.23% -16.02%
June 30, 2023 $8.58 $8.08 $9.86 $9.64 -12.98% -16.23%
September 30, 2023 $8.75 $7.80 $9.55 $9.14 -8.38% -14.66%
December 31, 2023 $8.44 $7.31 $9.51 $8.87 -11.25% -17.59%
March 31, 2024 $8.65 $8.12 $9.59 $9.45 -9.80% -14.07%
June 30, 2024 $8.77 $8.13 $9.50 $9.29 -7.68% -12.49%

 

(1)Based on high and low closing market price for the respective quarter.
(2)Based on the NAV calculated on the day of the high and low closing market prices, as applicable, as of the close of regular trading on the NYSE (normally 4:00 p.m. Eastern Time).
(3)Calculated based on the information presented.

 

The last reported sale price, NAV per share and percentage discount to NAV per share of the Common Shares as of June 30, 2024 were $8.65, $9.40 and -7.98%, respectively. As of that same date, the Fund had 22,971,194 Common Shares outstanding and net assets of the Fund were $215,849,146.

 

In recognition of the possibility that Common Shares might trade at a discount to NAV, the Board of Directors may consider one or more actions that might be taken to seek to reduce or eliminate any material discount from NAV in respect of Common Shares, which may include the repurchase of such shares in the open market or in private transactions, the making of a tender offer for such shares or the conversion of the Fund to an open-end investment company. The Board of Directors may decide not to take any of these actions in the future. In addition, there can be no assurance any of these actions, or others, if undertaken, will reduce market discount.

 

 

72 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Senior Securities Representing Indebtedness

 

This section has been added since the prior disclosure date.

 

The following table sets forth certain information regarding the Fund’s senior securities as of the end of the Fund’s prior fiscal years since the Fund’s inception and for the fiscal year ended June 30, 2024. Audited information regarding the Fund’s senior securities is included in the Financial Highlights included herein. The Fund’s senior securities during this time period are comprised of outstanding indebtedness, which constitutes a “senior security” as defined in the 1940 Act.

 

Period/Fiscal
Year Ended
  Senior Securities  Average
Amount
Outstanding
   Asset
Coverage
   Involuntary
Liquidating
Preference
per Unit
   Average
Market Value
Per Unit(4)
 
June 30, 2024  Credit Facility  $   $   $   $ 
   Series A Cumulative Preferred Stock  $60,000,000   $140(3)   $25.00   $18.25 
   Series B Cumulative Preferred Stock  $60,000,000   $140(3)   $25.00   $19.59 
June 30, 2023  Credit Facility  $   $   $   $ 
   Series A Cumulative Preferred Stock  $60,000,000   $142(3)   $25.00   $18.59 
   Series B Cumulative Preferred Stock  $60,000,000   $142(3)   $25.00   $19.64 
June 30, 2022  Credit Facility  $   $   $   $ 
   Series A Cumulative Preferred Stock  $60,000,000   $142(3)   $25.00   $22.98 
   Series B Cumulative Preferred Stock  $60,000,000   $142(3)   $25.00   $22.93 
June 30, 2021  Credit Facility  $21,000,000(1)  $14,563(2)   $   $ 
   Series A Cumulative Preferred Stock  $60,000,000   $119(3)   $25.00   $24.44 
June 30, 2020  Credit Facility  $65,500,000(1)  $4,046(2)   $   $ 
June 30, 2019  Credit Facility  $73,500,000(1)  $3,711(2)   $   $ 
June 30, 2018  Credit Facility  $73,500,000(1)  $3,811(2)   $   $ 
June 30, 2017(5)  Credit Facility  $71,500,000(1)  $4,090(2)   $   $ 

 

 

Annual Report | June 30, 2024 73

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

(1)Principal amount outstanding represents the principal amount owed by the Fund to lenders under credit facility arrangements in place at the time.
(2)The asset coverage ratio is calculated by subtracting the Fund’s total liabilities and indebtedness not represented by senior securities from the Fund’s total assets, dividing the result by the aggregate amount of the Fund’s senior securities representing indebtedness then outstanding, and then multiplying by $1,000.
(3)The asset coverage ratio for a class of senior securities representing stock is calculated as the Fund's total assets, less all liabilities and indebtedness not represented by the Fund's senior securities, divided by secured senior securities representing indebtedness plus the aggregate of the involuntary liquidation preference of secured senior securities which are stock. With respect to the Preferred Stock, the asset coverage per share is expressed in terms of dollar amounts per share of outstanding Preferred Stock (based on a liquidation preference of $25).
(4)Represents the average of the daily closing market price per share as reported on the NYSE during the respective period.
(5)For the period September 28, 2016, commencement of operations, to June 30, 2017.

 

Risk Factors

 

Investing in the Fund involves certain risks relating to its structure and investment objective. You should carefully consider these risk factors, together with all of the other information included in this report, before deciding whether to make an investment in the Fund. An investment in the Fund may not be appropriate for all investors, and an investment in the Common Shares of the Fund should not be considered a complete investment program.

 

The risks set forth below are not the only risks of the Fund, and the Fund may face other risks that have not yet been identified, which are not currently deemed material or which are not yet predictable. If any of the following risks occur, the Fund’s financial condition and results of operations could be materially adversely affected. In such case, the Fund’s NAV and the trading price of its securities could decline, and you may lose all or part of your investment.

 

Certain risk factors included below have been updated since the prior disclosure date to reflect certain non-material updates.

 

Investment-Related Risks:

 

With the exception of Underlying Fund risk (and except as otherwise noted below), the following risks apply to the direct investments the Fund may make, and generally apply to the Fund’s investments in Underlying Funds. That said, each risk described below may not apply to each Underlying Fund.

 

Investment and Market Risks. An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount invested. The value of the Fund or the Underlying Funds, like other market investments, may move up or down, sometimes rapidly and unpredictably. Overall stock market risks may also affect the NAV of the Fund or the Underlying Funds. Factors such as economic growth and market conditions, interest rate levels and political events affect the securities markets. An investment in the Fund may at any point in time be worth less than the original investment, even after taking into account any reinvestment of dividends and distributions.

 

 

74 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Management Risks. The Adviser’s and the Subadviser’s judgments about the attractiveness, value and potential appreciation of a particular asset class or individual security in which the Fund invests may prove to be incorrect and there is no guarantee that the Adviser’s or the Subadviser’s judgment, as applicable, will produce the desired results.

 

Fixed Income Securities Risks. The Fund and the Underlying Funds may invest in fixed income securities. Fixed income securities generally represent the obligation of an issuer to repay to the investor (or lender) the amount borrowed plus interest over a specified time period. Fixed income securities increase or decrease in value based on changes in interest rates. If rates increase, the value of the Fund’s or an Underlying Fund’s fixed income securities generally declines. On the other hand, if rates fall, the value of the fixed income securities generally increases. The issuer of a fixed income security may not be able to make interest and principal payments when due. This risk is increased in the case of issuers of high yield securities, also known as “junk” bonds. The Fund and the Underlying Funds may invest in fixed income securities of any credit quality, maturity or duration. Fixed income securities risks include components of the following additional risks (in addition to those described elsewhere):

 

Issuer Risk. The value of fixed income securities may decline for a number of reasons which directly relate to the issuer, such as management performance, leverage, reduced demand for the issuer’s goods and services, historical and projected earnings, and the value of its assets. Changes in an issuer’s credit ratings or the market’s perception of an issuer’s creditworthiness may also affect the value of the fund’s investment in that issuer.

 

Credit Risk. The issuer of a fixed income security may not be able to make interest and principal payments when due. Generally, the lower the credit rating of a security, the greater the risk that the issuer will default on its obligation, which could result in a loss to a fund. The Fund and the Underlying Funds in which it invests may invest in securities that are rated in the lowest investment grade category. Issuers of these securities are more vulnerable to changes in economic conditions than issuers of higher-grade securities.

 

High Yield Securities/Junk Bond Risk. The Fund and the Underlying Funds may invest in high yield securities, also known as “junk bonds.” High yield securities are not considered to be investment grade. High yield securities may provide greater income and opportunity for gain, but entail greater risk of loss of principal. High yield securities are predominantly speculative with respect to the issuer’s capacity to pay interest and repay principal in accordance with the terms of the obligation. The market for high yield securities is generally less active than the market for higher quality securities. This may limit the ability of a fund to sell high yield securities at the price at which it is being valued for purposes of calculating NAV.

 

Interest Rate Risk. The Fund’s or an Underlying Fund’s share price and total return will vary in response to changes in interest rates. If rates increase, the value of the Fund’s or an Underlying Fund’s investments generally will decline. Securities with longer maturities tend to produce higher yields, but are more sensitive to changes in interest rates and are subject to greater fluctuations in value. A rise in interest rates may negatively impact the Fund’s or the Underlying Fund’s future income relating to leverage, as the Fund will be required to earn more income on its investments to recoup any increased costs of leverage.

 

 

Annual Report | June 30, 2024 75

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Interest rates in the United States and many other countries have risen in recent periods and may rise in the future. Because longer-term inflationary pressure may result from the U.S. government’s fiscal policies, an Underlying Fund may experience rising interest rates, rather than falling rates, over its investment horizon. To the extent an Underlying Fund borrows money to finance its investments, the Underlying Fund’s performance will depend, in part, upon the difference between the rate at which it borrows funds and the rate at which it invests those funds. In periods of rising interest rates, the Underlying Fund’s cost of funds could increase. Adverse developments resulting from changes in interest rates could have a material adverse effect on the Underlying Fund’s financial condition and results.

 

In addition, a decline in the prices of the debt an Underlying Fund owns could adversely affect the Underlying Fund’s NAV. Changes in market interest rates could also affect the ability of operating companies in which the Underlying Fund invests to service debt, which could materially impact the Underlying Fund.

 

LIBOR Risk. Certain London Interbank Offered Rates (“LIBORs”) were generally phased out by end of 2021, and some regulated entities have ceased to enter into new LIBOR-based contracts beginning January 1, 2022. The 1-, 3- and 6-month U.S. dollar LIBOR settings will continue to be published using a synthetic methodology until September 2024. Neither the effect of the LIBOR transition process nor its ultimate success can yet be known. Although the transition away from LIBOR has become increasingly well-defined, any potential effects of the transition away from LIBOR and other benchmark rates on financial markets, a fund or the financial instruments in which a fund invests can be difficult to ascertain. Not all existing LIBOR-based instruments may have alternative rate-setting provisions and there remains uncertainty regarding the willingness and ability of issuers to add alternative rate-setting provisions in certain existing instruments. Global regulators have advised market participants to cease entering into new contracts using LIBOR as a reference rate, and it is possible that investments in LIBOR-based instruments could invite regulatory scrutiny. In addition, a liquid market for newly-issued instruments that use a reference rate other than LIBOR still may be developing. All of the aforementioned may adversely affect the Fund’s or an Underlying Fund’s performance or NAV.

 

SOFR Risk. SOFR is intended to be a broad measure of the cost of borrowing funds overnight in transactions that are collateralized by U.S. Treasury securities. SOFR is calculated based on transaction-level repo data collected from various sources. For each trading day, SOFR is calculated as a volume-weighted median rate derived from such data. SOFR is calculated and published by the Federal Reserve Bank of New York (“FRBNY”). If data from a given source required by the FRBNY to calculate SOFR is unavailable for any day, then the most recently available data for that segment will be used, with certain adjustments. If errors are discovered in the transaction data or the calculations underlying SOFR after its initial publication on a given day, SOFR may be republished at a later time that day. Rate revisions will be effected only on the day of initial publication and will be republished only if the change in the rate exceeds one basis point.

 

 

76 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Because SOFR is a financing rate based on overnight secured funding transactions, it differs fundamentally from LIBOR. LIBOR was intended to be an unsecured rate that represents interbank funding costs for different short-term maturities or tenors. It was a forward-looking rate reflecting expectations regarding interest rates for the applicable tenor. Thus, LIBOR was intended to be sensitive, in certain respects, to bank credit risk and to term interest rate risk. In contrast, SOFR is a secured overnight rate reflecting the credit of U.S. Treasury securities as collateral. Thus, it is largely insensitive to credit-risk considerations and to short-term interest rate risks. SOFR is a transaction-based rate, and it has been more volatile than other benchmark or market rates, such as three-month LIBOR, during certain periods. For these reasons, among others, there is no assurance that SOFR, or rates derived from SOFR, will perform in the same or similar way as LIBOR would have performed at any time, and there is no assurance that SOFR-based rates will be a suitable substitute for LIBOR. SOFR has a limited history, having been first published in April 2018. The future performance of SOFR, and SOFR-based reference rates, cannot be predicted based on SOFR’s history or otherwise. Levels of SOFR in the future, including following the discontinuation of LIBOR, may bear little or no relation to historical levels of SOFR, LIBOR or other rates.

 

Mortgage-Backed Securities Risks. Mortgage-backed securities represent participation interests in pools of residential mortgage loans purchased from individual lenders by a federal agency or originated and issued by private lenders. The Fund invests in mortgage-backed securities and is subject to the following risks:

 

Credit and Market Risks of Mortgage-Backed Securities. The mortgage loans or the guarantees underlying mortgage-backed securities may default or otherwise fail leading to non-payment of interest and principal.

 

Prepayment and Extension Risk of Mortgage-Backed Securities: In times of declining interest rates, the Fund’s higher yielding securities may be prepaid and the Fund will have to replace them with securities having a lower yield. Extension risk is the possibility that rising interest rates may cause prepayments to occur at a slower than expected rate. This particular risk may effectively change a security which was considered short or intermediate-term into a long-term security. Long-term securities generally fluctuate more widely in response to changes in interest rates than short or intermediate-term securities. If a mortgage-backed security held by a Fund is called for redemption, the Fund will be required to permit the issuer to redeem or “pay-off” the security, which could have an adverse effect on the Fund’s ability to achieve its investment objective.

 

Illiquidity Risk of Mortgage-Backed Securities and Mortgage Markets. The liquidity of mortgage-backed securities varies by type of security; at certain times the Fund may encounter difficulty in disposing of such investments. Because mortgage-backed securities may be less liquid than other securities, the Fund may be more susceptible to liquidity risks than funds that invest in other securities. In the past, in stressed markets, certain types of mortgage-backed securities suffered periods of illiquidity if disfavored by the market. The mortgage markets are facing additional economic pressures such as the devaluation of the underlying collateral, increased loan underwriting standards which limits the number of real estate purchasers, and excess supply of properties in certain geographic regions, which puts additional downward pressure on the value of real estate in these regions.

 

 

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RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Commercial Mortgage-Backed Securities. Many of the risks of investing in commercial mortgage-backed securities reflect the risks of investing in the real estate securing the underlying mortgage loans. These risks reflect the effects of local and other economic conditions on real estate markets, the ability of tenants to make loan payments and the ability of a property to attract and retain tenants. Commercial mortgage-backed securities may be less liquid and exhibit greater price volatility than other types of mortgage-backed securities.

 

Collateralized Mortgage Obligations. There are certain risks associated specifically with collateralized mortgage obligations (“CMOs”). CMOs are debt obligations collateralized by mortgage loans or mortgage pass-through securities, which utilize estimates of future economic conditions. These estimates may vary from actual future results, particularly during periods of extreme market volatility. CMOs issued by private entities are not guaranteed by any government agency; if the collateral securing the CMO, as well as any third party credit support or guarantees, is insufficient to make payment, the holder could sustain a loss.

 

Residual and Equity Tranches. Investments in lower tranches of a mortgage-related security are especially sensitive to the rate of defaults in the collateral pool. The Fund’s exposure to lower tranches of non-agency mortgage-backed securities may be greater than those set out in the Fund’s investment limits as a result of any investments in such securities by the Underlying Funds in which the Fund invests.

 

Adjustable Rate Mortgages. Adjustable rate mortgages (“ARMs”) contain maximum and minimum rates beyond which the mortgage interest rate may not vary over the lifetime of the security. In addition, many ARMs provide for additional limitations on the maximum amount by which the mortgage interest rate may adjust for any single adjustment period. In the event that a monthly payment is not sufficient to pay the interest accruing on an ARM, any excess interest is added to the principal balance of the mortgage loan, which is repaid through future monthly payments. In addition, certain ARMs may provide for an initial fixed, below-market or “teaser” interest rate. During this initial fixed-rate period, the payment due from the related mortgagor may be less than that of a traditional loan. However, after the “teaser” rate expires, the monthly payment required to be made by the mortgagor may increase dramatically when the interest rate on the mortgage loan adjusts. This increased burden on the mortgagor may increase the risk of delinquency or default on the mortgage loan and in turn, losses on the mortgage-backed securities.

 

Interest and Principal Only Securities Risk. The Fund may invest in “stripped mortgage-backed securities,” which pay to one class all of the interest from the mortgage assets (the interest-only, or “IO” class), while the other class will receive all of the principal (the principal-only, or “PO” class). If the assets underlying the IO class experience greater than anticipated prepayments of principal, the Fund may fail to recoup fully, or at all, its initial investment in these securities. Conversely, PO class securities tend to decline in value if prepayments are slower than anticipated.

 

 

78 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Mortgage Market/Sub-Prime Risk. The residential mortgage market in the United States has experienced difficulties that, when present, may adversely affect the performance and market value of certain of the Fund’s mortgage-related investments. Delinquencies and losses on residential mortgage loans (especially subprime loans, which refer to loans made to borrowers with weakened credit histories or with a lower capacity to make timely payments on their loans, and second-lien mortgage loans), and a decline in or flattening of housing values (as has been experienced in many housing markets) may exacerbate such delinquencies and losses. Borrowers with adjustable rate mortgage loans are more sensitive to changes in interest rates, which affect their monthly mortgage payments, and may be unable to secure replacement mortgages at comparably low interest rates. During periods of market difficulties reduced investor demand and increased investor yield requirements have at times caused limited liquidity in the secondary market for mortgage-related securities, reducing the value of such securities.

 

Corporate Debt Securities Risk. The Fund and Underlying Funds may invest in corporate debt securities. Corporate debt securities are fixed income securities issued by businesses. Notes, bonds, debentures, and commercial paper are the most prevalent types of corporate debt securities. The credit risks of corporate debt securities vary widely among issuers. In addition, the credit risk of an issuer's debt security may vary based on its priority for repayment, meaning that issuers might not make payments on subordinated securities while continuing to make payments on senior securities or, in the event of bankruptcy, holders of senior securities may receive amounts otherwise payable to the holders of subordinated securities.

 

Credit and Below Investment Grade Securities Risks. Credit risk is the risk that an issuer of a security may be unable or unwilling to make dividend, interest and principal payments when due and the related risk that the value of a security may decline because of concerns about the issuer’s ability or willingness to make such payments. Credit risk may be heightened for the Fund because it and the Underlying Funds may invest in below investment grade securities (“junk” and “high yield” securities). Securities of below investment grade quality are regarded as having speculative characteristics with respect to the issuer’s capacity to pay interest and repay principal, and may be subject to higher price volatility and default risk than investment grade securities of comparable terms and duration. Issuers of lower grade securities may be highly leveraged and may not have available to them more traditional methods of financing. The prices of these lower grade securities are typically more sensitive to negative developments, such as a decline in the issuer’s revenues or a general economic downturn. The secondary market for lower rated securities may not be as liquid as the secondary market for more highly rated securities, a factor which may have an adverse effect on the Fund’s ability to dispose of a particular security.

 

Tactical Municipal Closed-End Fund Strategy Risk. The Fund invests in CEFs as a principal part of the Tactical Municipal Closed-End Fund Strategy. The Fund may invest in shares of CEFs that are trading at a discount to NAV or at a premium to NAV. There can be no assurance that the market discount on shares of any CEF purchased by the Fund will ever decrease.

 

 

Annual Report | June 30, 2024 79

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

In fact, it is possible that this market discount may increase and the Fund may suffer realized or unrealized capital losses due to further decline in the market price of the securities of such CEFs, thereby adversely affecting the NAV of the Fund’s Common Shares. Similarly, there can be no assurance that any shares of a CEF purchased by the Fund at a premium will continue to trade at a premium or that the premium will not decrease subsequent to a purchase of such shares by the Fund.

 

The Fund may invest in BDCs as a principal part of the Tactical Closed-End Fund Strategy. BDCs generally invest in less mature U.S. private companies or thinly traded U.S. public companies which involve greater risk than well-established publicly traded companies. While BDCs are expected to generate income in the form of dividends, certain BDCs during certain periods of time may not generate such income. A BDC may make investments with a larger amount of risk of volatility and loss of principal than other investment options and may also be highly speculative and aggressive.

 

Underlying Fund Risks. The expenses of the Fund will generally be higher than the direct expenses of other fund shares because the Fund indirectly bears fees and expenses charged by the Underlying Funds in which it invests, and the Fund may also incur brokerage costs when it purchases shares of Underlying Funds. Additionally, the risks associated with investing in the Fund are closely related to the risks associated with the securities and other investments held by the Underlying Funds. The ability of the Fund to achieve its investment objective will depend upon the ability of the Underlying Funds to achieve their investment objectives. There can be no assurance that the investment objective of any Underlying Fund will be achieved.

 

The Fund’s NAV will fluctuate in response to changes in the NAVs of the Underlying Funds in which it invests and will be particularly sensitive to the risks associated with each of the Underlying Funds. Shareholders will bear additional layers of fees and expenses with respect to the Fund’s investments in Underlying Funds because each of the Fund and the Underlying Fund will charge fees and incur separate expenses, which may be magnified if the Underlying Funds use leverage.

 

The Fund’s investments in Underlying Funds may be restricted by certain provisions of the 1940 Act. Under Section 12(d)(1)(A) of the 1940 Act, the Fund may hold securities of an Underlying Fund in amounts which (i) do not exceed 3% of the total outstanding voting stock of the Underlying Fund, (ii) do not exceed 5% of the value of the Fund’s total assets and (iii) when added to all other Underlying Fund securities held by the Fund, do not exceed 10% of the value of the Fund’s total assets. Under Section 12(d)(1)(C) of the 1940 Act, the Fund, together with any other investment companies for which the Adviser acts as an investment adviser, may not, in the aggregate, own more than 10% of the total outstanding voting stock of a registered closed-end investment company. Section 12(d)(1)(F) of the 1940 Act provides that the limitations of Section 12(d)(1) described above shall not apply to securities purchased or otherwise acquired by the Fund if (i) immediately after such purchase or acquisition not more than 3% of the total outstanding stock of such Underlying Fund is owned by the Fund and all affiliated persons of the Fund, and (ii) certain requirements are met with respect to sales charges. In addition, Rule 12d1-4 under the 1940 Act (“Rule 12d1-4”), effective as of January 19, 2022, permits the Fund to invest in Underlying Funds beyond the limitations of Section 12(d)(1) described above, subject to various conditions, including that the Fund enter into an investment agreement with the Underlying Fund (which agreements may impose additional conditions on the Fund). In matters upon which the Fund is solicited to vote as a shareholder of an Underlying Fund, the Adviser may be required to vote Underlying Fund shares in the same proportion as shares held by other shareholders of the Underlying Fund.

 

 

80 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

SPAC Risks. SPACs are collective investment structures that pool funds in order to seek potential acquisition opportunities. Unless and until an acquisition is completed, a SPAC generally invests its assets (less an amount to cover expenses) in U.S. government securities, money market fund securities and cash. SPACs and similar entities may be blank check companies with no operating history or ongoing business other than to seek a potential acquisition. Accordingly, the value of their securities is particularly dependent on the ability of the entity’s management to identify and complete a profitable acquisition. Certain SPACs may seek acquisitions only in limited industries or regions, which may increase the volatility of their prices. If an acquisition that meets the requirements for the SPAC is not completed within a predetermined period of time, the invested funds are returned to the entity’s shareholders. Investments in SPACs may be illiquid and/or be subject to restrictions on resale. To the extent the SPAC is invested in cash or similar securities, this may impact a Fund’s ability to meet its investment objective.

 

The officers and directors of a SPAC may operate multiple SPACs and could have conflicts of interest in determining to which SPAC a particular business opportunity should be presented. In such circumstances, there can be no assurance that a given business opportunity would be presented to the SPAC in which the Fund holds an investment.

 

Private Debt Risk. In addition to the general risks of all debt, private debt often may be illiquid and is typically not listed on an exchange and traded less actively than similar securities issued by public funds. For certain private debt, trading may only be possible through the assistance of the broker who originally brought the security to the market and has a relationship with the issuer. Due to the limited trading market, valuation of such debt might be more difficult.

 

Defaulted and Distressed Securities Risks. The Fund and the Underlying Funds may invest in defaulted and distressed securities. Defaulted or distressed issuers may be insolvent, in bankruptcy or undergoing some other form of financial restructuring. In the event of a default, the Fund or an Underlying Fund may incur additional expenses to seek recovery. The repayment of defaulted bonds is subject to significant uncertainties, may be delayed, or there may be partial or no recovery of repayment. There is often a time lag between when the Fund and an Underlying Fund makes an investment and when the Fund and the Underlying Fund realizes the value of the investment.

 

Loan Risk. The Fund or an Underlying Fund’s investment in loans includes the risk that (i) if a fund holds a loan through another financial intermediary, or relies on a financial intermediary to administer the loan, its receipt of principal and interest on the loan may be subject to the credit risk of that financial intermediary; (ii) it is possible that any collateral securing a loan may be insufficient or unavailable to the fund, because, for example, the value of the collateral securing a loan can decline, be insufficient to meet the obligations of the borrower, or be difficult to liquidate, and that the fund’s rights to collateral may be limited by bankruptcy or insolvency laws; (iii) investments in highly leveraged loans or loans of stressed, distressed, or defaulted issuers may be subject to significant credit and liquidity risk; (iv) a bankruptcy or other court proceeding could delay or limit the ability of the fund to collect the principal and interest payments on that borrower’s loans or adversely affect the fund’s rights in collateral relating to a loan; (v) there may be limited public information available regarding the loan; (vi) the use of a particular interest rate benchmark, such as LIBOR, may limit the fund’s ability to achieve a net return to shareholders that consistently approximates the average published Prime Rate of U.S. banks; (vii) the prices of certain floating rate loans that include a feature that prevents their interest rates from adjusting if market interest rates are below a specified minimum level may be more sensitive to changes in interest rates should interest rates rise but remain below the applicable minimum level; (viii) if a borrower fails to comply with various restrictive covenants that are typically in loan agreements, the borrower may default in payment of the loan; (ix) the fund’s investments in loans may be subject to increased liquidity and valuation risks, risks associated with collateral impairment or access, and risks associated with investing in unsecured loans; (x) opportunities to invest in loans or certain types of loans, such as senior loans, may be limited; (xi) transactions in loans may settle on a delayed basis, and the fund may not receive the proceeds from the sale of a loan for a substantial period of time after the sale, which may result in sale proceeds related to the sale of loans not being available to make additional investments or to meet a fund’s redemption obligations until potentially a substantial period after the sale of the loans; and (xii) loans may be difficult to value and may be illiquid, which may adversely affect an investment in the Fund.

 

 

Annual Report | June 30, 2024 81

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Asset-Backed Securities Risk. An investment in asset-backed securities involves the risk that borrowers may default on the obligations that underlie the asset-backed security and that, during periods of falling interest rates, asset-backed securities may be called or prepaid, which may result in the Fund having to reinvest proceeds in other investments at a lower interest rate, and the risk that the impairment of the value of the collateral underlying a security in which the Fund invests (due, for example, to non-payment of loans) will result in a reduction in the value of the security.

 

Certain asset-backed securities do not have the benefit of the same security interest in the related collateral as do mortgage-backed securities; nor are they provided government guarantees of repayment. Credit card receivables are generally unsecured, and the debtors are entitled to the protection of a number of state and federal consumer credit laws, many of which give such debtors the right to set off certain amounts owed on the credit cards, thereby reducing the balance due. In addition, some issuers of automobile receivables permit the servicers to retain possession of the underlying obligations. If the servicer were to sell these obligations to another party, there is a risk that the purchaser would acquire an interest superior to that of the holders of the related automobile receivables. The impairment of the value of assets (tangible or intangible) underlying an asset-backed security, such as a result of non-payment of loans or non-performance of other collateral or underlying assets, may result in a reduction in the value of such asset-backed securities and losses to the Fund.

 

Illiquid Securities Risks. The Fund and the Underlying Funds may invest in illiquid securities. It may not be possible to sell or otherwise dispose of illiquid securities both at the price and within the time period deemed desirable by a fund. Illiquid securities also may be difficult to value or be more volatile investments.

 

Micro-, Small- and Medium-Sized Company Risks. The Fund, and the Underlying Funds in which it invests, may invest in securities without regard to market capitalization. Investments in securities of micro-, small- and medium-sized companies may be subject to more abrupt or erratic market movements than larger, more established companies. These companies also often trade in lower volumes, have narrower markets for their goods and/or services and more limited managerial and financial resources than larger, more established companies. Since these stocks are often less well known, there will normally be less publicly available information concerning these securities compared to what is available for the securities of larger companies. Micro-, small- and medium-sized companies’ performance can be more volatile and the companies face greater risk of business failure, which could increase the volatility of the Fund’s portfolio. The risks are intensified for investments in micro-cap companies.

 

 

82 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Collateralized Debt Obligations Risk. The risks of an investment in a collateralized debt obligation (“CDO”) depend largely on the quality and type of the collateral and the tranche of the CDO in which the Fund invests. Normally, collateralized bond obligations (“CBOs”), collateralized loan obligations and other CDOs are privately offered and may be characterized by the Fund as illiquid securities; however, an active dealer market, or other relevant measures of liquidity, may exist for CDOs allowing a CDO potentially to be deemed liquid by the Adviser or Subadviser under liquidity policies approved by the Board. In addition to the risks associated with debt instruments (e.g., interest rate risk and credit risk), CDOs carry additional risks including, but not limited to: (i) the possibility that distributions from collateral will not be adequate to make interest or other payments; (ii) the quality of the collateral may decline in value or default; (iii) the possibility that the Fund may invest in CDOs that are subordinate to other classes; and (iv) the complex structure of the security may not be fully understood at the time of investment and may produce disputes with the issuer or unexpected investment results.

 

REIT Risks. Investing in REITs involves certain unique risks in addition to those risks associated with investing in the real estate industry in general. The value of equity REITs may be affected by changes in the value of the underlying property owned by the REITs, while the value of mortgage REITs may be affected by the quality of any credit extended. REITs are dependent upon management skills, are not diversified, and are subject to heavy cash flow dependency, default by borrowers and self-liquidation. REITs also are subject to the possibilities of failing to qualify for tax free pass-through of income under the Internal Revenue Code of 1986, as amended (the “Code”), and failing to maintain their exemption from registration under the 1940 Act. Investment in REITs involves risks similar to those associated with investing in small capitalization companies, and REITs (especially mortgage REITs) are subject to interest rate risks. By investing in REITs directly or indirectly through the Underlying Funds, the Fund indirectly bears its proportionate share of the expenses of the REITs, which are not included in the Fund’s expense table as acquired fund fees and expenses.

 

Equity Securities Risk. Underlying Funds may invest in equity securities, which are subject to general movements in the stock market, and a significant drop in the stock market may depress the price of securities to which the Underlying Funds have exposure. Equity securities typically have greater price volatility than fixed-income securities. The market price of equity securities owned by Underlying Funds may go down, sometimes rapidly or unpredictably. Equity securities may decline in value due to factors affecting equity securities markets generally, particular industries represented by those markets, or factors directly related to a specific company, such as decisions made by its management.

 

Preferred Stock Risk. Preferred stock is subject to many of the risks associated with debt securities, including interest rate risk. In addition, preferred stocks may not pay dividends, an issuer may suspend payment of dividends on U.S. preferred stock at any time, and in certain situations an issuer may call or redeem its preferred stock or convert it to common stock. Declining common stock values may also cause the value of the Fund’s investments in preferred stocks to decline.

 

 

Annual Report | June 30, 2024 83

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Warrants Risks. The Fund and the Underlying Funds may invest in warrants. Warrants do not carry with them the right to dividends or voting rights with respect to the securities that they entitle their holder to purchase and they do not represent any rights in the assets of the issuer. As a result, warrants may be considered to have more speculative characteristics than certain other types of investments. In addition, the value of a warrant does not necessarily change with the value of the underlying securities and a warrant ceases to have value if it is not exercised prior to its expiration date.

 

Derivatives Risks. The Fund and the Underlying Funds may enter into derivatives which have risks different from those associated with the Fund’s other investments. Generally, a derivative is a financial contract, the value of which depends upon, or is derived from, the value of an underlying asset, reference rate, or index, and may relate to individual debt or equity instruments, interest rates, currencies or currency exchange rates, commodities, related indexes, and other assets.

 

Derivatives may entail investment exposures that are greater than their cost would suggest, meaning that a small investment in a derivative could have a large potential impact on the performance of the Fund or an Underlying Fund. The Fund or an Underlying Fund could experience a loss if derivatives do not perform as anticipated, if they are not correlated with the performance of other investments which they are used to hedge or if the fund is unable to liquidate a position because of an illiquid secondary market. Except with respect to the Fund’s investments in total return swaps, the Fund expects its use of derivative instruments will be for hedging purposes. When used for speculative purposes, derivatives will produce enhanced investment exposure, which will magnify gains and losses. The Fund and the Underlying Funds also will be subject to credit risk with respect to the counterparties to the derivatives contracts purchased by such fund. If a counterparty becomes bankrupt or otherwise fails to perform its obligations under a derivative contract, the Fund or an Underlying Fund may obtain only a limited recovery or may obtain no recovery in such circumstances.

 

Options and Futures Risks. Options and futures contracts may be more volatile than investments made directly in the underlying securities, involve additional costs, and may involve a small initial investment relative to the risk assumed. In addition, futures and options markets could be illiquid in some circumstances and certain over-the-counter options could have no markets. As a result, in certain markets, a fund may not be able to close out a transaction without incurring substantial losses. Although a fund’s use of futures and options transactions for hedging should tend to minimize the risk of loss due to a decline in the value of the hedged position, at the same time, it will tend to limit any potential gain to a fund that might result from an increase in value of the position.

 

Swap Risks. The Fund and the Underlying Funds may enter into various swap agreements. Swap agreements are subject to interest rate risks; credit risks; the risk that the counterparty to the swap will default on its obligation to pay the Fund and the risk that the Fund will not be able to meet its obligations to pay the counterparty to the swap. In addition, there is the risk that a swap may be terminated by the Fund or the counterparty in accordance with its terms. Each of these could cause the Fund to incur losses and fail to obtain its investment objective.

 

 

84 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Short Sale Risks. A short sale is a transaction in which a fund sells a security it does not own in anticipation that the market price of that security will decline. Positions in shorted securities are speculative and riskier than long positions (purchases) in securities because the maximum sustainable loss on a security purchased is limited to the amount paid for the security plus the transaction costs, whereas there is no maximum attainable price of the shorted security. Therefore, in theory, securities sold short have unlimited risk, will also result in higher transaction costs and may result in higher taxes.

 

Reverse Repurchase Agreements Risks. The use by the Fund of reverse repurchase agreements involves many of the same risks associated with the Fund’s use of bank borrowings since the proceeds derived from such reverse repurchase agreements may be invested in additional securities. Reverse repurchase agreements involve the risk that the market value of the securities acquired in connection with the reverse repurchase agreement may decline below the price of the securities the Fund has sold but is obligated to repurchase, and that the securities may not be returned to the Fund. Also, reverse repurchase agreements involve the risk that the market value of the securities retained in lieu of sale by the Fund in connection with the reverse repurchase agreement may decline in price.

 

Foreign Investing Risk. Investments in foreign securities may be affected by currency controls and exchange rates, different accounting, auditing, financial reporting, and legal standards and practices; expropriation, changes in tax policy, greater market volatility, differing securities market structures, higher transaction costs, and various administrative difficulties, such as delays in clearing and settling portfolio transactions or in receiving payment of dividends. These risks may be heightened in connection with investments in emerging or developing countries.

 

Currency Risk. To the extent that the Fund invests in securities denominated in, and/or receiving revenues in, foreign currencies, it will be subject to currency risk. This is the risk that those currencies will decline in value relative to the U.S. dollar, or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency hedged. In either event, the dollar value of an investment in the Fund would be adversely affected. Currencies may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention by U.S. or foreign governments, central banks or supranational agencies, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad.

 

Emerging Markets Risk. Investment in emerging market securities involves greater risk than that associated with investment in securities of issuers in developed foreign countries. These risks include volatile currency exchange rates, periods of high inflation, increased risk of default, greater social, economic and political uncertainty and instability, less governmental supervision and regulation of securities markets, weaker auditing and financial reporting standards, lack of liquidity in the markets, and the significantly smaller market capitalizations of emerging market issuers.

 

 

Annual Report | June 30, 2024 85

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Sovereign Debt Obligation Risk. Investment in sovereign debt obligations involves special risks not present in corporate debt obligations. The issuer of the sovereign debt or the governmental authorities that control the repayment of the debt may be unable or unwilling to repay principal or interest when due, and the Fund and the Underlying Funds may have limited recourse in the event of a default. During periods of economic uncertainty, the market prices of sovereign debt may be more volatile than prices of U.S. debt obligations. In the past, certain emerging markets have encountered difficulties in servicing their debt obligations, withheld payments of principal and interest, and declared moratoria on the payment of principal and interest on their sovereign debts. Sovereign debt obligations are also subject to political risks (e.g., government instability, poor socioeconomic conditions, corruption, lack of democratic accountability, internal and external conflict, poor quality of bureaucracy, and religious and ethnic tensions) and economic risks (e.g., the relative size of the governmental entity’s debt position in relation to the economy, high foreign debt as a percentage of gross domestic product or exports, high inflation or deflation, or an overvalued exchange rate) or a combination of these risks, such as the failure to put in place economic reforms required by the International Monetary Fund or other multilateral agencies.

 

U.S. Government Securities Risk. The Fund and the Underlying Funds may invest in U.S. government securities, which are obligations of, or guaranteed by, the U.S. government or its agencies, instrumentalities or government-sponsored enterprises. Some U.S. government securities are supported by the full faith and credit of the United States; others are supported by the right of the issuer to borrow from the U.S. Treasury; others are supported by the discretionary authority of the U.S. government to purchase the agency’s obligations; and still others are supported only by the credit of the instrumentality. The U.S. government’s guarantee of ultimate payment of principal and timely payment of interest on certain U.S. government securities owned by the Fund or an Underlying Fund does not imply that the Fund’s or the Underlying Fund’s shares are guaranteed or that the price of the Fund’s or the Underlying Fund’s shares will not fluctuate. In addition, securities issued by Freddie Mac, Fannie Mae and Federal Home Loan Banks are not obligations of, or insured by, the U.S. government. If a U.S. government agency or instrumentality in which the Fund or an Underlying Fund invests defaults, and the U.S. government does not stand behind the obligation, the Fund’s or an Underlying Fund’s share price or yield could fall. Securities of certain U.S. government sponsored entities are neither issued nor guaranteed by the U.S. government. All U.S. government obligations are subject to interest rate risk.

 

Municipal Securities Risk. Municipal securities are long-term fixed rate debt obligations that generally decline in value with increases in interest rates, when an issuer’s financial condition worsens or when the rating on a bond is decreased. Many municipal securities may be called or redeemed prior to their stated maturity. Lower-quality revenue bonds and other credit-sensitive municipal securities carry higher risks of default than general obligation bonds. In addition, the amount of public information available about municipal securities is generally less than that for corporate equities or bonds and municipal securities may be less liquid than such securities. Special factors, such as legislative changes and local and business developments, may adversely affect the yield and/or value of the Fund’s or Underlying Fund’s investments in municipal securities. Other factors include the general conditions of the municipal securities market, the size of the particular offering, the maturity and the rating of the issue. The ability of municipal issuers to make timely payments of interest and principal may be diminished during general economic downturns and as cost burdens are reallocated among federal, state and local governments. Issuers of municipal securities might seek protection under bankruptcy laws. In the event of bankruptcy of such an issuer, holders of municipal securities could experience delays in collecting principal and interest and such holders may not be able to collect all principal and interest to which they are entitled.

 

 

86 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Structured Notes Risk. Structured notes are subject to a number of fixed income risks including general market risk, interest rate risk, and the risk that the issuer on the note may fail to make interest and/or principal payments when due, or may default on its obligations entirely. In addition, as a result of the imbedded derivative features, structured notes generally are subject to more risk than investing in a simple note or bond issued by the same issuer. To the extent that the fixed income portion of the Fund’s portfolio includes structured notes, the Fund may be more volatile. The actual trading prices of structured notes may be significantly different from the principal amount of the notes. If the Fund sells the structured notes prior to maturity, it may suffer a loss of principal.

 

Rating Agency Risk. Ratings represent an NRSRO's opinion regarding the quality of the security and are not a guarantee of quality. NRSROs may fail to make timely credit ratings in response to subsequent events. In addition, NRSROs are subject to an inherent conflict of interest because they are often compensated by the same issuers whose securities they grade.

 

Legislation and Regulatory Risks. At any time, legislation or additional regulations may be enacted that could negatively affect the assets of the Fund, securities held by the Fund or the issuers of such securities. Fund shareholders may incur increased costs resulting from such legislation or additional regulation. There can be no assurance that future legislation, regulation or deregulation will not have a material adverse effect on the Fund or will not impair the ability of the Fund to achieve its investment objective.

 

Market Disruption, Geopolitical and Climate Change Risks. The Fund or Underlying Funds may experience increased volatility, illiquidity, or other potentially adverse effects in response to changing market conditions, inflation, changes in interest rates, lack of liquidity in the bond or equity markets, volatility in the equity markets, market disruptions caused by local or regional events such as war, acts of terrorism, the spread of infectious illness (including epidemics and pandemics) or other public health issues, recessions or other events or adverse investor sentiment or other political, regulatory, economic and social developments, and developments that impact specific economic sectors, industries or segments of the market. Additionally, from time to time, uncertainty regarding the status of negotiations in the U.S. government to increase the statutory debt ceiling could impact the creditworthiness of the U.S. and could impact the liquidity of the U.S. government securities markets and ultimately the Fund. These risks may be magnified if certain events or developments adversely interrupt the global supply chain; in these and other circumstances, such risks might affect companies worldwide due to increasingly interconnected global economies and financial markets.

 

The impairment or failure of one or more banks with whom the Fund transacts may inhibit the Fund’s ability to access depository accounts. In such cases, the Fund may be forced to delay or forgo investments, resulting in lower Fund performance. In the event of such a failure of a banking institution where the Fund holds depository accounts, access to such accounts could be restricted and U.S. Federal Deposit Insurance Corporation (“FDIC”) protection may not be available for balances in excess of amounts insured by the FDIC. In such instances, the Fund may not recover such excess, uninsured amounts.

 

 

Annual Report | June 30, 2024 87

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Climate change poses long-term threats to physical and biological systems. Potential hazards and risks related to climate change for a State or municipality include, among other things, wildfires, rising sea levels, more severe coastal flooding and erosion hazards, and more intense storms. Storms in recent years have demonstrated vulnerabilities in a State's or municipality's infrastructure to extreme weather events. Climate change risks, if they materialize, can adversely impact a State's or municipality's financial plan in current or future years. In addition, economists and others have expressed increasing concern about the potential effects of global climate change on property and security values. A rise in sea levels, an increase in powerful windstorms and/or a climate-driven increase in sea levels or flooding could cause coastal properties to lose value or become unmarketable altogether. Economists warn that, unlike previous declines in the real estate market, properties in affected coastal zones may not ever recover their value. Large wildfires driven by high winds and prolonged drought may devastate businesses and entire communities and may be very costly to any business found to be responsible for the fire. Regulatory changes and divestment movements tied to concerns about climate change could adversely affect the value of certain land and the viability of industries whose activities or products are seen as accelerating climate change.

 

These losses could adversely affect the bonds of municipalities that depend on tax or other revenues and tourist dollars generated by affected properties, and insurers of the property and/or of municipal securities. Since property and security values are driven largely by buyers' perceptions, it is difficult to know the time period over which these market effects might unfold.

 

Pandemic Risk. In early 2020, an outbreak of a novel strain of coronavirus (COVID-19) emerged globally. The outbreak of COVID-19 and its variants resulted in closing international borders, enhanced health screenings, healthcare service preparation and delivery, quarantines, cancellations, disruptions to supply chains and customer activity, as well as general public concern and uncertainty. This outbreak negatively affected the worldwide economy, as well as the economies of individual countries, the financial health of individual companies and the market in general in significant and unforeseen ways. On May 5, 2023, the World Health Organization declared the end of the global emergency status for COVID-19. The United States subsequently ended the federal COVID-19 public health emergency declaration effective May 11, 2023. Although vaccines for COVID-19 are widely available, it is unknown how long certain circumstances related to the pandemic will persist, whether they will reoccur in the future, and what additional implications may follow from the pandemic. The impact of these events and other epidemics or pandemics in the future could adversely affect Fund performance.

 

Defensive Measures. The Fund may invest up to 100% of its assets in cash, cash equivalents and short-term investments as a defensive measure in response to adverse market conditions or opportunistically at the discretion of the Adviser or Subadviser. During these periods, the Fund may not be pursuing its investment objectives.

 

 

88 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Alternative Credit and Pass-Through Notes Risk. Alternative Credit Instruments are generally not rated and constitute a highly risky and speculative investment, similar to an investment in “junk” bonds. There can be no assurance that payments due on underlying Alternative Credit investments will be made. The Shares therefore should be purchased only by investors who could afford the loss of the entire amount of their investment. A substantial portion of the Alternative Credit in which the Fund may invest will not be secured by any collateral, will not be guaranteed or insured by a third party and will not be backed by any governmental authority. Accordingly, the platforms and any third-party collection agencies will be limited in their ability to collect on defaulted Alternative Credit. With respect to Alternative Credit secured by collateral, there can be no assurance that the liquidation of any such collateral would satisfy a borrower’s obligation in the event of a default under its Alternative Credit. Furthermore, Alternative Credit may not contain any cross-default or similar provisions. A cross-default provision makes a default under certain debt of a borrower an automatic default on other debt of that borrower. The effect of this can be to allow other creditors to move more quickly to claim any assets of the borrower. To the extent an Alternative Credit investment does not contain a cross-default provision, the loan will not be placed automatically in default upon that borrower’s default on any of the borrower’s other debt obligations, unless there are relevant independent grounds for a default on the loan. In addition, the Alternative Credit investment will not be referred to a third-party collection agency for collection because of a borrower’s default on debt obligations other than the Alternative Credit investment. If a borrower first defaults on debt obligations other than the Alternative Credit investment, the creditors to such other debt obligations may seize the borrower’s assets or pursue other legal action against the borrower, which may adversely impact the ability to recoup any principal and interest payments on the Alternative Credit investment if the borrower subsequently defaults on the loan. In addition, an operator of a platform is generally not required to repurchase Alternative Credit investments from a lender except under very narrow circumstances, such as in cases of verifiable identity fraud by the borrower. Borrowers may seek protection under federal bankruptcy law or similar laws. If a borrower files for bankruptcy (or becomes the subject of an involuntary petition), a stay will go into effect that will automatically put any pending collection actions on hold and prevent further collection action absent bankruptcy court approval. Whether any payment will ultimately be made or received on an Alternative Credit investment after bankruptcy status is declared depends on the borrower’s particular financial situation and the determination of the court. It is possible that the borrower’s liability on the Alternative Credit investment will be discharged in bankruptcy. In most cases involving the bankruptcy of a borrower with an unsecured Alternative Credit investment, unsecured creditors will receive only a fraction of any amount outstanding on their loan, if anything at all. As Pass- Through Notes generally are pass-through obligations of the operators of the lending platforms and are not direct obligations of the borrowers under the underlying Alternative Credit investment originated by such platforms, holders of certain Pass-Through Notes are exposed to the credit risk of the operator. An operator that becomes subject to bankruptcy proceedings may be unable to make full and timely payments on its Pass-Through Notes even if the borrowers of the underlying Alternative Credit investment timely make all payments due from them. Although some operators have chosen to address operator insolvency risk by organizing special purpose subsidiaries to issue the Pass-Through Notes, there can no assurance that any such subsidiary would not be consolidated into the operator’s bankruptcy estate should the operator become subject to bankruptcy proceedings. In such event, the holders of the Pass-Through Notes would remain subject to all the risks associated with an operator insolvency. In addition, Pass-Through Notes are non-recourse obligations (except to the extent that the operator receives payments from the borrower on the loan). Accordingly, lenders assume all the borrower credit risk on the loans they fund and are not entitled to recover any deficiency of principal or interest from the operator if the borrower defaults on its payments. There may be a delay between the time the Fund commits to purchase a Pass-Through Note and the issuance of such note and, during such delay, the funds committed to such an investment will not be available for investment in other Alternative Credit Instruments. Because the funds committed to an investment in Pass-Through Notes do not earn interest until the issuance of the note, the delay in issuance will have the effect of reducing the effective rate of return on the investment.

 

 

Annual Report | June 30, 2024 89

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Platform Concentration Risk. The Fund may invest 25% or more of its Managed Assets in Alternative Credit originated from one or a limited number of platform(s). A concentration in select platforms may subject the Fund to increased dependency and risks associated with those platforms than it would otherwise be subject to if it were more broadly diversified across a greater number of platforms. The Fund may be more susceptible to adverse events affecting such platforms, particularly if such platforms were unable to sustain their current lending models. In addition, many platforms and/or their affiliated entities have incurred operating losses since their inception and may continue to incur net losses in the future. The Fund’s concentration in certain platforms may also expose it to increased risk of default and loss on the Alternative Credit in which it invests through such platforms if such platforms have, among other characteristics, lower borrower credit criteria or other minimum eligibility requirements, or have deficient procedures for conducting credit and interest rate analyses as part of their loan origination processes, relative to other platforms. In addition, the fewer platforms through which the Fund invests, the greater the risks associated with those platforms changing their arrangements will become. For instance, the platforms may change their underwriting and credit models, borrower acquisition channels and quality of debt collection procedures in ways which may make the loans originated through such platforms unsuitable for investment by the Fund. Moreover, a platform may become involved in a lawsuit, which may adversely impact that platform’s performance and reputation and, in turn, the Fund’s portfolio performance. An investor may become dissatisfied with a platform’s marketplace if a loan underlying its investment is not repaid and it does not receive full payment. As a result, such platform’s reputation may suffer and the platform may lose investor confidence, which could adversely affect investor participation on the platform’s marketplace.

 

Platform Reliance Risk. The Fund is dependent on the continued success of the platforms that originate the Fund’s Alternative Credit Instruments and the Fund materially depends on such platforms for loan data and the origination, sourcing and servicing of Alternative Credit investments. If such platforms were unable or impaired in their ability to operate their lending business, the Adviser may be required to seek alternative sources of investments (e.g., Alternative Credit originated by other platforms), which could adversely affect the Fund’s performance and/or prevent the Fund from pursuing its investment objective and strategies. In order to sustain its business, platforms and their affiliated entities may be dependent in large part on their ability to raise additional capital to fund their operations. If a platform and its affiliated entities are unable to raise additional funding, they may be unable to continue their operations. The Fund may have limited knowledge about the underlying Alternative Credit in which it invests and will be dependent upon the platform originating such loans for information on the loans. Some investors of Alternative Credit Instruments, including the Fund, may not review the particular characteristics of the loans in which they invest at the time of investment, but rather negotiate in advance with platforms the general criteria of the investments. As a result, the Fund is dependent on the platforms’ ability to collect, verify and provide information to the Fund about each Alternative Credit investment and borrower. Each of the platforms from which the Fund will purchase Alternative Credit Instruments retains an independent auditor to conduct audits on a routine basis.

 

 

90 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Structural Risks:

 

Market Discount. Common stock of CEFs frequently trades at a discount from its NAV. This risk may be greater for investors selling their shares in a relatively short period of time after completion of the initial offering. The Fund’s Common Shares may trade at a price that is less than the initial offering price. This risk would also apply to the Fund’s investments in CEFs.

 

Investment Style Risk. The Fund is managed by allocating the Fund’s assets to two different strategies, which could cause the Fund to underperform funds that do not limit their investments to these two strategies during periods when these strategies underperform other types of investments.

 

Multi-Manager Risk. The Adviser and the Subadviser’s investment styles may not always be complementary, which could adversely affect the performance of the Fund. The Adviser and the Subadviser may, at any time, take positions that in effect may be opposite of positions taken by each other, incurring brokerage and other transaction costs without accomplishing any net investment results. The multi-manager approach could increase the Fund’s portfolio turnover rates, which may result in higher trading costs and tax consequences associated with portfolio turnover that may adversely affect the Fund’s performance. Further, if the Subadviser is not retained, Fund performance will become dependent on the Adviser or a new subadviser successfully implementing the municipal bond income strategy, which might have adverse effect on an investment in the Fund.

 

Asset Allocation Risk. To the extent that the Adviser’s asset allocation between the Fund’s principal investment strategies may fail to produce the intended result, the Fund’s return may suffer. Additionally, the potentially active asset allocation style of the Fund may lead to changing allocations over time and represent a risk to investors who target fixed asset allocations.

 

Leverage Risks. Leverage is a speculative technique that exposes the Fund to greater risk and increased costs than if it were not implemented. Increases and decreases in the value of the Fund’s portfolio will be magnified when the Fund uses leverage. As a result, leverage may cause greater changes in the Fund’s NAV. The leverage costs may be greater than the Fund’s return on the underlying investments made from the proceeds of leverage. The Fund’s leveraging strategy may not be successful. Leverage risk would also apply to the Fund’s investments in Underlying Funds to the extent an Underlying Fund uses leverage. To the extent the Fund uses leverage and invests in Underlying Funds that also use leverage, the risks associated with leverage will be magnified, potentially significantly.

 

Potential Conflicts of Interest Risk. The Adviser and the Subadviser each manages and/or advises other investment funds or accounts with the same or similar investment objectives and strategies as the Fund, and, as a result may face conflict of interests regarding the implementation of the Fund’s strategy and allocation between funds and accounts. This may limit the Fund’s ability to take full advantage of the investment opportunity or affect the market price of the investment. Each party may also have incentives to favor one account over another due to different fees paid to such accounts. While each party has adopted policies and procedures that address these potential conflicts of interest, there is no guarantee that the policies will be successful in mitigating the conflicts of interest that arise. In addition, the Fund’s use of leverage will increase the amount of the fees paid to the Adviser and Subadviser, creating a financial incentive to for the Adviser to leverage the Fund.

 

 

Annual Report | June 30, 2024 91

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

Stockholder Activism. The Fund may in the future become the target of stockholder activism. Stockholder activism could result in substantial costs and divert management’s and the Board’s attention and resources from its business. Also, the Fund may be required to incur significant legal and other expenses related to any activist stockholder matters. Further, the Fund’s stock price could be subject to significant fluctuation or otherwise be adversely affected by the events, risks and uncertainties of any stockholder activism.

 

Cybersecurity Risk. A cybersecurity breach may disrupt the business operations of the Fund or its service providers. A breach may allow an unauthorized party to gain access to Fund assets, customer data, or proprietary information, or cause the Fund and/or its service providers to suffer data corruption or lose operational functionality.

 

Anti-Takeover Provisions. Maryland law and the Fund’s Charter and Bylaws include provisions that could limit the ability of other entities or persons to acquire control of the Fund or to convert the Fund to open-end status, including the adoption of a staggered Board of Directors and the supermajority voting requirements. These provisions could deprive the common shareholders of opportunities to sell their common shares at a premium over the then current market price of the common shares or at NAV.

 

Risks Associated with Additional Offerings. There are risks associated with offerings of additional common or preferred shares of the Fund. The voting power of current shareholders will be diluted to the extent that current shareholders do not purchase shares in any future offerings of shares or do not purchase sufficient shares to maintain their percentage interest. In addition, the sale of shares in an offering may have an adverse effect on prices in the secondary market for the Fund’s shares by increasing the number of shares available, which may put downward pressure on the market price of the Fund’s Shares. These sales also might make it more difficult for the Fund to sell additional equity securities in the future at a time and price the Fund deems appropriate.

 

In the event any additional series of fixed rate preferred shares are issued and such shares are intended to be listed on an exchange, prior application will have been made to list such shares. During an initial period, which is not expected to exceed 30 days after the date of its initial issuance, such shares may not be listed on any securities exchange. During such period, the underwriters may make a market in such shares, although they will have no obligation to do so. Consequently, an investment in such shares may be illiquid during such period. Fixed rate preferred shares may trade at a premium to or discount from liquidation value.

 

There are risks associated with an offering of Rights (in addition to the risks discussed herein related to the offering of shares and preferred shares). Shareholders who do not exercise their rights may, at the completion of such an offering, own a smaller proportional interest in the Fund than if they exercised their rights. As a result of such an offering, a shareholder may experience dilution in NAV per share if the subscription price per share is below the NAV per share on the expiration date. In addition to the economic dilution described above, if a shareholder does not exercise all of their Rights, the shareholder will incur voting dilution as a result of the Rights offering. This voting dilution will occur because the shareholder will own a smaller proportionate interest in the Fund after the rights offering than prior to the Rights offering.

 

 

92 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Summary of Updated Information Regarding the Fund June 30, 2024 (Unaudited)

 

There is a risk that changes in market conditions may result in the underlying common shares or preferred shares purchasable upon exercise of Rights being less attractive to investors at the conclusion of the subscription period. This may reduce or eliminate the value of the Rights. If investors exercise only a portion of the rights, the number of shares issued may be reduced, and the shares may trade at less favorable prices than larger offerings for similar securities. Rights issued by the Fund may be transferable or non-transferable rights.

 

Secondary Market for the Common Shares. The issuance of shares of the Fund through the Fund’s dividend reinvestment plan (“Plan“) may have an adverse effect on the secondary market for the Fund’s shares. The increase in the number of outstanding shares resulting from the issuances pursuant to the Plan and the discount to the market price at which such shares may be issued, may put downward pressure on the market price for the Common Shares. When the shares are trading at a premium, the Fund may also issue shares that may be sold through private transactions effected on the NYSE or through broker-dealers. The increase in the number of outstanding shares resulting from these offerings may put downward pressure on the market price for such shares.

 

Portfolio Manager Information

 

There have been no changes in the Fund’s portfolio managers or background since the prior disclosure date.

 

Fund Organizational Structure

 

Since the prior disclosure date, there have been no changes in the Fund’s charter or by-laws that would delay or prevent a change of control of the Fund that have not been approved by shareholders.

 

 

Annual Report | June 30, 2024 93

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Directors and Officers June 30, 2024 (Unaudited)

 

The following table provides information regarding each Director who is not an “interested person” of the Fund, as defined in the 1940 Act.

 

INDEPENDENT DIRECTORS

 

Name, Address1
and Year of Birth
Position(s) Held with the Fund Term of Office and Length of Time Served Principal Occupation(s) During Past 5 Years Number of Funds in Fund Complex Overseen by Director2 Other Directorships Held by the Director During the Past 5 Years

John K. Carter

(1961)

Director Current term expires in 2024. Has served since 2016. Founder, Special Counsel, Osprey Law Firm, P.A. (formerly known as the Law Office of John K. Carter, P.A.) (a general practice and corporate law firm) (2015 to present). 11 Carillon Mutual Funds (16 funds) (2016 to present).

J. Wayne Hutchens

(1944)

Director Current term expires in 2025. Has served since 2018. Currently retired; Trustee of the Denver Museum of Nature and Science (2000 to 2020); Director of AMG National Trust Bank (June 2012 to present); Trustee of Children’s Hospital Colorado (May 2012 to 2020). 11 ALPS Series Trust (11 funds) (2012 to present).

Lisa B. Mougin

(1972)

Director Current term expires in 2024. Has served since 2022. Chief Investment Officer of Capital Sisters International (a non-profit)(2023 to present); President & Chief Operating Officer at Positivly and Louise, each a TIFIN Company (a fintech software company) (2020 to 2022). 8 N/A

 

 

94 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Directors and Officers June 30, 2024 (Unaudited)

 

INDEPENDENT DIRECTORS

 

Name, Address1
and Year of Birth
Position(s) Held with the Fund Term of Office and Length of Time Served Principal Occupation(s) During Past 5 Years Number of Funds in Fund Complex Overseen by Director2 Other Directorships Held by the Director During the Past 5 Years

David M. Swanson

(1957)

Director Current term expires in 2025. Has served since 2018. Founder & Managing Partner, SwanDog Strategic Marketing (2006 to present). 11 Managed Portfolio Series (31 funds) (2011 to present); ALPS Variable Investment Trust (7 funds) (2006 to present).

 

1.The mailing address of each Director is 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL 33401.
2.For all Directors other than Ms. Mougin, the Fund Complex consists of the RiverNorth Core Opportunity Fund, the RiverNorth/DoubleLine Strategic Income Fund, and the RiverNorth/Oaktree High Income Fund, each a series of the RiverNorth Funds, RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., RiverNorth Opportunistic Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund II, Inc., RiverNorth Managed Duration Municipal Income Fund, Inc., RiverNorth Managed Duration Municipal Income Fund II, Inc. and RiverNorth Capital and Income Fund, Inc. For Ms. Mougin, the Fund Complex consists of the RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., RiverNorth Opportunistic Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund II, Inc., RiverNorth Managed Duration Municipal Income Fund, Inc., RiverNorth Managed Duration Municipal Income Fund II, Inc. and RiverNorth Capital and Income Fund, Inc.

 

 

Annual Report | June 30, 2024 95

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Directors and Officers June 30, 2024 (Unaudited)

 

The following table provides information regarding each Director who is an “interested person” of the Fund, as defined in the 1940 Act, and each officer of the Fund.

 

INTERESTED DIRECTORS AND OFFICERS

 

Name, Address1

and Year of Birth

Position(s) Held with Registrant Term of Office and Length of Time Served Principal Occupation(s) During Past 5 Years Number of Funds in Fund Complex Overseen by Director2 Other Directorships Held by the Director During the Past 5 Years

Patrick W. Galley3

(1975)

Interested Director, Chairman and President Current term expires in 2026. Has served since 2016. Chief Executive Officer, RiverNorth Capital Management, LLC (2020 to present); Chief Investment Officer, RiverNorth Capital Management, LLC (2004 to present). 11 N/A

Jerry R. Raio

(1964)4

Interested Director Current term expires in 2026. Has served since 2018. President, Arbor Lane Advisors, Inc. (Since 2018); Advisory Board Member of each of FLX Distribution, (2020 to present); Quantify Crypto (2021 to present); ETF Action (2022 to present); Qudos Technologies (2019 to 2022); Head of Capital Markets, ClickIPO (2018-2019); Managing Director, Head of Retail Origination, Wells Fargo Securities, LLC (2005 to 2018). 11 N/A

Jonathan M. Mohrhardt

(1974)

Treasurer and Chief Financial Officer Indefinite. Has served since 2016. President, RiverNorth Capital Management, LLC (2020 to present); Chief Operating Officer, RiverNorth Capital Management, LLC (2011 to present). N/A N/A

 

 

96 (888) 848-7569 | www.rivernorth.com

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Directors and Officers June 30, 2024 (Unaudited)

 

INTERESTED DIRECTORS AND OFFICERS

 

Name, Address1
and Year of Birth
Position(s) Held with Registrant Term of Office and Length of Time Served Principal Occupation(s) During Past 5 Years Number of Funds in Fund Complex Overseen by Director2 Other Directorships Held by the Director During the Past 5 Years

Marcus L. Collins

(1968)

Chief Compliance Officer; Secretary Indefinite. Has served since 2016. General Counsel, RiverNorth Capital Management, LLC (2012 to present); Chief Compliance Officer, RiverNorth Capital Management, LLC (2012 to present). N/A N/A

 

1.The mailing address of each Director and officer, unless otherwise noted, is 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL 33401.
2.For all Directors other than Ms. Mougin, the Fund Complex consists of the RiverNorth Core Opportunity Fund, the RiverNorth/DoubleLine Strategic Income Fund, and the RiverNorth/Oaktree High Income Fund, each a series of the RiverNorth Funds, RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., RiverNorth Opportunistic Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund II, Inc., RiverNorth Managed Duration Municipal Income Fund, Inc., RiverNorth Managed Duration Municipal Income Fund II, Inc. and RiverNorth Capital and Income Fund, Inc. For Ms. Mougin, the Fund Complex consists of the RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., RiverNorth Opportunistic Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund, Inc., RiverNorth Flexible Municipal Income Fund II, Inc., RiverNorth Managed Duration Municipal Income Fund, Inc., RiverNorth Managed Duration Municipal Income Fund II, Inc. and RiverNorth Capital and Income Fund, Inc.
3.Patrick W. Galley is considered an “Interested” Director as defined in the Investment Company Act of 1940, as amended, because he is an officer of the Fund and Chief Executive Officer and Chief Investment Officer of the Adviser.
4.Jerry Raio is considered an “Interested” Director as defined in the Investment Company Act of 1940, as amended, because of his current position as an advisory board member of FLX Distribution, which the Adviser is an investor in and Mr. Galley is a Director of; and because of his prior position as Managing Director – Head of Retail Origination at Wells Fargo, which had previously served as a broker and principal underwriter for certain funds advised by the Adviser.

 

The Statement of Additional Information includes additional information about the Fund’s Directors and is available, without charge, upon request by calling (toll-free) 1-888-848-7569.

 

 

Annual Report | June 30, 2024 97

   

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

Additional Information June 30, 2024 (Unaudited)

 

PROXY VOTING GUIDELINES

 

 

A description of the policies and procedures that the Fund used to determine how to vote proxies relating to portfolio securities and information regarding how the Fund voted proxies during the most recent 12-month period ended June 30, are available without charge upon request by (1) calling the Fund at (888) 848-7569 and (2) from Form N-PX filed by the Fund with the SEC on the SEC’s website at www.sec.gov.

 

PORTFOLIO HOLDINGS DISCLOSURE POLICY

 

 

The Fund files a complete schedule of investments with the SEC for the first and third quarter of the fiscal year on Part F of Form N-PORT. The Fund’s first and third fiscal quarters end on September 30 and March 31. The Form N-PORT filing must be filed within 60 days of the end of the quarter. The Fund's Form N-PORT are available on the SEC's website at www.sec.gov. You may also obtain copies by calling the Fund at 1-888-848-7569.

 

UNAUDITED TAX INFORMATION

 

 

For the fiscal year ended June 30, 2024, 100.00% of the distributions from net investment income for the RiverNorth Capital and Income Fund, Inc. were exempt from federal income tax.

 

The RiverNorth Closed End Funds designated the following for federal income tax purposes for the year ended June 30, 2024:

 

  Foreign Taxes Paid Foreign Source
Income
RiverNorth Doubleline Strategic Opportunity Fund $0 $0

 

Of the distributions paid by the Funds from ordinary income for the calendar year ended December 31, 2023, the following percentages met the requirements to be treated as qualifying for the corporate dividends received deduction and qualified dividend income:

 

  Dividend Received
Deduction
Qualified Dividend
Income
RiverNorth Doubleline Strategic Opportunity 0.00% 0.00%

 

In early 2024, if applicable, shareholders of record received this information for the distributions paid to them by the Funds during the calendar year 2023 via Form 1099. The Funds will notify shareholders in early 2025 of amounts paid to them by the Funds, if any, during the calendar year 2024.

 

 

98 (888) 848-7569 | www.rivernorth.com

   

 

Intentionally Left Blank

   

 

Board of Directors

Patrick W. Galley, CFA, Chairman

John K. Carter

J. Wayne Hutchens

David M. Swanson

Jerry R. Raio

Lisa B. Mougin

 

Investment Adviser

RiverNorth Capital Management, LLC

 

Sub Adviser

DoubleLine Capital LP

 

Fund Administrator

ALPS Fund Services, Inc.

 

Transfer Agent and

Dividend Disbursing Agent

DST Systems, Inc.

 

Custodian

State Street Bank and Trust Company

Millennium Trust Company

 

Independent Registered

Public Accounting Firm

KPMG LLP

 

 

RiverNorth Capital Management, LLC

360 South Rosemary Avenue, Suite 1420

West Palm Beach, FL 33401

 

Secondary market support provided to the Fund by ALPS Fund Services, Inc.’s affiliate ALPS Distributors, Inc., a FINRA member.

 

This report is provided for the general information of the shareholders of the RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. This report is not intended for distribution to prospective investors in the Fund, unless preceded or accompanied by an effective prospectus.

 

 

 

(b)Not applicable.

 

Item 2.Code of Ethics.

 

(a)The RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund” or the “Registrant”), as of the end of the period covered by the report, has adopted a Code of Ethics that applies to the Registrant’s Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer or Controller or any persons performing similar functions on behalf of the Registrant.

 

(b)Not Applicable.

 

(c)During the period covered by this report, no amendments were made to the provisions of the Code of Ethics referenced in 2(a) above.

 

(d)During the period covered by this report, no implicit or explicit waivers to the provision of the Code of Ethics referenced in 2(a) above were granted.

 

(e)Not Applicable.

 

(f)The Registrant has included with this filing, pursuant to Item 19(a)(1), a copy of its code of ethics that applies to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, as an exhibit to its annual report on this Form N-CSR.

 

Item 3.Audit Committee Financial Expert.

 

The Registrant’s Board of Directors has determined that the Registrant has as least one audit committee financial expert serving on its Audit Committee. The Board of Directors has designated J. Wayne Hutchens as the Registrant’s “audit committee financial expert.” Mr. Hutchens is “independent” as defined in paragraph (a)(2) of Item 3 to Form N-CSR.

 

Item 4.Principal Accountant Fees and Services.

 

(a)Audit Fees: For the Registrant’s fiscal years ended June 30, 2024 and June 30, 2023 the aggregate fees billed for professional services rendered by KPMG LLP (“KPMG”) for the audit of the Registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements were $82,000 and $55,000, respectively. For the Registrant’s fiscal years ended June 30, 2024 and June 30, 2023 the aggregate fees billed for professional services rendered by Cohen & Company, Ltd. (“Cohen”) for the audit of the Registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements were $9,000 and $9,000, respectively.

 

 

(b)Audit-Related Fees: For the Registrant’s fiscal years ended June 30, 2024 and June 30, 2023, the aggregate fees billed for assurance and related services by KPMG that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under paragraph (a) of this Item were $0 and $0, respectively. For the Registrant’s fiscal years ended June 30, 2024 and June 30, 2023, the aggregate fees billed for assurance and related services by Cohen & Company, Ltd. (“Cohen”) that are reasonably related to the performance of the audit of the Registrant’s financial statements and are not reported under paragraph (a) of this Item were $0 and $1,988, respectively. These fees are comprised of fees relating to auditor consents provided for U.S. Securities and Exchange Commission filings for various offerings.

 

(c)Tax Fees: For the Registrant’s fiscal years ended June 30, 2024 and June 30, 2023, the aggregate fees billed for professional services rendered by KPMG for tax compliance, tax advice, and tax planning were $10,300 and $10,000, respectively. This fee is comprised of fees relating to income tax return preparation fees, excise tax return preparation fees and review of dividend distribution calculation fees.

 

(d)All Other Fees: For the Registrant’s fiscal years ended June 30, 2024 and June 30, 2023 the aggregate fees billed for products and services provided by KPMG, other than the services reported in paragraphs (a) through (c) of this Item were $0 and $0, respectively. For the Registrant’s fiscal years ended June 30, 2024 and June 30, 2023 the aggregate fees billed for products and services provided by Cohen, other than the services reported in paragraphs (a) through (c) of this Item were $15,000 and $13,000, respectively. These fees are comprised of fees relating to research regarding recognition and treatment of income.

 

(e)(1)Audit Committee Pre-Approval Policies and Procedures: All services to be performed by the Registrant’s principal auditors must be pre-approved by the Registrant’s Audit Committee or by the Audit Committee’s designee pursuant to the Audit Committee’s Pre-Approval Policies and Procedures.

 

(e)(2)No services described in paragraphs (b) through (d) were approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

 

(f)Not applicable.

 

(g)The aggregate non-audit fees billed by the Registrant’s accountant for services rendered to the Registrant, and rendered to the Registrant’s investment adviser, and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant for the fiscal years ended June 30, 2024 and June 30, 2023 were $0 and $0, respectively. For the fiscal years ended June 30, 2024 and June 30, 2023, KPMG and Cohen, respectively, did not bill the Registrant for products and services other than the services reported above.

 

(h)Not applicable.

 

 

(i)Not applicable.

 

(j)Not applicable.

 

Item 5.Audit Committee of Listed Registrants.

 

(a)The Registrant has a separately designated standing Audit Committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended (the “1934 Act”) and is comprised of the following members:

 

J. Wayne Hutchens, Chairman

John K. Carter

Lisa B. Mougin

David M. Swanson

 

(b)Not applicable.

 

Item 6.Schedule of Investments.

 

(a)A Summary Schedule of Investments is included as part of the Report to Stockholders filed under Item 1(a) of this form, and additional details are provided in the Schedule of Investments attached as Exhibit 19(d) hereto. Additionally attached as Exhibit 19(e) is the opinion rendered by KPMG, the fund’s independent registered public accounting firm.

 

(b)Not applicable to the Registrant.

 

Item 7.Financial Statements and Financial Highlights for Open-End Management Investment Companies.

 

Not applicable to the Registrant.

 

Item 8.Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

 

Not applicable to the Registrant.

 

Item 9.Proxy Disclosures for Open-End Management Investment Companies.

 

Not applicable to the Registrant.

 

Item 10.Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

 

Not applicable to the Registrant.

 

 

Item 11.Statement Regarding Basis for Approval of Investment Advisory Contract.

 

Not applicable.

 

Item 12.Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

 

Attached, as Exhibit 19(c), is a copy of the proxy voting policies and procedures of the Registrant.

 

Below is a description of the proxy voting policy and procedures of the Fund’s subadviser:

 

The Fund’s investment adviser, RiverNorth Capital Management, LLC (“RiverNorth” or the “Adviser”), has delegated proxy-voting authority to the Fund’s subadviser, DoubleLine Capital, LP (“DoubleLine” or the “Subadviser”). DoubleLine has adopted Proxy Voting, Corporate Actions and Class Actions Procedures designed to make sure that where clients have delegated proxy-voting authority to DoubleLine, proxies are voted in the best interest of such clients without regard to the interests of DoubleLine or related parties. DoubleLine currently uses Glass, Lewis & Co. (“Glass Lewis”) as its proxy voting agent. Pursuant to an agreement with DoubleLine, Glass Lewis obtains proxy ballots with respect to securities held by one or more client accounts advised by DoubleLine, evaluates the individual facts and circumstances relating to any proposal, and, except as otherwise provided below, votes on any such proposal in accordance with the guidelines (the “Guidelines”) in the Proxy Voting, Corporate Actions and Class Actions Procedures.

 

The Guidelines provide a basis for making decisions in the voting of proxies and taking action with respect to class actions or corporate actions for clients. When voting proxies or taking action with respect to class actions or corporate actions, DoubleLine’s utmost concern in exercising its duties of loyalty and care is that all decisions be made in the best interests of the client and with the goal of maximizing the value of the client’s investments. With this goal in mind, the Guidelines cover various categories of voting decisions and generally specify whether DoubleLine (or its designee) will vote (assuming it votes at all) for or against a particular type of proposal. The applicable portfolio managers who are primarily responsible for evaluating the individual holdings of the relevant client are responsible in the first instance for overseeing the voting of proxies and taking action with respect to class actions or corporate actions for such client (though they are not expected to review each such vote or action). Such portfolio managers may, in their discretion, vote proxies or take action with respect to class actions or corporate actions in a manner that is inconsistent with the Guidelines (or instruct Glass Lewis to do so) when they determine that doing so is in the best interests of the client. In making any such determination, the portfolio managers may, in their discretion, take into account the recommendations of appropriate members of DoubleLine’s executive and senior management, other investment personnel and, if desired, an outside service.

 

 

Item 13.Portfolio Managers of Closed-End Management Investment Companies.

 

(a)(1) As of the filing date of this report on Form N-CSR, the portfolio managers of the Fund are as follows:

 

The Adviser

 

Patrick W. Galley, CFA has served as a co-portfolio manager of the Tactical Closed-End Fund Income Strategy for the Fund since its inception and the Alternative Credit Strategy since inception. Mr. Galley is the Chief Executive Officer and Chief Investment Officer for the Adviser. Mr. Galley heads the Adviser’s research and investment team and oversees all portfolio management activities at the Adviser. Mr. Galley also serves as the President and Chairman of the RiverNorth Funds, a mutual fund complex for which RiverNorth serves as the investment adviser. Prior to joining the Adviser in 2004, he was most recently a Vice President at Bank of America in the Global Investment Bank’s Portfolio Management group, where he specialized in analyzing and structuring corporate transactions for investment management firms in addition to closed-end and open-end funds, hedge funds, funds of funds, structured investment vehicles and insurance/reinsurance companies. Mr. Galley graduated with honors from Rochester Institute of Technology with a B.S. in Finance. He has received the Chartered Financial Analyst (CFA) designation, is a member of the CFA Institute and is a member of the CFA Society of Chicago.

 

Stephen O’Neill, CFA has served as a co-portfolio manager of the Tactical Closed-End Fund Income Strategy for the Fund since its inception and the Alternative Credit Strategy since inception. Mr. O’Neill conducts qualitative and quantitative analysis of closed-end funds and their respective asset classes at RiverNorth. Prior to joining RiverNorth in 2007, Mr. O’Neill was most recently an Assistant Vice President at Bank of America in the Global Investment Bank’s Portfolio Management group. At Bank of America, he specialized in the corporate real estate, asset management, and structured finance industries. Mr. O’Neill graduated magna cum laude from Miami University in Oxford, Ohio with a B.S. in Finance. Mr. O’Neill has received the Chartered Financial Analyst (CFA) designation, is a member of the CFA Institute, and is a member of the CFA Society of Chicago.

 

DoubleLine® Capital LP (the “Subadviser”)

 

Jeffrey E. Gundlach has served as a co-portfolio manager of the Opportunistic Income Strategy for the Fund since its inception. Mr. Gundlach is the founder, Chief Executive Officer and Chief Investment Officer of the Subadviser. He is also the Chairman of the Subadviser’s Fixed Income Asset Allocation Committee. Mr. Gundlach is a graduate of Dartmouth College, summa cum laude, with degrees in Mathematics and Philosophy. He attended Yale University as a Ph.D. candidate in Mathematics.

 

Jeffrey J. Sherman has served as a co-portfolio manager of the Opportunistic Income Strategy for the Fund since its inception. Mr. Sherman joined the Subadviser in December 2009. He is the Deputy Chief Investment Officer, participates on the Fixed Income Asset Allocation Committee and is a portfolio manager for derivative-based and multi-asset strategies. Mr. Sherman was previously a statistics and mathematics instructor at both the University of the Pacific and Florida State University. Mr. Sherman holds a B.S. in Applied Mathematics from the University of the Pacific and a M.S. in Financial Engineering from the Claremont Graduate University. He is a CFA charterholder.

 

 

(a)(2) As of June 30, 2024, the Portfolio Managers listed above are also responsible for the day-to-day management of the following:

 

  Number of Other Accounts Managed and Assets by Account Type
As of June 30, 2024
Portfolio Manager Registered Investment
Companies
(other than the Fund)
Registered Investment Companies Subject to Performance-Based Advisory Fees Other Pooled Investment Vehicles Other Pooled Investment Vehicles Subject to Performance-Based Advisory Fees Other Accounts Other Accounts Subject to Performance-Based Advisory Fees
Patrick W. Galley

13

$3.6B

0

$0

5

$988M

5

$988M

10

$85.4M

10

$85.4M

Stephen O’Neill

11
$3.6B

0

$0

5

$988M

5

$988M

10

$85.4M

10

$85.4M

Jeffrey E. Gundlach

31

$63.9B

0

$0

21

$6.6B

2

$745M

69

$16.3B

3

$1.7B

Jeffrey J. Sherman

23

$32.0B

0

$0

14

$3.1B

0

$0

17

$3.8B

0

$0

 

(a)(3) Compensation of Portfolio Managers and Material Conflicts of Interest

 

Adviser Compensation

 

As of June 30, 2024, Messrs. Galley’s and O’Neill’s total compensation package, like others in the Adviser’s business, is a package designed to attract and retain investment professionals. The compensation package includes a base salary fixed from year to year. The amount of the base salary is assessed for its competitiveness in the industry and geographic location of the Adviser. The compensation package also provides for an annual but variable performance bonus. The performance bonus reflects individual performance of the portfolio manager in his or her allocated duties and responsibilities. While performance of the funds managed by the portfolio manager is considered in determining the annual performance bonus, it is but one factor. The overall success of the Adviser in its business objectives and the performance of the Adviser’s business as a whole are more important factors than the investment performance of a particular fund or account. Messrs. Galley and O’Neill also participate in a 401K program on the same basis as other officers of the Adviser, which includes matching of employee contributions up to a certain percent of the portfolio manager’s base salary. Those portfolio managers that are also equity stakeholders in the Adviser or its affiliates may also receive periodic distribution of profits from business operations.

 

 

Subadviser Compensation

 

As of June 30, 2024, Mr. Gundlach’s and Mr. Sherman’s total compensation is determined by the Subadviser. The overall objective of the compensation program for portfolio managers employed by the Subadviser is for the Subadviser to attract competent and expert investment professionals and to retain them over the long term. Compensation is comprised of several components which, in the aggregate, are designed to achieve these objectives and to reward the Subadviser’s portfolio managers for their contribution to the success of their clients and the Subadviser. The Subadviser portfolio managers are compensated through a combination of base salary, discretionary bonus and equity participation in the Subadviser.

 

● Salary. Salary is agreed to with managers at time of employment and is reviewed from time to time. It does not change significantly and often does not constitute a significant part of the portfolio managers’ compensation.

● Discretionary Bonus/Guaranteed Minimums. Portfolio managers receive discretionary bonuses. However, in some cases, pursuant to contractual arrangements, some portfolio managers may be entitled to a mandatory minimum bonus if the sum of their salary and profit sharing does not reach certain levels.

● Equity Incentives. Portfolio managers participate in equity incentives based on overall firm performance of the Subadviser, through direct ownership interests in the Subadviser. These ownership interests or participation interests provide eligible portfolio managers the opportunity to participate in the financial performance of the Subadviser as a whole. Participation is generally determined in the discretion of the Subadviser, taking into account factors relevant to the portfolio manager’s contribution to the success of Subadviser.

● Other Plans and Compensation Vehicles. Portfolio managers may elect to participate in the Subadviser’s 401(k) plan, to which they may contribute a portion of their pre- and post-tax compensation to the plan for investment on a tax-deferred basis. The Subadviser may also choose, from time to time to offer certain other compensation plans and vehicles, such as a deferred compensation plan, to portfolio managers.

● Summary. As described above, an investment professional’s total compensation is determined through a subjective process that evaluates numerous quantitative and qualitative factors, including the contribution made to the overall investment process. Not all factors apply to each investment professional and there is no particular weighting or formula for considering certain factors. Among the factors considered are: relative investment performance of portfolios (although there are no specific benchmarks or periods of time used in measuring performance); complexity of investment strategies; participation in the investment team’s dialogue; contribution to business results and overall business strategy; success of marketing/business development efforts and client servicing; seniority/length of service with the firm; management and supervisory responsibilities; and fulfillment of the Subadviser’s leadership criteria.

 

 

Conflicts of Interest

 

Actual or apparent conflicts of interest may arise when a portfolio manager has day-to-day management responsibilities with respect to more than one fund or other accounts. More specifically, portfolio managers who manage multiple funds are presented with the following potential conflicts, among others:

 

The management of multiple accounts may result in a portfolio manager devoting unequal time and attention to the management of each account. The management of multiple funds and accounts also may give rise to potential conflicts of interest if the funds and accounts have different objectives, benchmarks, time horizons and fees as the portfolio manager must allocate his time and investment ideas across multiple funds and accounts. Another potential conflict of interest may arise where another account has the same or similar investment objective as the Fund, whereby the portfolio manager could favor one account over another.

 

With respect to securities transactions for the Fund, the Adviser or Subadviser determines which broker to use to execute each order, consistent with the duty to seek best execution of the transaction. A portfolio manager may execute transactions for another fund or account that may adversely impact the value of securities held by the Fund. Securities selected for funds or accounts other than the Fund may outperform the securities selected for the Fund. Further, a potential conflict could include a portfolio manager’s knowledge about the size, timing and possible market impact of Fund trades, whereby they could use this information to the advantage of other accounts and to the disadvantage of the Fund. These potential conflicts of interest could create the appearance that a portfolio manager is favoring one investment vehicle over another.

 

The management of personal accounts also may give rise to potential conflicts of interest. Although a portfolio manager generally does not trade securities in his or her own personal account, the Adviser, the Subadviser and the Fund have each adopted a code of ethics that, among other things, permits personal trading by employees (including trading in securities that can be purchased, sold or held by the Fund) under conditions where it has been determined that such trades would not adversely impact client accounts. Nevertheless, the management of personal accounts may give rise to potential conflicts of interest, and there is no assurance that these codes of ethics will adequately address such conflicts.

 

Conflicts potentially limiting the Fund’s investment opportunities may also arise when the Fund and other clients of the Adviser or Subadviser invest in, or even conduct research relating to, different parts of an issuer’s capital structure, such as when the Fund owns senior debt obligations of an issuer and other clients own junior tranches of the same issuer. In such circumstances, decisions over whether to trigger an event of default, over the terms of any workout, or how to exit an investment may result in conflicts of interest. In order to minimize such conflicts, a portfolio manager may avoid certain investment opportunities that would potentially give rise to conflicts with other clients of the Adviser or Subadviser or result in the Adviser or Subadviser receiving material, non-public information, or the Adviser or Subadviser may enact internal procedures designed to minimize such conflicts, which could have the effect of limiting the Fund’s investment opportunities. Additionally, if the Adviser or Subadviser acquires material non-public confidential information in connection with its business activities for other clients, a portfolio manager or other investment personnel may be restricted from purchasing securities or selling certain securities for the Fund or other clients. When making investment decisions where a conflict of interest may arise, the Adviser and Subadviser will endeavor to act in a fair and equitable manner between the Fund and other clients; however, in certain instances the resolution of the conflict may result in the Adviser or Subadviser acting on behalf of another client in a manner that may not be in the best interest, or may be opposed to the best interest, of the Fund.

 

 

The Adviser and Subadviser have adopted certain compliance procedures which are designed to address these types of conflicts. However, there is no guarantee that such procedures will detect each and every situation in which a conflict arises.

 

The Underlying Funds in which the Fund invests will not include those that are advised or subadvised by the Adviser, the Subadviser or their affiliate.

 

(a)(4) Portfolio Manager Ownership of Fund Shares

 

The following table shows the dollar range of equity securities of the Fund beneficially owned by the portfolio managers of the Fund as of June 30, 2024.

 

Name of Portfolio Manager Dollar Range of Equity Securities of the Fund
Patrick W. Galley $0
Stephen A. O’Neill Over $100,000
Jeffrey E. Gundlach $0
Jeffrey J. Sherman $0

 

Item 14.Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

 

Not applicable, due to no such purchases occurring during the period covered by this report.

 

 

Item 15.Submission of Matters to a Vote of Security Holders.

 

There have been no material changes to the procedures by which shareholders may recommend nominees to the Board of Directors of the Registrant.

 

Item 16.Controls and Procedures.

 

(a)The Registrant’s principal executive officer and principal financial officer have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective based on their evaluation of these controls and procedures, required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) under the 1934 Act, as of a date within 90 days of the filing date of this document.

 

(b)There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

 

Item 17.Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

 

Not applicable.

 

Item 18.Recovery of Erroneously Awarded Compensation.

 

(a)Not applicable.

 

(b)Not applicable.

 

Items 19.Exhibits.

 

(a)(1)Code of ethics that is subject to Item 2 is attached hereto.

 

(a)(2)Not applicable.

 

(a)(3)The certifications of the Registrant’s Principal Executive Officer and Principal Financial Officer, as required by Rule 30a-2(a) of the 1940 Act, and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.CERT

 

(a)(4)Not applicable.

 

(a)(5)Not applicable.

 

(b)The certifications of the Registrant’s Principal Executive Officer and Principal Financial Officer, as required by Rule 30a-2(b) of the 1940 Act, and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.906CERT.

 

 

(c)The Proxy Voting Policies and Procedures are attached hereto.

 

(d)The Schedule of Investments is attached hereto.

 

(e)Opinion of KPMG is attached hereto.

 

(f)Consent of KPMG is attached hereto.

 

(g)Consent of Cohen is attached hereto.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Registrant: RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

By: /s/ Patrick W. Galley  
Name: Patrick W. Galley  
Title: President and Chief Executive Officer  
     
Date: September 6, 2024  

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By: /s/ Patrick W. Galley  
Name: Patrick W. Galley  
Title: President and Chief Executive Officer  
     
Date: September 6, 2024  

 

By: /s/ Jonathan M. Mohrhardt  
Name: Jonathan M. Mohrhardt  
Title: Treasurer and Chief Financial Officer  
     
Date: September 6, 2024  

 

RiverNorth – Sarbanes Oxley Code of Ethics

 

16.4Code of Ethics – Principal Executive and Senior Officers

 

I.Covered Officers/Purpose of the Code

 

This code of ethics (this “Code”) for the Trust applies to the Trust’s Principal Executive Officer and Principal Financial Officer (the “Covered Officers” each of whom is set forth in Exhibit A) for the purpose of promoting:

 

·honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
·full, fair, accurate, timely and understandable disclosure in reports and documents that the Trust files with, or submits to, the SEC and in other public communications made by the Trust;
·compliance with applicable laws and governmental rules and regulations;
·the prompt internal reporting of violations of this Code to an appropriate person or persons identified in this Code; and
·accountability for adherence to this Code.

 

Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.

 

II.Covered Officers Should Handle Ethically Actual and Apparent Conflicts of Interest

 

Overview. A “conflict of interest” occurs when a Covered Officer’s private interests interfere with the interests of, or the Covered Officer’s service to, the Trust. For example, a conflict of interest would arise if a Covered Officer, or a member of the Covered Officer’s family, receives improper personal benefits as a result of the Covered Officer’s position with the Trust.

 

Certain conflicts of interest arise out of the relationships between Covered Officers and the Trust and already are subject to conflict of interest provisions in the 1940 Act and the Investment Advisers Act of 1940 (“Investment Advisers Act”). For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the Trust because of their status as “affiliated persons” of the Trust. This Code does not, and is not intended to, repeat or replace any compliance programs and procedures of the Trust or the investment adviser designed to prevent, or identify and correct, violations of the 1940 Act and the Investment Advisers Act.

 

Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between the Trust and the investment adviser or the administrator of which a Covered Officer is also an officer or employee. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties, whether formally for the Trust and/or for the adviser or the administrator, be involved in establishing policies and implementing decisions that will have different effects on the adviser or the administrator and the Trust. The participation of the Covered Officers in such activities is inherent in the contractual relationship between the Trust and the adviser or the administrator and is consistent with the performance by the Covered Officers of their duties as officers of the Trust. Thus, if performed in conformity with the provisions of the 1940 Act and the Investment Advisers Act, such activities will be deemed to have been handled ethically. In addition, it is recognized by the Trust’s Board of Trustees (“Board”) that the Covered Officers may also be officers or employees of one or more investment companies covered by other codes.

 

Other conflicts of interest are covered by this Code, even if such conflicts of interest are not subject to provisions in the 1940 Act and the Investment Advisers Act. The following list provides examples of conflicts of interest under this Code, but Covered Officers should keep in mind that these examples are not exhaustive. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of the Trust.

 

Each Covered Officer must:

 

 

RiverNorth – Sarbanes Oxley Code of Ethics

 

·not use personal influence or personal relationships improperly to influence investment decisions or financial reporting by the Trust whereby the Covered Officer would benefit personally to the detriment of the Trust;
·not cause the Trust to take action, or fail to take action, for the individual personal benefit of the Covered Officer rather than the benefit of the Trust;
·not use material non-public knowledge of portfolio transactions made or contemplated for the Trust to trade personally or cause others to trade personally in contemplation of the market effect of such transactions;
·report at least annually any affiliations or other relationships related to conflicts of interest that the Trust’s Trustees and Officers Questionnaire covers.

 

There are some conflict of interest situations that should always be discussed with the compliance officer of the Trust appointed by the Board (the “Compliance Officer”), if material. Examples of these include:

 

·service as a director on the board of any public company;
·the receipt of any non-nominal gifts;
·the receipt of any entertainment from any company with which the Company has current or prospective business dealings unless such entertainment is business-related, reasonable in cost, appropriate as to time and place, and not so frequent as to raise any questions of impropriety;
·any ownership interest in, or any consulting or employment relationship with, any of the Trust’s service providers, other than its investment adviser, principal underwriter, administrator or any affiliated person thereof; and
·a direct or indirect financial interest in commissions, transaction charges or spreads paid by the Trust for effecting portfolio transactions or for selling or redeeming shares other than an interest arising from the Covered Officer’s employment, such as compensation or equity ownership.

 

III.Disclosure and Compliance

 

·Each Covered Officer should familiarize himself with the disclosure requirements generally applicable to the Trust.
·Each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about the Trust to others, whether within or outside the Trust, including to the Trust’s directors and auditors, and to governmental regulators and self-regulatory organizations.
·Each Covered Officer should, to the extent appropriate within the Covered Officer’s area of responsibility, consult with other officers and employees of the Trust and of the adviser or the administrator with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Trust files with, or submits to, the SEC and in other public communications made by the Trust.
·It is the responsibility of each Covered Officer to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.

 

IV.Reporting and Accountability

 

Each Covered Officer must:

 

·upon adoption of this Code (or thereafter as applicable, upon becoming a Covered Officer), affirm in writing to the Board , in substantially the form set forth on Exhibit B, that the Covered Officer has received, read, and understands this Code;
·annually thereafter affirm to the Board, in substantially the form set forth on Exhibit C, that the Covered Officer has complied with the requirements of this Code;
·not retaliate against any other Covered Officer or any employee of the Trust or their affiliated persons for reports of potential violations that are made in good faith; and
·notify the Compliance Officer for the Trust promptly if the Covered Officer knows of any violation of this Code. Failure to do so is itself a violation of this Code.

 

 

RiverNorth – Sarbanes Oxley Code of Ethics

 

The Compliance Officer for the Trust is responsible for applying this Code to specific situations in which questions are presented under it and has the authority to interpret this Code in any particular situation. However, any approvals or waivers sought by a Covered Officer will be considered by the Audit Committee (the “Committee”), which will make recommendations to the Board.

 

The Trust will follow these procedures in investigating and enforcing this Code:

 

·the Compliance Officer for the Trust will take all appropriate action to investigate any potential violations reported to the Compliance Officer;
·the Compliance Officer will review with the outside legal counsel to the Trust the findings and conclusions of such investigation;
·if, after such investigation and review, the Compliance Officer believes that no violation has occurred, the Compliance Officer is not required to take any further action;
·any matter that the Compliance Officer believes is a violation will be reported to the Committee;
·if the Committee concurs that a violation has occurred, it will inform and make a recommendation to the Board, which will consider appropriate action, which may include review of, and appropriate modifications to, applicable policies and procedures (including changes to this Code); notification of the violation to appropriate personnel of the investment adviser or the administrator or its board; or a recommendation to take disciplinary action against the Covered Officer, which may include, without limitation, dismissal;
·the Board will be responsible for granting waivers, as appropriate; and
·any changes to or waivers of this Code will, to the extent required, be disclosed as provided by SEC rules.

 

V.Other Policies and Procedures

 

This Code shall be the sole code of ethics adopted by the Trust for purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms applicable to registered investment companies thereunder. Insofar as other policies or procedures of the Trust, the Trust’s adviser, principal underwriter, the administrator or other service providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superseded by this Code to the extent that they overlap or conflict with the provisions of this Code. The Trust’s and its investment adviser’s and principal underwriter’s codes of ethics under Rule 17j-1 under the 1940 Act are separate requirements applying to the Covered Officers and others, and are not part of this Code.

 


VI. Amendments

 

Any amendments to this Code, other than amendments to Exhibit A, must be approved or ratified by a majority vote of the Board, including a majority of independent trustees.

 

VII.Confidentiality

 

To the extent possible, all records, reports and other information prepared, maintained or acquired pursuant to this Code will be treated as confidential, it being understood that it may be necessary or advisable, that certain matters be disclosed to third parties (e.g., to the board of directors or officers of the adviser or the administrator).

 

VIII.Internal Use

 

This Code is intended solely for the internal use by the Trust and does not constitute an admission, by or on behalf of the Trust, as to any fact, circumstance, or legal conclusion.

 

Responsible Party/Compliance Process: Chief Compliance Officer

 

 

RiverNorth – Sarbanes Oxley Code of Ethics

 

Exhibit A

 

Persons Covered by this Code of Ethics

 

Patrick Galley

Jon Mohrhardt

 

 

EX-99.CERT

 

CERTIFICATIONS PURSUANT TO SECTION 302 OF THE

SARBANES-OXLEY ACT OF 2002

 

I, Patrick W. Galley, certify that:

 

1.   I have reviewed this report on Form N-CSR of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.;

 

2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

 

4.   The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.   The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: September 6, 2024   /s/ Patrick W. Galley  
      Patrick W. Galley  
      President and Chief Executive Officer  

 

 

I, Jonathan M. Mohrhardt, certify that:

 

1.   I have reviewed this report on Form N-CSR of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.;

 

2.   Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.   Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

 

4.   The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.   The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: September 6, 2024   /s/ Jonathan M. Mohrhardt  
      Jonathan M. Mohrhardt  
      Treasurer and Chief Financial Officer  

 

 

EX-99.906CERT

 

CERTIFICATIONS PURSUANT TO SECTION 906 OF THE

SARBANES-OXLEY ACT OF 2002

 

This certification is furnished pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1350, and accompanies the report on Form N-CSR for the period ended June 30, 2024 of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Company”).

 

I, Patrick W. Galley, the President and Chief Executive Officer of the Company, certify that:

 

(i)the report on Form N-CSR fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

 

(ii)the information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date:            September 6, 2024      
      /s/ Patrick W. Galley  
      Patrick W. Galley  
      President and Chief Executive Officer  

 

 

This certification is furnished pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1350, and accompanies the report on Form N-CSR for the period ended June 30, 2024 of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Company”).

 

I, Jonathan M. Mohrhardt, the Treasurer and Chief Financial Officer of the Company, certify that:

 

(i)the report on Form N-CSR fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

 

(ii)the information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date:            September 6, 2024      
      /s/ Jonathan M. Mohrhardt  
      Jonathan M. Mohrhardt  
      Treasurer and Chief Financial Officer  

 

These statements accompany this report on Form N-CSR pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not be deemed as filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934.

 

 

Section 18 - Proxy Voting

 

RiverNorth Capital Management, LLC

PROXY VOTING POLICIES AND PROCEDURES

 

Pursuant to the adoption by the Securities and Exchange Commission (the “Commission”) of Rule 206(4)-6 (17 CFR 275.206(4)-6) and amendments to Rule 204-2 (17 CFR 275.204-2) under the Investment Advisers Act of 1940 (the “Act”), it is a fraudulent, deceptive, or manipulative act, practice or course of business, within the meaning of Section 206(4) of the Act, for an investment adviser to exercise voting authority with respect to client securities, unless (i) the adviser has adopted and implemented written policies and procedures that are reasonably designed to ensure that the adviser votes proxies in the best interests of its clients, (ii) the adviser describes its proxy voting procedures to its clients and provides copies on request, and (iii) the adviser discloses to clients how they may obtain information on how the adviser voted their proxies.

 

In its standard investment advisory agreement, RiverNorth Capital Management, LLC (“RiverNorth”) specifically states that it does not vote proxies unless otherwise directed by the client and the client, including clients governed by ERISA, is responsible for voting any proxies.   Therefore, RiverNorth will not vote proxies for these clients.  However, RiverNorth will vote proxies on behalf of its investment company clients and hedge fund clients ("Funds"). RiverNorth has instructed all custodians, other than Fund custodians, to forward proxies directly to its clients, and if RiverNorth accidentally receives a proxy for any non-Fund client, current or former, RiverNorth will promptly forward the proxy to the client. In order to fulfill its responsibilities to Funds, RiverNorth has adopted the following policies and procedures for proxy voting with regard to companies in any Funds’ investment portfolios.

 

OVERVIEW

 

The Proxy Voting Policies and Procedures are designed to protect the best interests of the Funds. RiverNorth does not delegate or rely on any third-party service provider for voting recommendations.

 

KEY OBJECTIVES

 

The key objectives of these policies and procedures recognize that a company’s management is entrusted with the day-to-day operations and longer term strategic planning of the company, subject to the oversight of the company’s board of directors. While “ordinary business matters” are primarily the responsibility of management and should be approved solely by the corporation’s board of directors, these objectives also recognize that the company’s shareholders must have final say over how management and directors are performing, and how shareholders’ rights and ownership interests are handled, especially when matters could have substantial economic implications to the shareholders.

 

Therefore, RiverNorth will pay particular attention to the following matters in exercising our proxy voting responsibilities as a fiduciary for the Funds:

 

·Accountability. Each company should have effective means in place to hold those entrusted with running a company’s business accountable for their actions. Management of a company should be accountable to its board of directors and the board should be accountable to shareholders.

 

·Alignment of Management and Shareholder Interests. Each company should endeavor to align the interests of management and the board of directors with the interests of the company’s shareholders. For example, we generally believe that compensation should be designed to reward management for doing a good job of creating value for the shareholders of the company.

 

 

 

·Transparency. Promotion of timely disclosure of important information about a company’s business operations and financial performance enables investors to evaluate the performance of a company and to make informed decisions about the purchase and sale of a company’s securities.

 

DECISION METHODS

 

RiverNorth generally believes that the individual portfolio managers that invest in and track particular companies are the most knowledgeable and best suited to make decisions with regard to proxy votes. Therefore, RiverNorth relies on those individuals to make the final decisions on how to cast proxy votes.

 

No set of proxy voting guidelines can anticipate all situations that may arise. In special cases, RiverNorth may seek insight from its managers and analysts on how a particular proxy proposal will impact the financial prospects of a company, and vote accordingly.

 

In some instances, a proxy vote may present a conflict between the interests of a Fund, on the one hand, and RiverNorth’s interests or the interests of a person affiliated with us, on the other. In such a case, RiverNorth will abstain from making a voting decision and will forward all of the necessary proxy voting materials to the client to enable the client to cast the votes.

 

Notwithstanding the forgoing, the following policies will apply to investment company shares owned by a Fund. The Investment Company Act of 1940, as amended, (the “Act”) defines an “investment company” to include mutual funds, money market funds, closed-end funds (including preferred shares of a closed-end fund), and exchange traded funds. Under Section 12(d)(1) of the Act, a fund may only invest up to 5% of its total assets in the securities of any one investment company, but may not own more than 3% of the outstanding voting stock of any one investment company or invest more than 10% of its total assets in the securities of other investment companies. However, Section 12(d)(1)(F) of the Act provides that the provisions of paragraph 12(d)(1) shall not apply to securities purchased or otherwise acquired by a fund if (i) immediately after such purchase or acquisition not more than 3% of the total outstanding stock of such registered investment company is owned by the fund and all affiliated persons of the fund; and (ii) the fund is not proposing to offer or sell any security issued by it through a principal underwriter or otherwise at a public or offering price which includes a sales load of more than 1½% percent. Therefore, each Fund (or the Adviser acting on behalf of the Fund) must comply with the following voting restrictions unless it is determined that the Fund is not relying on Section 12(d) (1) (F):

 

·when the Fund exercises voting rights, by proxy or otherwise, with respect to any investment company owned by the Fund, the Fund will either

 

oseek instruction from the Fund’s shareholders with regard to the voting of all proxies and vote in accordance with such instructions, or

 

ovote the shares held by the Fund in the same proportion as the vote of all other holders of such security.

 

Under Section 12(d)(1)-(4) of the Act, an investment company (including exchange traded funds (“ETFs”), or closed-end funds), or business development company (“BDC”), is allowed to acquire securities of any other registered investment company or BDC in excess of the limitations in Section 12(d)(1). For purposes of these policies and procedures, the term “Acquiring Fund” means a fund that invests in any other registered investment company and “Acquired Fund” means a fund that is being acquired by another registered investment company.

 

When an investment company is relying on 12(d)(1)-(4), the investment company must comply with the following provisions regarding proxy voting:

 

 

·Limits on Control and Voting. When an investment company acquires shares of another investment company (Acquiring Fund), its advisory group1 is prohibited from controlling2, individually or in the aggregate, of the Acquired Fund. An Acquiring Fund and its advisory group are required to use mirror voting when they hold more than: (i) 25 percent of the outstanding voting securities of an Acquired Fund that is an open-end fund or UIT due to a decrease in the outstanding voting securities of the Acquired Fund; or (ii) 10 percent of the outstanding voting securities of an Acquired Fund that is a closed-end fund or BDC. In assessing whether a Fund is deemed to have control, the Acquiring Fund is required to aggregate its investment in an Acquired Fund with the investment of the Acquiring Fund’s advisory group. The Acquiring Fund and its advisory group are required to use pass-through voting (i.e., seek voting instructions from the Acquiring Fund’s own shareholders and vote accordingly) in situations where (1) all holders of an Acquired Fund’s outstanding voting securities are required by Rule 12d1-4 or Section 12(d)(1) of the 1940 Act to use mirror voting, or (2) mirror voting by an Acquiring Fund is not possible (for example, when Acquiring Funds are the only shareholders of an Acquired Fund).

 

·Exceptions from the Control and Voting Conditions. The control and voting conditions described above do not apply when: (i) an Acquiring Fund is within the same group of investment companies as an Acquired Fund; or (ii) the Acquiring Fund’s investment sub-advisor or any person controlling, controlled by, or under common control with such investment sub-advisor acts as the Acquired Fund’s investment advisor or depositor.

 

PROXY VOTING GUIDELINES

 

Election of the Board of Directors

 

We believe that good corporate governance generally starts with a board composed primarily of independent directors, unfettered by significant ties to management, all of whose members are elected annually. We also believe that turnover in board composition promotes independent board action; fresh approaches to governance, and generally has a positive impact on shareholder value. We will generally vote in favor of non-incumbent independent directors.

 

The election of a company’s board of directors is one of the most fundamental rights held by shareholders. Because a classified board structure prevents shareholders from electing a full slate of directors annually, we will generally support efforts to declassify boards or other measures that permit shareholders to remove a majority of directors at any time, and will generally oppose efforts to adopt classified board structures.

 

Approval of Independent Auditors

 

RiverNorth believes that the relationship between a company and its auditors should be limited primarily to the audit engagement, although it may include certain closely related activities that do not raise an appearance of impaired independence.

 

 

1Rule 12d1-4 defines “advisory group” as either: (i) an Acquiring Fund’s investment advisor or depositor and any person controlling, controlled by, or under common control with such investment advisor or depositor; or (ii) an Acquiring Fund’s investment sub-advisor and any person controlling, controlled by, or under common control with such investment sub-advisor.
2“Control” means the power to exercise a controlling influence over the management or policies of a company, unless such power is solely the result of an official position with such company. The 1940 Act creates a rebuttable presumption that any person who, directly or indirectly, beneficially owns more than 25% of the voting securities of a company is deemed to control the company. Accordingly, an Acquiring Fund and its advisory group could own up to 25% of the outstanding shares of an Acquired Fund without being presumed to control the Acquired Fund. A determination of control depends on the facts and circumstances of the particular situation and does not turn solely on ownership of voting securities of a company.

 

 

RiverNorth will evaluate on a case-by-case basis instances in which the audit firm has a substantial non-audit relationship with a company to determine whether we believe independence has been, or could be, compromised.

 

Equity-based compensation plans

 

RiverNorth believes that appropriately designed equity-based compensation plans, approved by shareholders, can be an effective way to align the interests of shareholders and the interests of directors, management, and employees by providing incentives to increase shareholder value. Conversely, we are opposed to plans that substantially dilute ownership interests in the company, provide participants with excessive awards, or have inherently objectionable structural features.

 

RiverNorth will generally support measures intended to increase stock ownership by executives and the use of employee stock purchase plans to increase company stock ownership by employees. These may include:

 

·Requiring senior executives to hold stock in a company.
·Requiring stock acquired through option exercise to be held for a certain period of time.

 

These are guidelines, and we consider other factors, such as the nature of the industry and size of the company, when assessing a plan’s impact on ownership interests.

 

Corporate Structure

 

RiverNorth views the exercise of shareholders’ rights, including the rights to act by written consent, to call special meetings and to remove directors, to be fundamental to good corporate governance.

 

Because classes of common stock with unequal voting rights limit the rights of certain shareholders, RiverNorth generally believes that shareholders should have voting power equal to their equity interest in the company and should be able to approve or reject changes to a company’s by-laws by a simple majority vote.

 

RiverNorth will generally support the ability of shareholders to cumulate their votes for the election of directors.

 

Shareholder Rights Plans

 

While RiverNorth recognizes that there are arguments both in favor of and against shareholder rights plans, also known as poison pills, such measures may tend to entrench current management, which RiverNorth generally considers to have a negative impact on shareholder value. Therefore, while RiverNorthwill evaluate such plans on a case by case basis, we will generally oppose such plans.

 

PROXY SERVICE PROVIDER OVERSIGHT

 

RiverNorth uses Broadridge Financial Solutions Inc.’s ProxyEdge (“ProxyEdge”) as our third-party service provider for voting proxies. ProxyEdge, as a RiverNorth service provider, is monitored by RiverNorth through its proxy service and undergoes an initial and periodic due diligence review.

 

The initial due diligence of a third-party service provider for proxy services includes a review of the service provider’s compliance policies and procedures, records of any administrative proceedings against the firm, interview with key personnel, review the information technology and cybersecurity controls in place to protect vital data and discussions with other clients of the service provider.

 

For a periodic due diligence, RiverNorth requires its third-party service provider for proxy services to complete a Due Diligence Questionnaire (DDQ). As with the initial due diligence, the DDQ will cover the service provider’s compliance policies and procedures, records of any administrative proceedings against the firm and information technology and cybersecurity controls in place to protect vital data. It will also include an evaluation of any material changes in services or operations of the third-party service provider for proxy services.

 

 

CLIENT INFORMATION

 

A copy of these Proxy Voting Policies and Procedures is available to our clients, without charge, upon request, by calling 1-800-646-0148. RiverNorth will send a copy of these Proxy Voting Policies and Procedures within three (3) business days of receipt of a request, by first-class mail or other means designed to ensure equally prompt delivery. In addition, RiverNorth will provide each client, without charge, upon request, information regarding the proxy votes cast by us with regard to the client’s securities.

 

TESTING PROCEDURES

 

On a monthly basis, the Chief Compliance Officer (“CCO”) or his designee shall obtain periodic affirmations from employees responsible for voting proxies that all outstanding proxies have been voted. On a periodic basis, the CCO or his designee shall review a sample of all proxies for compliance with these policies and procedures.

 

Revised 2/12/2013  
  11/7/2014  
  7/1//2021  
  3/01/2022  
  7/1/2024  

 

 

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Shares/Description  Value 
CLOSED-END FUNDS (2.21%)     
 108,916   Barings Global Short Duration High Yield Fund  $1,573,836 
 189,138   Invesco Dynamic Credit Opportunity Fund   2,080,522 
 72,184   PGIM Short Duration High Yield Opportunities Fund   1,106,581 
           
TOTAL CLOSED-END FUNDS     
(Cost $4,832,773)   4,760,939 

 

Shares/Description  Value 
CLOSED-END FUNDS - PREFERRED SHARES (0.45%)     
 39,726   XAI Octagon Floating Rate Alternative Income Trust, Series 2026, 6.50%, 03/31/2026  $975,277 
           
TOTAL CLOSED-END FUNDS - PREFERRED SHARES     
(Cost $977,210)   975,277 

 

Shares/Description  Value 
BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES (1.02%)     
 91,480   Crescent Capital BDC, Inc., 5.00%, 05/25/2026   2,200,094 
           
TOTAL BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES     
(Cost $2,298,447)   2,200,094 

 

Principal Amount/Description  Rate  Maturity  Value 
BANK LOANS (0.64%)
$529,837   Astra Acquisition Corp., Second Lien  - Initial Term Loan(a)  3M SOFR + 8.88%  10/22/29  $139,581 
 227,365   Aveanna Healthcare LLC, Second Lien  - Initial Term Loan(a)  3M SOFR + 7.00%  12/10/29   210,028 
 1,068   Byju's 4/24 Bridge(a)  3M CME TERM + 8.00%  04/24/26   1,068 
 1,862   Byju's 4/24 New Money TL(a)  3M US L + 0.00%  04/24/26   1,862 
 4,930   Byju's 4/24 Prepetition(a)  3M CME TERM + 8.00%  04/24/26   4,930 
 530,000   Constant Contact, Inc., Second Lien  - Initial Term Loan(a)  3M SOFR + 7.50%  02/12/29   492,900 
 71,737   Cyxtera DC Holdings, Inc., First Lien  - Initial Term Loan(a)  PRIME + 2.00%  05/01/24   1,435 
 36,278   Lealand Finance Company B.V., First Lien  - Take-Back Term Loan(a)  3M US L + 1.00%  06/30/25   17,232 
 2,433   Lealand Finance Company B.V., First Lien  - Make-Whole Term Loan(a)  1M US SOFR + 3.00%  06/28/24   1,278 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 20249

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
BANK LOANS (continued)
$141,052   Riverbed Technology LLC, TL(a)  6M CME TERM SOFR + 2.50%  07/01/28  $86,923 
 217,252   Think & Learn Private, Ltd., First Lien  - B Term Loan(a)  3M US L + 7.00%  11/05/26   49,192 
 407,032   Travelport Finance Luxembourg SARL 1L, 2021, First Lien  - Initial (Priority) Term Loan(a)  3M SOFR + 7.26%  02/28/25   370,676 
                 
TOTAL BANK LOANS           
(Cost $2,084,287)         1,377,105 

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (26.82%)(b)(c)(d)
$432   5750109,3.26%, 1/28/2024(e)  8/2/2022  $432   $16 
 14,050   5752028,4.69%, 1/28/2024(e)  8/2/2022   14,042    420 
 574   5752322,3.91%, 1/28/2024(e)  8/2/2022   573    21 
 3,529   5749440,3.76%, 1/28/2024(e)  8/2/2022   3,528    178 
 942   5753837,4.53%, 1/29/2024(e)  8/3/2022   942    49 
 12,375   5755209,4.53%, 1/29/2024(e)  8/3/2022   12,371    224 
 1,377   5757443,4.73%, 1/30/2024(e)  8/4/2022   1,376    31 
 13,833   5757341,5.02%, 1/30/2024(e)  8/4/2022   13,823    133 
 17,302   5758221,4.89%, 1/31/2024(e)  8/4/2022   17,275    473 
 198   5760303,3.70%, 2/1/2024(e)  8/4/2022   198    10 
 441   5760654,4.67%, 2/1/2024(e)  8/4/2022   440    22 
 6,766   5763041,4.36%, 2/2/2024(e)  8/5/2022   6,754    253 
 51   5763208,4.84%, 2/2/2024(e)  8/5/2022   51    1 
 1,302   5764694,3.74%, 2/2/2024(e)  8/5/2022   1,301    72 
 871   5764581,3.26%, 2/2/2024(e)  8/5/2022   870    36 
 9,003   5768575,5.10%, 2/3/2024(e)  8/8/2022   8,987    258 
 4,057   5767348,4.82%, 2/3/2024(e)  8/8/2022   4,048    143 
 1,022   5766615,4.64%, 2/3/2024(e)  8/8/2022   1,019    27 
 2,064   5775111,4.50%, 2/4/2024(e)  8/9/2022   2,063    119 
 5,981   5773622,4.28%, 2/4/2024(e)  8/9/2022   5,980    204 
 317   5775372,4.86%, 2/4/2024(e)  8/9/2022   316    16 
 6,530   5777722,4.89%, 2/5/2024(e)  8/10/2022   6,518    331 
 489   5780751,4.55%, 2/7/2024(e)  8/11/2022   488    13 
 534   5780034,3.27%, 2/7/2024(e)  8/11/2022   534    13 
 448   5781218,4.52%, 2/8/2024(e)  8/11/2022   447    15 
 1,143   5788026,3.30%, 2/9/2024(e)  8/12/2022   1,142    33 
 27,828   5788832,4.97%, 2/9/2024(e)  8/12/2022   27,876    423 
 1,258   5788476,4.76%, 2/9/2024(e)  8/12/2022   1,258    61 
 3,020   5786359,4.08%, 2/9/2024(e)  8/12/2022   3,018    201 
 285   5788357,4.35%, 2/9/2024(e)  8/12/2022   285    15 

 

See Notes to Financial Statements. 
10(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$444   5796750,3.28%, 2/10/2024(e)  8/15/2022  $443   $17 
 763   5793946,4.84%, 2/10/2024(e)  8/15/2022   759    38 
 3,228   5790439,4.67%, 2/10/2024(e)  8/15/2022   3,213    101 
 816   5790495,5.02%, 2/10/2024(e)  8/15/2022   809    33 
 2,956   5795257,4.89%, 2/10/2024(e)  8/15/2022   2,955    124 
 7,023   5806118,3.29%, 2/11/2024(e)  8/16/2022   7,017    172 
 8,828   5807014,4.68%, 2/11/2024(e)  8/16/2022   8,822    358 
 345   5810155,3.89%, 2/12/2024(e)  8/17/2022   345    12 
 61,432   5812389,4.28%, 2/12/2024(e)  8/17/2022   61,413    4,574 
 3,349   5813235,3.75%, 2/12/2024(e)  8/17/2022   3,348    258 
 659   5807451,5.22%, 2/12/2024(e)  8/17/2022   658    25 
 1,058   5811286,5.20%, 2/12/2024(e)  8/17/2022   1,058    42 
 3,633   5817452,3.42%, 2/15/2024(e)  8/18/2022   3,632    154 
 1,022   5817761,4.18%, 2/15/2024(e)  8/18/2022   1,021    37 
 19,176   5817534,4.03%, 2/15/2024(e)  8/18/2022   19,167    1,206 
 958   5819658,4.85%, 2/16/2024(e)  8/19/2022   957    18 
 3,044   5821467,4.65%, 2/16/2024(e)  8/19/2022   3,041    113 
 2,026   5821657,4.04%, 2/16/2024(e)  8/19/2022   2,025    143 
 359   5822221,3.57%, 2/17/2024(e)  8/22/2022   358    17 
 10,134   5824099,4.19%, 2/17/2024(e)  8/22/2022   10,122    348 
 2,771   5824916,4.24%, 2/17/2024(e)  8/22/2022   2,770    141 
 18,312   5823342,3.42%, 2/17/2024(e)  8/22/2022   18,273    1,552 
 1,040   5824584,4.20%, 2/17/2024(e)  8/22/2022   1,040    32 
 227   5822233,4.18%, 2/17/2024(e)  8/22/2022   226    15 
 2,467   5822413,4.86%, 2/17/2024(e)  8/22/2022   2,459    72 
 236   5828231,4.56%, 2/18/2024(e)  8/23/2022   235    8 
 1,421   5829843,4.69%, 2/18/2024(e)  8/23/2022   1,419    114 
 9,957   5828838,4.32%, 2/18/2024(e)  8/23/2022   9,952    653 
 261   5834251,4.22%, 2/19/2024(e)  8/24/2022   260    11 
 3,305   5833670,4.78%, 2/19/2024(e)  8/24/2022   3,303    99 
 11,861   5833686,4.17%, 2/19/2024(e)  8/24/2022   11,854    685 
 1,018   5834669,4.88%, 2/20/2024(e)  8/25/2022   1,017    28 
 4,960   5836061,4.16%, 2/22/2024(e)  8/25/2022   4,949    310 
 193   5840154,4.85%, 2/23/2024(e)  8/26/2022   193    6 
 662   5842031,4.65%, 2/23/2024(e)  8/26/2022   661    32 
 522   5846166,4.18%, 2/24/2024(e)  8/29/2022   519    34 
 2,586   5845729,4.34%, 2/24/2024(e)  8/29/2022   2,578    175 
 3,228   5845221,4.24%, 2/24/2024(e)  8/29/2022   3,220    86 
 3,908   5845290,4.19%, 2/24/2024(e)  8/29/2022   3,893    246 
 172   5844899,4.66%, 2/24/2024(e)  8/29/2022   169    11 
 16,354   5849884,4.20%, 2/25/2024(e)  8/30/2022   16,347    989 
 1,562   5848238,3.95%, 2/25/2024(e)  8/30/2022   1,561    (172)
 1,013   5850996,2.98%, 2/25/2024(e)  8/30/2022   1,013    60 
 7,606   5851603,3.58%, 2/25/2024(e)  8/30/2022   7,604    343 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202411

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$12,958   5850689,4.45%, 2/25/2024(e)  8/30/2022  $12,942   $944 
 3,145   5851940,3.68%, 2/26/2024(e)  8/31/2022   3,143    65 
 990   5853163,4.48%, 2/26/2024(e)  8/31/2022   990    58 
 1,812   5852278,4.37%, 2/26/2024(e)  8/31/2022   1,811    53 
 1,905   5855465,4.67%, 2/27/2024(e)  9/1/2022   1,904    134 
 1,403   5855227,4.37%, 2/27/2024(e)  9/1/2022   1,402    17 
 2,543   5856194,4.07%, 2/28/2024(e)  9/1/2022   2,537    75 
 2,266   5856183,4.50%, 2/28/2024(e)  9/1/2022   2,264    154 
 13,950   5856375,3.42%, 2/28/2024(e)  9/1/2022   13,946    770 
 5,656   5856513,4.47%, 2/28/2024(e)  9/1/2022   5,650    269 
 3,596   5856246,4.57%, 2/28/2024(e)  9/1/2022   3,594    224 
 408   5856339,5.00%, 2/28/2024(e)  9/1/2022   407    26 
 877   5864817,4.03%, 2/29/2024(e)  9/6/2022   874    15 
 323   5864685,5.15%, 2/29/2024(e)  9/6/2022   322    10 
 673   5857310,3.63%, 2/29/2024(e)  9/1/2022   673    18 
 26,603   5867181,4.72%, 2/29/2024(e)  9/6/2022   26,566    1,481 
 4,175   5863529,5.23%, 2/29/2024(e)  9/2/2022   4,172    293 
 22,743   5866767,4.69%, 2/29/2024(e)  9/6/2022   22,612    1,443 
 10,458   5860868,5.23%, 2/29/2024(e)  9/2/2022   10,443    628 
 2,151   5862823,4.56%, 2/29/2024(e)  9/2/2022   2,150    79 
 3,066   5865116,5.21%, 2/29/2024(e)  9/6/2022   3,034    115 
 2,248   5870334,5.27%, 3/1/2024(e)  9/7/2022   2,245    152 
 2,225   5873050,5.15%, 3/1/2024(e)  9/7/2022   2,219    71 
 7,999   5873635,5.15%, 3/1/2024(e)  9/7/2022   7,994    487 
 4,932   5876292,4.74%, 3/2/2024(e)  9/8/2022   4,925    331 
 639   5875918,4.71%, 3/2/2024(e)  9/8/2022   639    15 
 1,974   5875455,5.14%, 3/2/2024(e)  9/8/2022   1,971    106 
 833   5877302,5.08%, 3/3/2024(e)  9/9/2022   833    19 
 1,689   5877504,3.93%, 3/3/2024(e)  9/9/2022   1,685    169 
 783   5878268,5.40%, 3/4/2024(e)  9/9/2022   782    36 
 601   5878042,5.01%, 3/4/2024(e)  9/9/2022   600    227 
 2,710   5879274,4.82%, 3/5/2024(e)  9/9/2022   2,708    203 
 481   5882171,5.15%, 3/6/2024(e)  9/9/2022   479    33 
 5   5885327,4.98%, 3/7/2024(e)  9/12/2022   3    0 
 26,373   5884376,4.53%, 3/7/2024(e)  9/12/2022   26,308    1,150 
 1,164   5883006,5.13%, 3/7/2024(e)  9/12/2022   1,162    24 
 3,611   5889295,4.83%, 3/8/2024(e)  9/13/2022   3,610    154 
 244   5890299,4.74%, 3/8/2024(e)  9/13/2022   242    18 
 2,534   5888004,4.02%, 3/8/2024(e)  9/13/2022   2,533    63 
 6,524   5889007,5.41%, 3/8/2024(e)  9/13/2022   6,518    203 
 8,213   5889463,4.73%, 3/8/2024(e)  9/13/2022   8,199    314 
 916   5888247,5.18%, 3/8/2024(e)  9/13/2022   915    27 
 6,748   5888138,5.01%, 3/8/2024(e)  9/13/2022   6,743    423 
 267   5890964,4.72%, 3/8/2024(e)  9/13/2022   266    15 

 

See Notes to Financial Statements. 
12(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,225   5893915,5.14%, 3/9/2024(e)  9/14/2022  $5,221   $289 
 9,762   5891361,5.14%, 3/9/2024(e)  9/14/2022   9,756    891 
 9,869   5891583,5.01%, 3/9/2024(e)  9/14/2022   9,853    425 
 9,742   5894273,5.51%, 3/9/2024(e)  9/14/2022   9,735    284 
 3,214   5893210,5.00%, 3/9/2024(e)  9/14/2022   3,213    129 
 23,700   5893410,4.42%, 3/9/2024(e)  9/14/2022   23,681    1,353 
 996   5893336,5.52%, 3/9/2024(e)  9/14/2022   995    36 
 2,391   5895056,5.16%, 3/10/2024(e)  9/15/2022   2,388    190 
 1,864   5894738,5.01%, 3/10/2024(e)  9/15/2022   1,863    185 
 1,465   5895118,4.89%, 3/10/2024(e)  9/15/2022   1,463    104 
 654   5894601,5.18%, 3/10/2024(e)  9/15/2022   652    21 
 6,908   5898998,4.68%, 3/12/2024(e)  9/15/2022   6,905    190 
 10   5897593,4.28%, 3/12/2024(e)  9/15/2022   8    (17)
 2,393   5898825,5.33%, 3/12/2024(e)  9/15/2022   2,392    67 
 6,181   5898855,4.28%, 3/12/2024(e)  9/15/2022   6,178    677 
 5,080   5902216,4.56%, 3/13/2024(e)  9/16/2022   5,079    171 
 2,574   5901108,5.49%, 3/13/2024(e)  9/16/2022   2,573    138 
 394   5909706,5.13%, 3/15/2024(e)  9/20/2022   394    13 
 3,861   5906777,4.70%, 3/15/2024(e)  9/20/2022   3,855    284 
 7,525   5909529,4.09%, 3/15/2024(e)  9/20/2022   7,522    627 
 2,050   5909657,5.01%, 3/15/2024(e)  9/20/2022   2,049    47 
 2,639   5908790,5.08%, 3/15/2024(e)  9/20/2022   2,638    109 
 978   5907623,4.81%, 3/15/2024(e)  9/20/2022   978    20 
 9,045   5911589,4.81%, 3/16/2024(e)  9/21/2022   9,041    273 
 4,395   5913298,5.17%, 3/16/2024(e)  9/21/2022   4,391    239 
 2,977   5913590,4.25%, 3/17/2024(e)  9/22/2022   2,960    137 
 5,267   5913731,5.18%, 3/17/2024(e)  9/22/2022   5,263    226 
 2,903   5914539,4.08%, 3/18/2024(e)  9/22/2022   2,901    311 
 1,042   5917578,4.53%, 3/19/2024(e)  9/22/2022   1,041    115 
 2,685   5919307,4.66%, 3/20/2024(e)  9/23/2022   2,683    117 
 4,160   5922302,4.39%, 3/20/2024(e)  9/23/2022   4,157    135 
 367   5919402,3.66%, 3/20/2024(e)  9/23/2022   367    19 
 25,275   5920992,4.39%, 3/20/2024(e)  9/23/2022   25,269    1,151 
 8,395   5923300,4.48%, 3/21/2024(e)  9/26/2022   8,393    532 
 3,291   5923256,4.39%, 3/21/2024(e)  9/26/2022   3,290    89 
 842   5924401,5.01%, 3/21/2024(e)  9/26/2022   840    78 
 1,812   5923088,4.83%, 3/21/2024(e)  9/26/2022   1,809    53 
 14,728   5923900,4.54%, 3/21/2024(e)  9/26/2022   14,676    1,417 
 563   5924187,5.07%, 3/21/2024(e)  9/26/2022   560    26 
 41,402   5929809,4.84%, 3/22/2024(e)  9/27/2022   41,382    1,824 
 3,497   5932025,4.68%, 3/23/2024(e)  9/28/2022   3,495    343 
 22,341   5931914,4.25%, 3/23/2024(e)  9/28/2022   22,334    1,642 
 1,373   5934330,4.37%, 3/24/2024(e)  9/29/2022   1,372    88 
 315   5934431,4.86%, 3/24/2024(e)  9/29/2022   314    12 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202413

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$46   5934055,4.25%, 3/24/2024(e)  9/29/2022  $43   $6 
 597   5934268,5.18%, 3/24/2024(e)  9/29/2022   597    49 
 0   5937581,4.92%, 3/26/2024(e)  9/29/2022   0    0 
 1,330   5938669,4.08%, 3/26/2024(e)  9/29/2022   1,324    119 
 12,496   5936103,4.48%, 3/26/2024(e)  9/29/2022   12,490    441 
 10,952   5939298,5.00%, 3/27/2024(e)  9/30/2022   10,947    770 
 5,247   5940103,4.91%, 3/27/2024(e)  9/30/2022   5,213    440 
 103   5940577,4.91%, 3/27/2024(e)  9/30/2022   100    9 
 5,638   5939545,4.79%, 3/27/2024(e)  9/30/2022   5,634    541 
 726   5946036,4.79%, 3/28/2024(e)  10/3/2022   726    52 
 1,631   5944736,5.15%, 3/28/2024(e)  10/3/2022   1,610    141 
 2,066   5945118,4.66%, 3/28/2024(e)  10/3/2022   2,032    (144)
 126   5944808,4.66%, 3/28/2024(e)  10/3/2022   123    (14)
 1,973   5949804,4.42%, 3/29/2024(e)  10/4/2022   1,972    197 
 3,985   5949268,4.89%, 3/29/2024(e)  10/4/2022   3,978    344 
 6,827   5948461,5.14%, 3/29/2024(e)  10/4/2022   6,824    224 
 2,069   5948801,5.01%, 3/29/2024(e)  10/4/2022   2,062    85 
 1,532   5948378,5.42%, 3/29/2024(e)  10/4/2022   1,531    44 
 2,346   5953794,4.74%, 3/30/2024(e)  10/5/2022   2,344    152 
 1,465   5955444,5.16%, 3/30/2024(e)  10/5/2022   1,462    76 
 1,647   5956107,4.72%, 4/1/2024(e)  10/6/2022   1,645    56 
 519   5956429,5.23%, 4/2/2024(e)  10/6/2022   518    21 
 646   5959705,5.23%, 4/3/2024(e)  10/6/2022   644    82 
 3,790   5959473,5.11%, 4/3/2024(e)  10/6/2022   3,783    345 
 2,020   5957694,4.55%, 4/3/2024(e)  10/6/2022   2,019    249 
 1,040   5962073,4.40%, 4/4/2024(e)  10/7/2022   1,039    95 
 8,829   5961700,5.23%, 4/4/2024(e)  10/7/2022   8,823    444 
 5,807   5962778,5.05%, 4/4/2024(e)  10/7/2022   5,804    185 
 2,196   5960492,4.00%, 4/4/2024(e)  10/7/2022   2,194    39 
 133   5973697,5.18%, 4/6/2024(e)  10/12/2022   132    8 
 2,342   5971255,4.03%, 4/6/2024(e)  10/12/2022   2,342    42 
 3,726   5976748,5.27%, 4/7/2024(e)  10/13/2022   3,724    387 
 9,601   5977790,4.70%, 4/7/2024(e)  10/13/2022   9,598    359 
 234   5977579,5.01%, 4/7/2024(e)  10/13/2022   232    22 
 2,844   5976244,5.26%, 4/7/2024(e)  10/13/2022   2,841    120 
 4,499   5974999,5.41%, 4/7/2024(e)  10/13/2022   4,496    281 
 239   5974717,5.17%, 4/7/2024(e)  10/13/2022   239    18 
 4,392   5978695,4.74%, 4/8/2024(e)  10/14/2022   4,390    400 
 911   5978806,3.92%, 4/9/2024(e)  10/14/2022   910    103 
 3,599   5979373,5.25%, 4/9/2024(e)  10/14/2022   3,593    438 
 6,133   5979431,4.91%, 4/9/2024(e)  10/14/2022   6,129    554 
 3,370   5979840,4.99%, 4/10/2024(e)  10/14/2022   3,365    139 
 111   5980193,4.50%, 4/10/2024(e)  10/14/2022   97    (52)
 1,720   5980659,5.40%, 4/10/2024(e)  10/14/2022   1,719    47 

 

See Notes to Financial Statements. 
14(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,557   5981456,4.86%, 4/11/2024(e)  10/14/2022  $2,551   $249 
 74   5981452,5.17%, 4/11/2024(e)  10/14/2022   73    3 
 1,981   5985893,5.48%, 4/12/2024(e)  10/17/2022   1,980    162 
 1,166   5985567,5.03%, 4/12/2024(e)  10/17/2022   1,166    44 
 268   5985029,5.39%, 4/12/2024(e)  10/17/2022   260    12 
 10,171   5986207,4.71%, 4/12/2024(e)  10/17/2022   10,157    706 
 319   5986595,5.39%, 4/12/2024(e)  10/17/2022   318    33 
 31,695   5985767,4.55%, 4/12/2024(e)  10/17/2022   31,667    2,472 
 2,031   5992013,5.15%, 4/13/2024(e)  10/18/2022   2,030    99 
 635   5992591,4.71%, 4/13/2024(e)  10/18/2022   635    19 
 2,074   5990336,4.30%, 4/13/2024(e)  10/18/2022   2,073    313 
 149   5992027,4.82%, 4/13/2024(e)  10/18/2022   148    21 
 1,032   5989461,4.76%, 4/13/2024(e)  10/18/2022   1,032    28 
 6,959   5990835,4.57%, 4/13/2024(e)  10/18/2022   6,955    646 
 12,856   5990637,4.69%, 4/13/2024(e)  10/18/2022   12,850    1,132 
 1,112   5990168,4.72%, 4/13/2024(e)  10/18/2022   1,110    78 
 14,374   5989642,4.29%, 4/13/2024(e)  10/18/2022   14,359    1,736 
 1,104   5994194,5.08%, 4/14/2024(e)  10/19/2022   1,101    110 
 6,225   5995199,4.40%, 4/14/2024(e)  10/19/2022   6,217    652 
 2,564   5996217,5.00%, 4/14/2024(e)  10/19/2022   2,564    86 
 2,661   5994696,5.01%, 4/14/2024(e)  10/19/2022   2,660    173 
 1,454   5996766,5.06%, 4/15/2024(e)  10/20/2022   1,453    58 
 3,032   5997532,4.81%, 4/16/2024(e)  10/20/2022   3,030    89 
 1,998   6000327,4.65%, 4/17/2024(e)  10/20/2022   1,997    309 
 5,756   6001997,4.16%, 4/18/2024(e)  10/21/2022   5,753    595 
 2,321   6001491,4.71%, 4/18/2024(e)  10/21/2022   2,317    234 
 1,963   6004638,4.81%, 4/18/2024(e)  10/21/2022   1,962    148 
 314   6001457,4.52%, 4/18/2024(e)  10/21/2022   312    15 
 2,731   6006230,3.85%, 4/19/2024(e)  10/24/2022   2,720    135 
 4,908   6005286,3.95%, 4/19/2024(e)  10/24/2022   4,907    663 
 14,725   6006522,4.53%, 4/19/2024(e)  10/24/2022   14,680    1,556 
 12,593   6004738,4.65%, 4/19/2024(e)  10/24/2022   12,556    1,616 
 3,737   6006923,4.56%, 4/19/2024(e)  10/24/2022   3,730    368 
 2,754   6011602,4.40%, 4/20/2024(e)  10/25/2022   2,753    402 
 3,043   6009506,4.40%, 4/20/2024(e)  10/25/2022   3,042    313 
 8,206   6015194,3.87%, 4/21/2024(e)  10/26/2022   8,198    1,125 
 27,799   6013942,4.92%, 4/21/2024(e)  10/26/2022   27,792    1,312 
 943   6015608,4.18%, 4/21/2024(e)  10/26/2022   942    104 
 1,779   6016466,4.09%, 4/22/2024(e)  10/27/2022   1,777    241 
 820   6016133,4.74%, 4/22/2024(e)  10/27/2022   815    42 
 8,330   6016534,4.92%, 4/22/2024(e)  10/27/2022   8,327    305 
 1,218   6016482,4.39%, 4/22/2024(e)  10/27/2022   1,216    134 
 1,037   6016372,4.66%, 4/22/2024(e)  10/27/2022   1,036    78 
 71   6020206,4.88%, 4/24/2024(e)  10/27/2022   71    8 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202415

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,184   6017425,4.78%, 4/24/2024(e)  10/27/2022  $3,182   $162 
 2,406   6017530,5.05%, 4/24/2024(e)  10/27/2022   2,403    262 
 5,515   6024009,4.90%, 4/25/2024(e)  10/28/2022   5,510    333 
 1,127   6022884,4.38%, 4/25/2024(e)  10/28/2022   1,126    87 
 1,566   6021274,4.65%, 4/25/2024(e)  10/28/2022   1,565    59 
 8,305   6024114,4.38%, 4/25/2024(e)  10/28/2022   8,302    504 
 1,642   6024785,4.52%, 4/26/2024(e)  10/31/2022   1,638    124 
 51,407   6026192,4.07%, 4/26/2024(e)  10/31/2022   51,341    5,616 
 7,770   6027345,4.81%, 4/26/2024(e)  10/31/2022   7,766    759 
 254   6027207,4.78%, 4/26/2024(e)  10/31/2022   252    28 
 1,539   6030382,4.39%, 4/27/2024(e)  11/1/2022   1,539    161 
 542   6033287,4.89%, 4/28/2024(e)  11/2/2022   542    73 
 3,764   6035363,5.13%, 4/28/2024(e)  11/2/2022   3,762    423 
 471   6033304,4.72%, 4/28/2024(e)  11/2/2022   470    78 
 1,059   6036645,5.50%, 4/28/2024(e)  11/2/2022   1,058    94 
 1,724   6033991,5.40%, 4/28/2024(e)  11/2/2022   1,723    194 
 338   6037163,4.83%, 4/29/2024(e)  11/3/2022   337    15 
 36,028   6041178,4.50%, 4/30/2024(e)  11/3/2022   36,008    6,398 
 501   6039048,4.50%, 4/30/2024(e)  11/3/2022   497    85 
 6,064   6038610,5.05%, 4/30/2024(e)  11/3/2022   6,054    755 
 1,119   6038898,5.24%, 4/30/2024(e)  11/3/2022   1,113    138 
 1,101   6038786,5.00%, 4/30/2024(e)  11/3/2022   1,098    161 
 164   6044239,4.71%, 5/1/2024(e)  11/4/2022   162    9 
 13,498   6045002,5.39%, 5/1/2024(e)  11/4/2022   13,492    480 
 313   6045200,5.15%, 5/1/2024(e)  11/4/2022   313    16 
 1,304   6043540,4.71%, 5/1/2024(e)  11/4/2022   1,302    147 
 2,004   6048600,5.33%, 5/2/2024(e)  11/7/2022   2,002    125 
 98   6047782,4.87%, 5/2/2024(e)  11/7/2022   69    (135)
 805   6047775,5.12%, 5/2/2024(e)  11/7/2022   803    120 
 326   6047009,5.40%, 5/2/2024(e)  11/7/2022   321    38 
 162   6046954,4.69%, 5/2/2024(e)  11/7/2022   162    9 
 188   6046455,4.40%, 5/2/2024(e)  11/7/2022   186    23 
 1,501   6046717,5.12%, 5/2/2024(e)  11/7/2022   1,465    147 
 529   6052073,5.52%, 5/3/2024(e)  11/8/2022   529    49 
 1,732   6054287,5.35%, 5/3/2024(e)  11/8/2022   1,730    197 
 95   6052194,4.30%, 5/3/2024(e)  11/8/2022   94    0 
 4,991   6050929,4.89%, 5/3/2024(e)  11/8/2022   4,977    290 
 3,478   6051621,5.50%, 5/3/2024(e)  11/8/2022   3,477    99 
 1,531   6051074,5.42%, 5/3/2024(e)  11/8/2022   1,528    131 
 345   6053904,4.30%, 5/3/2024(e)  11/8/2022   344    53 
 2,488   6056501,5.35%, 5/4/2024(e)  11/9/2022   2,483    429 
 6,153   6056204,4.73%, 5/4/2024(e)  11/9/2022   6,151    456 
 5,919   6055994,5.01%, 5/4/2024(e)  11/9/2022   5,909    733 
 3,069   6057382,5.50%, 5/4/2024(e)  11/9/2022   3,067    274 

 

See Notes to Financial Statements. 
16(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$155   6056960,5.40%, 5/4/2024(e)  11/9/2022  $154   $12 
 8,802   6056478,4.30%, 5/4/2024(e)  11/9/2022   8,800    664 
 1,727   6056891,5.26%, 5/4/2024(e)  11/9/2022   1,726    182 
 42   6056865,5.49%, 5/4/2024(e)  11/9/2022   41    5 
 288   6056179,4.74%, 5/4/2024(e)  11/9/2022   286    36 
 10,740   6054737,5.42%, 5/4/2024(e)  11/9/2022   10,727    809 
 4,317   6059579,5.49%, 5/6/2024(e)  11/10/2022   4,313    379 
 1,660   6065671,5.47%, 5/8/2024(e)  11/14/2022   1,658    28 
 7,861   6066617,4.50%, 5/8/2024(e)  11/14/2022   7,798    1,529 
 363   6066844,4.72%, 5/8/2024(e)  11/14/2022   355    45 
 758   6066323,4.72%, 5/8/2024(e)  11/14/2022   756    135 
 7,276   6065591,4.87%, 5/8/2024(e)  11/14/2022   7,257    843 
 280   6105946,5.52%, 5/9/2024(e)  11/15/2022   277    16 
 809   6120492,5.02%, 5/9/2024(e)  11/15/2022   807    108 
 4,814   6105954,4.52%, 5/9/2024(e)  11/15/2022   4,810    494 
 585   6106208,4.31%, 5/9/2024(e)  11/15/2022   583    55 
 829   6106011,5.15%, 5/9/2024(e)  11/15/2022   827    124 
 17,141   6107071,4.53%, 5/9/2024(e)  11/15/2022   17,131    2,465 
 25,035   6107336,4.52%, 5/9/2024(e)  11/15/2022   25,029    3,894 
 5,408   6105838,5.15%, 5/9/2024(e)  11/15/2022   5,406    259 
 7,049   6121028,4.90%, 5/10/2024(e)  11/16/2022   7,046    632 
 1,129   6122285,4.92%, 5/10/2024(e)  11/16/2022   1,129    175 
 112   6125689,4.20%, 5/11/2024(e)  11/17/2022   111    23 
 1,316   6124808,5.08%, 5/11/2024(e)  11/17/2022   1,315    116 
 10,054   6125603,4.81%, 5/11/2024(e)  11/17/2022   10,046    1,292 
 664   6125696,5.09%, 5/11/2024(e)  11/17/2022   662    38 
 5,759   6125819,5.03%, 5/11/2024(e)  11/17/2022   5,756    447 
 1,865   6127366,4.67%, 5/13/2024(e)  11/17/2022   1,864    171 
 261   6127380,3.97%, 5/13/2024(e)  11/17/2022   260    36 
 11,197   6133059,4.39%, 5/15/2024(e)  11/18/2022   11,176    1,543 
 1,143   6134383,4.66%, 5/15/2024(e)  11/18/2022   1,140    (131)
 11,255   6133578,4.91%, 5/15/2024(e)  11/18/2022   11,249    583 
 96   6132576,5.01%, 5/15/2024(e)  11/18/2022   95    6 
 2,730   6131542,5.07%, 5/15/2024(e)  11/18/2022   2,721    366 
 1,563   6137045,3.95%, 5/16/2024(e)  11/21/2022   1,562    171 
 181   6136977,5.14%, 5/16/2024(e)  11/21/2022   178    23 
 1,327   6137156,5.01%, 5/16/2024(e)  11/21/2022   1,326    147 
 8,947   6136885,5.15%, 5/16/2024(e)  11/21/2022   8,942    643 
 4,277   6136872,4.66%, 5/16/2024(e)  11/21/2022   4,274    233 
 1,801   6135735,4.17%, 5/16/2024(e)  11/21/2022   1,795    374 
 38,164   6139846,5.17%, 5/17/2024(e)  11/22/2022   38,131    3,379 
 4,451   6141586,4.40%, 5/17/2024(e)  11/22/2022   4,442    727 
 393   6139948,4.39%, 5/17/2024(e)  11/22/2022   393    55 
 404   6140479,3.97%, 5/17/2024(e)  11/22/2022   403    57 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202417

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$906   6142145,3.97%, 5/17/2024(e)  11/22/2022  $905   $88 
 1,548   6142100,4.82%, 5/17/2024(e)  11/22/2022   1,547    150 
 17   6140740,4.68%, 5/17/2024(e)  11/22/2022   16    2 
 3,246   6144789,3.97%, 5/18/2024(e)  11/23/2022   3,245    589 
 1,285   6146331,3.97%, 5/18/2024(e)  11/23/2022   1,284    119 
 3,766   6144826,5.08%, 5/18/2024(e)  11/23/2022   3,764    221 
 1,508   6143558,5.02%, 5/18/2024(e)  11/23/2022   1,507    97 
 46,291   6143421,4.40%, 5/18/2024(e)  11/23/2022   46,269    4,123 
 559   6145047,5.02%, 5/18/2024(e)  11/23/2022   555    63 
 1,990   6146279,4.93%, 5/18/2024(e)  11/23/2022   1,989    382 
 3,839   6146109,3.97%, 5/18/2024(e)  11/23/2022   3,838    753 
 2,563   6145898,3.97%, 5/18/2024(e)  11/23/2022   2,562    367 
 2,318   6148024,5.16%, 5/20/2024(e)  11/25/2022   2,313    292 
 2,248   6148121,4.40%, 5/20/2024(e)  11/25/2022   2,243    223 
 5,183   6148709,5.00%, 5/21/2024(e)  11/25/2022   5,180    529 
 13,169   6148961,4.39%, 5/21/2024(e)  11/25/2022   13,163    358 
 1,680   6150939,4.54%, 5/21/2024(e)  11/25/2022   1,669    224 
 57,930   6151525,4.91%, 5/21/2024(e)  11/25/2022   57,904    6,108 
 863   6149128,4.90%, 5/21/2024(e)  11/25/2022   860    119 
 1,100   6149191,3.96%, 5/21/2024(e)  11/25/2022   1,099    123 
 208   6158775,4.70%, 5/23/2024(e)  11/29/2022   207    (120)
 16,151   6160372,4.56%, 5/23/2024(e)  11/29/2022   16,146    2,218 
 1,876   6160657,4.81%, 5/23/2024(e)  11/29/2022   1,868    (811)
 8,460   6160220,3.98%, 5/23/2024(e)  11/29/2022   8,457    1,277 
 4,375   6159670,4.19%, 5/23/2024(e)  11/29/2022   4,371    (2,570)
 2,139   6159602,4.41%, 5/23/2024(e)  11/29/2022   2,137    391 
 1,204   6158766,4.56%, 5/23/2024(e)  11/29/2022   1,203    88 
 208   6158753,4.41%, 5/23/2024(e)  11/29/2022   207    (90)
 1,150   6160304,5.05%, 5/23/2024(e)  11/29/2022   1,150    52 
 249   6158711,4.19%, 5/23/2024(e)  11/29/2022   248    (201)
 1,985   6158575,5.10%, 5/23/2024(e)  11/29/2022   1,982    116 
 533   6158689,4.57%, 5/23/2024(e)  11/29/2022   531    (623)
 879   6157443,4.41%, 5/23/2024(e)  11/29/2022   861    187 
 43,777   6158917,4.69%, 5/23/2024(e)  11/29/2022   43,755    4,228 
 443   6161216,4.94%, 5/24/2024(e)  11/30/2022   442    69 
 1,112   6160921,3.98%, 5/24/2024(e)  11/30/2022   1,112    254 
 2,240   6161433,4.93%, 5/24/2024(e)  11/30/2022   2,239    136 
 8,260   6161328,4.81%, 5/24/2024(e)  11/30/2022   8,248    1,168 
 1,053   6164097,5.17%, 5/25/2024(e)  11/30/2022   1,052    101 
 285   6164317,4.18%, 5/25/2024(e)  11/30/2022   284    14 
 920   6163058,5.19%, 5/25/2024(e)  11/30/2022   919    124 
 967   6164121,4.68%, 5/25/2024(e)  11/30/2022   965    66 
 3,362   6161874,5.02%, 5/25/2024(e)  11/30/2022   3,358    464 
 2,722   6163385,4.40%, 5/25/2024(e)  11/30/2022   2,717    423 

 

See Notes to Financial Statements. 
18(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,246   6164930,4.40%, 5/26/2024(e)  12/1/2022  $2,243   $171 
 560   6165023,3.97%, 5/26/2024(e)  12/1/2022   557    87 
 831   6165964,5.02%, 5/27/2024(e)  12/1/2022   830    96 
 186   6165670,4.69%, 5/27/2024(e)  12/1/2022   186    19 
 4,341   6166243,5.15%, 5/28/2024(e)  12/1/2022   4,333    276 
 2,016   6170788,4.72%, 5/29/2024(e)  12/2/2022   2,014    268 
 436   6170772,5.50%, 5/29/2024(e)  12/2/2022   436    27 
 2,287   6170764,4.86%, 5/29/2024(e)  12/2/2022   2,287    260 
 207   6170527,5.23%, 5/29/2024(e)  12/2/2022   206    32 
 3,749   6175724,4.72%, 5/30/2024(e)  12/5/2022   3,742    561 
 17,623   6175782,5.24%, 5/30/2024(e)  12/5/2022   17,605    1,928 
 174   6175569,4.87%, 5/30/2024(e)  12/5/2022   173    11 
 198   6175974,4.72%, 5/30/2024  12/5/2022   186    18 
 541   6173457,5.38%, 5/30/2024  12/5/2022   539    85 
 31,262   6173753,4.87%, 5/30/2024(e)  12/5/2022   31,232    2,975 
 6,236   6175620,5.25%, 5/30/2024(e)  12/5/2022   6,231    163 
 536   6173379,5.48%, 5/30/2024(e)  12/5/2022   512    56 
 2,812   6179235,5.13%, 6/1/2024(e)  12/6/2022   2,810    485 
 1,593   6181330,4.88%, 6/1/2024  12/6/2022   1,589    121 
 847   6178381,5.50%, 6/1/2024  12/6/2022   845    86 
 1,079   6185005,4.88%, 6/2/2024  12/7/2022   1,078    165 
 2,330   6183670,5.50%, 6/2/2024  12/7/2022   2,327    145 
 14,850   6185021,4.51%, 6/2/2024  12/7/2022   14,840    3,259 
 42,142   6185564,5.40%, 6/2/2024(e)  12/7/2022   42,112    5,507 
 4,280   6185305,5.35%, 6/2/2024  12/7/2022   4,276    488 
 5,511   6185900,5.50%, 6/3/2024(e)  12/8/2022   5,486    637 
 579   6185757,5.24%, 6/3/2024  12/8/2022   578    71 
 5,357   6188594,5.38%, 6/5/2024(e)  12/8/2022   5,354    397 
 10,834   6189071,4.28%, 6/5/2024(e)  12/8/2022   10,827    1,718 
 4,043   6191132,5.47%, 6/5/2024(e)  12/8/2022   4,040    656 
 142   6190820,4.86%, 6/5/2024  12/8/2022   141    22 
 266   6191768,4.75%, 6/6/2024(e)  12/9/2022   266    28 
 2,261   6191263,5.11%, 6/6/2024(e)  12/9/2022   2,261    242 
 136   6204012,5.37%, 6/8/2024  12/13/2022   135    20 
 2,295   6202862,5.50%, 6/8/2024(e)  12/13/2022   2,293    472 
 615   6203577,4.88%, 6/8/2024(e)  12/13/2022   614    99 
 856   6205353,5.35%, 6/8/2024  12/13/2022   855    58 
 369   6204799,5.49%, 6/8/2024  12/13/2022   368    55 
 741   6208865,4.52%, 6/9/2024  12/14/2022   741    115 
 2,000   6208024,4.88%, 6/9/2024(e)  12/14/2022   1,995    326 
 542   6206649,5.33%, 6/9/2024  12/14/2022   541    57 
 4,526   6209032,4.29%, 6/9/2024  12/14/2022   4,522    1,070 
 704   6210012,5.52%, 6/10/2024(e)  12/15/2022   703    63 
 3,661   6210495,4.99%, 6/11/2024(e)  12/15/2022   3,660    296 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202419

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,334   6210772,4.71%, 6/11/2024(e)  12/15/2022  $6,329   $666 
 1,021   6210531,5.12%, 6/11/2024(e)  12/15/2022   1,016    72 
 2,318   6213518,4.70%, 6/12/2024(e)  12/15/2022   2,317    161 
 3,133   6211491,5.38%, 6/12/2024(e)  12/15/2022   3,124    187 
 195   6211625,5.40%, 6/12/2024  12/15/2022   195    22 
 681   6217439,4.49%, 6/13/2024  12/16/2022   679    125 
 1,248   6218244,4.98%, 6/14/2024  12/19/2022   1,247    105 
 7,678   6218436,5.23%, 6/14/2024(e)  12/19/2022   7,666    855 
 9,416   6224057,4.92%, 6/15/2024(e)  12/20/2022   9,410    1,526 
 36,304   6224365,3.96%, 6/15/2024(e)  12/20/2022   36,291    5,074 
 11,558   6227062,4.80%, 6/16/2024(e)  12/21/2022   11,546    1,885 
 11,107   6229307,4.80%, 6/16/2024(e)  12/21/2022   11,101    1,679 
 195   6228297,4.51%, 6/16/2024  12/21/2022   194    41 
 926   6228902,4.55%, 6/16/2024  12/21/2022   924    157 
 4,253   6231571,3.96%, 6/16/2024  12/21/2022   4,250    1,189 
 1,011   6235671,5.01%, 6/17/2024  12/22/2022   1,009    176 
 3,375   6236134,4.88%, 6/18/2024(e)  12/22/2022   3,370    493 
 99   6236111,4.36%, 6/18/2024  12/22/2022   99    11 
 372   6240064,4.87%, 6/19/2024  12/22/2022   372    92 
 413   6237529,5.05%, 6/19/2024  12/22/2022   412    74 
 1,665   6239916,5.21%, 6/19/2024  12/22/2022   1,657    350 
 1,038   6238813,5.16%, 6/19/2024(e)  12/22/2022   1,038    157 
 14,775   6239655,4.53%, 6/19/2024(e)  12/22/2022   14,770    1,035 
 236   6242309,4.66%, 6/20/2024  12/23/2022   234    49 
 865   6240932,4.99%, 6/20/2024  12/23/2022   855    (1,459)
 1,136   6242742,5.27%, 6/20/2024(e)  12/23/2022   1,136    123 
 10,423   6241695,5.21%, 6/20/2024(e)  12/23/2022   10,416    555 
 126   6240901,5.19%, 6/20/2024  12/23/2022   125    25 
 1,530   6242374,5.28%, 6/20/2024(e)  12/23/2022   1,529    278 
 1,049   6241408,5.08%, 6/20/2024  12/23/2022   1,048    262 
 2,322   6243918,5.05%, 6/21/2024  12/27/2022   2,312    188 
 589   6245655,5.05%, 6/21/2024  12/27/2022   584    (118)
 54,326   6244695,4.90%, 6/21/2024(e)  12/27/2022   54,300    7,668 
 1,150   6246028,4.87%, 6/21/2024  12/27/2022   1,127    (427)
 449   6245337,5.08%, 6/21/2024(e)  12/27/2022   443    39 
 314   6251802,4.40%, 6/22/2024  12/28/2022   313    (81)
 583   6249726,4.90%, 6/22/2024  12/28/2022   582    (116)
 286   6250581,4.43%, 6/22/2024(e)  12/28/2022   286    91 
 679   6251283,5.25%, 6/22/2024(e)  12/28/2022   678    102 
 652   6251169,5.30%, 6/22/2024  12/28/2022   651    57 
 6,867   6249889,4.62%, 6/22/2024(e)  12/28/2022   6,865    1,442 
 3,105   6249101,4.19%, 6/22/2024  12/28/2022   3,093    (24)
 4,967   6251929,4.62%, 6/22/2024  12/28/2022   4,959    (1,581)
 477   6252569,4.62%, 6/23/2024  12/29/2022   476    97 

 

See Notes to Financial Statements. 
20(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$16,856   6252588,4.90%, 6/23/2024(e)  12/29/2022  $16,851   $2,987 
 1,060   6252538,4.63%, 6/23/2024  12/29/2022   1,059    249 
 851   6255594,4.19%, 6/24/2024  12/30/2022   841    124 
 5,169   6255967,4.77%, 6/25/2024(e)  12/30/2022   5,167    847 
 2,654   6255769,4.39%, 6/25/2024(e)  12/30/2022   2,653    432 
 7,518   6256479,4.39%, 6/26/2024  12/30/2022   7,505    2,025 
 95   6257605,5.05%, 6/27/2024  12/30/2022   94    9 
 1,303   6257861,4.37%, 6/27/2024  12/30/2022   1,303    285 
 848   6260863,4.59%, 6/28/2024  1/3/2023   845    208 
 1,128   6262236,5.35%, 6/28/2024(e)  1/3/2023   1,120    275 
 1,085   6261854,5.06%, 6/28/2024(e)  1/3/2023   1,080    210 
 982   6260307,4.87%, 6/28/2024(e)  1/3/2023   946    242 
 4,078   6262073,4.59%, 6/28/2024(e)  1/3/2023   4,073    1,050 
 948   6261750,3.95%, 6/28/2024  1/3/2023   947    183 
 633   6260374,4.87%, 6/28/2024  1/3/2023   614    141 
 15,403   6261869,4.38%, 6/28/2024(e)  1/3/2023   15,378    2,964 
 4,414   6260586,5.21%, 6/28/2024(e)  1/3/2023   4,412    338 
 12,293   6262429,5.05%, 6/28/2024(e)  1/3/2023   12,262    1,913 
 736   6262631,4.88%, 6/28/2024  1/3/2023   735    183 
 1,350   6266448,4.52%, 6/29/2024  1/4/2023   1,347    361 
 2,864   6266216,5.23%, 6/29/2024(e)  1/4/2023   2,863    700 
 923   6267033,5.57%, 6/29/2024  1/4/2023   921    280 
 2,236   6268137,4.51%, 6/30/2024  1/5/2023   2,235    862 
 6,960   6270714,5.46%, 6/30/2024(e)  1/6/2023   6,957    1,195 
 2,837   6270913,5.43%, 6/30/2024(e)  1/6/2023   2,836    205 
 1,373   6270800,4.96%, 6/30/2024(e)  1/6/2023   1,373    288 
 4,080   6270177,4.52%, 6/30/2024  1/5/2023   4,078    712 
 982   6268335,5.71%, 6/30/2024(e)  1/5/2023   981    207 
 1,702   6271746,5.58%, 7/1/2024(e)  1/6/2023   1,701    470 
 529   6271285,5.73%, 7/1/2024  1/6/2023   527    95 
 4,516   6271768,5.35%, 7/1/2024(e)  1/6/2023   4,514    1,023 
 13,099   6272559,5.09%, 7/2/2024(e)  1/6/2023   13,094    1,644 
 719   6271793,5.10%, 7/2/2024(e)  1/6/2023   716    289 
 1,281   6272228,4.51%, 7/2/2024  1/6/2023   1,280    514 
 1,052   6272196,5.56%, 7/2/2024  1/6/2023   1,051    186 
 201   6275163,5.20%, 7/3/2024  1/6/2023   201    59 
 2,100   6275728,4.50%, 7/3/2024(e)  1/6/2023   2,099    772 
 4,934   6274868,5.42%, 7/3/2024(e)  1/6/2023   4,932    1,087 
 1,588   6275668,4.73%, 7/3/2024(e)  1/6/2023   1,587    100 
 2,669   6281113,5.45%, 7/5/2024(e)  1/10/2023   2,666    826 
 2,876   6281541,4.95%, 7/5/2024  1/10/2023   2,862    (286)
 4,360   6280599,5.35%, 7/5/2024  1/10/2023   4,354    1,245 
 6,584   6282395,5.23%, 7/5/2024  1/10/2023   6,577    2,696 
 5,550   6281143,5.63%, 7/5/2024(e)  1/10/2023   5,546    1,333 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202421

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$846   6285439,5.34%, 7/6/2024  1/11/2023  $846   $147 
 52,502   6285101,5.72%, 7/6/2024(e)  1/11/2023   52,450    8,102 
 28,031   6285712,4.52%, 7/6/2024(e)  1/11/2023   28,012    12,198 
 2,820   6286067,5.35%, 7/7/2024  1/12/2023   2,816    1,072 
 3,248   6289384,4.50%, 7/9/2024(e)  1/12/2023   3,245    1,533 
 1,517   6288389,4.72%, 7/9/2024  1/12/2023   1,515    689 
 560   6288588,5.36%, 7/9/2024(e)  1/12/2023   560    130 
 998   6287620,4.72%, 7/9/2024  1/12/2023   997    237 
 10,753   6287176,5.55%, 7/9/2024(e)  1/12/2023   10,748    875 
 422   6288848,4.71%, 7/9/2024  1/12/2023   421    164 
 8,269   6291523,5.39%, 7/10/2024  1/13/2023   8,256    2,486 
 2,153   6290775,4.94%, 7/10/2024(e)  1/13/2023   2,145    759 
 2,861   6291421,4.50%, 7/10/2024(e)  1/13/2023   2,860    826 
 106   6291110,4.75%, 7/10/2024  1/13/2023   106    22 
 867   6290390,5.43%, 7/10/2024(e)  1/13/2023   866    71 
 24,866   6291271,5.33%, 7/10/2024  1/13/2023   24,852    2,652 
 3,376   6292889,4.50%, 7/11/2024(e)  1/17/2023   3,373    596 
 1,008   6293989,5.69%, 7/11/2024(e)  1/17/2023   1,004    242 
 21,522   6294024,5.61%, 7/11/2024  1/17/2023   21,501    4,039 
 4,685   6298062,5.24%, 7/12/2024(e)  1/18/2023   4,683    1,183 
 1,663   6300439,4.96%, 7/12/2024(e)  1/18/2023   1,662    629 
 5,707   6300061,4.53%, 7/12/2024(e)  1/18/2023   5,702    2,543 
 756   6300357,5.41%, 7/12/2024(e)  1/18/2023   755    110 
 1,104   6298464,5.73%, 7/12/2024(e)  1/18/2023   1,102    115 
 8,855   6303736,5.58%, 7/14/2024(e)  1/20/2023   8,804    1,353 
 489   6304878,5.63%, 7/15/2024(e)  1/20/2023   489    79 
 14,223   6305178,5.34%, 7/16/2024(e)  1/20/2023   14,208    3,631 
 4,777   6307241,5.37%, 7/17/2024  1/20/2023   4,774    806 
 2,776   6307214,4.17%, 7/17/2024  1/20/2023   2,774    1,332 
 12,558   6307784,4.88%, 7/17/2024(e)  1/20/2023   12,552    3,370 
 1,513   6307211,4.17%, 7/17/2024  1/20/2023   1,512    703 
 71   6307013,5.73%, 7/17/2024  1/20/2023   70    28 
 95   6307296,5.28%, 7/17/2024  1/20/2023   95    31 
 32,115   6310940,4.60%, 7/18/2024(e)  1/23/2023   32,105    3,192 
 1,342   6310557,5.37%, 7/18/2024(e)  1/23/2023   1,341    143 
 23   6315040,4.62%, 7/19/2024  1/24/2023   23    17 
 449   6315357,4.62%, 7/19/2024  1/24/2023   447    299 
 1,452   6316556,5.39%, 7/20/2024  1/25/2023   1,451    279 
 26,730   6319938,4.62%, 7/21/2024(e)  1/26/2023   26,711    7,320 
 898   6319720,4.90%, 7/21/2024  1/26/2023   897    282 
 1,159   6320471,5.01%, 7/22/2024(e)  1/26/2023   1,150    434 
 5,285   6343487,4.88%, 7/23/2024  1/26/2023   5,277    2,597 
 822   6342042,5.11%, 7/23/2024  1/26/2023   821    212 
 8,686   6351548,4.17%, 7/23/2024  1/26/2023   8,683    2,914 

 

See Notes to Financial Statements. 
22(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$19,932   6353297,5.00%, 7/24/2024(e)  1/27/2023  $19,920   $5,687 
 17,308   6353071,4.60%, 7/24/2024(e)  1/27/2023   17,303    4,393 
 1,257   6354040,4.39%, 7/24/2024  1/27/2023   1,255    722 
 2,007   6353215,5.22%, 7/24/2024(e)  1/27/2023   2,006    285 
 342   6357476,5.06%, 7/25/2024  1/30/2023   342    84 
 7,026   6356012,4.60%, 7/25/2024(e)  1/30/2023   7,001    3,076 
 29,736   6356812,4.88%, 7/25/2024(e)  1/30/2023   29,646    9,721 
 1,086   6359315,4.40%, 7/26/2024  1/31/2023   1,081    657 
 1,184   6362016,5.22%, 7/26/2024(e)  1/31/2023   1,184    388 
 994   6359580,4.62%, 7/26/2024  1/31/2023   992    453 
 2,515   6362141,4.19%, 7/26/2024  1/31/2023   2,511    1,804 
 1,949   6360331,4.40%, 7/26/2024  1/31/2023   1,948    773 
 4,258   6364821,4.41%, 7/27/2024  2/1/2023   4,257    1,334 
 40,194   6363406,4.62%, 7/27/2024(e)  2/1/2023   40,162    12,849 
 2,296   6365780,5.10%, 7/28/2024(e)  2/2/2023   2,295    417 
 409   6366923,5.58%, 7/29/2024  2/2/2023   408    161 
 7,046   6370187,4.93%, 7/30/2024  2/2/2023   7,042    2,869 
 1,421   6370477,5.72%, 7/30/2024(e)  2/2/2023   1,420    199 
 4,506   6368292,5.61%, 7/30/2024  2/2/2023   4,502    1,144 
 1,289   6370345,5.69%, 7/30/2024  2/2/2023   1,288    308 
 1,781   6370758,5.08%, 7/31/2024  2/3/2023   1,779    895 
 3,441   6371615,5.70%, 7/31/2024(e)  2/3/2023   3,439    443 
 1,505   6372882,5.43%, 7/31/2024(e)  2/3/2023   1,504    233 
 1,699   6372786,5.42%, 7/31/2024(e)  2/3/2023   1,697    638 
 15,161   6372244,5.42%, 7/31/2024(e)  2/3/2023   15,156    1,983 
 1,484   6372598,5.55%, 7/31/2024  2/3/2023   1,478    273 
 331   6370969,5.21%, 7/31/2024  2/3/2023   325    207 
 346   6373072,5.52%, 7/31/2024  2/3/2023   345    91 
 778   6374374,5.09%, 8/1/2024  2/6/2023   768    443 
 933   6375669,5.39%, 8/1/2024(e)  2/6/2023   931    235 
 244   6379363,5.41%, 8/2/2024  2/7/2023   242    26 
 9,750   6378603,5.41%, 8/2/2024(e)  2/7/2023   9,741    2,924 
 3,282   6383681,5.35%, 8/3/2024  2/8/2023   3,279    915 
 567   6383769,5.65%, 8/3/2024(e)  2/8/2023   567    178 
 607   6384109,5.43%, 8/3/2024(e)  2/8/2023   607    56 
 542   6385039,5.36%, 8/3/2024(e)  2/8/2023   541    151 
 1,139   6385785,5.35%, 8/4/2024  2/9/2023   1,136    543 
 5,350   6385590,4.95%, 8/4/2024(e)  2/9/2023   5,346    1,154 
 762   6387703,4.93%, 8/6/2024  2/9/2023   745    580 
 15,049   6388659,5.70%, 8/6/2024(e)  2/9/2023   15,022    3,158 
 2,933   6387000,4.50%, 8/6/2024  2/9/2023   2,931    1,175 
 4,350   6389691,5.70%, 8/6/2024  2/9/2023   4,346    1,071 
 1,081   6394275,5.34%, 8/8/2024  2/13/2023   1,075    399 
 494   6399517,4.52%, 8/9/2024  2/14/2023   494    370 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202423

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$846   6399577,5.36%, 8/9/2024  2/14/2023  $845   $345 
 12,205   6397778,5.35%, 8/9/2024  2/14/2023   12,185    3,955 
 5,036   6402800,5.41%, 8/10/2024(e)  2/15/2023   5,033    509 
 2,509   6401086,4.95%, 8/10/2024  2/15/2023   2,506    1,497 
 560   6401233,5.45%, 8/10/2024(e)  2/15/2023   560    198 
 2,947   6403167,4.95%, 8/10/2024  2/15/2023   2,944    1,420 
 1,775   6402669,4.95%, 8/10/2024  2/15/2023   1,771    831 
 5,534   6404009,4.95%, 8/11/2024(e)  2/16/2023   5,530    2,424 
 122   6411073,5.72%, 8/14/2024  2/17/2023   121    58 
 3,339   6411582,4.17%, 8/14/2024  2/17/2023   3,335    2,369 
 10,544   6413950,5.55%, 8/15/2024(e)  2/21/2023   10,524    3,217 
 488   6414382,5.21%, 8/15/2024  2/21/2023   488    161 
 1,139   6413886,4.87%, 8/15/2024  2/21/2023   1,138    378 
 667   6412670,5.09%, 8/15/2024  2/21/2023   667    232 
 5,888   6420515,5.11%, 8/16/2024  2/22/2023   5,885    2,081 
 849   6418327,5.42%, 8/16/2024(e)  2/22/2023   849    119 
 309   6418444,5.73%, 8/16/2024(e)  2/22/2023   304    103 
 24,477   6417925,4.19%, 8/16/2024  2/22/2023   24,459    12,979 
 31,672   6423436,4.91%, 8/17/2024(e)  2/23/2023   31,659    6,901 
 15,367   6424180,5.11%, 8/18/2024  2/24/2023   15,332    3,412 
 20,930   6426376,5.10%, 8/20/2024(e)  2/24/2023   20,923    1,202 
 8,186   6425661,4.89%, 8/20/2024(e)  2/24/2023   8,183    1,416 
 1,623   6426064,5.01%, 8/20/2024  2/24/2023   1,615    1,402 
 1,008   6425869,4.61%, 8/20/2024(e)  2/24/2023   1,008    485 
 6,774   6425586,4.39%, 8/20/2024(e)  2/24/2023   6,767    1,594 
 1,317   6425522,4.88%, 8/20/2024(e)  2/24/2023   1,316    311 
 879   6428459,5.37%, 8/21/2024(e)  2/24/2023   878    165 
 2,346   6428749,4.88%, 8/21/2024  2/24/2023   2,334    1,388 
 18,366   6429864,4.60%, 8/21/2024(e)  2/24/2023   18,360    6,971 
 1,990   6428321,5.37%, 8/21/2024  2/24/2023   1,980    1,007 
 9,099   6436416,4.19%, 8/23/2024  2/28/2023   9,094    4,678 
 6,780   6439729,5.30%, 8/23/2024(e)  2/28/2023   6,776    1,770 
 686   6435539,4.40%, 8/23/2024  2/28/2023   684    251 
 5,249   6442605,4.40%, 8/24/2024  3/1/2023   5,241    3,447 
 8,148   6444293,4.62%, 8/24/2024  3/1/2023   8,134    6,329 
 2,049   6441497,4.62%, 8/24/2024  3/1/2023   2,045    1,530 
 2,823   6444598,5.35%, 8/25/2024  3/2/2023   2,805    1,596 
 519   6444347,5.11%, 8/25/2024  3/2/2023   517    386 
 526   6448813,5.70%, 8/27/2024(e)  3/2/2023   525    228 
 3,552   6451939,5.61%, 8/28/2024(e)  3/3/2023   3,549    1,042 
 532   6449954,5.34%, 8/28/2024  3/3/2023   529    308 
 3,366   6451522,5.54%, 8/28/2024(e)  3/3/2023   3,364    705 
 7,008   6451484,5.09%, 8/28/2024(e)  3/3/2023   7,005    1,699 
 1,873   6452467,4.50%, 8/28/2024  3/3/2023   1,871    1,064 

 

See Notes to Financial Statements. 
24(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,972   6454270,4.69%, 9/1/2024  3/6/2023  $1,967   $540 
 7,761   6454448,4.69%, 9/1/2024(e)  3/6/2023   7,749    5,046 
 964   6455076,4.47%, 9/1/2024  3/6/2023   954    822 
 829   6453954,5.30%, 9/1/2024(e)  3/6/2023   827    431 
 4,147   6454752,5.18%, 9/1/2024(e)  3/6/2023   4,116    887 
 17,462   6455203,5.58%, 9/1/2024(e)  3/6/2023   17,431    3,991 
 1,927   6454946,5.58%, 9/1/2024(e)  3/6/2023   1,921    318 
 3,463   6461977,5.41%, 9/3/2024  3/8/2023   3,461    512 
 303   6462144,5.69%, 9/3/2024(e)  3/8/2023   303    98 
 1,739   6462015,5.39%, 9/3/2024(e)  3/8/2023   1,734    383 
 452   6461052,5.69%, 9/3/2024  3/8/2023   430    266 
 16,130   6463978,4.92%, 9/4/2024  3/9/2023   16,112    5,945 
 546   6465366,4.91%, 9/5/2024(e)  3/9/2023   532    372 
 4,519   6464779,5.53%, 9/5/2024  3/9/2023   4,517    1,187 
 63   6467195,5.58%, 9/6/2024  3/9/2023   62    46 
 1,953   6467944,5.36%, 9/6/2024  3/9/2023   1,949    493 
 1,507   6467085,5.67%, 9/6/2024  3/9/2023   1,501    682 
 9,192   6467321,5.52%, 9/6/2024(e)  3/9/2023   9,189    1,257 
 6,573   6471143,4.69%, 9/7/2024(e)  3/10/2023   6,570    1,022 
 267   6471351,5.29%, 9/7/2024  3/10/2023   266    118 
 2,532   6472115,4.90%, 9/7/2024  3/10/2023   2,530    903 
 516   6473861,4.90%, 9/8/2024  3/13/2023   514    297 
 3,179   6472724,5.18%, 9/8/2024  3/13/2023   3,160    2,060 
 1,314   6474175,5.06%, 9/8/2024  3/13/2023   1,309    716 
 4,535   6474232,5.58%, 9/8/2024  3/13/2023   4,532    1,067 
 1,798   6475214,5.51%, 9/8/2024(e)  3/13/2023   1,797    427 
 468   6478647,5.62%, 9/9/2024  3/14/2023   467    203 
 25,164   6481185,4.92%, 9/9/2024(e)  3/14/2023   25,149    10,073 
 490   6479889,4.71%, 9/9/2024  3/14/2023   482    452 
 330   6479453,5.67%, 9/9/2024  3/14/2023   330    92 
 4,604   6477777,5.38%, 9/9/2024  3/14/2023   4,596    2,565 
 10,098   6483841,5.20%, 9/10/2024(e)  3/15/2023   10,095    1,125 
 2,662   6483201,5.41%, 9/10/2024  3/15/2023   2,660    922 
 5,868   6483893,4.49%, 9/10/2024(e)  3/15/2023   5,866    1,863 
 1,193   6484845,4.93%, 9/10/2024  3/15/2023   1,192    564 
 5,007   6483354,5.32%, 9/10/2024  3/15/2023   5,002    1,672 
 34,878   6484998,4.71%, 9/11/2024(e)  3/16/2023   34,853    13,962 
 1,034   6485679,5.07%, 9/11/2024(e)  3/16/2023   1,032    736 
 918   6486274,5.53%, 9/12/2024  3/16/2023   916    645 
 1,743   6489917,4.85%, 9/13/2024(e)  3/16/2023   1,743    115 
 5,258   6489914,4.73%, 9/13/2024(e)  3/16/2023   5,257    762 
 728   6489797,5.36%, 9/13/2024  3/16/2023   726    217 
 687   6489904,4.36%, 9/13/2024(e)  3/16/2023   687    420 
 8,961   6489913,4.15%, 9/13/2024  3/16/2023   8,959    3,090 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202425

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,899   6489897,5.19%, 9/13/2024(e)  3/16/2023  $3,895   $1,087 
 4,771   6491893,4.48%, 9/14/2024(e)  3/17/2023   4,770    1,572 
 20,554   6493333,4.58%, 9/14/2024(e)  3/17/2023   20,546    5,670 
 9,913   6490463,5.06%, 9/14/2024  3/17/2023   9,899    6,285 
 2,706   6493622,5.52%, 9/14/2024  3/17/2023   2,704    755 
 1,153   6495759,5.18%, 9/15/2024(e)  3/20/2023   1,149    310 
 1,945   6495045,4.82%, 9/15/2024(e)  3/20/2023   1,936    869 
 54,953   6499148,5.27%, 9/16/2024(e)  3/21/2023   54,919    14,775 
 1,193   6500526,4.76%, 9/16/2024(e)  3/21/2023   1,191    384 
 56   6506312,5.27%, 9/18/2024  3/23/2023   55    37 
 2,867   6506492,5.35%, 9/19/2024(e)  3/23/2023   2,864    836 
 368   6508031,4.37%, 9/20/2024(e)  3/23/2023   367    115 
 376   6509324,4.37%, 9/20/2024  3/23/2023   375    326 
 754   6509017,4.15%, 9/20/2024  3/23/2023   750    725 
 2,759   6509258,4.15%, 9/20/2024  3/23/2023   2,757    1,903 
 2,362   6509815,4.58%, 9/20/2024(e)  3/23/2023   2,360    1,795 
 419   6513878,4.15%, 9/21/2024  3/24/2023   418    336 
 180   6513984,4.35%, 9/21/2024(e)  3/24/2023   180    88 
 2,033   6511110,5.34%, 9/21/2024(e)  3/24/2023   2,032    186 
 675   6513377,5.49%, 9/21/2024(e)  3/24/2023   674    216 
 3,256   6516671,4.36%, 9/22/2024  3/27/2023   3,214    2,985 
 274   6515390,5.19%, 9/22/2024  3/27/2023   273    174 
 2,195   6516895,4.73%, 9/22/2024  3/27/2023   2,193    1,411 
 5,924   6514236,4.15%, 9/22/2024(e)  3/27/2023   5,921    3,361 
 1,179   6515557,5.19%, 9/22/2024(e)  3/27/2023   1,175    559 
 878   6519935,5.06%, 9/23/2024(e)  3/28/2023   878    182 
 2,171   6519651,4.39%, 9/23/2024(e)  3/28/2023   2,170    320 
 7,543   6520303,5.21%, 9/23/2024(e)  3/28/2023   7,538    3,237 
 3,657   6523178,4.22%, 9/24/2024  3/29/2023   3,655    2,270 
 6,067   6524460,4.74%, 9/24/2024(e)  3/29/2023   6,065    1,153 
 71   6526148,4.40%, 9/25/2024  3/30/2023   70    44 
 1,115   6526608,5.67%, 9/26/2024(e)  3/30/2023   1,114    190 
 10,788   6526761,4.98%, 9/26/2024(e)  3/30/2023   10,785    1,028 
 1,660   6526825,4.74%, 9/26/2024  3/30/2023   1,660    536 
 8,030   6526612,5.20%, 9/26/2024(e)  3/30/2023   8,027    1,781 
 2,071   6528823,4.14%, 9/27/2024  3/30/2023   2,070    1,075 
 2,464   6528693,5.03%, 9/27/2024(e)  3/30/2023   2,452    687 
 1,642   6527960,4.97%, 9/27/2024  3/30/2023   1,638    1,082 
 1,945   6528496,4.15%, 9/27/2024  3/30/2023   1,944    1,265 
 9,688   6532820,4.58%, 9/28/2024(e)  3/31/2023   9,680    5,158 
 5,669   6532596,4.97%, 9/28/2024(e)  3/31/2023   5,667    1,715 
 36   6534140,4.15%, 9/28/2024  3/31/2023   36    35 
 88   6537867,5.45%, 9/29/2024(e)  4/3/2023   87    18 
 33,583   6541745,4.49%, 9/30/2024  4/4/2023   33,326    14,052 

 

See Notes to Financial Statements. 
26(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$126   6541272,4.74%, 9/30/2024  4/4/2023  $125   $38 
 5,835   6544379,4.93%, 9/30/2024  4/5/2023   5,831    2,115 
 495   6543585,5.19%, 9/30/2024  4/5/2023   494    285 
 455   6541219,4.92%, 9/30/2024  4/4/2023   453    406 
 3,763   6542753,5.60%, 9/30/2024  4/4/2023   3,757    1,734 
 1,108   6540323,5.39%, 9/30/2024(e)  4/4/2023   1,106    554 
 344   6542890,5.42%, 9/30/2024(e)  4/4/2023   343    248 
 6,319   6546234,4.99%, 9/30/2024(e)  4/5/2023   6,318    1,183 
 1,334   6540003,4.70%, 9/30/2024(e)  4/4/2023   1,333    632 
 1,959   6540116,4.99%, 9/30/2024  4/4/2023   1,958    920 
 344   6547188,4.80%, 10/1/2024  4/6/2023   342    277 
 3,829   6547251,4.81%, 10/1/2024(e)  4/6/2023   3,826    1,842 
 1,642   6547151,4.70%, 10/1/2024(e)  4/6/2023   1,641    142 
 766   6546897,5.86%, 10/1/2024  4/6/2023   766    273 
 716   6547651,5.60%, 10/2/2024  4/6/2023   709    398 
 479   6547672,4.80%, 10/2/2024(e)  4/6/2023   477    326 
 346   6551212,5.67%, 10/3/2024  4/6/2023   346    93 
 1,755   6548455,4.48%, 10/3/2024  4/6/2023   1,752    1,547 
 11,266   6549019,4.97%, 10/3/2024(e)  4/6/2023   11,263    2,167 
 11,176   6554976,5.68%, 10/4/2024(e)  4/7/2023   11,171    1,470 
 1,852   6552781,4.69%, 10/4/2024(e)  4/7/2023   1,850    229 
 2,699   6553110,4.71%, 10/4/2024(e)  4/7/2023   2,698    367 
 4,945   6557352,5.59%, 10/5/2024(e)  4/10/2023   4,928    1,939 
 435   6557513,5.17%, 10/5/2024  4/10/2023   435    293 
 2,129   6555688,5.41%, 10/5/2024  4/10/2023   2,125    696 
 712   6556727,5.53%, 10/5/2024  4/10/2023   712    288 
 30,962   6557977,5.19%, 10/5/2024(e)  4/10/2023   30,909    19,026 
 961   6561481,6.09%, 10/6/2024  4/11/2023   960    285 
 2,223   6560836,5.43%, 10/6/2024(e)  4/11/2023   2,221    1,016 
 2,974   6559875,5.33%, 10/6/2024  4/11/2023   2,971    1,122 
 600   6560248,5.19%, 10/6/2024  4/11/2023   599    229 
 16,718   6560281,5.61%, 10/6/2024(e)  4/11/2023   16,710    1,586 
 4,057   6565764,5.39%, 10/7/2024(e)  4/12/2023   4,055    282 
 1,427   6564796,4.50%, 10/7/2024  4/12/2023   1,426    1,009 
 4,325   6563871,4.72%, 10/7/2024(e)  4/12/2023   4,323    615 
 4,825   6565542,4.63%, 10/7/2024(e)  4/12/2023   4,823    2,633 
 13,689   6564192,4.72%, 10/7/2024  4/12/2023   13,667    9,276 
 111   6565485,5.70%, 10/7/2024  4/12/2023   108    102 
 623   6565712,5.15%, 10/7/2024(e)  4/12/2023   622    436 
 1,619   6563395,5.39%, 10/7/2024(e)  4/12/2023   1,618    308 
 280   6566787,4.99%, 10/8/2024  4/13/2023   280    254 
 1,935   6566854,4.90%, 10/8/2024  4/13/2023   1,933    1,608 
 1,516   6566712,4.72%, 10/8/2024  4/13/2023   1,513    1,274 
 499   6567474,5.54%, 10/9/2024  4/13/2023   497    268 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202427

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$852   6567104,4.92%, 10/9/2024  4/13/2023  $851   $563 
 468   6567174,5.14%, 10/9/2024  4/13/2023   467    409 
 9,481   6567194,5.14%, 10/9/2024  4/13/2023   9,461    6,677 
 572   6569288,4.88%, 10/10/2024  4/13/2023   571    426 
 4,424   6567786,4.88%, 10/10/2024  4/13/2023   4,422    1,932 
 1,185   6568035,4.91%, 10/10/2024  4/13/2023   1,183    713 
 1,345   6569107,5.20%, 10/10/2024  4/13/2023   1,344    781 
 7,887   6568201,4.70%, 10/10/2024(e)  4/13/2023   7,877    3,898 
 5,056   6567602,5.68%, 10/10/2024(e)  4/13/2023   5,050    1,101 
 5,912   6567630,5.49%, 10/10/2024(e)  4/13/2023   5,910    1,379 
 10,307   6569338,5.16%, 10/10/2024  4/13/2023   10,299    4,352 
 1,648   6573555,5.59%, 10/11/2024  4/14/2023   1,646    957 
 1,994   6573501,5.50%, 10/11/2024(e)  4/14/2023   1,993    572 
 8,099   6573662,4.27%, 10/11/2024  4/14/2023   8,095    5,178 
 308   6572514,4.78%, 10/11/2024  4/14/2023   307    271 
 3,922   6573377,5.49%, 10/11/2024(e)  4/14/2023   3,919    1,714 
 1,294   6575183,4.87%, 10/12/2024  4/17/2023   1,292    569 
 1,164   6576268,5.69%, 10/12/2024  4/17/2023   1,161    640 
 971   6577285,4.70%, 10/12/2024  4/17/2023   965    941 
 6,673   6577106,4.88%, 10/12/2024  4/17/2023   6,666    5,061 
 2,171   6575892,5.37%, 10/12/2024  4/17/2023   2,165    1,010 
 3,676   6581848,4.90%, 10/13/2024  4/18/2023   3,673    2,466 
 1,030   6580452,4.89%, 10/13/2024(e)  4/18/2023   1,029    508 
 1,398   6586057,5.33%, 10/14/2024  4/19/2023   1,397    665 
 437   6585256,5.70%, 10/14/2024  4/19/2023   435    385 
 2,887   6586742,3.96%, 10/15/2024  4/20/2023   2,886    1,477 
 1,131   6586656,5.93%, 10/15/2024(e)  4/20/2023   1,130    283 
 1,112   6586775,5.19%, 10/15/2024(e)  4/20/2023   1,111    404 
 1,936   6586596,4.56%, 10/15/2024  4/20/2023   1,935    951 
 7,097   6587130,5.70%, 10/15/2024(e)  4/20/2023   7,094    714 
 638   6587306,4.29%, 10/16/2024  4/20/2023   637    587 
 2,153   6587429,4.82%, 10/16/2024(e)  4/20/2023   2,153    626 
 980   6587321,5.94%, 10/16/2024  4/20/2023   978    585 
 3,048   6587868,4.28%, 10/16/2024  4/20/2023   3,047    1,568 
 88   6587785,5.17%, 10/16/2024  4/20/2023   80    79 
 746   6587918,5.36%, 10/16/2024  4/20/2023   745    487 
 2,150   6590217,5.75%, 10/17/2024(e)  4/20/2023   2,134    359 
 1,993   6590717,4.80%, 10/17/2024  4/20/2023   1,987    1,767 
 239   6589275,5.53%, 10/17/2024  4/20/2023   239    83 
 627   6590300,5.06%, 10/17/2024(e)  4/20/2023   626    100 
 8,820   6590113,4.28%, 10/17/2024(e)  4/20/2023   8,818    3,431 
 582   6588234,5.75%, 10/17/2024(e)  4/20/2023   579    105 
 17,628   6589860,5.31%, 10/17/2024(e)  4/20/2023   17,607    6,319 
 4,343   6592943,5.05%, 10/18/2024  4/21/2023   4,339    1,734 

 

See Notes to Financial Statements. 
28(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$463   6592432,5.16%, 10/18/2024  4/21/2023  $462   $334 
 2,169   6591463,4.98%, 10/18/2024  4/21/2023   2,163    1,060 
 2,279   6593332,5.13%, 10/18/2024(e)  4/21/2023   2,277    1,075 
 191   6592303,5.84%, 10/18/2024  4/21/2023   162    156 
 3,012   6593373,5.60%, 10/18/2024(e)  4/21/2023   3,010    758 
 719   6592484,4.98%, 10/18/2024  4/21/2023   717    658 
 5,348   6592817,4.98%, 10/18/2024  4/21/2023   5,343    3,124 
 677   6595921,5.13%, 10/19/2024  4/24/2023   673    629 
 5,502   6595960,4.28%, 10/19/2024  4/24/2023   5,499    3,127 
 8,348   6596394,5.83%, 10/19/2024(e)  4/24/2023   8,344    1,827 
 1,040   6595802,4.28%, 10/19/2024(e)  4/24/2023   1,032    768 
 743   6595931,4.37%, 10/19/2024  4/24/2023   741    138 
 4,859   6596093,4.55%, 10/19/2024  4/24/2023   4,797    4,218 
 833   6601640,5.18%, 10/20/2024  4/25/2023   831    718 
 8,740   6599218,4.81%, 10/20/2024(e)  4/25/2023   8,738    1,465 
 991   6601579,5.01%, 10/20/2024  4/25/2023   991    582 
 1,714   6599870,5.36%, 10/20/2024(e)  4/25/2023   1,712    624 
 1,594   6601682,4.38%, 10/20/2024  4/25/2023   1,592    572 
 608   6602173,4.37%, 10/21/2024(e)  4/26/2023   606    127 
 1,321   6602224,4.83%, 10/21/2024  4/26/2023   1,320    573 
 1,547   6602340,4.39%, 10/21/2024(e)  4/26/2023   1,546    360 
 1,218   6602559,4.84%, 10/21/2024  4/26/2023   1,217    886 
 639   6601770,5.43%, 10/21/2024(e)  4/26/2023   638    88 
 815   6604050,4.29%, 10/21/2024  4/26/2023   814    761 
 2,594   6601870,5.63%, 10/21/2024(e)  4/26/2023   2,589    453 
 2,629   6601841,5.05%, 10/21/2024(e)  4/26/2023   2,624    425 
 2,372   6601817,4.29%, 10/21/2024  4/26/2023   2,371    1,639 
 2,336   6603145,4.29%, 10/21/2024  4/26/2023   2,334    2,073 
 956   6604592,4.58%, 10/22/2024  4/27/2023   956    834 
 217   6605095,5.16%, 10/23/2024  4/27/2023   217    191 
 382   6606946,4.36%, 10/24/2024(e)  4/27/2023   380    81 
 4,338   6607316,4.80%, 10/24/2024(e)  4/27/2023   4,337    1,910 
 2,150   6608336,4.55%, 10/24/2024(e)  4/27/2023   2,150    1,118 
 11,602   6608374,4.55%, 10/24/2024  4/27/2023   11,583    8,477 
 537   6607374,5.74%, 10/24/2024  4/27/2023   537    153 
 19   6608585,4.55%, 10/24/2024  4/27/2023   19    18 
 536   6608354,5.35%, 10/24/2024  4/27/2023   536    179 
 647   6606003,4.80%, 10/24/2024  4/27/2023   646    537 
 19   6607712,4.28%, 10/24/2024  4/27/2023   17    18 
 3,760   6609826,5.17%, 10/25/2024  4/28/2023   3,758    1,812 
 4,046   6611552,4.28%, 10/25/2024  4/28/2023   4,042    3,080 
 14,458   6611193,4.80%, 10/25/2024  4/28/2023   14,443    11,056 
 2,021   6610253,5.59%, 10/25/2024(e)  4/28/2023   2,019    398 
 1,418   6610181,4.28%, 10/25/2024  4/28/2023   1,413    1,274 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202429

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,806   6609731,5.35%, 10/25/2024  4/28/2023  $2,803   $1,166 
 772   6614732,4.98%, 10/26/2024(e)  5/1/2023   745    714 
 970   6613440,5.98%, 10/26/2024  5/1/2023   968    274 
 771   6611845,5.82%, 10/26/2024  5/1/2023   770    218 
 298   6613435,5.01%, 10/26/2024  5/1/2023   298    176 
 599   6612899,5.59%, 10/26/2024  5/1/2023   596    377 
 251   6614164,4.37%, 10/26/2024  5/1/2023   246    173 
 3,431   6613475,4.80%, 10/26/2024  5/1/2023   3,417    1,966 
 817   6614833,5.04%, 10/26/2024(e)  5/1/2023   817    162 
 2,348   6618943,6.20%, 10/27/2024(e)  5/2/2023   2,348    205 
 613   6617526,4.71%, 10/27/2024  5/2/2023   611    298 
 12,355   6619863,5.33%, 10/27/2024(e)  5/2/2023   12,347    5,140 
 6,643   6619746,4.72%, 10/27/2024(e)  5/2/2023   6,640    427 
 2,843   6619174,5.52%, 10/27/2024  5/2/2023   2,840    1,810 
 504   6619229,4.62%, 10/27/2024  5/2/2023   503    476 
 3,670   6620229,5.95%, 10/27/2024  5/2/2023   3,668    1,312 
 3,718   6620107,4.90%, 10/27/2024  5/2/2023   3,716    2,335 
 9,190   6622359,5.52%, 10/28/2024  5/3/2023   9,181    3,598 
 1,754   6621369,4.62%, 10/28/2024  5/3/2023   1,747    1,715 
 70   6622068,5.35%, 10/28/2024  5/3/2023   69    64 
 2,622   6623357,6.35%, 10/28/2024(e)  5/3/2023   2,621    463 
 162   6620982,4.61%, 10/28/2024  5/3/2023   161    153 
 5,239   6623468,5.15%, 10/28/2024  5/3/2023   5,236    2,558 
 5,992   6622515,5.39%, 10/28/2024  5/3/2023   5,988    1,386 
 3,535   6621215,5.70%, 10/28/2024  5/3/2023   3,516    2,492 
 72   6624382,4.74%, 10/29/2024  5/4/2023   72    49 
 1,445   6624264,4.72%, 10/29/2024(e)  5/4/2023   1,444    350 
 803   6624714,4.90%, 10/29/2024  5/4/2023   801    760 
 3,514   6624174,4.63%, 10/29/2024  5/4/2023   3,511    2,716 
 25,058   6625400,5.14%, 10/30/2024(e)  5/4/2023   25,047    5,076 
 1,067   6625209,4.61%, 10/30/2024(e)  5/4/2023   1,065    768 
 13,835   6628515,4.87%, 11/1/2024  5/4/2023   13,817    12,244 
 3,414   6628068,6.06%, 11/1/2024(e)  5/4/2023   3,411    907 
 904   6627689,5.91%, 11/1/2024(e)  5/4/2023   901    700 
 8,058   6627736,5.30%, 11/1/2024  5/4/2023   8,047    6,469 
 1,124   6628061,4.59%, 11/1/2024  5/4/2023   1,122    879 
 2,505   6627088,5.12%, 11/1/2024(e)  5/4/2023   2,504    1,498 
 1,320   6627574,4.69%, 11/1/2024  5/4/2023   1,318    503 
 577   6626284,5.12%, 11/1/2024  5/4/2023   568    514 
 6,754   6629105,5.67%, 11/1/2024(e)  5/4/2023   6,752    1,514 
 4,783   6627633,5.12%, 11/1/2024(e)  5/4/2023   4,779    1,098 
 18,178   6631036,4.87%, 11/2/2024(e)  5/5/2023   18,173    5,637 
 4,586   6631143,5.30%, 11/2/2024  5/5/2023   4,580    3,687 
 304   6631544,5.36%, 11/2/2024  5/5/2023   303    92 

 

See Notes to Financial Statements. 
30(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,219   6632494,6.16%, 11/2/2024  5/5/2023  $6,214   $1,971 
 1,036   6631395,5.92%, 11/2/2024(e)  5/5/2023   1,018    489 
 732   6631939,6.15%, 11/2/2024  5/5/2023   731    326 
 26,296   6632014,5.67%, 11/2/2024  5/5/2023   26,266    11,134 
 4,630   6633134,5.30%, 11/3/2024  5/8/2023   4,566    4,107 
 9,856   6635593,4.87%, 11/3/2024  5/8/2023   9,853    4,468 
 1,302   6635386,4.88%, 11/3/2024  5/8/2023   1,297    1,060 
 308   6634993,4.66%, 11/3/2024  5/8/2023   307    76 
 4,834   6634488,4.69%, 11/3/2024(e)  5/8/2023   4,818    1,576 
 109   6634678,5.51%, 11/3/2024  5/8/2023   109    101 
 1,143   6633416,4.60%, 11/3/2024  5/8/2023   1,141    1,017 
 8,122   6638331,6.34%, 11/4/2024(e)  5/9/2023   8,113    3,034 
 158   6639061,4.89%, 11/4/2024  5/9/2023   157    154 
 212   6640134,5.41%, 11/4/2024(e)  5/9/2023   212    71 
 9,101   6640916,5.69%, 11/4/2024  5/9/2023   9,096    3,137 
 10,128   6643866,4.89%, 11/5/2024  5/10/2023   10,116    8,165 
 635   6643116,5.32%, 11/5/2024  5/10/2023   635    397 
 948   6641749,4.72%, 11/5/2024  5/10/2023   947    302 
 949   6643287,5.94%, 11/5/2024(e)  5/10/2023   949    249 
 704   6643291,5.37%, 11/5/2024  5/10/2023   703    179 
 846   6642925,5.68%, 11/5/2024  5/10/2023   844    526 
 315   6643397,6.18%, 11/5/2024  5/10/2023   314    242 
 588   6644607,5.70%, 11/6/2024  5/11/2023   587    228 
 1,613   6644630,6.17%, 11/6/2024(e)  5/11/2023   1,612    252 
 1,028   6645182,6.33%, 11/6/2024(e)  5/11/2023   1,026    329 
 396   6648912,5.12%, 11/8/2024  5/11/2023   394    373 
 2,121   6649331,4.60%, 11/8/2024  5/11/2023   2,118    1,956 
 1,852   6647201,5.49%, 11/8/2024(e)  5/11/2023   1,846    1,650 
 2,031   6648542,4.60%, 11/8/2024  5/11/2023   2,030    1,654 
 1,408   6648214,6.17%, 11/8/2024(e)  5/11/2023   1,407    249 
 892   6646135,4.72%, 11/8/2024(e)  5/11/2023   891    96 
 6,417   6649049,6.16%, 11/8/2024  5/11/2023   6,408    2,388 
 2,458   6647172,5.31%, 11/8/2024  5/11/2023   2,456    1,151 
 1,741   6647501,5.67%, 11/8/2024  5/11/2023   1,739    1,278 
 164   6652217,6.15%, 11/9/2024(e)  5/12/2023   162    144 
 1,986   6652104,4.69%, 11/9/2024(e)  5/12/2023   1,984    512 
 3,959   6652003,5.49%, 11/9/2024  5/12/2023   3,957    1,597 
 5,243   6653939,5.49%, 11/10/2024(e)  5/15/2023   5,239    1,141 
 597   6655073,5.37%, 11/10/2024  5/15/2023   587    181 
 10,424   6654927,6.31%, 11/10/2024  5/15/2023   10,355    3,388 
 576   6654612,6.16%, 11/10/2024(e)  5/15/2023   575    165 
 17,005   6653185,4.87%, 11/10/2024  5/15/2023   16,956    9,140 
 6,194   6653594,4.60%, 11/10/2024(e)  5/15/2023   6,192    3,179 
 1,592   6659741,4.70%, 11/11/2024(e)  5/16/2023   1,591    260 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202431

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$12,462   6659571,5.51%, 11/11/2024(e)  5/16/2023  $12,437   $4,103 
 5,705   6661112,6.34%, 11/11/2024(e)  5/16/2023   5,700    1,869 
 2,055   6657801,5.32%, 11/11/2024(e)  5/16/2023   2,051    976 
 3,086   6658672,5.69%, 11/11/2024  5/16/2023   3,082    1,735 
 18,313   6662313,5.60%, 11/12/2024(e)  5/17/2023   18,302    6,175 
 3,010   6661727,5.05%, 11/12/2024  5/17/2023   3,008    805 
 1,711   6662238,4.56%, 11/12/2024  5/17/2023   1,710    1,347 
 480   6662170,5.04%, 11/12/2024  5/17/2023   479    233 
 167   6664647,5.58%, 11/12/2024  5/17/2023   167    133 
 1,960   6665004,5.84%, 11/13/2024  5/18/2023   1,957    720 
 871   6665294,6.17%, 11/13/2024(e)  5/18/2023   868    202 
 600   6665480,5.74%, 11/13/2024(e)  5/18/2023   600    114 
 2,252   6665682,4.38%, 11/14/2024(e)  5/18/2023   2,251    464 
 106   6665598,4.99%, 11/14/2024  5/18/2023   105    97 
 2,107   6665625,5.99%, 11/14/2024(e)  5/18/2023   2,101    846 
 5,705   6665799,5.50%, 11/14/2024(e)  5/18/2023   5,704    705 
 4,208   6669144,5.98%, 11/15/2024  5/18/2023   4,185    2,148 
 751   6667079,5.05%, 11/15/2024  5/18/2023   751    204 
 4,424   6669259,5.58%, 11/15/2024(e)  5/18/2023   4,422    1,803 
 1,667   6669684,4.37%, 11/15/2024(e)  5/18/2023   1,666    337 
 1,722   6669103,5.58%, 11/15/2024  5/18/2023   1,720    908 
 3,478   6667366,5.74%, 11/15/2024  5/18/2023   3,473    1,284 
 161   6669255,4.35%, 11/15/2024  5/18/2023   160    119 
 13   6667245,4.34%, 11/15/2024(e)  5/18/2023   12    10 
 10   6669730,4.27%, 11/15/2024  5/18/2023   9    9 
 4,848   6669360,5.74%, 11/15/2024(e)  5/18/2023   4,842    1,792 
 680   6668458,5.15%, 11/15/2024  5/18/2023   679    365 
 18,923   6668827,4.97%, 11/15/2024  5/18/2023   18,913    8,348 
 1,283   6671999,5.03%, 11/16/2024(e)  5/19/2023   1,283    141 
 5,509   6670054,4.27%, 11/16/2024  5/19/2023   5,502    3,116 
 1,194   6672695,5.58%, 11/16/2024(e)  5/19/2023   1,192    877 
 113   6672516,5.84%, 11/16/2024  5/19/2023   112    100 
 983   6673239,5.59%, 11/16/2024  5/19/2023   982    602 
 980   6672495,5.59%, 11/16/2024  5/19/2023   979    432 
 412   6672422,5.34%, 11/16/2024  5/19/2023   411    317 
 2,310   6670625,4.55%, 11/16/2024  5/19/2023   2,306    2,229 
 10,756   6673927,4.55%, 11/17/2024  5/22/2023   10,712    9,204 
 5,864   6675364,5.34%, 11/17/2024  5/22/2023   5,855    2,365 
 11,697   6673774,4.55%, 11/17/2024(e)  5/22/2023   11,690    4,256 
 389   6676234,5.58%, 11/17/2024  5/22/2023   382    315 
 793   6675144,5.16%, 11/17/2024  5/22/2023   793    442 
 3,449   6679599,5.17%, 11/18/2024  5/23/2023   3,446    2,083 
 23,369   6681460,6.00%, 11/18/2024(e)  5/23/2023   23,355    5,259 
 1,312   6679767,4.56%, 11/18/2024  5/23/2023   1,312    1,062 

 

See Notes to Financial Statements. 
32(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$395   6681652,5.78%, 11/18/2024(e)  5/23/2023  $394   $171 
 285   6680014,5.60%, 11/18/2024  5/23/2023   284    233 
 2,799   6681375,5.36%, 11/18/2024  5/23/2023   2,798    1,019 
 190   6681590,5.18%, 11/18/2024  5/23/2023   189    177 
 215   6680048,5.07%, 11/18/2024  5/23/2023   212    135 
 10,080   6678376,4.81%, 11/18/2024(e)  5/23/2023   10,077    3,165 
 603   6682260,4.99%, 11/19/2024  5/24/2023   603    412 
 3,338   6683095,4.56%, 11/19/2024(e)  5/24/2023   3,335    1,320 
 88   6682337,4.81%, 11/19/2024  5/24/2023   86    84 
 872   6684396,4.57%, 11/19/2024  5/24/2023   871    704 
 3,712   6684479,5.36%, 11/19/2024  5/24/2023   3,708    2,423 
 1,095   6684881,5.18%, 11/19/2024  5/24/2023   1,093    773 
 940   6682309,5.18%, 11/19/2024  5/24/2023   939    384 
 10,139   6682909,4.81%, 11/19/2024(e)  5/24/2023   10,136    1,747 
 2,446   6684274,5.17%, 11/19/2024  5/24/2023   2,442    2,000 
 4,269   6684436,4.38%, 11/19/2024(e)  5/24/2023   4,266    1,146 
 1,752   6685404,4.29%, 11/20/2024  5/25/2023   1,747    1,702 
 453   6685605,5.18%, 11/20/2024  5/25/2023   453    277 
 1,664   6685390,4.80%, 11/20/2024(e)  5/25/2023   1,663    545 
 8,732   6685965,4.98%, 11/21/2024(e)  5/25/2023   8,728    3,180 
 1,281   6686204,5.35%, 11/21/2024  5/25/2023   1,280    603 
 2,645   6686055,4.28%, 11/21/2024  5/25/2023   2,644    1,855 
 11,546   6686233,4.55%, 11/21/2024(e)  5/25/2023   11,542    5,587 
 1,951   6686222,4.37%, 11/21/2024(e)  5/25/2023   1,950    257 
 31,745   6685799,5.35%, 11/21/2024(e)  5/25/2023   31,725    7,351 
 311   6686183,5.35%, 11/21/2024  5/25/2023   309    274 
 9,340   6688277,4.97%, 11/22/2024  5/25/2023   9,317    7,948 
 294   6687564,4.37%, 11/22/2024  5/25/2023   293    227 
 1,224   6686694,4.27%, 11/22/2024  5/25/2023   1,223    1,062 
 2,163   6689088,5.59%, 11/22/2024  5/25/2023   2,161    635 
 6,110   6689123,4.27%, 11/22/2024(e)  5/25/2023   6,109    2,553 
 2,717   6688862,5.82%, 11/22/2024(e)  5/25/2023   2,710    2,186 
 5,693   6688195,5.16%, 11/22/2024(e)  5/25/2023   5,690    2,033 
 439   6686507,5.98%, 11/22/2024(e)  5/25/2023   438    157 
 13,956   6693041,4.79%, 11/23/2024(e)  5/26/2023   13,952    5,932 
 1,427   6691666,4.54%, 11/23/2024  5/26/2023   1,424    1,384 
 315   6693221,4.54%, 11/23/2024  5/26/2023   314    308 
 2,231   6690186,4.97%, 11/23/2024  5/26/2023   2,219    2,041 
 257   6692957,4.34%, 11/23/2024  5/26/2023   256    143 
 621   6693431,5.16%, 11/24/2024  5/30/2023   619    580 
 21,241   6693809,4.27%, 11/24/2024(e)  5/30/2023   21,233    9,829 
 9,884   6699986,5.00%, 11/25/2024(e)  5/31/2023   9,881    3,617 
 56   6703292,4.39%, 11/25/2024  5/31/2023   56    44 
 6,517   6700418,4.82%, 11/25/2024  5/31/2023   6,513    4,409 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202433

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$75   6703169,4.56%, 11/25/2024  5/31/2023  $74   $73 
 17,162   6700951,4.29%, 11/25/2024(e)  5/31/2023   17,157    7,812 
 373   6700851,5.60%, 11/25/2024(e)  5/31/2023   373    213 
 16,555   6702166,4.29%, 11/25/2024  5/31/2023   16,549    7,976 
 4,173   6701544,4.82%, 11/25/2024  5/31/2023   4,170    2,400 
 261   6701495,5.63%, 11/25/2024  5/31/2023   261    216 
 580   6700298,4.82%, 11/25/2024  5/31/2023   579    492 
 971   6702474,5.05%, 11/25/2024(e)  5/31/2023   970    219 
 212   6700603,5.88%, 11/25/2024  5/31/2023   211    173 
 2,100   6702443,5.07%, 11/25/2024(e)  5/31/2023   2,099    226 
 636   6701429,4.57%, 11/25/2024  5/31/2023   636    447 
 3,247   6707006,5.00%, 11/26/2024  6/1/2023   3,245    1,947 
 1,388   6707147,5.06%, 11/26/2024  6/1/2023   1,386    747 
 6,334   6705788,4.38%, 11/26/2024  6/1/2023   6,330    1,297 
 1,703   6704943,5.00%, 11/26/2024  6/1/2023   1,702    1,027 
 2,240   6706931,4.82%, 11/26/2024  6/1/2023   2,237    1,922 
 20,756   6706409,5.86%, 11/26/2024(e)  6/1/2023   20,748    1,637 
 2,879   6706241,4.39%, 11/26/2024(e)  6/1/2023   2,877    601 
 879   6704381,5.62%, 11/26/2024  6/1/2023   878    377 
 2,930   6705600,4.82%, 11/26/2024  6/1/2023   2,915    2,486 
 260   6706680,4.29%, 11/26/2024  6/1/2023   259    258 
 507   6704851,4.42%, 11/26/2024(e)  6/1/2023   506    56 
 3,928   6704250,4.39%, 11/26/2024(e)  6/1/2023   3,923    836 
 688   6705460,5.37%, 11/26/2024  6/1/2023   687    551 
 2,345   6707527,5.18%, 11/27/2024  6/2/2023   2,342    1,748 
 928   6707649,4.90%, 11/27/2024  6/2/2023   927    535 
 772   6707554,5.15%, 11/27/2024  6/2/2023   772    590 
 376   6707600,5.95%, 11/27/2024  6/2/2023   374    304 
 464   6707226,4.69%, 11/27/2024  6/2/2023   461    178 
 4,149   6707491,5.76%, 11/27/2024  6/2/2023   4,143    1,110 
 2,860   6707889,4.90%, 11/27/2024  6/2/2023   2,859    1,405 
 3,535   6707359,5.62%, 11/27/2024(e)  6/2/2023   3,533    1,261 
 418   6708028,5.94%, 11/28/2024  6/2/2023   417    240 
 1,876   6709476,4.61%, 11/29/2024  6/2/2023   1,874    1,668 
 241   6708612,4.72%, 11/29/2024  6/2/2023   241    93 
 1,173   6713916,4.88%, 11/30/2024  6/5/2023   1,169    901 
 552   6713174,5.66%, 11/30/2024  6/2/2023   551    375 
 8,015   6715256,5.68%, 11/30/2024(e)  6/5/2023   7,994    2,477 
 281   6713482,4.87%, 11/30/2024  6/5/2023   279    266 
 406   6715356,5.31%, 11/30/2024  6/5/2023   405    387 
 25   6714555,5.69%, 11/30/2024  6/5/2023   24    24 
 1,161   6714644,6.09%, 11/30/2024(e)  6/5/2023   1,160    148 
 6,050   6716005,5.68%, 11/30/2024  6/5/2023   6,044    3,732 
 318   6714705,5.96%, 11/30/2024  6/5/2023   314    205 

 

See Notes to Financial Statements. 
34(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,052   6721900,4.62%, 12/1/2024  6/6/2023  $3,044   $3,030 
 4,568   6721635,5.70%, 12/1/2024(e)  6/6/2023   4,565    1,707 
 2,383   6717876,5.15%, 12/1/2024(e)  6/6/2023   2,381    772 
 478   6719085,5.70%, 12/1/2024  6/6/2023   477    390 
 545   6721678,6.10%, 12/1/2024(e)  6/6/2023   543    334 
 427   6721697,5.34%, 12/1/2024  6/6/2023   425    389 
 623   6721118,5.42%, 12/1/2024(e)  6/6/2023   623    161 
 8,244   6718302,4.90%, 12/1/2024  6/6/2023   8,238    6,319 
 6,669   6723488,4.62%, 12/2/2024  6/7/2023   6,665    4,938 
 704   6722701,6.19%, 12/2/2024(e)  6/7/2023   703    208 
 4,258   6722908,5.51%, 12/2/2024(e)  6/7/2023   4,256    1,496 
 42   6723855,6.34%, 12/2/2024  6/7/2023   41    27 
 5,066   6723752,5.70%, 12/2/2024(e)  6/7/2023   5,062    2,206 
 166   6724142,4.91%, 12/2/2024  6/7/2023   164    163 
 2,492   6725934,5.15%, 12/3/2024  6/8/2023   2,491    1,477 
 271   6725747,5.94%, 12/3/2024  6/8/2023   271    207 
 6,400   6726458,6.33%, 12/4/2024(e)  6/8/2023   6,397    431 
 569   6726551,5.68%, 12/4/2024  6/8/2023   567    353 
 350   6726545,5.93%, 12/4/2024  6/8/2023   350    208 
 449   6729160,4.70%, 12/5/2024  6/8/2023   448    208 
 533   6728797,5.69%, 12/5/2024  6/8/2023   533    204 
 626   6729183,5.39%, 12/5/2024  6/8/2023   626    261 
 409   6727282,4.71%, 12/5/2024  6/8/2023   408    192 
 915   6729862,4.70%, 12/5/2024(e)  6/8/2023   914    371 
 897   6730050,4.88%, 12/5/2024  6/8/2023   891    881 
 4,338   6730489,6.32%, 12/6/2024(e)  6/9/2023   4,318    2,025 
 18,665   6730266,5.13%, 12/6/2024(e)  6/9/2023   18,645    13,526 
 1,948   6730545,6.08%, 12/6/2024  6/9/2023   1,947    531 
 1,618   6731367,5.13%, 12/6/2024(e)  6/9/2023   1,614    1,313 
 1,520   6731487,5.93%, 12/6/2024  6/9/2023   1,518    900 
 2,272   6737581,4.61%, 12/7/2024  6/12/2023   2,258    2,202 
 125   6733875,5.49%, 12/7/2024  6/12/2023   120    118 
 1,713   6734203,5.68%, 12/7/2024  6/12/2023   1,711    915 
 1,330   6736225,6.32%, 12/7/2024  6/12/2023   1,322    901 
 1,158   6734793,5.50%, 12/7/2024  6/12/2023   1,157    895 
 1,126   6734667,5.13%, 12/7/2024  6/12/2023   1,125    996 
 948   6734693,5.69%, 12/7/2024(e)  6/12/2023   948    359 
 6,415   6741312,5.52%, 12/8/2024(e)  6/13/2023   6,412    2,796 
 922   6741184,4.73%, 12/8/2024  6/13/2023   921    307 
 519   6739701,5.54%, 12/8/2024  6/13/2023   517    310 
 2,544   6742535,5.71%, 12/8/2024(e)  6/13/2023   2,543    579 
 4,310   6741208,5.33%, 12/8/2024  6/13/2023   4,307    2,824 
 864   6740825,6.11%, 12/8/2024  6/13/2023   862    307 
 2,092   6741161,6.19%, 12/8/2024(e)  6/13/2023   2,091    791 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202435

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,416   6740956,5.39%, 12/8/2024(e)  6/13/2023  $5,411   $1,484 
 2,363   6740939,5.71%, 12/8/2024  6/13/2023   2,362    750 
 9,213   6740098,4.62%, 12/8/2024  6/13/2023   9,209    7,111 
 2,126   6742120,5.70%, 12/8/2024  6/13/2023   2,124    1,145 
 1,856   6744730,5.33%, 12/9/2024  6/14/2023   1,854    1,034 
 7,715   6744795,5.15%, 12/9/2024(e)  6/14/2023   7,713    1,477 
 155   6743163,5.53%, 12/9/2024  6/14/2023   154    147 
 3,258   6743762,5.52%, 12/9/2024  6/14/2023   3,256    1,633 
 1,675   6744543,5.95%, 12/9/2024  6/14/2023   1,669    1,431 
 2,725   6744608,4.62%, 12/9/2024  6/14/2023   2,720    2,603 
 27,832   6745679,5.15%, 12/9/2024(e)  6/14/2023   27,818    14,642 
 685   6746432,5.52%, 12/9/2024  6/14/2023   684    588 
 580   6743300,6.10%, 12/9/2024  6/14/2023   579    304 
 19,161   6746444,5.33%, 12/9/2024  6/14/2023   19,144    14,339 
 4,197   6746344,6.34%, 12/9/2024(e)  6/14/2023   4,195    1,191 
 936   6744323,5.52%, 12/9/2024  6/14/2023   935    741 
 815   6747510,5.93%, 12/11/2024  6/15/2023   814    306 
 1,375   6747528,5.14%, 12/11/2024  6/15/2023   1,374    1,240 
 455   6747734,5.36%, 12/11/2024  6/15/2023   455    110 
 3,483   6747700,6.09%, 12/11/2024(e)  6/15/2023   3,480    1,090 
 4,678   6750704,5.38%, 12/12/2024(e)  6/15/2023   4,676    274 
 761   6749775,4.72%, 12/12/2024(e)  6/15/2023   760    182 
 6,894   6750572,5.49%, 12/12/2024(e)  6/15/2023   6,892    1,110 
 279   6752229,6.16%, 12/13/2024  6/16/2023   278    182 
 3,600   6753493,6.32%, 12/13/2024(e)  6/16/2023   3,589    2,524 
 1,800   6754436,5.31%, 12/13/2024(e)  6/16/2023   1,799    1,375 
 628   6752392,5.37%, 12/13/2024  6/16/2023   628    194 
 821   6754305,5.69%, 12/13/2024  6/16/2023   821    458 
 612   6753449,4.89%, 12/13/2024  6/16/2023   610    598 
 246   6756840,4.60%, 12/14/2024  6/20/2023   245    244 
 14,898   6756442,5.13%, 12/14/2024(e)  6/20/2023   14,868    4,869 
 5,614   6756657,4.61%, 12/14/2024(e)  6/20/2023   5,609    2,830 
 4,335   6757401,5.35%, 12/14/2024(e)  6/20/2023   4,331    3,262 
 191   6758197,4.37%, 12/14/2024  6/20/2023   191    118 
 1,578   6757796,5.83%, 12/14/2024(e)  6/20/2023   1,576    297 
 8,209   6755433,4.80%, 12/14/2024  6/20/2023   8,178    6,175 
 16,104   6758331,4.88%, 12/14/2024(e)  6/20/2023   16,084    6,814 
 3,186   6756290,5.92%, 12/14/2024  6/20/2023   3,183    1,977 
 2,409   6756603,5.59%, 12/14/2024(e)  6/20/2023   2,405    330 
 282   6756789,5.66%, 12/14/2024  6/20/2023   281    208 
 37,827   6765120,4.91%, 12/15/2024  6/21/2023   37,813    19,744 
 1,493   6764185,4.58%, 12/15/2024  6/21/2023   1,491    1,439 
 545   6762127,5.16%, 12/15/2024  6/21/2023   543    507 
 329   6765260,5.77%, 12/15/2024  6/21/2023   328    258 

 

See Notes to Financial Statements. 
36(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,283   6763134,5.02%, 12/15/2024  6/21/2023  $1,282   $629 
 4,337   6764963,5.72%, 12/15/2024  6/21/2023   4,334    2,061 
 1,117   6766600,4.83%, 12/16/2024  6/22/2023   1,116    623 
 720   6767589,4.39%, 12/16/2024(e)  6/22/2023   719    180 
 1,705   6765785,5.08%, 12/16/2024(e)  6/22/2023   1,704    322 
 738   6768085,6.11%, 12/16/2024  6/22/2023   738    211 
 798   6768064,5.21%, 12/16/2024  6/22/2023   797    647 
 1,617   6768769,4.30%, 12/16/2024  6/22/2023   1,615    1,560 
 958   6767893,5.70%, 12/16/2024  6/22/2023   957    382 
 1,487   6767220,5.53%, 12/16/2024  6/22/2023   1,486    943 
 5,940   6769458,6.03%, 12/17/2024(e)  6/23/2023   5,937    1,003 
 940   6769182,5.38%, 12/17/2024(e)  6/23/2023   938    719 
 1,015   6769045,4.63%, 12/17/2024  6/23/2023   1,014    954 
 397   6769537,5.04%, 12/17/2024  6/23/2023   397    124 
 463   6769543,5.16%, 12/17/2024  6/23/2023   459    447 
 1,302   6770075,5.86%, 12/18/2024  6/23/2023   1,298    1,116 
 201   6770131,5.38%, 12/18/2024  6/23/2023   201    190 
 1,729   6771096,5.60%, 12/19/2024  6/23/2023   1,712    1,593 
 351   6770293,5.69%, 12/19/2024  6/23/2023   350    317 
 1,644   6770606,5.74%, 12/19/2024(e)  6/23/2023   1,643    106 
 150   6771012,4.81%, 12/19/2024  6/23/2023   150    145 
 3,843   6771160,4.29%, 12/19/2024  6/23/2023   3,831    3,732 
 5,895   6771236,4.81%, 12/19/2024  6/23/2023   5,890    4,598 
 383   6770613,5.06%, 12/19/2024  6/23/2023   383    233 
 1,184   6774882,5.16%, 12/20/2024  6/23/2023   1,183    970 
 190   6773642,4.37%, 12/20/2024  6/23/2023   186    163 
 146   6771771,5.13%, 12/20/2024  6/23/2023   145    141 
 4,995   6774786,5.74%, 12/20/2024(e)  6/23/2023   4,992    1,410 
 2,248   6774785,4.88%, 12/20/2024  6/23/2023   2,247    1,685 
 2,532   6773540,4.55%, 12/20/2024  6/23/2023   2,530    2,364 
 673   6771682,4.80%, 12/20/2024  6/23/2023   670    650 
 955   6773121,4.38%, 12/20/2024(e)  6/23/2023   954    290 
 3,139   6772046,5.50%, 12/20/2024  6/23/2023   3,136    1,667 
 2,296   6773498,4.99%, 12/20/2024  6/23/2023   2,294    1,379 
 783   6772779,5.35%, 12/20/2024  6/23/2023   782    677 
 4,440   6774519,4.98%, 12/20/2024(e)  6/23/2023   4,437    2,652 
 942   6773490,5.75%, 12/20/2024(e)  6/23/2023   942    301 
 5,655   6774280,5.16%, 12/20/2024  6/23/2023   5,652    2,232 
 29,507   6774295,4.80%, 12/20/2024  6/23/2023   29,497    13,964 
 3,510   6772751,4.60%, 12/20/2024  6/23/2023   3,507    3,306 
 2,442   6773062,5.04%, 12/20/2024(e)  6/23/2023   2,440    627 
 8,552   6775810,4.55%, 12/21/2024  6/26/2023   8,543    4,614 
 5,249   6775166,4.98%, 12/21/2024  6/26/2023   5,220    4,588 
 4,344   6777381,4.88%, 12/21/2024(e)  6/26/2023   4,322    2,375 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202437

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$9,194   6776718,4.37%, 12/21/2024(e)  6/26/2023  $9,182   $1,636 
 6,700   6774962,6.33%, 12/21/2024(e)  6/26/2023   6,684    694 
 760   6780829,5.18%, 12/22/2024  6/27/2023   760    411 
 4,773   6781297,4.57%, 12/22/2024(e)  6/27/2023   4,770    2,005 
 4,154   6781679,5.37%, 12/22/2024  6/27/2023   4,150    2,442 
 1,405   6782576,5.06%, 12/22/2024  6/27/2023   1,404    359 
 585   6781160,5.07%, 12/22/2024  6/27/2023   582    511 
 1,419   6780638,4.57%, 12/22/2024  6/27/2023   1,419    615 
 488   6779453,5.97%, 12/22/2024  6/27/2023   487    263 
 752   6780399,4.30%, 12/22/2024  6/27/2023   751    732 
 2,751   6785412,5.37%, 12/23/2024  6/28/2023   2,748    1,631 
 781   6784650,5.36%, 12/23/2024  6/28/2023   779    688 
 1,333   6784617,6.01%, 12/23/2024  6/28/2023   1,332    527 
 642   6784591,5.85%, 12/23/2024  6/28/2023   641    436 
 873   6784223,5.37%, 12/23/2024  6/28/2023   872    426 
 147   6783282,5.71%, 12/23/2024  6/28/2023   130    140 
 1,235   6783149,5.37%, 12/23/2024  6/28/2023   1,231    1,173 
 1,406   6786413,4.81%, 12/24/2024  6/29/2023   1,405    683 
 2,617   6786436,5.37%, 12/24/2024  6/29/2023   2,609    2,313 
 93   6786881,5.00%, 12/25/2024  6/29/2023   93    84 
 451   6789451,6.00%, 12/26/2024  6/29/2023   449    281 
 737   6789899,4.80%, 12/26/2024  6/29/2023   735    716 
 1,393   6787876,5.16%, 12/26/2024  6/29/2023   1,387    1,305 
 867   6794202,5.35%, 12/27/2024  6/30/2023   866    689 
 10,402   6793740,4.98%, 12/27/2024  6/30/2023   10,394    8,482 
 1,298   6791062,5.16%, 12/27/2024  6/30/2023   1,296    863 
 795   6793653,5.16%, 12/27/2024  6/30/2023   794    711 
 372   6792285,5.75%, 12/27/2024  6/30/2023   371    297 
 4,024   6792332,5.17%, 12/27/2024  6/30/2023   4,022    2,233 
 897   6792167,5.74%, 12/27/2024  6/30/2023   896    206 
 6,062   6794233,4.55%, 12/27/2024  6/30/2023   6,054    5,898 
 654   6792682,4.99%, 12/27/2024  6/30/2023   653    534 
 649   6794563,5.14%, 12/27/2024  6/30/2023   648    613 
 11,540   6792893,4.55%, 12/27/2024  6/30/2023   11,522    10,570 
 2,193   6797184,4.37%, 12/28/2024(e)  7/3/2023   2,182    1,022 
 337   6798114,4.38%, 12/28/2024(e)  7/3/2023   336    131 
 2,359   6798065,4.55%, 12/28/2024  7/3/2023   2,355    2,222 
 234   6796722,4.55%, 12/28/2024  7/3/2023   217    230 
 1,947   6797238,4.56%, 12/28/2024  7/3/2023   1,944    1,337 
 641   6796873,5.37%, 12/28/2024  7/3/2023   640    277 
 4,561   6798191,4.98%, 12/28/2024  7/3/2023   4,559    1,950 
 448   6800156,6.20%, 12/29/2024  7/5/2023   447    268 
 1,486   6801385,6.09%, 12/29/2024(e)  7/5/2023   1,484    572 
 5,381   6800050,5.40%, 12/29/2024(e)  7/5/2023   5,374    2,682 

 

See Notes to Financial Statements. 
38(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$627   6801294,6.09%, 12/29/2024  7/5/2023  $626   $301 
 2,441   6802942,5.39%, 12/29/2024(e)  7/5/2023   2,437    1,587 
 1,760   6802410,5.39%, 12/29/2024(e)  7/5/2023   1,759    454 
 4,663   6805710,4.63%, 12/30/2024  7/6/2023   4,659    4,456 
 4,051   6805326,4.91%, 12/30/2024(e)  7/6/2023   4,048    2,280 
 3,090   6807609,4.73%, 12/30/2024(e)  7/6/2023   3,088    570 
 3,713   6808556,4.91%, 1/1/2025(e)  7/7/2023   3,712    1,541 
 223   6808154,5.94%, 1/1/2025  7/7/2023   223    203 
 4,477   6808735,5.15%, 1/1/2025  7/7/2023   4,472    3,685 
 3,145   6808611,4.90%, 1/1/2025  7/7/2023   3,143    2,500 
 1,305   6808692,5.40%, 1/1/2025(e)  7/7/2023   1,304    339 
 6,140   6809668,5.14%, 1/2/2025  7/7/2023   6,136    3,706 
 1,585   6809086,4.62%, 1/2/2025  7/7/2023   1,584    1,516 
 1,338   6809211,4.62%, 1/2/2025  7/7/2023   1,336    1,278 
 66   6809719,4.69%, 1/2/2025  7/7/2023   65    57 
 22,245   6812785,5.31%, 1/3/2025(e)  7/7/2023   22,224    18,677 
 1,684   6812400,5.31%, 1/3/2025  7/7/2023   1,682    1,516 
 372   6810537,5.30%, 1/3/2025  7/7/2023   372    356 
 9,336   6811450,4.61%, 1/3/2025  7/7/2023   9,315    9,134 
 390   6810206,5.13%, 1/3/2025  7/7/2023   384    367 
 2,060   6810376,6.33%, 1/3/2025(e)  7/7/2023   2,057    1,078 
 2,469   6812055,6.33%, 1/3/2025(e)  7/7/2023   2,468    304 
 70   6813481,6.18%, 1/4/2025  7/10/2023   68    66 
 2,770   6813251,5.50%, 1/4/2025  7/10/2023   2,767    1,900 
 1,296   6813990,5.68%, 1/4/2025  7/10/2023   1,295    948 
 4,224   6815517,5.49%, 1/5/2025  7/10/2023   4,219    3,667 
 228   6817264,6.16%, 1/5/2025  7/10/2023   226    204 
 863   6815824,4.59%, 1/5/2025  7/10/2023   860    847 
 2,580   6816962,6.16%, 1/5/2025(e)  7/10/2023   2,566    767 
 9,293   6815634,5.31%, 1/5/2025(e)  7/10/2023   9,285    3,020 
 1,411   6815154,5.66%, 1/5/2025(e)  7/10/2023   1,410    496 
 9,447   6817288,5.31%, 1/5/2025(e)  7/10/2023   9,436    3,041 
 4,303   6814123,5.12%, 1/5/2025  7/10/2023   4,290    3,811 
 1,152   6814970,5.13%, 1/5/2025  7/10/2023   1,151    709 
 1,775   6814902,4.59%, 1/5/2025  7/10/2023   1,765    1,701 
 2,664   6814451,6.16%, 1/5/2025  7/10/2023   2,654    1,671 
 26,022   6820909,5.38%, 1/6/2025  7/11/2023   25,995    7,064 
 975   6822065,6.18%, 1/6/2025(e)  7/11/2023   974    83 
 1,922   6820886,6.17%, 1/6/2025(e)  7/11/2023   1,921    395 
 660   6820486,5.94%, 1/6/2025  7/11/2023   658    601 
 1,276   6820067,5.14%, 1/6/2025  7/11/2023   1,275    1,140 
 2,772   6819046,5.69%, 1/6/2025  7/11/2023   2,769    2,281 
 570   6820812,6.20%, 1/6/2025  7/11/2023   570    302 
 8,331   6822089,5.94%, 1/6/2025  7/11/2023   8,319    6,288 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202439

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,522   6819765,5.14%, 1/6/2025  7/11/2023  $3,521   $1,833 
 24,654   6819094,5.32%, 1/6/2025  7/11/2023   24,643    8,133 
 1,890   6822799,5.14%, 1/7/2025  7/12/2023   1,889    1,412 
 1,864   6823411,4.61%, 1/7/2025  7/12/2023   1,861    1,828 
 7,081   6824970,6.19%, 1/7/2025(e)  7/12/2023   7,078    1,022 
 6,256   6824328,5.32%, 1/7/2025(e)  7/12/2023   6,252    4,181 
 2,106   6823364,5.95%, 1/7/2025(e)  7/12/2023   2,105    734 
 354   6822528,5.41%, 1/7/2025  7/12/2023   354    174 
 1,268   6823517,4.62%, 1/7/2025  7/12/2023   1,267    1,219 
 234   6822502,5.38%, 1/7/2025  7/12/2023   233    204 
 2,093   6826633,5.49%, 1/9/2025  7/13/2023   2,088    1,679 
 477   6827130,4.60%, 1/9/2025  7/13/2023   476    475 
 4,290   6826888,5.68%, 1/9/2025  7/13/2023   4,288    1,200 
 15,855   6827250,5.68%, 1/9/2025(e)  7/13/2023   15,841    7,290 
 701   6829515,4.68%, 1/10/2025  7/13/2023   701    206 
 2,162   6829399,4.60%, 1/10/2025  7/13/2023   2,152    2,153 
 1,958   6829522,6.15%, 1/10/2025  7/13/2023   1,956    1,265 
 270   6828912,4.88%, 1/10/2025  7/13/2023   269    265 
 6,511   6828344,5.12%, 1/10/2025  7/13/2023   6,507    4,937 
 578   6828698,5.68%, 1/10/2025  7/13/2023   578    316 
 4,210   6832358,4.87%, 1/11/2025  7/14/2023   4,208    2,555 
 130   6830789,5.30%, 1/11/2025  7/14/2023   128    127 
 52   6830888,5.67%, 1/11/2025  7/14/2023   51    50 
 7,215   6832030,4.60%, 1/11/2025  7/14/2023   7,201    7,114 
 7,626   6831105,5.12%, 1/11/2025  7/14/2023   7,621    5,836 
 1,330   6832017,5.67%, 1/11/2025  7/14/2023   1,328    999 
 228   6833165,4.70%, 1/11/2025  7/14/2023   228    112 
 2,205   6832759,4.87%, 1/11/2025  7/14/2023   2,193    2,181 
 2,102   6833491,6.16%, 1/11/2025  7/14/2023   2,098    1,740 
 6,653   6836239,6.16%, 1/12/2025  7/17/2023   6,623    3,042 
 368   6836355,5.39%, 1/12/2025(e)  7/17/2023   368    114 
 24,604   6835923,5.30%, 1/12/2025(e)  7/17/2023   24,582    11,259 
 4,372   6834546,4.69%, 1/12/2025  7/17/2023   4,353    1,468 
 2,259   6834824,5.67%, 1/12/2025  7/17/2023   2,249    1,535 
 837   6834616,5.67%, 1/12/2025  7/17/2023   833    566 
 1,080   6835336,5.31%, 1/12/2025  7/17/2023   1,080    855 
 131   6834646,5.32%, 1/12/2025  7/17/2023   126    128 
 4,096   6836407,6.15%, 1/12/2025  7/17/2023   4,094    1,244 
 1,613   6842042,4.89%, 1/13/2025  7/18/2023   1,612    1,464 
 9,311   6839825,4.89%, 1/13/2025  7/18/2023   9,308    4,389 
 8,323   6840648,5.94%, 1/13/2025(e)  7/18/2023   8,317    4,457 
 366   6840093,4.89%, 1/13/2025  7/18/2023   365    362 
 988   6838866,6.36%, 1/13/2025(e)  7/18/2023   988    63 
 5,553   6843828,5.36%, 1/14/2025(e)  7/19/2023   5,545    4,045 

 

See Notes to Financial Statements. 
40(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,486   6844052,4.29%, 1/14/2025  7/19/2023  $4,483   $2,669 
 1,998   6844590,5.75%, 1/14/2025  7/19/2023   1,996    1,263 
 405   6842438,5.71%, 1/14/2025  7/19/2023   405    342 
 871   6843926,4.89%, 1/14/2025  7/19/2023   870    848 
 2,521   6843895,5.93%, 1/14/2025(e)  7/19/2023   2,520    290 
 1,265   6842645,6.01%, 1/14/2025  7/19/2023   1,263    710 
 861   6842463,5.40%, 1/14/2025  7/19/2023   861    232 
 5,516   6843623,4.61%, 1/14/2025  7/19/2023   5,511    5,311 
 1,106   6845018,4.29%, 1/14/2025  7/19/2023   1,105    1,081 
 1,229   6844020,4.71%, 1/14/2025(e)  7/19/2023   1,229    212 
 136   6842840,5.41%, 1/14/2025  7/19/2023   136    95 
 1,384   6845429,5.76%, 1/15/2025  7/20/2023   1,382    885 
 6,011   6845461,4.56%, 1/15/2025  7/20/2023   5,999    5,140 
 3,400   6845311,4.89%, 1/15/2025  7/20/2023   3,395    3,310 
 2,023   6846474,4.28%, 1/16/2025  7/20/2023   2,021    1,987 
 3,350   6846290,5.60%, 1/16/2025  7/20/2023   3,349    1,212 
 22   6846609,4.56%, 1/16/2025  7/20/2023   22    22 
 2,465   6846344,4.55%, 1/16/2025  7/20/2023   2,455    2,318 
 3,594   6847721,5.67%, 1/17/2025  7/20/2023   3,592    2,521 
 9,612   6847911,4.55%, 1/17/2025  7/20/2023   9,591    9,458 
 1,786   6848397,4.70%, 1/17/2025  7/20/2023   1,785    456 
 608   6847067,5.80%, 1/17/2025  7/20/2023   608    293 
 5,651   6847353,5.03%, 1/17/2025(e)  7/20/2023   5,648    634 
 715   6847648,5.49%, 1/17/2025  7/20/2023   714    633 
 2,653   6848081,5.36%, 1/17/2025(e)  7/20/2023   2,652    335 
 9,454   6850294,4.55%, 1/17/2025  7/20/2023   9,449    5,982 
 340   6852190,4.97%, 1/18/2025  7/21/2023   339    323 
 4,682   6852056,4.79%, 1/18/2025  7/21/2023   4,680    3,166 
 40,150   6850404,4.55%, 1/18/2025  7/21/2023   40,138    18,748 
 622   6851678,5.92%, 1/18/2025  7/21/2023   620    575 
 1,245   6851180,4.78%, 1/18/2025  7/21/2023   1,245    690 
 987   6852906,4.55%, 1/18/2025  7/21/2023   987    902 
 800   6852504,5.34%, 1/18/2025  7/21/2023   800    555 
 1,064   6851041,4.98%, 1/18/2025  7/21/2023   1,062    926 
 2,492   6852211,5.34%, 1/18/2025  7/21/2023   2,490    1,753 
 2,568   6854942,5.66%, 1/19/2025  7/24/2023   2,547    1,266 
 715   6855176,5.39%, 1/19/2025(e)  7/24/2023   715    49 
 2,651   6855486,4.70%, 1/19/2025(e)  7/24/2023   2,649    365 
 5,454   6855007,4.55%, 1/19/2025  7/24/2023   5,434    4,716 
 2,585   6854985,4.37%, 1/19/2025(e)  7/24/2023   2,572    478 
 12,921   6854747,4.79%, 1/19/2025  7/24/2023   12,916    4,980 
 28,253   6853626,5.83%, 1/19/2025(e)  7/24/2023   28,237    4,053 
 1,181   6853935,4.80%, 1/19/2025  7/24/2023   1,177    1,024 
 14,017   6858987,4.99%, 1/20/2025  7/25/2023   14,011    6,654 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202441

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$649   6858367,5.05%, 1/20/2025  7/25/2023  $647   $379 
 474   6859696,5.37%, 1/20/2025  7/25/2023   473    444 
 2,733   6859376,4.29%, 1/20/2025  7/25/2023   2,732    1,658 
 5,000   6861052,4.99%, 1/20/2025  7/25/2023   4,986    4,823 
 6,410   6861531,5.76%, 1/20/2025  7/25/2023   6,404    2,830 
 2,054   6859788,5.36%, 1/20/2025  7/25/2023   2,050    1,938 
 779   6858409,5.62%, 1/20/2025  7/25/2023   776    434 
 65   6858421,4.29%, 1/20/2025  7/25/2023   62    65 
 15,493   6863947,5.36%, 1/21/2025(e)  7/26/2023   15,488    3,909 
 8,738   6863757,4.99%, 1/21/2025  7/26/2023   8,732    6,440 
 5,346   6863366,4.56%, 1/21/2025  7/26/2023   5,342    4,606 
 847   6862329,5.77%, 1/21/2025(e)  7/26/2023   847    339 
 3,071   6864129,4.81%, 1/21/2025  7/26/2023   3,067    2,810 
 25,274   6864487,5.36%, 1/21/2025(e)  7/26/2023   25,265    7,292 
 1,212   6864324,4.28%, 1/21/2025  7/26/2023   1,208    1,204 
 988   6864287,4.56%, 1/21/2025  7/26/2023   987    949 
 630   6864612,5.49%, 1/22/2025  7/27/2023   629    477 
 10   6864759,4.56%, 1/22/2025  7/27/2023   7    10 
 1,536   6865268,4.56%, 1/22/2025  7/27/2023   1,534    1,458 
 420   6865139,4.35%, 1/22/2025(e)  7/27/2023   420    109 
 5,361   6865245,4.62%, 1/22/2025  7/27/2023   5,357    4,386 
 916   6864633,5.36%, 1/22/2025  7/27/2023   911    839 
 460   6864691,4.38%, 1/22/2025  7/27/2023   460    91 
 5,108   6864702,4.81%, 1/22/2025  7/27/2023   5,095    3,526 
 1,625   6865144,6.01%, 1/22/2025  7/27/2023   1,623    769 
 9,799   6864789,4.81%, 1/22/2025(e)  7/27/2023   9,794    3,920 
 789   6864872,5.76%, 1/22/2025  7/27/2023   787    514 
 518   6865400,4.81%, 1/23/2025(e)  7/27/2023   517    362 
 1,936   6865445,4.80%, 1/23/2025  7/27/2023   1,936    1,336 
 78   6865858,4.37%, 1/23/2025  7/27/2023   78    58 
 1,885   6865650,4.55%, 1/23/2025  7/27/2023   1,882    1,839 
 252   6865338,4.36%, 1/23/2025(e)  7/27/2023   252    131 
 19,695   6865945,4.80%, 1/23/2025  7/27/2023   19,687    11,113 
 4,672   6867089,5.58%, 1/24/2025(e)  7/27/2023   4,660    1,734 
 6,034   6866873,4.55%, 1/24/2025(e)  7/27/2023   6,028    3,950 
 5,884   6867974,4.79%, 1/24/2025  7/27/2023   5,881    4,887 
 1,516   6868777,5.16%, 1/24/2025  7/27/2023   1,514    1,171 
 1,083   6867133,4.97%, 1/24/2025  7/27/2023   1,083    392 
 4,436   6868571,4.54%, 1/24/2025  7/27/2023   4,434    3,880 
 253   6868686,5.84%, 1/24/2025  7/27/2023   252    220 
 12,353   6866630,5.58%, 1/24/2025  7/27/2023   12,347    5,822 
 774   6867917,5.16%, 1/24/2025  7/27/2023   771    736 
 299   6868308,4.98%, 1/24/2025  7/27/2023   297    292 
 2,914   6868642,4.27%, 1/24/2025  7/27/2023   2,912    2,708 

 

See Notes to Financial Statements. 
42(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,192   6869956,5.04%, 1/25/2025(e)  7/28/2023  $2,190   $631 
 539   6869971,4.27%, 1/25/2025  7/28/2023   536    536 
 6,596   6871841,4.27%, 1/25/2025  7/28/2023   6,587    6,319 
 11,763   6871267,5.16%, 1/25/2025  7/28/2023   11,746    10,873 
 1,046   6870078,5.98%, 1/25/2025  7/28/2023   1,045    637 
 1,029   6869533,5.98%, 1/25/2025  7/28/2023   1,028    361 
 2,640   6871538,4.36%, 1/25/2025(e)  7/28/2023   2,638    526 
 3,123   6871167,4.79%, 1/25/2025  7/28/2023   3,116    2,961 
 155   6869662,4.27%, 1/25/2025  7/28/2023   153    154 
 1,342   6870895,4.97%, 1/25/2025  7/28/2023   1,339    1,245 
 14,754   6873514,4.79%, 1/26/2025(e)  7/31/2023   14,675    14,047 
 686   6875534,5.58%, 1/26/2025  7/31/2023   681    637 
 977   6874210,4.55%, 1/26/2025  7/31/2023   974    952 
 326   6874603,4.27%, 1/26/2025  7/31/2023   323    323 
 3,868   6873449,4.55%, 1/26/2025  7/31/2023   3,854    1,943 
 200   6874312,5.15%, 1/26/2025  7/31/2023   199    195 
 2,015   6873932,5.97%, 1/26/2025(e)  7/31/2023   2,014    383 
 637   6874114,5.15%, 1/26/2025  7/31/2023   630    592 
 11,077   6880484,4.81%, 1/27/2025  8/1/2023   11,069    9,234 
 2,683   6877644,4.56%, 1/27/2025  8/1/2023   2,681    2,486 
 493   6878363,4.29%, 1/27/2025  8/1/2023   491    487 
 5,061   6880757,4.99%, 1/27/2025  8/1/2023   5,033    4,968 
 124   6878072,5.77%, 1/27/2025  8/1/2023   123    115 
 332   6880473,4.38%, 1/27/2025  8/1/2023   331    171 
 170   6877637,4.38%, 1/27/2025  8/1/2023   170    107 
 175   6880690,5.06%, 1/27/2025  8/1/2023   175    138 
 936   6879238,5.37%, 1/27/2025  8/1/2023   935    857 
 354   6883765,5.21%, 1/28/2025  8/2/2023   353    259 
 21,590   6882408,4.73%, 1/28/2025  8/2/2023   21,533    20,061 
 6,942   6881143,5.52%, 1/28/2025  8/2/2023   6,934    5,955 
 697   6881849,5.16%, 1/28/2025  8/2/2023   697    650 
 1,345   6883114,5.16%, 1/28/2025  8/2/2023   1,343    1,247 
 457   6884335,4.97%, 1/29/2025  8/3/2023   455    447 
 2,035   6884078,4.97%, 1/29/2025  8/3/2023   2,033    1,477 
 1,548   6884264,5.52%, 1/29/2025  8/3/2023   1,546    1,469 
 1,499   6884614,4.96%, 1/29/2025(e)  8/3/2023   1,498    598 
 786   6885326,5.51%, 1/30/2025  8/3/2023   784    747 
 379   6885293,4.96%, 1/30/2025  8/3/2023   377    372 
 4,998   6885083,5.33%, 1/30/2025(e)  8/3/2023   4,992    1,625 
 830   6885230,5.20%, 1/30/2025  8/3/2023   830    332 
 1,571   6884941,4.97%, 1/30/2025  8/3/2023   1,569    1,147 
 9,020   6888089,5.32%, 1/31/2025  8/3/2023   9,011    7,753 
 976   6887312,5.51%, 1/31/2025  8/3/2023   974    928 
 586   6888650,4.96%, 1/31/2025  8/3/2023   586    565 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202443

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,624   6888000,4.43%, 1/31/2025  8/3/2023  $1,617   $1,604 
 1,382   6886405,4.71%, 1/31/2025  8/3/2023   1,381    1,137 
 8,973   6887419,4.43%, 1/31/2025  8/3/2023   8,925    8,873 
 13,868   6887122,4.95%, 1/31/2025  8/3/2023   13,857    10,160 
 1,090   6887912,5.23%, 1/31/2025(e)  8/3/2023   1,089    73 
 1,186   6885943,5.50%, 1/31/2025  8/3/2023   1,186    869 
 365   6886218,4.55%, 1/31/2025(e)  8/3/2023   364    164 
 3,514   6887957,5.14%, 1/31/2025  8/3/2023   3,512    1,293 
 5,813   6890679,4.53%, 2/1/2025(e)  8/4/2023   5,810    880 
 4,040   6890956,4.53%, 2/1/2025(e)  8/4/2023   4,038    803 
 2,253   6890466,4.52%, 2/1/2025(e)  8/4/2023   2,250    622 
 12,645   6890786,4.43%, 2/1/2025  8/4/2023   12,625    10,806 
 807   6895820,4.43%, 2/2/2025  8/7/2023   784    803 
 2,239   6894742,4.71%, 2/2/2025  8/7/2023   2,238    2,088 
 213   6892769,5.14%, 2/2/2025  8/7/2023   212    208 
 754   6895220,5.50%, 2/2/2025  8/7/2023   752    698 
 3,223   6895263,5.33%, 2/2/2025  8/7/2023   3,216    2,249 
 1,030   6894582,4.70%, 2/2/2025  8/7/2023   1,029    917 
 1,189   6895714,5.49%, 2/2/2025(e)  8/7/2023   1,178    360 
 3,126   6893653,5.50%, 2/2/2025  8/7/2023   3,117    2,741 
 2,444   6895158,4.71%, 2/2/2025  8/7/2023   2,438    2,035 
 2,024   6894700,4.52%, 2/2/2025  8/7/2023   2,023    637 
 1,193   6895258,5.19%, 2/2/2025(e)  8/7/2023   1,192    171 
 1,267   6894646,5.99%, 2/2/2025(e)  8/7/2023   1,265    1,010 
 9,049   6893812,4.43%, 2/2/2025  8/7/2023   9,017    8,896 
 6,256   6898172,4.45%, 2/3/2025  8/8/2023   6,242    6,026 
 1,082   6899907,5.16%, 2/3/2025  8/8/2023   1,080    1,034 
 918   6900275,4.46%, 2/3/2025  8/8/2023   916    904 
 1,945   6900002,4.46%, 2/3/2025  8/8/2023   1,942    1,824 
 1,722   6898960,4.72%, 2/3/2025  8/8/2023   1,721    1,211 
 8,325   6897663,5.16%, 2/3/2025(e)  8/8/2023   8,321    5,734 
 4,354   6898854,4.45%, 2/3/2025  8/8/2023   4,348    3,800 
 4,144   6902881,5.52%, 2/4/2025  8/9/2023   4,138    3,844 
 346   6902472,4.45%, 2/4/2025  8/9/2023   343    344 
 15,734   6903424,5.16%, 2/4/2025  8/9/2023   15,726    10,801 
 7,002   6904186,4.97%, 2/4/2025  8/9/2023   6,997    5,958 
 1,524   6902968,5.21%, 2/4/2025  8/9/2023   1,522    835 
 6,958   6902991,5.92%, 2/4/2025  8/9/2023   6,952    3,398 
 1,067   6903387,4.97%, 2/4/2025  8/9/2023   1,065    1,044 
 31,207   6901988,4.45%, 2/4/2025  8/9/2023   31,165    20,556 
 7,068   6901694,5.93%, 2/4/2025  8/9/2023   7,063    2,485 
 5,477   6903302,6.01%, 2/4/2025  8/9/2023   5,474    1,816 
 2,646   6901865,4.55%, 2/4/2025  8/9/2023   2,643    1,201 
 1,163   6903841,4.45%, 2/4/2025  8/9/2023   1,153    1,153 

 

See Notes to Financial Statements. 
44(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,056   6903998,5.77%, 2/4/2025  8/9/2023  $5,052   $3,497 
 2,238   6904111,5.34%, 2/4/2025  8/9/2023   2,236    1,775 
 4,739   6901560,5.15%, 2/4/2025(e)  8/9/2023   4,738    1,409 
 1,103   6901369,5.55%, 2/4/2025  8/9/2023   1,103    334 
 1,474   6904702,4.73%, 2/5/2025  8/10/2023   1,469    1,246 
 1,213   6904981,5.51%, 2/5/2025  8/10/2023   1,207    533 
 585   6904530,5.15%, 2/5/2025  8/10/2023   582    551 
 2,300   6904544,4.45%, 2/5/2025  8/10/2023   2,294    2,165 
 2,700   6905259,4.72%, 2/6/2025  8/10/2023   2,678    2,674 
 1,978   6905412,4.44%, 2/6/2025  8/10/2023   1,972    1,729 
 2,315   6905680,5.52%, 2/6/2025(e)  8/10/2023   2,313    667 
 8,964   6905186,4.96%, 2/6/2025(e)  8/10/2023   8,962    3,464 
 2,144   6905505,5.32%, 2/6/2025  8/10/2023   2,142    684 
 6,627   6906050,5.14%, 2/7/2025(e)  8/10/2023   6,622    1,794 
 427   6908827,5.32%, 2/7/2025  8/10/2023   426    402 
 509   6906487,4.72%, 2/7/2025  8/10/2023   509    498 
 766   6906512,4.54%, 2/7/2025  8/10/2023   766    295 
 735   6906537,5.14%, 2/7/2025  8/10/2023   735    670 
 1,358   6907805,4.96%, 2/7/2025  8/10/2023   1,357    1,268 
 6,103   6907931,4.95%, 2/7/2025  8/10/2023   6,101    3,734 
 752   6906534,4.74%, 2/7/2025(e)  8/10/2023   752    392 
 1,857   6908460,5.20%, 2/7/2025(e)  8/10/2023   1,856    244 
 711   6908632,6.13%, 2/7/2025  8/10/2023   710    482 
 1,640   6907480,4.71%, 2/7/2025  8/10/2023   1,638    1,572 
 4,691   6908791,4.96%, 2/7/2025(e)  8/10/2023   4,690    1,769 
 106   6908931,5.29%, 2/7/2025  8/10/2023   106    103 
 688   6906326,4.71%, 2/7/2025  8/10/2023   686    623 
 1,713   6907200,4.52%, 2/7/2025  8/10/2023   1,712    350 
 6,747   6908349,4.95%, 2/7/2025  8/10/2023   6,741    6,073 
 5,205   6906874,4.71%, 2/7/2025  8/10/2023   5,201    4,417 
 5,356   6905744,4.71%, 2/7/2025  8/10/2023   5,352    3,845 
 204   6911680,4.71%, 2/8/2025  8/11/2023   203    203 
 1,586   6909612,4.43%, 2/8/2025  8/11/2023   1,567    1,577 
 14,039   6910511,4.95%, 2/8/2025  8/11/2023   14,032    10,659 
 1,319   6910475,5.33%, 2/8/2025  8/11/2023   1,318    1,156 
 181   6911930,5.32%, 2/8/2025  8/11/2023   180    176 
 537   6910730,4.95%, 2/8/2025  8/11/2023   537    516 
 853   6911710,5.32%, 2/8/2025  8/11/2023   852    798 
 3,960   6911841,5.50%, 2/8/2025  8/11/2023   3,958    2,186 
 14,066   6910208,4.95%, 2/8/2025  8/11/2023   14,054    10,659 
 4,729   6913853,5.14%, 2/9/2025(e)  8/14/2023   4,726    1,653 
 317   6914687,5.98%, 2/9/2025  8/14/2023   302    296 
 538   6913894,5.90%, 2/9/2025(e)  8/14/2023   538    234 
 2,659   6914606,5.75%, 2/9/2025(e)  8/14/2023   2,655    754 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202445

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,057   6913579,5.99%, 2/9/2025(e)  8/14/2023  $10,047   $6,579 
 297   6913502,4.52%, 2/9/2025  8/14/2023   289    252 
 4,562   6912719,5.32%, 2/9/2025  8/14/2023   4,556    1,543 
 484   6913234,4.71%, 2/9/2025  8/14/2023   479    480 
 336   6912229,6.02%, 2/9/2025  8/14/2023   334    249 
 7,935   6914353,4.95%, 2/9/2025  8/14/2023   7,917    3,406 
 1,594   6912868,4.44%, 2/9/2025  8/14/2023   1,587    1,574 
 1,097   6913843,4.52%, 2/9/2025  8/14/2023   1,091    438 
 2,453   6912243,5.99%, 2/9/2025  8/14/2023   2,446    1,573 
 1,793   6912947,4.43%, 2/9/2025  8/14/2023   1,787    1,697 
 1,036   6917142,4.73%, 2/10/2025  8/15/2023   1,035    1,007 
 2,040   6917840,4.73%, 2/10/2025  8/15/2023   2,038    1,984 
 3,252   6917692,4.73%, 2/10/2025  8/15/2023   3,247    3,143 
 2,523   6918546,4.45%, 2/10/2025  8/15/2023   2,508    2,490 
 25,301   6917206,4.73%, 2/10/2025  8/15/2023   25,269    22,955 
 531   6917097,5.53%, 2/10/2025  8/15/2023   530    474 
 39   6917091,6.18%, 2/10/2025  8/15/2023   38    37 
 11,495   6918841,6.17%, 2/10/2025  8/15/2023   11,472    9,721 
 5,990   6916643,4.45%, 2/10/2025  8/15/2023   5,958    5,920 
 8,107   6919127,5.77%, 2/11/2025  8/16/2023   8,103    3,261 
 684   6919534,6.03%, 2/11/2025(e)  8/16/2023   683    392 
 566   6919178,4.71%, 2/11/2025  8/16/2023   565    547 
 3,589   6919707,4.72%, 2/11/2025  8/16/2023   3,588    2,629 
 13,444   6919755,6.17%, 2/11/2025(e)  8/16/2023   13,438    1,906 
 44,135   6919919,4.45%, 2/11/2025  8/16/2023   44,044    39,104 
 519   6920782,4.73%, 2/12/2025  8/17/2023   517    516 
 1,530   6921066,4.72%, 2/13/2025  8/17/2023   1,528    1,500 
 149   6921312,4.71%, 2/13/2025  8/17/2023   148    149 
 335   6921217,4.53%, 2/13/2025  8/17/2023   329    308 
 4,370   6921370,4.96%, 2/13/2025  8/17/2023   4,366    3,870 
 2,530   6921133,6.01%, 2/13/2025  8/17/2023   2,528    1,921 
 8,230   6922951,4.71%, 2/14/2025  8/17/2023   8,219    7,959 
 1,486   6923138,4.96%, 2/14/2025  8/17/2023   1,485    1,156 
 1,033   6922290,5.14%, 2/14/2025  8/17/2023   1,022    1,017 
 947   6922180,5.51%, 2/14/2025  8/17/2023   946    679 
 1,723   6922933,6.00%, 2/14/2025  8/17/2023   1,722    1,144 
 2,019   6922783,4.52%, 2/14/2025  8/17/2023   2,017    991 
 6,872   6923084,5.32%, 2/14/2025  8/17/2023   6,869    4,495 
 1,999   6922239,4.96%, 2/14/2025  8/17/2023   1,998    1,771 
 959   6923208,4.52%, 2/14/2025(e)  8/17/2023   959    471 
 1,912   6922075,5.32%, 2/14/2025  8/17/2023   1,910    1,783 
 2,516   6923817,4.43%, 2/15/2025  8/18/2023   2,503    2,487 
 346   6923482,5.49%, 2/15/2025  8/18/2023   346    325 
 2,825   6923556,4.44%, 2/15/2025  8/18/2023   2,821    1,979 

 

See Notes to Financial Statements. 
46(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$713   6923327,5.74%, 2/15/2025  8/18/2023  $711   $655 
 1,999   6923465,5.19%, 2/15/2025  8/18/2023   1,998    770 
 17,164   6928749,4.43%, 2/16/2025  8/21/2023   16,952    16,938 
 167   6928628,5.34%, 2/16/2025  8/21/2023   167    164 
 2,992   6933201,4.45%, 2/17/2025  8/22/2023   2,976    2,942 
 2,518   6936306,4.45%, 2/17/2025  8/22/2023   2,502    2,487 
 430   6933371,5.34%, 2/17/2025  8/22/2023   426    422 
 1,383   6933426,4.97%, 2/17/2025  8/22/2023   1,375    1,361 
 1,314   6935758,4.98%, 2/17/2025  8/22/2023   1,313    1,241 
 2,947   6934599,5.15%, 2/17/2025  8/22/2023   2,944    2,811 
 28   6934334,5.53%, 2/17/2025  8/22/2023   27    28 
 4,868   6936433,5.34%, 2/17/2025(e)  8/22/2023   4,866    2,585 
 5,379   6933723,5.16%, 2/17/2025  8/22/2023   5,372    5,188 
 478   6934000,5.53%, 2/17/2025  8/22/2023   478    411 
 36,517   6934687,4.45%, 2/17/2025(e)  8/22/2023   36,464    23,727 
 2,403   6934029,5.52%, 2/17/2025  8/22/2023   2,397    2,311 
 1,324   6933308,5.34%, 2/17/2025  8/22/2023   1,323    1,185 
 1,735   6936879,5.34%, 2/17/2025  8/22/2023   1,733    1,627 
 7,102   6936819,4.45%, 2/17/2025  8/22/2023   7,073    6,894 
 17,653   6935113,4.97%, 2/17/2025  8/22/2023   17,643    15,637 
 5,387   6935012,4.97%, 2/17/2025  8/22/2023   5,382    5,065 
 1,546   6934135,5.78%, 2/17/2025  8/22/2023   1,546    1,005 
 4,684   6934352,4.73%, 2/17/2025  8/22/2023   4,673    4,598 
 3,338   6936905,4.45%, 2/17/2025  8/22/2023   3,327    3,019 
 2,247   6940269,5.34%, 2/18/2025  8/23/2023   2,245    1,493 
 4,256   6937094,4.45%, 2/18/2025  8/23/2023   4,220    4,202 
 219   6937428,4.52%, 2/18/2025  8/23/2023   218    108 
 1,321   6939285,5.52%, 2/18/2025  8/23/2023   1,316    1,288 
 1,347   6937906,4.72%, 2/18/2025  8/23/2023   1,342    1,312 
 1,819   6940949,4.45%, 2/18/2025  8/23/2023   1,813    1,731 
 5,359   6939457,4.73%, 2/18/2025  8/23/2023   5,316    5,321 
 6,312   6938889,5.92%, 2/18/2025  8/23/2023   6,307    2,489 
 2,977   6940786,5.34%, 2/18/2025  8/23/2023   2,975    2,267 
 979   6940853,5.14%, 2/18/2025  8/23/2023   978    805 
 23,261   6941000,5.34%, 2/18/2025(e)  8/23/2023   23,251    8,481 
 4,812   6940612,4.45%, 2/18/2025  8/23/2023   4,799    3,441 
 4,562   6941482,5.16%, 2/19/2025  8/24/2023   4,557    3,751 
 3,827   6941451,4.45%, 2/19/2025  8/24/2023   3,820    2,654 
 1,747   6941438,5.16%, 2/19/2025  8/24/2023   1,747    1,032 
 498   6941666,5.99%, 2/19/2025  8/24/2023   498    278 
 263   6941529,4.45%, 2/19/2025  8/24/2023   253    262 
 84   6941570,5.20%, 2/19/2025  8/24/2023   84    73 
 1,523   6941123,4.72%, 2/19/2025  8/24/2023   1,519    1,477 
 4,038   6942471,4.44%, 2/20/2025  8/24/2023   4,015    3,976 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202447

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,040   6942038,5.91%, 2/20/2025(e)  8/24/2023  $3,039   $376 
 5,417   6942599,4.44%, 2/20/2025  8/24/2023   5,394    5,168 
 2,400   6942445,5.33%, 2/20/2025  8/24/2023   2,399    1,281 
 400   6942030,5.53%, 2/20/2025  8/24/2023   400    343 
 2,051   6942421,5.91%, 2/20/2025  8/24/2023   2,049    770 
 401   6942569,5.75%, 2/20/2025(e)  8/24/2023   400    299 
 881   6942019,5.52%, 2/20/2025  8/24/2023   880    713 
 2,302   6943787,5.50%, 2/21/2025  8/24/2023   2,301    1,833 
 1,910   6944889,5.50%, 2/21/2025  8/24/2023   1,908    1,354 
 459   6944983,6.02%, 2/21/2025  8/24/2023   459    278 
 7,421   6943085,4.71%, 2/21/2025  8/24/2023   7,406    7,221 
 6,274   6944348,4.71%, 2/21/2025  8/24/2023   6,270    3,505 
 148   6945797,4.43%, 2/21/2025  8/24/2023   143    147 
 4,882   6945059,4.71%, 2/21/2025  8/24/2023   4,873    4,726 
 3,307   6945047,4.53%, 2/21/2025(e)  8/24/2023   3,305    1,013 
 306   6944321,5.74%, 2/21/2025  8/24/2023   305    290 
 15,504   6945883,4.95%, 2/21/2025  8/24/2023   15,484    15,029 
 830   6944844,4.96%, 2/21/2025  8/24/2023   828    808 
 5,484   6942911,5.14%, 2/21/2025  8/24/2023   5,480    4,099 
 2,148   6943694,5.33%, 2/21/2025  8/24/2023   2,147    1,659 
 3,203   6944429,4.43%, 2/21/2025  8/24/2023   3,173    3,174 
 13,747   6945191,4.43%, 2/21/2025  8/24/2023   13,707    12,406 
 1,050   6945718,4.43%, 2/21/2025  8/24/2023   1,034    1,043 
 20,457   6945499,4.71%, 2/21/2025(e)  8/24/2023   20,445    11,416 
 6,729   6943831,4.71%, 2/21/2025  8/24/2023   6,705    6,670 
 2,611   6946258,4.52%, 2/21/2025(e)  8/24/2023   2,609    591 
 15,147   6948312,5.51%, 2/22/2025  8/25/2023   15,141    5,156 
 3,371   6948659,5.74%, 2/22/2025  8/25/2023   3,370    1,008 
 28,332   6948088,5.50%, 2/22/2025(e)  8/25/2023   28,324    5,471 
 4,760   6948719,5.14%, 2/22/2025  8/25/2023   4,757    3,589 
 66,696   6948749,5.14%, 2/22/2025  8/25/2023   66,672    27,580 
 12,514   6949933,5.14%, 2/22/2025  8/25/2023   12,508    7,685 
 7,147   6949666,5.14%, 2/22/2025  8/25/2023   7,135    6,929 
 654   6948701,4.95%, 2/22/2025  8/25/2023   653    637 
 54,041   6949305,5.75%, 2/22/2025(e)  8/25/2023   54,022    11,068 
 1,018   6946930,5.51%, 2/22/2025  8/25/2023   1,017    826 
 14,057   6947577,5.90%, 2/22/2025(e)  8/25/2023   14,049    4,219 
 3,454   6946809,4.43%, 2/22/2025  8/25/2023   3,427    3,403 
 997   6950154,4.43%, 2/23/2025  8/28/2023   989    988 
 9,355   6951292,4.71%, 2/23/2025  8/28/2023   9,333    7,294 
 1,834   6950813,4.95%, 2/23/2025  8/28/2023   1,812    1,804 
 9,339   6952463,5.32%, 2/23/2025  8/28/2023   9,308    7,204 
 4,822   6953104,4.44%, 2/23/2025  8/28/2023   4,803    4,596 
 503   6952583,5.51%, 2/23/2025  8/28/2023   497    492 

 

See Notes to Financial Statements. 
48(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,320   6951757,5.92%, 2/23/2025(e)  8/28/2023  $1,315   $248 
 21,840   6952851,5.75%, 2/23/2025  8/28/2023   21,782    9,317 
 829   6952252,6.14%, 2/23/2025(e)  8/28/2023   828    174 
 8,124   6952356,5.14%, 2/23/2025(e)  8/28/2023   8,117    4,914 
 2,379   6958084,5.53%, 2/24/2025(e)  8/29/2023   2,377    2,067 
 10,141   6955764,6.17%, 2/24/2025(e)  8/29/2023   10,132    1,271 
 4,508   6956206,5.34%, 2/24/2025  8/29/2023   4,503    3,765 
 2,815   6958307,4.97%, 2/24/2025  8/29/2023   2,812    2,728 
 2,913   6957883,5.76%, 2/24/2025  8/29/2023   2,911    1,588 
 3,573   6954861,5.77%, 2/24/2025(e)  8/29/2023   3,572    1,542 
 9,403   6957084,4.97%, 2/24/2025  8/29/2023   9,395    8,747 
 7,813   6956091,5.77%, 2/24/2025  8/29/2023   7,807    4,302 
 2,254   6955829,4.73%, 2/24/2025  8/29/2023   2,236    2,235 
 1,047   6956853,4.73%, 2/24/2025  8/29/2023   1,037    1,041 
 175   6956375,5.23%, 2/24/2025  8/29/2023   175    141 
 2,705   6955672,4.45%, 2/24/2025  8/29/2023   2,691    2,635 
 3,978   6957757,6.01%, 2/24/2025(e)  8/29/2023   3,976    790 
 733   6956326,5.16%, 2/24/2025  8/29/2023   732    714 
 16,639   6958173,4.97%, 2/24/2025  8/29/2023   16,630    11,597 
 7,463   6957860,5.77%, 2/24/2025(e)  8/29/2023   7,460    894 
 2,043   6955602,4.45%, 2/24/2025  8/29/2023   2,030    2,005 
 2,977   6958583,4.45%, 2/25/2025  8/30/2023   2,962    2,918 
 6,254   6959480,5.16%, 2/25/2025  8/30/2023   6,236    6,057 
 3,442   6958689,4.45%, 2/25/2025  8/30/2023   3,423    3,354 
 1,027   6962183,5.21%, 2/25/2025  8/30/2023   1,026    419 
 879   6961463,5.53%, 2/25/2025  8/30/2023   877    825 
 35,946   6959746,4.73%, 2/25/2025  8/30/2023   35,886    33,392 
 2,229   6961888,4.45%, 2/25/2025  8/30/2023   2,217    2,167 
 9,632   6960330,5.77%, 2/25/2025(e)  8/30/2023   9,624    6,576 
 3,783   6959162,4.97%, 2/25/2025  8/30/2023   3,775    3,725 
 6,613   6962051,6.17%, 2/25/2025(e)  8/30/2023   6,609    2,746 
 1,711   6962813,4.45%, 2/26/2025  8/31/2023   1,696    1,689 
 3,282   6962762,5.53%, 2/26/2025  8/31/2023   3,279    2,830 
 1,848   6962642,5.92%, 2/26/2025  8/31/2023   1,847    892 
 2,328   6962784,4.97%, 2/26/2025  8/31/2023   2,321    2,256 
 2,092   6963052,4.73%, 2/26/2025  8/31/2023   2,079    1,949 
 2,203   6962854,5.16%, 2/26/2025  8/31/2023   2,202    1,834 
 433   6963003,5.16%, 2/26/2025  8/31/2023   432    414 
 644   6963261,5.23%, 2/27/2025(e)  8/31/2023   644    87 
 1,267   6963546,4.55%, 2/27/2025  8/31/2023   1,263    474 
 571   6963623,4.44%, 2/27/2025  8/31/2023   566    566 
 1,195   6963591,6.16%, 2/27/2025  8/31/2023   1,177    1,063 
 702   6963618,5.14%, 2/27/2025  8/31/2023   701    630 
 8,001   6963197,4.72%, 2/27/2025  8/31/2023   7,992    6,358 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202449

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$850   6963514,5.76%, 2/27/2025  8/31/2023  $845   $811 
 369   6963598,5.99%, 2/27/2025  8/31/2023   369    320 
 724   6963192,5.53%, 2/27/2025  8/31/2023   724    526 
 1,182   6963114,5.52%, 2/27/2025  8/31/2023   1,182    389 
 1,624   6963340,5.22%, 2/27/2025  8/31/2023   1,623    629 
 3,431   6963487,4.97%, 2/27/2025(e)  8/31/2023   3,430    1,646 
 545   6963541,5.50%, 2/27/2025  8/31/2023   544    398 
 10,887   6969371,5.15%, 2/28/2025  9/1/2023   10,862    10,522 
 3,314   6967674,4.72%, 2/28/2025  9/1/2023   3,308    2,954 
 525   6970701,4.72%, 2/28/2025  9/1/2023   522    521 
 2,591   6978688,4.76%, 2/28/2025  9/6/2023   2,583    2,421 
 694   6980724,5.20%, 2/28/2025  9/6/2023   694    624 
 1,817   6980446,5.37%, 2/28/2025(e)  9/6/2023   1,816    684 
 1,923   6973510,5.77%, 2/28/2025  9/5/2023   1,922    891 
 282   6979380,4.49%, 2/28/2025  9/6/2023   280    279 
 2,288   6970994,4.44%, 2/28/2025  9/1/2023   2,268    2,260 
 6,620   6965495,5.51%, 2/28/2025  8/31/2023   6,606    5,792 
 420   6971265,5.25%, 2/28/2025  9/5/2023   416    222 
 3,630   6971186,4.45%, 2/28/2025  9/5/2023   3,610    3,541 
 2,978   6972154,6.17%, 2/28/2025  9/5/2023   2,920    2,819 
 5,249   6966932,5.32%, 2/28/2025  8/31/2023   5,246    4,165 
 559   6977480,6.09%, 2/28/2025  9/6/2023   559    211 
 4,524   6978306,5.38%, 2/28/2025  9/6/2023   4,493    4,404 
 2,753   6979418,4.48%, 2/28/2025  9/6/2023   2,726    2,719 
 7,581   6979487,5.01%, 2/28/2025  9/6/2023   7,567    7,357 
 841   6981041,5.01%, 2/28/2025  9/6/2023   833    831 
 7,620   6964893,4.95%, 2/28/2025  8/31/2023   7,614    6,904 
 1,540   6967153,6.00%, 2/28/2025  8/31/2023   1,537    1,224 
 1,601   6980695,4.48%, 2/28/2025  9/6/2023   1,591    1,538 
 794   6969095,5.52%, 2/28/2025  9/1/2023   789    697 
 821   6971232,4.97%, 2/28/2025  9/5/2023   818    798 
 639   6971377,4.98%, 2/28/2025  9/5/2023   637    599 
 618   6974186,5.91%, 2/28/2025(e)  9/5/2023   615    304 
 537   6978101,4.58%, 2/28/2025  9/6/2023   504    503 
 634   6968512,4.72%, 2/28/2025  9/1/2023   626    629 
 942   6972000,5.76%, 2/28/2025  9/5/2023   941    878 
 2,102   6971971,4.54%, 2/28/2025(e)  9/5/2023   2,088    1,184 
 8,770   6971269,5.92%, 2/28/2025(e)  9/5/2023   8,766    1,270 
 2,937   6965677,5.20%, 2/28/2025  8/31/2023   2,933    2,131 
 23,280   6978772,5.57%, 2/28/2025(e)  9/6/2023   23,260    14,997 
 5,270   6965987,5.90%, 2/28/2025  8/31/2023   5,259    4,329 
 5,477   6965740,5.75%, 2/28/2025  8/31/2023   5,466    4,983 
 800   6967760,5.92%, 2/28/2025  9/1/2023   797    656 
 7,826   6971313,6.01%, 2/28/2025(e)  9/5/2023   7,823    1,738 

 

See Notes to Financial Statements. 
50(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,628   6971388,4.72%, 2/28/2025  9/5/2023  $4,624   $2,580 
 2,693   6980731,4.48%, 2/28/2025  9/6/2023   2,677    2,583 
 15,524   6979061,4.48%, 2/28/2025  9/6/2023   15,380    15,286 
 2,785   6979671,5.01%, 2/28/2025  9/6/2023   2,763    2,754 
 1,113   6970884,5.33%, 2/28/2025  9/1/2023   1,111    1,040 
 1,532   6967641,5.52%, 2/28/2025  9/1/2023   1,531    966 
 3,366   6980067,5.00%, 2/28/2025  9/6/2023   3,364    1,672 
 11,242   6983036,5.20%, 3/1/2025  9/7/2023   11,231    10,809 
 3,978   6982900,5.20%, 3/1/2025  9/7/2023   3,976    2,552 
 729   6983735,4.56%, 3/1/2025(e)  9/7/2023   728    169 
 5,748   6982853,5.81%, 3/1/2025(e)  9/7/2023   5,745    1,792 
 2,369   6981796,5.01%, 3/1/2025  9/7/2023   2,364    2,304 
 3,843   6984641,6.05%, 3/1/2025(e)  9/7/2023   3,842    728 
 1,854   6982433,4.58%, 3/1/2025  9/7/2023   1,841    1,537 
 35,450   6984184,5.26%, 3/1/2025(e)  9/7/2023   35,434    4,432 
 539   6982780,6.24%, 3/1/2025(e)  9/7/2023   539    229 
 6,343   6981897,6.06%, 3/1/2025  9/7/2023   6,337    4,088 
 45,773   6983347,5.01%, 3/1/2025(e)  9/7/2023   45,737    22,622 
 219   6982591,5.81%, 3/1/2025  9/7/2023   218    212 
 1,190   6982888,5.82%, 3/1/2025  9/7/2023   1,188    938 
 2,297   6983802,4.48%, 3/1/2025  9/7/2023   2,281    2,255 
 2,488   6984547,5.57%, 3/1/2025  9/7/2023   2,486    2,083 
 636   6981408,5.98%, 3/1/2025  9/7/2023   635    444 
 2,863   6985456,4.48%, 3/2/2025  9/8/2023   2,840    2,813 
 800   6985114,4.76%, 3/2/2025  9/8/2023   792    794 
 745   6985169,5.56%, 3/2/2025  9/8/2023   736    710 
 702   6984784,6.06%, 3/2/2025  9/8/2023   700    635 
 17,666   6984845,5.20%, 3/2/2025(e)  9/8/2023   17,647    14,019 
 269   6985959,5.98%, 3/3/2025  9/8/2023   269    227 
 1,322   6985668,5.36%, 3/3/2025(e)  9/8/2023   1,321    502 
 1,132   6985596,5.80%, 3/3/2025  9/8/2023   1,131    524 
 2,562   6985970,5.38%, 3/3/2025(e)  9/8/2023   2,561    1,833 
 562   6986029,4.48%, 3/3/2025  9/8/2023   553    557 
 488   6985944,5.01%, 3/3/2025  9/8/2023   487    475 
 397   6985991,5.26%, 3/3/2025  9/8/2023   396    351 
 1,035   6986002,4.47%, 3/3/2025  9/8/2023   1,024    1,022 
 2,075   6986143,5.81%, 3/3/2025  9/8/2023   2,073    1,651 
 2,918   6985568,6.05%, 3/3/2025  9/8/2023   2,915    2,381 
 1,277   6986076,5.80%, 3/3/2025  9/8/2023   1,274    1,218 
 1,032   6985604,5.95%, 3/3/2025  9/8/2023   1,031    806 
 2,958   6986754,5.55%, 3/4/2025  9/8/2023   2,956    2,222 
 11,908   6986641,4.75%, 3/4/2025  9/8/2023   11,880    10,723 
 4,754   6986546,4.47%, 3/4/2025  9/8/2023   4,735    3,591 
 3,864   6986285,4.74%, 3/4/2025  9/8/2023   3,854    3,631 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202451

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,876   6986360,5.17%, 3/4/2025(e)  9/8/2023  $1,875   $392 
 100   6986802,6.04%, 3/4/2025  9/8/2023   89    98 
 4,757   6989495,4.74%, 3/5/2025(e)  9/8/2023   4,748    3,946 
 3,632   6989850,4.74%, 3/5/2025  9/8/2023   3,626    2,976 
 8,217   6987586,4.46%, 3/5/2025  9/8/2023   8,188    6,199 
 27   6989246,6.01%, 3/5/2025  9/8/2023   26    26 
 1,560   6988579,4.98%, 3/5/2025  9/8/2023   1,558    1,141 
 6,830   6988503,5.94%, 3/5/2025(e)  9/8/2023   6,826    1,324 
 53   6989100,5.53%, 3/5/2025  9/8/2023   52    52 
 1,706   6987803,5.79%, 3/5/2025  9/8/2023   1,705    1,056 
 5,362   6989953,4.73%, 3/5/2025  9/8/2023   5,354    3,298 
 2,538   6987875,4.45%, 3/5/2025  9/8/2023   2,522    2,474 
 4,317   6989736,4.46%, 3/5/2025  9/8/2023   4,291    4,213 
 1,021   6988060,5.80%, 3/5/2025(e)  9/8/2023   1,020    278 
 2,961   6988944,4.74%, 3/5/2025  9/8/2023   2,948    2,908 
 558   6989494,5.23%, 3/5/2025(e)  9/8/2023   557    254 
 11,963   6989630,5.17%, 3/5/2025  9/8/2023   11,957    7,867 
 1,840   6989443,4.98%, 3/5/2025  9/8/2023   1,839    926 
 2,506   6988019,4.46%, 3/5/2025  9/8/2023   2,494    1,919 
 1,727   6991597,4.99%, 3/6/2025  9/11/2023   1,723    1,690 
 2,325   6992271,5.94%, 3/6/2025(e)  9/11/2023   2,320    767 
 2,522   6990759,4.46%, 3/6/2025  9/11/2023   2,499    2,430 
 12,653   6992571,4.74%, 3/6/2025  9/11/2023   12,571    12,350 
 27,598   6993490,5.17%, 3/6/2025(e)  9/11/2023   27,583    10,545 
 264   6990596,4.77%, 3/6/2025  9/11/2023   263    258 
 549   6993007,4.55%, 3/6/2025  9/11/2023   540    505 
 6,751   6993208,4.98%, 3/6/2025  9/11/2023   6,745    4,948 
 2,524   6993674,5.35%, 3/6/2025  9/11/2023   2,473    2,469 
 3,241   6991735,5.23%, 3/6/2025  9/11/2023   3,232    2,667 
 11,963   6991875,5.54%, 3/6/2025(e)  9/11/2023   11,956    2,336 
 1,209   6991579,5.79%, 3/6/2025(e)  9/11/2023   1,208    396 
 2,568   6993041,4.98%, 3/6/2025  9/11/2023   2,561    2,505 
 5,724   6993158,4.45%, 3/6/2025(e)  9/11/2023   5,708    3,503 
 2,290   6990537,5.35%, 3/6/2025  9/11/2023   2,280    2,156 
 7,182   6997169,4.75%, 3/7/2025  9/12/2023   7,136    7,062 
 3,183   6997744,4.47%, 3/7/2025  9/12/2023   3,141    3,156 
 2,416   6996109,4.75%, 3/7/2025  9/12/2023   2,409    2,273 
 558   6996223,5.36%, 3/7/2025  9/12/2023   558    537 
 6,305   6995943,4.47%, 3/7/2025  9/12/2023   6,264    5,880 
 300   6996179,4.75%, 3/7/2025  9/12/2023   296    298 
 2,153   6997814,4.76%, 3/7/2025  9/12/2023   2,146    2,080 
 10,297   6998129,5.56%, 3/7/2025  9/12/2023   10,287    9,156 
 1,190   6997574,4.47%, 3/7/2025  9/12/2023   1,172    1,179 
 1,319   6995755,5.56%, 3/7/2025  9/12/2023   1,310    1,270 

 

See Notes to Financial Statements. 
52(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,868   6995737,5.95%, 3/7/2025(e)  9/12/2023  $2,866   $913 
 3,538   6997453,5.00%, 3/7/2025  9/12/2023   3,530    3,442 
 5,070   6999578,6.05%, 3/8/2025  9/13/2023   5,064    4,159 
 2,777   7000703,5.81%, 3/8/2025(e)  9/13/2023   2,776    842 
 5,952   7001121,4.75%, 3/8/2025  9/13/2023   5,918    5,822 
 3,663   7000169,5.01%, 3/8/2025(e)  9/13/2023   3,661    1,645 
 6,422   7000892,4.75%, 3/8/2025  9/13/2023   6,401    6,051 
 7,028   7002120,5.37%, 3/8/2025  9/13/2023   7,025    4,223 
 228   7000517,5.53%, 3/8/2025  9/13/2023   228    221 
 5,459   7000815,4.75%, 3/8/2025  9/13/2023   5,423    5,330 
 19,316   7001858,4.48%, 3/8/2025  9/13/2023   19,192    18,061 
 35,424   6999740,4.47%, 3/8/2025  9/13/2023   35,289    26,789 
 1,140   6999731,4.56%, 3/8/2025  9/13/2023   1,139    682 
 2,172   7000212,5.80%, 3/8/2025  9/13/2023   2,169    1,897 
 1,929   7000532,4.47%, 3/8/2025  9/13/2023   1,887    1,917 
 3,788   7002071,5.55%, 3/8/2025  9/13/2023   3,786    1,426 
 36,349   7000248,5.56%, 3/8/2025  9/13/2023   36,331    13,449 
 11,207   7001258,6.05%, 3/8/2025(e)  9/13/2023   11,202    2,792 
 836   7000995,4.57%, 3/8/2025  9/13/2023   835    566 
 9,347   7002524,5.56%, 3/9/2025(e)  9/14/2023   9,343    3,200 
 2,943   7002625,5.00%, 3/9/2025  9/14/2023   2,939    2,510 
 1,604   7002684,5.01%, 3/9/2025  9/14/2023   1,601    1,186 
 4,953   7003236,5.18%, 3/9/2025  9/14/2023   4,949    3,262 
 7,787   7002759,5.37%, 3/9/2025  9/14/2023   7,780    6,860 
 4,796   7003706,4.74%, 3/10/2025  9/14/2023   4,784    4,338 
 3,549   7003407,5.79%, 3/10/2025  9/14/2023   3,543    3,139 
 5,257   7003821,5.95%, 3/10/2025(e)  9/14/2023   5,249    1,048 
 623   7003699,4.58%, 3/10/2025  9/14/2023   622    298 
 1,498   7003894,5.79%, 3/10/2025  9/14/2023   1,490    1,352 
 5,768   7003505,4.47%, 3/10/2025  9/14/2023   5,732    5,407 
 9,093   7003282,5.18%, 3/10/2025  9/14/2023   9,081    7,379 
 215   7005529,6.02%, 3/11/2025(e)  9/14/2023   214    206 
 13   7005243,5.17%, 3/11/2025  9/14/2023   12    13 
 2,719   7007043,4.46%, 3/11/2025  9/14/2023   2,684    2,686 
 423   7004695,5.34%, 3/11/2025  9/14/2023   422    407 
 2,304   7007032,5.77%, 3/11/2025  9/14/2023   2,303    1,114 
 789   7006514,4.46%, 3/11/2025  9/14/2023   777    783 
 1,957   7006598,4.74%, 3/11/2025  9/14/2023   1,943    1,927 
 2,396   7006691,4.46%, 3/11/2025  9/14/2023   2,242    2,386 
 19,010   7007116,5.35%, 3/11/2025  9/14/2023   19,000    14,012 
 7,711   7005533,5.35%, 3/11/2025  9/14/2023   7,706    5,688 
 2,361   7005179,4.73%, 3/11/2025  9/14/2023   2,348    2,231 
 168   7004168,5.94%, 3/11/2025  9/14/2023   166    162 
 12,716   7007255,5.17%, 3/11/2025  9/14/2023   12,700    12,241 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202453

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,370   7004933,4.74%, 3/11/2025  9/14/2023  $2,338   $2,352 
 8,911   7006411,4.98%, 3/11/2025  9/14/2023   8,901    6,564 
 1,329   7005946,5.17%, 3/11/2025  9/14/2023   1,328    1,255 
 2,830   7004799,5.35%, 3/11/2025  9/14/2023   2,829    2,346 
 11,461   7005976,4.74%, 3/11/2025  9/14/2023   11,421    10,786 
 3,113   7009663,5.53%, 3/12/2025(e)  9/15/2023   3,095    1,177 
 1,446   7009798,4.56%, 3/12/2025  9/15/2023   1,444    998 
 23,993   7007656,4.98%, 3/12/2025  9/15/2023   23,973    11,761 
 1,749   7007878,4.74%, 3/12/2025  9/15/2023   1,741    1,710 
 805   7008816,4.55%, 3/12/2025  9/15/2023   803    677 
 828   7008886,4.54%, 3/12/2025  9/15/2023   827    409 
 882   7008684,4.98%, 3/12/2025  9/15/2023   873    872 
 4,359   7007955,5.78%, 3/12/2025  9/15/2023   4,350    4,038 
 10,176   7008479,5.35%, 3/12/2025  9/15/2023   10,168    8,968 
 8,999   7007485,4.74%, 3/12/2025  9/15/2023   8,952    8,690 
 19,086   7010593,5.54%, 3/12/2025  9/15/2023   19,068    16,263 
 18,500   7009470,4.46%, 3/12/2025  9/15/2023   18,378    17,398 
 1,401   7008866,5.94%, 3/12/2025  9/15/2023   1,400    735 
 389   7008639,5.93%, 3/12/2025  9/15/2023   387    374 
 1,297   7010211,5.35%, 3/12/2025  9/15/2023   1,289    1,278 
 1,755   7009954,5.17%, 3/12/2025(e)  9/15/2023   1,754    1,181 
 639   7009786,6.17%, 3/12/2025  9/15/2023   639    357 
 3,536   7009677,5.93%, 3/12/2025(e)  9/15/2023   3,534    655 
 3,993   7008434,4.98%, 3/12/2025(e)  9/15/2023   3,989    1,878 
 7,289   7014078,4.98%, 3/13/2025  9/18/2023   7,275    3,739 
 9,146   7014439,4.46%, 3/13/2025  9/18/2023   9,090    8,616 
 565   7012694,6.03%, 3/13/2025  9/18/2023   555    520 
 10,100   7012785,4.74%, 3/13/2025  9/18/2023   10,034    9,873 
 721   7012710,5.53%, 3/13/2025  9/18/2023   717    671 
 2,769   7013712,4.98%, 3/13/2025  9/18/2023   2,766    2,084 
 1,785   7013747,5.77%, 3/13/2025  9/18/2023   1,784    1,130 
 20,952   7013374,5.54%, 3/13/2025(e)  9/18/2023   20,877    11,498 
 6,675   7014319,5.93%, 3/13/2025  9/18/2023   6,650    5,389 
 22,753   7013755,4.98%, 3/13/2025  9/18/2023   22,733    11,840 
 1,573   7012645,4.98%, 3/13/2025  9/18/2023   1,570    1,190 
 2,177   7012531,4.46%, 3/13/2025  9/18/2023   2,138    2,158 
 25,120   7018886,5.56%, 3/14/2025  9/19/2023   25,086    23,422 
 1,027   7018872,6.21%, 3/14/2025  9/19/2023   1,025    923 
 14,713   7018444,5.00%, 3/14/2025  9/19/2023   14,649    14,029 
 6,260   7016904,5.19%, 3/14/2025  9/19/2023   6,246    6,060 
 3,123   7019650,5.00%, 3/14/2025  9/19/2023   3,116    2,891 
 3,604   7020007,4.48%, 3/14/2025  9/19/2023   3,583    2,842 
 2,586   7020200,4.75%, 3/14/2025  9/19/2023   2,578    2,195 
 5,305   7020227,4.75%, 3/14/2025  9/19/2023   5,261    5,216 

 

See Notes to Financial Statements. 
54(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,087   7019731,4.47%, 3/14/2025  9/19/2023  $1,072   $1,074 
 1,528   7019712,5.56%, 3/14/2025  9/19/2023   1,527    1,191 
 10,552   7019543,4.75%, 3/14/2025(e)  9/19/2023   10,525    6,777 
 3,165   7016751,5.37%, 3/14/2025  9/19/2023   3,151    2,811 
 12   7024223,6.07%, 3/15/2025  9/20/2023   12    11 
 1,400   7021211,5.56%, 3/15/2025  9/20/2023   1,398    1,339 
 309   7021088,5.55%, 3/15/2025  9/20/2023   307    303 
 899   7023675,5.55%, 3/15/2025  9/20/2023   898    816 
 1,795   7023400,4.47%, 3/15/2025  9/20/2023   1,748    1,784 
 3,195   7020762,4.47%, 3/15/2025  9/20/2023   3,158    3,141 
 1,128   7021720,4.75%, 3/15/2025  9/20/2023   1,110    1,118 
 714   7021481,4.76%, 3/15/2025  9/20/2023   707    702 
 1,548   7023552,4.47%, 3/15/2025  9/20/2023   1,533    1,523 
 4,020   7022544,5.56%, 3/15/2025  9/20/2023   4,018    2,229 
 5,932   7022436,5.37%, 3/15/2025  9/20/2023   5,928    3,702 
 3,359   7022119,4.47%, 3/15/2025  9/20/2023   3,329    3,255 
 1,512   7021304,4.76%, 3/15/2025  9/20/2023   1,504    1,473 
 651   7021768,4.60%, 3/15/2025  9/20/2023   651    227 
 9,275   7024312,5.19%, 3/15/2025  9/20/2023   9,268    6,454 
 1,675   7022420,5.00%, 3/15/2025  9/20/2023   1,673    1,451 
 4,214   7023968,4.75%, 3/15/2025  9/20/2023   4,203    3,564 
 709   7020667,5.00%, 3/15/2025  9/20/2023   706    695 
 647   7020702,4.47%, 3/15/2025  9/20/2023   626    642 
 826   7021606,5.00%, 3/15/2025  9/20/2023   824    782 
 2,962   7025466,5.37%, 3/16/2025  9/21/2023   2,956    2,876 
 231   7025148,4.59%, 3/16/2025  9/21/2023   231    163 
 898   7024850,4.58%, 3/16/2025  9/21/2023   897    371 
 15,410   7025156,4.75%, 3/16/2025  9/21/2023   15,362    13,096 
 20,991   7026104,4.75%, 3/17/2025  9/21/2023   20,953    12,923 
 3,210   7025562,4.74%, 3/17/2025  9/21/2023   3,199    2,730 
 2,337   7025975,6.04%, 3/17/2025(e)  9/21/2023   2,334    1,515 
 1,646   7026090,6.18%, 3/17/2025  9/21/2023   1,645    657 
 1,180   7025956,5.17%, 3/17/2025  9/21/2023   1,179    1,078 
 1,823   7025993,4.74%, 3/17/2025  9/21/2023   1,815    1,663 
 2,604   7025820,4.47%, 3/17/2025  9/21/2023   2,570    2,564 
 1,896   7025617,4.47%, 3/17/2025  9/21/2023   1,873    1,874 
 3,201   7025861,4.47%, 3/17/2025  9/21/2023   3,159    3,153 
 8,310   7026021,4.46%, 3/17/2025  9/21/2023   8,257    6,595 
 7,838   7027424,4.46%, 3/18/2025  9/21/2023   7,734    7,722 
 698   7028667,4.98%, 3/18/2025  9/21/2023   691    690 
 4,311   7028747,5.35%, 3/18/2025  9/21/2023   4,303    4,193 
 1,198   7027131,6.03%, 3/18/2025  9/21/2023   1,183    1,064 
 8,951   7028501,6.03%, 3/18/2025  9/21/2023   8,946    3,913 
 55,246   7028221,5.78%, 3/18/2025(e)  9/21/2023   55,205    18,420 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202455

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,231   7027706,5.17%, 3/18/2025  9/21/2023  $2,223   $2,191 
 1,646   7027307,4.46%, 3/18/2025  9/21/2023   1,619    1,629 
 2,223   7027903,4.98%, 3/18/2025  9/21/2023   2,217    2,114 
 736   7027820,5.78%, 3/18/2025(e)  9/21/2023   736    554 
 1,614   7027943,5.53%, 3/18/2025  9/21/2023   1,613    1,286 
 67,505   7028872,4.98%, 3/18/2025  9/21/2023   67,406    36,442 
 911   7027862,5.92%, 3/18/2025  9/21/2023   910    424 
 1,104   7026447,5.54%, 3/18/2025  9/21/2023   1,097    1,080 
 2,895   7028601,4.46%, 3/18/2025  9/21/2023   2,868    2,831 
 14,016   7031108,5.23%, 3/19/2025  9/22/2023   14,001    9,656 
 125   7030527,5.23%, 3/19/2025  9/22/2023   117    118 
 489   7032514,6.16%, 3/19/2025  9/22/2023   488    363 
 150   7032556,4.45%, 3/19/2025  9/22/2023   141    150 
 403   7032935,6.03%, 3/19/2025  9/22/2023   401    392 
 21,833   7032091,5.17%, 3/19/2025  9/22/2023   21,802    19,274 
 9,527   7032436,5.17%, 3/19/2025  9/22/2023   9,517    7,771 
 17,001   7033377,4.98%, 3/19/2025  9/22/2023   16,954    16,134 
 22,367   7030584,5.17%, 3/19/2025  9/22/2023   22,347    15,883 
 3,088   7032709,5.17%, 3/19/2025  9/22/2023   3,065    3,063 
 683   7031969,6.18%, 3/19/2025  9/22/2023   683    332 
 4,861   7033986,4.98%, 3/19/2025  9/22/2023   4,817    4,795 
 10,414   7031770,4.46%, 3/19/2025  9/22/2023   10,357    8,126 
 3,391   7033552,4.46%, 3/19/2025  9/22/2023   3,363    3,282 
 3,578   7033856,4.98%, 3/19/2025  9/22/2023   3,573    1,867 
 3,745   7032534,4.99%, 3/19/2025  9/22/2023   3,739    2,013 
 695   7033858,5.35%, 3/19/2025  9/22/2023   693    676 
 775   7034215,5.52%, 3/20/2025  9/25/2023   775    444 
 6,176   7035948,4.46%, 3/20/2025  9/25/2023   6,138    4,876 
 3,220   7035293,4.46%, 3/20/2025  9/25/2023   3,155    3,192 
 7,357   7036186,5.17%, 3/20/2025  9/25/2023   7,300    7,165 
 1,419   7034916,6.18%, 3/20/2025  9/25/2023   1,414    1,236 
 17,442   7037783,4.46%, 3/20/2025  9/25/2023   17,200    17,136 
 1,819   7034500,4.98%, 3/20/2025  9/25/2023   1,800    1,789 
 3,045   7037399,4.46%, 3/20/2025  9/25/2023   3,022    2,889 
 937   7037425,4.74%, 3/20/2025  9/25/2023   926    921 
 306   7038002,5.79%, 3/20/2025  9/25/2023   304    292 
 3,072   7036172,5.94%, 3/20/2025(e)  9/25/2023   3,071    254 
 2,467   7034274,4.46%, 3/20/2025  9/25/2023   2,424    2,440 
 778   7037564,4.75%, 3/20/2025  9/25/2023   774    763 
 1,159   7037725,4.46%, 3/20/2025  9/25/2023   1,142    1,147 
 4,663   7035219,5.78%, 3/20/2025  9/25/2023   4,658    4,142 
 701   7036490,5.35%, 3/20/2025  9/25/2023   699    540 
 3,820   7037317,5.94%, 3/20/2025  9/25/2023   3,815    2,421 
 1,186   7040548,6.04%, 3/21/2025  9/26/2023   1,185    530 

 

See Notes to Financial Statements. 
56(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$27,561   7042411,5.56%, 3/21/2025  9/26/2023  $27,544   $19,471 
 5,002   7043085,6.05%, 3/21/2025  9/26/2023   4,990    4,778 
 9,618   7042233,4.75%, 3/21/2025  9/26/2023   9,583    8,263 
 3,472   7040139,4.47%, 3/21/2025  9/26/2023   3,426    3,421 
 860   7043731,5.19%, 3/21/2025  9/26/2023   857    838 
 2,433   7040202,4.47%, 3/21/2025  9/26/2023   2,401    2,396 
 1,757   7043380,4.47%, 3/21/2025  9/26/2023   1,740    1,715 
 3,183   7041735,6.05%, 3/21/2025(e)  9/26/2023   3,182    759 
 7,939   7039775,4.48%, 3/21/2025  9/26/2023   7,830    7,822 
 17,203   7041810,5.37%, 3/21/2025  9/26/2023   17,184    14,396 
 1,658   7043697,4.47%, 3/21/2025  9/26/2023   1,642    1,569 
 2,955   7040011,5.37%, 3/21/2025  9/26/2023   2,954    1,915 
 19,527   7041217,4.47%, 3/21/2025  9/26/2023   19,265    19,229 
 2,039   7040172,4.75%, 3/21/2025  9/26/2023   2,017    2,007 
 746   7043835,5.56%, 3/22/2025  9/27/2023   745    701 
 5,223   7046955,5.80%, 3/22/2025  9/27/2023   5,221    1,785 
 1,614   7044940,4.48%, 3/22/2025  9/27/2023   1,599    1,565 
 24,441   7046213,4.75%, 3/22/2025  9/27/2023   24,285    23,702 
 93   7044875,5.00%, 3/22/2025  9/27/2023   86    92 
 5,117   7045765,5.37%, 3/22/2025(e)  9/27/2023   5,115    974 
 5,330   7044798,4.57%, 3/22/2025(e)  9/27/2023   5,323    952 
 191   7044223,5.56%, 3/22/2025  9/27/2023   190    188 
 3,671   7044067,5.00%, 3/22/2025  9/27/2023   3,651    3,532 
 1,875   7045787,4.75%, 3/22/2025  9/27/2023   1,866    1,741 
 1,464   7044181,5.81%, 3/22/2025(e)  9/27/2023   1,463    1,226 
 8,544   7045050,5.37%, 3/22/2025  9/27/2023   8,532    8,151 
 629   7046187,4.47%, 3/22/2025  9/27/2023   614    624 
 554   7045368,5.81%, 3/22/2025  9/27/2023   554    510 
 7,182   7047901,5.96%, 3/23/2025  9/28/2023   7,177    2,620 
 12,363   7047498,4.47%, 3/23/2025  9/28/2023   12,208    12,159 
 4,648   7047426,5.56%, 3/23/2025  9/28/2023   4,644    4,094 
 18,518   7047636,5.80%, 3/23/2025(e)  9/28/2023   18,509    6,495 
 776   7048432,4.74%, 3/24/2025  9/28/2023   772    754 
 1,799   7048376,4.98%, 3/24/2025  9/28/2023   1,794    1,596 
 933   7048457,5.00%, 3/24/2025  9/28/2023   928    911 
 1,175   7048416,4.74%, 3/24/2025  9/28/2023   1,169    788 
 420   7048224,4.57%, 3/24/2025  9/28/2023   418    311 
 109   7048619,5.18%, 3/24/2025  9/28/2023   108    108 
 1,954   7048230,5.37%, 3/24/2025(e)  9/28/2023   1,953    866 
 1,524   7048340,4.47%, 3/24/2025  9/28/2023   1,500    1,501 
 1,146   7048601,5.35%, 3/24/2025  9/28/2023   1,146    751 
 3,525   7048256,4.47%, 3/24/2025  9/28/2023   3,492    3,352 
 1,728   7048443,4.47%, 3/24/2025  9/28/2023   1,711    1,676 
 1,423   7048501,5.55%, 3/24/2025  9/28/2023   1,420    1,382 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202457

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$437   7048373,5.23%, 3/24/2025  9/28/2023  $435   $340 
 566   7050495,5.54%, 3/25/2025  9/28/2023   564    546 
 829   7052193,6.02%, 3/25/2025  9/28/2023   827    741 
 1,815   7052530,6.02%, 3/25/2025  9/28/2023   1,813    1,277 
 2,491   7051422,4.98%, 3/25/2025  9/28/2023   2,485    1,977 
 3,844   7049467,5.16%, 3/25/2025  9/28/2023   3,840    2,740 
 3,661   7052644,5.53%, 3/25/2025  9/28/2023   3,658    2,631 
 16,592   7051123,4.74%, 3/25/2025  9/28/2023   16,495    15,810 
 184   7049959,5.17%, 3/25/2025  9/28/2023   164    179 
 1,998   7052214,6.18%, 3/25/2025  9/28/2023   1,994    1,826 
 329   7051412,4.74%, 3/25/2025  9/28/2023   323    327 
 4,300   7052520,4.55%, 3/25/2025(e)  9/28/2023   4,298    432 
 1,965   7050863,4.73%, 3/25/2025  9/28/2023   1,952    1,918 
 1,218   7050190,5.35%, 3/25/2025  9/28/2023   1,217    1,166 
 9,105   7052337,4.46%, 3/25/2025  9/28/2023   8,987    8,957 
 5,667   7049617,5.78%, 3/25/2025  9/28/2023   5,660    4,967 
 867   7052496,5.20%, 3/25/2025  9/28/2023   866    168 
 37,644   7050674,4.98%, 3/25/2025  9/28/2023   37,587    21,055 
 2,231   7050463,5.35%, 3/25/2025  9/28/2023   2,229    2,087 
 1,174   7049764,4.55%, 3/25/2025  9/28/2023   1,171    759 
 2,645   7051473,4.74%, 3/25/2025  9/28/2023   2,634    2,276 
 2,042   7050404,4.46%, 3/25/2025  9/28/2023   2,004    2,024 
 1,899   7051364,4.74%, 3/25/2025  9/28/2023   1,884    1,855 
 2,532   7049384,5.78%, 3/25/2025  9/28/2023   2,529    2,339 
 3,024   7054224,5.78%, 3/26/2025  9/29/2023   3,021    2,308 
 1,660   7054634,5.54%, 3/26/2025  9/29/2023   1,657    1,570 
 2,155   7055765,4.55%, 3/26/2025(e)  9/29/2023   2,153    812 
 1,926   7053071,5.35%, 3/26/2025  9/29/2023   1,917    1,880 
 1,430   7054266,5.36%, 3/26/2025  9/29/2023   1,428    1,370 
 2,852   7053179,4.98%, 3/26/2025  9/29/2023   2,846    1,598 
 4,078   7052797,4.46%, 3/26/2025  9/29/2023   4,028    3,993 
 18,320   7054314,4.98%, 3/26/2025  9/29/2023   18,267    14,410 
 2,336   7054012,4.98%, 3/26/2025  9/29/2023   2,312    2,298 
 1,727   7054191,5.36%, 3/26/2025  9/29/2023   1,726    1,363 
 4,085   7054606,5.53%, 3/26/2025  9/29/2023   4,083    2,380 
 978   7053386,5.16%, 3/26/2025  9/29/2023   976    913 
 3,526   7056020,4.98%, 3/27/2025  10/2/2023   3,502    3,444 
 504   7056509,5.53%, 3/27/2025  10/2/2023   501    476 
 3,459   7056629,5.35%, 3/27/2025  10/2/2023   3,439    3,222 
 22,097   7058046,5.17%, 3/27/2025  10/2/2023   22,014    18,517 
 5,590   7055967,4.98%, 3/27/2025  10/2/2023   5,558    4,989 
 2,239   7058400,4.46%, 3/27/2025  10/2/2023   2,130    2,222 
 6,119   7057876,5.23%, 3/27/2025  10/2/2023   6,065    3,750 
 1,220   7057722,5.35%, 3/27/2025  10/2/2023   1,219    1,056 

 

See Notes to Financial Statements. 
58(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$9,205   7056843,5.35%, 3/27/2025  10/2/2023  $9,196   $7,950 
 907   7057823,5.16%, 3/27/2025  10/2/2023   890    891 
 868   7056484,4.46%, 3/27/2025  10/2/2023   854    856 
 203   7058770,6.05%, 3/27/2025  10/2/2023   203    195 
 823   7056462,5.53%, 3/27/2025  10/2/2023   823    672 
 384   7057778,4.59%, 3/27/2025  10/2/2023   383    146 
 1,726   7057799,5.78%, 3/27/2025(e)  10/2/2023   1,725    566 
 334   7058934,5.35%, 3/27/2025  10/2/2023   333    324 
 3,481   7056069,4.46%, 3/27/2025  10/2/2023   3,432    3,423 
 3,560   7058957,5.17%, 3/27/2025  10/2/2023   3,546    3,319 
 517   7057438,6.18%, 3/27/2025  10/2/2023   516    454 
 452   7057961,4.53%, 3/27/2025  10/2/2023   451    292 
 14,027   7064289,5.19%, 3/28/2025  10/3/2023   14,011    6,911 
 2,049   7063464,5.37%, 3/28/2025  10/3/2023   2,026    2,008 
 17,604   7062308,5.80%, 3/28/2025  10/3/2023   17,592    12,031 
 4,655   7062111,5.56%, 3/28/2025  10/3/2023   4,653    2,709 
 2,773   7063898,4.48%, 3/28/2025  10/3/2023   2,738    2,716 
 1,882   7063352,5.95%, 3/28/2025  10/3/2023   1,881    420 
 2,297   7061710,5.19%, 3/28/2025  10/3/2023   2,291    2,235 
 21,993   7062958,5.19%, 3/28/2025  10/3/2023   21,936    18,764 
 2,415   7062251,5.00%, 3/28/2025  10/3/2023   2,404    2,271 
 4,633   7061060,4.48%, 3/28/2025  10/3/2023   4,590    4,399 
 2,655   7064170,5.80%, 3/28/2025  10/3/2023   2,652    2,472 
 6,326   7061617,4.47%, 3/28/2025  10/3/2023   6,291    5,000 
 458   7063949,5.01%, 3/28/2025  10/3/2023   455    442 
 3,054   7061486,5.19%, 3/28/2025  10/3/2023   3,049    2,608 
 11,191   7062581,5.37%, 3/28/2025  10/3/2023   11,175    9,652 
 2,050   7064092,5.57%, 3/28/2025(e)  10/3/2023   2,049    352 
 17,494   7064404,4.48%, 3/28/2025  10/3/2023   17,298    16,996 
 7,193   7061863,4.47%, 3/28/2025  10/3/2023   7,105    7,030 
 248   7060970,4.60%, 3/28/2025  10/3/2023   248    189 
 299   7062797,4.75%, 3/28/2025  10/3/2023   290    297 
 4,591   7063967,5.80%, 3/28/2025  10/3/2023   4,586    3,905 
 1,823   7062494,4.48%, 3/28/2025  10/3/2023   1,793    1,803 
 1,802   7061022,4.47%, 3/28/2025  10/3/2023   1,774    1,778 
 23,030   7063356,5.00%, 3/28/2025  10/3/2023   22,919    20,570 
 3,874   7067530,4.47%, 3/29/2025  10/4/2023   3,836    3,760 
 2,219   7066306,4.48%, 3/29/2025  10/4/2023   2,196    2,113 
 242   7064884,5.56%, 3/29/2025  10/4/2023   238    239 
 1,731   7066457,5.56%, 3/29/2025(e)  10/4/2023   1,729    1,544 
 401   7065289,5.59%, 3/29/2025  10/4/2023   401    355 
 5,433   7065324,4.47%, 3/29/2025  10/4/2023   5,389    4,437 
 1,672   7067233,4.48%, 3/29/2025  10/4/2023   1,654    1,625 
 84   7065995,5.37%, 3/29/2025  10/4/2023   83    82 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202459

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$447   7065539,5.01%, 3/29/2025  10/4/2023  $442   $441 
 2,304   7066955,4.47%, 3/29/2025  10/4/2023   2,261    2,279 
 36,991   7066645,5.37%, 3/29/2025  10/4/2023   36,961    24,626 
 3,004   7067220,4.76%, 3/29/2025(e)  10/4/2023   2,995    1,942 
 1,813   7066005,5.55%, 3/29/2025  10/4/2023   1,800    1,742 
 8,035   7066088,5.37%, 3/29/2025  10/4/2023   8,022    7,484 
 943   7065197,6.19%, 3/29/2025  10/4/2023   942    714 
 3,825   7066234,5.37%, 3/29/2025  10/4/2023   3,822    3,045 
 615   7067793,5.53%, 3/29/2025  10/4/2023   615    507 
 1,371   7068836,5.95%, 3/30/2025  10/5/2023   1,369    927 
 977   7068578,4.47%, 3/30/2025  10/5/2023   967    927 
 2,151   7068945,6.20%, 3/30/2025  10/5/2023   2,149    1,780 
 3,727   7068769,5.00%, 3/30/2025  10/5/2023   3,704    3,613 
 8   7068621,5.18%, 3/30/2025  10/5/2023   7    8 
 384   7068248,6.20%, 3/30/2025  10/5/2023   383    300 
 6,554   7068495,4.75%, 3/30/2025  10/5/2023   6,520    5,761 
 2,691   7068887,5.57%, 3/30/2025(e)  10/5/2023   2,686    466 
 922   7068303,5.27%, 3/30/2025(e)  10/5/2023   922    297 
 808   7068429,5.96%, 3/30/2025  10/5/2023   807    632 
 1,469   7068436,5.00%, 3/30/2025  10/5/2023   1,455    1,439 
 1,894   7068877,5.38%, 3/30/2025  10/5/2023   1,892    860 
 10,001   7068327,5.80%, 3/30/2025(e)  10/5/2023   9,997    2,540 
 2,618   7069002,6.20%, 3/30/2025  10/5/2023   2,597    2,320 
 137   7068566,6.21%, 3/30/2025  10/5/2023   136    133 
 9,886   7068955,5.19%, 3/30/2025(e)  10/5/2023   9,875    4,816 
 2,763   7069526,4.74%, 4/1/2025  10/5/2023   2,741    2,675 
 4,589   7069119,4.98%, 4/1/2025  10/5/2023   4,557    4,488 
 1,461   7069081,5.53%, 4/1/2025  10/5/2023   1,458    1,424 
 3,636   7069348,5.78%, 4/1/2025  10/5/2023   3,633    2,874 
 736   7069299,4.58%, 4/1/2025  10/5/2023   735    217 
 5,254   7069637,4.98%, 4/1/2025  10/5/2023   5,223    5,097 
 1,702   7069584,5.53%, 4/1/2025  10/5/2023   1,701    1,008 
 2,914   7069310,4.46%, 4/1/2025  10/5/2023   2,878    2,836 
 1,868   7069048,5.35%, 4/1/2025  10/5/2023   1,865    1,690 
 956   7069262,5.36%, 4/1/2025  10/5/2023   954    632 
 4,964   7069468,4.46%, 4/1/2025  10/5/2023   4,874    4,910 
 6,000   7069590,4.98%, 4/1/2025  10/5/2023   5,962    5,804 
 1,592   7069194,5.17%, 4/1/2025  10/5/2023   1,583    1,552 
 1,105   7069241,6.16%, 4/1/2025(e)  10/5/2023   1,105    212 
 14,457   7069701,4.46%, 4/1/2025  10/5/2023   14,278    14,141 
 8,134   7069565,6.18%, 4/1/2025(e)  10/5/2023   8,131    707 
 1,713   7071149,5.77%, 4/2/2025  10/5/2023   1,706    1,594 
 706   7071082,5.77%, 4/2/2025  10/5/2023   703    688 
 4,046   7073392,5.77%, 4/2/2025  10/5/2023   4,042    3,645 

 

See Notes to Financial Statements. 
60(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,497   7071487,4.73%, 4/2/2025  10/5/2023  $5,474   $4,842 
 361   7072748,5.14%, 4/2/2025  10/5/2023   360    338 
 5,167   7071709,4.45%, 4/2/2025  10/5/2023   5,111    5,019 
 452   7072876,4.97%, 4/2/2025  10/5/2023   439    445 
 481   7072750,4.97%, 4/2/2025  10/5/2023   468    472 
 2,297   7072722,5.16%, 4/2/2025  10/5/2023   2,293    1,708 
 2,848   7072110,5.34%, 4/2/2025  10/5/2023   2,842    2,762 
 1,929   7073273,5.16%, 4/2/2025  10/5/2023   1,923    1,844 
 4,464   7071784,5.34%, 4/2/2025  10/5/2023   4,448    4,176 
 969   7070970,4.72%, 4/2/2025  10/5/2023   956    956 
 3,416   7072938,5.53%, 4/2/2025  10/5/2023   3,414    1,946 
 838   7072930,4.45%, 4/2/2025  10/5/2023   823    829 
 18,010   7072169,4.97%, 4/2/2025  10/5/2023   17,888    17,431 
 1,741   7071532,4.72%, 4/2/2025  10/5/2023   1,724    1,707 
 3,001   7071402,5.16%, 4/2/2025(e)  10/5/2023   2,997    1,444 
 14,129   7076946,5.16%, 4/3/2025  10/6/2023   14,101    10,274 
 2,500   7074714,5.77%, 4/3/2025  10/6/2023   2,498    1,992 
 2,755   7075248,5.34%, 4/3/2025  10/6/2023   2,733    2,695 
 828   7077167,4.55%, 4/3/2025  10/6/2023   826    745 
 3,216   7077714,4.45%, 4/3/2025  10/6/2023   3,172    3,161 
 1,027   7077193,4.72%, 4/3/2025  10/6/2023   1,020    1,005 
 7,086   7074733,4.73%, 4/3/2025  10/6/2023   7,052    6,225 
 11,192   7076207,4.73%, 4/3/2025  10/6/2023   11,098    10,959 
 7,049   7076059,4.97%, 4/3/2025  10/6/2023   7,012    6,707 
 627   7075612,5.34%, 4/3/2025  10/6/2023   624    619 
 2,183   7075048,4.45%, 4/3/2025  10/6/2023   2,152    2,146 
 2,439   7076347,5.53%, 4/3/2025  10/6/2023   2,437    1,801 
 2,098   7074034,4.45%, 4/3/2025  10/6/2023   2,030    2,082 
 4,405   7077272,5.16%, 4/3/2025  10/6/2023   4,392    4,145 
 413   7077263,5.33%, 4/3/2025  10/6/2023   412    402 
 22,650   7075446,5.53%, 4/3/2025  10/6/2023   22,634    9,627 
 348   7074708,5.34%, 4/3/2025  10/6/2023   345    341 
 1,670   7075433,5.34%, 4/3/2025  10/6/2023   1,652    1,130 
 4,719   7074491,5.77%, 4/3/2025  10/6/2023   4,716    4,011 
 2,320   7074562,4.45%, 4/3/2025  10/6/2023   2,286    2,281 
 21,468   7077324,5.16%, 4/3/2025  10/6/2023   21,414    19,453 
 13,640   7074591,5.34%, 4/3/2025  10/6/2023   13,631    6,210 
 343   7077522,5.34%, 4/3/2025  10/6/2023   327    339 
 5,412   7077154,6.01%, 4/3/2025(e)  10/6/2023   5,410    1,613 
 621   7080845,5.16%, 4/4/2025  10/10/2023   604    617 
 4,862   7080680,5.34%, 4/4/2025  10/10/2023   4,844    3,360 
 2,660   7078812,5.16%, 4/4/2025  10/10/2023   2,651    2,298 
 2,330   7080947,6.00%, 4/4/2025(e)  10/10/2023   2,329    641 
 2,451   7079696,4.54%, 4/4/2025(e)  10/10/2023   2,444    974 

 

 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202461

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,085   7078751,4.73%, 4/4/2025  10/10/2023  $1,071   $1,063 
 2,015   7079391,5.35%, 4/4/2025  10/10/2023   2,010    1,838 
 2,141   7080395,4.45%, 4/4/2025  10/10/2023   2,112    2,097 
 862   7077950,4.45%, 4/4/2025  10/10/2023   801    858 
 2,339   7079685,5.16%, 4/4/2025  10/10/2023   2,337    1,169 
 1,962   7077917,4.45%, 4/4/2025  10/10/2023   1,923    1,940 
 566   7080658,5.77%, 4/4/2025  10/10/2023   565    481 
 3,203   7079733,4.98%, 4/4/2025  10/10/2023   3,176    3,135 
 1,811   7078850,4.97%, 4/4/2025  10/10/2023   1,795    1,783 
 2,484   7079307,4.97%, 4/4/2025  10/10/2023   2,445    2,446 
 2,730   7079156,5.34%, 4/4/2025  10/10/2023   2,698    2,667 
 1,969   7080732,4.98%, 4/4/2025  10/10/2023   1,957    1,908 
 1,047   7080952,5.52%, 4/4/2025  10/10/2023   1,042    1,018 
 6,366   7081001,4.45%, 4/4/2025  10/10/2023   6,272    6,183 
 401   7078149,6.02%, 4/4/2025  10/10/2023   394    382 
 6,519   7078666,4.45%, 4/4/2025  10/10/2023   6,458    5,392 
 669   7077837,4.98%, 4/4/2025  10/10/2023   658    660 
 13,804   7081122,4.97%, 4/4/2025  10/10/2023   13,745    12,435 
 3,728   7086761,4.47%, 4/5/2025  10/11/2023   3,665    3,677 
 50,311   7088123,4.75%, 4/5/2025  10/11/2023   50,030    44,571 
 1,411   7085858,4.55%, 4/5/2025  10/11/2023   1,411    413 
 1,116   7086988,4.75%, 4/5/2025  10/11/2023   1,065    1,109 
 692   7085177,6.21%, 4/5/2025  10/11/2023   691    580 
 9,021   7086144,5.18%, 4/5/2025  10/11/2023   8,989    8,256 
 905   7088103,5.20%, 4/5/2025  10/11/2023   901    851 
 3,083   7088631,4.47%, 4/5/2025  10/11/2023   3,048    2,934 
 3,633   7086321,5.00%, 4/5/2025  10/11/2023   3,601    3,559 
 8,708   7087808,4.75%, 4/5/2025  10/11/2023   8,638    8,327 
 8,991   7087091,4.75%, 4/5/2025  10/11/2023   8,920    8,805 
 322   7086981,6.19%, 4/5/2025  10/11/2023   321    297 
 6,932   7085499,4.47%, 4/5/2025  10/11/2023   6,806    6,842 
 617   7085114,5.00%, 4/5/2025  10/11/2023   601    610 
 1,223   7086103,4.47%, 4/5/2025  10/11/2023   1,195    1,211 
 2,898   7086015,5.00%, 4/5/2025  10/11/2023   2,874    2,815 
 5,239   7085227,4.76%, 4/5/2025  10/11/2023   5,219    3,460 
 11,770   7087866,4.47%, 4/5/2025  10/11/2023   11,483    11,654 
 9,510   7087246,5.56%, 4/5/2025  10/11/2023   9,490    9,020 
 70,035   7087461,5.37%, 4/5/2025(e)  10/11/2023   69,974    31,874 
 933   7091723,5.53%, 4/6/2025  10/12/2023   933    571 
 46   7090944,4.60%, 4/6/2025  10/12/2023   46    43 
 709   7089914,5.54%, 4/6/2025  10/12/2023   708    530 
 20,015   7091758,4.47%, 4/6/2025  10/12/2023   19,519    19,837 
 1,449   7090120,4.75%, 4/6/2025  10/12/2023   1,429    1,429 
 3,112   7090784,5.01%, 4/6/2025  10/12/2023   3,095    2,818 

 

See Notes to Financial Statements. 
62(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,435   7090831,4.75%, 4/6/2025  10/12/2023  $10,375   $9,315 
 12,837   7091006,5.00%, 4/6/2025  10/12/2023   12,770    11,585 
 1,374   7090982,4.47%, 4/6/2025  10/12/2023   1,356    1,349 
 4,394   7090765,5.19%, 4/6/2025  10/12/2023   4,379    3,995 
 1,397   7089455,6.20%, 4/6/2025  10/12/2023   1,393    1,315 
 314   7090938,5.82%, 4/6/2025  10/12/2023   314    294 
 5,464   7090929,5.80%, 4/6/2025  10/12/2023   5,461    3,207 
 2,408   7089727,4.48%, 4/6/2025  10/12/2023   2,355    2,383 
 1,499   7090685,5.17%, 4/6/2025  10/12/2023   1,496    757 
 1,062   7092356,4.99%, 4/7/2025  10/13/2023   1,055    1,018 
 2,912   7092982,5.80%, 4/7/2025  10/13/2023   2,909    2,363 
 7,857   7093031,5.19%, 4/7/2025  10/13/2023   7,827    7,196 
 1,664   7092380,4.48%, 4/7/2025  10/13/2023   1,623    1,648 
 641   7092613,5.81%, 4/7/2025  10/13/2023   640    501 
 3,940   7093153,5.37%, 4/7/2025  10/13/2023   3,933    3,464 
 2,489   7092962,4.48%, 4/7/2025  10/13/2023   2,464    2,079 
 1,532   7093394,5.00%, 4/8/2025  10/13/2023   1,520    1,489 
 3,128   7094916,6.04%, 4/9/2025(e)  10/13/2023   3,127    728 
 1,060   7094694,5.35%, 4/9/2025  10/13/2023   1,058    880 
 21,476   7094939,5.17%, 4/9/2025(e)  10/13/2023   21,439    10,969 
 2,648   7094562,4.46%, 4/9/2025  10/13/2023   2,614    2,575 
 2,043   7095362,4.56%, 4/9/2025(e)  10/13/2023   2,042    849 
 1,804   7094146,5.17%, 4/9/2025  10/13/2023   1,800    988 
 5,365   7094163,4.46%, 4/9/2025  10/13/2023   5,284    5,249 
 10,428   7094706,6.18%, 4/9/2025  10/13/2023   10,416    8,355 
 3,010   7094470,5.53%, 4/9/2025  10/13/2023   3,007    2,576 
 1,943   7095101,5.17%, 4/9/2025  10/13/2023   1,939    1,476 
 1,220   7095207,5.78%, 4/9/2025  10/13/2023   1,216    1,185 
 952   7094817,6.03%, 4/9/2025  10/13/2023   949    869 
 1,126   7094451,5.35%, 4/9/2025  10/13/2023   1,119    1,084 
 3,617   7093931,5.35%, 4/9/2025  10/13/2023   3,606    3,327 
 1,889   7097149,4.73%, 4/10/2025  10/13/2023   1,865    1,852 
 196   7096179,4.74%, 4/10/2025  10/13/2023   185    195 
 2,635   7098521,4.46%, 4/10/2025  10/13/2023   2,613    2,186 
 23,002   7097368,4.45%, 4/10/2025(e)  10/13/2023   22,859    18,353 
 5,158   7098906,4.73%, 4/10/2025  10/13/2023   5,124    4,844 
 4,200   7097606,5.77%, 4/10/2025  10/13/2023   4,181    3,806 
 2,409   7096876,5.34%, 4/10/2025  10/13/2023   2,404    2,141 
 721   7098612,6.01%, 4/10/2025  10/13/2023   720    689 
 2,811   7097074,5.16%, 4/10/2025  10/13/2023   2,801    2,582 
 3,061   7097212,4.54%, 4/10/2025(e)  10/13/2023   3,060    945 
 610   7098587,4.45%, 4/10/2025  10/13/2023   599    602 
 4,333   7095909,4.73%, 4/10/2025  10/13/2023   4,281    4,236 
 2,114   7096748,5.34%, 4/10/2025  10/13/2023   2,111    1,478 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202463

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,969   7098561,5.16%, 4/10/2025  10/13/2023  $1,962   $1,805 
 5,203   7102028,4.97%, 4/11/2025  10/16/2023   5,168    4,997 
 2,609   7099209,5.52%, 4/11/2025  10/16/2023   2,575    2,555 
 611   7099168,6.16%, 4/11/2025  10/16/2023   611    518 
 4,974   7102894,4.45%, 4/11/2025  10/16/2023   4,902    4,872 
 2,856   7102552,4.97%, 4/11/2025  10/16/2023   2,839    2,366 
 4,833   7099264,5.22%, 4/11/2025  10/16/2023   4,831    1,025 
 8,692   7101345,5.34%, 4/11/2025  10/16/2023   8,648    8,001 
 6,720   7102918,4.73%, 4/11/2025  10/16/2023   6,628    6,602 
 3,897   7101403,4.45%, 4/11/2025  10/16/2023   3,858    3,850 
 9,006   7099428,5.52%, 4/11/2025  10/16/2023   8,998    7,787 
 2,317   7102286,4.45%, 4/11/2025  10/16/2023   2,269    2,288 
 534   7099589,5.23%, 4/11/2025  10/16/2023   534    406 
 111   7099875,5.18%, 4/11/2025  10/16/2023   107    110 
 2,078   7102476,6.01%, 4/11/2025  10/16/2023   2,075    1,725 
 796   7102889,6.01%, 4/11/2025  10/16/2023   790    705 
 4,946   7099885,4.73%, 4/11/2025  10/16/2023   4,882    4,874 
 1,651   7102773,4.45%, 4/11/2025  10/16/2023   1,599    1,639 
 2,194   7099173,5.16%, 4/11/2025  10/16/2023   2,112    2,135 
 6,850   7099973,5.16%, 4/11/2025  10/16/2023   6,807    6,574 
 2,249   7099571,4.74%, 4/11/2025  10/16/2023   2,238    1,576 
 1,447   7099110,5.34%, 4/11/2025  10/16/2023   1,443    1,337 
 9,961   7105153,4.56%, 4/12/2025(e)  10/17/2023   9,957    806 
 3,394   7105390,5.79%, 4/12/2025  10/17/2023   3,392    2,774 
 4,509   7107405,5.54%, 4/12/2025  10/17/2023   4,507    2,803 
 2,209   7105956,4.47%, 4/12/2025  10/17/2023   2,162    2,184 
 1,886   7107391,4.47%, 4/12/2025  10/17/2023   1,862    1,834 
 2,074   7105415,5.36%, 4/12/2025  10/17/2023   2,058    2,027 
 5,479   7108706,4.47%, 4/12/2025  10/17/2023   5,395    5,364 
 3,833   7105205,5.79%, 4/12/2025(e)  10/17/2023   3,831    1,414 
 4,850   7107798,4.47%, 4/12/2025  10/17/2023   4,777    4,749 
 1,840   7105915,4.47%, 4/12/2025  10/17/2023   1,811    1,801 
 341   7107930,5.56%, 4/12/2025  10/17/2023   339    333 
 12,238   7108743,4.47%, 4/12/2025  10/17/2023   12,052    11,978 
 13,333   7107121,4.47%, 4/12/2025  10/17/2023   13,038    13,184 
 332   7107861,5.18%, 4/12/2025  10/17/2023   305    330 
 16,923   7106035,4.47%, 4/12/2025  10/17/2023   16,546    16,744 
 9,423   7107410,5.18%, 4/12/2025  10/17/2023   9,297    9,291 
 1,388   7107093,4.47%, 4/12/2025  10/17/2023   1,355    1,374 
 2,468   7105365,5.18%, 4/12/2025  10/17/2023   2,458    2,161 
 4,834   7108201,4.47%, 4/12/2025  10/17/2023   4,754    4,753 
 2,786   7105749,4.47%, 4/12/2025  10/17/2023   2,735    2,747 
 13,604   7106913,4.47%, 4/12/2025  10/17/2023   13,329    13,439 
 925   7108498,5.37%, 4/12/2025  10/17/2023   922    874 

 

See Notes to Financial Statements. 
64(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,888   7108190,4.99%, 4/12/2025  10/17/2023  $2,876   $2,384 
 2,906   7108529,5.36%, 4/12/2025  10/17/2023   2,897    2,747 
 10,472   7108646,5.18%, 4/12/2025(e)  10/17/2023   10,449    5,528 
 2,517   7107973,4.46%, 4/12/2025  10/17/2023   2,478    2,465 
 511   7108014,6.19%, 4/12/2025(e)  10/17/2023   511    105 
 760   7108175,5.24%, 4/12/2025  10/17/2023   760    581 
 306   7108016,5.37%, 4/12/2025  10/17/2023   304    299 
 693   7107843,5.17%, 4/12/2025  10/17/2023   673    687 
 5,465   7111062,5.18%, 4/13/2025  10/18/2023   5,452    3,021 
 156   7110826,6.07%, 4/13/2025  10/18/2023   155    148 
 3,021   7110572,4.74%, 4/13/2025  10/18/2023   2,931    2,997 
 218   7109941,5.35%, 4/13/2025  10/18/2023   215    216 
 5,324   7110185,5.54%, 4/13/2025  10/18/2023   5,320    4,094 
 7,007   7108869,4.47%, 4/13/2025  10/18/2023   6,963    5,823 
 11,357   7111100,4.74%, 4/13/2025  10/18/2023   11,270    10,281 
 1,602   7108845,5.18%, 4/13/2025  10/18/2023   1,591    1,540 
 26,125   7110827,5.55%, 4/13/2025  10/18/2023   26,089    23,722 
 2,899   7111310,4.74%, 4/13/2025  10/18/2023   2,877    2,624 
 1,665   7111804,5.18%, 4/13/2025  10/18/2023   1,654    1,620 
 3,392   7110709,5.55%, 4/13/2025  10/18/2023   3,390    1,562 
 2,414   7109949,5.54%, 4/13/2025  10/18/2023   2,413    1,449 
 1,613   7110726,5.18%, 4/13/2025  10/18/2023   1,604    1,520 
 66   7110743,5.36%, 4/13/2025  10/18/2023   53    64 
 1,303   7111053,4.99%, 4/13/2025  10/18/2023   1,287    1,282 
 7,144   7109400,5.18%, 4/13/2025  10/18/2023   7,089    6,953 
 14,028   7111958,4.47%, 4/13/2025  10/18/2023   13,625    13,901 
 8,273   7111324,4.74%, 4/13/2025  10/18/2023   8,157    8,129 
 1,288   7109312,4.75%, 4/13/2025  10/18/2023   1,270    1,265 
 3,976   7112234,4.47%, 4/14/2025  10/19/2023   3,896    3,921 
 1,119   7112819,4.75%, 4/14/2025  10/19/2023   1,105    1,097 
 1,233   7112346,5.00%, 4/14/2025  10/19/2023   1,226    1,043 
 2,158   7112839,4.47%, 4/14/2025  10/19/2023   2,107    2,134 
 11,329   7112525,5.18%, 4/14/2025  10/19/2023   11,250    10,888 
 4,462   7112429,4.74%, 4/14/2025  10/19/2023   4,400    4,380 
 2,568   7112775,5.24%, 4/14/2025(e)  10/19/2023   2,563    500 
 11,409   7112906,4.99%, 4/14/2025  10/19/2023   11,321    10,962 
 1,708   7112889,5.00%, 4/14/2025  10/19/2023   1,699    1,434 
 1,389   7113066,5.77%, 4/15/2025  10/19/2023   1,388    540 
 977   7113521,5.21%, 4/15/2025(e)  10/19/2023   977    126 
 2,053   7113286,5.78%, 4/15/2025  10/19/2023   2,049    1,942 
 9,988   7113650,4.46%, 4/15/2025  10/19/2023   9,835    9,777 
 6,315   7113604,4.74%, 4/15/2025  10/19/2023   6,285    4,375 
 7,144   7113368,4.46%, 4/15/2025  10/19/2023   6,970    7,070 
 11,409   7113074,4.98%, 4/15/2025  10/19/2023   11,307    11,094 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202465

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$176   7117199,5.77%, 4/16/2025  10/19/2023  $175   $171 
 2,737   7115221,6.02%, 4/16/2025  10/19/2023   2,735    1,832 
 3,704   7115526,4.73%, 4/16/2025  10/19/2023   3,675    3,360 
 73,675   7115765,4.45%, 4/16/2025(e)  10/19/2023   73,243    43,985 
 2,717   7115015,5.52%, 4/16/2025  10/19/2023   2,706    2,110 
 2,259   7115451,4.45%, 4/16/2025  10/19/2023   2,208    2,234 
 2,296   7115328,4.45%, 4/16/2025  10/19/2023   2,256    2,265 
 5,448   7115258,5.77%, 4/16/2025  10/19/2023   5,443    4,530 
 5,445   7114581,5.34%, 4/16/2025  10/19/2023   5,430    5,052 
 1,774   7114409,4.46%, 4/16/2025  10/19/2023   1,740    1,748 
 3,668   7117235,5.16%, 4/16/2025  10/19/2023   3,657    2,809 
 1,385   7117210,5.77%, 4/16/2025  10/19/2023   1,384    1,251 
 1,250   7117156,5.76%, 4/16/2025(e)  10/19/2023   1,249    479 
 380   7114157,6.03%, 4/16/2025  10/19/2023   379    340 
 162   7119360,5.17%, 4/17/2025  10/20/2023   161    160 
 6,024   7120836,4.97%, 4/17/2025(e)  10/20/2023   6,005    3,260 
 4,641   7117680,4.73%, 4/17/2025  10/20/2023   4,541    4,600 
 32,074   7120238,6.01%, 4/17/2025  10/20/2023   32,057    16,134 
 2,134   7121374,5.16%, 4/17/2025  10/20/2023   2,113    2,102 
 8,422   7118778,4.45%, 4/17/2025(e)  10/20/2023   8,371    5,966 
 23,520   7119273,5.52%, 4/17/2025(e)  10/20/2023   23,504    10,854 
 2,046   7120167,4.55%, 4/17/2025  10/20/2023   2,045    1,468 
 3,876   7120572,5.52%, 4/17/2025  10/20/2023   3,871    3,357 
 1,472   7121010,5.53%, 4/17/2025  10/20/2023   1,471    951 
 7,426   7119033,5.16%, 4/17/2025  10/20/2023   7,408    4,088 
 32,479   7119914,6.01%, 4/17/2025  10/20/2023   32,452    16,862 
 651   7118777,5.91%, 4/17/2025  10/20/2023   651    434 
 4,347   7120680,4.45%, 4/17/2025  10/20/2023   4,292    4,170 
 8,671   7119693,4.97%, 4/17/2025  10/20/2023   8,627    7,326 
 33,217   7120851,5.16%, 4/17/2025(e)  10/20/2023   33,150    14,518 
 2,306   7120813,5.16%, 4/17/2025  10/20/2023   2,298    1,801 
 2,828   7119883,5.34%, 4/17/2025  10/20/2023   2,820    2,532 
 4,165   7119588,4.73%, 4/17/2025(e)  10/20/2023   4,144    2,933 
 788   7119525,4.73%, 4/17/2025  10/20/2023   770    782 
 1,382   7119376,4.73%, 4/17/2025  10/20/2023   1,370    1,308 
 994   7119269,5.77%, 4/17/2025  10/20/2023   993    728 
 898   7117888,5.93%, 4/17/2025  10/20/2023   896    819 
 776   7117908,5.17%, 4/17/2025  10/20/2023   769    756 
 3,465   7119806,4.45%, 4/17/2025  10/20/2023   3,407    3,394 
 3,006   7119111,4.45%, 4/17/2025  10/20/2023   2,957    2,945 
 2,756   7120374,5.16%, 4/17/2025  10/20/2023   2,732    2,694 
 4,106   7119015,5.16%, 4/17/2025(e)  10/20/2023   4,094    2,107 
 1,560   7119213,4.45%, 4/17/2025  10/20/2023   1,520    1,543 
 47   7125402,5.36%, 4/18/2025  10/23/2023   42    46 

 

See Notes to Financial Statements. 
66(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$534   7124762,4.55%, 4/18/2025  10/23/2023  $534   $228 
 758   7123832,6.16%, 4/18/2025  10/23/2023   757    706 
 2,674   7125077,4.72%, 4/18/2025  10/23/2023   2,648    2,424 
 2,707   7122567,4.45%, 4/18/2025  10/23/2023   2,653    2,669 
 10,455   7122469,4.97%, 4/18/2025  10/23/2023   10,397    8,908 
 819   7123642,5.16%, 4/18/2025  10/23/2023   783    811 
 2,037   7122721,4.98%, 4/18/2025  10/23/2023   2,008    2,003 
 16,491   7122107,4.97%, 4/18/2025(e)  10/23/2023   16,410    10,236 
 1,186   7122407,6.18%, 4/18/2025(e)  10/23/2023   1,170    336 
 1,847   7124180,4.98%, 4/18/2025  10/23/2023   1,837    1,564 
 2,201   7125222,5.15%, 4/18/2025  10/23/2023   2,193    1,709 
 117   7125419,5.53%, 4/18/2025  10/23/2023   116    115 
 656   7123870,5.16%, 4/18/2025  10/23/2023   652    641 
 6,162   7125235,4.97%, 4/18/2025  10/23/2023   6,112    5,942 
 996   7125978,5.53%, 4/18/2025  10/23/2023   992    978 
 581   7122936,5.53%, 4/18/2025  10/23/2023   580    507 
 1,019   7124746,4.98%, 4/18/2025  10/23/2023   1,009    981 
 2,070   7125615,5.15%, 4/18/2025(e)  10/23/2023   2,063    1,113 
 280   7125695,5.24%, 4/18/2025  10/23/2023   280    197 
 1,508   7123301,5.34%, 4/18/2025  10/23/2023   1,499    1,472 
 6,210   7122607,4.97%, 4/18/2025  10/23/2023   6,172    5,244 
 2,138   7124343,4.45%, 4/18/2025  10/23/2023   2,104    2,082 
 622   7124855,4.97%, 4/18/2025  10/23/2023   613    611 
 1,120   7124120,4.54%, 4/18/2025  10/23/2023   1,119    692 
 10,352   7124662,4.73%, 4/18/2025  10/23/2023   10,248    9,409 
 1,770   7122698,4.46%, 4/18/2025  10/23/2023   1,732    1,745 
 2,121   7122785,4.45%, 4/18/2025  10/23/2023   2,071    2,095 
 3,552   7123085,5.16%, 4/18/2025  10/23/2023   3,502    3,462 
 4,397   7123478,5.77%, 4/18/2025  10/23/2023   4,387    4,018 
 5,164   7123714,4.45%, 4/18/2025  10/23/2023   5,047    5,102 
 2,978   7125810,4.45%, 4/18/2025  10/23/2023   2,918    2,937 
 1,901   7123369,4.72%, 4/18/2025  10/23/2023   1,871    1,871 
 549   7124126,5.16%, 4/18/2025  10/23/2023   513    544 
 2,849   7133301,4.47%, 4/19/2025  10/24/2023   2,774    2,819 
 12,857   7132688,5.18%, 4/19/2025  10/24/2023   12,808    10,038 
 2,261   7128731,5.18%, 4/19/2025  10/24/2023   2,233    2,216 
 3,303   7131870,4.47%, 4/19/2025  10/24/2023   3,247    3,237 
 10,628   7135071,4.47%, 4/19/2025  10/24/2023   10,477    10,196 
 2,814   7134124,5.36%, 4/19/2025  10/24/2023   2,808    2,031 
 2,342   7131943,4.47%, 4/19/2025  10/24/2023   2,279    2,318 
 25,269   7133138,5.18%, 4/19/2025  10/24/2023   25,198    13,854 
 1,005   7135327,5.18%, 4/19/2025  10/24/2023   1,001    790 
 644   7133100,4.99%, 4/19/2025  10/24/2023   631    634 
 2,409   7131081,4.47%, 4/19/2025  10/24/2023   2,378    2,312 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202467

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,170   7131308,4.99%, 4/19/2025  10/24/2023  $5,148   $3,184 
 757   7133006,5.53%, 4/19/2025  10/24/2023   755    692 
 14,259   7133528,4.47%, 4/19/2025  10/24/2023   13,977    14,058 
 2,837   7134162,5.79%, 4/19/2025  10/24/2023   2,835    2,372 
 2,884   7135642,4.46%, 4/19/2025  10/24/2023   2,840    2,810 
 4,644   7132651,4.47%, 4/19/2025  10/24/2023   4,575    4,517 
 8,351   7135518,4.99%, 4/19/2025  10/24/2023   8,275    8,051 
 420   7132646,4.46%, 4/19/2025  10/24/2023   410    416 
 386   7132619,5.56%, 4/19/2025  10/24/2023   385    362 
 2,615   7134051,4.74%, 4/19/2025  10/24/2023   2,575    2,571 
 3,081   7134940,5.36%, 4/19/2025  10/24/2023   3,073    2,604 
 2,484   7135634,5.19%, 4/19/2025  10/24/2023   2,477    1,391 
 1,164   7133992,6.04%, 4/19/2025  10/24/2023   1,163    984 
 1,661   7130794,5.94%, 4/19/2025  10/24/2023   1,659    1,250 
 4,252   7132216,5.36%, 4/19/2025  10/24/2023   4,209    4,141 
 747   7133007,4.98%, 4/19/2025  10/24/2023   740    727 
 19,568   7135329,5.79%, 4/19/2025(e)  10/24/2023   19,561    4,574 
 5,241   7131473,4.46%, 4/19/2025  10/24/2023   5,157    5,105 
 2,147   7128453,5.36%, 4/19/2025  10/24/2023   2,099    2,113 
 15,113   7134699,4.75%, 4/19/2025  10/24/2023   14,830    14,858 
 2,443   7130934,5.95%, 4/19/2025  10/24/2023   2,438    1,664 
 12,417   7128845,4.47%, 4/19/2025  10/24/2023   12,227    12,089 
 2,778   7129588,5.36%, 4/19/2025  10/24/2023   2,766    2,641 
 2,722   7135034,5.18%, 4/19/2025  10/24/2023   2,701    2,620 
 2,052   7133022,5.00%, 4/19/2025  10/24/2023   2,034    1,950 
 1,114   7133485,5.79%, 4/19/2025  10/24/2023   1,113    1,056 
 27,363   7134241,4.99%, 4/19/2025  10/24/2023   27,111    26,362 
 5,627   7135167,5.18%, 4/19/2025  10/24/2023   5,583    5,407 
 3,684   7137191,5.17%, 4/20/2025  10/25/2023   3,653    3,543 
 1,977   7141148,5.36%, 4/20/2025  10/25/2023   1,968    1,878 
 1,269   7140549,6.19%, 4/20/2025  10/25/2023   1,264    1,207 
 2,934   7138805,6.18%, 4/20/2025  10/25/2023   2,932    1,392 
 6,241   7136633,5.18%, 4/20/2025  10/25/2023   6,189    6,070 
 8,152   7137631,5.17%, 4/20/2025  10/25/2023   8,128    4,452 
 2,032   7139464,5.54%, 4/20/2025  10/25/2023   2,028    1,937 
 4,580   7138591,5.55%, 4/20/2025  10/25/2023   4,539    4,503 
 4,874   7138117,5.18%, 4/20/2025  10/25/2023   4,854    3,843 
 2,263   7137169,5.37%, 4/20/2025  10/25/2023   2,256    1,664 
 3,864   7136435,5.00%, 4/20/2025  10/25/2023   3,837    3,543 
 4,593   7138834,5.36%, 4/20/2025  10/25/2023   4,560    4,494 
 327   7136410,5.53%, 4/20/2025  10/25/2023   326    315 
 16,443   7139970,4.74%, 4/20/2025  10/25/2023   16,331    11,977 
 2,403   7140331,5.94%, 4/20/2025  10/25/2023   2,398    2,202 
 669   7136415,5.78%, 4/20/2025  10/25/2023   668    637 

 

See Notes to Financial Statements. 
68(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$149   7141128,4.53%, 4/20/2025  10/25/2023  $149   $133 
 140   7136852,5.99%, 4/20/2025  10/25/2023   138    133 
 13,920   7138310,4.47%, 4/20/2025  10/25/2023   13,573    13,759 
 1,304   7140605,4.46%, 4/20/2025  10/25/2023   1,276    1,288 
 2,717   7136488,5.80%, 4/20/2025  10/25/2023   2,715    2,009 
 1,325   7139265,5.36%, 4/20/2025  10/25/2023   1,323    668 
 7,493   7137792,4.99%, 4/20/2025  10/25/2023   7,419    7,237 
 1,216   7137542,6.20%, 4/20/2025  10/25/2023   1,215    1,063 
 3,831   7136858,5.18%, 4/20/2025  10/25/2023   3,791    3,753 
 2,312   7139532,4.74%, 4/20/2025  10/25/2023   2,289    2,103 
 695   7141115,4.98%, 4/20/2025  10/25/2023   689    671 
 2,985   7136511,4.74%, 4/20/2025  10/25/2023   2,942    2,929 
 913   7139802,5.79%, 4/20/2025  10/25/2023   911    888 
 1,086   7135861,5.55%, 4/20/2025  10/25/2023   1,083    1,038 
 5,859   7139633,6.04%, 4/20/2025  10/25/2023   5,855    3,980 
 3,789   7142236,4.75%, 4/21/2025  10/26/2023   3,753    3,419 
 2,024   7141496,5.37%, 4/21/2025  10/26/2023   2,017    1,722 
 454   7141618,5.79%, 4/21/2025  10/26/2023   452    415 
 203   7142348,5.77%, 4/21/2025  10/26/2023   202    193 
 270   7141670,5.78%, 4/21/2025  10/26/2023   270    263 
 4,799   7142282,4.46%, 4/21/2025  10/26/2023   4,750    4,066 
 3,528   7141964,4.99%, 4/21/2025  10/26/2023   3,465    3,466 
 6,484   7141690,4.99%, 4/21/2025  10/26/2023   6,432    5,918 
 2,966   7141475,5.36%, 4/21/2025  10/26/2023   2,958    2,159 
 932   7141529,5.36%, 4/21/2025  10/26/2023   916    921 
 1,918   7141636,4.99%, 4/21/2025  10/26/2023   1,901    1,827 
 308   7141513,5.23%, 4/21/2025  10/26/2023   306    296 
 1,062   7142468,6.02%, 4/22/2025  10/26/2023   1,061    837 
 1,029   7143159,5.55%, 4/22/2025  10/26/2023   1,027    941 
 3,383   7143077,4.98%, 4/22/2025  10/26/2023   3,345    3,289 
 2,906   7142944,6.03%, 4/22/2025  10/26/2023   2,899    2,038 
 947   7143138,5.17%, 4/22/2025  10/26/2023   937    924 
 3,719   7143009,4.46%, 4/22/2025  10/26/2023   3,641    3,669 
 15,568   7142536,4.98%, 4/22/2025  10/26/2023   15,446    14,202 
 2,888   7142835,5.78%, 4/22/2025  10/26/2023   2,886    2,170 
 1,404   7142989,5.54%, 4/22/2025  10/26/2023   1,401    1,114 
 1,475   7143357,5.35%, 4/22/2025  10/26/2023   1,471    1,260 
 1,164   7142809,5.53%, 4/22/2025  10/26/2023   1,163    923 
 879   7143369,5.53%, 4/22/2025  10/26/2023   874    859 
 43,293   7143422,4.46%, 4/22/2025  10/26/2023   42,773    36,882 
 2,632   7143178,5.16%, 4/22/2025  10/26/2023   2,619    2,349 
 874   7142975,6.04%, 4/22/2025  10/26/2023   873    597 
 271   7147463,5.15%, 4/23/2025  10/26/2023   267    267 
 324   7146606,5.75%, 4/23/2025  10/26/2023   323    311 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202469

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,099   7145983,4.73%, 4/23/2025  10/26/2023  $2,074   $2,014 
 3,602   7146459,4.45%, 4/23/2025  10/26/2023   3,538    3,528 
 958   7146517,5.15%, 4/23/2025  10/26/2023   951    907 
 1,936   7146284,6.17%, 4/23/2025  10/26/2023   1,934    1,237 
 576   7146411,5.74%, 4/23/2025  10/26/2023   576    357 
 19,769   7146690,5.16%, 4/23/2025  10/26/2023   19,667    17,693 
 3,802   7146001,5.34%, 4/23/2025  10/26/2023   3,785    3,531 
 8,753   7147472,4.73%, 4/23/2025  10/26/2023   8,629    8,607 
 7,855   7146167,5.16%, 4/23/2025  10/26/2023   7,833    4,471 
 8,290   7146291,4.97%, 4/23/2025  10/26/2023   8,195    8,067 
 8,934   7145298,5.77%, 4/23/2025  10/26/2023   8,930    3,754 
 382   7144515,5.52%, 4/23/2025  10/26/2023   381    375 
 7,011   7146530,4.45%, 4/23/2025  10/26/2023   6,896    6,834 
 8,898   7144864,4.97%, 4/23/2025  10/26/2023   8,797    8,665 
 3,622   7144679,5.34%, 4/23/2025(e)  10/26/2023   3,616    1,591 
 3,404   7144792,5.53%, 4/23/2025  10/26/2023   3,392    2,986 
 10,791   7145683,5.16%, 4/23/2025  10/26/2023   10,755    6,254 
 5,341   7145787,5.34%, 4/23/2025  10/26/2023   5,261    5,267 
 5,643   7147147,4.45%, 4/23/2025  10/26/2023   5,557    5,421 
 594   7149034,5.19%, 4/24/2025  10/27/2023   594    358 
 24,125   7148610,4.45%, 4/24/2025  10/27/2023   23,587    23,805 
 85,143   7147913,4.45%, 4/24/2025(e)  10/27/2023   84,447    70,025 
 2,728   7151192,4.73%, 4/24/2025  10/27/2023   2,697    2,600 
 3,093   7149584,4.73%, 4/24/2025  10/27/2023   3,011    3,063 
 2,391   7148448,5.77%, 4/24/2025  10/27/2023   2,387    2,299 
 8,391   7149422,4.97%, 4/24/2025  10/27/2023   8,316    7,970 
 9,462   7151219,5.16%, 4/24/2025  10/27/2023   9,377    9,218 
 4,807   7149674,4.73%, 4/24/2025  10/27/2023   4,762    4,324 
 755   7151489,4.98%, 4/24/2025  10/27/2023   744    742 
 626   7150279,5.52%, 4/24/2025  10/27/2023   622    616 
 47,854   7149916,5.34%, 4/24/2025  10/27/2023   47,775    22,179 
 532   7150878,5.15%, 4/24/2025  10/27/2023   524    523 
 8,338   7151057,4.73%, 4/24/2025  10/27/2023   8,270    7,596 
 84   7151143,5.34%, 4/24/2025  10/27/2023   77    83 
 6,915   7150367,4.45%, 4/24/2025  10/27/2023   6,811    6,732 
 2,074   7152833,4.73%, 4/25/2025  10/30/2023   2,048    1,993 
 1,297   7154106,4.45%, 4/25/2025  10/30/2023   1,273    1,270 
 25,504   7151520,4.45%, 4/25/2025  10/30/2023   24,891    25,156 
 3,503   7152564,5.16%, 4/25/2025  10/30/2023   3,447    3,450 
 5,450   7153254,4.97%, 4/25/2025  10/30/2023   5,388    5,031 
 19,666   7154295,5.16%, 4/25/2025  10/30/2023   19,534    17,672 
 480   7152047,5.76%, 4/25/2025  10/30/2023   478    460 
 179   7153302,5.34%, 4/25/2025  10/30/2023   173    176 
 8,693   7153090,4.73%, 4/25/2025  10/30/2023   8,596    8,257 

 

See Notes to Financial Statements. 
70(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$231   7153049,6.18%, 4/25/2025  10/30/2023  $230   $217 
 4,066   7152470,5.16%, 4/25/2025  10/30/2023   4,047    3,637 
 979   7153617,4.72%, 4/25/2025  10/30/2023   941    970 
 615   7154285,4.56%, 4/25/2025  10/30/2023   615    509 
 562   7152439,5.52%, 4/25/2025  10/30/2023   552    549 
 12,365   7154125,4.45%, 4/25/2025  10/30/2023   12,064    12,220 
 21,712   7153670,4.45%, 4/25/2025  10/30/2023   21,423    20,762 
 542   7151980,5.19%, 4/25/2025  10/30/2023   542    332 
 3,854   7153142,5.15%, 4/25/2025  10/30/2023   3,806    3,764 
 5,228   7152065,5.34%, 4/25/2025  10/30/2023   5,217    2,630 
 3,290   7152820,4.54%, 4/25/2025  10/30/2023   3,285    1,457 
 1,324   7154444,4.72%, 4/25/2025  10/30/2023   1,278    1,310 
 1,315   7153014,4.45%, 4/25/2025  10/30/2023   1,274    1,302 
 8,739   7157931,4.47%, 4/26/2025  10/31/2023   8,593    8,524 
 5,440   7156844,5.18%, 4/26/2025  10/31/2023   5,396    5,178 
 5,878   7160686,4.99%, 4/26/2025  10/31/2023   5,831    5,101 
 2,610   7158176,4.99%, 4/26/2025  10/31/2023   2,573    2,537 
 7,979   7156887,4.99%, 4/26/2025  10/31/2023   7,666    7,910 
 32,612   7158215,5.79%, 4/26/2025  10/31/2023   32,587    20,834 
 2,148   7157971,4.47%, 4/26/2025  10/31/2023   2,112    2,066 
 13,444   7159264,4.75%, 4/26/2025  10/31/2023   13,345    9,774 
 2,576   7159819,4.47%, 4/26/2025  10/31/2023   2,471    2,555 
 2,780   7157634,5.54%, 4/26/2025  10/31/2023   2,775    2,231 
 15,718   7159516,4.99%, 4/26/2025  10/31/2023   15,446    15,438 
 7,653   7157832,5.36%, 4/26/2025  10/31/2023   7,598    7,394 
 742   7160578,4.99%, 4/26/2025  10/31/2023   712    735 
 1,347   7157615,4.47%, 4/26/2025  10/31/2023   1,321    1,324 
 675   7158420,5.23%, 4/26/2025  10/31/2023   674    352 
 6,508   7157674,5.18%, 4/26/2025  10/31/2023   6,452    6,346 
 4,845   7158148,6.19%, 4/26/2025  10/31/2023   4,841    2,981 
 1,218   7157286,5.36%, 4/26/2025  10/31/2023   1,199    1,202 
 3,531   7159408,4.47%, 4/26/2025  10/31/2023   3,460    3,474 
 1,155   7157417,5.17%, 4/26/2025  10/31/2023   1,134    1,136 
 881   7159113,4.57%, 4/26/2025  10/31/2023   880    350 
 6,133   7158082,5.36%, 4/26/2025  10/31/2023   6,099    5,724 
 1,453   7157242,4.99%, 4/26/2025  10/31/2023   1,436    1,407 
 8,060   7159128,4.99%, 4/26/2025  10/31/2023   7,978    7,683 
 3,950   7160484,5.18%, 4/26/2025  10/31/2023   3,892    3,884 
 2,294   7157596,5.79%, 4/26/2025  10/31/2023   2,291    1,951 
 2,519   7156808,4.74%, 4/26/2025  10/31/2023   2,484    2,444 
 2,137   7158346,4.75%, 4/26/2025  10/31/2023   2,101    2,101 
 591   7158364,4.99%, 4/26/2025  10/31/2023   571    585 
 2,575   7162992,4.47%, 4/27/2025  11/1/2023   2,528    2,521 
 3,018   7161406,4.47%, 4/27/2025  11/1/2023   2,941    2,982 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202471

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$9,953   7161525,5.79%, 4/27/2025  11/1/2023  $9,946   $4,315 
 9,109   7161649,5.55%, 4/27/2025  11/1/2023   9,072    8,720 
 1,701   7160725,5.35%, 4/27/2025  11/1/2023   1,691    1,614 
 2,521   7162354,5.36%, 4/27/2025  11/1/2023   2,493    2,468 
 1,071   7163148,5.36%, 4/27/2025  11/1/2023   987    1,057 
 1,910   7162975,4.75%, 4/27/2025  11/1/2023   1,885    1,833 
 1,072   7162295,4.74%, 4/27/2025  11/1/2023   1,050    1,056 
 146   7161522,5.04%, 4/27/2025  11/1/2023   144    143 
 22   7162241,5.55%, 4/27/2025  11/1/2023   21    21 
 2,645   7161894,4.99%, 4/27/2025  11/1/2023   2,576    2,613 
 2,802   7160766,4.47%, 4/27/2025  11/1/2023   2,731    2,769 
 8,017   7161106,5.36%, 4/27/2025  11/1/2023   7,987    6,940 
 3,992   7161233,4.47%, 4/27/2025  11/1/2023   3,896    3,939 
 23,783   7163638,4.99%, 4/27/2025  11/1/2023   23,605    20,620 
 704   7161834,5.24%, 4/27/2025  11/1/2023   703    436 
 2,327   7160758,5.18%, 4/27/2025  11/1/2023   2,313    1,874 
 1,134   7163117,4.75%, 4/27/2025  11/1/2023   1,101    1,122 
 1,490   7163137,4.73%, 4/27/2025  11/1/2023   1,479    1,097 
 685   7163138,5.17%, 4/27/2025  11/1/2023   681    641 
 780   7161515,5.27%, 4/27/2025(e)  11/1/2023   780    67 
 4,207   7164084,4.47%, 4/27/2025  11/1/2023   4,169    3,440 
 1,208   7161366,5.00%, 4/27/2025  11/1/2023   1,190    1,182 
 2,270   7161038,4.74%, 4/27/2025  11/1/2023   2,244    2,158 
 7,937   7163814,6.04%, 4/27/2025  11/1/2023   7,917    7,647 
 3,588   7162203,4.47%, 4/27/2025  11/1/2023   3,533    3,451 
 27,697   7162442,4.47%, 4/27/2025  11/1/2023   27,316    23,952 
 516   7164280,5.37%, 4/28/2025  11/2/2023   513    492 
 2,649   7164776,4.46%, 4/28/2025  11/2/2023   2,586    2,604 
 218   7164730,5.56%, 4/28/2025  11/2/2023   217    214 
 1,531   7164240,6.03%, 4/28/2025  11/2/2023   1,528    1,463 
 2,069   7164522,4.99%, 4/28/2025  11/2/2023   2,046    2,003 
 2,033   7164826,4.47%, 4/28/2025  11/2/2023   1,980    2,008 
 1,592   7164591,5.36%, 4/28/2025  11/2/2023   1,572    1,560 
 844   7164271,5.78%, 4/28/2025  11/2/2023   843    756 
 1,889   7164739,6.04%, 4/28/2025(e)  11/2/2023   1,886    1,812 
 801   7164510,5.54%, 4/28/2025  11/2/2023   798    649 
 2,405   7165350,4.73%, 4/29/2025  11/2/2023   2,342    2,380 
 1,193   7165894,6.18%, 4/29/2025  11/2/2023   1,192    996 
 7,613   7165798,5.53%, 4/29/2025(e)  11/2/2023   7,602    3,659 
 5,156   7165549,5.17%, 4/29/2025  11/2/2023   5,101    4,975 
 220   7165693,4.74%, 4/29/2025  11/2/2023   197    217 
 10,321   7169767,4.97%, 4/30/2025  11/2/2023   10,135    10,152 
 152   7171060,5.16%, 4/30/2025  11/3/2023   149    150 
 724   7167201,5.15%, 4/30/2025  11/2/2023   720    656 

 

See Notes to Financial Statements. 
72(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$906   7172961,4.74%, 4/30/2025  11/3/2023  $859   $900 
 4,988   7168310,4.45%, 4/30/2025  11/2/2023   4,872    4,925 
 926   7171971,6.01%, 4/30/2025(e)  11/3/2023   926    333 
 6,124   7172016,4.74%, 4/30/2025  11/3/2023   6,055    5,835 
 793   7171787,5.35%, 4/30/2025  11/3/2023   786    772 
 494   7170537,6.02%, 4/30/2025  11/3/2023   493    475 
 2,510   7167681,4.73%, 4/30/2025  11/2/2023   2,461    2,470 
 2,496   7173535,5.53%, 4/30/2025  11/3/2023   2,485    2,359 
 1,359   7166690,4.97%, 4/30/2025  11/2/2023   1,345    1,298 
 1,115   7170990,5.22%, 4/30/2025  11/3/2023   1,113    893 
 1,104   7171200,5.18%, 4/30/2025(e)  11/3/2023   1,098    660 
 774   7173386,5.54%, 4/30/2025  11/3/2023   769    756 
 9,161   7173151,4.46%, 4/30/2025  11/3/2023   8,912    9,053 
 10,578   7172656,4.98%, 4/30/2025  11/3/2023   10,344    10,436 
 8,228   7166896,4.73%, 4/30/2025  11/2/2023   8,129    7,851 
 1,052   7173053,5.17%, 4/30/2025  11/3/2023   1,001    1,041 
 1,231   7166607,5.77%, 4/30/2025  11/2/2023   1,230    1,102 
 472   7168855,6.17%, 4/30/2025  11/2/2023   471    457 
 3,900   7170286,5.17%, 4/30/2025  11/3/2023   3,843    3,823 
 3,694   7168888,4.45%, 4/30/2025  11/2/2023   3,630    3,630 
 25,440   7167941,4.45%, 4/30/2025  11/2/2023   25,127    21,984 
 4,887   7166350,4.97%, 4/30/2025  11/2/2023   4,861    3,121 
 1,979   7166814,5.23%, 4/30/2025  11/2/2023   1,977    448 
 47,119   7169166,4.45%, 4/30/2025  11/2/2023   46,682    39,114 
 4,531   7170672,4.98%, 4/30/2025  11/3/2023   4,486    4,191 
 343   7170727,5.21%, 4/30/2025  11/3/2023   343    220 
 2,557   7171946,6.03%, 4/30/2025  11/3/2023   2,556    1,848 
 1,212   7170735,4.98%, 4/30/2025  11/3/2023   1,194    1,185 
 4,967   7170393,4.46%, 4/30/2025  11/3/2023   4,870    4,862 
 360   7170579,5.21%, 4/30/2025  11/3/2023   360    289 
 4,260   7166486,4.55%, 4/30/2025  11/2/2023   4,257    1,480 
 2,245   7170587,4.46%, 4/30/2025  11/3/2023   2,185    2,217 
 2,926   7176988,4.74%, 5/1/2025  11/6/2023   2,868    2,880 
 15,559   7176046,4.46%, 5/1/2025  11/6/2023   15,322    14,916 
 667   7176300,5.17%, 5/1/2025  11/6/2023   637    660 
 183   7177382,5.53%, 5/1/2025  11/6/2023   180    180 
 3,229   7176199,5.78%, 5/1/2025  11/6/2023   3,227    1,311 
 1,605   7175188,4.74%, 5/1/2025  11/6/2023   1,589    1,468 
 20,376   7175505,5.17%, 5/1/2025  11/6/2023   20,268    12,311 
 2,849   7176218,4.74%, 5/1/2025  11/6/2023   2,813    2,723 
 3,877   7176385,4.98%, 5/1/2025  11/6/2023   3,852    2,489 
 2,017   7174719,4.98%, 5/1/2025  11/6/2023   1,976    1,982 
 1,452   7174565,4.73%, 5/1/2025  11/6/2023   1,425    1,413 
 1,066   7176407,4.98%, 5/1/2025  11/6/2023   1,044    1,051 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202473

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$32,055   7174032,4.74%, 5/1/2025  11/6/2023  $31,700   $24,357 
 4,277   7177145,4.46%, 5/1/2025  11/6/2023   4,182    4,203 
 19,399   7176428,4.98%, 5/1/2025  11/6/2023   19,239    16,872 
 1,522   7177307,4.56%, 5/1/2025  11/6/2023   1,521    845 
 2,691   7175068,5.35%, 5/1/2025  11/6/2023   2,652    2,612 
 1,482   7175436,5.16%, 5/1/2025  11/6/2023   1,471    1,386 
 1,267   7175216,5.78%, 5/1/2025  11/6/2023   1,262    1,234 
 2,211   7174619,5.78%, 5/1/2025  11/6/2023   2,194    2,134 
 1,207   7176853,4.74%, 5/1/2025  11/6/2023   1,176    1,189 
 15,870   7176744,6.18%, 5/1/2025  11/6/2023   15,813    8,341 
 1,040   7176726,5.35%, 5/1/2025  11/6/2023   1,027    1,016 
 15,498   7173966,4.74%, 5/1/2025  11/6/2023   15,344    11,583 
 878   7175342,6.03%, 5/1/2025  11/6/2023   877    767 
 298   7180268,5.37%, 5/2/2025  11/7/2023   282    296 
 652   7181997,4.58%, 5/2/2025  11/7/2023   651    503 
 5,203   7179304,4.47%, 5/2/2025  11/7/2023   5,116    5,006 
 1,863   7183071,4.76%, 5/2/2025  11/7/2023   1,824    1,836 
 548   7179546,5.56%, 5/2/2025  11/7/2023   544    531 
 6,167   7179639,4.76%, 5/2/2025  11/7/2023   6,074    5,937 
 2,460   7180310,5.19%, 5/2/2025  11/7/2023   2,446    1,503 
 8,406   7180664,5.18%, 5/2/2025  11/7/2023   8,388    4,899 
 2,433   7181847,4.48%, 5/2/2025  11/7/2023   2,382    2,383 
 446   7183786,5.57%, 5/2/2025  11/7/2023   442    440 
 1,412   7182491,5.19%, 5/2/2025  11/7/2023   1,394    1,376 
 4,022   7180126,4.48%, 5/2/2025  11/7/2023   3,909    3,977 
 5,573   7181001,4.75%, 5/2/2025  11/7/2023   5,361    5,532 
 1,044   7182900,5.18%, 5/2/2025  11/7/2023   1,038    849 
 1,573   7180642,5.38%, 5/2/2025  11/7/2023   1,561    1,497 
 1,192   7180575,5.00%, 5/2/2025  11/7/2023   1,163    1,175 
 4,087   7182786,5.80%, 5/2/2025  11/7/2023   4,082    3,183 
 18,763   7183342,4.75%, 5/2/2025(e)  11/7/2023   18,648    11,609 
 16,064   7179407,5.80%, 5/2/2025  11/7/2023   16,050    6,824 
 8,581   7179558,5.00%, 5/2/2025  11/7/2023   8,501    7,940 
 2,358   7182826,6.05%, 5/2/2025  11/7/2023   2,354    2,205 
 3,619   7183300,5.37%, 5/2/2025  11/7/2023   3,602    3,142 
 716   7180945,5.36%, 5/2/2025  11/7/2023   710    695 
 27,984   7180686,5.37%, 5/2/2025  11/7/2023   27,790    26,361 
 22,974   7186986,4.75%, 5/3/2025  11/8/2023   22,706    21,229 
 7,044   7185710,5.37%, 5/3/2025  11/8/2023   7,003    6,419 
 33,315   7185936,4.75%, 5/3/2025  11/8/2023   33,043    24,884 
 1,090   7187258,4.76%, 5/3/2025  11/8/2023   1,070    1,065 
 2,443   7186185,5.00%, 5/3/2025  11/8/2023   2,379    2,412 
 785   7185276,5.55%, 5/3/2025  11/8/2023   776    774 
 854   7184299,5.01%, 5/3/2025(e)  11/8/2023   843    828 

 

See Notes to Financial Statements. 
74(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,151   7184429,5.37%, 5/3/2025  11/8/2023  $10,097   $8,770 
 15,213   7186815,4.48%, 5/3/2025  11/8/2023   14,947    14,643 
 787   7187302,6.05%, 5/3/2025  11/8/2023   785    756 
 1,013   7186539,5.36%, 5/3/2025  11/8/2023   1,008    884 
 2,456   7184679,5.19%, 5/3/2025  11/8/2023   2,432    2,337 
 31,361   7185312,5.00%, 5/3/2025  11/8/2023   30,987    29,998 
 3,606   7185870,5.19%, 5/3/2025  11/8/2023   3,555    3,527 
 4,511   7186566,5.18%, 5/3/2025  11/8/2023   4,468    4,291 
 828   7184383,5.19%, 5/3/2025  11/8/2023   821    778 
 7,870   7185004,4.47%, 5/3/2025  11/8/2023   7,638    7,781 
 5,473   7186439,4.48%, 5/3/2025  11/8/2023   5,374    5,334 
 2,623   7184873,4.47%, 5/3/2025  11/8/2023   2,536    2,598 
 1,129   7187765,5.56%, 5/4/2025  11/9/2023   1,119    1,084 
 2,694   7187680,5.80%, 5/4/2025  11/9/2023   2,688    2,438 
 1,436   7188526,4.75%, 5/4/2025  11/9/2023   1,409    1,406 
 1,096   7188018,4.75%, 5/4/2025  11/9/2023   1,061    1,085 
 6,159   7187804,4.47%, 5/4/2025  11/9/2023   6,001    6,074 
 1,099   7188182,5.38%, 5/4/2025  11/9/2023   1,088    1,068 
 1,310   7187996,5.00%, 5/4/2025  11/9/2023   1,292    1,270 
 178   7189014,6.22%, 5/5/2025  11/9/2023   178    167 
 3,120   7188689,4.75%, 5/5/2025  11/9/2023   3,013    3,090 
 295   7188663,5.78%, 5/5/2025  11/9/2023   292    289 
 2,302   7188597,4.99%, 5/5/2025  11/9/2023   2,266    2,238 
 3,005   7188839,4.47%, 5/5/2025  11/9/2023   2,922    2,966 
 470   7188954,5.95%, 5/5/2025  11/9/2023   469    437 
 3,442   7190775,4.98%, 5/6/2025  11/9/2023   3,397    3,335 
 2,246   7190429,4.47%, 5/6/2025  11/9/2023   2,212    1,968 
 2,115   7190925,4.46%, 5/6/2025  11/9/2023   2,055    2,090 
 1,558   7191588,5.17%, 5/6/2025  11/9/2023   1,538    1,519 
 8,609   7191513,5.35%, 5/6/2025  11/9/2023   8,582    4,338 
 8,818   7193134,4.98%, 5/6/2025  11/9/2023   8,719    8,435 
 3,431   7193006,5.35%, 5/6/2025  11/9/2023   3,414    2,998 
 3,097   7192233,5.16%, 5/6/2025  11/9/2023   3,076    2,550 
 824   7192217,5.76%, 5/6/2025  11/9/2023   823    718 
 3,992   7191131,4.98%, 5/6/2025  11/9/2023   3,935    3,894 
 3,345   7192638,5.35%, 5/6/2025  11/9/2023   3,313    3,252 
 1,209   7192605,5.16%, 5/6/2025  11/9/2023   1,196    1,153 
 890   7192625,5.80%, 5/6/2025  11/9/2023   889    394 
 1,762   7191037,6.02%, 5/6/2025  11/9/2023   1,760    1,611 
 11,386   7193403,4.74%, 5/6/2025  11/9/2023   11,185    11,095 
 6,611   7191847,6.03%, 5/6/2025(e)  11/9/2023   6,608    2,570 
 678   7192881,5.35%, 5/6/2025  11/9/2023   671    660 
 4,549   7193782,5.78%, 5/6/2025  11/9/2023   4,539    4,248 
 2,367   7192898,4.74%, 5/6/2025  11/9/2023   2,303    2,338 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202475

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,232   7191012,5.94%, 5/6/2025  11/9/2023  $2,230   $1,059 
 3,046   7191943,5.17%, 5/6/2025(e)  11/9/2023   3,034    1,417 
 105   7192812,4.59%, 5/6/2025  11/9/2023   105    98 
 720   7189597,5.78%, 5/6/2025  11/9/2023   718    694 
 1,989   7192820,4.73%, 5/6/2025  11/9/2023   1,939    1,966 
 2,972   7191765,4.45%, 5/6/2025  11/9/2023   2,905    2,923 
 3,886   7193614,4.74%, 5/6/2025  11/9/2023   3,809    3,820 
 3,662   7193684,4.74%, 5/6/2025  11/9/2023   3,584    3,610 
 4,319   7191629,4.46%, 5/6/2025  11/9/2023   4,220    4,257 
 16,493   7195015,4.98%, 5/7/2025  11/13/2023   16,299    15,334 
 39,134   7196467,4.46%, 5/7/2025  11/13/2023   38,492    34,297 
 10,794   7195876,4.74%, 5/7/2025  11/13/2023   10,625    10,305 
 2,199   7197522,5.17%, 5/7/2025  11/13/2023   2,156    2,163 
 521   7195293,6.20%, 5/7/2025  11/13/2023   518    405 
 2,335   7195700,4.46%, 5/7/2025  11/13/2023   2,281    2,294 
 3,019   7195460,4.46%, 5/7/2025  11/13/2023   2,959    2,945 
 879   7197594,5.35%, 5/7/2025  11/13/2023   864    859 
 5,318   7197357,4.46%, 5/7/2025  11/13/2023   5,162    5,242 
 2,140   7197487,5.17%, 5/7/2025  11/13/2023   2,103    2,066 
 12,364   7195527,4.46%, 5/7/2025  11/13/2023   12,159    10,734 
 27,505   7196965,4.98%, 5/7/2025  11/13/2023   27,141    26,266 
 1,190   7194985,4.46%, 5/7/2025  11/13/2023   1,160    1,171 
 10,446   7195777,4.46%, 5/7/2025  11/13/2023   10,300    8,937 
 4,764   7195990,4.74%, 5/7/2025  11/13/2023   4,581    4,717 
 1,301   7195501,5.54%, 5/7/2025  11/13/2023   1,294    1,151 
 713   7195358,5.36%, 5/7/2025  11/13/2023   703    697 
 3,522   7196339,5.17%, 5/7/2025  11/13/2023   3,452    3,455 
 1,179   7197592,5.51%, 5/7/2025(e)  11/13/2023   1,176    572 
 4,179   7199572,4.74%, 5/8/2025  11/13/2023   4,082    4,112 
 4,509   7198876,4.74%, 5/8/2025  11/13/2023   4,413    4,431 
 4,436   7198295,5.17%, 5/8/2025  11/13/2023   4,366    4,329 
 12,332   7198996,4.98%, 5/8/2025  11/13/2023   12,165    11,808 
 2,904   7200013,4.73%, 5/8/2025  11/13/2023   2,837    2,858 
 105   7197726,4.55%, 5/8/2025  11/13/2023   95    102 
 558   7198814,5.53%, 5/8/2025  11/13/2023   549    550 
 17,920   7199695,4.74%, 5/8/2025  11/13/2023   17,582    17,432 
 2,669   7200704,4.46%, 5/8/2025  11/13/2023   2,605    2,622 
 10,650   7200063,5.17%, 5/8/2025  11/13/2023   10,520    10,183 
 5,010   7197901,4.46%, 5/8/2025  11/13/2023   4,843    4,953 
 4,178   7199852,4.98%, 5/8/2025  11/13/2023   4,128    3,707 
 2,756   7198418,4.46%, 5/8/2025  11/13/2023   2,678    2,720 
 483   7198287,5.37%, 5/8/2025  11/13/2023   472    471 
 4,914   7199206,5.35%, 5/8/2025  11/13/2023   4,888    3,877 
 2,499   7198154,5.16%, 5/8/2025(e)  11/13/2023   2,480    2,069 

 

See Notes to Financial Statements. 
76(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,714   7200749,4.46%, 5/8/2025  11/13/2023  $1,677   $1,680 
 398   7197774,5.52%, 5/8/2025  11/13/2023   393    390 
 19,035   7198005,6.03%, 5/8/2025  11/13/2023   19,005    6,625 
 6,036   7200787,4.46%, 5/8/2025  11/13/2023   5,875    5,963 
 1,893   7199313,4.98%, 5/8/2025  11/13/2023   1,855    1,851 
 1,744   7201080,5.54%, 5/8/2025  11/13/2023   1,730    1,685 
 2,905   7197851,6.18%, 5/8/2025  11/13/2023   2,893    2,267 
 6,136   7199241,5.16%, 5/8/2025  11/13/2023   6,071    5,782 
 11,979   7198476,5.53%, 5/8/2025  11/13/2023   11,893    11,487 
 1,290   7198978,5.35%, 5/8/2025  11/13/2023   1,276    1,232 
 6,400   7205173,5.37%, 5/9/2025  11/14/2023   6,367    4,988 
 1,789   7204917,5.38%, 5/9/2025  11/14/2023   1,766    1,745 
 5,769   7203484,4.47%, 5/9/2025  11/14/2023   5,641    5,649 
 2,003   7203220,5.37%, 5/9/2025  11/14/2023   1,988    1,584 
 19,287   7206967,5.00%, 5/9/2025  11/14/2023   18,902    18,939 
 5,888   7206123,5.37%, 5/9/2025  11/14/2023   5,818    5,715 
 100   7203981,6.21%, 5/9/2025  11/14/2023   99    98 
 615   7205047,5.01%, 5/9/2025  11/14/2023   597    608 
 1,986   7203874,5.80%, 5/9/2025  11/14/2023   1,977    1,855 
 1,779   7206954,5.80%, 5/9/2025  11/14/2023   1,773    1,662 
 1,565   7206077,5.56%, 5/9/2025  11/14/2023   1,560    1,096 
 5,439   7204697,5.80%, 5/9/2025  11/14/2023   5,419    5,186 
 1,690   7203649,5.18%, 5/9/2025  11/14/2023   1,675    1,541 
 3,131   7203352,4.75%, 5/9/2025  11/14/2023   3,055    3,089 
 2,739   7205907,5.00%, 5/9/2025  11/14/2023   2,702    2,618 
 883   7204185,5.37%, 5/9/2025  11/14/2023   876    803 
 3,421   7204626,4.47%, 5/9/2025  11/14/2023   3,356    3,332 
 2,745   7203295,4.48%, 5/9/2025  11/14/2023   2,672    2,705 
 1,169   7204038,4.99%, 5/9/2025  11/14/2023   1,155    1,035 
 1,160   7204820,5.37%, 5/9/2025  11/14/2023   1,127    1,143 
 2,027   7206245,5.00%, 5/9/2025  11/14/2023   1,934    2,007 
 26,054   7205394,4.48%, 5/9/2025  11/14/2023   25,643    22,837 
 1,827   7204796,4.76%, 5/9/2025  11/14/2023   1,803    1,692 
 1,360   7206087,5.37%, 5/9/2025  11/14/2023   1,346    1,292 
 10,006   7205806,5.19%, 5/9/2025(e)  11/14/2023   9,957    5,514 
 1,309   7203568,6.07%, 5/9/2025(e)  11/14/2023   1,308    332 
 1,799   7205220,5.55%, 5/9/2025(e)  11/14/2023   1,795    691 
 3,960   7203667,4.76%, 5/9/2025  11/14/2023   3,927    2,913 
 1,679   7204960,5.18%, 5/9/2025  11/14/2023   1,661    1,579 
 3,216   7205985,4.47%, 5/9/2025  11/14/2023   3,138    3,168 
 1,621   7203252,6.05%, 5/9/2025  11/14/2023   1,619    1,530 
 1,138   7204434,4.76%, 5/9/2025  11/14/2023   1,112    1,121 
 15,510   7207849,5.00%, 5/10/2025  11/15/2023   15,100    15,272 
 3,824   7209640,4.75%, 5/10/2025  11/15/2023   3,782    2,984 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202477

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$8,375   7207354,5.37%, 5/10/2025  11/15/2023  $8,322   $7,356 
 4,460   7209378,5.00%, 5/10/2025  11/15/2023   4,329    4,399 
 418   7207771,5.56%, 5/10/2025  11/15/2023   410    412 
 11,128   7210303,5.56%, 5/10/2025(e)  11/15/2023   11,099    5,385 
 16,029   7207549,5.00%, 5/10/2025  11/15/2023   15,807    15,341 
 2,449   7209971,5.19%, 5/10/2025  11/15/2023   2,420    2,302 
 767   7210002,5.20%, 5/10/2025  11/15/2023   757    741 
 5,857   7208911,4.47%, 5/10/2025  11/15/2023   5,702    5,779 
 663   7207443,5.96%, 5/10/2025  11/15/2023   661    625 
 2,109   7207250,4.75%, 5/10/2025  11/15/2023   2,065    2,067 
 592   7208895,6.20%, 5/10/2025  11/15/2023   592    562 
 1,942   7209271,5.56%, 5/10/2025  11/15/2023   1,926    1,882 
 12,642   7209090,5.80%, 5/10/2025  11/15/2023   12,600    11,566 
 795   7207327,5.00%, 5/10/2025  11/15/2023   764    787 
 1,539   7210868,6.20%, 5/10/2025  11/15/2023   1,535    1,461 
 2,211   7208690,4.47%, 5/10/2025  11/15/2023   2,157    2,171 
 1,230   7207821,5.37%, 5/10/2025  11/15/2023   1,214    1,194 
 2,815   7210582,5.37%, 5/10/2025  11/15/2023   2,785    2,735 
 3,815   7208611,4.75%, 5/10/2025  11/15/2023   3,757    3,654 
 3,099   7209000,5.18%, 5/10/2025  11/15/2023   3,052    3,021 
 2,977   7210128,6.05%, 5/10/2025  11/15/2023   2,973    2,711 
 2,286   7210648,5.00%, 5/10/2025  11/15/2023   2,228    2,255 
 3,070   7209774,4.48%, 5/10/2025  11/15/2023   2,995    3,024 
 3,673   7207475,4.75%, 5/10/2025  11/15/2023   3,570    3,634 
 2,104   7211084,5.56%, 5/11/2025  11/16/2023   2,090    1,999 
 26,219   7211138,4.47%, 5/11/2025  11/16/2023   25,515    25,849 
 782   7210907,5.54%, 5/11/2025  11/16/2023   776    725 
 659   7211737,5.38%, 5/11/2025  11/16/2023   650    645 
 1,013   7210961,6.04%, 5/11/2025  11/16/2023   1,012    397 
 3,252   7211806,4.47%, 5/12/2025  11/16/2023   3,154    3,212 
 754   7212384,6.18%, 5/12/2025  11/16/2023   753    584 
 9,710   7211885,5.18%, 5/12/2025  11/16/2023   9,590    9,283 
 12,217   7212424,5.18%, 5/12/2025  11/16/2023   12,072    11,699 
 1,425   7212396,5.55%, 5/12/2025  11/16/2023   1,417    1,284 
 788   7212342,4.98%, 5/12/2025  11/16/2023   769    774 
 6,982   7212208,4.99%, 5/12/2025  11/16/2023   6,908    6,224 
 7,982   7215629,5.17%, 5/13/2025  11/16/2023   7,834    7,816 
 3,177   7215924,4.46%, 5/13/2025  11/16/2023   3,108    3,109 
 5,358   7215336,4.46%, 5/13/2025  11/16/2023   5,236    5,248 
 668   7215096,4.45%, 5/13/2025  11/16/2023   654    654 
 1,447   7213916,4.46%, 5/13/2025  11/16/2023   1,415    1,423 
 22,190   7215117,5.35%, 5/13/2025  11/16/2023   22,074    17,422 
 1,947   7216698,4.74%, 5/13/2025  11/16/2023   1,909    1,913 
 1,839   7213384,5.54%, 5/13/2025  11/16/2023   1,819    1,781 

 

See Notes to Financial Statements. 
78(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,774   7215542,5.54%, 5/13/2025  11/16/2023  $1,761   $1,701 
 3,085   7215595,6.02%, 5/13/2025  11/16/2023   3,082    1,853 
 19,929   7214284,4.74%, 5/13/2025  11/16/2023   19,621    18,502 
 1,691   7215500,5.35%, 5/13/2025  11/16/2023   1,683    935 
 20,518   7216138,4.74%, 5/13/2025  11/16/2023   20,215    19,648 
 920   7215842,5.79%, 5/13/2025  11/16/2023   914    895 
 3,762   7215452,5.17%, 5/13/2025  11/16/2023   3,724    3,554 
 4,735   7212720,4.73%, 5/13/2025  11/16/2023   4,650    4,560 
 1,760   7214031,4.98%, 5/13/2025  11/16/2023   1,728    1,717 
 1,709   7213940,4.98%, 5/13/2025  11/16/2023   1,669    1,680 
 2,482   7213870,5.54%, 5/13/2025  11/16/2023   2,472    1,793 
 2,467   7213775,4.46%, 5/13/2025  11/16/2023   2,418    2,399 
 8,459   7218779,4.46%, 5/14/2025  11/17/2023   8,274    8,283 
 4,079   7217074,5.17%, 5/14/2025  11/17/2023   4,044    3,426 
 540   7218733,5.36%, 5/14/2025  11/17/2023   535    516 
 4,535   7218291,5.17%, 5/14/2025  11/17/2023   4,421    4,454 
 605   7218738,5.94%, 5/14/2025  11/17/2023   605    388 
 5,041   7220688,4.73%, 5/14/2025  11/17/2023   4,942    4,935 
 2,339   7217741,4.73%, 5/14/2025  11/17/2023   2,279    2,307 
 14,782   7219186,4.46%, 5/14/2025  11/17/2023   14,417    14,560 
 1,897   7220227,5.17%, 5/14/2025  11/17/2023   1,848    1,867 
 2,615   7220446,4.98%, 5/14/2025  11/17/2023   2,592    1,816 
 3,778   7220369,5.23%, 5/14/2025  11/17/2023   3,772    3,518 
 4,069   7220305,4.73%, 5/14/2025  11/17/2023   3,980    3,999 
 6,875   7218632,5.93%, 5/14/2025  11/17/2023   6,870    3,564 
 21,120   7218398,4.46%, 5/14/2025  11/17/2023   20,680    20,561 
 1,813   7220028,5.35%, 5/14/2025  11/17/2023   1,777    1,777 
 3,165   7218267,6.19%, 5/14/2025(e)  11/17/2023   3,163    723 
 5,516   7217987,5.94%, 5/14/2025(e)  11/17/2023   5,512    3,515 
 639   7217665,5.79%, 5/14/2025  11/17/2023   636    609 
 1,776   7216995,5.17%, 5/14/2025  11/17/2023   1,757    1,637 
 1,471   7220566,5.17%, 5/14/2025  11/17/2023   1,458    1,241 
 7,949   7220571,4.46%, 5/14/2025  11/17/2023   7,814    7,019 
 4,909   7220787,4.98%, 5/14/2025  11/17/2023   4,817    4,807 
 10,087   7220497,4.98%, 5/14/2025(e)  11/17/2023   10,009    6,749 
 8,165   7220460,4.74%, 5/14/2025(e)  11/17/2023   8,110    3,295 
 861   7218741,5.22%, 5/14/2025(e)  11/17/2023   861    386 
 3,234   7219812,4.98%, 5/14/2025  11/17/2023   3,196    3,019 
 1,145   7217030,5.52%, 5/14/2025(e)  11/17/2023   1,141    518 
 1,382   7217944,5.16%, 5/14/2025  11/17/2023   1,367    1,269 
 5,153   7218693,4.46%, 5/14/2025  11/17/2023   5,085    4,459 
 9,994   7218074,4.74%, 5/14/2025  11/17/2023   9,794    9,733 
 1,395   7224005,5.53%, 5/15/2025  11/20/2023   1,386    1,300 
 16,922   7224195,5.35%, 5/15/2025  11/20/2023   16,771    16,056 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202479

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,585   7221954,4.74%, 5/15/2025  11/20/2023  $2,526   $2,543 
 1,197   7223328,4.99%, 5/15/2025  11/20/2023   1,177    1,117 
 1,676   7223051,5.35%, 5/15/2025  11/20/2023   1,648    1,626 
 9,828   7223877,4.46%, 5/15/2025  11/20/2023   9,624    9,578 
 4,190   7223675,4.98%, 5/15/2025  11/20/2023   4,106    4,101 
 1,258   7223114,5.53%, 5/15/2025  11/20/2023   1,241    1,174 
 598   7223975,4.99%, 5/15/2025  11/20/2023   556    591 
 3,278   7222553,4.46%, 5/15/2025  11/20/2023   3,197    3,212 
 5,918   7224687,5.78%, 5/15/2025  11/20/2023   5,889    5,537 
 610   7224668,4.99%, 5/15/2025  11/20/2023   597    597 
 2,182   7223261,4.99%, 5/15/2025  11/20/2023   2,131    2,078 
 3,418   7223574,4.98%, 5/15/2025  11/20/2023   3,342    3,364 
 423   7222048,4.48%, 5/15/2025  11/20/2023   408    418 
 1,924   7223239,5.16%, 5/15/2025  11/20/2023   1,902    1,613 
 489   7223780,5.53%, 5/15/2025  11/20/2023   485    467 
 34,921   7222795,5.35%, 5/15/2025  11/20/2023   34,732    19,647 
 1,531   7220916,5.35%, 5/15/2025  11/20/2023   1,500    1,453 
 3,065   7224750,5.17%, 5/15/2025  11/20/2023   3,044    1,955 
 2,951   7223357,6.18%, 5/15/2025  11/20/2023   2,942    2,535 
 5,904   7222055,4.46%, 5/15/2025  11/20/2023   5,754    5,799 
 2,486   7222267,5.94%, 5/15/2025  11/20/2023   2,463    2,346 
 5,922   7224022,5.35%, 5/15/2025  11/20/2023   5,799    5,796 
 2,689   7221764,6.03%, 5/15/2025  11/20/2023   2,677    2,578 
 5,293   7224503,4.74%, 5/15/2025  11/20/2023   5,181    5,205 
 4,263   7222638,4.46%, 5/15/2025  11/20/2023   4,177    4,115 
 3,510   7222148,4.46%, 5/15/2025  11/20/2023   3,427    3,448 
 1,849   7230049,5.00%, 5/16/2025  11/21/2023   1,822    1,730 
 4,897   7226916,4.75%, 5/16/2025  11/21/2023   4,818    4,692 
 7,276   7230755,4.48%, 5/16/2025  11/21/2023   7,140    7,002 
 4,573   7229803,4.47%, 5/16/2025  11/21/2023   4,462    4,478 
 894   7228086,5.19%, 5/16/2025  11/21/2023   877    872 
 7,584   7227244,4.48%, 5/16/2025  11/21/2023   7,366    7,481 
 2,864   7227873,5.00%, 5/16/2025  11/21/2023   2,787    2,822 
 11,386   7229636,4.75%, 5/16/2025  11/21/2023   11,107    11,207 
 3,377   7229771,4.75%, 5/16/2025  11/21/2023   3,323    3,238 
 5,934   7228260,4.48%, 5/16/2025  11/21/2023   5,806    5,773 
 12,855   7227684,4.47%, 5/16/2025  11/21/2023   12,625    12,359 
 7,906   7230477,4.48%, 5/16/2025  11/21/2023   7,722    7,740 
 855   7228135,5.19%, 5/16/2025  11/21/2023   847    725 
 703   7229849,5.80%, 5/16/2025  11/21/2023   688    688 
 763   7227442,5.54%, 5/16/2025  11/21/2023   756    734 
 156   7227026,5.25%, 5/16/2025  11/21/2023   156    146 
 1,878   7227470,5.56%, 5/16/2025  11/21/2023   1,806    1,848 
 551   7226884,5.56%, 5/16/2025  11/21/2023   547    530 

 

See Notes to Financial Statements. 
80(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,182   7230082,5.19%, 5/16/2025  11/21/2023  $4,078   $4,104 
 1,746   7227381,5.19%, 5/16/2025(e)  11/21/2023   1,733    1,457 
 3,549   7230363,6.20%, 5/16/2025  11/21/2023   3,546    2,517 
 46,611   7229892,4.75%, 5/16/2025  11/21/2023   46,047    36,159 
 5,235   7229872,4.75%, 5/16/2025  11/21/2023   5,182    4,040 
 3,952   7227049,5.00%, 5/16/2025  11/21/2023   3,832    3,899 
 3,214   7230321,4.48%, 5/16/2025  11/21/2023   3,132    3,160 
 2,182   7227163,5.37%, 5/16/2025  11/21/2023   2,116    2,134 
 1,529   7230175,4.76%, 5/16/2025  11/21/2023   1,458    1,516 
 22,915   7231225,5.37%, 5/17/2025  11/22/2023   22,650    21,724 
 1,898   7232473,6.04%, 5/17/2025  11/22/2023   1,897    744 
 18,119   7234317,4.47%, 5/17/2025  11/22/2023   17,728    17,737 
 8,652   7232739,4.75%, 5/17/2025  11/22/2023   8,413    8,535 
 27,327   7232943,5.00%, 5/17/2025  11/22/2023   26,996    24,433 
 1,082   7233328,5.80%, 5/17/2025  11/22/2023   1,074    1,047 
 5,961   7233243,4.48%, 5/17/2025  11/22/2023   5,828    5,799 
 1,691   7233347,4.48%, 5/17/2025  11/22/2023   1,653    1,648 
 4,071   7233858,5.55%, 5/17/2025  11/22/2023   4,053    2,940 
 1,719   7232405,4.76%, 5/17/2025  11/22/2023   1,685    1,675 
 2,079   7232560,5.80%, 5/17/2025  11/22/2023   2,001    2,044 
 11,818   7233908,5.56%, 5/17/2025  11/22/2023   11,740    10,701 
 653   7233420,5.00%, 5/17/2025  11/22/2023   642    639 
 4,316   7232244,4.76%, 5/17/2025  11/22/2023   4,213    4,219 
 490   7233845,5.38%, 5/17/2025  11/22/2023   483    475 
 339   7232014,5.38%, 5/17/2025  11/22/2023   329    334 
 531   7233581,4.61%, 5/17/2025  11/22/2023   530    218 
 2,436   7233372,4.47%, 5/17/2025  11/22/2023   2,361    2,402 
 6,067   7232044,4.76%, 5/17/2025  11/22/2023   5,957    5,855 
 4,696   7232499,5.80%, 5/17/2025  11/22/2023   4,687    2,205 
 3,980   7233659,4.76%, 5/17/2025  11/22/2023   3,911    3,819 
 4,265   7234801,4.47%, 5/18/2025  11/24/2023   4,169    4,154 
 366   7235175,5.25%, 5/18/2025  11/24/2023   365    348 
 702   7235121,5.26%, 5/18/2025  11/24/2023   701    556 
 4,901   7235281,4.48%, 5/18/2025  11/24/2023   4,778    4,796 
 1,869   7234754,5.37%, 5/18/2025  11/24/2023   1,828    1,835 
 7,790   7234964,5.00%, 5/18/2025  11/24/2023   7,618    7,632 
 4,236   7235895,5.18%, 5/19/2025(e)  11/24/2023   4,203    2,767 
 2,215   7235991,6.03%, 5/19/2025  11/24/2023   2,212    1,732 
 13,880   7236078,4.75%, 5/19/2025  11/24/2023   13,686    12,916 
 1,208   7235736,5.55%, 5/19/2025  11/24/2023   1,130    1,192 
 1,833   7235458,5.78%, 5/19/2025  11/24/2023   1,828    1,287 
 1,172   7238811,4.74%, 5/20/2025  11/24/2023   1,073    1,159 
 1,415   7239501,4.97%, 5/20/2025  11/24/2023   1,400    998 
 3,336   7239515,5.36%, 5/20/2025  11/24/2023   3,314    2,621 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202481

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,028   7239303,5.52%, 5/20/2025  11/24/2023  $1,024   $557 
 1,971   7239234,5.35%, 5/20/2025  11/24/2023   1,937    1,927 
 446   7239750,5.95%, 5/20/2025  11/24/2023   446    295 
 33,005   7240014,4.74%, 5/20/2025  11/24/2023   32,485    30,846 
 4,860   7238652,5.17%, 5/20/2025  11/24/2023   4,760    4,745 
 1,888   7239533,4.99%, 5/20/2025  11/24/2023   1,851    1,833 
 17,822   7238950,4.46%, 5/20/2025  11/24/2023   17,433    17,352 
 2,033   7237177,4.46%, 5/20/2025  11/24/2023   1,984    1,991 
 2,756   7238180,5.53%, 5/20/2025  11/24/2023   2,742    1,533 
 2,289   7238229,4.99%, 5/20/2025  11/24/2023   2,246    2,231 
 2,486   7238056,4.46%, 5/20/2025  11/24/2023   2,436    2,420 
 2,250   7236810,6.17%, 5/20/2025  11/24/2023   2,248    1,627 
 1,569   7240441,5.54%, 5/20/2025  11/24/2023   1,538    1,544 
 1,549   7239458,5.17%, 5/20/2025  11/24/2023   1,517    1,512 
 1,522   7239127,4.98%, 5/20/2025  11/24/2023   1,463    1,507 
 7,166   7237789,5.17%, 5/20/2025  11/24/2023   7,051    6,924 
 956   7236797,5.17%, 5/20/2025  11/24/2023   944    907 
 7,019   7236956,4.74%, 5/20/2025  11/24/2023   6,955    5,141 
 6,210   7236718,4.98%, 5/20/2025  11/24/2023   6,126    5,542 
 4,127   7239565,5.17%, 5/20/2025  11/24/2023   4,050    4,024 
 2,136   7239422,5.93%, 5/20/2025(e)  11/24/2023   2,135    1,401 
 572   7239966,4.55%, 5/20/2025  11/24/2023   569    (1,162)
 1,399   7238937,5.17%, 5/20/2025  11/24/2023   1,384    1,196 
 1,264   7237690,5.22%, 5/20/2025  11/24/2023   1,262    894 
 1,595   7244043,6.04%, 5/21/2025  11/27/2023   1,591    1,476 
 2,326   7244293,4.75%, 5/21/2025  11/27/2023   2,260    2,287 
 1,250   7243473,5.36%, 5/21/2025  11/27/2023   1,241    738 
 4,449   7243028,4.75%, 5/21/2025  11/27/2023   4,349    4,330 
 8,521   7243923,5.36%, 5/21/2025  11/27/2023   8,431    7,642 
 2,712   7242854,4.75%, 5/21/2025  11/27/2023   2,652    2,653 
 2,493   7243240,4.74%, 5/21/2025  11/27/2023   2,437    2,430 
 774   7243844,4.75%, 5/21/2025  11/27/2023   742    767 
 3,058   7243866,4.99%, 5/21/2025  11/27/2023   3,010    2,933 
 12,916   7243178,4.47%, 5/21/2025  11/27/2023   12,723    11,294 
 502   7244059,6.05%, 5/21/2025  11/27/2023   500    464 
 1,893   7243465,5.17%, 5/21/2025  11/27/2023   1,871    1,739 
 226   7244031,6.04%, 5/21/2025  11/27/2023   224    220 
 5,139   7242545,4.99%, 5/21/2025  11/27/2023   4,979    5,053 
 753   7243265,4.99%, 5/21/2025  11/27/2023   738    735 
 9,471   7242229,6.19%, 5/21/2025  11/27/2023   9,390    7,677 
 1,612   7243673,4.99%, 5/21/2025  11/27/2023   1,587    1,542 
 8,119   7242903,4.47%, 5/21/2025  11/27/2023   7,945    7,904 
 16,618   7242311,4.47%, 5/21/2025  11/27/2023   16,244    16,189 
 11,421   7243293,4.99%, 5/21/2025  11/27/2023   11,131    11,196 

 

See Notes to Financial Statements. 
82(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,885   7242689,5.54%, 5/21/2025  11/27/2023  $5,827   $5,512 
 1,002   7244287,6.20%, 5/21/2025  11/27/2023   1,000    742 
 3,703   7242982,4.99%, 5/21/2025  11/27/2023   3,639    3,475 
 4,951   7250349,4.49%, 5/22/2025  11/28/2023   4,871    4,364 
 1,730   7249447,4.48%, 5/22/2025  11/28/2023   1,695    1,664 
 5,257   7248728,4.48%, 5/22/2025  11/28/2023   5,125    5,147 
 8,458   7248786,5.20%, 5/22/2025  11/28/2023   8,116    8,359 
 35,712   7248970,4.48%, 5/22/2025  11/28/2023   34,837    34,940 
 1,761   7249333,4.76%, 5/22/2025  11/28/2023   1,700    1,740 
 921   7248780,5.01%, 5/22/2025  11/28/2023   902    898 
 193   7249693,5.39%, 5/22/2025  11/28/2023   182    190 
 6,955   7249541,4.48%, 5/22/2025  11/28/2023   6,812    6,706 
 4,578   7249402,5.81%, 5/22/2025  11/28/2023   4,552    4,213 
 2,716   7249452,4.76%, 5/22/2025  11/28/2023   2,678    2,172 
 15,801   7250970,4.48%, 5/22/2025  11/28/2023   15,434    15,406 
 697   7250240,5.56%, 5/22/2025  11/28/2023   690    671 
 250   7249219,4.61%, 5/22/2025  11/28/2023   250    232 
 9,976   7248117,4.76%, 5/22/2025  11/28/2023   9,310    9,910 
 1,669   7249618,5.57%, 5/22/2025  11/28/2023   1,651    1,608 
 19,306   7247896,4.76%, 5/22/2025  11/28/2023   18,932    18,530 
 2,195   7247807,5.01%, 5/22/2025  11/28/2023   2,117    2,160 
 4,159   7249482,5.19%, 5/22/2025  11/28/2023   4,082    4,023 
 15,179   7247511,5.38%, 5/22/2025  11/28/2023   14,953    14,586 
 910   7247884,6.24%, 5/22/2025  11/28/2023   910    323 
 2,228   7249739,4.76%, 5/22/2025  11/28/2023   2,179    2,173 
 608   7249707,5.58%, 5/22/2025  11/28/2023   603    572 
 2,560   7251577,5.38%, 5/23/2025(e)  11/29/2023   2,545    1,398 
 1,113   7251559,6.06%, 5/23/2025  11/29/2023   1,111    882 
 1,066   7251456,4.49%, 5/23/2025  11/29/2023   1,035    1,050 
 2,043   7251465,4.76%, 5/23/2025  11/29/2023   1,990    2,002 
 877   7251565,5.37%, 5/23/2025  11/29/2023   854    860 
 4,838   7251609,4.76%, 5/23/2025  11/29/2023   4,759    4,507 
 29   7251964,5.26%, 5/23/2025  11/29/2023   28    28 
 3,500   7251672,4.77%, 5/23/2025  11/29/2023   3,436    3,362 
 1,692   7251660,5.39%, 5/23/2025  11/29/2023   1,664    1,636 
 11,944   7251809,5.20%, 5/23/2025  11/29/2023   11,711    11,547 
 467   7251962,6.09%, 5/23/2025  11/29/2023   466    370 
 2,677   7251282,4.48%, 5/23/2025  11/29/2023   2,613    2,610 
 4,368   7251391,4.49%, 5/23/2025  11/29/2023   4,239    4,304 
 1,961   7251629,5.20%, 5/23/2025  11/29/2023   1,926    1,897 
 4,061   7251583,4.48%, 5/23/2025  11/29/2023   3,964    3,964 
 550   7252006,6.06%, 5/23/2025  11/29/2023   547    526 
 5,640   7252020,5.38%, 5/23/2025  11/29/2023   5,568    5,364 
 291   7251483,5.99%, 5/23/2025  11/29/2023   291    260 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202483

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$27,322   7253298,5.37%, 5/24/2025  11/29/2023  $26,859   $26,475 
 670   7252453,4.49%, 5/24/2025  11/29/2023   642    662 
 2,765   7253140,4.47%, 5/24/2025  11/29/2023   2,694    2,707 
 4,425   7252383,4.75%, 5/24/2025  11/29/2023   4,368    3,476 
 1,481   7252840,4.47%, 5/24/2025  11/29/2023   1,427    1,462 
 181   7255034,5.55%, 5/25/2025  11/30/2023   157    177 
 474   7255026,5.96%, 5/25/2025  11/30/2023   474    406 
 13,702   7256082,5.00%, 5/25/2025  11/30/2023   13,418    12,910 
 4,731   7255488,4.48%, 5/25/2025  11/30/2023   4,600    4,658 
 3,825   7255306,5.00%, 5/25/2025  11/30/2023   3,723    3,764 
 3,565   7255354,4.47%, 5/25/2025  11/30/2023   3,485    3,477 
 2,363   7255559,5.18%, 5/25/2025  11/30/2023   2,333    2,189 
 2,719   7255970,5.37%, 5/25/2025  11/30/2023   2,633    2,675 
 2,954   7254946,5.80%, 5/25/2025  11/30/2023   2,929    2,821 
 2,461   7255932,5.55%, 5/25/2025  11/30/2023   2,434    2,348 
 5,287   7255238,4.75%, 5/25/2025  11/30/2023   5,184    5,106 
 1,201   7255541,4.76%, 5/25/2025  11/30/2023   1,172    1,175 
 2,133   7256059,5.00%, 5/25/2025  11/30/2023   2,106    1,531 
 7,551   7255573,5.19%, 5/25/2025  11/30/2023   7,469    6,445 
 1,034   7254576,5.18%, 5/25/2025  11/30/2023   1,017    984 
 7,504   7254968,5.00%, 5/25/2025  11/30/2023   7,348    7,283 
 3,059   7254631,4.47%, 5/25/2025  11/30/2023   2,989    2,982 
 1,869   7255294,6.20%, 5/25/2025  11/30/2023   1,867    1,378 
 2,408   7255852,4.75%, 5/25/2025  11/30/2023   2,356    2,328 
 4,503   7254546,4.47%, 5/25/2025  11/30/2023   4,375    4,433 
 1,794   7254845,5.95%, 5/25/2025  11/30/2023   1,792    1,603 
 2,493   7255457,5.19%, 5/25/2025(e)  11/30/2023   2,446    2,417 
 1,335   7255670,5.55%, 5/25/2025  11/30/2023   1,325    1,157 
 4,909   7254496,4.75%, 5/25/2025  11/30/2023   4,778    4,808 
 9,576   7255374,5.00%, 5/25/2025  11/30/2023   9,436    8,676 
 1,803   7255019,5.00%, 5/25/2025  11/30/2023   1,767    1,751 
 5,628   7255071,4.47%, 5/25/2025  11/30/2023   5,493    5,483 
 535   7255655,4.74%, 5/25/2025  11/30/2023   524    522 
 1,198   7255952,5.81%, 5/25/2025  11/30/2023   1,189    1,122 
 5,542   7256019,4.47%, 5/25/2025  11/30/2023   5,413    5,411 
 502   7256070,5.00%, 5/25/2025  11/30/2023   481    496 
 5,417   7254604,5.00%, 5/25/2025  11/30/2023   5,326    5,096 
 19,779   7255112,4.48%, 5/25/2025  11/30/2023   19,291    19,354 
 7,224   7255710,5.37%, 5/25/2025  11/30/2023   7,121    6,636 
 1,564   7254594,5.56%, 5/25/2025  11/30/2023   1,552    1,419 
 920   7254802,4.57%, 5/25/2025  11/30/2023   908    887 
 2,841   7254790,5.19%, 5/25/2025  11/30/2023   2,818    1,801 
 755   7255919,5.36%, 5/25/2025  11/30/2023   740    732 
 1,951   7256353,5.55%, 5/26/2025  11/30/2023   1,938    1,375 

 

See Notes to Financial Statements. 
84(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,136   7256694,5.36%, 5/26/2025  11/30/2023  $4,095   $3,713 
 1,497   7256622,5.18%, 5/26/2025  11/30/2023   1,476    1,391 
 915   7256636,4.99%, 5/26/2025  11/30/2023   874    906 
 5,505   7256664,5.79%, 5/26/2025  11/30/2023   5,482    4,548 
 3,701   7256840,6.19%, 5/26/2025  11/30/2023   3,695    3,209 
 1,938   7256396,5.36%, 5/26/2025  11/30/2023   1,910    1,880 
 1,791   7256454,4.74%, 5/26/2025  11/30/2023   1,749    1,753 
 14,344   7256714,5.18%, 5/26/2025  11/30/2023   14,209    9,503 
 4,922   7256254,5.79%, 5/26/2025  11/30/2023   4,905    2,411 
 1,857   7256312,5.36%, 5/26/2025  11/30/2023   1,807    1,823 
 693   7256629,5.57%, 5/26/2025  11/30/2023   689    524 
 4,368   7256920,4.47%, 5/26/2025  11/30/2023   4,241    4,300 
 7,201   7256873,4.47%, 5/26/2025  11/30/2023   7,007    7,074 
 2,402   7263440,4.45%, 5/28/2025  12/1/2023   2,332    2,363 
 8,245   7262303,4.46%, 5/28/2025  12/1/2023   7,863    8,016 
 15,821   7263306,5.17%, 5/28/2025  12/1/2023   15,439    15,499 
 796   7263100,5.94%, 5/28/2025  12/1/2023   795    684 
 6,406   7261906,5.35%, 5/28/2025  12/1/2023   6,339    5,776 
 273   7263099,5.21%, 5/28/2025  12/1/2023   272    234 
 10,931   7263143,4.98%, 5/28/2025  12/1/2023   10,602    10,783 
 19,109   7261041,4.46%, 5/28/2025  12/1/2023   18,661    18,619 
 11,094   7263106,5.35%, 5/28/2025  12/1/2023   10,989    9,248 
 3,976   7262447,4.46%, 5/28/2025  12/1/2023   3,890    3,836 
 16,320   7262810,4.98%, 5/28/2025  12/1/2023   16,101    14,759 
 15,082   7261640,4.73%, 5/28/2025  12/1/2023   14,847    14,064 
 6,155   7262910,4.46%, 5/28/2025  12/1/2023   6,020    5,946 
 55,674   7261201,4.74%, 5/28/2025  12/1/2023   55,001    44,010 
 2,757   7265366,4.46%, 5/29/2025  12/4/2023   2,682    2,712 
 3,082   7267012,5.35%, 5/29/2025  12/4/2023   3,021    2,994 
 4,228   7266378,4.74%, 5/29/2025  12/4/2023   4,104    4,157 
 2,426   7266143,4.46%, 5/29/2025  12/4/2023   2,373    2,365 
 455   7264886,4.54%, 5/29/2025  12/4/2023   453    406 
 27,310   7265995,6.18%, 5/29/2025  12/4/2023   27,248    22,445 
 1,107   7266455,5.93%, 5/29/2025  12/4/2023   1,101    1,046 
 220   7267132,4.98%, 5/29/2025  12/4/2023   205    219 
 133   7264876,5.93%, 5/29/2025  12/4/2023   131    128 
 4,452   7267080,4.46%, 5/29/2025  12/4/2023   4,332    4,354 
 9,504   7264989,4.46%, 5/29/2025  12/4/2023   9,291    9,175 
 10,606   7265885,5.17%, 5/29/2025  12/4/2023   10,384    10,281 
 501   7266666,5.17%, 5/29/2025  12/4/2023   467    497 
 4,898   7265795,5.35%, 5/29/2025  12/4/2023   4,741    4,811 
 1,398   7265629,5.54%, 5/29/2025  12/4/2023   1,363    1,354 
 832   7264334,4.99%, 5/29/2025  12/4/2023   811    816 
 14,099   7265474,4.46%, 5/29/2025  12/4/2023   13,832    12,459 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202485

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$951   7264929,5.17%, 5/29/2025  12/4/2023  $936   $906 
 2,340   7265322,6.03%, 5/29/2025  12/4/2023   2,331    2,037 
 559   7266453,4.97%, 5/29/2025  12/4/2023   547    543 
 735   7267143,6.16%, 5/29/2025(e)  12/4/2023   734    282 
 18,112   7267301,5.17%, 5/29/2025(e)  12/4/2023   17,890    15,659 
 921   7266264,5.22%, 5/29/2025  12/4/2023   921    674 
 1,752   7265609,5.16%, 5/29/2025  12/4/2023   1,725    1,666 
 3,518   7267044,5.17%, 5/29/2025  12/4/2023   3,446    3,402 
 11,215   7266466,5.35%, 5/29/2025  12/4/2023   11,011    10,866 
 1,293   7264373,5.78%, 5/29/2025  12/4/2023   1,275    1,235 
 3,091   7266269,5.35%, 5/29/2025  12/4/2023   3,042    2,974 
 4,259   7264297,4.74%, 5/29/2025  12/4/2023   4,193    3,978 
 2,228   7264210,5.17%, 5/29/2025  12/4/2023   2,187    2,070 
 5,827   7264638,5.17%, 5/29/2025  12/4/2023   5,707    5,628 
 300   7267145,5.78%, 5/29/2025  12/4/2023   297    291 
 1,664   7264777,4.99%, 5/29/2025  12/4/2023   1,580    1,647 
 6,375   7270838,5.37%, 5/30/2025(e)  12/5/2023   6,322    3,896 
 16,130   7273682,4.75%, 5/30/2025  12/5/2023   15,782    15,583 
 3,404   7273603,4.48%, 5/30/2025  12/5/2023   3,328    3,282 
 2,784   7271450,4.47%, 5/30/2025  12/5/2023   2,656    2,758 
 3,493   7273463,5.18%, 5/30/2025  12/5/2023   3,422    3,381 
 1,466   7270095,5.79%, 5/30/2025  12/5/2023   1,459    1,070 
 2,740   7272487,4.75%, 5/30/2025  12/5/2023   2,677    2,671 
 20,373   7273490,5.00%, 5/30/2025  12/5/2023   20,085    18,456 
 15,152   7272747,5.19%, 5/30/2025  12/5/2023   14,401    14,999 
 9,591   7272441,5.80%, 5/30/2025  12/5/2023   9,544    6,959 
 28,056   7272003,4.75%, 5/30/2025  12/5/2023   27,564    26,273 
 2,538   7271050,4.75%, 5/30/2025  12/5/2023   2,481    2,474 
 1,213   7269967,4.76%, 5/30/2025  12/5/2023   1,167    1,198 
 3,549   7270991,5.56%, 5/30/2025  12/5/2023   3,521    3,085 
 3,206   7270063,5.56%, 5/30/2025  12/5/2023   3,173    3,012 
 1,253   7270506,5.57%, 5/30/2025  12/5/2023   1,239    1,197 
 6,857   7270876,4.47%, 5/30/2025  12/5/2023   6,684    6,706 
 446   7272218,6.20%, 5/30/2025  12/5/2023   440    438 
 3,447   7272719,5.56%, 5/30/2025  12/5/2023   3,428    1,921 
 2,831   7270008,4.76%, 5/30/2025  12/5/2023   2,744    2,792 
 4,834   7271510,5.00%, 5/30/2025  12/5/2023   4,705    4,740 
 16,973   7271596,4.75%, 5/30/2025  12/5/2023   16,613    16,320 
 9,404   7270147,4.47%, 5/30/2025  12/5/2023   9,124    9,267 
 1,158   7275430,4.99%, 6/1/2025  12/6/2023   1,139    1,059 
 4,352   7275444,4.99%, 6/1/2025  12/6/2023   4,257    4,239 
 799   7275662,5.80%, 6/1/2025  12/6/2023   795    673 
 961   7275409,4.75%, 6/1/2025  12/6/2023   930    949 
 756   7275434,5.79%, 6/1/2025  12/6/2023   748    724 

 

See Notes to Financial Statements. 
86(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$9,296   7275552,4.99%, 6/1/2025  12/6/2023  $9,160   $8,416 
 1,295   7274762,5.17%, 6/1/2025  12/6/2023   1,270    1,253 
 50   7276993,5.37%, 6/1/2025  12/6/2023   46    49 
 2,909   7274776,5.36%, 6/1/2025  12/6/2023   2,851    2,837 
 37,894   7276209,4.47%, 6/1/2025  12/6/2023   36,895    36,973 
 7,485   7276084,4.99%, 6/1/2025  12/6/2023   7,284    7,339 
 828   7275538,4.73%, 6/1/2025  12/6/2023   810    801 
 2,391   7274735,4.47%, 6/1/2025  12/6/2023   2,335    2,306 
 2,150   7275987,4.99%, 6/1/2025  12/6/2023   2,109    2,055 
 10,808   7277140,5.18%, 6/1/2025  12/6/2023   10,415    10,666 
 2,049   7275837,4.56%, 6/1/2025  12/6/2023   2,046    1,837 
 270   7273855,5.27%, 6/1/2025  12/6/2023   269    235 
 1,648   7275719,4.46%, 6/1/2025  12/6/2023   1,601    1,622 
 727   7277112,5.53%, 6/1/2025  12/6/2023   719    685 
 842   7275748,4.55%, 6/1/2025  12/6/2023   841    537 
 8,451   7274590,5.36%, 6/1/2025  12/6/2023   8,316    8,123 
 1,140   7275773,4.99%, 6/1/2025  12/6/2023   1,115    1,108 
 3,572   7276002,4.99%, 6/1/2025  12/6/2023   3,525    2,592 
 13,144   7277361,4.47%, 6/1/2025  12/6/2023   12,742    12,968 
 4,490   7276719,5.18%, 6/1/2025  12/6/2023   4,334    4,433 
 90   7273889,5.53%, 6/1/2025  12/6/2023   83    90 
 3,262   7273971,4.47%, 6/1/2025  12/6/2023   3,174    3,189 
 2,000   7273898,4.46%, 6/1/2025  12/6/2023   1,933    1,972 
 3,901   7275287,6.03%, 6/1/2025(e)  12/6/2023   3,890    2,563 
 11,748   7274929,4.99%, 6/1/2025  12/6/2023   11,543    10,742 
 7,746   7274374,4.47%, 6/1/2025  12/6/2023   7,537    7,582 
 1,329   7275678,5.00%, 6/1/2025  12/6/2023   1,291    1,304 
 7,103   7278116,5.36%, 6/2/2025  12/7/2023   6,994    6,770 
 2,540   7278401,5.36%, 6/2/2025  12/7/2023   2,518    1,563 
 3,849   7277944,4.47%, 6/2/2025  12/7/2023   3,755    3,752 
 1,578   7278054,4.99%, 6/2/2025  12/7/2023   1,528    1,550 
 5,763   7278451,5.36%, 6/2/2025  12/7/2023   5,702    4,817 
 5,232   7278368,4.47%, 6/2/2025  12/7/2023   5,062    5,154 
 2,162   7278223,4.75%, 6/2/2025  12/7/2023   2,114    2,092 
 20,180   7277665,5.18%, 6/2/2025  12/7/2023   19,747    19,534 
 2,814   7277868,4.99%, 6/2/2025  12/7/2023   2,702    2,777 
 2,303   7278351,5.55%, 6/2/2025  12/7/2023   2,287    1,732 
 613   7278078,5.19%, 6/2/2025  12/7/2023   599    592 
 789   7278092,6.01%, 6/2/2025  12/7/2023   784    528 
 1,566   7277494,5.37%, 6/2/2025  12/7/2023   1,540    1,505 
 29,827   7277559,5.79%, 6/2/2025(e)  12/7/2023   29,745    7,774 
 2,138   7278307,4.75%, 6/2/2025  12/7/2023   2,064    2,110 
 763   7278428,5.79%, 6/2/2025  12/7/2023   756    706 
 268   7278213,5.35%, 6/2/2025  12/7/2023   260    263 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202487

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$968   7278028,5.54%, 6/2/2025  12/7/2023  $957   $887 
 1,793   7278201,5.80%, 6/2/2025  12/7/2023   1,782    1,306 
 1,758   7277511,4.75%, 6/2/2025  12/7/2023   1,721    1,698 
 1,383   7279398,5.22%, 6/3/2025  12/7/2023   1,383    420 
 1,706   7278817,4.98%, 6/3/2025  12/7/2023   1,650    1,676 
 3,871   7278746,4.45%, 6/3/2025  12/7/2023   3,778    3,772 
 3,049   7279525,4.46%, 6/3/2025  12/7/2023   2,957    2,994 
 751   7279384,5.78%, 6/3/2025  12/7/2023   742    728 
 2,715   7279335,5.16%, 6/3/2025  12/7/2023   2,688    1,818 
 1,501   7279161,5.36%, 6/3/2025  12/7/2023   1,484    1,356 
 4,182   7279117,5.78%, 6/3/2025  12/7/2023   4,145    3,856 
 953   7279040,5.36%, 6/3/2025  12/7/2023   937    916 
 1,488   7278787,4.46%, 6/3/2025  12/7/2023   1,423    1,471 
 2,491   7278901,4.46%, 6/3/2025  12/7/2023   2,426    2,428 
 920   7278845,4.56%, 6/3/2025  12/7/2023   917    598 
 738   7278808,6.03%, 6/3/2025  12/7/2023   730    713 
 4,712   7279562,4.46%, 6/3/2025  12/7/2023   4,604    4,556 
 1,210   7279182,4.75%, 6/3/2025  12/7/2023   1,179    1,181 
 531   7278930,6.06%, 6/3/2025  12/7/2023   530    431 
 3,965   7278660,4.98%, 6/3/2025  12/7/2023   3,861    3,891 
 1,051   7279303,4.99%, 6/3/2025  12/7/2023   1,003    1,040 
 1,821   7278936,5.17%, 6/3/2025  12/7/2023   1,790    1,748 
 4,110   7278852,4.46%, 6/3/2025  12/7/2023   3,979    4,049 
 2,140   7278717,4.73%, 6/3/2025  12/7/2023   2,089    2,069 
 1,671   7279164,5.54%, 6/3/2025  12/7/2023   1,649    1,596 
 6,032   7279409,4.74%, 6/3/2025  12/7/2023   5,894    5,830 
 3,689   7283485,4.73%, 6/4/2025  12/7/2023   3,591    3,608 
 5,780   7283693,5.16%, 6/4/2025  12/7/2023   5,694    5,371 
 6,029   7280120,5.77%, 6/4/2025  12/7/2023   6,001    2,997 
 6,143   7280809,4.45%, 6/4/2025  12/7/2023   5,982    6,005 
 4,425   7281078,4.72%, 6/4/2025  12/7/2023   4,297    4,340 
 2,751   7280237,5.15%, 6/4/2025  12/7/2023   2,726    1,799 
 2,291   7283221,5.77%, 6/4/2025  12/7/2023   2,275    2,069 
 4,573   7282672,4.45%, 6/4/2025  12/7/2023   4,443    4,490 
 2,899   7280590,4.97%, 6/4/2025  12/7/2023   2,814    2,857 
 561   7280766,5.76%, 6/4/2025  12/7/2023   554    543 
 61,279   7281157,4.73%, 6/4/2025  12/7/2023   60,391    49,572 
 3,133   7282338,4.73%, 6/4/2025  12/7/2023   3,038    3,086 
 1,151   7282659,5.16%, 6/4/2025  12/7/2023   1,126    1,122 
 941   7283274,5.15%, 6/4/2025  12/7/2023   918    923 
 2,368   7282913,4.45%, 6/4/2025  12/7/2023   2,302    2,325 
 20,580   7282714,4.45%, 6/4/2025  12/7/2023   20,014    20,196 
 1,966   7281020,5.33%, 6/4/2025  12/7/2023   1,950    1,202 
 4,987   7280046,6.02%, 6/4/2025  12/7/2023   4,951    4,764 

 

See Notes to Financial Statements. 
88(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$563   7280040,5.92%, 6/4/2025  12/7/2023  $561   $508 
 7,906   7279959,5.53%, 6/4/2025  12/7/2023   7,831    7,237 
 3,398   7283749,6.02%, 6/4/2025  12/7/2023   3,381    3,188 
 1,095   7280910,5.35%, 6/4/2025  12/7/2023   1,074    1,051 
 1,139   7282934,6.01%, 6/4/2025  12/7/2023   1,135    922 
 1,047   7282370,5.53%, 6/4/2025  12/7/2023   1,035    988 
 845   7282642,4.44%, 6/4/2025  12/7/2023   792    838 
 10,200   7281803,4.97%, 6/4/2025  12/7/2023   9,944    9,995 
 4,577   7280959,4.45%, 6/4/2025  12/7/2023   4,473    4,413 
 4,423   7280290,4.45%, 6/4/2025  12/7/2023   4,306    4,323 
 3,667   7283552,5.53%, 6/4/2025(e)  12/7/2023   3,646    2,055 
 24,392   7282081,5.52%, 6/4/2025  12/7/2023   24,156    22,391 
 2,242   7285515,4.45%, 6/5/2025  12/8/2023   2,150    2,217 
 2,131   7284764,5.33%, 6/5/2025  12/8/2023   2,107    1,783 
 23,429   7286252,4.45%, 6/5/2025  12/8/2023   22,551    23,123 
 7,408   7285402,4.73%, 6/5/2025  12/8/2023   7,278    6,958 
 1,954   7284429,4.45%, 6/5/2025  12/8/2023   1,888    1,929 
 2,251   7284077,4.45%, 6/5/2025  12/8/2023   2,108    2,234 
 2,994   7286074,5.34%, 6/5/2025  12/8/2023   2,918    2,888 
 5,348   7284891,4.45%, 6/5/2025  12/8/2023   5,182    5,262 
 288   7284843,5.92%, 6/5/2025  12/8/2023   287    259 
 13,309   7287121,5.34%, 6/5/2025  12/8/2023   13,147    12,069 
 1,738   7287531,5.77%, 6/5/2025  12/8/2023   1,727    1,473 
 331   7286066,5.15%, 6/5/2025  12/8/2023   320    327 
 14,070   7285715,4.73%, 6/5/2025  12/8/2023   13,718    13,770 
 1,378   7287513,5.16%, 6/5/2025  12/8/2023   1,345    1,343 
 3,405   7287669,5.78%, 6/5/2025  12/8/2023   3,387    2,526 
 3,506   7287681,4.45%, 6/5/2025  12/8/2023   3,423    3,389 
 290   7285320,5.34%, 6/5/2025  12/8/2023   281    285 
 4,843   7285253,5.15%, 6/5/2025  12/8/2023   4,797    3,193 
 1,159   7284974,4.45%, 6/5/2025  12/8/2023   1,119    1,142 
 9,202   7284476,5.34%, 6/5/2025  12/8/2023   8,880    9,017 
 2,198   7285323,4.44%, 6/5/2025(e)  12/8/2023   2,169    1,723 
 4,708   7285680,4.45%, 6/5/2025  12/8/2023   4,574    4,605 
 13,652   7287546,4.73%, 6/5/2025  12/8/2023   13,336    13,315 
 7,398   7286541,5.34%, 6/5/2025  12/8/2023   7,287    7,038 
 15,678   7287719,4.45%, 6/5/2025  12/8/2023   15,281    15,286 
 5,706   7284284,4.97%, 6/5/2025  12/8/2023   5,576    5,534 
 3,920   7286116,6.02%, 6/5/2025  12/8/2023   3,907    3,154 
 7,071   7286672,5.52%, 6/5/2025  12/8/2023   6,774    6,988 
 21,930   7286922,4.45%, 6/5/2025  12/8/2023   21,403    21,178 
 6,820   7286159,4.73%, 6/5/2025  12/8/2023   6,711    5,582 
 4,628   7285337,5.16%, 6/5/2025  12/8/2023   4,549    4,402 
 4,856   7285097,4.45%, 6/5/2025  12/8/2023   4,711    4,779 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202489

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,350   7284250,4.54%, 6/5/2025  12/8/2023  $2,348   $1,871 
 1,876   7287228,5.77%, 6/5/2025  12/8/2023   1,811    1,833 
 4,927   7288846,4.45%, 6/6/2025  12/11/2023   4,707    4,871 
 1,767   7289925,4.45%, 6/6/2025  12/11/2023   1,721    1,728 
 1,212   7288655,5.16%, 6/6/2025  12/11/2023   1,184    1,173 
 6,739   7289491,5.34%, 6/6/2025  12/11/2023   6,603    6,415 
 2,448   7290827,5.52%, 6/6/2025  12/11/2023   2,433    1,304 
 2,931   7290785,4.72%, 6/6/2025  12/11/2023   2,852    2,872 
 2,220   7289443,5.16%, 6/6/2025  12/11/2023   2,147    2,176 
 7,526   7288071,4.97%, 6/6/2025  12/11/2023   7,391    7,103 
 6,731   7290175,6.02%, 6/6/2025  12/11/2023   6,703    4,486 
 3,729   7290887,5.34%, 6/6/2025  12/11/2023   3,653    3,631 
 814   7288239,5.33%, 6/6/2025  12/11/2023   778    797 
 148   7289442,5.24%, 6/6/2025  12/11/2023   146    145 
 151   7288142,5.16%, 6/6/2025  12/11/2023   134    150 
 865   7287909,5.21%, 6/6/2025  12/11/2023   851    762 
 2,022   7289362,4.98%, 6/6/2025  12/11/2023   1,967    1,976 
 971   7289764,5.34%, 6/6/2025  12/11/2023   936    950 
 1,481   7287938,6.01%, 6/6/2025  12/11/2023   1,466    1,436 
 5,263   7288314,4.45%, 6/6/2025  12/11/2023   5,102    5,169 
 1,371   7288286,5.15%, 6/6/2025  12/11/2023   1,346    1,309 
 2,019   7288690,5.34%, 6/6/2025  12/11/2023   1,975    1,962 
 3,016   7287780,4.72%, 6/6/2025  12/11/2023   2,942    2,941 
 23,054   7289184,4.97%, 6/6/2025  12/11/2023   22,748    16,944 
 4,332   7288166,4.45%, 6/6/2025  12/11/2023   4,199    4,263 
 1,831   7289042,4.73%, 6/6/2025  12/11/2023   1,761    1,808 
 568   7289029,5.96%, 6/6/2025  12/11/2023   568    331 
 5,161   7287873,4.45%, 6/6/2025  12/11/2023   5,050    4,604 
 581   7288159,5.24%, 6/6/2025  12/11/2023   580    440 
 2,191   7288012,5.15%, 6/6/2025  12/11/2023   2,161    1,519 
 1,142   7287971,4.72%, 6/6/2025  12/11/2023   1,103    1,126 
 11,343   7289087,5.22%, 6/6/2025  12/11/2023   11,331    7,280 
 888   7290048,5.76%, 6/6/2025  12/11/2023   876    837 
 1,356   7288766,4.73%, 6/6/2025  12/11/2023   1,315    1,330 
 1,799   7288792,4.98%, 6/6/2025  12/11/2023   1,753    1,754 
 6,208   7290272,5.16%, 6/6/2025  12/11/2023   5,871    6,139 
 47,555   7290973,5.34%, 6/6/2025  12/11/2023   46,876    43,188 
 4,399   7288559,5.52%, 6/6/2025  12/11/2023   4,364    3,390 
 24,138   7289815,4.45%, 6/6/2025  12/11/2023   23,505    23,544 
 16,523   7294120,4.47%, 6/7/2025  12/12/2023   16,141    16,086 
 853   7296543,5.36%, 6/7/2025  12/12/2023   838    821 
 2,858   7297650,5.55%, 6/7/2025  12/12/2023   2,799    2,780 
 6,969   7297712,4.47%, 6/7/2025  12/12/2023   6,786    6,801 
 1,190   7295299,5.17%, 6/7/2025  12/12/2023   1,133    1,176 

 

See Notes to Financial Statements. 
90(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$9,114   7294700,5.54%, 6/7/2025(e)  12/12/2023  $9,024   $5,341 
 6,024   7293686,4.46%, 6/7/2025  12/12/2023   5,861    5,888 
 598   7293657,5.80%, 6/7/2025  12/12/2023   592    565 
 9,435   7294504,5.55%, 6/7/2025  12/12/2023   9,305    8,304 
 7,962   7295114,4.74%, 6/7/2025  12/12/2023   7,780    7,694 
 7,431   7296415,4.75%, 6/7/2025  12/12/2023   7,254    7,185 
 15,547   7296264,5.55%, 6/7/2025  12/12/2023   15,433    9,211 
 6,557   7295209,5.17%, 6/7/2025  12/12/2023   6,469    5,707 
 3,622   7296054,5.79%, 6/7/2025  12/12/2023   3,595    3,356 
 1,159   7296035,4.75%, 6/7/2025  12/12/2023   1,095    1,147 
 926   7295354,5.23%, 6/7/2025  12/12/2023   925    480 
 37,049   7297814,4.99%, 6/7/2025  12/12/2023   36,355    34,998 
 2,519   7297168,4.99%, 6/7/2025  12/12/2023   2,455    2,458 
 8,942   7297569,5.36%, 6/7/2025  12/12/2023   8,844    7,508 
 1,224   7296947,4.75%, 6/7/2025  12/12/2023   1,190    1,201 
 3,993   7295527,5.36%, 6/7/2025  12/12/2023   3,939    3,638 
 2,122   7296978,4.47%, 6/7/2025  12/12/2023   2,055    2,090 
 32,139   7297177,4.47%, 6/7/2025  12/12/2023   31,253    31,409 
 7,908   7296097,4.46%, 6/7/2025  12/12/2023   7,729    7,621 
 2,862   7295283,4.47%, 6/7/2025  12/12/2023   2,787    2,797 
 1,064   7293895,4.47%, 6/7/2025  12/12/2023   1,022    1,051 
 4,051   7293789,5.18%, 6/7/2025  12/12/2023   3,956    3,928 
 920   7296514,4.75%, 6/7/2025  12/12/2023   880    911 
 13,667   7294810,4.75%, 6/7/2025  12/12/2023   13,289    13,381 
 480   7297705,5.93%, 6/7/2025  12/12/2023   480    444 
 895   7295374,5.37%, 6/7/2025  12/12/2023   873    876 
 2,821   7294105,5.55%, 6/7/2025  12/12/2023   2,799    1,684 
 28,041   7299620,5.36%, 6/8/2025  12/13/2023   27,494    26,993 
 3,192   7301118,4.75%, 6/8/2025  12/13/2023   3,108    3,114 
 3,982   7301348,5.94%, 6/8/2025  12/13/2023   3,977    3,506 
 12,204   7301445,5.36%, 6/8/2025  12/13/2023   11,962    11,869 
 6,147   7299594,4.47%, 6/8/2025  12/13/2023   5,971    6,032 
 41,151   7300599,4.99%, 6/8/2025  12/13/2023   40,325    39,903 
 238   7301401,5.56%, 6/8/2025  12/13/2023   231    234 
 1,563   7300086,4.74%, 6/8/2025  12/13/2023   1,512    1,540 
 2,883   7298441,4.47%, 6/8/2025  12/13/2023   2,790    2,839 
 12,906   7300460,4.99%, 6/8/2025  12/13/2023   12,615    12,395 
 1,821   7300093,5.54%, 6/8/2025  12/13/2023   1,792    1,761 
 13,429   7299218,4.47%, 6/8/2025  12/13/2023   13,143    12,077 
 5,930   7299504,4.47%, 6/8/2025  12/13/2023   5,710    5,851 
 2,085   7298347,5.55%, 6/8/2025  12/13/2023   2,028    2,046 
 5,915   7298037,4.99%, 6/8/2025  12/13/2023   5,779    5,678 
 1,493   7298803,5.00%, 6/8/2025  12/13/2023   1,461    1,412 
 16,663   7299007,4.75%, 6/8/2025  12/13/2023   16,285    16,017 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202491

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$14,111   7300237,4.99%, 6/8/2025  12/13/2023  $13,888   $12,800 
 2,267   7300174,4.74%, 6/8/2025  12/13/2023   2,196    2,226 
 3,754   7300127,4.47%, 6/8/2025  12/13/2023   3,586    3,709 
 698   7299916,5.55%, 6/8/2025  12/13/2023   687    674 
 8,962   7298586,4.99%, 6/8/2025  12/13/2023   8,725    8,746 
 2,883   7299203,5.18%, 6/8/2025  12/13/2023   2,849    1,974 
 1,381   7299372,4.74%, 6/8/2025  12/13/2023   1,340    1,352 
 2,116   7301285,5.36%, 6/8/2025  12/13/2023   2,063    2,067 
 2,067   7301411,5.17%, 6/8/2025  12/13/2023   2,026    1,989 
 2,153   7298296,5.17%, 6/8/2025  12/13/2023   2,100    2,101 
 14,630   7299389,4.47%, 6/8/2025  12/13/2023   14,296    14,079 
 7,529   7301172,4.47%, 6/8/2025  12/13/2023   7,386    6,723 
 1,351   7300330,6.04%, 6/8/2025  12/13/2023   1,344    1,190 
 7,535   7299935,4.74%, 6/8/2025  12/13/2023   7,031    7,474 
 3,371   7299925,5.18%, 6/8/2025  12/13/2023   3,326    2,935 
 2,758   7297961,5.17%, 6/8/2025  12/13/2023   2,698    2,673 
 384   7299585,4.52%, 6/8/2025(e)  12/13/2023   384    257 
 14,964   7301591,4.99%, 6/9/2025  12/14/2023   14,747    11,126 
 1,349   7302336,6.05%, 6/9/2025  12/14/2023   1,343    919 
 5,468   7302232,4.47%, 6/9/2025  12/14/2023   5,321    5,336 
 2,262   7302002,5.18%, 6/9/2025  12/14/2023   2,229    1,982 
 4,855   7302354,4.99%, 6/9/2025  12/14/2023   4,728    4,743 
 35   7302314,5.37%, 6/9/2025  12/14/2023   32    34 
 2,407   7302303,6.03%, 6/9/2025  12/14/2023   2,395    1,987 
 7,387   7301914,4.74%, 6/9/2025  12/14/2023   7,154    7,261 
 577   7302223,5.23%, 6/9/2025  12/14/2023   577    441 
 627   7302062,5.53%, 6/9/2025  12/14/2023   614    609 
 8,152   7302431,5.36%, 6/9/2025  12/14/2023   8,074    5,065 
 14,692   7301649,5.55%, 6/9/2025  12/14/2023   14,419    14,110 
 6,191   7302546,4.46%, 6/9/2025  12/14/2023   6,078    5,486 
 135   7301991,5.21%, 6/9/2025  12/14/2023   135    132 
 567   7302206,5.17%, 6/9/2025  12/14/2023   551    553 
 2,696   7302150,5.79%, 6/9/2025  12/14/2023   2,678    2,029 
 13,853   7301800,4.74%, 6/9/2025  12/14/2023   13,570    13,008 
 435   7301985,5.53%, 6/9/2025  12/14/2023   425    423 
 17,880   7302475,5.36%, 6/9/2025(e)  12/14/2023   17,754    4,785 
 2,379   7302767,4.46%, 6/10/2025  12/14/2023   2,305    2,340 
 1,529   7303421,5.35%, 6/10/2025  12/14/2023   1,494    1,487 
 8,862   7302789,5.78%, 6/10/2025  12/14/2023   8,711    8,624 
 3,961   7303593,5.17%, 6/10/2025  12/14/2023   3,861    3,864 
 8,843   7302640,4.98%, 6/10/2025  12/14/2023   8,668    8,372 
 2,516   7305372,5.15%, 6/11/2025  12/14/2023   2,445    2,466 
 152   7304429,5.80%, 6/11/2025  12/14/2023   148    149 
 1,524   7305494,4.99%, 6/11/2025  12/14/2023   1,505    1,050 

 

See Notes to Financial Statements. 
92(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$9,625   7307180,5.34%, 6/11/2025  12/14/2023  $9,456   $9,178 
 973   7305421,4.72%, 6/11/2025  12/14/2023   941    956 
 1,704   7306569,5.53%, 6/11/2025  12/14/2023   1,681    1,613 
 2,161   7306105,4.73%, 6/11/2025  12/14/2023   2,116    2,035 
 566   7306316,5.52%, 6/11/2025  12/14/2023   554    550 
 414   7306128,5.52%, 6/11/2025  12/14/2023   402    406 
 2,901   7306069,5.77%, 6/11/2025  12/14/2023   2,840    2,227 
 8,263   7307046,4.45%, 6/11/2025  12/14/2023   8,056    7,983 
 1,080   7306292,6.02%, 6/11/2025  12/14/2023   1,069    1,031 
 2,952   7305985,6.17%, 6/11/2025  12/14/2023   2,928    2,842 
 6,866   7305508,4.45%, 6/11/2025  12/14/2023   6,641    6,756 
 13,788   7303690,4.97%, 6/11/2025  12/14/2023   13,494    13,237 
 12,351   7304596,4.73%, 6/11/2025  12/14/2023   11,979    12,106 
 2,246   7305445,5.53%, 6/11/2025  12/14/2023   2,213    2,153 
 2,152   7306461,5.53%, 6/11/2025  12/14/2023   2,013    2,124 
 2,227   7306329,5.77%, 6/11/2025  12/14/2023   2,210    1,900 
 871   7306579,4.98%, 6/11/2025  12/14/2023   839    858 
 3,052   7305296,5.52%, 6/11/2025  12/14/2023   2,979    2,963 
 9,367   7307117,5.16%, 6/11/2025  12/14/2023   9,231    8,252 
 1,679   7304358,5.16%, 6/11/2025  12/14/2023   1,642    1,615 
 2,933   7307919,6.17%, 6/11/2025  12/14/2023   2,923    2,573 
 3,373   7305949,4.45%, 6/11/2025  12/14/2023   3,264    3,321 
 20,537   7307497,5.16%, 6/11/2025  12/14/2023   20,091    19,913 
 4,024   7306596,5.16%, 6/11/2025  12/14/2023   3,979    2,729 
 989   7306150,5.76%, 6/11/2025  12/14/2023   980    902 
 2,043   7304476,5.35%, 6/11/2025  12/14/2023   1,988    1,997 
 630   7307813,6.18%, 6/11/2025  12/14/2023   628    583 
 11,088   7306827,5.16%, 6/11/2025  12/14/2023   10,802    10,807 
 6,567   7305184,4.45%, 6/11/2025  12/14/2023   6,377    6,442 
 222   7306199,6.16%, 6/11/2025  12/14/2023   219    218 
 3,886   7304183,5.53%, 6/11/2025  12/14/2023   3,835    3,670 
 23,905   7313872,4.45%, 6/12/2025  12/15/2023   23,215    23,431 
 2,052   7313681,4.45%, 6/12/2025  12/15/2023   1,992    2,014 
 465   7309325,5.34%, 6/12/2025  12/15/2023   429    460 
 3,343   7314183,6.02%, 6/12/2025  12/15/2023   3,309    3,180 
 4,336   7313350,4.97%, 6/12/2025  12/15/2023   4,278    3,187 
 5,755   7310011,5.34%, 6/12/2025  12/15/2023   5,614    5,616 
 2,485   7309905,4.97%, 6/12/2025  12/15/2023   2,431    2,381 
 653   7308776,6.02%, 6/12/2025  12/15/2023   635    642 
 1,775   7313862,4.98%, 6/12/2025  12/15/2023   1,737    1,704 
 801   7308639,5.52%, 6/12/2025  12/15/2023   781    780 
 6,599   7312501,6.17%, 6/12/2025  12/15/2023   6,552    6,314 
 1,322   7308197,5.77%, 6/12/2025  12/15/2023   1,306    1,249 
 1,541   7308159,5.34%, 6/12/2025  12/15/2023   1,489    1,516 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202493

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,485   7309845,4.45%, 6/12/2025  12/15/2023  $6,298   $6,358 
 307   7308722,4.97%, 6/12/2025  12/15/2023   285    306 
 7,955   7309191,4.73%, 6/12/2025  12/15/2023   7,782    7,645 
 1,311   7308750,5.16%, 6/12/2025  12/15/2023   1,283    1,263 
 1,196   7308134,5.92%, 6/12/2025  12/15/2023   1,193    1,141 
 893   7308798,5.92%, 6/12/2025  12/15/2023   893    538 
 110   7308391,5.74%, 6/12/2025  12/15/2023   105    106 
 48,334   7313369,4.45%, 6/12/2025  12/15/2023   47,136    46,675 
 2,492   7308548,4.97%, 6/12/2025  12/15/2023   2,421    2,436 
 3,478   7308331,6.02%, 6/12/2025  12/15/2023   3,453    3,266 
 7,060   7308252,4.73%, 6/12/2025  12/15/2023   6,885    6,870 
 4,609   7308467,4.97%, 6/12/2025  12/15/2023   4,468    4,530 
 2,921   7308494,5.92%, 6/12/2025  12/15/2023   2,918    2,129 
 10,922   7308866,5.77%, 6/12/2025  12/15/2023   10,861    5,605 
 1,030   7308663,5.15%, 6/12/2025  12/15/2023   1,007    999 
 1,367   7313700,5.52%, 6/12/2025  12/15/2023   1,343    1,316 
 3,360   7309079,5.16%, 6/12/2025  12/15/2023   3,262    3,293 
 1,179   7314225,4.97%, 6/12/2025  12/15/2023   1,142    1,158 
 3,413   7308685,5.53%, 6/12/2025  12/15/2023   3,360    3,277 
 1,967   7308427,5.77%, 6/12/2025  12/15/2023   1,947    1,827 
 14,845   7313151,6.01%, 6/12/2025  12/15/2023   14,736    13,583 
 8,308   7308503,5.34%, 6/12/2025  12/15/2023   8,198    7,095 
 15,009   7309368,5.34%, 6/12/2025  12/15/2023   14,657    14,595 
 13,092   7314054,4.45%, 6/12/2025  12/15/2023   12,741    12,790 
 481   7308089,6.01%, 6/12/2025  12/15/2023   472    463 
 39,017   7314240,4.45%, 6/12/2025  12/15/2023   38,005    38,013 
 571   7318051,5.16%, 6/13/2025  12/18/2023   536    565 
 2,666   7316386,5.34%, 6/13/2025  12/18/2023   2,598    2,596 
 5,319   7317652,5.34%, 6/13/2025  12/18/2023   5,165    5,193 
 2,529   7317937,5.15%, 6/13/2025  12/18/2023   2,487    2,366 
 2,695   7315838,5.53%, 6/13/2025  12/18/2023   2,656    2,393 
 413   7315856,5.53%, 6/13/2025  12/18/2023   371    408 
 333   7316360,5.75%, 6/13/2025  12/18/2023   322    323 
 17,201   7316910,5.16%, 6/13/2025  12/18/2023   16,835    16,122 
 2,408   7316420,4.96%, 6/13/2025  12/18/2023   2,374    1,785 
 537   7317764,5.77%, 6/13/2025  12/18/2023   492    529 
 278   7316374,6.16%, 6/13/2025  12/18/2023   268    273 
 8,627   7315677,4.45%, 6/13/2025  12/18/2023   8,302    8,487 
 44,910   7316021,4.73%, 6/13/2025  12/18/2023   43,988    42,226 
 5,809   7316877,4.45%, 6/13/2025  12/18/2023   5,629    5,701 
 9,283   7315378,4.97%, 6/13/2025  12/18/2023   9,022    9,060 
 10,724   7315278,4.45%, 6/13/2025  12/18/2023   10,415    10,444 
 6,857   7315938,5.34%, 6/13/2025  12/18/2023   6,726    6,542 
 6,433   7317570,4.73%, 6/13/2025  12/18/2023   6,207    6,321 

 

See Notes to Financial Statements. 
94(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,687   7317728,5.34%, 6/13/2025  12/18/2023  $1,638   $1,648 
 20,793   7314657,4.45%, 6/13/2025  12/18/2023   20,212    20,321 
 8,133   7318066,4.73%, 6/13/2025  12/18/2023   7,926    7,884 
 30,101   7317050,4.73%, 6/13/2025  12/18/2023   29,074    29,693 
 8,495   7314984,4.45%, 6/13/2025  12/18/2023   8,216    8,336 
 4,175   7315540,5.53%, 6/13/2025  12/18/2023   4,108    4,007 
 2,116   7320681,5.94%, 6/14/2025  12/19/2023   2,111    1,876 
 14,906   7321099,5.18%, 6/14/2025  12/19/2023   14,497    14,513 
 2,248   7320778,5.18%, 6/14/2025  12/19/2023   2,209    2,098 
 2,814   7321395,4.99%, 6/14/2025  12/19/2023   2,717    2,768 
 232   7322611,6.17%, 6/14/2025  12/19/2023   231    223 
 2,577   7320519,5.54%, 6/14/2025  12/19/2023   2,541    2,391 
 3,361   7323038,6.19%, 6/14/2025  12/19/2023   3,336    3,223 
 3,543   7320720,5.36%, 6/14/2025  12/19/2023   3,485    3,322 
 582   7322607,6.19%, 6/14/2025  12/19/2023   577    558 
 10,113   7323151,5.36%, 6/14/2025  12/19/2023   9,753    9,936 
 6,607   7320430,4.47%, 6/14/2025  12/19/2023   6,416    6,464 
 2,402   7321643,4.47%, 6/14/2025  12/19/2023   2,326    2,362 
 5,466   7320933,5.36%, 6/14/2025  12/19/2023   5,293    5,369 
 25,027   7321675,5.18%, 6/14/2025  12/19/2023   24,438    24,058 
 1,098   7324003,5.23%, 6/14/2025  12/19/2023   1,098    926 
 7,354   7324156,4.74%, 6/14/2025  12/19/2023   7,081    7,259 
 2,615   7322621,4.99%, 6/14/2025  12/19/2023   2,543    2,555 
 6,788   7324047,5.36%, 6/14/2025  12/19/2023   6,591    6,620 
 11,493   7323731,5.36%, 6/14/2025  12/19/2023   11,354    9,710 
 13,177   7323643,4.74%, 6/14/2025  12/19/2023   12,891    12,431 
 8,571   7323789,5.36%, 6/14/2025  12/19/2023   8,420    8,064 
 1,646   7324365,5.54%, 6/14/2025  12/19/2023   1,620    1,554 
 1,752   7323023,5.17%, 6/14/2025  12/19/2023   1,709    1,686 
 6,583   7324280,5.36%, 6/14/2025  12/19/2023   6,432    6,421 
 12   7322594,6.04%, 6/14/2025  12/19/2023   8    11 
 69,603   7322110,4.47%, 6/14/2025  12/19/2023   68,147    62,493 
 717   7323420,5.19%, 6/14/2025  12/19/2023   701    690 
 6,253   7320624,6.04%, 6/14/2025  12/19/2023   6,209    5,555 
 54,936   7322746,6.04%, 6/14/2025  12/19/2023   54,681    26,746 
 2,843   7323911,4.47%, 6/14/2025  12/19/2023   2,754    2,796 
 5,087   7320385,4.47%, 6/14/2025  12/19/2023   4,923    5,005 
 3,418   7321495,5.36%, 6/14/2025  12/19/2023   3,340    3,324 
 1,811   7320332,5.55%, 6/14/2025  12/19/2023   1,779    1,676 
 2,571   7325585,4.47%, 6/15/2025  12/20/2023   2,509    2,477 
 14,076   7325885,4.75%, 6/15/2025  12/20/2023   13,853    11,384 
 2,796   7327738,4.47%, 6/15/2025  12/20/2023   2,716    2,731 
 3,014   7327589,5.24%, 6/15/2025  12/20/2023   3,013    1,624 
 2,151   7325516,5.37%, 6/15/2025  12/20/2023   2,118    1,965 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202495

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,251   7327689,5.18%, 6/15/2025  12/20/2023  $4,143   $4,129 
 6,973   7324557,5.18%, 6/15/2025  12/20/2023   6,850    6,517 
 1,975   7325286,5.00%, 6/15/2025  12/20/2023   1,922    1,926 
 4,058   7325162,4.74%, 6/15/2025  12/20/2023   3,984    3,360 
 4,953   7327763,5.54%, 6/15/2025  12/20/2023   4,900    3,939 
 314   7327782,5.53%, 6/15/2025  12/20/2023   306    306 
 20,990   7326079,5.18%, 6/15/2025  12/20/2023   20,330    20,433 
 5,064   7325107,4.75%, 6/15/2025  12/20/2023   4,965    4,743 
 2,137   7324501,4.75%, 6/15/2025  12/20/2023   2,093    2,004 
 615   7325240,4.99%, 6/15/2025  12/20/2023   592    605 
 1,685   7325348,4.75%, 6/15/2025  12/20/2023   1,633    1,651 
 488   7325990,6.18%, 6/15/2025  12/20/2023   484    467 
 4,119   7327494,4.46%, 6/15/2025  12/20/2023   4,011    3,980 
 24,238   7327873,4.47%, 6/15/2025  12/20/2023   23,542    23,680 
 2,307   7327672,5.18%, 6/15/2025  12/20/2023   2,260    2,205 
 1,711   7324664,4.46%, 6/15/2025  12/20/2023   1,653    1,683 
 2,549   7326638,6.03%, 6/15/2025  12/20/2023   2,530    2,271 
 53,233   7326686,4.47%, 6/15/2025  12/20/2023   51,969    51,331 
 2,330   7325724,6.04%, 6/15/2025  12/20/2023   2,318    1,614 
 1,186   7325570,5.36%, 6/15/2025  12/20/2023   1,159    1,132 
 3,343   7327653,4.47%, 6/15/2025  12/20/2023   3,243    3,266 
 2,710   7325419,4.47%, 6/15/2025  12/20/2023   2,628    2,651 
 2,901   7327620,5.36%, 6/15/2025  12/20/2023   2,835    2,816 
 2,658   7327133,4.74%, 6/15/2025  12/20/2023   2,596    2,557 
 803   7327645,5.56%, 6/15/2025  12/20/2023   787    777 
 1,193   7325750,5.36%, 6/15/2025  12/20/2023   1,078    1,176 
 1,666   7328417,4.47%, 6/16/2025  12/21/2023   1,616    1,631 
 775   7328650,5.55%, 6/16/2025  12/21/2023   731    763 
 3,454   7328932,5.54%, 6/16/2025  12/21/2023   3,427    1,948 
 10,060   7328176,4.99%, 6/16/2025  12/21/2023   9,886    7,671 
 1,782   7328959,5.55%, 6/16/2025(e)  12/21/2023   1,768    983 
 416   7328758,6.03%, 6/16/2025  12/21/2023   409    397 
 835   7328436,5.18%, 6/16/2025  12/21/2023   813    803 
 11,802   7328514,4.47%, 6/16/2025  12/21/2023   11,410    11,599 
 3,755   7328797,5.18%, 6/16/2025  12/21/2023   3,621    3,697 
 1,881   7328689,5.79%, 6/16/2025  12/21/2023   1,847    1,806 
 1,305   7328095,5.00%, 6/16/2025  12/21/2023   1,273    1,263 
 1,504   7328765,5.55%, 6/16/2025  12/21/2023   1,441    1,482 
 330   7328969,6.07%, 6/16/2025  12/21/2023   326    316 
 7,763   7328262,5.36%, 6/16/2025  12/21/2023   7,563    7,561 
 1,213   7328474,4.75%, 6/16/2025  12/21/2023   1,179    1,182 
 2,026   7329935,5.79%, 6/17/2025  12/21/2023   1,987    1,948 
 7,939   7330005,4.46%, 6/17/2025  12/21/2023   7,714    7,742 
 1,383   7329701,5.34%, 6/17/2025  12/21/2023   1,367    898 

 

See Notes to Financial Statements. 
96(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,830   7329784,5.79%, 6/17/2025  12/21/2023  $1,800   $1,761 
 535   7329696,5.97%, 6/17/2025  12/21/2023   535    333 
 311   7329984,6.02%, 6/17/2025  12/21/2023   299    305 
 1,892   7329680,5.23%, 6/17/2025  12/21/2023   1,891    1,033 
 3,716   7329185,4.46%, 6/17/2025  12/21/2023   3,619    3,616 
 9,495   7329228,4.74%, 6/17/2025  12/21/2023   9,206    9,287 
 1,368   7329853,5.17%, 6/17/2025  12/21/2023   1,339    1,317 
 3,290   7329871,4.98%, 6/17/2025  12/21/2023   3,218    3,125 
 4,068   7329448,4.74%, 6/17/2025  12/21/2023   3,963    3,940 
 2,358   7329911,4.99%, 6/17/2025  12/21/2023   2,302    2,268 
 356   7329813,5.77%, 6/17/2025  12/21/2023   349    346 
 2,750   7329564,5.93%, 6/17/2025  12/21/2023   2,742    2,545 
 2,369   7329615,4.74%, 6/17/2025  12/21/2023   2,283    2,334 
 1,490   7330772,5.16%, 6/18/2025  12/21/2023   1,454    1,446 
 2,995   7330829,4.45%, 6/18/2025  12/21/2023   2,915    2,917 
 11,605   7330425,4.45%, 6/18/2025  12/21/2023   11,262    11,342 
 10,727   7332903,5.53%, 6/18/2025  12/21/2023   10,476    10,435 
 14,613   7333318,4.45%, 6/18/2025  12/21/2023   14,088    14,388 
 1,133   7334383,5.21%, 6/18/2025  12/21/2023   1,133    965 
 2,649   7334302,5.53%, 6/18/2025  12/21/2023   2,623    2,119 
 18,454   7332361,4.73%, 6/18/2025  12/21/2023   18,069    15,437 
 3,010   7330677,6.01%, 6/18/2025  12/21/2023   2,978    2,783 
 5,629   7334338,4.45%, 6/18/2025  12/21/2023   5,504    5,077 
 7,376   7332511,4.73%, 6/18/2025  12/21/2023   7,200    7,084 
 759   7331144,5.52%, 6/18/2025  12/21/2023   744    716 
 1,759   7330594,6.02%, 6/18/2025  12/21/2023   1,734    1,701 
 5,757   7332871,4.72%, 6/18/2025  12/21/2023   5,644    5,398 
 17,427   7331424,4.45%, 6/18/2025  12/21/2023   16,872    17,087 
 1,698   7331946,5.35%, 6/18/2025  12/21/2023   1,658    1,651 
 1,265   7332212,5.22%, 6/18/2025  12/21/2023   1,260    1,003 
 3,333   7332226,4.45%, 6/18/2025  12/21/2023   3,244    3,244 
 3,129   7332698,4.45%, 6/18/2025  12/21/2023   3,029    3,069 
 2,038   7332285,5.34%, 6/18/2025  12/21/2023   2,016    1,269 
 5,148   7332126,5.52%, 6/18/2025  12/21/2023   5,080    4,606 
 6,178   7330912,6.01%, 6/18/2025  12/21/2023   6,144    4,331 
 309   7332305,5.99%, 6/18/2025  12/21/2023   304    291 
 1,794   7331927,5.16%, 6/18/2025  12/21/2023   1,751    1,729 
 15,673   7333883,4.45%, 6/18/2025  12/21/2023   15,243    15,273 
 4,412   7332606,4.97%, 6/18/2025  12/21/2023   4,264    4,327 
 3,087   7333826,5.77%, 6/18/2025  12/21/2023   3,047    2,926 
 3,351   7332257,5.33%, 6/18/2025  12/21/2023   3,287    2,836 
 4,231   7332093,5.77%, 6/18/2025(e)  12/21/2023   4,200    3,225 
 3,406   7332578,5.53%, 6/18/2025  12/21/2023   3,358    3,169 
 4,970   7334813,6.02%, 6/19/2025  12/22/2023   4,851    4,810 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202497

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,241   7335895,5.76%, 6/19/2025  12/22/2023  $1,226   $1,147 
 1,397   7335709,5.34%, 6/19/2025  12/22/2023   1,378    1,195 
 2,825   7335778,5.52%, 6/19/2025  12/22/2023   2,802    1,619 
 49,939   7337248,4.45%, 6/19/2025  12/22/2023   48,531    48,753 
 5,197   7336432,4.73%, 6/19/2025  12/22/2023   5,038    5,082 
 1,500   7336467,5.35%, 6/19/2025  12/22/2023   1,473    1,428 
 6,354   7338097,4.97%, 6/19/2025  12/22/2023   6,203    6,116 
 2,453   7334491,4.45%, 6/19/2025  12/22/2023   2,380    2,396 
 24,308   7335219,4.73%, 6/19/2025  12/22/2023   23,834    20,327 
 2,272   7336207,5.22%, 6/19/2025  12/22/2023   2,270    1,717 
 4,410   7336553,5.16%, 6/19/2025  12/22/2023   4,324    4,140 
 37,049   7335912,5.77%, 6/19/2025  12/22/2023   36,788    20,201 
 13,303   7334519,5.53%, 6/19/2025  12/22/2023   13,127    8,268 
 17,832   7336097,6.17%, 6/19/2025  12/22/2023   17,763    14,419 
 3,844   7334926,6.17%, 6/19/2025  12/22/2023   3,805    3,721 
 6,620   7335714,6.02%, 6/19/2025  12/22/2023   6,576    5,550 
 121   7335903,6.20%, 6/19/2025  12/22/2023   119    119 
 7,938   7336723,4.45%, 6/19/2025  12/22/2023   7,715    7,731 
 15,111   7336910,4.73%, 6/19/2025  12/22/2023   14,263    14,966 
 1,467   7337211,5.78%, 6/19/2025  12/22/2023   1,452    1,253 
 1,207   7337227,4.73%, 6/19/2025  12/22/2023   1,165    1,186 
 5,691   7338044,5.22%, 6/19/2025(e)  12/22/2023   5,688    3,895 
 1,023   7337207,5.76%, 6/19/2025  12/22/2023   1,011    944 
 42,281   7336583,4.45%, 6/19/2025  12/22/2023   41,453    37,504 
 1,573   7336218,5.34%, 6/19/2025  12/22/2023   1,548    1,448 
 504   7335811,5.52%, 6/19/2025  12/22/2023   488    495 
 4,432   7334673,4.45%, 6/19/2025  12/22/2023   4,319    4,266 
 10,047   7336495,4.97%, 6/19/2025  12/22/2023   9,816    9,545 
 2,555   7335502,4.45%, 6/19/2025  12/22/2023   2,461    2,518 
 11,671   7335080,4.45%, 6/19/2025  12/22/2023   11,431    10,356 
 4,396   7334757,5.77%, 6/19/2025  12/22/2023   4,354    3,782 
 4,236   7336780,4.97%, 6/19/2025  12/22/2023   4,158    3,888 
 2,125   7336760,5.16%, 6/19/2025  12/22/2023   2,078    1,895 
 838   7334485,5.77%, 6/19/2025  12/22/2023   832    642 
 3,516   7337127,5.93%, 6/19/2025  12/22/2023   3,511    2,165 
 3,689   7337102,4.97%, 6/19/2025  12/22/2023   3,597    3,566 
 1,649   7336079,4.73%, 6/19/2025  12/22/2023   1,601    1,604 
 3,730   7334717,5.53%, 6/19/2025  12/22/2023   3,680    3,342 
 20,549   7336223,4.45%, 6/19/2025  12/22/2023   19,988    20,001 
 19,027   7336804,5.16%, 6/19/2025  12/22/2023   18,570    18,347 
 1,397   7339410,5.34%, 6/20/2025  12/26/2023   1,364    1,351 
 4,625   7339696,4.45%, 6/20/2025  12/26/2023   4,480    4,534 
 4,432   7339961,5.15%, 6/20/2025  12/26/2023   4,348    4,156 
 4,799   7340091,4.73%, 6/20/2025  12/26/2023   4,588    4,670 

 

See Notes to Financial Statements. 
98(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$420   7341194,4.56%, 6/20/2025  12/26/2023  $417   $257 
 1,292   7340108,6.01%, 6/20/2025  12/26/2023   1,282    1,093 
 4,288   7340080,5.76%, 6/20/2025(e)  12/26/2023   4,264    879 
 2,632   7338719,5.53%, 6/20/2025  12/26/2023   2,606    1,626 
 3,802   7339530,5.16%, 6/20/2025  12/26/2023   3,743    2,739 
 820   7340962,5.99%, 6/20/2025  12/26/2023   805    575 
 1,667   7339182,5.77%, 6/20/2025  12/26/2023   1,644    1,561 
 558   7339685,4.55%, 6/20/2025  12/26/2023   550    528 
 29,420   7340364,4.73%, 6/20/2025  12/26/2023   28,634    28,206 
 1,141   7339679,6.03%, 6/20/2025  12/26/2023   1,135    795 
 3,700   7338673,4.73%, 6/20/2025  12/26/2023   3,592    3,606 
 4,104   7339930,5.34%, 6/20/2025  12/26/2023   4,031    3,860 
 2,947   7338601,4.73%, 6/20/2025  12/26/2023   2,802    2,917 
 5,590   7339266,5.93%, 6/20/2025  12/26/2023   5,574    5,015 
 38,754   7340144,4.97%, 6/20/2025  12/26/2023   37,636    37,463 
 12,887   7340118,5.16%, 6/20/2025(e)  12/26/2023   12,759    4,182 
 752   7339568,5.14%, 6/20/2025  12/26/2023   733    730 
 5,129   7339205,4.45%, 6/20/2025  12/26/2023   4,934    5,052 
 766   7338736,6.03%, 6/20/2025  12/26/2023   749    721 
 14,268   7338745,4.73%, 6/20/2025  12/26/2023   13,860    13,882 
 1,037   7339252,4.98%, 6/20/2025  12/26/2023   980    1,026 
 21,490   7340665,4.45%, 6/20/2025  12/26/2023   20,927    20,742 
 14,201   7339983,5.34%, 6/20/2025  12/26/2023   13,949    13,052 
 789   7340139,6.02%, 6/20/2025  12/26/2023   780    667 
 5,650   7338398,4.73%, 6/20/2025  12/26/2023   5,480    5,503 
 24,325   7340480,5.52%, 6/20/2025  12/26/2023   23,747    23,442 
 17,161   7340737,5.16%, 6/20/2025  12/26/2023   16,361    16,902 
 3,914   7345120,5.00%, 6/21/2025  12/27/2023   3,776    3,848 
 17,310   7345632,4.47%, 6/21/2025  12/27/2023   16,876    15,732 
 503   7345869,5.01%, 6/21/2025  12/27/2023   468    499 
 1,845   7346042,4.75%, 6/21/2025  12/27/2023   1,786    1,806 
 3,763   7346300,6.20%, 6/21/2025  12/27/2023   3,746    2,514 
 312   7346419,4.57%, 6/21/2025  12/27/2023   312    266 
 13,275   7346341,5.19%, 6/21/2025  12/27/2023   12,922    12,879 
 1,878   7345980,5.37%, 6/21/2025  12/27/2023   1,830    1,817 
 1,204   7346634,4.74%, 6/21/2025  12/27/2023   1,172    1,167 
 3,000   7347623,5.56%, 6/21/2025  12/27/2023   2,967    1,854 
 725   7347706,5.25%, 6/21/2025  12/27/2023   725    507 
 3,619   7347772,4.75%, 6/21/2025  12/27/2023   3,535    3,395 
 1,003   7345586,6.20%, 6/21/2025  12/27/2023   997    903 
 6,051   7345040,4.76%, 6/21/2025  12/27/2023   5,920    5,687 
 1,919   7344699,5.56%, 6/21/2025  12/27/2023   1,875    1,856 
 6,435   7346851,4.75%, 6/21/2025  12/27/2023   6,296    6,044 
 9,484   7344617,5.00%, 6/21/2025  12/27/2023   9,234    9,141 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 202499

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,704   7345714,5.37%, 6/21/2025  12/27/2023  $1,668   $1,628 
 3,456   7345964,5.37%, 6/21/2025  12/27/2023   3,393    3,199 
 3,028   7345986,5.00%, 6/21/2025  12/27/2023   2,940    2,953 
 65,190   7347287,4.48%, 6/21/2025  12/27/2023   63,740    58,673 
 1,413   7346641,5.19%, 6/21/2025  12/27/2023   1,367    1,377 
 1,484   7344595,5.55%, 6/21/2025  12/27/2023   1,459    1,379 
 1,535   7347695,6.03%, 6/21/2025  12/27/2023   1,526    772 
 13,279   7347148,5.19%, 6/21/2025  12/27/2023   13,096    9,234 
 2,074   7347272,5.38%, 6/21/2025  12/27/2023   2,029    1,951 
 3,839   7347230,5.80%, 6/21/2025  12/27/2023   3,783    3,588 
 1,353   7345186,5.81%, 6/21/2025  12/27/2023   1,341    760 
 3,631   7344894,4.47%, 6/21/2025  12/27/2023   3,500    3,571 
 2,617   7345602,4.47%, 6/21/2025  12/27/2023   2,527    2,575 
 7,198   7346985,4.75%, 6/21/2025  12/27/2023   7,001    6,990 
 13,520   7344748,5.19%, 6/21/2025  12/27/2023   13,328    9,343 
 1,828   7346680,5.55%, 6/21/2025  12/27/2023   1,793    1,732 
 506   7346430,6.05%, 6/21/2025  12/27/2023   498    472 
 1,388   7346332,4.76%, 6/21/2025  12/27/2023   1,339    1,363 
 8,135   7345792,5.37%, 6/21/2025  12/27/2023   8,045    4,979 
 1,215   7345582,5.81%, 6/21/2025  12/27/2023   1,203    943 
 1,291   7345013,4.48%, 6/21/2025  12/27/2023   1,246    1,269 
 1,801   7344600,5.00%, 6/21/2025  12/27/2023   1,761    1,666 
 606   7346450,4.76%, 6/21/2025  12/27/2023   597    493 
 632   7344547,5.83%, 6/21/2025  12/27/2023   625    547 
 7,999   7344822,5.37%, 6/21/2025  12/27/2023   7,866    6,914 
 860   7345827,6.20%, 6/21/2025  12/27/2023   840    836 
 6,262   7346201,5.37%, 6/21/2025  12/27/2023   6,081    6,089 
 14,888   7346065,4.47%, 6/21/2025  12/27/2023   14,421    14,597 
 9,169   7345888,5.19%, 6/21/2025  12/27/2023   9,026    6,588 
 2,782   7345730,6.20%, 6/21/2025  12/27/2023   2,731    2,703 
 3,529   7345098,4.47%, 6/21/2025  12/27/2023   3,429    3,436 
 4,152   7345548,4.48%, 6/21/2025  12/27/2023   4,038    4,010 
 9,792   7346698,4.75%, 6/21/2025  12/27/2023   9,550    9,407 
 1,813   7344944,5.56%, 6/21/2025  12/27/2023   1,733    1,779 
 5,395   7344564,4.47%, 6/21/2025  12/27/2023   5,233    5,251 
 6,443   7344723,5.37%, 6/21/2025(e)  12/27/2023   6,381    2,879 
 1,318   7344929,4.74%, 6/21/2025  12/27/2023   1,282    1,277 
 296   7345001,5.18%, 6/21/2025  12/27/2023   278    293 
 7,658   7345190,5.00%, 6/21/2025  12/27/2023   7,398    7,520 
 1,006   7347591,5.00%, 6/21/2025  12/27/2023   976    974 
 2,404   7348605,5.80%, 6/22/2025  12/28/2023   2,358    2,290 
 13,095   7348365,4.75%, 6/22/2025  12/28/2023   12,867    10,540 
 4,562   7349482,4.47%, 6/22/2025  12/28/2023   4,426    4,447 
 13,503   7350411,5.00%, 6/22/2025  12/28/2023   13,223    12,457 

 

See Notes to Financial Statements. 
100(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,213   7351058,5.00%, 6/22/2025  12/28/2023  $1,148   $1,198 
 1,316   7351005,4.75%, 6/22/2025  12/28/2023   1,281    1,276 
 2,486   7348860,6.22%, 6/22/2025(e)  12/28/2023   2,478    599 
 3,701   7348790,5.01%, 6/22/2025  12/28/2023   3,612    3,563 
 1,358   7348563,5.80%, 6/22/2025  12/28/2023   1,324    1,310 
 1,556   7348594,4.99%, 6/22/2025  12/28/2023   1,506    1,518 
 5,331   7349421,5.00%, 6/22/2025(e)  12/28/2023   5,261    3,221 
 1,648   7348225,5.80%, 6/22/2025  12/28/2023   1,590    1,612 
 5,781   7348704,5.00%, 6/22/2025  12/28/2023   5,577    5,673 
 5,086   7350150,5.37%, 6/22/2025  12/28/2023   5,021    3,317 
 3,164   7351081,5.96%, 6/22/2025  12/28/2023   3,148    2,968 
 4,854   7351476,4.47%, 6/22/2025  12/28/2023   4,724    4,686 
 3,246   7349035,5.38%, 6/22/2025  12/28/2023   3,207    2,071 
 5,463   7348251,5.55%, 6/22/2025  12/28/2023   5,353    5,178 
 5,841   7348862,4.48%, 6/22/2025  12/28/2023   5,693    5,303 
 17,949   7349625,4.75%, 6/22/2025  12/28/2023   17,221    17,698 
 41,967   7351266,5.56%, 6/22/2025(e)  12/28/2023   41,612    19,320 
 2,054   7349181,5.19%, 6/22/2025  12/28/2023   2,000    1,986 
 3,154   7348629,5.00%, 6/22/2025  12/28/2023   3,022    3,111 
 787   7348599,6.06%, 6/22/2025  12/28/2023   776    752 
 5,299   7348281,4.76%, 6/22/2025  12/28/2023   5,127    5,188 
 4,217   7350105,5.25%, 6/22/2025  12/28/2023   4,213    2,955 
 2,967   7351141,5.00%, 6/22/2025  12/28/2023   2,893    2,816 
 464   7351120,5.96%, 6/22/2025  12/28/2023   463    396 
 486   7350915,6.19%, 6/22/2025  12/28/2023   482    456 
 40,390   7350508,4.47%, 6/22/2025  12/28/2023   39,166    39,466 
 6,928   7348965,5.19%, 6/22/2025  12/28/2023   6,694    6,750 
 9,534   7349232,4.48%, 6/22/2025  12/28/2023   9,356    8,279 
 2,047   7348692,6.20%, 6/22/2025  12/28/2023   2,035    1,782 
 10,523   7349069,5.00%, 6/22/2025  12/28/2023   10,282    9,988 
 847   7349980,6.20%, 6/22/2025  12/28/2023   801    831 
 4,753   7351126,5.19%, 6/22/2025  12/28/2023   4,680    3,409 
 1,162   7351543,5.36%, 6/22/2025  12/28/2023   1,140    988 
 3,784   7349311,4.47%, 6/22/2025  12/28/2023   3,662    3,708 
 1,185   7350866,5.55%, 6/22/2025  12/28/2023   1,145    1,163 
 3,943   7351209,6.21%, 6/22/2025  12/28/2023   3,920    3,198 
 6,985   7348181,4.48%, 6/22/2025  12/28/2023   6,801    6,741 
 1,140   7348820,6.19%, 6/22/2025  12/28/2023   1,135    771 
 2,130   7352214,5.01%, 6/23/2025  12/29/2023   2,072    2,062 
 23,557   7352370,5.56%, 6/23/2025  12/29/2023   23,218    21,075 
 1,319   7351750,5.56%, 6/23/2025  12/29/2023   1,287    1,273 
 918   7352121,5.25%, 6/23/2025  12/29/2023   914    899 
 1,331   7351697,5.56%, 6/23/2025  12/29/2023   1,299    1,287 
 1,132   7351563,4.76%, 6/23/2025  12/29/2023   1,099    1,102 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024101

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,159   7351578,4.47%, 6/23/2025  12/29/2023  $9,733   $10,020 
 873   7352047,4.75%, 6/23/2025  12/29/2023   840    859 
 4,291   7352498,4.75%, 6/23/2025  12/29/2023   4,187    4,053 
 1,533   7351707,5.37%, 6/23/2025  12/29/2023   1,492    1,493 
 1,974   7352179,5.00%, 6/23/2025  12/29/2023   1,909    1,927 
 3,590   7351772,4.76%, 6/23/2025  12/29/2023   3,485    3,483 
 4,230   7352058,4.75%, 6/23/2025  12/29/2023   4,105    4,123 
 9,024   7352141,5.37%, 6/23/2025  12/29/2023   8,852    8,307 
 330   7352539,5.57%, 6/23/2025  12/29/2023   319    323 
 1,354   7351764,5.55%, 6/23/2025  12/29/2023   1,328    1,279 
 904   7351990,5.38%, 6/23/2025  12/29/2023   875    881 
 5,093   7351856,5.37%, 6/23/2025  12/29/2023   4,901    4,996 
 2,234   7352554,5.56%, 6/23/2025  12/29/2023   2,199    2,071 
 4,785   7352330,4.48%, 6/23/2025  12/29/2023   4,585    4,724 
 4,718   7351660,5.00%, 6/23/2025  12/29/2023   4,582    4,571 
 1,618   7352470,5.56%, 6/23/2025  12/29/2023   1,545    1,583 
 5,461   7351794,4.75%, 6/23/2025  12/29/2023   5,311    5,246 
 2,598   7351726,4.75%, 6/23/2025  12/29/2023   2,500    2,552 
 3,007   7352542,5.00%, 6/23/2025  12/29/2023   2,947    2,765 
 432   7352583,4.56%, 6/24/2025  12/29/2023   431    389 
 3,354   7352620,5.18%, 6/24/2025  12/29/2023   3,282    3,144 
 1,396   7352994,6.03%, 6/24/2025  12/29/2023   1,384    1,005 
 13,120   7353215,4.47%, 6/24/2025  12/29/2023   12,841    11,718 
 960   7353083,5.53%, 6/24/2025  12/29/2023   949    611 
 1,313   7352932,4.74%, 6/24/2025  12/29/2023   1,272    1,278 
 11,772   7352761,4.99%, 6/24/2025  12/29/2023   11,580    8,866 
 12,473   7352800,5.36%, 6/24/2025  12/29/2023   12,308    8,187 
 8,304   7352599,6.04%, 6/24/2025  12/29/2023   8,247    5,924 
 595   7352862,5.55%, 6/24/2025  12/29/2023   579    572 
 1,397   7352571,5.55%, 6/24/2025  12/29/2023   1,374    1,256 
 2,376   7353086,4.47%, 6/24/2025  12/29/2023   2,309    2,310 
 3,434   7353019,4.99%, 6/24/2025  12/29/2023   3,362    3,173 
 1,061   7353128,5.56%, 6/24/2025  12/29/2023   1,051    632 
 7,197   7352947,4.47%, 6/24/2025  12/29/2023   7,010    6,929 
 152   7353014,4.54%, 6/24/2025  12/29/2023   151    147 
 14,638   7352875,5.17%, 6/24/2025  12/29/2023   14,415    10,488 
 1,204   7352727,4.46%, 6/24/2025  12/29/2023   1,175    1,083 
 3,422   7353095,5.95%, 6/24/2025  12/29/2023   3,411    3,075 
 244   7353012,6.05%, 6/24/2025  12/29/2023   237    237 
 12,645   7352666,4.99%, 6/24/2025  12/29/2023   12,371    11,682 
 991   7353299,6.17%, 6/24/2025  12/29/2023   984    869 
 891   7353184,5.54%, 6/24/2025  12/29/2023   853    875 
 11,549   7353311,5.79%, 6/24/2025  12/29/2023   11,340    10,985 
 6,448   7352636,4.99%, 6/24/2025  12/29/2023   6,262    6,234 

 

See Notes to Financial Statements. 
102(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$12,541   7353133,5.79%, 6/24/2025(e)  12/29/2023  $12,446   $6,051 
 954   7353270,5.53%, 6/24/2025  12/29/2023   933    921 
 650   7353757,5.77%, 6/25/2025  12/29/2023   636    630 
 6,911   7353870,5.53%, 6/25/2025  12/29/2023   6,776    6,553 
 2,413   7353703,5.35%, 6/25/2025  12/29/2023   2,364    2,271 
 8,856   7353799,4.46%, 6/25/2025  12/29/2023   8,531    8,721 
 7,328   7353664,5.17%, 6/25/2025  12/29/2023   7,219    5,241 
 1,111   7353787,6.03%, 6/25/2025  12/29/2023   1,096    1,044 
 4,731   7353424,6.18%, 6/25/2025  12/29/2023   4,715    1,738 
 5,306   7353513,4.46%, 6/25/2025  12/29/2023   5,160    5,117 
 3,108   7353742,5.35%, 6/25/2025  12/29/2023   3,031    2,970 
 451   7353678,4.56%, 6/25/2025  12/29/2023   451    336 
 3,804   7353854,4.45%, 6/25/2025  12/29/2023   3,705    3,445 
 560   7353798,4.51%, 6/25/2025  12/29/2023   560    171 
 3,114   7353600,5.16%, 6/25/2025  12/29/2023   3,072    2,123 
 7,252   7353564,4.46%, 6/25/2025  12/29/2023   7,023    7,101 
 16,901   7353437,4.46%, 6/25/2025  12/29/2023   16,525    15,192 
 26,733   7353606,4.46%, 6/25/2025  12/29/2023   25,871    26,194 
 1,332   7353413,5.34%, 6/25/2025  12/29/2023   1,302    1,273 
 1,746   7353545,6.19%, 6/25/2025  12/29/2023   1,740    641 
 1,156   7353954,5.00%, 6/25/2025  12/29/2023   1,131    1,072 
 2,680   7353662,4.98%, 6/25/2025(e)  12/29/2023   2,648    990 
 1,820   7353716,4.99%, 6/25/2025  12/29/2023   1,759    1,785 
 9,651   7353679,5.17%, 6/25/2025  12/29/2023   9,506    6,520 
 3,730   7353550,4.73%, 6/25/2025  12/29/2023   3,650    3,131 
 4,675   7359994,5.34%, 6/27/2025  1/2/2024   4,553    4,467 
 1,252   7360035,4.98%, 6/27/2025  1/2/2024   1,212    1,229 
 14,119   7360734,4.45%, 6/27/2025  1/2/2024   13,766    12,817 
 4,724   7360042,4.73%, 6/27/2025  1/2/2024   4,457    4,668 
 1,578   7359101,5.23%, 6/27/2025  1/2/2024   1,575    1,373 
 9,935   7358774,4.45%, 6/27/2025  1/2/2024   9,634    9,669 
 2,695   7360225,4.73%, 6/27/2025  1/2/2024   2,615    2,614 
 3,442   7359807,5.16%, 6/27/2025  1/2/2024   3,336    3,336 
 4,393   7359765,5.77%, 6/27/2025  1/2/2024   4,333    3,803 
 6,511   7358732,5.53%, 6/27/2025  1/2/2024   6,440    4,037 
 899   7359617,5.17%, 6/27/2025  1/2/2024   852    886 
 27,152   7360794,4.97%, 6/27/2025  1/2/2024   26,409    26,130 
 2,802   7359900,4.98%, 6/27/2025  1/2/2024   2,730    2,658 
 8,771   7360071,5.52%, 6/27/2025  1/2/2024   8,566    8,439 
 1,563   7360237,5.33%, 6/27/2025  1/2/2024   1,532    1,445 
 715   7360317,5.34%, 6/27/2025  1/2/2024   671    702 
 1,085   7359567,5.33%, 6/27/2025  1/2/2024   1,068    937 
 1,195   7360920,4.45%, 6/27/2025  1/2/2024   1,112    1,185 
 6,276   7361061,4.97%, 6/27/2025  1/2/2024   6,063    6,150 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024103

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$20,901   7359295,5.34%, 6/27/2025  1/2/2024  $20,537   $18,170 
 6,511   7358997,4.45%, 6/27/2025  1/2/2024   6,247    6,416 
 1,738   7358709,4.45%, 6/27/2025  1/2/2024   1,677    1,708 
 873   7360424,4.73%, 6/27/2025  1/2/2024   838    854 
 4,760   7360953,6.02%, 6/27/2025  1/2/2024   4,690    4,559 
 9,152   7360322,5.52%, 6/27/2025  1/2/2024   9,007    8,265 
 6,319   7360491,4.45%, 6/27/2025  1/2/2024   6,111    6,195 
 7,094   7359635,5.53%, 6/27/2025  1/2/2024   7,001    5,777 
 3,527   7359863,4.97%, 6/27/2025  1/2/2024   3,434    3,347 
 7,139   7361016,4.45%, 6/27/2025  1/2/2024   6,943    6,880 
 7,719   7360679,4.73%, 6/27/2025  1/2/2024   7,544    6,517 
 20,969   7360239,4.97%, 6/27/2025  1/2/2024   20,224    20,467 
 18,979   7360105,4.45%, 6/27/2025  1/2/2024   18,160    18,728 
 1,900   7358847,4.98%, 6/27/2025  1/2/2024   1,852    1,806 
 1,107   7360773,4.98%, 6/27/2025  1/2/2024   1,070    1,078 
 1,568   7358863,5.22%, 6/27/2025  1/2/2024   1,553    1,482 
 1,001   7360218,5.34%, 6/27/2025  1/2/2024   968    978 
 1,951   7360670,4.45%, 6/27/2025  1/2/2024   1,900    1,882 
 12,690   7360530,5.77%, 6/27/2025  1/2/2024   12,323    12,308 
 4,838   7359661,5.53%, 6/27/2025  1/2/2024   4,699    4,633 
 6,224   7359207,4.73%, 6/27/2025  1/2/2024   6,045    6,061 
 7,594   7359573,5.34%, 6/27/2025  1/2/2024   7,442    7,025 
 8,389   7360187,4.45%, 6/27/2025  1/2/2024   8,138    8,159 
 2,741   7361141,5.16%, 6/27/2025  1/2/2024   2,641    2,674 
 298   7359204,5.26%, 6/27/2025  1/2/2024   298    268 
 13,109   7364429,5.37%, 6/28/2025  1/3/2024   12,841    12,072 
 10,686   7366853,5.18%, 6/28/2025  1/3/2024   10,472    9,567 
 17,274   7366463,4.75%, 6/28/2025  1/3/2024   16,957    14,176 
 2,095   7366823,5.19%, 6/28/2025  1/3/2024   2,019    2,042 
 2,010   7366710,5.00%, 6/28/2025  1/3/2024   1,954    1,935 
 11,700   7365327,4.48%, 6/28/2025  1/3/2024   11,347    11,400 
 849   7364650,5.23%, 6/28/2025  1/3/2024   848    499 
 14,560   7365483,4.75%, 6/28/2025  1/3/2024   14,010    14,287 
 33,960   7366100,4.47%, 6/28/2025  1/3/2024   32,888    33,198 
 2,693   7367376,4.76%, 6/28/2025  1/3/2024   2,614    2,617 
 2,434   7364046,5.19%, 6/28/2025  1/3/2024   2,333    2,373 
 2,941   7366719,4.48%, 6/28/2025  1/3/2024   2,848    2,866 
 3,360   7367248,5.38%, 6/28/2025  1/3/2024   3,301    2,917 
 1,352   7363989,5.56%, 6/28/2025  1/3/2024   1,313    1,302 
 5,852   7366397,5.80%, 6/28/2025  1/3/2024   5,766    5,399 
 5,349   7367338,5.37%, 6/28/2025  1/3/2024   5,252    4,615 
 52,743   7364079,4.48%, 6/28/2025  1/3/2024   51,626    46,547 
 11,999   7366568,4.75%, 6/28/2025  1/3/2024   11,659    11,531 
 20,449   7364660,5.37%, 6/28/2025  1/3/2024   20,042    18,927 

 

See Notes to Financial Statements. 
104(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,359   7364402,5.00%, 6/28/2025  1/3/2024  $3,232   $3,298 
 701   7366330,6.04%, 6/28/2025  1/3/2024   677    685 
 703   7367337,5.95%, 6/28/2025  1/3/2024   701    459 
 5,628   7367277,5.19%, 6/28/2025  1/3/2024   5,479    5,356 
 14   7366451,5.27%, 6/28/2025  1/3/2024   14    13 
 38,831   7364940,4.48%, 6/28/2025  1/3/2024   37,216    38,284 
 3,394   7366362,5.18%, 6/28/2025  1/3/2024   3,343    2,379 
 3,190   7366771,6.20%, 6/28/2025  1/3/2024   3,170    2,202 
 40,310   7366953,4.48%, 6/28/2025  1/3/2024   39,293    36,541 
 806   7364641,5.01%, 6/28/2025  1/3/2024   781    781 
 1,904   7368617,5.19%, 6/29/2025  1/4/2024   1,847    1,846 
 2,158   7369993,4.47%, 6/29/2025  1/4/2024   2,085    2,105 
 704   7368117,4.58%, 6/29/2025  1/4/2024   704    596 
 19,026   7369306,4.75%, 6/29/2025  1/4/2024   18,389    18,599 
 1,133   7369842,5.37%, 6/29/2025  1/4/2024   1,112    986 
 4,393   7368542,5.01%, 6/29/2025  1/4/2024   4,316    3,307 
 5,598   7370301,4.47%, 6/29/2025  1/4/2024   5,405    5,488 
 486   7368843,6.08%, 6/29/2025  1/4/2024   479    450 
 11,196   7369629,4.75%, 6/29/2025  1/4/2024   10,732    11,029 
 7,855   7367498,4.75%, 6/29/2025  1/4/2024   7,630    7,543 
 5,311   7368758,5.00%, 6/29/2025  1/4/2024   5,157    5,120 
 10,722   7367548,5.00%, 6/29/2025  1/4/2024   10,389    10,378 
 6,253   7367811,4.48%, 6/29/2025  1/4/2024   5,992    6,170 
 1,774   7367796,5.24%, 6/29/2025  1/4/2024   1,772    582 
 16,384   7369034,5.56%, 6/29/2025  1/4/2024   16,097    14,733 
 881   7370151,6.04%, 6/29/2025  1/4/2024   869    820 
 4,360   7369854,4.48%, 6/29/2025  1/4/2024   4,221    4,248 
 2,568   7368569,4.47%, 6/29/2025  1/4/2024   2,479    2,521 
 945   7369889,5.55%, 6/29/2025  1/4/2024   923    912 
 2,039   7369598,4.76%, 6/29/2025  1/4/2024   1,991    1,920 
 1,575   7368961,4.57%, 6/29/2025  1/4/2024   1,575    820 
 1,532   7370212,5.96%, 6/29/2025  1/4/2024   1,499    1,496 
 5,673   7367740,4.48%, 6/29/2025  1/4/2024   5,481    5,560 
 6,378   7370051,5.80%, 6/29/2025  1/4/2024   6,295    5,548 
 6,144   7369911,5.00%, 6/29/2025  1/4/2024   6,010    5,665 
 2,985   7368295,5.19%, 6/29/2025  1/4/2024   2,848    2,937 
 3,712   7368244,5.00%, 6/29/2025  1/4/2024   3,577    3,639 
 9,230   7368400,5.37%, 6/29/2025  1/4/2024   8,971    8,890 
 1,233   7368600,5.00%, 6/29/2025  1/4/2024   1,191    1,204 
 1,513   7369975,5.00%, 6/29/2025  1/4/2024   1,458    1,485 
 4,002   7368850,5.00%, 6/29/2025  1/4/2024   3,779    3,951 
 5,687   7368127,6.20%, 6/29/2025  1/4/2024   5,648    4,642 
 9,347   7367931,5.00%, 6/29/2025  1/4/2024   8,912    9,221 
 970   7367905,5.18%, 6/29/2025  1/4/2024   950    874 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024105

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,879   7369273,4.47%, 6/29/2025  1/4/2024  $2,766   $2,838 
 8,927   7370560,5.19%, 6/30/2025  1/5/2024   8,689    8,617 
 3,695   7370774,5.38%, 6/30/2025  1/5/2024   3,638    2,426 
 18,217   7371101,5.37%, 6/30/2025  1/5/2024   17,934    12,341 
 13,937   7370960,5.56%, 6/30/2025  1/5/2024   13,714    11,494 
 927   7371693,5.79%, 6/30/2025  1/5/2024   916    810 
 1,332   7371070,5.79%, 6/30/2025  1/5/2024   1,314    1,163 
 2,957   7371030,5.00%, 6/30/2025  1/5/2024   2,823    2,913 
 16,253   7371326,5.00%, 6/30/2025  1/5/2024   15,678    15,863 
 349   7370528,4.56%, 6/30/2025  1/5/2024   348    297 
 888   7370815,5.55%, 6/30/2025  1/5/2024   865    855 
 5,086   7370791,4.47%, 6/30/2025  1/5/2024   4,910    4,981 
 968   7370749,4.47%, 6/30/2025  1/5/2024   941    933 
 2,527   7370936,4.48%, 6/30/2025  1/5/2024   2,416    2,494 
 1,490   7371059,5.18%, 6/30/2025  1/5/2024   1,421    1,466 
 4,328   7371462,4.47%, 6/30/2025  1/5/2024   4,188    4,229 
 20,186   7370372,5.19%, 6/30/2025  1/5/2024   19,694    18,955 
 1,134   7371182,5.19%, 6/30/2025  1/5/2024   1,099    1,099 
 223   7370933,5.34%, 6/30/2025  1/5/2024   215    219 
 2,472   7370854,4.75%, 6/30/2025  1/5/2024   2,401    2,373 
 3,586   7370691,5.37%, 6/30/2025  1/5/2024   3,501    3,386 
 10,401   7370488,5.19%, 6/30/2025  1/5/2024   10,152    9,737 
 16,925   7371545,4.75%, 6/30/2025  1/5/2024   16,283    16,545 
 5,501   7370871,5.38%, 6/30/2025  1/5/2024   5,423    3,625 
 5,408   7370662,4.48%, 6/30/2025  1/5/2024   5,220    5,302 
 3,128   7370540,4.47%, 6/30/2025  1/5/2024   3,024    3,058 
 2,493   7370531,4.75%, 6/30/2025  1/5/2024   2,431    2,351 
 5,859   7370717,5.00%, 6/30/2025  1/5/2024   5,658    5,717 
 1,527   7371076,5.55%, 6/30/2025  1/5/2024   1,469    1,496 
 1,683   7371529,5.25%, 6/30/2025  1/5/2024   1,679    1,476 
 976   7370842,5.56%, 6/30/2025  1/5/2024   937    958 
 2,098   7371699,4.48%, 6/30/2025  1/5/2024   2,025    2,055 
 1,089   7372524,5.17%, 7/1/2025  1/5/2024   1,045    1,064 
 2,878   7371830,5.18%, 7/1/2025  1/5/2024   2,785    2,804 
 11,965   7372539,5.36%, 7/1/2025  1/5/2024   11,678    11,270 
 1,122   7372191,4.56%, 7/1/2025  1/5/2024   1,120    1,039 
 3,514   7371934,5.35%, 7/1/2025  1/5/2024   3,459    2,391 
 13,711   7372254,5.36%, 7/1/2025  1/5/2024   13,484    9,418 
 20,837   7372396,4.47%, 7/1/2025  1/5/2024   20,212    20,137 
 2,014   7372338,5.55%, 7/1/2025  1/5/2024   1,995    1,106 
 434   7372328,5.18%, 7/1/2025  1/5/2024   416    425 
 1,738   7371909,5.55%, 7/1/2025  1/5/2024   1,701    1,650 
 9,146   7371953,5.55%, 7/1/2025  1/5/2024   9,025    5,833 
 5,999   7372012,4.47%, 7/1/2025  1/5/2024   5,754    5,908 

 

See Notes to Financial Statements. 
106(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,720   7372373,4.75%, 7/1/2025  1/5/2024  $2,645   $2,613 
 5,510   7372198,4.99%, 7/1/2025  1/5/2024   5,362    5,233 
 536   7371931,5.18%, 7/1/2025  1/5/2024   511    529 
 9,898   7372087,4.75%, 7/1/2025(e)  1/5/2024   9,737    7,145 
 4,226   7371993,5.36%, 7/1/2025  1/5/2024   4,158    2,760 
 1,818   7371806,5.18%, 7/1/2025  1/5/2024   1,778    1,696 
 3,999   7372162,4.47%, 7/1/2025  1/5/2024   3,846    3,936 
 1,853   7372348,4.73%, 7/1/2025  1/5/2024   1,813    1,559 
 1,512   7372231,5.17%, 7/1/2025  1/5/2024   1,467    1,467 
 1,617   7372385,4.46%, 7/1/2025  1/5/2024   1,549    1,594 
 3,771   7375877,4.74%, 7/2/2025  1/5/2024   3,643    3,686 
 3,015   7372911,4.99%, 7/2/2025  1/5/2024   2,907    2,954 
 2,032   7374545,4.46%, 7/2/2025  1/5/2024   1,966    1,984 
 18,958   7375905,4.46%, 7/2/2025  1/5/2024   18,105    18,706 
 5,431   7374442,5.16%, 7/2/2025  1/5/2024   5,329    4,859 
 495   7373290,5.79%, 7/2/2025  1/5/2024   474    485 
 5,438   7373019,4.74%, 7/2/2025  1/5/2024   5,197    5,353 
 4,944   7373334,4.46%, 7/2/2025  1/5/2024   4,772    4,843 
 531   7373764,4.77%, 7/2/2025  1/5/2024   516    516 
 36,223   7374720,4.98%, 7/2/2025  1/5/2024   35,182    34,957 
 5,037   7373739,4.74%, 7/2/2025  1/5/2024   4,906    4,831 
 1,809   7373240,5.17%, 7/2/2025  1/5/2024   1,742    1,766 
 910   7374591,6.03%, 7/2/2025  1/5/2024   897    858 
 12,055   7375225,4.46%, 7/2/2025  1/5/2024   11,716    11,726 
 35,036   7375481,4.98%, 7/2/2025  1/5/2024   33,841    34,155 
 2,842   7373650,5.17%, 7/2/2025  1/5/2024   2,798    2,005 
 841   7374430,5.54%, 7/2/2025  1/5/2024   813    823 
 3,470   7374557,4.46%, 7/2/2025  1/5/2024   3,367    3,349 
 1,126   7374478,5.36%, 7/2/2025  1/5/2024   1,101    1,065 
 984   7374283,5.54%, 7/2/2025  1/5/2024   968    889 
 1,612   7373154,5.53%, 7/2/2025  1/5/2024   1,575    1,549 
 3,638   7374498,4.99%, 7/2/2025  1/5/2024   3,564    2,861 
 52,622   7375017,5.17%, 7/2/2025(e)  1/5/2024   51,910    31,638 
 55,048   7373814,4.98%, 7/2/2025  1/5/2024   53,739    51,226 
 5,688   7373503,4.46%, 7/2/2025  1/5/2024   5,481    5,585 
 1,559   7373671,4.73%, 7/2/2025  1/5/2024   1,502    1,530 
 3,545   7375394,4.46%, 7/2/2025  1/5/2024   3,418    3,483 
 5,022   7374656,5.93%, 7/2/2025  1/5/2024   5,007    2,073 
 3,796   7373439,4.74%, 7/2/2025  1/5/2024   3,676    3,692 
 3,967   7374601,5.35%, 7/2/2025  1/5/2024   3,723    3,911 
 632   7373306,5.81%, 7/2/2025  1/5/2024   623    555 
 473   7373726,5.77%, 7/2/2025  1/5/2024   460    460 
 4,417   7373767,4.99%, 7/2/2025  1/5/2024   4,312    4,101 
 322   7374317,4.53%, 7/2/2025  1/5/2024   321    298 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024107

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,982   7376047,4.46%, 7/3/2025  1/8/2024  $5,778   $5,839 
 2,233   7379108,4.73%, 7/3/2025  1/8/2024   2,171    2,144 
 3,074   7377397,4.46%, 7/3/2025  1/8/2024   2,965    3,004 
 1,935   7378624,5.77%, 7/3/2025  1/8/2024   1,917    1,059 
 3,061   7377519,5.17%, 7/3/2025  1/8/2024   2,977    2,956 
 33,808   7377713,4.98%, 7/3/2025  1/8/2024   32,511    32,959 
 5,133   7376914,5.54%, 7/3/2025  1/8/2024   4,990    4,963 
 1,866   7377597,5.17%, 7/3/2025  1/8/2024   1,812    1,804 
 1,755   7376077,5.78%, 7/3/2025  1/8/2024   1,711    1,680 
 2,037   7376088,4.74%, 7/3/2025  1/8/2024   1,914    2,015 
 62,555   7376262,4.74%, 7/3/2025  1/8/2024   61,345    51,167 
 868   7375998,5.35%, 7/3/2025  1/8/2024   790    858 
 1,411   7377253,5.53%, 7/3/2025  1/8/2024   1,349    1,381 
 6,834   7377542,4.74%, 7/3/2025  1/8/2024   6,629    6,623 
 1,684   7376684,4.46%, 7/3/2025  1/8/2024   1,627    1,645 
 106   7378231,4.57%, 7/3/2025  1/8/2024   98    103 
 9,053   7376155,4.74%, 7/3/2025  1/8/2024   8,728    8,877 
 6,423   7377154,4.98%, 7/3/2025  1/8/2024   6,013    6,352 
 1,024   7379082,5.53%, 7/3/2025  1/8/2024   990    992 
 25,681   7378919,4.46%, 7/3/2025  1/8/2024   24,886    24,822 
 537   7377665,4.57%, 7/3/2025  1/8/2024   536    467 
 2,678   7377351,6.18%, 7/3/2025  1/8/2024   2,620    2,599 
 4,450   7377488,4.98%, 7/3/2025  1/8/2024   4,299    4,334 
 876   7379046,5.78%, 7/3/2025  1/8/2024   866    683 
 3,635   7378644,4.45%, 7/3/2025  1/8/2024   3,491    3,579 
 1,176   7376120,5.54%, 7/3/2025  1/8/2024   1,145    1,134 
 1,189   7376133,4.98%, 7/3/2025  1/8/2024   1,133    1,172 
 345   7376115,4.46%, 7/3/2025  1/8/2024   327    342 
 1,881   7376753,4.74%, 7/3/2025  1/8/2024   1,828    1,774 
 19,424   7378239,4.74%, 7/3/2025  1/8/2024   18,789    18,856 
 12,622   7378482,5.54%, 7/3/2025  1/8/2024   12,381    11,750 
 414   7378791,6.16%, 7/3/2025  1/8/2024   411    379 
 12,564   7378798,4.98%, 7/3/2025  1/8/2024   12,207    12,129 
 1,452   7376847,4.97%, 7/3/2025  1/8/2024   1,397    1,424 
 3,191   7376864,4.74%, 7/3/2025  1/8/2024   3,116    2,703 
 6,323   7378164,5.54%, 7/3/2025  1/8/2024   6,181    6,004 
 7,579   7377367,4.74%, 7/3/2025  1/8/2024   7,428    6,276 
 1,473   7378104,4.46%, 7/3/2025  1/8/2024   1,301    1,385 
 27,152   7377890,4.98%, 7/3/2025  1/8/2024   26,424    25,783 
 6,983   7377607,4.46%, 7/3/2025  1/8/2024   6,796    6,375 
 6,921   7378043,4.98%, 7/3/2025  1/8/2024   6,673    6,748 
 1,904   7379051,5.53%, 7/3/2025  1/8/2024   1,855    1,833 
 12,647   7377037,4.98%, 7/3/2025  1/8/2024   12,323    11,984 
 974   7378475,5.79%, 7/3/2025  1/8/2024   950    925 

 

See Notes to Financial Statements. 
108(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,826   7378152,4.98%, 7/3/2025  1/8/2024  $1,759   $1,778 
 3,399   7378011,5.35%, 7/3/2025  1/8/2024   3,300    3,253 
 4,878   7377303,4.46%, 7/3/2025  1/8/2024   4,726    4,740 
 1,514   7379093,5.18%, 7/3/2025  1/8/2024   1,472    1,459 
 6,644   7376124,5.78%, 7/3/2025  1/8/2024   6,584    3,389 
 534   7378768,4.74%, 7/3/2025  1/8/2024   500    528 
 6,723   7381858,5.56%, 7/4/2025  1/9/2024   6,585    6,266 
 4,047   7383144,5.18%, 7/4/2025  1/9/2024   3,960    3,649 
 5,902   7381755,5.00%, 7/4/2025  1/9/2024   5,695    5,762 
 533   7381512,5.99%, 7/4/2025  1/9/2024   531    415 
 11,285   7382076,4.75%, 7/4/2025  1/9/2024   10,943    10,959 
 19,590   7381149,5.37%, 7/4/2025  1/9/2024   18,853    19,155 
 522   7383847,6.20%, 7/4/2025  1/9/2024   509    508 
 1,995   7382814,4.99%, 7/4/2025  1/9/2024   1,941    1,891 
 5,420   7382938,4.47%, 7/4/2025  1/9/2024   5,233    5,321 
 2,036   7383696,6.21%, 7/4/2025  1/9/2024   2,003    1,947 
 6,336   7383431,5.95%, 7/4/2025  1/9/2024   6,313    2,647 
 7,433   7382746,5.37%, 7/4/2025  1/9/2024   7,237    7,125 
 429   7383725,5.80%, 7/4/2025  1/9/2024   401    422 
 2,367   7382261,4.47%, 7/4/2025  1/9/2024   2,288    2,310 
 9,320   7381630,5.19%, 7/4/2025  1/9/2024   9,115    8,374 
 2,891   7383786,5.00%, 7/4/2025  1/9/2024   2,739    2,854 
 723   7382188,5.18%, 7/4/2025  1/9/2024   680    714 
 11,362   7381987,4.47%, 7/4/2025  1/9/2024   11,078    10,292 
 22,183   7383010,5.00%, 7/4/2025  1/9/2024   21,534    21,346 
 4,153   7383184,4.76%, 7/4/2025  1/9/2024   4,032    3,986 
 1,908   7383746,6.05%, 7/4/2025  1/9/2024   1,863    1,842 
 2,627   7381821,4.47%, 7/4/2025  1/9/2024   2,544    2,556 
 3,202   7381724,4.47%, 7/4/2025  1/9/2024   3,085    3,147 
 1,702   7381137,5.18%, 7/4/2025  1/9/2024   1,649    1,651 
 450   7380995,4.55%, 7/4/2025  1/9/2024   449    386 
 61   7380955,5.56%, 7/4/2025  1/9/2024   37    61 
 2,070   7380929,5.55%, 7/4/2025  1/9/2024   2,037    1,692 
 10,418   7381034,4.47%, 7/4/2025  1/9/2024   10,102    10,071 
 2,166   7381534,5.56%, 7/4/2025  1/9/2024   2,130    1,794 
 2,625   7381844,5.23%, 7/4/2025(e)  1/9/2024   2,622    344 
 19,815   7382402,5.19%, 7/4/2025  1/9/2024   19,327    18,565 
 13,943   7382618,4.75%, 7/4/2025  1/9/2024   13,631    11,640 
 16,000   7383876,5.19%, 7/4/2025  1/9/2024   15,250    15,749 
 1,719   7381903,5.36%, 7/4/2025  1/9/2024   1,682    1,598 
 1,070   7382068,4.47%, 7/4/2025  1/9/2024   1,024    1,054 
 8,813   7382302,5.18%, 7/4/2025  1/9/2024   8,578    8,440 
 55   7383419,5.55%, 7/4/2025  1/9/2024   51    54 
 2,061   7382836,5.19%, 7/4/2025  1/9/2024   1,946    2,031 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024109

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,752   7383675,5.20%, 7/4/2025  1/9/2024  $1,703   $1,678 
 10,737   7383281,5.00%, 7/4/2025  1/9/2024   10,382    10,469 
 2,305   7381008,4.76%, 7/4/2025  1/9/2024   2,224    2,254 
 1,799   7385469,4.58%, 7/5/2025  1/10/2024   1,797    956 
 6,091   7384515,5.00%, 7/5/2025  1/10/2024   5,931    5,660 
 8,010   7384337,4.75%, 7/5/2025  1/10/2024   7,791    7,569 
 3,735   7385031,5.37%, 7/5/2025  1/10/2024   3,628    3,601 
 1,778   7385950,5.95%, 7/5/2025  1/10/2024   1,771    748 
 1,558   7385956,5.19%, 7/5/2025  1/10/2024   1,506    1,511 
 4,056   7385232,4.76%, 7/5/2025  1/10/2024   3,946    3,835 
 784   7384595,5.36%, 7/5/2025  1/10/2024   751    769 
 44,708   7386506,4.47%, 7/5/2025  1/10/2024   43,246    43,548 
 448   7385189,5.01%, 7/5/2025  1/10/2024   416    443 
 2,446   7385911,5.00%, 7/5/2025  1/10/2024   2,359    2,386 
 9,335   7385807,4.75%, 7/5/2025  1/10/2024   8,984    9,160 
 394   7385455,5.23%, 7/5/2025  1/10/2024   392    357 
 9,796   7385393,5.19%, 7/5/2025  1/10/2024   9,573    8,825 
 2,577   7385175,5.01%, 7/5/2025  1/10/2024   2,503    2,492 
 6,948   7385731,5.80%, 7/5/2025  1/10/2024   6,878    3,684 
 3,828   7385190,5.18%, 7/5/2025  1/10/2024   3,685    3,738 
 21,224   7385571,5.37%, 7/5/2025  1/10/2024   20,839    14,543 
 14,360   7386355,4.47%, 7/5/2025  1/10/2024   13,909    13,965 
 381   7384011,5.58%, 7/5/2025  1/10/2024   364    374 
 2,515   7384664,5.37%, 7/5/2025  1/10/2024   2,468    2,189 
 313   7385951,5.55%, 7/5/2025  1/10/2024   289    310 
 391   7384326,4.55%, 7/5/2025  1/10/2024   389    362 
 1,045   7385382,5.37%, 7/5/2025  1/10/2024   1,018    987 
 9,283   7385083,4.47%, 7/5/2025  1/10/2024   8,976    9,063 
 6,634   7384677,5.37%, 7/5/2025  1/10/2024   6,474    6,266 
 6,819   7385353,4.75%, 7/5/2025  1/10/2024   6,651    5,780 
 3,000   7385885,5.00%, 7/5/2025  1/10/2024   2,887    2,942 
 6,864   7385759,4.47%, 7/5/2025  1/10/2024   6,562    6,764 
 2,415   7385530,5.37%, 7/5/2025  1/10/2024   2,337    2,334 
 22,680   7386216,4.75%, 7/5/2025  1/10/2024   22,127    19,300 
 2,135   7385513,4.76%, 7/5/2025  1/10/2024   2,049    2,093 
 14,086   7385983,5.00%, 7/5/2025  1/10/2024   13,396    13,877 
 2,860   7385268,5.18%, 7/5/2025  1/10/2024   2,771    2,766 
 2,052   7384907,5.01%, 7/5/2025  1/10/2024   1,993    1,953 
 789   7385303,5.00%, 7/5/2025  1/10/2024   742    779 
 6,279   7384773,6.05%, 7/5/2025  1/10/2024   6,217    4,592 
 4,077   7384953,4.76%, 7/5/2025  1/10/2024   3,955    3,923 
 4,343   7384100,6.05%, 7/5/2025  1/10/2024   4,265    3,942 
 830   7384421,4.74%, 7/5/2025  1/10/2024   800    812 
 4,037   7384167,4.47%, 7/5/2025  1/10/2024   3,890    3,960 

 

See Notes to Financial Statements. 
110(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$127   7384332,5.55%, 7/5/2025  1/10/2024  $117   $126 
 4,601   7387657,4.48%, 7/6/2025  1/11/2024   4,453    4,483 
 4,831   7387049,5.00%, 7/6/2025  1/11/2024   4,468    4,786 
 2,567   7387504,4.75%, 7/6/2025  1/11/2024   2,492    2,461 
 890   7387338,5.56%, 7/6/2025  1/11/2024   866    841 
 1,178   7387256,4.75%, 7/6/2025  1/11/2024   1,131    1,159 
 3,858   7387436,4.75%, 7/6/2025  1/11/2024   3,731    3,747 
 1,621   7387557,5.37%, 7/6/2025  1/11/2024   1,577    1,531 
 18,447   7386942,4.47%, 7/6/2025  1/11/2024   17,758    18,129 
 2,458   7387281,5.00%, 7/6/2025  1/11/2024   2,401    1,948 
 2,173   7387273,5.36%, 7/6/2025  1/11/2024   2,138    1,456 
 4,853   7387319,5.00%, 7/6/2025  1/11/2024   4,736    4,495 
 258   7387347,4.47%, 7/6/2025  1/11/2024   251    253 
 242   7387268,6.04%, 7/6/2025  1/11/2024   229    237 
 382   7387132,5.79%, 7/6/2025  1/11/2024   371    371 
 755   7387688,5.00%, 7/6/2025  1/11/2024   702    748 
 2,626   7387384,5.00%, 7/6/2025  1/11/2024   2,540    2,544 
 4,378   7387629,4.48%, 7/6/2025  1/11/2024   4,233    4,275 
 1,440   7387467,5.37%, 7/6/2025  1/11/2024   1,331    1,417 
 3,116   7387087,5.38%, 7/6/2025  1/11/2024   3,055    2,704 
 131   7387495,6.03%, 7/6/2025  1/11/2024   120    129 
 1,347   7387108,5.01%, 7/6/2025  1/11/2024   1,278    1,326 
 1,479   7387291,5.96%, 7/6/2025  1/11/2024   1,448    1,420 
 1,051   7387244,5.81%, 7/6/2025  1/11/2024   1,031    971 
 952   7388162,6.18%, 7/7/2025(e)  1/11/2024   943    842 
 2,295   7388027,5.00%, 7/7/2025  1/11/2024   2,192    2,258 
 1,787   7387842,4.99%, 7/7/2025  1/11/2024   1,656    1,772 
 1,631   7388090,5.37%, 7/7/2025  1/11/2024   1,589    1,541 
 2,893   7388319,5.36%, 7/7/2025  1/11/2024   2,801    2,790 
 3,915   7388184,5.79%, 7/7/2025  1/11/2024   3,777    3,802 
 2,318   7388172,5.17%, 7/7/2025  1/11/2024   2,264    2,097 
 8,468   7388251,4.74%, 7/7/2025  1/11/2024   8,195    8,220 
 3,973   7388061,4.99%, 7/7/2025  1/11/2024   3,861    3,784 
 3,375   7388013,4.74%, 7/7/2025  1/11/2024   3,294    2,811 
 1,683   7388082,5.55%, 7/7/2025  1/11/2024   1,632    1,623 
 6,875   7388099,4.99%, 7/7/2025  1/11/2024   6,578    6,729 
 15,314   7387706,4.47%, 7/7/2025  1/11/2024   14,902    13,949 
 2,004   7387787,4.75%, 7/7/2025  1/11/2024   1,942    1,943 
 2,763   7387944,4.74%, 7/7/2025  1/11/2024   2,661    2,702 
 1,884   7388232,5.95%, 7/7/2025  1/11/2024   1,875    1,267 
 7,114   7387895,4.99%, 7/7/2025  1/11/2024   6,915    6,759 
 3,033   7391294,4.74%, 7/8/2025  1/11/2024   2,935    2,951 
 2,294   7391461,5.35%, 7/8/2025  1/11/2024   2,122    2,263 
 9,349   7391079,5.78%, 7/8/2025  1/11/2024   9,193    8,318 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024111

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,786   7390740,5.34%, 7/8/2025  1/11/2024  $1,738   $1,687 
 2,371   7390582,4.74%, 7/8/2025  1/11/2024   2,270    2,336 
 22,868   7390883,4.46%, 7/8/2025  1/11/2024   22,088    22,381 
 3,797   7390114,5.35%, 7/8/2025  1/11/2024   3,612    3,724 
 7,410   7390077,4.46%, 7/8/2025  1/11/2024   7,177    7,210 
 15,423   7391506,4.98%, 7/8/2025  1/11/2024   14,949    14,876 
 3,616   7391238,4.74%, 7/8/2025  1/11/2024   3,504    3,506 
 25,992   7389536,5.17%, 7/8/2025  1/11/2024   25,454    19,517 
 7,337   7390394,5.93%, 7/8/2025  1/11/2024   7,295    5,828 
 6,899   7390837,4.55%, 7/8/2025  1/11/2024   6,891    5,963 
 17,484   7390627,4.74%, 7/8/2025  1/11/2024   16,949    16,813 
 4,772   7389973,4.74%, 7/8/2025  1/11/2024   4,618    4,644 
 522   7389138,5.51%, 7/8/2025  1/11/2024   507    506 
 989   7389889,5.77%, 7/8/2025  1/11/2024   965    937 
 30,697   7390263,4.74%, 7/8/2025  1/11/2024   29,967    26,057 
 211   7390104,5.33%, 7/8/2025  1/11/2024   192    208 
 4,914   7390046,4.74%, 7/8/2025  1/11/2024   4,664    4,856 
 7,058   7389924,4.73%, 7/8/2025  1/11/2024   6,862    6,844 
 17,465   7389774,4.46%, 7/8/2025  1/11/2024   16,793    17,181 
 1,629   7388957,4.99%, 7/8/2025  1/11/2024   1,572    1,587 
 9,675   7388577,4.73%, 7/8/2025  1/11/2024   9,454    8,172 
 1,202   7391065,4.54%, 7/8/2025  1/11/2024   1,199    1,118 
 16,397   7391372,6.02%, 7/8/2025  1/11/2024   16,236    8,804 
 1,626   7389057,5.35%, 7/8/2025  1/11/2024   1,546    1,593 
 1,598   7389013,4.98%, 7/8/2025  1/11/2024   1,537    1,568 
 424   7390426,6.19%, 7/8/2025  1/11/2024   418    401 
 4,913   7390166,5.78%, 7/8/2025  1/11/2024   4,810    4,646 
 474   7390156,4.58%, 7/8/2025  1/11/2024   474    312 
 2,134   7390009,4.99%, 7/8/2025  1/11/2024   2,038    2,099 
 788   7388954,5.34%, 7/8/2025  1/11/2024   763    766 
 3,371   7390023,4.73%, 7/8/2025  1/11/2024   3,254    3,284 
 20,336   7389158,5.17%, 7/8/2025  1/11/2024   19,774    19,469 
 2,059   7388621,5.16%, 7/8/2025  1/11/2024   2,016    1,843 
 2,078   7388686,4.47%, 7/8/2025  1/11/2024   2,022    1,891 
 4,091   7388711,4.73%, 7/8/2025  1/11/2024   3,927    4,013 
 14,233   7392928,4.98%, 7/9/2025  1/12/2024   13,783    13,792 
 38,109   7393812,5.53%, 7/9/2025  1/12/2024   37,501    24,873 
 1,370   7393091,5.78%, 7/9/2025  1/12/2024   1,339    1,306 
 2,224   7394222,4.74%, 7/9/2025  1/12/2024   2,145    2,180 
 28,603   7394408,4.46%, 7/9/2025  1/12/2024   27,451    28,145 
 5,157   7393601,4.73%, 7/9/2025  1/12/2024   5,040    4,372 
 789   7393622,5.54%, 7/9/2025  1/12/2024   765    665 
 736   7394236,5.55%, 7/9/2025  1/12/2024   722    666 
 7,159   7393649,4.46%, 7/9/2025  1/12/2024   6,860    7,054 

 

See Notes to Financial Statements. 
112(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,675   7393551,5.17%, 7/9/2025  1/12/2024  $5,556   $5,102 
 2,841   7392333,5.35%, 7/9/2025  1/12/2024   2,753    2,745 
 11,709   7394187,5.17%, 7/9/2025  1/12/2024   11,529    7,660 
 9,084   7393229,5.17%, 7/9/2025  1/12/2024   8,926    6,544 
 9,742   7392501,4.74%, 7/9/2025  1/12/2024   9,418    9,478 
 7,326   7392681,4.46%, 7/9/2025  1/12/2024   7,098    7,124 
 3,824   7392413,4.74%, 7/9/2025  1/12/2024   3,686    3,739 
 1,256   7392143,5.92%, 7/9/2025  1/12/2024   1,247    1,142 
 1,917   7393460,6.02%, 7/9/2025  1/12/2024   1,883    1,811 
 1,538   7394396,4.46%, 7/9/2025  1/12/2024   1,475    1,514 
 918   7392729,4.98%, 7/9/2025  1/12/2024   875    903 
 1,358   7392210,4.74%, 7/9/2025  1/12/2024   1,316    1,306 
 458   7392496,5.52%, 7/9/2025  1/12/2024   444    443 
 23,233   7393342,4.73%, 7/9/2025  1/12/2024   22,683    19,727 
 3,446   7392576,4.74%, 7/9/2025  1/12/2024   3,338    3,335 
 14,274   7392163,5.54%, 7/9/2025  1/12/2024   14,059    8,605 
 1,218   7392153,5.79%, 7/9/2025  1/12/2024   1,179    1,183 
 5,938   7391650,5.17%, 7/9/2025  1/12/2024   5,719    5,802 
 521   7392130,5.54%, 7/9/2025  1/12/2024   506    504 
 1,219   7391638,5.77%, 7/9/2025  1/12/2024   1,194    1,148 
 613   7393128,5.78%, 7/9/2025  1/12/2024   553    603 
 3,581   7392470,5.17%, 7/9/2025  1/12/2024   3,472    3,463 
 1,468   7393455,5.54%, 7/9/2025  1/12/2024   1,419    1,430 
 8,490   7392745,5.93%, 7/9/2025  1/12/2024   8,350    8,162 
 1,086   7394175,5.79%, 7/9/2025  1/12/2024   1,035    1,062 
 2,060   7393284,4.45%, 7/9/2025  1/12/2024   1,990    2,006 
 24,443   7393690,4.98%, 7/9/2025  1/12/2024   23,872    19,358 
 1,415   7393797,5.35%, 7/9/2025  1/12/2024   1,338    1,390 
 822   7393319,5.17%, 7/9/2025  1/12/2024   783    809 
 3,573   7392243,5.35%, 7/9/2025  1/12/2024   3,479    3,370 
 920   7392456,4.98%, 7/9/2025  1/12/2024   887    898 
 5,677   7392598,5.17%, 7/9/2025  1/12/2024   5,560    4,268 
 2,208   7394243,4.46%, 7/9/2025  1/12/2024   2,133    2,162 
 20,557   7394265,4.74%, 7/9/2025  1/12/2024   19,923    19,921 
 1,323   7396269,4.98%, 7/10/2025  1/16/2024   1,296    1,036 
 2,623   7395210,5.36%, 7/10/2025  1/16/2024   2,567    2,314 
 7,127   7396139,4.46%, 7/10/2025  1/16/2024   6,877    6,957 
 8,134   7396054,4.74%, 7/10/2025  1/16/2024   7,758    8,015 
 823   7396593,5.54%, 7/10/2025  1/16/2024   807    744 
 1,655   7396026,4.73%, 7/10/2025  1/16/2024   1,597    1,617 
 1,481   7394778,6.03%, 7/10/2025  1/16/2024   1,460    787 
 2,311   7395491,5.78%, 7/10/2025  1/16/2024   2,271    2,050 
 14,082   7395700,4.46%, 7/10/2025  1/16/2024   13,617    13,711 
 9,175   7397006,4.46%, 7/10/2025  1/16/2024   8,845    8,965 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024113

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$142   7395134,4.56%, 7/10/2025  1/16/2024  $141   $137 
 1,029   7396323,5.93%, 7/10/2025  1/16/2024   1,024    365 
 1,229   7395638,5.93%, 7/10/2025  1/16/2024   1,219    1,121 
 183   7396596,5.52%, 7/10/2025  1/16/2024   168    177 
 8,275   7396819,5.35%, 7/10/2025  1/16/2024   7,966    8,061 
 3,501   7397092,5.54%, 7/10/2025  1/16/2024   3,455    2,140 
 2,870   7395400,4.46%, 7/10/2025  1/16/2024   2,758    2,822 
 2,058   7394741,4.46%, 7/10/2025  1/16/2024   1,976    2,022 
 1,539   7395451,4.75%, 7/10/2025  1/16/2024   1,483    1,499 
 1,447   7394804,5.54%, 7/10/2025(e)  1/16/2024   1,417    930 
 33,717   7394895,4.74%, 7/10/2025  1/16/2024   32,810    31,924 
 4,938   7395551,4.46%, 7/10/2025  1/16/2024   4,741    4,849 
 3,738   7395812,5.17%, 7/10/2025  1/16/2024   3,634    3,510 
 19,353   7396668,5.78%, 7/10/2025  1/16/2024   18,813    18,414 
 2,474   7395312,4.74%, 7/10/2025  1/16/2024   2,364    2,433 
 987   7395389,6.01%, 7/10/2025  1/16/2024   968    926 
 1,383   7396028,5.53%, 7/10/2025  1/16/2024   1,341    1,338 
 6,137   7396203,5.35%, 7/10/2025  1/16/2024   5,918    5,980 
 6,484   7396340,4.74%, 7/10/2025  1/16/2024   6,262    6,310 
 3,126   7396235,5.23%, 7/10/2025  1/16/2024   3,112    2,961 
 2,698   7396490,5.17%, 7/10/2025  1/16/2024   2,553    2,660 
 19,755   7397194,4.74%, 7/10/2025  1/16/2024   19,031    19,308 
 729   7396311,5.23%, 7/10/2025  1/16/2024   713    715 
 3,163   7395785,5.17%, 7/10/2025  1/16/2024   3,027    3,098 
 7,412   7394539,5.35%, 7/10/2025  1/16/2024   7,069    7,263 
 3,620   7395239,5.23%, 7/10/2025  1/16/2024   3,600    3,439 
 5,694   7394695,4.98%, 7/10/2025  1/16/2024   5,543    5,267 
 1,710   7396645,5.94%, 7/10/2025  1/16/2024   1,690    1,578 
 3,990   7396555,5.78%, 7/10/2025  1/16/2024   3,886    3,839 
 5,338   7396968,5.78%, 7/10/2025(e)  1/16/2024   5,276    3,067 
 11,444   7395970,4.98%, 7/10/2025  1/16/2024   11,071    11,039 
 29,469   7395844,4.74%, 7/10/2025  1/16/2024   28,619    27,904 
 3,502   7394843,4.73%, 7/10/2025  1/16/2024   3,405    3,320 
 2,465   7395146,5.54%, 7/10/2025  1/16/2024   2,376    2,405 
 2,323   7395665,4.46%, 7/10/2025  1/16/2024   2,176    2,309 
 2,180   7396035,5.17%, 7/10/2025  1/16/2024   2,072    2,146 
 4,466   7396922,4.98%, 7/10/2025  1/16/2024   4,313    4,348 
 2,016   7395525,4.98%, 7/10/2025  1/16/2024   1,960    1,917 
 770   7394797,5.79%, 7/10/2025  1/16/2024   742    746 
 7,149   7396272,4.74%, 7/10/2025  1/16/2024   6,898    6,930 
 2,581   7396459,4.46%, 7/10/2025  1/16/2024   2,500    2,509 
 1,696   7397138,5.35%, 7/10/2025  1/16/2024   1,604    1,668 
 4,362   7401938,5.20%, 7/11/2025  1/17/2024   4,243    4,094 
 2,229   7402345,4.57%, 7/11/2025  1/17/2024   2,227    1,489 

 

See Notes to Financial Statements. 
114(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$759   7401929,5.79%, 7/11/2025  1/17/2024  $743   $715 
 726   7401540,6.24%, 7/11/2025(e)  1/17/2024   719    360 
 433   7401444,5.37%, 7/11/2025  1/17/2024   415    422 
 6,513   7401985,5.20%, 7/11/2025  1/17/2024   6,240    6,360 
 3,152   7402149,4.48%, 7/11/2025  1/17/2024   3,046    3,071 
 780   7402644,5.96%, 7/11/2025  1/17/2024   768    743 
 14,863   7401642,5.01%, 7/11/2025  1/17/2024   14,341    14,408 
 1,791   7401319,5.20%, 7/11/2025  1/17/2024   1,702    1,765 
 3,251   7402303,5.01%, 7/11/2025  1/17/2024   3,161    3,027 
 10,129   7402167,4.48%, 7/11/2025  1/17/2024   9,707    9,972 
 3,385   7402393,5.56%, 7/11/2025  1/17/2024   3,323    2,811 
 1,523   7401510,5.19%, 7/11/2025  1/17/2024   1,481    1,432 
 708   7402659,5.28%, 7/11/2025  1/17/2024   706    532 
 80,618   7400610,4.48%, 7/11/2025  1/17/2024   78,551    72,941 
 1,930   7401550,5.02%, 7/11/2025  1/17/2024   1,896    1,356 
 10,210   7402515,5.01%, 7/11/2025  1/17/2024   9,967    8,113 
 12,586   7403015,5.01%, 7/11/2025  1/17/2024   12,034    12,375 
 12,089   7402671,5.01%, 7/11/2025  1/17/2024   11,631    11,782 
 4,385   7401359,4.48%, 7/11/2025  1/17/2024   4,228    4,283 
 515   7402663,5.40%, 7/11/2025  1/17/2024   495    501 
 10,705   7402424,5.82%, 7/11/2025  1/17/2024   10,562    6,296 
 708   7402128,5.20%, 7/11/2025  1/17/2024   680    691 
 2,553   7402105,5.01%, 7/11/2025  1/17/2024   2,449    2,505 
 20,811   7401768,4.48%, 7/11/2025  1/17/2024   20,148    20,078 
 28,471   7403204,4.76%, 7/11/2025  1/17/2024   27,636    27,000 
 1,965   7401569,5.01%, 7/11/2025  1/17/2024   1,892    1,913 
 2,139   7401304,5.20%, 7/11/2025  1/17/2024   2,079    2,012 
 6,151   7400573,5.20%, 7/11/2025  1/17/2024   5,924    5,984 
 2,037   7402847,5.20%, 7/11/2025  1/17/2024   1,898    2,013 
 5,731   7401191,5.97%, 7/11/2025(e)  1/17/2024   5,707    1,522 
 12,250   7402889,5.01%, 7/11/2025  1/17/2024   11,914    11,631 
 325   7400539,5.18%, 7/11/2025  1/17/2024   301    323 
 3,378   7401231,5.20%, 7/11/2025  1/17/2024   3,267    3,267 
 13,100   7404588,5.20%, 7/12/2025  1/18/2024   12,439    12,897 
 586   7404862,5.56%, 7/12/2025  1/18/2024   566    562 
 3,175   7404891,5.19%, 7/12/2025  1/18/2024   3,075    3,069 
 2,419   7404917,4.48%, 7/12/2025  1/18/2024   2,326    2,377 
 1,042   7404466,6.07%, 7/12/2025  1/18/2024   1,017    970 
 844   7404856,4.58%, 7/12/2025  1/18/2024   842    763 
 72,731   7406234,5.20%, 7/12/2025  1/18/2024   71,349    52,525 
 3,843   7405888,4.58%, 7/12/2025  1/18/2024   3,820    3,753 
 6,058   7404475,5.19%, 7/12/2025  1/18/2024   5,888    5,690 
 1,272   7403596,5.19%, 7/12/2025  1/18/2024   1,244    960 
 4,749   7403791,4.48%, 7/12/2025  1/18/2024   4,574    4,651 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024115

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,189   7404882,5.02%, 7/12/2025  1/18/2024  $1,151   $1,129 
 3,364   7403689,5.38%, 7/12/2025  1/18/2024   3,288    2,971 
 32,184   7405512,5.38%, 7/12/2025  1/18/2024   30,983    31,383 
 4,677   7406192,5.20%, 7/12/2025  1/18/2024   4,556    4,381 
 18,167   7405300,5.57%, 7/12/2025  1/18/2024   17,698    16,998 
 48,315   7404945,5.01%, 7/12/2025  1/18/2024   46,804    45,962 
 1,321   7406132,4.77%, 7/12/2025  1/18/2024   1,277    1,283 
 1,796   7404444,5.57%, 7/12/2025  1/18/2024   1,759    1,507 
 2,517   7406148,4.76%, 7/12/2025  1/18/2024   2,436    2,423 
 13,131   7405422,4.76%, 7/12/2025  1/18/2024   12,654    12,805 
 2,928   7407048,6.22%, 7/13/2025  1/19/2024   2,904    1,309 
 2,526   7407077,5.18%, 7/13/2025(e)  1/19/2024   2,477    1,840 
 1,809   7406888,5.39%, 7/13/2025  1/19/2024   1,734    1,766 
 61,679   7406541,5.38%, 7/13/2025  1/19/2024   60,568    42,126 
 5,758   7407141,6.06%, 7/13/2025  1/19/2024   5,671    4,960 
 1,191   7406862,4.58%, 7/13/2025  1/19/2024   1,189    370 
 106   7407019,5.96%, 7/13/2025  1/19/2024   101    105 
 4,391   7407024,5.01%, 7/13/2025  1/19/2024   4,255    4,175 
 91   7406534,5.83%, 7/13/2025  1/19/2024   84    90 
 4,582   7406487,5.01%, 7/13/2025  1/19/2024   4,445    4,354 
 393   7406880,6.19%, 7/13/2025  1/19/2024   386    369 
 1,580   7406867,5.38%, 7/13/2025  1/19/2024   1,537    1,494 
 6,546   7407085,5.20%, 7/13/2025  1/19/2024   6,357    6,143 
 1,857   7407414,5.00%, 7/14/2025  1/19/2024   1,784    1,811 
 1,128   7407272,6.06%, 7/14/2025  1/19/2024   1,106    1,055 
 5,389   7407500,5.00%, 7/14/2025  1/19/2024   5,173    5,242 
 6,589   7407199,5.55%, 7/14/2025  1/19/2024   6,397    6,340 
 1,252   7407240,5.19%, 7/14/2025  1/19/2024   1,217    1,176 
 4,783   7407291,5.37%, 7/14/2025  1/19/2024   4,616    4,624 
 2,255   7407429,4.47%, 7/14/2025  1/19/2024   2,170    2,208 
 2,411   7407445,5.56%, 7/14/2025  1/19/2024   2,337    2,324 
 446   7407769,5.37%, 7/14/2025  1/19/2024   424    437 
 1,900   7407191,5.18%, 7/14/2025  1/19/2024   1,864    1,375 
 3,116   7407536,4.48%, 7/14/2025  1/19/2024   2,983    3,063 
 1,917   7407248,4.75%, 7/14/2025  1/19/2024   1,868    1,644 
 620   7407641,4.47%, 7/14/2025  1/19/2024   591    612 
 3,440   7407171,5.37%, 7/14/2025  1/19/2024   3,368    3,014 
 10,965   7407562,5.56%, 7/14/2025  1/19/2024   10,676    10,257 
 4,341   7407796,5.00%, 7/14/2025  1/19/2024   4,195    4,185 
 8,165   7407460,4.48%, 7/14/2025  1/19/2024   7,911    7,866 
 1,249   7407783,6.19%, 7/14/2025  1/19/2024   1,230    1,157 
 15,248   7407648,5.00%, 7/14/2025  1/19/2024   14,562    14,966 
 355   7408383,5.35%, 7/15/2025  1/19/2024   328    351 
 1,463   7408527,4.74%, 7/15/2025  1/19/2024   1,414    1,419 

 

See Notes to Financial Statements. 
116(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$796   7407853,6.04%, 7/15/2025(e)  1/19/2024  $788   $430 
 4,805   7407946,4.47%, 7/15/2025  1/19/2024   4,633    4,690 
 16,377   7407855,4.99%, 7/15/2025  1/19/2024   16,060    11,955 
 6,440   7408181,5.36%, 7/15/2025  1/19/2024   6,297    5,681 
 1,661   7408304,4.74%, 7/15/2025  1/19/2024   1,586    1,634 
 4,898   7408347,4.47%, 7/15/2025  1/19/2024   4,744    4,723 
 2,949   7408057,5.00%, 7/15/2025  1/19/2024   2,852    2,844 
 2,830   7407826,5.94%, 7/15/2025  1/19/2024   2,798    2,631 
 784   7408541,5.37%, 7/15/2025  1/19/2024   743    768 
 3,992   7408450,5.18%, 7/15/2025  1/19/2024   3,834    3,897 
 5,345   7408009,5.18%, 7/15/2025  1/19/2024   5,125    5,221 
 2,237   7408167,5.00%, 7/15/2025  1/19/2024   2,143    2,197 
 137   7408301,5.26%, 7/15/2025  1/19/2024   136    133 
 4,750   7408317,5.55%, 7/15/2025  1/19/2024   4,580    4,606 
 4,266   7408546,5.55%, 7/15/2025  1/19/2024   4,000    4,206 
 6,110   7408469,5.36%, 7/15/2025  1/19/2024   5,875    5,957 
 14,983   7408076,4.47%, 7/15/2025  1/19/2024   14,484    14,591 
 449   7408787,5.19%, 7/15/2025  1/19/2024   425    442 
 3,611   7408828,4.99%, 7/15/2025  1/19/2024   3,490    3,498 
 2,063   7408848,5.18%, 7/15/2025  1/19/2024   2,010    1,876 
 18,705   7408619,4.75%, 7/15/2025  1/19/2024   18,021    18,198 
 252   7408293,6.06%, 7/15/2025  1/19/2024   242    242 
 1,883   7407994,4.99%, 7/15/2025  1/19/2024   1,808    1,832 
 2,292   7408397,5.54%, 7/15/2025  1/19/2024   2,242    2,079 
 7,067   7408412,4.47%, 7/15/2025  1/19/2024   6,832    6,874 
 1,309   7408507,5.18%, 7/15/2025  1/19/2024   1,210    1,296 
 2,418   7408371,6.20%, 7/15/2025  1/19/2024   2,382    2,171 
 512   7407985,5.54%, 7/15/2025  1/19/2024   485    500 
 1,835   7408535,5.79%, 7/15/2025  1/19/2024   1,797    1,642 
 1,279   7410389,4.99%, 7/16/2025  1/19/2024   1,243    1,194 
 5,914   7410308,5.35%, 7/16/2025  1/19/2024   5,678    5,783 
 31,947   7411418,4.98%, 7/16/2025  1/19/2024   31,168    25,567 
 2,154   7410429,5.17%, 7/16/2025  1/19/2024   2,082    2,083 
 847   7410388,4.54%, 7/16/2025  1/19/2024   846    578 
 4,784   7410289,4.74%, 7/16/2025  1/19/2024   4,622    4,643 
 3,167   7410401,5.23%, 7/16/2025  1/19/2024   3,135    3,024 
 6,483   7408943,4.55%, 7/16/2025  1/19/2024   6,471    5,638 
 670   7410302,5.17%, 7/16/2025  1/19/2024   639    659 
 1,123   7411360,4.73%, 7/16/2025  1/19/2024   1,052    1,111 
 6,299   7409139,4.74%, 7/16/2025  1/19/2024   6,080    6,106 
 10,869   7410247,4.74%, 7/16/2025  1/19/2024   10,480    10,580 
 12,211   7409005,4.74%, 7/16/2025  1/19/2024   11,757    11,898 
 1,385   7410418,6.03%, 7/16/2025  1/19/2024   1,347    1,336 
 13,402   7409732,4.98%, 7/16/2025  1/19/2024   12,962    12,928 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024117

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$64,702   7410495,4.46%, 7/16/2025  1/19/2024  $62,677   $62,345 
 7,382   7411605,4.74%, 7/16/2025  1/19/2024   7,117    7,182 
 18,302   7409264,4.74%, 7/16/2025  1/19/2024   17,568    17,952 
 1,983   7410431,5.36%, 7/16/2025  1/19/2024   1,921    1,898 
 898   7411377,4.73%, 7/16/2025  1/19/2024   857    885 
 1,053   7409708,5.53%, 7/16/2025  1/19/2024   1,023    1,000 
 1,230   7411592,6.02%, 7/16/2025  1/19/2024   1,208    1,123 
 38,649   7409862,4.98%, 7/16/2025  1/19/2024   36,776    38,052 
 66,509   7410921,4.46%, 7/16/2025  1/19/2024   64,348    64,176 
 2,110   7410360,4.46%, 7/16/2025  1/19/2024   1,976    2,090 
 3,108   7410441,6.03%, 7/16/2025  1/19/2024   2,980    3,020 
 5,534   7411320,4.46%, 7/16/2025  1/19/2024   5,335    5,427 
 5,061   7413278,4.98%, 7/17/2025  1/22/2024   4,879    4,926 
 1,348   7412419,4.55%, 7/17/2025  1/22/2024   1,345    1,162 
 245   7413051,5.81%, 7/17/2025  1/22/2024   239    231 
 2,642   7413253,4.46%, 7/17/2025  1/22/2024   2,521    2,601 
 9,315   7413433,4.74%, 7/17/2025  1/22/2024   8,983    9,066 
 134   7414311,4.52%, 7/17/2025  1/22/2024   134    128 
 31,620   7413525,4.74%, 7/17/2025  1/22/2024   30,084    31,110 
 5,736   7412674,4.46%, 7/17/2025  1/22/2024   5,488    5,640 
 10,138   7413315,5.54%, 7/17/2025  1/22/2024   9,832    9,768 
 3,120   7412436,4.98%, 7/17/2025  1/22/2024   3,031    2,497 
 571   7413074,4.99%, 7/17/2025  1/22/2024   539    562 
 13,818   7412207,5.78%, 7/17/2025  1/22/2024   13,461    13,046 
 3,854   7413219,4.45%, 7/17/2025  1/22/2024   3,711    3,776 
 11,186   7412854,4.98%, 7/17/2025  1/22/2024   10,696    10,957 
 1,157   7413981,5.78%, 7/17/2025  1/22/2024   1,114    1,124 
 7,324   7413076,5.93%, 7/17/2025  1/22/2024   7,132    7,017 
 2,631   7413394,5.35%, 7/17/2025  1/22/2024   2,478    2,586 
 626   7413740,5.55%, 7/17/2025  1/22/2024   600    610 
 1,947   7412529,4.46%, 7/17/2025  1/22/2024   1,874    1,906 
 2,906   7413052,5.53%, 7/17/2025  1/22/2024   2,789    2,806 
 15,873   7412724,4.98%, 7/17/2025  1/22/2024   15,343    15,305 
 141   7413210,4.56%, 7/17/2025  1/22/2024   140    135 
 4,889   7411667,4.46%, 7/17/2025  1/22/2024   4,710    4,807 
 3,360   7413415,5.54%, 7/17/2025  1/22/2024   3,265    3,192 
 24,217   7414344,4.46%, 7/17/2025  1/22/2024   22,962    23,923 
 40,451   7414027,5.17%, 7/17/2025  1/22/2024   39,404    36,756 
 561   7416872,5.77%, 7/18/2025  1/23/2024   546    531 
 19,016   7417831,5.56%, 7/18/2025  1/23/2024   18,486    17,825 
 13,512   7417995,4.47%, 7/18/2025  1/23/2024   13,093    13,020 
 1,023   7418169,4.99%, 7/18/2025  1/23/2024   977    1,003 
 823   7417185,4.76%, 7/18/2025  1/23/2024   792    805 
 39,465   7416205,5.00%, 7/18/2025  1/23/2024   37,902    38,483 

 

See Notes to Financial Statements. 
118(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$309   7416905,6.22%, 7/18/2025  1/23/2024  $301   $297 
 2,495   7417240,6.20%, 7/18/2025  1/23/2024   2,452    2,313 
 1,994   7417215,5.26%, 7/18/2025  1/23/2024   1,984    1,521 
 7,267   7417278,5.37%, 7/18/2025  1/23/2024   7,038    6,968 
 6,317   7418093,4.48%, 7/18/2025  1/23/2024   6,071    6,189 
 4,470   7418860,5.18%, 7/18/2025  1/23/2024   4,288    4,368 
 8,832   7417616,5.00%, 7/18/2025  1/23/2024   8,206    8,774 
 3,180   7417553,4.75%, 7/18/2025  1/23/2024   3,087    3,008 
 1,134   7417502,4.99%, 7/18/2025  1/23/2024   1,086    1,113 
 6,610   7419160,5.00%, 7/18/2025  1/23/2024   6,274    6,504 
 9,229   7418978,5.55%, 7/18/2025(e)  1/23/2024   9,098    4,811 
 4,505   7417528,5.81%, 7/18/2025  1/23/2024   4,438    2,677 
 3,521   7418828,5.00%, 7/18/2025  1/23/2024   3,401    3,394 
 251   7417993,6.21%, 7/18/2025  1/23/2024   241    246 
 9,028   7418617,5.19%, 7/18/2025  1/23/2024   8,383    8,925 
 96,816   7418180,5.37%, 7/18/2025  1/23/2024   95,191    60,609 
 1,546   7416886,6.21%, 7/18/2025  1/23/2024   1,526    1,311 
 1,532   7417468,5.37%, 7/18/2025  1/23/2024   1,385    1,510 
 1,126   7417117,5.55%, 7/18/2025  1/23/2024   1,085    1,097 
 5,841   7417384,5.56%, 7/18/2025  1/23/2024   5,584    5,685 
 5,451   7416124,4.75%, 7/18/2025  1/23/2024   5,257    5,286 
 2,098   7420059,5.00%, 7/19/2025  1/24/2024   2,019    2,038 
 12,312   7421572,4.76%, 7/19/2025  1/24/2024   11,915    11,816 
 1,796   7421673,5.18%, 7/19/2025  1/24/2024   1,729    1,746 
 18,301   7422340,4.47%, 7/19/2025  1/24/2024   17,697    17,667 
 2,856   7421035,5.96%, 7/19/2025  1/24/2024   2,819    2,658 
 4,024   7421549,4.47%, 7/19/2025  1/24/2024   3,887    3,885 
 336   7421743,6.18%, 7/19/2025  1/24/2024   331    303 
 25,192   7419560,4.47%, 7/19/2025  1/24/2024   24,209    24,669 
 1,488   7420954,5.01%, 7/19/2025  1/24/2024   1,436    1,441 
 10,364   7420386,6.05%, 7/19/2025  1/24/2024   10,118    9,818 
 1,425   7421414,5.37%, 7/19/2025  1/24/2024   1,370    1,376 
 8,799   7421963,4.57%, 7/19/2025  1/24/2024   8,733    8,444 
 621   7420713,4.57%, 7/19/2025  1/24/2024   598    605 
 2,599   7420578,5.55%, 7/19/2025  1/24/2024   2,515    2,493 
 8,010   7421746,5.37%, 7/19/2025  1/24/2024   7,862    5,424 
 6,370   7420682,6.05%, 7/19/2025  1/24/2024   6,206    6,034 
 6,815   7419470,5.80%, 7/19/2025  1/24/2024   6,642    6,347 
 3,598   7419971,5.00%, 7/19/2025  1/24/2024   3,494    3,347 
 734   7420611,5.55%, 7/19/2025  1/24/2024   687    724 
 2,137   7420836,4.48%, 7/19/2025  1/24/2024   2,061    2,082 
 5,957   7420785,4.75%, 7/19/2025  1/24/2024   5,751    5,765 
 8,697   7420981,5.19%, 7/19/2025  1/24/2024   8,509    6,527 
 3,226   7421691,5.37%, 7/19/2025  1/24/2024   3,001    3,180 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024119

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,550   7421362,4.75%, 7/19/2025  1/24/2024  $4,390   $4,420 
 3,501   7419412,5.00%, 7/19/2025  1/24/2024   3,372    3,398 
 14,454   7421427,5.37%, 7/19/2025  1/24/2024   14,036    13,656 
 1,600   7422280,4.99%, 7/19/2025  1/24/2024   1,533    1,567 
 2,054   7422314,5.24%, 7/19/2025  1/24/2024   2,044    1,569 
 6,585   7421309,5.95%, 7/19/2025  1/24/2024   6,487    6,130 
 5,580   7422156,5.80%, 7/19/2025  1/24/2024   5,308    5,461 
 3,350   7421396,4.75%, 7/19/2025  1/24/2024   3,254    3,164 
 3,522   7420903,5.19%, 7/19/2025  1/24/2024   3,410    3,366 
 3,559   7419248,5.56%, 7/19/2025  1/24/2024   3,278    3,512 
 6,038   7420523,5.56%, 7/19/2025  1/24/2024   5,913    5,078 
 2,932   7419929,5.19%, 7/19/2025  1/24/2024   2,845    2,753 
 12,703   7422544,4.75%, 7/20/2025  1/25/2024   12,193    12,400 
 2,670   7422632,4.75%, 7/20/2025  1/25/2024   2,582    2,566 
 3,464   7422527,4.75%, 7/20/2025  1/25/2024   3,384    2,879 
 2,096   7422520,4.47%, 7/20/2025  1/25/2024   2,015    2,047 
 1,124   7422483,5.38%, 7/20/2025  1/25/2024   1,085    1,086 
 3,101   7422709,4.47%, 7/20/2025  1/25/2024   2,991    3,019 
 3,002   7422896,4.75%, 7/20/2025  1/25/2024   2,888    2,923 
 3,136   7422808,5.56%, 7/20/2025  1/25/2024   3,055    2,858 
 3,353   7422646,5.00%, 7/20/2025  1/25/2024   3,238    3,229 
 7,844   7422664,5.80%, 7/20/2025  1/25/2024   7,601    7,478 
 3,955   7422835,6.20%, 7/20/2025  1/25/2024   3,901    2,864 
 3,562   7422957,5.56%, 7/20/2025  1/25/2024   3,414    3,473 
 473   7422622,5.93%, 7/20/2025  1/25/2024   466    441 
 452   7422450,6.20%, 7/20/2025  1/25/2024   401    443 
 947   7422658,6.21%, 7/20/2025  1/25/2024   935    707 
 819   7422911,5.25%, 7/20/2025  1/25/2024   799    803 
 7,425   7422992,6.20%, 7/20/2025  1/25/2024   7,208    7,133 
 2,039   7422489,5.00%, 7/20/2025  1/25/2024   1,963    1,986 
 3,943   7422854,5.19%, 7/20/2025  1/25/2024   3,786    3,831 
 4,740   7423129,6.05%, 7/20/2025  1/25/2024   4,551    4,606 
 4,243   7422927,4.47%, 7/20/2025  1/25/2024   4,080    4,154 
 6,931   7423081,5.25%, 7/20/2025(e)  1/25/2024   6,848    6,364 
 1,949   7422734,5.96%, 7/20/2025  1/25/2024   1,933    1,348 
 4,256   7422500,4.76%, 7/20/2025  1/25/2024   4,107    4,120 
 6,654   7423218,5.79%, 7/21/2025  1/25/2024   6,554    3,962 
 6,545   7423410,5.36%, 7/21/2025  1/25/2024   6,424    4,411 
 3,143   7423321,5.00%, 7/21/2025  1/25/2024   3,041    2,986 
 3,775   7423392,4.47%, 7/21/2025  1/25/2024   3,633    3,695 
 12,624   7423735,4.47%, 7/21/2025  1/25/2024   12,060    12,425 
 1,347   7423277,5.35%, 7/21/2025  1/25/2024   1,315    957 
 5,096   7423248,4.47%, 7/21/2025  1/25/2024   4,904    4,988 
 19,949   7423437,4.47%, 7/21/2025  1/25/2024   19,108    19,621 

 

See Notes to Financial Statements. 
120(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,158   7423584,5.79%, 7/21/2025  1/25/2024  $5,909   $5,991 
 3,311   7423654,4.47%, 7/21/2025  1/25/2024   3,182    3,247 
 1,302   7423185,6.04%, 7/21/2025  1/25/2024   1,250    1,267 
 2,984   7423425,4.47%, 7/21/2025  1/25/2024   2,894    2,736 
 6,623   7423340,4.47%, 7/21/2025  1/25/2024   6,369    6,482 
 1,624   7423266,5.17%, 7/21/2025  1/25/2024   1,569    1,571 
 1,173   7423208,5.80%, 7/21/2025  1/25/2024   1,143    1,094 
 4,246   7423295,4.99%, 7/21/2025  1/25/2024   4,112    4,025 
 689   7423390,4.76%, 7/21/2025  1/25/2024   654    678 
 28   7426974,5.23%, 7/22/2025  1/25/2024   26    28 
 22,831   7425406,4.46%, 7/22/2025  1/25/2024   21,923    22,398 
 4,967   7426813,4.98%, 7/22/2025  1/25/2024   4,806    4,714 
 608   7426888,4.52%, 7/22/2025(e)  1/25/2024   607    198 
 49,217   7426217,4.74%, 7/22/2025  1/25/2024   47,210    48,131 
 857   7425150,5.78%, 7/22/2025  1/25/2024   826    833 
 1,190   7423840,5.55%, 7/22/2025  1/25/2024   1,147    1,154 
 6,819   7427040,5.35%, 7/22/2025  1/25/2024   6,555    6,628 
 55,170   7427159,5.17%, 7/22/2025  1/25/2024   53,358    52,829 
 3,158   7426186,5.35%, 7/22/2025  1/25/2024   3,083    2,808 
 23,009   7425963,4.74%, 7/22/2025  1/25/2024   22,137    22,476 
 8,199   7425881,5.35%, 7/22/2025  1/25/2024   7,977    7,628 
 3,568   7427009,4.46%, 7/22/2025  1/25/2024   3,435    3,489 
 1,219   7426776,5.17%, 7/22/2025  1/25/2024   1,172    1,184 
 782   7426147,5.54%, 7/22/2025  1/25/2024   749    755 
 3,530   7425095,4.74%, 7/22/2025  1/25/2024   3,416    3,429 
 3,214   7425917,4.73%, 7/22/2025  1/25/2024   3,099    3,120 
 3,606   7427086,5.35%, 7/22/2025  1/25/2024   3,476    3,492 
 1,336   7426210,6.03%, 7/22/2025  1/25/2024   1,295    1,283 
 14,191   7423855,5.35%, 7/22/2025  1/25/2024   13,712    13,639 
 9,247   7424915,5.35%, 7/22/2025  1/25/2024   9,055    6,542 
 1,517   7426156,5.35%, 7/22/2025  1/25/2024   1,456    1,475 
 8,016   7424701,4.74%, 7/22/2025  1/25/2024   7,748    7,709 
 5,053   7426889,4.46%, 7/22/2025  1/25/2024   4,821    4,977 
 2,552   7424467,5.54%, 7/22/2025  1/25/2024   2,445    2,486 
 6,004   7425791,4.46%, 7/22/2025  1/25/2024   5,771    5,889 
 1,411   7425876,4.73%, 7/22/2025  1/25/2024   1,359    1,373 
 1,241   7425844,5.54%, 7/22/2025  1/25/2024   1,145    1,227 
 38,571   7425582,4.74%, 7/22/2025  1/25/2024   37,384    36,609 
 2,769   7426152,5.53%, 7/22/2025  1/25/2024   2,712    2,346 
 940   7429190,5.78%, 7/23/2025  1/26/2024   896    919 
 7,341   7427599,4.46%, 7/23/2025  1/26/2024   7,059    7,186 
 714   7428821,5.36%, 7/23/2025  1/26/2024   686    694 
 4,857   7429194,5.17%, 7/23/2025  1/26/2024   4,665    4,718 
 3,724   7430401,4.74%, 7/23/2025  1/26/2024   3,567    3,646 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024121

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$14,708   7430442,5.35%, 7/23/2025  1/26/2024  $13,838   $14,449 
 1,706   7427435,4.46%, 7/23/2025  1/26/2024   1,644    1,666 
 5,829   7430123,4.46%, 7/23/2025  1/26/2024   5,564    5,729 
 14,812   7429940,5.35%, 7/23/2025  1/26/2024   14,135    14,489 
 4,810   7427921,5.93%, 7/23/2025  1/26/2024   4,713    4,618 
 6,813   7428847,4.98%, 7/23/2025  1/26/2024   6,483    6,699 
 2,939   7429524,4.74%, 7/23/2025  1/26/2024   2,813    2,880 
 2,704   7429811,5.16%, 7/23/2025  1/26/2024   2,580    2,647 
 1,624   7427890,4.46%, 7/23/2025  1/26/2024   1,575    1,490 
 1,496   7429264,5.78%, 7/23/2025  1/26/2024   1,431    1,453 
 2,157   7429927,5.78%, 7/23/2025  1/26/2024   2,100    2,042 
 4,358   7427442,5.78%, 7/23/2025  1/26/2024   4,242    4,127 
 5,699   7427674,4.46%, 7/23/2025  1/26/2024   5,504    5,544 
 18,802   7428157,5.35%, 7/23/2025  1/26/2024   18,285    17,466 
 17,314   7427748,4.74%, 7/23/2025  1/26/2024   16,741    16,643 
 1,978   7427721,4.73%, 7/23/2025  1/26/2024   1,843    1,958 
 3,620   7429839,5.17%, 7/23/2025  1/26/2024   3,451    3,549 
 11,669   7428581,5.54%, 7/23/2025  1/26/2024   11,210    11,338 
 14,916   7428763,5.17%, 7/23/2025  1/26/2024   14,633    10,222 
 5,682   7429490,4.98%, 7/23/2025  1/26/2024   5,485    5,474 
 27,508   7429295,4.46%, 7/23/2025  1/26/2024   26,570    26,547 
 6,134   7429879,4.46%, 7/23/2025  1/26/2024   5,900    6,004 
 5,199   7430273,4.74%, 7/23/2025  1/26/2024   5,040    4,939 
 12,755   7430183,4.73%, 7/23/2025  1/26/2024   12,371    12,097 
 10,934   7430316,4.46%, 7/23/2025  1/26/2024   10,512    10,725 
 4,674   7432083,5.16%, 7/24/2025  1/29/2024   4,486    4,541 
 41   7431035,5.53%, 7/24/2025  1/29/2024   37    40 
 2,775   7431755,4.99%, 7/24/2025  1/29/2024   2,669    2,673 
 2,533   7431790,5.17%, 7/24/2025  1/29/2024   2,441    2,457 
 2,024   7433151,5.16%, 7/24/2025  1/29/2024   1,945    1,966 
 2,415   7432429,5.23%, 7/24/2025  1/29/2024   2,175    2,315 
 14,022   7430740,5.35%, 7/24/2025  1/29/2024   13,562    13,445 
 14,977   7432375,4.46%, 7/24/2025  1/29/2024   14,484    14,412 
 3,734   7432987,4.99%, 7/24/2025  1/29/2024   3,574    3,639 
 5,610   7430596,4.98%, 7/24/2025  1/29/2024   5,427    5,245 
 802   7430630,4.55%, 7/24/2025  1/29/2024   800    460 
 2,562   7430715,6.03%, 7/24/2025  1/29/2024   2,480    2,463 
 915   7431779,5.35%, 7/24/2025  1/29/2024   890    848 
 8,315   7431819,4.74%, 7/24/2025  1/29/2024   7,990    8,130 
 9,131   7431977,4.46%, 7/24/2025  1/29/2024   8,786    8,934 
 5,404   7432033,4.46%, 7/24/2025  1/29/2024   5,197    5,278 
 48,014   7433487,4.46%, 7/24/2025  1/29/2024   46,395    46,298 
 5,115   7433069,4.46%, 7/24/2025  1/29/2024   4,967    4,674 
 798   7430511,6.02%, 7/24/2025  1/29/2024   760    777 

 

See Notes to Financial Statements. 
122(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$890   7430665,5.80%, 7/24/2025  1/29/2024  $872   $735 
 548   7431200,5.17%, 7/24/2025  1/29/2024   531    524 
 566   7431155,5.22%, 7/24/2025  1/29/2024   559    520 
 11,376   7430545,4.46%, 7/24/2025  1/29/2024   10,973    11,070 
 14,185   7430667,5.54%, 7/24/2025  1/29/2024   13,755    13,263 
 17,631   7433176,5.17%, 7/24/2025  1/29/2024   16,831    17,203 
 722   7432368,4.52%, 7/24/2025(e)  1/29/2024   721    269 
 593   7432032,4.56%, 7/24/2025  1/29/2024   591    479 
 4,062   7430940,6.02%, 7/24/2025  1/29/2024   3,950    3,899 
 4,319   7431095,5.93%, 7/24/2025  1/29/2024   4,273    3,819 
 24,896   7431273,6.18%, 7/24/2025  1/29/2024   24,465    21,108 
 5,330   7432671,4.74%, 7/24/2025  1/29/2024   5,131    5,175 
 2,474   7432008,5.54%, 7/24/2025  1/29/2024   2,430    1,647 
 853   7432345,5.54%, 7/24/2025  1/29/2024   781    844 
 1,701   7433021,5.54%, 7/24/2025  1/29/2024   1,649    1,594 
 37,495   7432155,4.74%, 7/24/2025  1/29/2024   36,413    32,521 
 7,130   7431679,4.74%, 7/24/2025  1/29/2024   6,869    6,910 
 6,524   7431711,5.23%, 7/24/2025  1/29/2024   6,469    2,697 
 1,350   7431901,5.54%, 7/24/2025  1/29/2024   1,222    1,334 
 3,687   7432929,5.78%, 7/24/2025  1/29/2024   3,556    3,548 
 23,917   7432712,4.98%, 7/24/2025  1/29/2024   22,917    23,278 
 525   7430640,5.52%, 7/24/2025  1/29/2024   500    511 
 636   7433141,6.03%, 7/24/2025  1/29/2024   624    559 
 2,656   7436386,5.55%, 7/25/2025  1/30/2024   2,602    1,828 
 967   7436458,6.21%, 7/25/2025(e)  1/30/2024   946    910 
 852   7437489,5.24%, 7/25/2025  1/30/2024   847    546 
 1,264   7438252,4.75%, 7/25/2025  1/30/2024   1,220    1,216 
 4,499   7438464,5.56%, 7/25/2025  1/30/2024   4,398    3,845 
 4,427   7438388,5.19%, 7/25/2025  1/30/2024   4,303    4,024 
 5,622   7437411,5.00%, 7/25/2025  1/30/2024   5,390    5,480 
 404   7435519,5.57%, 7/25/2025  1/30/2024   384    396 
 4,700   7436635,4.76%, 7/25/2025  1/30/2024   4,491    4,605 
 385   7435553,5.18%, 7/25/2025  1/30/2024   356    382 
 50,899   7435682,5.37%, 7/25/2025  1/30/2024   49,363    47,446 
 8,137   7438856,4.75%, 7/25/2025  1/30/2024   7,824    7,919 
 4,610   7435612,5.25%, 7/25/2025  1/30/2024   4,552    4,364 
 37,926   7437613,5.00%, 7/25/2025  1/30/2024   36,273    37,120 
 8,716   7438266,4.47%, 7/25/2025  1/30/2024   8,412    8,470 
 4,995   7436520,4.75%, 7/25/2025  1/30/2024   4,815    4,840 
 41,364   7436721,5.19%, 7/25/2025  1/30/2024   39,883    39,949 
 11,581   7437494,5.56%, 7/25/2025  1/30/2024   11,278    10,559 
 32,219   7440208,4.75%, 7/26/2025  1/31/2024   30,889    31,499 
 3,808   7440657,5.19%, 7/26/2025  1/31/2024   3,686    3,594 
 3,038   7440685,5.01%, 7/26/2025  1/31/2024   2,888    2,979 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024123

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,890   7440963,4.48%, 7/26/2025  1/31/2024  $3,744   $3,800 
 347   7441278,5.27%, 7/26/2025  1/31/2024   343    333 
 11,888   7441981,4.47%, 7/26/2025  1/31/2024   11,474    11,451 
 42,733   7441489,4.75%, 7/26/2025(e)  1/31/2024   41,849    26,812 
 12,815   7440837,5.00%, 7/26/2025  1/31/2024   12,276    12,532 
 6,962   7438972,5.37%, 7/26/2025  1/31/2024   6,766    6,243 
 2,617   7439449,5.01%, 7/26/2025  1/31/2024   2,531    2,488 
 24,886   7440706,4.47%, 7/26/2025  1/31/2024   23,837    24,410 
 32,080   7440975,5.37%, 7/26/2025  1/31/2024   31,185    28,588 
 11,884   7442056,4.47%, 7/26/2025(e)  1/31/2024   11,420    11,638 
 1,697   7441754,6.06%, 7/26/2025  1/31/2024   1,658    1,472 
 676   7438968,5.95%, 7/26/2025  1/31/2024   667    597 
 456   7439496,6.05%, 7/26/2025  1/31/2024   444    433 
 2,099   7441948,4.99%, 7/26/2025  1/31/2024   2,045    1,688 
 1,544   7441749,4.75%, 7/26/2025(e)  1/31/2024   1,500    1,334 
 2,623   7439840,6.05%, 7/26/2025  1/31/2024   2,540    2,527 
 14,653   7440032,5.00%, 7/26/2025  1/31/2024   14,043    14,274 
 1,605   7440019,4.99%, 7/26/2025  1/31/2024   1,551    1,529 
 2,999   7440624,4.48%, 7/26/2025  1/31/2024   2,902    2,760 
 32,392   7439075,4.47%, 7/26/2025  1/31/2024   31,184    31,527 
 1,331   7441767,5.55%, 7/26/2025  1/31/2024   1,276    1,291 
 692   7441971,5.23%, 7/26/2025  1/31/2024   686    638 
 1,015   7442788,6.19%, 7/27/2025  2/1/2024   989    943 
 1,783   7442851,5.55%, 7/27/2025  2/1/2024   1,738    1,540 
 181   7442321,4.55%, 7/27/2025  2/1/2024   178    177 
 11,497   7442166,5.19%, 7/27/2025  2/1/2024   11,044    11,163 
 3,362   7442211,5.37%, 7/27/2025  2/1/2024   3,222    3,270 
 5,619   7442291,4.47%, 7/27/2025  2/1/2024   5,398    5,497 
 515   7442502,5.23%, 7/27/2025  2/1/2024   512    342 
 23,147   7442606,5.19%, 7/27/2025  2/1/2024   22,415    21,801 
 802   7442098,5.56%, 7/27/2025  2/1/2024   774    771 
 4,138   7442108,4.75%, 7/27/2025  2/1/2024   3,971    4,030 
 6,217   7442813,5.19%, 7/27/2025  2/1/2024   5,985    6,001 
 6,652   7442762,4.47%, 7/27/2025  2/1/2024   6,433    6,118 
 1,227   7442746,5.18%, 7/27/2025  2/1/2024   1,156    1,207 
 2,455   7442149,5.37%, 7/27/2025  2/1/2024   2,349    2,383 
 3,041   7442861,5.18%, 7/27/2025  2/1/2024   2,923    2,951 
 228   7442793,6.21%, 7/27/2025  2/1/2024   208    225 
 4,517   7442507,4.47%, 7/27/2025  2/1/2024   4,351    4,397 
 1,285   7443002,5.18%, 7/28/2025  2/1/2024   1,221    1,256 
 5,773   7443352,5.79%, 7/28/2025  2/1/2024   5,634    5,180 
 6,281   7443388,5.55%, 7/28/2025  2/1/2024   6,120    5,442 
 6,403   7443146,4.46%, 7/28/2025  2/1/2024   6,134    6,277 
 6,373   7443104,4.47%, 7/28/2025  2/1/2024   6,130    6,225 

 

See Notes to Financial Statements. 
124(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,513   7442891,6.20%, 7/28/2025  2/1/2024  $3,472   $1,761 
 1,416   7443275,4.46%, 7/28/2025  2/1/2024   1,349    1,392 
 1,210   7443015,5.16%, 7/28/2025  2/1/2024   1,167    1,159 
 2,562   7443302,5.18%, 7/28/2025  2/1/2024   2,456    2,488 
 2,353   7443055,5.55%, 7/28/2025  2/1/2024   2,158    2,319 
 2,566   7443283,5.18%, 7/28/2025  2/1/2024   2,461    2,492 
 16,212   7442900,5.18%, 7/28/2025  2/1/2024   15,708    15,218 
 423   7443136,5.37%, 7/28/2025  2/1/2024   395    416 
 308   7443479,5.54%, 7/28/2025  2/1/2024   287    302 
 2,785   7443373,5.18%, 7/28/2025  2/1/2024   2,696    2,659 
 4,980   7443221,5.54%, 7/28/2025  2/1/2024   4,685    4,892 
 4,022   7443199,4.56%, 7/28/2025  2/1/2024   4,009    2,415 
 1,910   7442881,4.99%, 7/28/2025  2/1/2024   1,838    1,838 
 779   7443096,4.57%, 7/28/2025  2/1/2024   776    640 
 2,686   7443336,6.18%, 7/28/2025  2/1/2024   2,644    2,011 
 2,546   7443424,4.47%, 7/28/2025  2/1/2024   2,421    2,508 
 4,235   7443439,4.75%, 7/28/2025  2/1/2024   4,017    4,163 
 663   7443486,5.18%, 7/28/2025  2/1/2024   597    659 
 8,476   7447376,5.35%, 7/29/2025  2/1/2024   8,230    7,616 
 771   7446726,4.73%, 7/29/2025  2/1/2024   735    757 
 1,020   7447455,5.93%, 7/29/2025  2/1/2024   998    972 
 904   7447157,6.03%, 7/29/2025  2/1/2024   851    880 
 1,531   7446859,4.46%, 7/29/2025  2/1/2024   1,482    1,409 
 2,427   7445480,5.36%, 7/29/2025  2/1/2024   2,317    2,374 
 1,261   7445014,4.74%, 7/29/2025  2/1/2024   1,213    1,227 
 8,059   7446071,4.98%, 7/29/2025  2/1/2024   7,620    7,928 
 1,669   7446689,5.18%, 7/29/2025  2/1/2024   1,618    1,569 
 387   7446735,5.52%, 7/29/2025  2/1/2024   357    381 
 15,664   7447283,5.54%, 7/29/2025  2/1/2024   15,321    10,959 
 4,464   7445945,5.35%, 7/29/2025  2/1/2024   4,171    4,391 
 5,867   7446810,4.46%, 7/29/2025  2/1/2024   5,675    5,401 
 22,011   7446338,4.98%, 7/29/2025  2/1/2024   21,099    21,440 
 2,001   7446750,6.02%, 7/29/2025  2/1/2024   1,946    1,898 
 6,649   7445731,5.35%, 7/29/2025  2/1/2024   6,450    6,201 
 11,055   7445515,4.46%, 7/29/2025  2/1/2024   10,658    10,752 
 4,160   7447414,4.55%, 7/29/2025  2/1/2024   4,137    3,812 
 472   7447279,5.36%, 7/29/2025  2/1/2024   437    466 
 10,949   7446441,5.17%, 7/29/2025  2/1/2024   10,653    9,880 
 1,985   7446038,5.93%, 7/29/2025  2/1/2024   1,928    1,921 
 6,360   7445858,5.16%, 7/29/2025  2/1/2024   6,151    6,078 
 41,585   7447472,4.98%, 7/29/2025  2/1/2024   39,708    40,648 
 4,940   7445980,4.55%, 7/29/2025  2/1/2024   4,920    4,057 
 5,301   7446867,5.17%, 7/29/2025  2/1/2024   5,088    5,144 
 834   7445903,5.00%, 7/29/2025  2/1/2024   794    819 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024125

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,135   7445603,4.45%, 7/29/2025  2/1/2024  $4,950   $4,996 
 2,745   7446999,5.17%, 7/29/2025  2/1/2024   2,560    2,675 
 6,579   7447064,5.78%, 7/29/2025  2/1/2024   6,246    6,437 
 17,802   7446259,4.98%, 7/29/2025  2/1/2024   17,260    16,659 
 316   7446432,5.78%, 7/29/2025  2/1/2024   290    312 
 2,029   7446471,5.17%, 7/29/2025  2/1/2024   1,944    1,973 
 1,771   7445889,5.93%, 7/29/2025(e)  2/1/2024   1,759    323 
 4,997   7444327,4.46%, 7/29/2025  2/1/2024   4,758    4,923 
 8,164   7446908,4.74%, 7/29/2025  2/1/2024   7,862    7,907 
 17,324   7447174,5.54%, 7/29/2025  2/1/2024   16,753    16,458 
 596   7446864,4.56%, 7/29/2025  2/1/2024   592    568 
 7,794   7445794,5.35%, 7/29/2025  2/1/2024   7,538    7,385 
 2,239   7446229,5.78%, 7/29/2025  2/1/2024   2,130    2,188 
 1,583   7446177,6.03%, 7/29/2025  2/1/2024   1,529    1,521 
 4,100   7446927,5.22%, 7/29/2025  2/1/2024   4,079    1,764 
 5,289   7445170,4.46%, 7/29/2025  2/1/2024   5,116    4,873 
 11,636   7444623,4.46%, 7/29/2025  2/1/2024   10,952    11,493 
 1,547   7445676,5.17%, 7/29/2025  2/1/2024   1,397    1,533 
 242   7446422,5.93%, 7/29/2025  2/1/2024   234    235 
 5,380   7449450,6.18%, 7/30/2025(e)  2/2/2024   5,327    2,097 
 14,898   7449529,5.35%, 7/30/2025  2/2/2024   14,422    13,886 
 36,210   7449984,4.46%, 7/30/2025  2/2/2024   34,612    35,600 
 144   7447857,4.46%, 7/30/2025  2/2/2024   135    143 
 16,398   7449324,4.74%, 7/30/2025  2/2/2024   15,869    15,548 
 4,620   7450353,5.17%, 7/30/2025  2/2/2024   4,407    4,512 
 5,796   7449223,5.17%, 7/30/2025  2/2/2024   5,525    5,661 
 24,573   7451024,4.74%, 7/30/2025  2/2/2024   23,088    24,277 
 7,458   7448716,4.46%, 7/30/2025  2/2/2024   7,229    6,840 
 52,247   7450380,4.74%, 7/30/2025  2/2/2024   50,776    45,061 
 5,253   7449273,4.46%, 7/30/2025  2/2/2024   5,010    5,173 
 1,146   7449745,4.73%, 7/30/2025  2/2/2024   1,071    1,133 
 794   7449472,5.78%, 7/30/2025  2/2/2024   714    780 
 9,871   7450247,5.54%, 7/30/2025  2/2/2024   9,327    9,676 
 1,901   7449980,5.18%, 7/30/2025  2/2/2024   1,839    1,796 
 2,701   7448330,4.98%, 7/30/2025  2/2/2024   2,600    2,600 
 29,621   7448037,5.78%, 7/30/2025  2/2/2024   29,098    18,098 
 32,228   7449747,4.46%, 7/30/2025  2/2/2024   31,075    31,079 
 42,549   7449606,4.46%, 7/30/2025  2/2/2024   41,131    39,256 
 550   7449067,5.78%, 7/30/2025  2/2/2024   523    538 
 10,659   7447728,5.35%, 7/30/2025  2/2/2024   10,156    10,415 
 14,275   7449088,4.46%, 7/30/2025  2/2/2024   13,876    12,827 
 4,057   7448371,5.23%, 7/30/2025  2/2/2024   4,032    2,720 
 14,146   7450764,5.54%, 7/30/2025  2/2/2024   13,399    13,870 
 14,404   7447881,4.98%, 7/30/2025  2/2/2024   13,804    14,042 

 

See Notes to Financial Statements. 
126(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,738   7450744,5.17%, 7/30/2025  2/2/2024  $3,572   $3,651 
 4,040   7449972,4.74%, 7/30/2025  2/2/2024   3,938    3,404 
 4,514   7448256,4.73%, 7/30/2025  2/2/2024   4,351    4,328 
 4,791   7449292,5.35%, 7/30/2025  2/2/2024   4,645    4,473 
 241   7452674,5.97%, 7/31/2025  2/5/2024   235    232 
 67,675   7453857,4.46%, 7/31/2025  2/5/2024   65,114    65,764 
 5,637   7452266,4.74%, 7/31/2025  2/5/2024   5,460    4,900 
 2,249   7451479,4.98%, 7/31/2025  2/5/2024   2,159    2,166 
 25,515   7452685,5.35%, 7/31/2025  2/5/2024   24,657    23,697 
 3,135   7453103,5.35%, 7/31/2025  2/5/2024   3,023    3,008 
 5,633   7453429,5.17%, 7/31/2025  2/5/2024   5,419    5,440 
 2,430   7452632,5.17%, 7/31/2025  2/5/2024   2,298    2,376 
 2,282   7452236,5.53%, 7/31/2025  2/5/2024   2,196    2,191 
 10,670   7451184,6.03%, 7/31/2025  2/5/2024   10,484    6,181 
 5,109   7453389,4.55%, 7/31/2025  2/5/2024   5,085    3,102 
 16,240   7453533,5.17%, 7/31/2025  2/5/2024   15,729    15,306 
 60,771   7452766,4.98%, 7/31/2025  2/5/2024   58,799    56,964 
 3,252   7453046,6.02%, 7/31/2025  2/5/2024   3,184    2,862 
 2,927   7453802,5.17%, 7/31/2025  2/5/2024   2,821    2,800 
 2,598   7453510,4.98%, 7/31/2025  2/5/2024   2,501    2,499 
 33,834   7452336,4.46%, 7/31/2025  2/5/2024   32,301    33,217 
 5,596   7451753,4.74%, 7/31/2025  2/5/2024   5,327    5,497 
 2,259   7453694,5.35%, 7/31/2025  2/5/2024   2,178    2,169 
 1,734   7451150,5.16%, 7/31/2025  2/5/2024   1,632    1,704 
 3,974   7451221,4.98%, 7/31/2025  2/5/2024   3,708    3,905 
 1,843   7451097,5.36%, 7/31/2025  2/5/2024   1,766    1,781 
 1,510   7451142,4.73%, 7/31/2025  2/5/2024   1,454    1,449 
 17,393   7453113,5.35%, 7/31/2025  2/5/2024   16,571    17,003 
 3,845   7458963,4.47%, 8/1/2025  2/6/2024   3,693    3,762 
 4,162   7456540,5.80%, 8/1/2025  2/6/2024   4,060    3,487 
 498   7458568,6.04%, 8/1/2025  2/6/2024   482    474 
 8,715   7456233,5.80%, 8/1/2025  2/6/2024   8,398    8,315 
 1,723   7457226,4.75%, 8/1/2025  2/6/2024   1,672    1,495 
 762   7456428,5.38%, 8/1/2025  2/6/2024   734    737 
 552   7458014,6.20%, 8/1/2025  2/6/2024   530    537 
 567   7457550,6.03%, 8/1/2025  2/6/2024   547    539 
 1,215   7459434,5.19%, 8/1/2025  2/6/2024   1,113    1,206 
 14,916   7458170,5.56%, 8/1/2025  2/6/2024   14,445    14,009 
 944   7456662,5.80%, 8/1/2025  2/6/2024   915    879 
 1,804   7457200,5.19%, 8/1/2025  2/6/2024   1,765    1,290 
 2,184   7457754,5.18%, 8/1/2025  2/6/2024   2,098    2,113 
 696   7456433,6.21%, 8/1/2025  2/6/2024   665    678 
 6,806   7457841,4.75%, 8/1/2025  2/6/2024   6,572    6,523 
 1,486   7457900,5.36%, 8/1/2025  2/6/2024   1,456    937 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024127

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$134   7459618,5.79%, 8/1/2025  2/6/2024  $121   $132 
 1,893   7458166,5.00%, 8/1/2025  2/6/2024   1,816    1,841 
 10,611   7459217,5.56%, 8/1/2025  2/6/2024   10,170    10,291 
 5,545   7458019,5.00%, 8/1/2025  2/6/2024   5,262    5,444 
 25,858   7458298,5.19%, 8/1/2025  2/6/2024   24,917    24,710 
 3,565   7457725,4.76%, 8/1/2025  2/6/2024   3,447    3,379 
 4,211   7459736,4.48%, 8/1/2025  2/6/2024   4,065    4,052 
 783   7456450,4.57%, 8/1/2025  2/6/2024   756    769 
 8,274   7457456,4.48%, 8/1/2025  2/6/2024   7,972    8,041 
 3,629   7457801,4.47%, 8/1/2025  2/6/2024   3,488    3,530 
 667   7458018,5.54%, 8/1/2025  2/6/2024   645    626 
 15,919   7456676,4.75%, 8/1/2025  2/6/2024   15,256    15,507 
 9,764   7458983,5.55%, 8/1/2025  2/6/2024   9,521    8,404 
 2,485   7457927,4.47%, 8/1/2025  2/6/2024   2,374    2,441 
 28,406   7458589,4.47%, 8/1/2025  2/6/2024   27,289    27,817 
 28,397   7456561,5.00%, 8/1/2025  2/6/2024   27,735    21,114 
 7,971   7457269,5.19%, 8/1/2025  2/6/2024   7,676    7,611 
 2,348   7458539,5.19%, 8/1/2025  2/6/2024   2,274    2,147 
 7,949   7459789,5.18%, 8/1/2025  2/6/2024   7,682    7,499 
 13,338   7458849,4.48%, 8/1/2025  2/6/2024   12,892    12,277 
 1,267   7457835,5.36%, 8/1/2025  2/6/2024   1,214    1,227 
 4,168   7458816,5.56%, 8/1/2025  2/6/2024   4,070    2,947 
 4,215   7458089,6.20%, 8/1/2025  2/6/2024   4,120    3,918 
 1,146   7459561,5.20%, 8/1/2025  2/6/2024   1,087    1,124 
 4,624   7457567,4.47%, 8/1/2025  2/6/2024   4,441    4,513 
 22,311   7459044,5.19%, 8/1/2025  2/6/2024   21,567    21,288 
 1,168   7461568,5.38%, 8/2/2025  2/7/2024   1,139    857 
 1,600   7462022,4.75%, 8/2/2025  2/7/2024   1,536    1,552 
 4,915   7461699,4.47%, 8/2/2025  2/7/2024   4,723    4,800 
 1,008   7461629,4.49%, 8/2/2025  2/7/2024   960    991 
 6,310   7460332,4.48%, 8/2/2025  2/7/2024   6,046    6,184 
 3,076   7461467,4.75%, 8/2/2025  2/7/2024   2,959    2,984 
 1,254   7462678,5.96%, 8/2/2025  2/7/2024   1,235    1,062 
 3,049   7462378,4.47%, 8/2/2025  2/7/2024   2,932    2,974 
 8,179   7462042,5.00%, 8/2/2025  2/7/2024   7,829    7,967 
 2,395   7461035,5.55%, 8/2/2025  2/7/2024   2,289    2,330 
 683   7461491,5.24%, 8/2/2025  2/7/2024   677    465 
 330   7461992,6.07%, 8/2/2025  2/7/2024   315    321 
 7,182   7461211,5.00%, 8/2/2025  2/7/2024   6,869    7,002 
 14,214   7461571,5.19%, 8/2/2025  2/7/2024   13,671    13,721 
 8,224   7461056,5.00%, 8/2/2025  2/7/2024   7,882    8,016 
 1,589   7461564,5.80%, 8/2/2025  2/7/2024   1,532    1,521 
 5,792   7460943,5.00%, 8/2/2025  2/7/2024   5,573    5,580 
 23,896   7462134,4.47%, 8/2/2025  2/7/2024   22,804    23,480 

 

See Notes to Financial Statements. 
128(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,277   7462030,4.57%, 8/2/2025  2/7/2024  $2,269   $1,369 
 3,660   7461615,5.19%, 8/2/2025  2/7/2024   3,554    2,880 
 3,486   7461969,5.00%, 8/2/2025  2/7/2024   3,327    3,407 
 12,688   7461648,5.56%, 8/2/2025  2/7/2024   12,236    12,083 
 1,881   7461949,4.75%, 8/2/2025  2/7/2024   1,784    1,846 
 820   7460183,6.20%, 8/2/2025  2/7/2024   749    808 
 2,162   7460245,6.20%, 8/2/2025  2/7/2024   2,066    2,103 
 5,222   7461494,5.56%, 8/2/2025  2/7/2024   4,982    5,062 
 15,189   7459896,4.48%, 8/2/2025  2/7/2024   14,482    14,930 
 20,691   7461343,5.80%, 8/2/2025  2/7/2024   20,082    19,326 
 12,999   7461526,5.56%, 8/2/2025  2/7/2024   12,697    9,151 
 2,358   7461193,4.75%, 8/2/2025  2/7/2024   2,264    2,296 
 5,863   7462691,4.48%, 8/2/2025  2/7/2024   5,636    5,705 
 1,399   7461253,5.19%, 8/2/2025  2/7/2024   1,326    1,370 
 4,961   7460829,5.00%, 8/2/2025  2/7/2024   4,731    4,848 
 2,543   7461632,6.19%, 8/2/2025  2/7/2024   2,504    1,386 
 11,570   7461266,5.37%, 8/2/2025  2/7/2024   11,186    10,794 
 1,244   7460457,4.76%, 8/2/2025  2/7/2024   1,195    1,207 
 6,008   7461768,5.00%, 8/2/2025  2/7/2024   5,781    5,788 
 1,643   7462004,5.18%, 8/2/2025  2/7/2024   1,569    1,597 
 9,820   7461727,4.75%, 8/2/2025  2/7/2024   9,515    8,531 
 759   7462133,5.95%, 8/2/2025  2/7/2024   751    336 
 582   7462856,5.39%, 8/3/2025  2/8/2024   555    566 
 1,910   7462834,5.38%, 8/3/2025  2/8/2024   1,834    1,834 
 949   7463065,5.97%, 8/3/2025  2/8/2024   926    904 
 5,445   7462915,4.76%, 8/3/2025  2/8/2024   5,215    5,304 
 608   7463452,4.47%, 8/3/2025  2/8/2024   584    596 
 1,854   7463563,5.80%, 8/3/2025  2/8/2024   1,791    1,754 
 1,422   7463442,5.96%, 8/3/2025  2/8/2024   1,380    1,362 
 4,773   7463603,4.47%, 8/3/2025  2/8/2024   4,564    4,688 
 6,095   7462736,5.00%, 8/3/2025  2/8/2024   5,877    5,804 
 8,578   7463279,5.19%, 8/3/2025  2/8/2024   8,283    8,101 
 8,660   7463223,4.75%, 8/3/2025  2/8/2024   8,303    8,434 
 2,690   7463586,5.18%, 8/3/2025  2/8/2024   2,553    2,634 
 934   7463073,5.79%, 8/3/2025  2/8/2024   905    873 
 4,554   7463161,4.48%, 8/3/2025  2/8/2024   4,353    4,473 
 2,280   7463410,5.38%, 8/3/2025  2/8/2024   2,188    2,206 
 11,906   7463486,5.00%, 8/3/2025  2/8/2024   11,405    11,572 
 4,373   7463098,6.05%, 8/3/2025  2/8/2024   4,131    4,249 
 1,917   7462900,5.56%, 8/3/2025  2/8/2024   1,822    1,868 
 4,591   7462879,4.75%, 8/3/2025  2/8/2024   4,385    4,497 
 1,667   7462952,4.76%, 8/3/2025  2/8/2024   1,593    1,629 
 1,036   7462868,4.99%, 8/3/2025  2/8/2024   995    1,005 
 668   7462847,5.37%, 8/3/2025  2/8/2024   621    656 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024129

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,023   7462785,5.37%, 8/3/2025  2/8/2024  $9,660   $9,509 
 1,427   7463576,5.18%, 8/3/2025  2/8/2024   1,385    1,299 
 1,076   7463201,5.56%, 8/3/2025  2/8/2024   1,037    1,033 
 8,025   7462976,5.56%, 8/3/2025  2/8/2024   7,684    7,783 
 1,102   7462962,5.37%, 8/3/2025  2/8/2024   1,058    1,066 
 6,861   7463032,4.75%, 8/3/2025  2/8/2024   6,583    6,675 
 1,097   7463160,6.06%, 8/3/2025  2/8/2024   1,074    867 
 2,500   7463642,5.79%, 8/4/2025  2/8/2024   2,391    2,417 
 3,459   7463693,5.54%, 8/4/2025  2/8/2024   3,373    2,466 
 709   7463637,5.18%, 8/4/2025  2/8/2024   663    697 
 502   7464490,5.37%, 8/4/2025  2/8/2024   468    492 
 1,058   7464075,6.17%, 8/4/2025  2/8/2024   1,042    567 
 1,010   7463946,4.47%, 8/4/2025  2/8/2024   971    982 
 999   7464468,5.23%, 8/4/2025  2/8/2024   984    895 
 1,115   7464321,5.55%, 8/4/2025  2/8/2024   1,083    974 
 5,232   7463828,4.75%, 8/4/2025  2/8/2024   5,045    4,976 
 4,420   7464255,4.74%, 8/4/2025  2/8/2024   4,283    3,845 
 241   7464080,6.19%, 8/4/2025  2/8/2024   222    236 
 10,249   7464142,4.47%, 8/4/2025  2/8/2024   9,889    9,871 
 1,037   7464439,5.54%, 8/4/2025  2/8/2024   957    1,026 
 8,220   7464523,4.75%, 8/4/2025  2/8/2024   7,802    8,072 
 5,402   7464327,5.79%, 8/4/2025  2/8/2024   5,284    3,550 
 1,494   7463911,5.24%, 8/4/2025  2/8/2024   1,454    1,447 
 3,107   7463894,4.75%, 8/4/2025  2/8/2024   3,002    2,945 
 3,726   7463867,4.74%, 8/4/2025  2/8/2024   3,578    3,613 
 507   7463942,5.97%, 8/4/2025  2/8/2024   496    467 
 6,069   7463792,4.47%, 8/4/2025  2/8/2024   5,812    5,949 
 1,382   7464453,5.79%, 8/4/2025  2/8/2024   1,328    1,302 
 354   7468233,5.95%, 8/5/2025  2/8/2024   342    343 
 24,498   7466767,4.46%, 8/5/2025  2/8/2024   23,330    24,089 
 3,979   7465781,5.35%, 8/5/2025  2/8/2024   3,757    3,901 
 7,143   7468419,4.98%, 8/5/2025  2/8/2024   6,867    6,875 
 1,077   7466247,4.98%, 8/5/2025  2/8/2024   994    1,063 
 1,749   7466268,4.74%, 8/5/2025  2/8/2024   1,700    1,504 
 8,275   7464887,6.03%, 8/5/2025  2/8/2024   8,083    7,329 
 2,613   7465679,5.53%, 8/5/2025  2/8/2024   2,506    2,513 
 6,137   7466088,4.46%, 8/5/2025  2/8/2024   5,878    6,014 
 24,925   7466378,5.35%, 8/5/2025  2/8/2024   23,764    24,263 
 4,570   7465615,5.17%, 8/5/2025  2/8/2024   4,406    4,368 
 2,110   7466952,5.54%, 8/5/2025  2/8/2024   2,034    2,014 
 3,575   7465467,5.35%, 8/5/2025  2/8/2024   3,430    3,462 
 2,948   7466281,5.35%, 8/5/2025  2/8/2024   2,696    2,901 
 1,765   7466964,5.23%, 8/5/2025  2/8/2024   1,725    1,714 
 18,267   7465150,4.74%, 8/5/2025  2/8/2024   17,662    17,302 

 

See Notes to Financial Statements. 
130(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$140   7464994,4.57%, 8/5/2025  2/8/2024  $137   $135 
 1,198   7467704,5.34%, 8/5/2025  2/8/2024   1,160    1,115 
 3,047   7466201,4.99%, 8/5/2025  2/8/2024   2,933    2,930 
 52,548   7467108,5.54%, 8/5/2025  2/8/2024   51,101    47,962 
 2,394   7464864,4.74%, 8/5/2025  2/8/2024   2,295    2,331 
 6,560   7468458,4.46%, 8/5/2025  2/8/2024   6,357    5,990 
 1,267   7468382,5.53%, 8/5/2025  2/8/2024   1,204    1,236 
 7,807   7466694,4.46%, 8/5/2025  2/8/2024   7,558    7,169 
 690   7466734,4.53%, 8/5/2025  2/8/2024   688    274 
 3,275   7468286,4.45%, 8/5/2025  2/8/2024   3,144    3,183 
 779   7467579,5.94%, 8/5/2025  2/8/2024   761    743 
 61   7467931,5.65%, 8/5/2025  2/8/2024   59    60 
 4,865   7468300,4.74%, 8/5/2025  2/8/2024   4,545    4,805 
 2,899   7465852,4.73%, 8/5/2025  2/8/2024   2,752    2,844 
 1,671   7466021,5.24%, 8/5/2025  2/8/2024   1,654    1,467 
 956   7467670,4.97%, 8/5/2025  2/8/2024   912    935 
 18,051   7467752,4.74%, 8/5/2025  2/8/2024   17,372    17,479 
 11,761   7467052,4.74%, 8/5/2025  2/8/2024   11,383    11,126 
 12,636   7467932,4.73%, 8/5/2025  2/8/2024   12,182    12,124 
 1,302   7466270,5.00%, 8/5/2025  2/8/2024   1,249    1,266 
 3,960   7466156,5.54%, 8/5/2025  2/8/2024   3,870    2,771 
 2,601   7467693,6.03%, 8/5/2025  2/8/2024   2,524    2,437 
 742   7466188,5.35%, 8/5/2025  2/8/2024   708    722 
 1,467   7467603,4.75%, 8/5/2025  2/8/2024   1,394    1,438 
 768   7464947,5.37%, 8/5/2025  2/8/2024   739    735 
 76   7464987,5.91%, 8/5/2025  2/8/2024   65    75 
 947   7468018,4.54%, 8/5/2025  2/8/2024   943    704 
 5,383   7466030,4.74%, 8/5/2025  2/8/2024   5,150    5,259 
 7,298   7465936,5.17%, 8/5/2025  2/8/2024   7,022    7,043 
 4,079   7466998,4.98%, 8/5/2025  2/8/2024   3,780    4,035 
 661   7465655,5.75%, 8/5/2025  2/8/2024   640    628 
 33,987   7468691,4.98%, 8/6/2025  2/9/2024   32,775    32,293 
 17,083   7471064,4.98%, 8/6/2025  2/9/2024   16,412    16,564 
 7,588   7470512,4.74%, 8/6/2025  2/9/2024   7,307    7,302 
 21,077   7468597,4.98%, 8/6/2025  2/9/2024   20,535    16,606 
 15,758   7468989,4.74%, 8/6/2025  2/9/2024   15,008    15,452 
 13,996   7470455,6.18%, 8/6/2025  2/9/2024   13,770    7,712 
 2,027   7471342,5.24%, 8/6/2025  2/9/2024   2,012    1,365 
 2,153   7469331,5.53%, 8/6/2025  2/9/2024   2,055    2,091 
 1,680   7469268,5.36%, 8/6/2025  2/9/2024   1,615    1,613 
 2,150   7468581,4.56%, 8/6/2025  2/9/2024   2,143    807 
 17,507   7471198,4.46%, 8/6/2025  2/9/2024   16,852    16,872 
 11,957   7469822,5.17%, 8/6/2025  2/9/2024   11,485    11,545 
 5,836   7470919,4.55%, 8/6/2025  2/9/2024   5,784    5,497 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024131

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$877   7471326,4.54%, 8/6/2025  2/9/2024  $873   $661 
 10,252   7471353,4.46%, 8/6/2025  2/9/2024   9,865    9,961 
 8,127   7470798,4.46%, 8/6/2025  2/9/2024   7,610    8,038 
 11,285   7471414,4.74%, 8/6/2025  2/9/2024   10,653    11,124 
 14,196   7471268,4.73%, 8/6/2025  2/9/2024   13,671    13,630 
 10,152   7471155,5.35%, 8/6/2025  2/9/2024   9,840    9,159 
 13,249   7470189,5.35%, 8/6/2025  2/9/2024   12,827    12,349 
 2,345   7469771,4.98%, 8/6/2025  2/9/2024   2,239    2,283 
 26,485   7469360,5.17%, 8/6/2025  2/9/2024   25,693    24,094 
 2,353   7468560,5.53%, 8/6/2025  2/9/2024   2,247    2,286 
 3,453   7469781,4.74%, 8/6/2025  2/9/2024   3,323    3,317 
 5,662   7468487,4.73%, 8/6/2025  2/9/2024   5,449    5,477 
 122   7471350,5.78%, 8/6/2025  2/9/2024   112    120 
 6,220   7472552,4.74%, 8/7/2025  2/12/2024   5,994    5,905 
 35,796   7472678,5.17%, 8/7/2025  2/12/2024   34,555    33,676 
 56   7473225,5.22%, 8/7/2025  2/12/2024   52    56 
 2,605   7472384,4.46%, 8/7/2025  2/12/2024   2,485    2,556 
 5,015   7473775,5.54%, 8/7/2025  2/12/2024   4,813    4,827 
 14,631   7473813,4.74%, 8/7/2025  2/12/2024   14,040    14,159 
 13,948   7474312,6.03%, 8/7/2025  2/12/2024   13,557    12,437 
 26,744   7473536,4.98%, 8/7/2025  2/12/2024   25,635    25,916 
 1,473   7473394,4.75%, 8/7/2025  2/12/2024   1,398    1,448 
 1,586   7473266,4.74%, 8/7/2025  2/12/2024   1,536    1,388 
 3,312   7473142,5.17%, 8/7/2025  2/12/2024   3,121    3,249 
 21,778   7474100,4.46%, 8/7/2025  2/12/2024   21,017    20,132 
 7,297   7473082,5.53%, 8/7/2025  2/12/2024   7,023    6,862 
 9,325   7471714,4.74%, 8/7/2025  2/12/2024   8,965    9,056 
 3,563   7474520,4.98%, 8/7/2025  2/12/2024   3,392    3,484 
 2,953   7474494,5.17%, 8/7/2025  2/12/2024   2,832    2,864 
 12,149   7473424,4.98%, 8/7/2025  2/12/2024   11,640    11,780 
 5,524   7472605,5.78%, 8/7/2025  2/12/2024   5,362    5,009 
 1,574   7472184,5.17%, 8/7/2025  2/12/2024   1,507    1,528 
 9,854   7473176,5.35%, 8/7/2025  2/12/2024   9,574    8,850 
 2,461   7474573,4.73%, 8/7/2025  2/12/2024   2,378    2,332 
 8,313   7474710,4.46%, 8/7/2025  2/12/2024   8,015    7,998 
 6,439   7474586,4.73%, 8/7/2025  2/12/2024   6,059    6,358 
 39,676   7471803,4.98%, 8/7/2025  2/12/2024   38,474    32,480 
 6,703   7473013,4.74%, 8/7/2025  2/12/2024   6,410    6,544 
 1,092   7474288,6.02%, 8/7/2025  2/12/2024   1,039    1,034 
 1,681   7473750,5.77%, 8/7/2025  2/12/2024   1,646    1,067 
 15,132   7472217,4.74%, 8/7/2025  2/12/2024   14,635    13,233 
 269   7472434,5.53%, 8/7/2025  2/12/2024   249    265 
 36,299   7473872,4.98%, 8/7/2025  2/12/2024   34,740    35,260 
 993   7472971,4.97%, 8/7/2025  2/12/2024   930    977 

 

See Notes to Financial Statements. 
132(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$7,214   7472918,4.46%, 8/7/2025  2/12/2024  $6,932   $7,033 
 16,690   7473271,4.74%, 8/7/2025  2/12/2024   16,168    14,511 
 6,587   7473337,4.46%, 8/7/2025  2/12/2024   6,326    6,421 
 18,960   7474015,4.74%, 8/7/2025  2/12/2024   18,291    17,997 
 2,077   7473366,5.16%, 8/7/2025  2/12/2024   1,977    2,024 
 2,717   7474543,5.17%, 8/7/2025  2/12/2024   2,596    2,639 
 6,183   7474218,5.17%, 8/7/2025  2/12/2024   5,951    5,923 
 36,080   7474763,4.98%, 8/7/2025  2/12/2024   34,853    33,857 
 9,073   7474383,5.53%, 8/7/2025  2/12/2024   8,675    8,711 
 3,324   7472980,5.78%, 8/7/2025  2/12/2024   3,183    3,208 
 3,930   7473803,5.35%, 8/7/2025  2/12/2024   3,814    2,883 
 6,485   7473324,4.73%, 8/7/2025  2/12/2024   6,271    5,693 
 4,399   7473757,5.23%, 8/7/2025  2/12/2024   4,323    4,154 
 132   7474490,5.75%, 8/7/2025  2/12/2024   120    130 
 1,215   7474515,6.04%, 8/7/2025  2/12/2024   1,165    1,177 
 789   7473360,5.23%, 8/7/2025  2/12/2024   774    760 
 9,343   7479764,5.00%, 8/8/2025  2/13/2024   8,988    8,900 
 5,365   7476931,4.75%, 8/8/2025  2/13/2024   5,160    5,191 
 893   7479540,5.80%, 8/8/2025  2/13/2024   850    869 
 1,463   7479756,5.54%, 8/8/2025  2/13/2024   1,430    991 
 7,163   7479853,5.56%, 8/8/2025  2/13/2024   6,974    6,189 
 6,243   7478290,5.00%, 8/8/2025  2/13/2024   6,039    5,173 
 1,175   7477954,4.75%, 8/8/2025  2/13/2024   1,095    1,164 
 2,113   7479558,4.47%, 8/8/2025  2/13/2024   2,011    2,079 
 28,660   7479313,4.47%, 8/8/2025  2/13/2024   27,378    28,126 
 5,200   7477369,4.75%, 8/8/2025  2/13/2024   4,928    5,112 
 243   7476691,5.81%, 8/8/2025  2/13/2024   224    240 
 4,727   7477478,5.19%, 8/8/2025  2/13/2024   4,542    4,519 
 2,722   7479070,5.00%, 8/8/2025  2/13/2024   2,586    2,663 
 8,199   7479140,5.37%, 8/8/2025  2/13/2024   7,773    8,005 
 8,429   7477788,5.37%, 8/8/2025  2/13/2024   8,176    7,535 
 1,283   7476971,5.00%, 8/8/2025  2/13/2024   1,206    1,263 
 2,059   7476716,6.05%, 8/8/2025  2/13/2024   2,015    1,633 
 1,994   7476727,5.96%, 8/8/2025  2/13/2024   1,967    961 
 30,708   7476766,5.00%, 8/8/2025  2/13/2024   29,448    29,591 
 4,837   7477096,5.37%, 8/8/2025  2/13/2024   4,653    4,595 
 1,073   7477773,5.94%, 8/8/2025  2/13/2024   1,058    783 
 27,688   7478436,4.75%, 8/8/2025  2/13/2024   26,528    26,932 
 4,398   7479084,5.56%, 8/8/2025  2/13/2024   4,300    2,975 
 2,701   7479188,4.47%, 8/8/2025  2/13/2024   2,595    2,632 
 161   7477003,5.22%, 8/8/2025  2/13/2024   151    160 
 8,475   7478065,4.57%, 8/8/2025  2/13/2024   8,415    7,209 
 4,125   7478138,4.47%, 8/8/2025  2/13/2024   3,972    3,978 
 28,385   7478963,5.37%, 8/8/2025  2/13/2024   27,388    26,539 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024133

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$8,655   7479890,5.19%, 8/8/2025  2/13/2024  $8,198   $8,472 
 1,295   7479992,5.36%, 8/8/2025  2/13/2024   1,211    1,271 
 3,625   7477046,5.37%, 8/8/2025  2/13/2024   3,501    3,386 
 5,147   7479261,5.80%, 8/8/2025  2/13/2024   4,930    4,959 
 1,704   7476994,5.37%, 8/8/2025  2/13/2024   1,644    1,595 
 12,774   7478179,5.37%, 8/8/2025  2/13/2024   12,275    12,272 
 3,969   7477704,4.76%, 8/8/2025  2/13/2024   3,737    3,914 
 3,984   7477232,5.18%, 8/8/2025  2/13/2024   3,830    3,820 
 8,690   7477155,5.18%, 8/8/2025  2/13/2024   8,417    7,927 
 2,913   7479128,5.18%, 8/8/2025  2/13/2024   2,809    2,740 
 4,908   7477297,4.75%, 8/8/2025  2/13/2024   4,705    4,775 
 4,347   7478407,5.19%, 8/8/2025  2/13/2024   4,170    4,158 
 3,357   7478170,4.75%, 8/8/2025  2/13/2024   3,219    3,267 
 10,811   7481317,4.48%, 8/9/2025  2/14/2024   10,392    10,499 
 974   7480060,5.01%, 8/9/2025  2/14/2024   931    948 
 4,584   7481975,5.38%, 8/9/2025  2/14/2024   4,437    4,163 
 6,843   7481998,5.19%, 8/9/2025  2/14/2024   6,483    6,700 
 424   7482260,5.97%, 8/9/2025  2/14/2024   404    413 
 3,337   7481042,6.21%, 8/9/2025  2/14/2024   3,241    3,113 
 6,128   7482779,4.75%, 8/9/2025  2/14/2024   5,887    5,898 
 1,051   7481924,5.81%, 8/9/2025  2/14/2024   1,024    886 
 1,617   7482286,4.76%, 8/9/2025  2/14/2024   1,555    1,554 
 980   7481941,5.96%, 8/9/2025  2/14/2024   952    939 
 7,462   7482421,4.47%, 8/9/2025  2/14/2024   7,195    7,179 
 2,764   7480306,5.81%, 8/9/2025  2/14/2024   2,649    2,665 
 3,138   7482303,5.80%, 8/9/2025  2/14/2024   2,982    3,048 
 9,538   7481794,5.19%, 8/9/2025  2/14/2024   8,888    9,376 
 751   7481191,5.57%, 8/9/2025  2/14/2024   727    690 
 7,191   7482484,4.47%, 8/9/2025  2/14/2024   6,910    6,986 
 980   7482280,4.74%, 8/9/2025  2/14/2024   930    963 
 2,036   7481679,4.47%, 8/9/2025  2/14/2024   1,954    1,980 
 1,100   7481287,6.06%, 8/9/2025  2/14/2024   1,062    1,049 
 2,104   7482271,5.55%, 8/9/2025  2/14/2024   2,018    2,020 
 9,340   7481468,4.57%, 8/9/2025  2/14/2024   9,223    8,909 
 231   7482038,4.76%, 8/9/2025  2/14/2024   215    229 
 16,906   7483131,4.47%, 8/9/2025  2/14/2024   16,185    16,544 
 3,492   7480122,4.48%, 8/9/2025  2/14/2024   3,271    3,453 
 1,996   7481931,5.39%, 8/9/2025  2/14/2024   1,950    1,329 
 14,863   7480767,5.56%, 8/9/2025  2/14/2024   14,546    9,516 
 1,965   7481131,5.55%, 8/9/2025  2/14/2024   1,919    1,350 
 2,992   7482548,4.75%, 8/9/2025  2/14/2024   2,888    2,833 
 4,642   7481955,5.00%, 8/9/2025  2/14/2024   4,432    4,527 
 7,561   7482851,5.37%, 8/9/2025  2/14/2024   7,284    7,150 
 6,898   7482937,5.56%, 8/9/2025  2/14/2024   6,555    6,691 

 

See Notes to Financial Statements. 
134(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,386   7481172,5.38%, 8/9/2025  2/14/2024  $1,317   $1,355 
 3,188   7482290,4.57%, 8/9/2025  2/14/2024   3,165    2,707 
 9,247   7480426,4.75%, 8/9/2025  2/14/2024   8,881    8,952 
 6,472   7481759,5.00%, 8/9/2025  2/14/2024   6,117    6,356 
 3,447   7480392,5.19%, 8/9/2025  2/14/2024   3,359    2,592 
 22,860   7480531,4.47%, 8/9/2025  2/14/2024   21,979    22,210 
 1,421   7481730,4.57%, 8/9/2025  2/14/2024   1,370    1,400 
 19,863   7482643,5.19%, 8/9/2025  2/14/2024   19,076    19,047 
 5,446   7483474,4.47%, 8/10/2025  2/15/2024   5,220    5,312 
 13,286   7483182,5.00%, 8/10/2025  2/15/2024   12,752    12,799 
 1,227   7483729,5.01%, 8/10/2025  2/15/2024   1,156    1,204 
 7,992   7483918,4.47%, 8/10/2025  2/15/2024   7,663    7,813 
 2,574   7483659,4.47%, 8/10/2025  2/15/2024   2,408    2,546 
 5,710   7483765,4.47%, 8/10/2025  2/15/2024   5,506    5,275 
 1,704   7483677,5.19%, 8/10/2025  2/15/2024   1,605    1,671 
 3,050   7483383,4.75%, 8/10/2025  2/15/2024   2,921    2,953 
 2,400   7483601,4.57%, 8/10/2025  2/15/2024   2,382    2,038 
 19,962   7483270,4.47%, 8/10/2025  2/15/2024   19,136    19,453 
 507   7483254,6.04%, 8/10/2025  2/15/2024   488    482 
 1,285   7483587,5.19%, 8/10/2025  2/15/2024   1,230    1,241 
 1,230   7483578,5.36%, 8/10/2025  2/15/2024   1,163    1,200 
 15,256   7483519,5.37%, 8/10/2025  2/15/2024   14,774    13,747 
 11,372   7483397,4.75%, 8/10/2025  2/15/2024   10,949    10,756 
 4,942   7483736,5.56%, 8/10/2025  2/15/2024   4,731    4,750 
 3,695   7483499,4.47%, 8/10/2025  2/15/2024   3,539    3,613 
 3,061   7483261,4.75%, 8/10/2025  2/15/2024   2,939    2,944 
 5,948   7483611,5.37%, 8/10/2025  2/15/2024   5,639    5,782 
 9,402   7483879,5.19%, 8/10/2025  2/15/2024   9,049    8,630 
 6,920   7483684,5.19%, 8/10/2025  2/15/2024   6,646    6,627 
 1,660   7484561,5.54%, 8/11/2025  2/15/2024   1,579    1,614 
 1,019   7484401,5.54%, 8/11/2025  2/15/2024   935    1,005 
 512   7484247,5.22%, 8/11/2025  2/15/2024   505    468 
 12,447   7484569,4.74%, 8/11/2025  2/15/2024   11,861    12,155 
 11,366   7484677,4.74%, 8/11/2025  2/15/2024   10,866    11,096 
 1,794   7484369,4.47%, 8/11/2025  2/15/2024   1,724    1,742 
 2,879   7484763,4.99%, 8/11/2025  2/15/2024   2,757    2,772 
 8,300   7484129,5.54%, 8/11/2025  2/15/2024   8,000    7,798 
 684   7484267,4.56%, 8/11/2025  2/15/2024   654    673 
 1,135   7484121,5.79%, 8/11/2025  2/15/2024   1,100    1,031 
 4,938   7484295,5.36%, 8/11/2025  2/15/2024   4,701    4,786 
 25,959   7484425,4.47%, 8/11/2025  2/15/2024   24,904    25,290 
 2,690   7484378,4.99%, 8/11/2025  2/15/2024   2,510    2,654 
 592   7484639,5.56%, 8/11/2025  2/15/2024   546    585 
 15,057   7484059,5.36%, 8/11/2025  2/15/2024   14,657    11,095 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024135

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,374   7484338,4.47%, 8/11/2025  2/15/2024  $5,168   $5,182 
 2,550   7484179,4.74%, 8/11/2025  2/15/2024   2,443    2,482 
 746   7484398,4.58%, 8/11/2025  2/15/2024   741    573 
 2,201   7484238,4.99%, 8/11/2025  2/15/2024   2,101    2,143 
 19,124   7483963,5.36%, 8/11/2025  2/15/2024   18,494    17,306 
 4,577   7484253,6.04%, 8/11/2025  2/15/2024   4,494    2,475 
 8,767   7484197,5.24%, 8/11/2025  2/15/2024   8,657    7,722 
 3,467   7486584,5.54%, 8/12/2025  2/15/2024   3,269    3,400 
 2,380   7487736,6.03%, 8/12/2025  2/15/2024   2,251    2,310 
 2,074   7488061,4.97%, 8/12/2025  2/15/2024   2,024    1,411 
 1,533   7488067,6.01%, 8/12/2025  2/15/2024   1,507    648 
 1,218   7486791,5.53%, 8/12/2025  2/15/2024   1,127    1,200 
 2,181   7487724,5.17%, 8/12/2025  2/15/2024   2,106    2,010 
 1,679   7487745,4.98%, 8/12/2025  2/15/2024   1,606    1,629 
 16,714   7486923,5.35%, 8/12/2025  2/15/2024   16,186    15,109 
 13,217   7488084,5.35%, 8/12/2025  2/15/2024   12,639    12,791 
 2,577   7485089,5.17%, 8/12/2025  2/15/2024   2,452    2,509 
 9,323   7487478,4.74%, 8/12/2025  2/15/2024   8,790    9,196 
 16,324   7487566,6.18%, 8/12/2025  2/15/2024   15,855    15,207 
 4,755   7486201,5.17%, 8/12/2025  2/15/2024   4,537    4,633 
 18,826   7488186,5.35%, 8/12/2025  2/15/2024   17,764    18,413 
 389   7485084,5.55%, 8/12/2025  2/15/2024   364    382 
 3,625   7486414,4.74%, 8/12/2025  2/15/2024   3,474    3,508 
 2,798   7487308,4.98%, 8/12/2025  2/15/2024   2,661    2,729 
 5,366   7487254,4.46%, 8/12/2025  2/15/2024   5,156    5,212 
 2,115   7487171,5.53%, 8/12/2025  2/15/2024   2,052    1,849 
 3,932   7486788,5.17%, 8/12/2025  2/15/2024   3,769    3,797 
 452   7486706,5.35%, 8/12/2025  2/15/2024   420    444 
 615   7485670,5.23%, 8/12/2025  2/15/2024   605    558 
 4,372   7486854,5.78%, 8/12/2025  2/15/2024   4,124    4,280 
 4,669   7486813,5.35%, 8/12/2025  2/15/2024   4,486    4,475 
 9,749   7486256,4.98%, 8/12/2025  2/15/2024   9,428    8,087 
 28,695   7487801,6.03%, 8/12/2025  2/15/2024   27,652    27,291 
 258   7486812,6.05%, 8/12/2025  2/15/2024   237    254 
 8,723   7486658,4.46%, 8/12/2025  2/15/2024   8,410    8,066 
 10,173   7487360,5.17%, 8/12/2025  2/15/2024   9,838    9,368 
 3,160   7487002,4.46%, 8/12/2025  2/15/2024   3,034    3,072 
 2,100   7487767,4.73%, 8/12/2025  2/15/2024   2,009    2,050 
 586   7487735,4.52%, 8/12/2025  2/15/2024   583    370 
 6,503   7486461,5.17%, 8/12/2025  2/15/2024   6,211    6,337 
 64   7487342,6.05%, 8/12/2025  2/15/2024   63    61 
 10,162   7485966,4.74%, 8/12/2025  2/15/2024   9,690    9,922 
 7,097   7486121,5.17%, 8/12/2025  2/15/2024   6,837    6,693 
 1,677   7487702,5.16%, 8/12/2025  2/15/2024   1,606    1,619 

 

See Notes to Financial Statements. 
136(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,876   7485823,5.17%, 8/12/2025  2/15/2024  $10,496   $10,009 
 6,355   7485514,4.73%, 8/12/2025  2/15/2024   6,094    6,152 
 2,839   7487237,4.46%, 8/12/2025  2/15/2024   2,729    2,759 
 3,796   7487195,5.17%, 8/12/2025  2/15/2024   3,521    3,751 
 354   7485479,5.34%, 8/12/2025  2/15/2024   325    350 
 2,317   7485159,5.53%, 8/12/2025  2/15/2024   2,255    1,680 
 198   7485729,5.54%, 8/12/2025  2/15/2024   183    197 
 5,041   7486824,6.03%, 8/12/2025  2/15/2024   4,854    4,800 
 2,605   7486801,4.99%, 8/12/2025  2/15/2024   2,496    2,528 
 27,770   7487019,4.98%, 8/12/2025  2/15/2024   26,788    26,068 
 11,396   7486721,4.98%, 8/12/2025  2/15/2024   10,836    11,141 
 3,102   7485431,5.54%, 8/12/2025  2/15/2024   3,009    2,847 
 1,992   7488043,6.17%, 8/12/2025  2/15/2024   1,934    1,859 
 12,766   7485212,5.93%, 8/12/2025  2/15/2024   12,582    9,422 
 6,373   7486673,5.54%, 8/12/2025  2/15/2024   6,068    6,185 
 4,052   7485620,4.46%, 8/12/2025  2/15/2024   3,898    3,905 
 4,238   7486328,4.74%, 8/12/2025  2/15/2024   3,945    4,186 
 4,851   7487278,4.46%, 8/12/2025  2/15/2024   4,712    4,293 
 1,166   7486315,5.35%, 8/12/2025  2/15/2024   1,128    1,089 
 235   7487755,5.22%, 8/12/2025  2/15/2024   230    227 
 7,100   7486711,4.74%, 8/12/2025  2/15/2024   6,838    6,811 
 1,177   7488069,5.95%, 8/12/2025  2/15/2024   1,158    1,002 
 949   7486908,4.44%, 8/12/2025  2/15/2024   905    933 
 1,298   7486238,5.92%, 8/12/2025  2/15/2024   1,270    1,175 
 25,344   7490906,5.17%, 8/13/2025  2/16/2024   24,294    24,444 
 6,275   7490525,5.53%, 8/13/2025  2/16/2024   6,090    5,459 
 658   7490274,4.74%, 8/13/2025  2/16/2024   614    652 
 5,391   7488609,5.54%, 8/13/2025  2/16/2024   5,162    5,167 
 3,061   7489007,5.79%, 8/13/2025  2/16/2024   2,943    2,928 
 2,222   7490115,4.98%, 8/13/2025  2/16/2024   2,126    2,164 
 2,326   7490154,4.47%, 8/13/2025  2/16/2024   2,235    2,256 
 18,950   7490358,5.53%, 8/13/2025  2/16/2024   18,031    18,377 
 9,040   7488368,6.03%, 8/13/2025  2/16/2024   8,553    8,707 
 3,578   7488570,4.73%, 8/13/2025  2/16/2024   3,472    3,068 
 5,222   7490260,5.78%, 8/13/2025  2/16/2024   5,090    4,391 
 3,502   7490221,4.56%, 8/13/2025  2/16/2024   3,482    2,093 
 4,359   7490164,5.17%, 8/13/2025  2/16/2024   4,146    4,229 
 51,299   7491807,5.17%, 8/13/2025  2/16/2024   49,428    48,305 
 2,121   7490108,4.46%, 8/13/2025  2/16/2024   2,032    2,075 
 609   7490524,5.53%, 8/13/2025  2/16/2024   584    577 
 5,138   7488689,5.54%, 8/13/2025  2/16/2024   4,981    4,501 
 252   7489372,6.18%, 8/13/2025  2/16/2024   243    238 
 1,035   7490199,4.98%, 8/13/2025  2/16/2024   959    1,027 
 18,682   7490574,4.98%, 8/13/2025  2/16/2024   17,374    18,431 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024137

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,743   7489062,5.17%, 8/13/2025  2/16/2024  $3,615   $3,435 
 2,353   7489397,5.78%, 8/13/2025  2/16/2024   2,302    1,525 
 2,524   7490134,5.92%, 8/13/2025  2/16/2024   2,486    1,877 
 2,218   7488779,6.03%, 8/13/2025  2/16/2024   2,173    1,362 
 4,352   7491645,5.54%, 8/13/2025  2/16/2024   4,174    4,180 
 2,334   7491633,5.34%, 8/13/2025  2/16/2024   2,245    2,213 
 970   7490870,6.18%, 8/13/2025  2/16/2024   887    952 
 15,440   7490280,5.53%, 8/13/2025  2/16/2024   14,960    14,178 
 47,540   7491181,4.46%, 8/13/2025  2/16/2024   45,699    45,822 
 9,173   7490808,6.03%, 8/13/2025  2/16/2024   9,006    4,935 
 678   7490335,6.18%, 8/13/2025  2/16/2024   659    631 
 2,054   7490868,5.79%, 8/13/2025  2/16/2024   1,965    1,984 
 652   7488977,5.78%, 8/13/2025  2/16/2024   596    642 
 2,092   7488806,4.74%, 8/13/2025  2/16/2024   2,000    2,041 
 17,163   7491660,4.46%, 8/13/2025  2/16/2024   16,207    16,928 
 2,508   7490237,5.54%, 8/13/2025  2/16/2024   2,404    2,402 
 142   7490092,5.54%, 8/13/2025  2/16/2024   128    140 
 521   7491554,4.73%, 8/13/2025  2/16/2024   477    516 
 12,115   7489888,5.17%, 8/13/2025  2/16/2024   11,567    11,776 
 2,755   7491565,5.78%, 8/13/2025  2/16/2024   2,552    2,700 
 2,394   7490045,5.17%, 8/13/2025  2/16/2024   2,295    2,311 
 4,592   7488541,4.46%, 8/13/2025  2/16/2024   4,410    4,452 
 1,967   7489098,5.34%, 8/13/2025  2/16/2024   1,907    1,761 
 2,556   7490784,5.16%, 8/13/2025  2/16/2024   2,473    2,332 
 4,313   7491505,4.46%, 8/13/2025  2/16/2024   4,110    4,237 
 1,608   7495657,5.79%, 8/14/2025  2/20/2024   1,505    1,576 
 1,358   7492354,4.98%, 8/14/2025  2/20/2024   1,269    1,339 
 6,290   7494028,5.53%, 8/14/2025  2/20/2024   6,063    5,912 
 5,471   7493681,4.98%, 8/14/2025  2/20/2024   5,249    5,258 
 1,250   7495652,6.04%, 8/14/2025  2/20/2024   1,211    1,156 
 15,014   7493146,4.98%, 8/14/2025  2/20/2024   14,396    14,420 
 11,147   7492741,4.98%, 8/14/2025  2/20/2024   10,596    10,909 
 8,041   7495322,5.35%, 8/14/2025  2/20/2024   7,813    7,218 
 6,512   7493984,5.23%, 8/14/2025(e)  2/20/2024   6,465    1,060 
 1,205   7494072,5.54%, 8/14/2025  2/20/2024   1,164    1,146 
 11,410   7492196,4.46%, 8/14/2025  2/20/2024   10,985    10,989 
 10,062   7492037,5.35%, 8/14/2025  2/20/2024   9,691    9,370 
 747   7493745,4.54%, 8/14/2025  2/20/2024   739    673 
 13,086   7493774,4.98%, 8/14/2025  2/20/2024   12,693    10,395 
 4,389   7495024,5.17%, 8/14/2025  2/20/2024   4,212    4,194 
 1,307   7494060,5.94%, 8/14/2025  2/20/2024   1,285    998 
 1,203   7493133,5.18%, 8/14/2025  2/20/2024   1,148    1,166 
 1,694   7493440,4.54%, 8/14/2025  2/20/2024   1,684    682 
 4,935   7493499,4.46%, 8/14/2025  2/20/2024   4,618    4,888 

 

See Notes to Financial Statements. 
138(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$42,516   7494327,4.74%, 8/14/2025  2/20/2024  $40,177   $41,737 
 2,276   7494914,4.46%, 8/14/2025  2/20/2024   2,178    2,231 
 5,418   7495200,4.46%, 8/14/2025  2/20/2024   5,195    5,280 
 7,810   7492904,4.74%, 8/14/2025  2/20/2024   7,499    7,556 
 5,514   7493020,5.17%, 8/14/2025  2/20/2024   5,216    5,384 
 4,970   7493720,4.46%, 8/14/2025  2/20/2024   4,773    4,819 
 6,243   7494952,4.46%, 8/14/2025  2/20/2024   5,988    6,057 
 22,370   7495405,4.46%, 8/14/2025  2/20/2024   20,932    22,109 
 3,487   7494252,5.35%, 8/14/2025  2/20/2024   3,317    3,395 
 2,965   7494881,4.98%, 8/14/2025  2/20/2024   2,824    2,895 
 1,588   7495314,6.04%, 8/14/2025  2/20/2024   1,557    859 
 11,856   7492571,4.74%, 8/14/2025  2/20/2024   11,410    11,280 
 6,757   7493399,4.46%, 8/14/2025  2/20/2024   6,464    6,609 
 6,178   7492461,5.78%, 8/14/2025  2/20/2024   6,044    3,854 
 2,144   7493343,4.73%, 8/14/2025  2/20/2024   2,031    2,108 
 4,346   7492426,5.78%, 8/14/2025  2/20/2024   4,173    4,066 
 2,579   7495701,4.74%, 8/14/2025  2/20/2024   2,463    2,520 
 1,736   7494191,5.35%, 8/14/2025  2/20/2024   1,657    1,676 
 2,931   7492336,4.73%, 8/14/2025  2/20/2024   2,808    2,838 
 530   7492376,5.23%, 8/14/2025  2/20/2024   466    522 
 2,899   7492492,5.16%, 8/14/2025  2/20/2024   2,781    2,765 
 330   7493337,6.06%, 8/14/2025  2/20/2024   314    318 
 10,259   7493541,5.35%, 8/14/2025  2/20/2024   9,913    9,325 
 3,449   7493447,4.46%, 8/14/2025  2/20/2024   3,307    3,349 
 3,260   7493647,4.98%, 8/14/2025  2/20/2024   3,123    3,133 
 12,244   7501262,5.01%, 8/15/2025  2/21/2024   11,677    11,874 
 3,794   7500758,5.19%, 8/15/2025  2/21/2024   3,647    3,581 
 23,942   7502324,5.38%, 8/15/2025  2/21/2024   23,176    21,541 
 4,886   7500695,5.01%, 8/15/2025  2/21/2024   4,710    4,562 
 5,180   7501496,6.06%, 8/15/2025  2/21/2024   4,966    4,936 
 9,038   7502670,5.19%, 8/15/2025  2/21/2024   8,591    8,780 
 1,268   7500126,5.57%, 8/15/2025  2/21/2024   1,204    1,229 
 31,015   7502839,5.20%, 8/15/2025  2/21/2024   29,567    30,104 
 17,182   7503335,5.01%, 8/15/2025  2/21/2024   16,500    16,371 
 6,674   7501880,4.48%, 8/15/2025  2/21/2024   6,359    6,541 
 316   7501421,5.99%, 8/15/2025  2/21/2024   307    301 
 1,930   7500979,5.57%, 8/15/2025  2/21/2024   1,806    1,889 
 1,591   7501385,5.01%, 8/15/2025  2/21/2024   1,481    1,565 
 1,993   7500782,6.07%, 8/15/2025  2/21/2024   1,930    1,794 
 6,599   7500788,4.76%, 8/15/2025  2/21/2024   6,363    6,248 
 16,948   7503823,4.76%, 8/15/2025  2/21/2024   16,247    16,409 
 2,970   7502001,5.81%, 8/15/2025  2/21/2024   2,785    2,899 
 6,651   7501432,4.48%, 8/15/2025  2/21/2024   6,383    6,420 
 597   7501422,5.55%, 8/15/2025  2/21/2024   566    579 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024139

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,948   7501919,4.76%, 8/15/2025  2/21/2024  $2,824   $2,856 
 37,887   7500155,5.20%, 8/15/2025  2/21/2024   35,816    36,995 
 4,302   7502241,4.48%, 8/15/2025  2/21/2024   4,130    4,149 
 3,025   7501579,5.02%, 8/15/2025  2/21/2024   2,882    2,935 
 6,159   7500511,5.20%, 8/15/2025  2/21/2024   5,952    4,973 
 960   7501711,6.06%, 8/15/2025  2/21/2024   924    916 
 5,620   7501825,4.49%, 8/15/2025  2/21/2024   5,363    5,509 
 14,000   7502805,5.20%, 8/15/2025  2/21/2024   13,451    13,220 
 14,194   7503489,5.01%, 8/15/2025  2/21/2024   13,717    11,836 
 7,180   7500420,5.38%, 8/15/2025  2/21/2024   6,952    5,425 
 3,432   7501041,5.01%, 8/15/2025  2/21/2024   3,242    3,365 
 9,469   7501110,4.48%, 8/15/2025  2/21/2024   9,087    9,204 
 1,741   7501747,5.20%, 8/15/2025  2/21/2024   1,669    1,666 
 23,434   7502055,5.97%, 8/15/2025  2/21/2024   22,715    22,150 
 10,029   7502573,4.48%, 8/15/2025  2/21/2024   9,683    9,227 
 11,691   7503259,5.01%, 8/15/2025  2/21/2024   11,252    10,933 
 46,756   7504142,4.48%, 8/15/2025  2/21/2024   45,252    42,445 
 9,145   7500844,5.01%, 8/15/2025  2/21/2024   8,711    8,905 
 9,081   7500568,5.01%, 8/15/2025  2/21/2024   8,689    8,799 
 9,073   7504085,4.48%, 8/15/2025  2/21/2024   8,721    8,735 
 4,281   7503201,5.20%, 8/15/2025  2/21/2024   4,162    3,281 
 6,826   7502734,5.38%, 8/15/2025  2/21/2024   6,590    6,189 
 2,082   7503474,5.01%, 8/15/2025  2/21/2024   1,960    2,043 
 1,191   7504055,5.58%, 8/15/2025  2/21/2024   1,142    1,138 
 3,213   7503543,5.01%, 8/15/2025  2/21/2024   2,987    3,169 
 7,842   7502788,5.20%, 8/15/2025  2/21/2024   7,578    6,329 
 6,612   7501611,4.48%, 8/15/2025  2/21/2024   6,345    6,425 
 1,226   7501247,5.98%, 8/15/2025  2/21/2024   1,200    1,059 
 2,373   7501766,5.37%, 8/15/2025  2/21/2024   2,285    2,220 
 5,925   7503791,4.49%, 8/15/2025  2/21/2024   5,683    5,757 
 8,129   7500630,5.01%, 8/15/2025  2/21/2024   7,823    7,625 
 269   7501691,6.20%, 8/15/2025  2/21/2024   241    264 
 796   7504074,4.57%, 8/15/2025  2/21/2024   784    753 
 2,153   7504056,4.48%, 8/15/2025  2/21/2024   2,067    2,092 
 757   7501725,5.97%, 8/15/2025  2/21/2024   744    576 
 4,415   7502633,6.06%, 8/15/2025  2/21/2024   4,265    4,105 
 21,759   7502444,5.20%, 8/15/2025  2/21/2024   20,890    20,488 
 803   7503089,6.05%, 8/15/2025  2/21/2024   772    764 
 6,874   7504611,6.06%, 8/16/2025  2/22/2024   6,407    6,658 
 15,802   7505762,4.76%, 8/16/2025  2/22/2024   15,279    13,796 
 1,496   7505963,5.39%, 8/16/2025  2/22/2024   1,451    1,132 
 2,930   7506233,5.82%, 8/16/2025  2/22/2024   2,795    2,828 
 2,784   7506272,4.77%, 8/16/2025  2/22/2024   2,642    2,731 
 6,841   7506613,5.38%, 8/16/2025  2/22/2024   6,473    6,666 

 

See Notes to Financial Statements. 
140(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,019   7506943,5.25%, 8/16/2025  2/22/2024  $1,993   $1,465 
 5,265   7507043,4.76%, 8/16/2025  2/22/2024   4,975    5,181 
 34,662   7507439,5.81%, 8/16/2025  2/22/2024   33,028    33,445 
 1,058   7505002,5.55%, 8/16/2025  2/22/2024   1,021    978 
 1,705   7506130,5.56%, 8/16/2025  2/22/2024   1,621    1,652 
 1,674   7507054,4.76%, 8/16/2025  2/22/2024   1,603    1,620 
 7,703   7505218,4.48%, 8/16/2025  2/22/2024   7,394    7,424 
 312   7506098,5.28%, 8/16/2025  2/22/2024   302    299 
 595   7508380,6.21%, 8/16/2025  2/22/2024   572    570 
 4,771   7507408,5.97%, 8/16/2025  2/22/2024   4,651    4,426 
 4,070   7505697,5.02%, 8/16/2025  2/22/2024   3,937    3,367 
 2,042   7504847,5.37%, 8/16/2025  2/22/2024   1,930    1,990 
 21,131   7504863,5.01%, 8/16/2025  2/22/2024   20,433    17,528 
 87,480   7507906,6.06%, 8/16/2025  2/22/2024   85,477    53,603 
 1,216   7506938,6.05%, 8/16/2025  2/22/2024   1,156    1,165 
 626   7508680,6.05%, 8/16/2025  2/22/2024   571    615 
 24,562   7508393,6.21%, 8/16/2025  2/22/2024   23,608    23,529 
 4,416   7508660,5.38%, 8/16/2025  2/22/2024   4,286    3,311 
 21,679   7507094,5.01%, 8/16/2025  2/22/2024   20,120    21,425 
 5,960   7507061,5.97%, 8/16/2025  2/22/2024   5,804    5,521 
 4,762   7508173,5.56%, 8/16/2025  2/22/2024   4,623    3,495 
 1,347   7506338,6.21%, 8/16/2025  2/22/2024   1,310    1,231 
 2,537   7506309,5.01%, 8/16/2025  2/22/2024   2,441    2,382 
 39,000   7508698,5.57%, 8/16/2025  2/22/2024   37,404    37,091 
 5,692   7505374,5.38%, 8/16/2025  2/22/2024   5,499    5,164 
 7,892   7506688,5.01%, 8/16/2025  2/22/2024   7,543    7,644 
 10,430   7507713,5.57%, 8/16/2025  2/22/2024   9,976    9,943 
 7,539   7504529,4.48%, 8/16/2025  2/22/2024   7,230    7,342 
 1,984   7505440,4.48%, 8/16/2025  2/22/2024   1,896    1,942 
 1,040   7506110,5.36%, 8/16/2025  2/22/2024   996    999 
 9,194   7506483,5.57%, 8/16/2025  2/22/2024   8,780    8,823 
 23,394   7506962,4.48%, 8/16/2025  2/22/2024   22,630    21,205 
 29,192   7506742,5.01%, 8/16/2025  2/22/2024   27,869    28,215 
 1,940   7507819,4.76%, 8/16/2025  2/22/2024   1,852    1,885 
 1,568   7504762,5.02%, 8/16/2025  2/22/2024   1,485    1,535 
 6,726   7506420,5.82%, 8/16/2025  2/22/2024   6,328    6,546 
 5,853   7505977,6.06%, 8/16/2025  2/22/2024   5,603    5,562 
 3,894   7505306,5.38%, 8/16/2025  2/22/2024   3,656    3,809 
 3,998   7508190,5.38%, 8/16/2025  2/22/2024   3,699    3,929 
 1,539   7509109,5.81%, 8/17/2025  2/23/2024   1,473    1,473 
 1,971   7509591,5.20%, 8/17/2025  2/23/2024   1,873    1,922 
 425   7509578,5.40%, 8/17/2025  2/23/2024   405    413 
 986   7509985,5.56%, 8/17/2025  2/23/2024   939    946 
 10,689   7509942,5.20%, 8/17/2025  2/23/2024   10,186    10,321 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024141

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,005   7509564,5.56%, 8/17/2025  2/23/2024  $949   $974 
 12,269   7509696,4.76%, 8/17/2025  2/23/2024   11,762    11,872 
 3,070   7509494,6.21%, 8/17/2025  2/23/2024   2,990    2,461 
 4,825   7509057,5.20%, 8/17/2025  2/23/2024   4,558    4,727 
 11,975   7509898,5.01%, 8/17/2025  2/23/2024   11,560    10,049 
 780   7509870,5.37%, 8/17/2025  2/23/2024   747    739 
 1,255   7509118,5.56%, 8/17/2025  2/23/2024   1,196    1,193 
 7,122   7509826,5.38%, 8/17/2025  2/23/2024   6,806    6,838 
 2,117   7509769,4.76%, 8/17/2025  2/23/2024   2,034    2,014 
 16,413   7508946,5.38%, 8/17/2025  2/23/2024   15,713    15,739 
 6,447   7509462,4.48%, 8/17/2025  2/23/2024   6,158    6,314 
 4,339   7509094,5.01%, 8/17/2025  2/23/2024   4,176    4,065 
 2,126   7509249,5.19%, 8/17/2025  2/23/2024   2,034    2,049 
 8,335   7509518,4.76%, 8/17/2025  2/23/2024   8,020    7,919 
 1,782   7509875,5.01%, 8/17/2025  2/23/2024   1,679    1,748 
 6,897   7509208,4.48%, 8/17/2025  2/23/2024   6,570    6,770 
 721   7509892,5.27%, 8/17/2025  2/23/2024   713    345 
 6,129   7509263,5.19%, 8/17/2025  2/23/2024   5,959    4,615 
 1,684   7509865,4.48%, 8/17/2025  2/23/2024   1,616    1,636 
 632   7509284,5.03%, 8/17/2025  2/23/2024   589    621 
 1,722   7509454,5.01%, 8/17/2025  2/23/2024   1,672    1,365 
 14,393   7509601,4.76%, 8/17/2025  2/23/2024   13,747    13,911 
 4,517   7509783,5.57%, 8/17/2025  2/23/2024   4,290    4,272 
 1,343   7509874,5.98%, 8/17/2025  2/23/2024   1,319    1,014 
 7,868   7509991,5.38%, 8/17/2025  2/23/2024   7,564    7,389 
 9,816   7509296,5.38%, 8/17/2025  2/23/2024   9,421    9,296 
 570   7509596,6.04%, 8/17/2025  2/23/2024   542    544 
 5,105   7508889,6.06%, 8/17/2025  2/23/2024   4,963    4,192 
 435   7509692,5.58%, 8/17/2025  2/23/2024   406    424 
 12,488   7509120,5.01%, 8/17/2025  2/23/2024   11,950    12,026 
 1,932   7508926,5.37%, 8/17/2025  2/23/2024   1,834    1,845 
 1,430   7508912,5.57%, 8/17/2025  2/23/2024   1,346    1,390 
 3,648   7508858,5.20%, 8/17/2025  2/23/2024   3,492    3,479 
 10,956   7509402,4.76%, 8/17/2025  2/23/2024   10,457    10,669 
 2,648   7510896,4.75%, 8/18/2025  2/23/2024   2,550    2,516 
 527   7510504,5.57%, 8/18/2025  2/23/2024   497    514 
 18,099   7510045,5.19%, 8/18/2025  2/23/2024   17,137    17,684 
 1,444   7510563,5.24%, 8/18/2025  2/23/2024   1,403    1,395 
 2,263   7511013,5.37%, 8/18/2025  2/23/2024   2,056    2,197 
 3,731   7510709,5.37%, 8/18/2025  2/23/2024   3,599    3,394 
 1,743   7510784,5.55%, 8/18/2025  2/23/2024   1,674    1,639 
 1,272   7510733,5.79%, 8/18/2025  2/23/2024   1,220    1,205 
 7,215   7510506,4.48%, 8/18/2025  2/23/2024   6,956    6,670 
 3,548   7510797,5.80%, 8/18/2025  2/23/2024   3,414    3,323 

 

See Notes to Financial Statements. 
142(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,576   7510659,4.48%, 8/18/2025  2/23/2024  $2,477   $2,384 
 1,310   7510452,5.55%, 8/18/2025  2/23/2024   1,239    1,279 
 502   7510603,5.00%, 8/18/2025  2/23/2024   467    498 
 675   7510995,5.19%, 8/18/2025  2/23/2024   629    665 
 2,985   7510544,6.05%, 8/18/2025  2/23/2024   2,868    2,837 
 4,108   7510464,4.48%, 8/18/2025  2/23/2024   3,929    4,004 
 5,459   7510359,4.48%, 8/18/2025  2/23/2024   5,224    5,336 
 2,346   7510681,5.00%, 8/18/2025  2/23/2024   2,200    2,308 
 704   7510353,5.38%, 8/18/2025  2/23/2024   665    688 
 1,305   7510434,5.56%, 8/18/2025  2/23/2024   1,222    1,279 
 3,979   7510484,4.75%, 8/18/2025  2/23/2024   3,786    3,897 
 1,026   7510611,5.18%, 8/18/2025  2/23/2024   948    1,013 
 25,909   7510193,5.37%, 8/18/2025  2/23/2024   24,861    24,527 
 13,904   7510825,5.00%, 8/18/2025  2/23/2024   13,322    13,393 
 3,221   7510700,5.81%, 8/18/2025  2/23/2024   3,151    1,743 
 6,286   7510923,5.00%, 8/18/2025  2/23/2024   6,069    5,277 
 9,448   7510749,5.19%, 8/18/2025  2/23/2024   9,141    7,534 
 4,994   7510388,5.18%, 8/18/2025  2/23/2024   4,666    4,907 
 4,340   7510586,5.38%, 8/18/2025  2/23/2024   4,183    4,051 
 1,499   7510443,5.57%, 8/18/2025  2/23/2024   1,454    1,108 
 9,462   7510619,5.19%, 8/18/2025  2/23/2024   9,129    8,703 
 585   7510987,5.01%, 8/18/2025  2/23/2024   541    577 
 7,430   7510952,6.20%, 8/18/2025  2/23/2024   7,188    6,931 
 2,824   7510913,4.76%, 8/18/2025  2/23/2024   2,696    2,744 
 817   7510745,5.36%, 8/18/2025  2/23/2024   787    764 
 2,538   7510888,5.80%, 8/18/2025  2/23/2024   2,449    2,371 
 1,989   7511721,4.47%, 8/19/2025  2/23/2024   1,909    1,929 
 9,469   7511802,4.47%, 8/19/2025  2/23/2024   9,085    9,180 
 2,719   7511468,4.74%, 8/19/2025  2/23/2024   2,594    2,640 
 10,456   7511850,4.47%, 8/19/2025  2/23/2024   10,016    10,183 
 2,972   7511729,4.74%, 8/19/2025  2/23/2024   2,826    2,910 
 6,905   7511778,4.47%, 8/19/2025  2/23/2024   6,553    6,798 
 2,173   7511711,5.18%, 8/19/2025  2/23/2024   2,093    2,007 
 2,732   7511423,5.18%, 8/19/2025  2/23/2024   2,588    2,667 
 1,245   7512143,5.19%, 8/19/2025  2/23/2024   1,202    1,007 
 6,104   7512240,4.47%, 8/19/2025  2/23/2024   5,851    5,947 
 697   7512500,4.99%, 8/19/2025  2/23/2024   648    688 
 2,793   7512584,5.37%, 8/19/2025  2/23/2024   2,680    2,647 
 1,932   7511080,5.37%, 8/19/2025  2/23/2024   1,852    1,832 
 2,690   7511170,5.55%, 8/19/2025  2/23/2024   2,542    2,625 
 587   7511906,5.55%, 8/19/2025  2/23/2024   556    573 
 1,335   7512096,4.56%, 8/19/2025  2/23/2024   1,320    1,147 
 180   7511090,6.07%, 8/19/2025  2/23/2024   163    176 
 1,180   7511199,5.95%, 8/19/2025  2/23/2024   1,154    1,022 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024143

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,955   7512511,4.75%, 8/19/2025  2/23/2024  $5,667   $5,824 
 7,699   7512151,6.19%, 8/19/2025  2/23/2024   7,501    6,769 
 2,115   7511694,4.99%, 8/19/2025  2/23/2024   2,005    2,063 
 821   7511356,5.79%, 8/19/2025  2/23/2024   778    799 
 14,803   7511280,4.47%, 8/19/2025  2/23/2024   14,158    14,484 
 1,847   7511248,5.79%, 8/19/2025  2/23/2024   1,779    1,730 
 197   7512616,5.77%, 8/19/2025  2/23/2024   181    193 
 2,346   7511769,5.80%, 8/19/2025(e)  2/23/2024   2,299    577 
 29,204   7511570,5.36%, 8/19/2025  2/23/2024   27,823    28,293 
 1,773   7511500,4.46%, 8/19/2025  2/23/2024   1,695    1,735 
 3,274   7511438,5.37%, 8/19/2025  2/23/2024   3,106    3,186 
 9,767   7512198,4.47%, 8/19/2025  2/23/2024   9,335    9,549 
 1,699   7512600,4.57%, 8/19/2025  2/23/2024   1,680    1,484 
 402   7512092,6.20%, 8/19/2025  2/23/2024   387    376 
 425   7511765,5.56%, 8/19/2025  2/23/2024   390    419 
 5,563   7512105,4.99%, 8/19/2025  2/23/2024   5,265    5,441 
 4,422   7512270,5.54%, 8/19/2025  2/23/2024   4,292    3,261 
 5,452   7512778,4.99%, 8/19/2025  2/23/2024   5,246    5,109 
 4,167   7512480,4.47%, 8/19/2025  2/23/2024   4,000    4,015 
 2,613   7512409,4.47%, 8/19/2025  2/23/2024   2,495    2,559 
 17,836   7512285,5.36%, 8/19/2025  2/23/2024   16,852    17,399 
 3,624   7511738,5.18%, 8/19/2025  2/23/2024   3,470    3,471 
 26,454   7511937,4.74%, 8/19/2025  2/23/2024   25,248    25,795 
 10,090   7511911,4.99%, 8/19/2025  2/23/2024   9,680    9,626 
 2,854   7511483,5.18%, 8/19/2025  2/23/2024   2,708    2,785 
 2,655   7511458,5.18%, 8/19/2025  2/23/2024   2,559    2,444 
 3,694   7512044,4.47%, 8/19/2025  2/23/2024   3,530    3,614 
 745   7511098,5.56%, 8/19/2025  2/23/2024   709    712 
 318   7511093,5.23%, 8/19/2025  2/23/2024   306    310 
 1,140   7511111,5.56%, 8/19/2025  2/23/2024   1,099    1,054 
 861   7511260,6.06%, 8/19/2025  2/23/2024   837    692 
 1,077   7511273,6.02%, 8/19/2025  2/23/2024   1,035    1,024 
 3,009   7511893,5.18%, 8/19/2025  2/23/2024   2,856    2,938 
 8,169   7512066,4.99%, 8/19/2025  2/23/2024   7,839    7,809 
 9,761   7512428,4.75%, 8/19/2025  2/23/2024   9,391    9,295 
 1,685   7511375,5.78%, 8/19/2025  2/23/2024   1,608    1,618 
 1,720   7511522,5.18%, 8/19/2025  2/23/2024   1,596    1,705 
 3,025   7513306,4.99%, 8/20/2025  2/23/2024   2,836    2,980 
 20,444   7513600,5.35%, 8/20/2025  2/23/2024   19,696    19,046 
 3,928   7513849,4.45%, 8/20/2025  2/23/2024   3,764    3,814 
 5,068   7514086,5.17%, 8/20/2025  2/23/2024   4,767    4,958 
 5,237   7516303,4.46%, 8/20/2025  2/23/2024   4,999    5,119 
 11,910   7513036,5.35%, 8/20/2025  2/23/2024   11,328    11,555 
 75,852   7515255,4.46%, 8/20/2025  2/23/2024   73,155    69,964 

 

See Notes to Financial Statements. 
144(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$16,163   7514610,5.17%, 8/20/2025  2/23/2024  $15,276   $15,765 
 19,481   7515860,4.46%, 8/20/2025  2/23/2024   18,653    18,948 
 18,723   7514366,4.74%, 8/20/2025  2/23/2024   17,966    18,087 
 1,099   7514463,5.00%, 8/20/2025  2/23/2024   1,056    1,048 
 7,543   7514238,4.74%, 8/20/2025  2/23/2024   7,291    6,583 
 13,489   7516017,4.46%, 8/20/2025  2/23/2024   12,965    12,995 
 1,305   7514695,6.02%, 8/20/2025  2/23/2024   1,229    1,270 
 7,437   7514185,4.98%, 8/20/2025  2/23/2024   7,105    7,203 
 5,279   7515616,5.17%, 8/20/2025  2/23/2024   5,069    5,046 
 3,450   7513187,4.99%, 8/20/2025  2/23/2024   3,270    3,376 
 6,096   7512843,5.78%, 8/20/2025  2/23/2024   5,913    5,239 
 3,993   7512797,4.46%, 8/20/2025  2/23/2024   3,831    3,885 
 1,547   7512868,6.03%, 8/20/2025  2/23/2024   1,511    916 
 9,944   7514027,4.46%, 8/20/2025  2/23/2024   9,537    9,677 
 982   7514233,6.02%, 8/20/2025  2/23/2024   949    909 
 3,554   7514141,4.98%, 8/20/2025  2/23/2024   3,399    3,438 
 3,568   7514068,4.46%, 8/20/2025  2/23/2024   3,369    3,518 
 30,011   7512917,4.98%, 8/20/2025  2/23/2024   28,682    29,023 
 3,863   7515967,4.99%, 8/20/2025  2/23/2024   3,664    3,771 
 27,663   7516327,5.53%, 8/20/2025  2/23/2024   26,529    26,321 
 21,645   7513373,5.54%, 8/20/2025  2/23/2024   21,050    15,481 
 4,349   7513882,4.74%, 8/20/2025  2/23/2024   4,135    4,262 
 2,301   7514467,5.17%, 8/20/2025  2/23/2024   2,179    2,251 
 26,089   7513920,5.78%, 8/20/2025  2/23/2024   25,496    15,990 
 12,010   7514288,4.46%, 8/20/2025  2/23/2024   11,478    11,745 
 487   7514501,4.56%, 8/20/2025  2/23/2024   479    467 
 10,746   7514506,5.78%, 8/20/2025  2/23/2024   10,267    10,318 
 36,403   7514736,4.74%, 8/20/2025  2/23/2024   34,985    34,919 
 4,952   7513818,5.17%, 8/20/2025  2/23/2024   4,802    3,885 
 2,092   7514950,5.17%, 8/20/2025  2/23/2024   1,964    2,056 
 231   7513813,4.58%, 8/20/2025  2/23/2024   227    221 
 6,934   7512807,6.03%, 8/20/2025  2/23/2024   6,574    6,692 
 3,781   7515604,4.73%, 8/20/2025  2/23/2024   3,633    3,628 
 6,588   7513786,5.94%, 8/20/2025  2/23/2024   6,484    3,409 
 9,062   7512878,6.03%, 8/20/2025  2/23/2024   8,845    5,728 
 705   7514081,5.78%, 8/20/2025  2/23/2024   678    669 
 1,813   7513026,6.03%, 8/20/2025  2/23/2024   1,719    1,755 
 1,996   7514489,5.55%, 8/20/2025  2/23/2024   1,945    1,322 
 13,229   7514908,5.35%, 8/20/2025  2/23/2024   12,720    12,506 
 6,897   7515800,4.46%, 8/20/2025  2/23/2024   6,612    6,704 
 23,084   7516105,6.03%, 8/20/2025  2/23/2024   22,247    21,843 
 2,320   7513020,5.16%, 8/20/2025  2/23/2024   2,208    2,249 
 422   7514702,5.25%, 8/20/2025  2/23/2024   416    353 
 1,450   7514499,4.55%, 8/20/2025  2/23/2024   1,441    636 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024145

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,370   7515588,5.17%, 8/20/2025  2/23/2024  $2,276   $2,231 
 1,057   7517665,5.17%, 8/21/2025  2/26/2024   1,004    1,023 
 6,752   7519473,4.46%, 8/21/2025  2/26/2024   6,462    6,572 
 6,042   7519112,4.98%, 8/21/2025  2/26/2024   5,755    5,883 
 27,709   7519186,4.46%, 8/21/2025  2/26/2024   26,257    27,247 
 24,928   7517245,4.46%, 8/21/2025  2/26/2024   23,808    24,311 
 3,994   7518254,4.98%, 8/21/2025  2/26/2024   3,787    3,897 
 2,036   7519557,5.35%, 8/21/2025  2/26/2024   1,951    1,929 
 3,407   7518344,5.54%, 8/21/2025  2/26/2024   3,293    3,014 
 5,000   7519571,4.99%, 8/21/2025  2/26/2024   4,821    4,663 
 2,038   7519491,6.03%, 8/21/2025  2/26/2024   1,958    1,928 
 741   7519426,6.01%, 8/21/2025  2/26/2024   714    702 
 3,053   7518355,4.74%, 8/21/2025  2/26/2024   2,881    2,989 
 2,068   7518284,5.54%, 8/21/2025  2/26/2024   1,979    1,976 
 1,687   7517875,6.02%, 8/21/2025  2/26/2024   1,620    1,601 
 3,054   7517677,5.79%, 8/21/2025  2/26/2024   2,975    2,070 
 3,008   7519578,5.53%, 8/21/2025  2/26/2024   2,819    2,929 
 635   7519152,5.77%, 8/21/2025  2/26/2024   611    602 
 338   7519500,5.81%, 8/21/2025  2/26/2024   314    331 
 3,421   7519514,5.17%, 8/21/2025  2/26/2024   3,283    3,272 
 37,092   7518682,4.74%, 8/21/2025  2/26/2024   34,745    36,534 
 5,664   7517698,5.16%, 8/21/2025  2/26/2024   5,331    5,531 
 767   7518282,5.57%, 8/21/2025  2/26/2024   743    679 
 3,456   7519630,5.35%, 8/21/2025  2/26/2024   3,229    3,391 
 12,766   7518065,4.46%, 8/21/2025  2/26/2024   12,214    12,435 
 52,935   7518376,4.74%, 8/21/2025  2/26/2024   50,695    50,925 
 7,028   7517817,4.46%, 8/21/2025  2/26/2024   6,742    6,827 
 1,365   7518033,6.17%, 8/21/2025  2/26/2024   1,298    1,318 
 60,100   7516848,4.74%, 8/21/2025  2/26/2024   58,076    52,243 
 11,322   7516785,4.46%, 8/21/2025  2/26/2024   10,938    10,379 
 13,814   7519428,4.98%, 8/21/2025  2/26/2024   13,199    13,358 
 725   7517887,4.46%, 8/21/2025  2/26/2024   696    706 
 32,158   7519849,4.46%, 8/21/2025  2/26/2024   30,609    31,514 
 1,955   7519338,4.98%, 8/21/2025  2/26/2024   1,810    1,919 
 9,817   7519688,5.17%, 8/21/2025  2/26/2024   9,394    9,404 
 1,451   7518641,6.02%, 8/21/2025  2/26/2024   1,403    1,307 
 5,646   7518314,5.93%, 8/21/2025  2/26/2024   5,429    5,393 
 55,151   7516516,4.46%, 8/21/2025  2/26/2024   52,968    53,106 
 2,025   7517803,4.46%, 8/21/2025  2/26/2024   1,951    1,871 
 8,801   7517975,4.73%, 8/21/2025  2/26/2024   8,431    8,464 
 4,563   7519531,5.53%, 8/21/2025  2/26/2024   4,349    4,375 
 2,060   7519361,5.35%, 8/21/2025  2/26/2024   1,967    1,951 
 4,214   7519158,4.98%, 8/21/2025  2/26/2024   4,069    3,523 
 2,271   7518631,4.45%, 8/21/2025  2/26/2024   2,175    2,210 

 

See Notes to Financial Statements. 
146(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,385   7518672,6.17%, 8/21/2025  2/26/2024  $2,309   $2,231 
 11,646   7519793,4.73%, 8/21/2025  2/26/2024   11,091    11,370 
 4,863   7518215,5.17%, 8/21/2025  2/26/2024   4,659    4,647 
 3,200   7518666,4.46%, 8/21/2025  2/26/2024   3,064    3,118 
 75   7517623,4.55%, 8/21/2025  2/26/2024   69    70 
 1,033   7517780,4.98%, 8/21/2025  2/26/2024   955    1,024 
 2,193   7517959,4.74%, 8/21/2025  2/26/2024   2,085    2,148 
 712   7518162,5.54%, 8/21/2025  2/26/2024   680    681 
 5,001   7518163,5.54%, 8/21/2025  2/26/2024   4,678    4,896 
 945   7518678,6.01%, 8/21/2025  2/26/2024   912    873 
 14,238   7525263,5.00%, 8/22/2025  2/27/2024   13,420    13,980 
 11,595   7521870,4.75%, 8/22/2025  2/27/2024   11,070    11,277 
 7,062   7522657,5.80%, 8/22/2025  2/27/2024   6,855    4,944 
 12,081   7523319,4.47%, 8/22/2025  2/27/2024   11,562    11,758 
 993   7523514,5.38%, 8/22/2025  2/27/2024   916    975 
 34,626   7524312,4.48%, 8/22/2025  2/27/2024   33,240    33,356 
 10,900   7524459,4.47%, 8/22/2025  2/27/2024   10,477    10,491 
 7,807   7525031,5.19%, 8/22/2025  2/27/2024   7,442    7,568 
 1,906   7525620,5.00%, 8/22/2025  2/27/2024   1,772    1,894 
 1,426   7522920,5.37%, 8/22/2025  2/27/2024   1,319    1,408 
 829   7523040,5.57%, 8/22/2025  2/27/2024   799    767 
 766   7525020,5.26%, 8/22/2025  2/27/2024   756    558 
 1,065   7526046,5.01%, 8/22/2025  2/27/2024   1,024    1,014 
 5,999   7523283,4.47%, 8/22/2025  2/27/2024   5,754    5,827 
 723   7524976,5.80%, 8/22/2025  2/27/2024   685    703 
 25,346   7525778,4.75%, 8/22/2025  2/27/2024   24,305    24,375 
 1,014   7526028,5.23%, 8/22/2025  2/27/2024   999    751 
 17,893   7522136,4.75%, 8/22/2025  2/27/2024   17,240    15,885 
 5,491   7523171,4.47%, 8/22/2025  2/27/2024   5,266    5,340 
 7,115   7523546,4.47%, 8/22/2025  2/27/2024   6,773    6,974 
 5,152   7525688,5.00%, 8/22/2025  2/27/2024   4,924    4,968 
 1,643   7521830,5.37%, 8/22/2025  2/27/2024   1,586    1,488 
 47,512   7524506,4.47%, 8/22/2025  2/27/2024   45,521    46,217 
 2,147   7525741,5.96%, 8/22/2025  2/27/2024   2,109    1,128 
 11,516   7524032,5.00%, 8/22/2025  2/27/2024   11,083    10,771 
 2,390   7524102,4.47%, 8/22/2025  2/27/2024   2,282    2,335 
 2,572   7524989,4.75%, 8/22/2025  2/27/2024   2,429    2,527 
 342   7525755,5.80%, 8/22/2025  2/27/2024   314    338 
 1,504   7526048,4.57%, 8/22/2025  2/27/2024   1,483    1,369 
 922   7524091,5.20%, 8/22/2025  2/27/2024   881    881 
 5,072   7523859,5.00%, 8/22/2025  2/27/2024   4,817    4,943 
 1,525   7522731,5.82%, 8/22/2025  2/27/2024   1,473    1,394 
 4,995   7523688,5.19%, 8/22/2025  2/27/2024   4,808    4,604 
 283   7524179,5.56%, 8/22/2025  2/27/2024   261    279 

 

 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024147

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,952   7522772,4.76%, 8/22/2025  2/27/2024  $5,708   $5,722 
 11,379   7524230,5.56%, 8/22/2025  2/27/2024   10,715    11,094 
 935   7524158,4.57%, 8/22/2025  2/27/2024   915    894 
 27,744   7525400,5.37%, 8/22/2025  2/27/2024   26,570    26,216 
 3,803   7523768,5.01%, 8/22/2025  2/27/2024   3,657    3,568 
 2,254   7525002,6.20%, 8/22/2025  2/27/2024   2,130    2,200 
 5,986   7525219,5.56%, 8/22/2025  2/27/2024   5,592    5,874 
 22,541   7525086,5.25%, 8/22/2025  2/27/2024   22,035    21,112 
 46,275   7524740,4.47%, 8/22/2025  2/27/2024   44,746    41,878 
 3,368   7523099,4.76%, 8/22/2025  2/27/2024   3,246    2,986 
 25,425   7522266,5.00%, 8/22/2025  2/27/2024   24,324    24,505 
 20,858   7521991,5.00%, 8/22/2025  2/27/2024   20,212    16,908 
 6,603   7524198,5.25%, 8/22/2025  2/27/2024   6,529    3,112 
 3,188   7524115,4.75%, 8/22/2025  2/27/2024   2,994    3,131 
 1,460   7526093,5.38%, 8/23/2025  2/28/2024   1,399    1,384 
 3,786   7528520,5.96%, 8/23/2025  2/28/2024   3,697    3,296 
 39,302   7528567,4.75%, 8/23/2025  2/28/2024   36,975    38,738 
 1,610   7526410,5.56%, 8/23/2025  2/28/2024   1,493    1,582 
 64,914   7529030,5.00%, 8/23/2025  2/28/2024   62,262    61,796 
 1,824   7528026,5.38%, 8/23/2025  2/28/2024   1,735    1,768 
 6,800   7529648,6.05%, 8/23/2025  2/28/2024   6,560    6,326 
 10,132   7526555,4.75%, 8/23/2025  2/28/2024   9,699    9,802 
 1,224   7526251,4.75%, 8/23/2025  2/28/2024   1,173    1,178 
 2,817   7529544,4.75%, 8/23/2025  2/28/2024   2,673    2,755 
 1,630   7527530,4.47%, 8/23/2025  2/28/2024   1,560    1,587 
 7,195   7527621,5.19%, 8/23/2025  2/28/2024   6,911    6,778 
 4,415   7526312,4.47%, 8/23/2025  2/28/2024   4,220    4,303 
 4,555   7527296,5.19%, 8/23/2025  2/28/2024   4,354    4,360 
 1,337   7526506,5.80%, 8/23/2025  2/28/2024   1,283    1,266 
 21,726   7527694,4.75%, 8/23/2025  2/28/2024   20,748    21,094 
 1,228   7527542,5.80%, 8/23/2025  2/28/2024   1,125    1,209 
 38,564   7528045,5.56%, 8/23/2025  2/28/2024   36,098    37,663 
 9,199   7527010,5.19%, 8/23/2025  2/28/2024   8,678    8,958 
 1,139   7526374,4.99%, 8/23/2025  2/28/2024   1,088    1,099 
 8,330   7526719,5.37%, 8/23/2025  2/28/2024   7,968    7,990 
 13,208   7526435,5.95%, 8/23/2025  2/28/2024   12,904    10,074 
 2,539   7526271,4.48%, 8/23/2025  2/28/2024   2,431    2,448 
 4,610   7526689,5.00%, 8/23/2025  2/28/2024   4,429    4,308 
 1,383   7526977,5.19%, 8/23/2025  2/28/2024   1,329    1,298 
 8,709   7526861,4.48%, 8/23/2025  2/28/2024   8,335    8,479 
 12,216   7528909,4.47%, 8/23/2025  2/28/2024   11,640    11,967 
 1,387   7529629,5.57%, 8/23/2025  2/28/2024   1,332    1,305 
 417   7528557,5.95%, 8/23/2025  2/28/2024   380    410 
 8,024   7527930,4.75%, 8/23/2025  2/28/2024   7,623    7,828 

 

See Notes to Financial Statements. 
148(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,037   7526378,5.55%, 8/23/2025  2/28/2024  $957   $1,016 
 11,556   7527346,4.47%, 8/23/2025  2/28/2024   11,111    10,734 
 2,013   7526926,5.55%, 8/23/2025  2/28/2024   1,934    1,892 
 1,829   7527580,5.55%, 8/23/2025  2/28/2024   1,774    1,344 
 1,953   7527886,5.38%, 8/23/2025  2/28/2024   1,855    1,891 
 6,525   7527906,5.00%, 8/23/2025  2/28/2024   6,243    6,280 
 19,747   7528431,5.80%, 8/23/2025  2/28/2024   18,986    18,065 
 6,389   7526131,5.00%, 8/23/2025  2/28/2024   6,172    5,341 
 2,438   7527254,5.55%, 8/23/2025  2/28/2024   2,363    1,808 
 3,360   7526821,5.18%, 8/23/2025  2/28/2024   3,247    2,722 
 284   7526855,5.25%, 8/23/2025  2/28/2024   276    269 
 2,100   7527603,4.48%, 8/23/2025  2/28/2024   1,979    2,068 
 3,456   7530049,5.19%, 8/24/2025  2/29/2024   3,200    3,404 
 4,776   7530140,5.19%, 8/24/2025  2/29/2024   4,574    4,560 
 192   7530032,5.55%, 8/24/2025  2/29/2024   144    190 
 1,906   7529973,5.37%, 8/24/2025  2/29/2024   1,794    1,865 
 4,012   7529989,5.19%, 8/24/2025  2/29/2024   3,823    3,890 
 3,131   7529857,4.47%, 8/24/2025  2/29/2024   2,999    3,038 
 18,838   7529704,4.75%, 8/24/2025  2/29/2024   18,029    18,188 
 3,515   7530120,4.47%, 8/24/2025  2/29/2024   3,352    3,439 
 983   7529781,5.57%, 8/24/2025  2/29/2024   929    959 
 2,030   7529848,5.19%, 8/24/2025  2/29/2024   1,943    1,941 
 133   7530043,5.80%, 8/24/2025  2/29/2024   122    131 
 2,157   7530081,5.20%, 8/24/2025  2/29/2024   2,070    2,029 
 21,177   7529890,4.75%, 8/24/2025  2/29/2024   20,257    20,465 
 660   7530026,6.23%, 8/24/2025  2/29/2024   638    618 
 4,078   7529867,5.00%, 8/24/2025  2/29/2024   3,874    3,976 
 15,813   7530163,5.19%, 8/24/2025  2/29/2024   15,113    15,160 
 5,104   7530088,5.37%, 8/24/2025  2/29/2024   4,921    4,649 
 2,792   7530006,5.00%, 8/24/2025  2/29/2024   2,649    2,725 
 1,614   7530775,5.36%, 8/25/2025  2/29/2024   1,538    1,512 
 2,503   7530854,5.36%, 8/25/2025  2/29/2024   2,322    2,449 
 6,072   7530722,4.47%, 8/25/2025  2/29/2024   5,820    5,849 
 8,236   7530944,5.17%, 8/25/2025  2/29/2024   7,892    7,771 
 714   7530500,5.79%, 8/25/2025  2/29/2024   661    699 
 2,748   7530533,5.24%, 8/25/2025  2/29/2024   2,694    2,285 
 21,070   7530610,5.36%, 8/25/2025  2/29/2024   20,244    19,733 
 22,168   7531001,4.74%, 8/25/2025  2/29/2024   21,201    21,420 
 6,146   7530348,5.36%, 8/25/2025  2/29/2024   5,893    5,805 
 3,174   7530519,4.99%, 8/25/2025  2/29/2024   3,061    2,672 
 12,623   7531213,4.99%, 8/25/2025  2/29/2024   11,957    12,350 
 573   7531148,5.35%, 8/25/2025  2/29/2024   539    560 
 3,053   7530548,4.99%, 8/25/2025  2/29/2024   2,928    2,905 
 1,972   7530591,5.36%, 8/25/2025  2/29/2024   1,862    1,916 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024149

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$14,538   7530373,4.47%, 8/25/2025  2/29/2024  $13,886   $14,181 
 12,866   7530877,4.74%, 8/25/2025  2/29/2024   12,255    12,528 
 1,742   7531203,5.95%, 8/25/2025  2/29/2024   1,690    1,626 
 18,839   7530791,5.54%, 8/25/2025  2/29/2024   18,223    16,529 
 1,360   7530764,5.55%, 8/25/2025  2/29/2024   1,292    1,317 
 13,700   7530253,5.55%, 8/25/2025  2/29/2024   13,114    13,067 
 705   7530601,6.02%, 8/25/2025  2/29/2024   679    666 
 983   7530786,5.78%, 8/25/2025  2/29/2024   946    902 
 2,679   7530246,5.18%, 8/25/2025  2/29/2024   2,567    2,525 
 11,144   7530449,5.54%, 8/25/2025  2/29/2024   10,725    10,314 
 7,160   7530556,4.47%, 8/25/2025  2/29/2024   6,861    6,943 
 7,943   7531115,6.19%, 8/25/2025  2/29/2024   7,695    7,078 
 639   7532250,5.94%, 8/26/2025  2/29/2024   585    628 
 2,167   7534570,5.78%, 8/26/2025  2/29/2024   2,046    2,108 
 3,503   7531640,5.54%, 8/26/2025  2/29/2024   3,296    3,417 
 1,348   7533005,5.18%, 8/26/2025  2/29/2024   1,286    1,300 
 1,873   7532033,4.73%, 8/26/2025  2/29/2024   1,796    1,801 
 4,014   7532580,4.98%, 8/26/2025  2/29/2024   3,760    3,951 
 38,061   7535173,5.17%, 8/26/2025  2/29/2024   36,142    36,917 
 12,711   7535135,4.98%, 8/26/2025  2/29/2024   12,170    12,226 
 1,770   7531811,4.47%, 8/26/2025  2/29/2024   1,700    1,706 
 2,793   7531670,5.35%, 8/26/2025  2/29/2024   2,676    2,649 
 18,151   7534986,4.46%, 8/26/2025  2/29/2024   17,387    17,658 
 9,268   7534708,4.46%, 8/26/2025  2/29/2024   8,902    8,921 
 24   7533976,5.78%, 8/26/2025  2/29/2024   23    15 
 13,457   7535600,4.74%, 8/26/2025  2/29/2024   12,856    13,056 
 3,858   7532794,4.45%, 8/26/2025  2/29/2024   3,685    3,763 
 1,527   7532345,5.35%, 8/26/2025  2/29/2024   1,458    1,464 
 889   7531621,5.95%, 8/26/2025  2/29/2024   866    809 
 4,442   7532853,5.16%, 8/26/2025  2/29/2024   4,239    4,283 
 1,988   7535691,4.74%, 8/26/2025  2/29/2024   1,868    1,960 
 5,030   7533627,4.46%, 8/26/2025  2/29/2024   4,808    4,909 
 15,998   7533563,5.17%, 8/26/2025  2/29/2024   15,387    14,815 
 1,960   7534679,4.73%, 8/26/2025  2/29/2024   1,882    1,879 
 2,004   7533729,4.98%, 8/26/2025  2/29/2024   1,919    1,930 
 12,039   7534439,5.78%, 8/26/2025  2/29/2024   11,147    11,786 
 14,406   7534348,5.78%, 8/26/2025  2/29/2024   13,946    12,287 
 7,392   7533391,5.17%, 8/26/2025  2/29/2024   7,159    5,896 
 3,241   7532290,4.74%, 8/26/2025  2/29/2024   3,077    3,177 
 3,175   7532670,4.99%, 8/26/2025  2/29/2024   3,030    3,089 
 632   7535469,6.14%, 8/26/2025  2/29/2024   615    498 
 2,124   7534864,5.24%, 8/26/2025  2/29/2024   2,075    1,993 
 7,225   7532421,6.18%, 8/26/2025  2/29/2024   6,946    6,677 
 866   7533103,5.77%, 8/26/2025  2/29/2024   838    749 

 

See Notes to Financial Statements. 
150(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$733   7533119,6.20%, 8/26/2025  2/29/2024  $711   $451 
 4,122   7533311,4.46%, 8/26/2025  2/29/2024   3,946    4,011 
 7,252   7533437,4.46%, 8/26/2025  2/29/2024   6,879    7,131 
 1,024   7533365,5.24%, 8/26/2025  2/29/2024   1,012    501 
 2,690   7533675,4.73%, 8/26/2025  2/29/2024   2,554    2,633 
 2,229   7535068,5.78%, 8/26/2025  2/29/2024   2,118    2,155 
 6,231   7535476,4.46%, 8/26/2025  2/29/2024   5,983    6,001 
 2,432   7535515,5.53%, 8/26/2025  2/29/2024   2,335    2,283 
 16,225   7534584,4.74%, 8/26/2025  2/29/2024   15,638    14,383 
 687   7534260,4.54%, 8/26/2025  2/29/2024   680    449 
 22,966   7534011,5.35%, 8/26/2025  2/29/2024   21,981    21,782 
 4,892   7533123,4.46%, 8/26/2025  2/29/2024   4,713    4,519 
 4,080   7532920,5.35%, 8/26/2025  2/29/2024   3,917    3,821 
 2,333   7532405,5.17%, 8/26/2025  2/29/2024   2,203    2,281 
 1,904   7532376,6.02%, 8/26/2025  2/29/2024   1,825    1,807 
 11,771   7531828,5.54%, 8/26/2025  2/29/2024   11,146    11,378 
 1,102   7532766,5.53%, 8/26/2025  2/29/2024   1,044    1,065 
 488   7531626,5.80%, 8/26/2025  2/29/2024   457    477 
 3,651   7534884,5.78%, 8/26/2025  2/29/2024   3,527    3,330 
 7,351   7534221,4.46%, 8/26/2025  2/29/2024   7,000    7,203 
 680   7535067,5.91%, 8/26/2025  2/29/2024   659    642 
 932   7533141,5.37%, 8/26/2025  2/29/2024   885    902 
 6,736   7531586,5.17%, 8/26/2025  2/29/2024   6,500    5,474 
 3,606   7532969,4.98%, 8/26/2025  2/29/2024   3,446    3,475 
 6,420   7533032,4.46%, 8/26/2025  2/29/2024   6,121    6,290 
 1,103   7533086,4.46%, 8/26/2025  2/29/2024   1,056    1,073 
 2,421   7533508,5.54%, 8/26/2025  2/29/2024   2,319    2,277 
 4,977   7535679,4.73%, 8/26/2025  2/29/2024   4,781    4,734 
 9,286   7534261,5.54%, 8/26/2025  2/29/2024   8,897    8,744 
 1,098   7532776,5.16%, 8/26/2025  2/29/2024   1,053    1,035 
 7,224   7534912,4.98%, 8/26/2025  2/29/2024   6,831    7,074 
 45,751   7533750,4.74%, 8/26/2025  2/29/2024   44,198    40,061 
 3,327   7533660,5.17%, 8/26/2025  2/29/2024   3,230    2,526 
 10,757   7533164,5.17%, 8/26/2025  2/29/2024   10,211    10,436 
 2,847   7533370,4.46%, 8/26/2025  2/29/2024   2,722    2,779 
 1,967   7533482,5.54%, 8/26/2025  2/29/2024   1,847    1,911 
 8,745   7534787,5.17%, 8/26/2025  2/29/2024   8,359    8,373 
 2,744   7533713,5.16%, 8/26/2025  2/29/2024   2,595    2,675 
 4,267   7534417,6.18%, 8/26/2025  2/29/2024   4,154    3,438 
 808   7537602,6.02%, 8/27/2025  3/1/2024   764    779 
 16,919   7539185,5.17%, 8/27/2025  3/1/2024   16,194    16,166 
 9,853   7538790,4.46%, 8/27/2025  3/1/2024   9,445    9,547 
 872   7537806,5.78%, 8/27/2025  3/1/2024   827    843 
 3,297   7537810,5.17%, 8/27/2025  3/1/2024   3,151    3,156 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024151

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,088   7539074,5.16%, 8/27/2025  3/1/2024  $2,910   $3,017 
 544   7536180,4.55%, 8/27/2025  3/1/2024   533    519 
 4,013   7539019,4.46%, 8/27/2025  3/1/2024   3,758    3,971 
 15,841   7537615,4.46%, 8/27/2025  3/1/2024   15,100    15,500 
 7,282   7537494,5.35%, 8/27/2025  3/1/2024   6,959    6,976 
 930   7536741,4.53%, 8/27/2025  3/1/2024   921    754 
 1,007   7536276,5.93%, 8/27/2025  3/1/2024   951    970 
 1,796   7536293,5.36%, 8/27/2025  3/1/2024   1,741    1,320 
 10,548   7538334,4.98%, 8/27/2025  3/1/2024   10,081    10,168 
 1,809   7537871,4.99%, 8/27/2025  3/1/2024   1,706    1,772 
 885   7538759,5.92%, 8/27/2025  3/1/2024   860    829 
 12,687   7537206,5.17%, 8/27/2025  3/1/2024   12,141    12,117 
 1,530   7536284,4.55%, 8/27/2025  3/1/2024   1,514    1,241 
 2,052   7535784,6.02%, 8/27/2025  3/1/2024   1,987    1,845 
 1,929   7537853,4.98%, 8/27/2025  3/1/2024   1,850    1,831 
 3,144   7536143,5.35%, 8/27/2025  3/1/2024   3,018    2,952 
 4,654   7535904,4.98%, 8/27/2025  3/1/2024   4,479    3,916 
 27,642   7539345,4.46%, 8/27/2025  3/1/2024   26,352    27,006 
 1,397   7538842,5.34%, 8/27/2025  3/1/2024   1,329    1,353 
 972   7537845,5.52%, 8/27/2025  3/1/2024   929    928 
 1,394   7536799,5.34%, 8/27/2025  3/1/2024   1,335    1,322 
 3,796   7538153,5.35%, 8/27/2025  3/1/2024   3,611    3,671 
 3,593   7538328,4.46%, 8/27/2025  3/1/2024   3,437    3,496 
 5,810   7536654,4.46%, 8/27/2025  3/1/2024   5,548    5,677 
 8,775   7538857,5.93%, 8/27/2025  3/1/2024   8,458    8,387 
 7,289   7535859,4.46%, 8/27/2025  3/1/2024   6,997    7,007 
 1,053   7536082,4.99%, 8/27/2025  3/1/2024   1,003    1,020 
 4,455   7536239,5.35%, 8/27/2025  3/1/2024   4,235    4,316 
 2,777   7536015,4.99%, 8/27/2025  3/1/2024   2,669    2,601 
 6,326   7536194,5.35%, 8/27/2025  3/1/2024   6,121    4,864 
 2,630   7536537,4.98%, 8/27/2025  3/1/2024   2,523    2,469 
 8,544   7536889,4.46%, 8/27/2025  3/1/2024   8,202    8,207 
 4,694   7538733,4.46%, 8/27/2025  3/1/2024   4,506    4,516 
 1,853   7538291,6.18%, 8/27/2025  3/1/2024   1,782    1,751 
 15,234   7538197,4.74%, 8/27/2025  3/1/2024   14,537    14,809 
 313   7536076,5.93%, 8/27/2025  3/1/2024   283    308 
 46,853   7537879,5.17%, 8/27/2025  3/1/2024   44,767    45,123 
 584   7536442,4.73%, 8/27/2025  3/1/2024   541    579 
 965   7537128,5.18%, 8/27/2025  3/1/2024   916    936 
 4,119   7537356,5.54%, 8/27/2025  3/1/2024   3,962    3,651 
 45,949   7539542,5.35%, 8/27/2025  3/1/2024   44,124    42,969 
 3,419   7536478,5.36%, 8/27/2025  3/1/2024   3,278    3,239 
 3,063   7536095,5.35%, 8/27/2025  3/1/2024   2,893    2,978 
 7,681   7535960,5.35%, 8/27/2025  3/1/2024   7,330    7,233 

 

See Notes to Financial Statements. 
152(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$12,367   7536965,4.74%, 8/27/2025  3/1/2024  $11,911   $10,984 
 2,199   7536742,5.16%, 8/27/2025  3/1/2024   2,051    2,159 
 5,488   7537395,4.74%, 8/27/2025  3/1/2024   5,203    5,372 
 8,436   7536546,4.74%, 8/27/2025  3/1/2024   8,120    7,495 
 23,638   7539091,4.46%, 8/27/2025  3/1/2024   22,592    23,066 
 3,904   7537459,5.54%, 8/27/2025  3/1/2024   3,708    3,777 
 5,431   7536037,4.74%, 8/27/2025  3/1/2024   5,187    5,248 
 7,601   7540586,4.46%, 8/28/2025  3/4/2024   7,245    7,434 
 594   7542296,4.77%, 8/28/2025  3/4/2024   563    581 
 13,162   7542966,4.98%, 8/28/2025  3/4/2024   12,642    12,291 
 2,320   7540117,6.17%, 8/28/2025  3/4/2024   2,215    2,189 
 23,258   7540970,5.17%, 8/28/2025  3/4/2024   22,213    22,400 
 67,130   7541868,4.98%, 8/28/2025  3/4/2024   64,277    63,814 
 1,816   7542562,5.54%, 8/28/2025  3/4/2024   1,757    1,371 
 1,454   7541504,6.18%, 8/28/2025  3/4/2024   1,329    1,403 
 2,214   7542275,4.98%, 8/28/2025  3/4/2024   2,102    2,154 
 2,123   7543653,5.78%, 8/28/2025  3/4/2024   2,025    2,019 
 11,263   7541237,4.74%, 8/28/2025  3/4/2024   10,731    10,943 
 18,066   7543430,4.98%, 8/28/2025  3/4/2024   17,181    17,560 
 5,115   7540859,5.53%, 8/28/2025  3/4/2024   4,900    4,821 
 13,601   7541564,4.98%, 8/28/2025  3/4/2024   12,965    13,132 
 863   7540925,5.35%, 8/28/2025  3/4/2024   823    830 
 8,211   7541660,5.16%, 8/28/2025  3/4/2024   7,878    7,707 
 2,099   7543576,5.54%, 8/28/2025  3/4/2024   1,924    2,068 
 49,842   7540167,4.46%, 8/28/2025  3/4/2024   47,557    48,651 
 803   7541841,5.54%, 8/28/2025  3/4/2024   769    756 
 1,204   7543356,4.73%, 8/28/2025  3/4/2024   1,120    1,193 
 5,054   7541602,5.53%, 8/28/2025  3/4/2024   4,781    4,903 
 1,637   7542545,6.18%, 8/28/2025  3/4/2024   1,566    1,562 
 11,971   7542697,4.74%, 8/28/2025  3/4/2024   11,433    11,617 
 3,955   7542915,5.53%, 8/28/2025  3/4/2024   3,763    3,773 
 1,395   7543395,5.78%, 8/28/2025  3/4/2024   1,303    1,355 
 2,663   7543157,4.98%, 8/28/2025  3/4/2024   2,518    2,608 
 1,971   7541649,4.99%, 8/28/2025  3/4/2024   1,859    1,928 
 6,172   7542583,5.17%, 8/28/2025  3/4/2024   5,745    6,072 
 1,106   7541405,4.72%, 8/28/2025  3/4/2024   1,052    1,078 
 3,698   7541321,4.46%, 8/28/2025  3/4/2024   3,537    3,601 
 12,530   7542810,4.74%, 8/28/2025  3/4/2024   11,999    12,038 
 24,702   7542401,5.17%, 8/28/2025  3/4/2024   23,873    19,802 
 1,823   7540096,4.46%, 8/28/2025  3/4/2024   1,743    1,780 
 7,758   7541519,6.02%, 8/28/2025  3/4/2024   7,577    4,464 
 1,109   7540920,4.98%, 8/28/2025  3/4/2024   1,051    1,080 
 637   7540797,5.20%, 8/28/2025  3/4/2024   607    614 
 11,780   7541842,4.46%, 8/28/2025  3/4/2024   11,355    10,792 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024153

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,305   7540802,5.16%, 8/28/2025  3/4/2024  $4,081   $4,199 
 4,978   7540686,4.46%, 8/28/2025  3/4/2024   4,618    4,931 
 23,879   7541781,4.98%, 8/28/2025  3/4/2024   22,912    22,396 
 10,238   7541338,5.78%, 8/28/2025  3/4/2024   9,843    9,528 
 13,605   7542308,4.46%, 8/28/2025  3/4/2024   13,042    13,109 
 1,028   7540852,5.78%, 8/28/2025  3/4/2024   992    886 
 1,148   7542266,5.36%, 8/28/2025  3/4/2024   1,092    1,111 
 3,625   7541427,5.17%, 8/28/2025  3/4/2024   3,394    3,548 
 1,929   7541457,5.23%, 8/28/2025  3/4/2024   1,809    1,897 
 8,209   7543606,4.74%, 8/28/2025  3/4/2024   7,858    7,886 
 11,011   7540002,4.46%, 8/28/2025  3/4/2024   10,566    10,616 
 5,613   7546276,5.25%, 8/29/2025  3/5/2024   5,490    5,080 
 10,461   7546467,5.37%, 8/29/2025  3/5/2024   10,009    9,894 
 732   7546338,5.38%, 8/29/2025  3/5/2024   676    722 
 1,230   7546744,5.35%, 8/29/2025  3/5/2024   1,180    1,152 
 4,588   7546754,5.56%, 8/29/2025  3/5/2024   4,341    4,445 
 4,007   7550191,5.96%, 8/29/2025  3/5/2024   3,891    3,654 
 503   7550184,5.54%, 8/29/2025  3/5/2024   469    474 
 9,898   7548027,5.00%, 8/29/2025  3/5/2024   9,470    9,441 
 15,539   7548248,4.75%, 8/29/2025  3/5/2024   14,867    14,936 
 616   7548406,6.03%, 8/29/2025  3/5/2024   578    593 
 3,523   7550359,5.00%, 8/29/2025  3/5/2024   3,357    3,406 
 15,413   7549695,5.00%, 8/29/2025  3/5/2024   14,720    14,855 
 704   7550353,5.19%, 8/29/2025  3/5/2024   654    690 
 8,758   7549286,5.00%, 8/29/2025  3/5/2024   8,252    8,582 
 1,988   7546255,6.19%, 8/29/2025(e)  3/5/2024   1,948    372 
 5,507   7549225,5.00%, 8/29/2025  3/5/2024   5,290    5,150 
 2,578   7549271,4.48%, 8/29/2025  3/5/2024   2,458    2,522 
 10,642   7549367,4.75%, 8/29/2025  3/5/2024   10,162    10,264 
 2,705   7549268,5.19%, 8/29/2025  3/5/2024   2,631    1,761 
 12,701   7548429,4.48%, 8/29/2025  3/5/2024   11,898    12,545 
 21,512   7549980,4.47%, 8/29/2025  3/5/2024   20,540    21,000 
 2,227   7548241,5.56%, 8/29/2025  3/5/2024   2,119    2,130 
 4,328   7548214,4.47%, 8/29/2025  3/5/2024   4,132    4,226 
 21,867   7547754,4.75%, 8/29/2025  3/5/2024   21,050    19,439 
 12,475   7549881,4.47%, 8/29/2025  3/5/2024   11,918    12,108 
 9,120   7548612,5.19%, 8/29/2025  3/5/2024   8,434    9,018 
 1,438   7547724,5.55%, 8/29/2025  3/5/2024   1,374    1,370 
 9,562   7547367,4.47%, 8/29/2025  3/5/2024   9,088    9,357 
 397   7546335,5.27%, 8/29/2025  3/5/2024   389    360 
 2,968   7546241,5.19%, 8/29/2025  3/5/2024   2,780    2,911 
 10,938   7546350,5.00%, 8/29/2025  3/5/2024   10,466    10,426 
 5,023   7546946,5.00%, 8/29/2025  3/5/2024   4,776    4,863 
 1,835   7550181,5.81%, 8/29/2025  3/5/2024   1,739    1,775 

 

See Notes to Financial Statements. 
154(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$18,249   7550211,4.75%, 8/29/2025  3/5/2024  $17,156   $17,944 
 1,981   7548368,5.96%, 8/29/2025  3/5/2024   1,910    1,863 
 11,406   7547462,4.75%, 8/29/2025  3/5/2024   10,902    11,023 
 2,002   7546558,5.79%, 8/29/2025  3/5/2024   1,913    1,895 
 12,557   7547588,4.48%, 8/29/2025  3/5/2024   12,019    12,190 
 2,628   7547981,5.00%, 8/29/2025  3/5/2024   2,498    2,553 
 44,136   7548742,5.37%, 8/29/2025  3/5/2024   41,675    42,877 
 4,347   7549256,4.47%, 8/29/2025  3/5/2024   4,160    4,213 
 1,365   7549679,4.76%, 8/29/2025  3/5/2024   1,307    1,310 
 14,315   7549158,5.19%, 8/29/2025  3/5/2024   13,735    13,275 
 6,376   7548121,5.00%, 8/29/2025  3/5/2024   6,089    6,142 
 3,843   7547219,4.47%, 8/29/2025  3/5/2024   3,685    3,725 
 3,507   7547288,5.18%, 8/29/2025  3/5/2024   3,361    3,304 
 1,970   7550173,4.49%, 8/29/2025  3/5/2024   1,881    1,923 
 1,973   7549837,5.80%, 8/29/2025  3/5/2024   1,811    1,882 
 19,653   7546573,5.19%, 8/29/2025  3/5/2024   18,911    15,930 
 930   7546857,5.54%, 8/29/2025  3/5/2024   894    863 
 5,250   7546863,5.19%, 8/29/2025  3/5/2024   4,979    5,074 
 15,054   7547005,6.05%, 8/29/2025  3/5/2024   14,417    14,192 
 15,583   7549521,5.37%, 8/29/2025  3/5/2024   14,988    14,254 
 3,386   7548165,5.80%, 8/29/2025  3/5/2024   3,182    3,288 
 14,604   7546140,4.75%, 8/29/2025  3/5/2024   13,900    14,229 
 17,013   7550516,5.78%, 9/1/2025  3/6/2024   16,499    11,765 
 2,470   7550430,5.35%, 9/1/2025  3/6/2024   2,365    2,321 
 9,778   7550894,5.35%, 9/1/2025  3/6/2024   9,343    9,233 
 13,997   7552631,4.98%, 9/1/2025  3/6/2024   13,367    13,485 
 45,482   7553634,4.74%, 9/1/2025  3/6/2024   43,434    43,965 
 11,312   7553188,4.98%, 9/1/2025  3/6/2024   10,509    11,150 
 11,186   7551832,5.35%, 9/1/2025  3/6/2024   10,646    10,758 
 6,570   7551768,4.73%, 9/1/2025  3/6/2024   6,278    6,339 
 6,212   7551517,4.46%, 9/1/2025  3/6/2024   5,967    5,761 
 421   7550649,4.74%, 9/1/2025  3/6/2024   399    412 
 3,112   7550872,6.03%, 9/1/2025  3/6/2024   2,981    2,930 
 1,494   7551088,5.55%, 9/1/2025  3/6/2024   1,407    1,457 
 4,507   7551972,5.53%, 9/1/2025  3/6/2024   4,355    3,358 
 16,018   7551994,6.02%, 9/1/2025  3/6/2024   15,326    15,127 
 1,231   7553171,5.35%, 9/1/2025  3/6/2024   1,169    1,191 
 16,342   7553383,4.98%, 9/1/2025  3/6/2024   15,545    15,817 
 5,505   7554171,6.18%, 9/1/2025  3/6/2024   5,264    5,176 
 20,212   7554347,5.78%, 9/1/2025  3/6/2024   19,123    19,491 
 2,266   7553837,5.35%, 9/1/2025  3/6/2024   2,167    2,144 
 1,330   7552711,4.98%, 9/1/2025  3/6/2024   1,250    1,304 
 982   7552710,5.78%, 9/1/2025  3/6/2024   939    931 
 3,084   7552602,5.54%, 9/1/2025  3/6/2024   2,966    2,767 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024155

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,537   7552339,4.54%, 9/1/2025  3/6/2024  $2,504   $2,085 
 789   7550636,5.16%, 9/1/2025  3/6/2024   732    777 
 15,436   7553846,4.46%, 9/1/2025  3/6/2024   14,648    15,160 
 57,038   7552730,4.46%, 9/1/2025  3/6/2024   54,096    56,011 
 1,834   7552508,6.03%, 9/1/2025  3/6/2024   1,763    1,712 
 22,381   7552177,4.74%, 9/1/2025  3/6/2024   21,414    21,514 
 3,804   7551305,6.03%, 9/1/2025  3/6/2024   3,652    3,562 
 1,560   7550865,4.74%, 9/1/2025  3/6/2024   1,497    1,486 
 1,569   7550847,4.75%, 9/1/2025  3/6/2024   1,505    1,494 
 17,074   7551121,4.98%, 9/1/2025  3/6/2024   16,338    16,225 
 3,600   7551475,5.53%, 9/1/2025  3/6/2024   3,446    3,382 
 1,968   7554243,4.46%, 9/1/2025  3/6/2024   1,866    1,931 
 709   7552356,4.53%, 9/1/2025  3/6/2024   698    625 
 2,114   7553175,5.17%, 9/1/2025  3/6/2024   2,011    2,040 
 11,791   7553074,5.17%, 9/1/2025  3/6/2024   11,284    11,108 
 13,360   7554266,5.35%, 9/1/2025  3/6/2024   12,762    12,662 
 1,016   7550685,5.18%, 9/1/2025  3/6/2024   957    995 
 23,602   7553938,5.53%, 9/1/2025  3/6/2024   22,623    21,884 
 1,587   7553924,4.56%, 9/1/2025  3/6/2024   1,566    1,300 
 9,293   7550978,5.53%, 9/1/2025  3/6/2024   8,962    8,251 
 3,272   7552617,4.46%, 9/1/2025  3/6/2024   3,098    3,218 
 10,852   7550713,4.73%, 9/1/2025  3/6/2024   10,428    10,282 
 333   7553182,4.58%, 9/1/2025  3/6/2024   325    319 
 634   7554117,5.55%, 9/1/2025  3/6/2024   599    612 
 1,323   7554156,5.21%, 9/1/2025  3/6/2024   1,295    1,122 
 10,336   7552519,4.98%, 9/1/2025  3/6/2024   9,811    10,043 
 1,954   7550650,5.54%, 9/1/2025  3/6/2024   1,804    1,921 
 5,871   7553595,4.74%, 9/1/2025  3/6/2024   5,546    5,760 
 492   7553587,6.19%, 9/1/2025  3/6/2024   457    482 
 12,059   7551614,4.73%, 9/1/2025  3/6/2024   11,619    10,642 
 4,633   7553523,4.73%, 9/1/2025  3/6/2024   4,437    4,413 
 2,752   7551389,4.45%, 9/1/2025  3/6/2024   2,644    2,553 
 18,085   7555350,5.53%, 9/2/2025  3/7/2024   17,235    17,247 
 3,714   7554729,5.53%, 9/2/2025  3/7/2024   3,443    3,613 
 13,910   7555180,4.98%, 9/2/2025  3/7/2024   12,936    13,701 
 1,270   7554836,4.98%, 9/2/2025  3/7/2024   1,207    1,235 
 4,050   7554510,5.23%, 9/2/2025  3/7/2024   3,948    3,750 
 2,319   7554805,5.22%, 9/2/2025  3/7/2024   2,261    2,148 
 3,816   7554848,4.45%, 9/2/2025  3/7/2024   3,643    3,713 
 13,147   7555071,4.74%, 9/2/2025  3/7/2024   12,558    12,684 
 475   7555175,4.53%, 9/2/2025  3/7/2024   464    455 
 10,084   7554568,5.78%, 9/2/2025  3/7/2024   9,764    7,013 
 10,401   7554983,4.46%, 9/2/2025  3/7/2024   9,958    10,026 
 13,173   7555527,5.23%, 9/2/2025  3/7/2024   12,889    11,137 

 

See Notes to Financial Statements. 
156(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$9,138   7554605,4.98%, 9/2/2025  3/7/2024  $8,655   $8,893 
 9,792   7554906,4.98%, 9/2/2025  3/7/2024   9,386    9,125 
 15,993   7554662,5.78%, 9/2/2025  3/7/2024   15,548    10,405 
 11,014   7556118,4.45%, 9/3/2025  3/7/2024   10,451    10,809 
 3,002   7555825,4.73%, 9/3/2025  3/7/2024   2,872    2,883 
 1,606   7555872,5.33%, 9/3/2025  3/7/2024   1,486    1,583 
 2,686   7556350,4.72%, 9/3/2025  3/7/2024   2,558    2,617 
 1,190   7556573,4.98%, 9/3/2025  3/7/2024   1,142    1,116 
 538   7556642,5.78%, 9/3/2025  3/7/2024   502    525 
 4,961   7556672,5.16%, 9/3/2025  3/7/2024   4,772    4,574 
 2,443   7556905,6.18%, 9/3/2025  3/7/2024   2,377    1,486 
 714   7556702,4.97%, 9/3/2025  3/7/2024   674    699 
 2,927   7555678,4.98%, 9/3/2025  3/7/2024   2,777    2,851 
 2,551   7555795,5.53%, 9/3/2025  3/7/2024   2,436    2,431 
 1,455   7555664,5.15%, 9/3/2025  3/7/2024   1,399    1,342 
 3,288   7556212,4.45%, 9/3/2025  3/7/2024   3,114    3,231 
 6,928   7556858,4.97%, 9/3/2025  3/7/2024   6,668    5,869 
 6,100   7556029,4.97%, 9/3/2025  3/7/2024   5,841    5,796 
 3,068   7555848,5.16%, 9/3/2025  3/7/2024   2,920    2,955 
 1,149   7556269,4.98%, 9/3/2025  3/7/2024   1,095    1,104 
 1,213   7556290,5.21%, 9/3/2025  3/7/2024   1,197    478 
 2,056   7556520,5.77%, 9/3/2025  3/7/2024   1,956    1,967 
 1,661   7556651,5.78%, 9/3/2025  3/7/2024   1,578    1,595 
 6,304   7556602,4.45%, 9/3/2025  3/7/2024   6,041    6,064 
 7,311   7555707,4.45%, 9/3/2025  3/7/2024   7,033    6,778 
 1,068   7556367,5.52%, 9/3/2025  3/7/2024   985    1,049 
 1,009   7556715,6.02%, 9/3/2025  3/7/2024   973    844 
 2,515   7556095,4.72%, 9/3/2025  3/7/2024   2,397    2,441 
 959   7556498,5.32%, 9/3/2025  3/7/2024   906    926 
 802   7556474,6.17%, 9/3/2025  3/7/2024   777    667 
 5,420   7556294,4.73%, 9/3/2025  3/7/2024   5,175    5,232 
 15,843   7555892,4.97%, 9/3/2025  3/7/2024   15,028    15,402 
 2,941   7556585,5.34%, 9/3/2025  3/7/2024   2,803    2,825 
 127   7556472,5.20%, 9/3/2025  3/7/2024   118    125 
 2,274   7556720,6.02%, 9/3/2025  3/7/2024   2,153    2,172 
 1,028   7556278,5.22%, 9/3/2025  3/7/2024   1,003    949 
 15,212   7556741,5.16%, 9/3/2025  3/7/2024   14,549    14,344 
 10,164   7557198,4.72%, 9/4/2025  3/7/2024   9,684    9,877 
 1,395   7557741,5.75%, 9/4/2025  3/7/2024   1,331    1,323 
 8,246   7556982,4.44%, 9/4/2025  3/7/2024   7,986    6,934 
 8,281   7557788,6.00%, 9/4/2025  3/7/2024   8,062    5,059 
 1,111   7556934,5.99%, 9/4/2025  3/7/2024   1,064    1,049 
 18,705   7558510,5.33%, 9/4/2025  3/7/2024   17,989    17,103 
 8,667   7560277,5.33%, 9/4/2025  3/7/2024   7,977    8,498 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024157

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,152   7556920,5.15%, 9/4/2025  3/7/2024  $1,089   $1,120 
 805   7560641,5.19%, 9/4/2025  3/7/2024   782    757 
 10,962   7559901,4.44%, 9/4/2025  3/7/2024   10,488    10,662 
 3,993   7559584,4.44%, 9/4/2025  3/7/2024   3,758    3,932 
 14,202   7559284,4.97%, 9/4/2025  3/7/2024   13,701    11,773 
 2,168   7558810,4.53%, 9/4/2025  3/7/2024   2,136    1,923 
 41,818   7558865,4.44%, 9/4/2025  3/7/2024   40,140    38,916 
 4,873   7558320,5.33%, 9/4/2025  3/7/2024   4,635    4,702 
 2,313   7560515,5.14%, 9/4/2025  3/7/2024   2,204    2,227 
 40,424   7559984,4.72%, 9/4/2025  3/7/2024   38,594    39,090 
 4,243   7559252,5.14%, 9/4/2025  3/7/2024   4,016    4,128 
 8,240   7559175,5.15%, 9/4/2025  3/7/2024   7,835    7,989 
 5,600   7557664,4.45%, 9/4/2025  3/7/2024   5,344    5,468 
 1,551   7560561,5.76%, 9/4/2025  3/7/2024   1,485    1,453 
 7,469   7560582,4.44%, 9/4/2025  3/7/2024   7,150    7,245 
 858   7558853,6.17%, 9/4/2025  3/7/2024   832    710 
 4,143   7557165,4.97%, 9/4/2025  3/7/2024   3,995    3,453 
 1,224   7558836,5.77%, 9/4/2025  3/7/2024   1,137    1,198 
 318   7556948,6.19%, 9/4/2025  3/7/2024   297    310 
 28,915   7559669,4.44%, 9/4/2025  3/7/2024   27,697    27,876 
 1,550   7556960,6.01%, 9/4/2025  3/7/2024   1,457    1,498 
 3,610   7560923,4.97%, 9/4/2025  3/7/2024   3,435    3,504 
 9,928   7558713,5.15%, 9/4/2025  3/7/2024   9,510    9,228 
 2,136   7558462,4.73%, 9/4/2025  3/7/2024   2,043    2,072 
 3,444   7558666,4.72%, 9/4/2025  3/7/2024   3,258    3,380 
 1,804   7558411,5.33%, 9/4/2025  3/7/2024   1,693    1,765 
 8,217   7558244,5.51%, 9/4/2025  3/7/2024   7,904    7,391 
 2,800   7558480,5.76%, 9/4/2025  3/7/2024   2,655    2,684 
 15,663   7560656,4.44%, 9/4/2025  3/7/2024   14,919    15,315 
 2,174   7558433,4.97%, 9/4/2025  3/7/2024   2,074    2,093 
 2,146   7559654,4.44%, 9/4/2025  3/7/2024   2,047    2,095 
 331   7557885,5.35%, 9/4/2025  3/7/2024   305    324 
 15,378   7557907,5.76%, 9/4/2025  3/7/2024   14,590    14,732 
 317   7557197,5.23%, 9/4/2025  3/7/2024   301    308 
 14,565   7557033,5.33%, 9/4/2025  3/7/2024   13,876    13,982 
 32,204   7559383,4.96%, 9/4/2025  3/7/2024   30,778    30,988 
 1,412   7563556,5.51%, 9/5/2025  3/8/2024   1,325    1,378 
 1,563   7564889,6.01%, 9/5/2025  3/8/2024   1,493    1,471 
 28,482   7564447,4.44%, 9/5/2025  3/8/2024   27,519    25,536 
 1,559   7564591,5.99%, 9/5/2025  3/8/2024   1,499    1,415 
 1,934   7563411,5.21%, 9/5/2025  3/8/2024   1,831    1,876 
 1,678   7561893,5.77%, 9/5/2025  3/8/2024   1,613    1,194 
 20,147   7562017,5.52%, 9/5/2025  3/8/2024   19,268    18,900 
 15,320   7561648,4.44%, 9/5/2025  3/8/2024   14,594    14,962 

 

See Notes to Financial Statements. 
158(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$759   7564878,6.03%, 9/5/2025  3/8/2024  $733   $686 
 3,403   7561121,4.44%, 9/5/2025  3/8/2024   3,238    3,331 
 2,065   7561635,4.96%, 9/5/2025  3/8/2024   1,933    2,024 
 5,432   7563040,5.51%, 9/5/2025  3/8/2024   5,202    5,114 
 3,495   7564277,5.14%, 9/5/2025  3/8/2024   3,284    3,422 
 3,911   7561162,4.54%, 9/5/2025  3/8/2024   3,802    3,766 
 4,441   7564327,5.76%, 9/5/2025  3/8/2024   4,053    4,359 
 2,987   7564150,4.72%, 9/5/2025  3/8/2024   2,857    2,868 
 3,369   7564213,4.97%, 9/5/2025  3/8/2024   3,207    3,261 
 8,278   7563686,4.44%, 9/5/2025  3/8/2024   7,756    8,194 
 7,460   7563512,5.21%, 9/5/2025  3/8/2024   7,313    5,745 
 3,957   7562681,4.45%, 9/5/2025  3/8/2024   3,769    3,869 
 1,711   7562543,4.52%, 9/5/2025  3/8/2024   1,683    1,530 
 13,162   7564599,4.96%, 9/5/2025  3/8/2024   12,549    12,713 
 4,001   7562967,5.15%, 9/5/2025  3/8/2024   3,748    3,924 
 2,575   7564262,4.96%, 9/5/2025  3/8/2024   2,453    2,485 
 62   7563874,5.91%, 9/5/2025  3/8/2024   55    60 
 3,110   7563534,4.97%, 9/5/2025  3/8/2024   2,995    2,631 
 1,903   7563078,5.52%, 9/5/2025  3/8/2024   1,822    1,787 
 2,115   7563011,5.76%, 9/5/2025  3/8/2024   1,994    2,055 
 723   7562849,5.77%, 9/5/2025  3/8/2024   689    688 
 2,265   7562805,5.91%, 9/5/2025  3/8/2024   2,181    2,143 
 1,236   7561408,4.95%, 9/5/2025  3/8/2024   1,160    1,208 
 1,156   7561312,6.17%, 9/5/2025  3/8/2024   1,104    1,097 
 422   7564404,4.54%, 9/5/2025  3/8/2024   394    416 
 40,948   7564672,4.96%, 9/5/2025  3/8/2024   39,515    34,129 
 1,504   7564296,4.73%, 9/5/2025  3/8/2024   1,428    1,462 
 10,232   7563576,4.44%, 9/5/2025  3/8/2024   9,855    9,391 
 5,175   7562707,5.52%, 9/5/2025  3/8/2024   4,821    5,074 
 16,616   7562255,5.33%, 9/5/2025  3/8/2024   16,010    13,054 
 8,311   7563491,4.44%, 9/5/2025  3/8/2024   7,955    8,064 
 1,418   7561063,5.16%, 9/5/2025  3/8/2024   1,355    1,333 
 1,964   7561338,4.73%, 9/5/2025  3/8/2024   1,862    1,922 
 11,512   7561909,5.91%, 9/5/2025  3/8/2024   11,127    10,776 
 2,790   7562581,4.45%, 9/5/2025  3/8/2024   2,658    2,728 
 1,518   7562625,4.72%, 9/5/2025  3/8/2024   1,424    1,496 
 13,074   7563875,4.44%, 9/5/2025  3/8/2024   12,470    12,754 
 1,466   7564138,4.72%, 9/5/2025  3/8/2024   1,402    1,415 
 1,410   7561869,5.14%, 9/5/2025  3/8/2024   1,300    1,395 
 1,217   7565016,4.96%, 9/5/2025  3/8/2024   1,156    1,184 
 6,356   7564567,5.15%, 9/5/2025  3/8/2024   6,040    6,125 
 10,910   7564164,4.97%, 9/5/2025  3/8/2024   10,418    10,490 
 19,598   7564063,5.33%, 9/5/2025  3/8/2024   18,827    17,852 
 3,672   7563742,4.44%, 9/5/2025  3/8/2024   3,506    3,578 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024159

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$592   7563625,5.35%, 9/5/2025  3/8/2024  $548   $581 
 1,669   7563436,5.75%, 9/5/2025  3/8/2024   1,575    1,618 
 4,631   7562907,5.91%, 9/5/2025  3/8/2024   4,402    4,453 
 855   7561863,6.00%, 9/5/2025  3/8/2024   820    806 
 638   7561858,5.32%, 9/5/2025  3/8/2024   600    622 
 3,622   7561264,4.72%, 9/5/2025  3/8/2024   3,462    3,474 
 7,476   7561073,5.33%, 9/5/2025  3/8/2024   7,007    7,279 
 19,306   7563938,4.44%, 9/5/2025  3/8/2024   18,206    18,993 
 925   7564230,4.97%, 9/5/2025  3/8/2024   875    899 
 599   7564313,4.54%, 9/5/2025  3/8/2024   579    581 
 2,185   7564670,6.01%, 9/5/2025  3/8/2024   2,115    1,816 
 15,636   7564904,4.44%, 9/5/2025  3/8/2024   14,974    15,146 
 6,312   7560999,4.72%, 9/5/2025  3/8/2024   6,019    6,098 
 3,674   7563472,4.72%, 9/5/2025  3/8/2024   3,512    3,525 
 6,678   7563357,4.96%, 9/5/2025  3/8/2024   6,369    6,433 
 1,985   7563616,4.96%, 9/5/2025  3/8/2024   1,865    1,947 
 3,367   7563631,5.34%, 9/5/2025  3/8/2024   3,148    3,289 
 6,491   7563661,4.97%, 9/5/2025  3/8/2024   6,264    5,426 
 9,988   7563763,5.15%, 9/5/2025  3/8/2024   9,460    9,685 
 977   7563836,5.52%, 9/5/2025  3/8/2024   875    966 
 2,611   7562829,4.44%, 9/5/2025  3/8/2024   2,478    2,561 
 5,244   7563448,4.44%, 9/5/2025  3/8/2024   5,016    5,086 
 1,100   7561809,5.21%, 9/5/2025  3/8/2024   1,019    1,086 
 1,448   7561241,4.72%, 9/5/2025  3/8/2024   1,375    1,415 
 12,752   7561433,5.33%, 9/5/2025  3/8/2024   12,090    12,318 
 1,672   7564245,5.15%, 9/5/2025  3/8/2024   1,585    1,621 
 30,744   7563096,4.44%, 9/5/2025  3/8/2024   29,449    29,798 
 5,210   7562498,5.33%, 9/5/2025  3/8/2024   4,980    4,932 
 2,933   7562770,4.45%, 9/5/2025  3/8/2024   2,809    2,842 
 23,611   7567249,5.15%, 9/6/2025  3/11/2024   22,608    21,996 
 1,099   7567709,6.02%, 9/6/2025  3/11/2024   1,033    1,052 
 1,255   7567922,6.14%, 9/6/2025  3/11/2024   1,218    794 
 2,505   7568002,4.96%, 9/6/2025  3/11/2024   2,389    2,415 
 10,795   7565761,4.44%, 9/6/2025  3/11/2024   10,324    10,482 
 5,424   7568538,5.15%, 9/6/2025  3/11/2024   5,163    5,117 
 6,690   7568663,4.44%, 9/6/2025  3/11/2024   6,390    6,506 
 6,915   7568703,4.44%, 9/6/2025  3/11/2024   6,576    6,767 
 599   7568553,6.02%, 9/6/2025  3/11/2024   564    579 
 6,333   7567858,4.97%, 9/6/2025  3/11/2024   5,903    6,230 
 12,409   7567787,4.96%, 9/6/2025  3/11/2024   12,020    8,742 
 28,312   7567470,4.44%, 9/6/2025  3/11/2024   26,952    27,677 
 3,710   7567447,5.15%, 9/6/2025  3/11/2024   3,437    3,595 
 3,734   7566290,4.44%, 9/6/2025  3/11/2024   3,545    3,660 
 6,572   7566000,5.15%, 9/6/2025  3/11/2024   6,056    6,462 

 

See Notes to Financial Statements. 
160(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,527   7565855,4.54%, 9/6/2025  3/11/2024  $1,493   $1,271 
 1,944   7565456,5.21%, 9/6/2025  3/11/2024   1,879    1,834 
 12,986   7566184,4.72%, 9/6/2025  3/11/2024   12,463    12,336 
 1,988   7566903,4.73%, 9/6/2025  3/11/2024   1,890    1,933 
 8,813   7565109,5.33%, 9/6/2025  3/11/2024   8,452    8,101 
 661   7566943,5.36%, 9/6/2025  3/11/2024   628    635 
 4,235   7565892,4.97%, 9/6/2025  3/11/2024   4,027    4,082 
 5,249   7565952,4.44%, 9/6/2025  3/11/2024   5,012    5,100 
 804   7565985,5.49%, 9/6/2025  3/11/2024   762    770 
 2,711   7565836,4.96%, 9/6/2025  3/11/2024   2,565    2,630 
 666   7565170,6.14%, 9/6/2025  3/11/2024   634    637 
 12,386   7565343,4.44%, 9/6/2025  3/11/2024   11,847    12,010 
 972   7567742,4.53%, 9/6/2025  3/11/2024   905    938 
 1,669   7566326,5.90%, 9/6/2025  3/11/2024   1,609    1,533 
 8,395   7566455,4.72%, 9/6/2025  3/11/2024   8,055    7,499 
 25,254   7566564,4.96%, 9/6/2025  3/11/2024   24,196    23,722 
 20,701   7568576,5.33%, 9/6/2025  3/11/2024   19,665    19,881 
 1,561   7565754,5.52%, 9/6/2025  3/11/2024   1,467    1,520 
 1,777   7568448,5.34%, 9/6/2025  3/11/2024   1,676    1,725 
 14,986   7568112,5.76%, 9/6/2025  3/11/2024   14,456    13,006 
 8,625   7566831,5.33%, 9/6/2025  3/11/2024   8,092    8,424 
 6,176   7565174,4.44%, 9/6/2025  3/11/2024   5,913    5,949 
 90   7565884,4.71%, 9/6/2025  3/11/2024   84    90 
 11,347   7566380,4.72%, 9/6/2025  3/11/2024   10,828    10,972 
 7,397   7566496,5.52%, 9/6/2025  3/11/2024   7,059    6,976 
 31,068   7567144,4.72%, 9/6/2025  3/11/2024   29,739    29,758 
 1,449   7566789,4.54%, 9/6/2025  3/11/2024   1,375    1,418 
 6,969   7566964,4.72%, 9/6/2025  3/11/2024   6,628    6,754 
 26,597   7568215,4.96%, 9/6/2025  3/11/2024   25,594    22,425 
 1,406   7566163,5.51%, 9/6/2025  3/11/2024   1,325    1,352 
 17,442   7568357,4.72%, 9/6/2025  3/11/2024   16,628    16,915 
 901   7566320,4.71%, 9/6/2025  3/11/2024   863    863 
 11,453   7567668,5.15%, 9/6/2025  3/11/2024   11,052    9,205 
 5,891   7567760,4.96%, 9/6/2025  3/11/2024   5,623    5,665 
 4,959   7568064,4.96%, 9/6/2025  3/11/2024   4,727    4,771 
 896   7566888,5.14%, 9/6/2025  3/11/2024   861    827 
 834   7565870,5.98%, 9/6/2025  3/11/2024   805    705 
 1,318   7566951,5.21%, 9/6/2025  3/11/2024   1,288    1,095 
 3,305   7566919,4.97%, 9/6/2025  3/11/2024   3,160    3,108 
 552   7566958,5.33%, 9/6/2025  3/11/2024   506    546 
 242   7567225,5.52%, 9/6/2025  3/11/2024   212    239 
 2,512   7568030,5.51%, 9/6/2025  3/11/2024   2,415    2,263 
 1,560   7565811,5.15%, 9/6/2025  3/11/2024   1,407    1,543 
 34,223   7566995,4.44%, 9/6/2025  3/11/2024   32,604    33,253 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024161

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,686   7567639,4.44%, 9/6/2025  3/11/2024  $4,461   $4,580 
 4,373   7567941,5.14%, 9/6/2025  3/11/2024   4,190    4,067 
 934   7567843,5.15%, 9/6/2025  3/11/2024   879    907 
 2,973   7568561,4.53%, 9/6/2025  3/11/2024   2,931    2,461 
 11,574   7568468,4.72%, 9/6/2025  3/11/2024   11,065    11,122 
 2,209   7567703,4.97%, 9/6/2025  3/11/2024   2,106    2,105 
 2,656   7568200,4.96%, 9/6/2025  3/11/2024   2,543    2,488 
 971   7568053,5.52%, 9/6/2025  3/11/2024   914    941 
 852   7566917,4.96%, 9/6/2025  3/11/2024   811    822 
 14,831   7571406,4.46%, 9/7/2025  3/12/2024   14,239    13,739 
 11,463   7572170,4.74%, 9/7/2025  3/12/2024   10,910    11,127 
 1,447   7571935,5.78%, 9/7/2025  3/12/2024   1,393    1,019 
 7,047   7573564,4.74%, 9/7/2025  3/12/2024   6,794    6,080 
 11,665   7572839,5.17%, 9/7/2025  3/12/2024   11,165    10,955 
 6,984   7573918,5.35%, 9/7/2025  3/12/2024   6,584    6,783 
 1,055   7573812,5.23%, 9/7/2025  3/12/2024   1,017    1,006 
 6,208   7573816,5.23%, 9/7/2025  3/12/2024   5,993    5,831 
 5,920   7573854,4.46%, 9/7/2025  3/12/2024   5,667    5,698 
 1,883   7573869,6.18%, 9/7/2025  3/12/2024   1,795    1,779 
 558   7571809,5.21%, 9/7/2025  3/12/2024   547    429 
 4,200   7572361,4.45%, 9/7/2025  3/12/2024   4,011    4,082 
 2,725   7573490,4.73%, 9/7/2025  3/12/2024   2,575    2,673 
 715   7571119,6.18%, 9/7/2025  3/12/2024   694    453 
 5,277   7571815,5.35%, 9/7/2025  3/12/2024   4,988    5,099 
 2,165   7572635,5.18%, 9/7/2025  3/12/2024   2,073    2,016 
 941   7572814,5.16%, 9/7/2025  3/12/2024   885    920 
 34,041   7572913,4.46%, 9/7/2025  3/12/2024   32,337    33,334 
 27,867   7573211,4.98%, 9/7/2025  3/12/2024   25,916    27,459 
 348   7571979,6.02%, 9/7/2025  3/12/2024   314    340 
 5,510   7573452,4.74%, 9/7/2025  3/12/2024   5,326    4,666 
 5,638   7573747,4.74%, 9/7/2025  3/12/2024   5,385    5,419 
 12,275   7573884,5.53%, 9/7/2025  3/12/2024   11,720    11,551 
 1,395   7574380,5.16%, 9/7/2025  3/12/2024   1,307    1,366 
 1,276   7571211,5.77%, 9/7/2025  3/12/2024   1,229    1,106 
 10,192   7573670,4.46%, 9/7/2025  3/12/2024   9,762    9,797 
 2,929   7573498,5.35%, 9/7/2025  3/12/2024   2,782    2,829 
 1,332   7573592,4.73%, 9/7/2025  3/12/2024   1,269    1,288 
 1,663   7572623,5.17%, 9/7/2025  3/12/2024   1,561    1,627 
 1,294   7571401,4.98%, 9/7/2025  3/12/2024   1,212    1,266 
 1,908   7574576,4.74%, 9/7/2025  3/12/2024   1,829    1,705 
 9,167   7573991,5.93%, 9/7/2025  3/12/2024   8,745    8,745 
 6,404   7573696,4.46%, 9/7/2025  3/12/2024   6,146    5,958 
 7,375   7572642,4.46%, 9/7/2025  3/12/2024   6,997    7,237 
 7,313   7574718,5.17%, 9/7/2025  3/12/2024   6,919    7,119 

 

See Notes to Financial Statements. 
162(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,050   7572570,5.53%, 9/7/2025  3/12/2024  $2,919   $2,831 
 5,042   7571948,4.46%, 9/7/2025  3/12/2024   4,809    4,915 
 2,665   7571163,5.53%, 9/7/2025  3/12/2024   2,522    2,518 
 5,519   7572754,5.54%, 9/7/2025  3/12/2024   5,276    5,196 
 18,855   7574463,5.17%, 9/7/2025  3/12/2024   17,857    18,289 
 8,000   7573163,5.16%, 9/7/2025  3/12/2024   7,622    7,662 
 13,950   7570993,4.74%, 9/7/2025  3/12/2024   13,265    13,544 
 9,513   7571253,4.74%, 9/7/2025  3/12/2024   9,126    9,019 
 5,307   7571982,5.53%, 9/7/2025  3/12/2024   5,091    4,787 
 2,283   7572722,6.03%, 9/7/2025  3/12/2024   2,113    2,218 
 2,272   7573940,5.79%, 9/7/2025  3/12/2024   2,198    1,575 
 1,306   7571476,5.53%, 9/7/2025  3/12/2024   1,201    1,282 
 6,650   7571483,4.98%, 9/7/2025  3/12/2024   6,336    6,416 
 2,925   7573948,5.54%, 9/7/2025  3/12/2024   2,826    2,192 
 5,920   7573143,6.03%, 9/7/2025  3/12/2024   5,749    3,709 
 1,704   7571096,6.19%, 9/7/2025  3/12/2024   1,617    1,612 
 9,188   7571333,4.98%, 9/7/2025  3/12/2024   8,525    9,048 
 3,069   7573798,5.35%, 9/7/2025  3/12/2024   2,839    3,013 
 1,380   7573790,5.00%, 9/7/2025  3/12/2024   1,319    1,296 
 2,271   7571148,4.56%, 9/7/2025  3/12/2024   2,245    920 
 1,730   7573809,5.78%, 9/7/2025  3/12/2024   1,670    1,232 
 3,182   7573644,5.17%, 9/7/2025  3/12/2024   3,043    2,999 
 2,225   7573547,4.55%, 9/7/2025(e)  3/12/2024   2,203    528 
 25,589   7572399,5.54%, 9/7/2025  3/12/2024   24,707    19,130 
 1,999   7573722,4.56%, 9/7/2025  3/12/2024   1,950    1,918 
 1,393   7573964,6.17%, 9/7/2025  3/12/2024   1,333    1,319 
 5,896   7572026,4.98%, 9/7/2025  3/12/2024   5,599    5,728 
 5,909   7573969,5.78%, 9/7/2025  3/12/2024   5,634    5,610 
 12,135   7574394,4.73%, 9/7/2025  3/12/2024   11,666    10,781 
 71,305   7571517,4.46%, 9/7/2025  3/12/2024   68,267    68,624 
 2,877   7573955,5.78%, 9/7/2025  3/12/2024   2,772    2,487 
 4,241   7576186,5.17%, 9/8/2025  3/13/2024   4,024    4,080 
 4,200   7576095,4.74%, 9/8/2025  3/13/2024   4,006    4,052 
 1,110   7576087,5.55%, 9/8/2025  3/13/2024   1,065    998 
 543   7575865,5.92%, 9/8/2025  3/13/2024   497    524 
 12,014   7575599,4.46%, 9/8/2025  3/13/2024   11,474    11,669 
 41,883   7574945,5.17%, 9/8/2025  3/13/2024   39,171    41,003 
 9,756   7577611,4.74%, 9/8/2025  3/13/2024   9,254    9,541 
 1,897   7575558,4.98%, 9/8/2025  3/13/2024   1,794    1,850 
 283   7577834,5.24%, 9/8/2025  3/13/2024   270    275 
 8,457   7577795,4.46%, 9/8/2025  3/13/2024   8,178    7,093 
 34,637   7578061,4.73%, 9/8/2025  3/13/2024   33,277    30,831 
 39,862   7577860,5.17%, 9/8/2025  3/13/2024   37,985    38,051 
 1,457   7575577,5.78%, 9/8/2025  3/13/2024   1,368    1,413 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024163

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,454   7577595,4.55%, 9/8/2025  3/13/2024  $3,403   $2,480 
 3,285   7575510,4.46%, 9/8/2025  3/13/2024   3,132    3,193 
 5,570   7577109,5.35%, 9/8/2025  3/13/2024   5,368    4,334 
 8,559   7576607,5.78%, 9/8/2025  3/13/2024   8,207    7,845 
 8,771   7576366,5.54%, 9/8/2025  3/13/2024   8,447    6,734 
 56,971   7576939,4.46%, 9/8/2025  3/13/2024   54,545    54,849 
 1,539   7576166,5.00%, 9/8/2025  3/13/2024   1,464    1,488 
 12,674   7575403,4.46%, 9/8/2025  3/13/2024   12,100    12,305 
 4,065   7574850,5.54%, 9/8/2025  3/13/2024   3,751    3,993 
 2,540   7574935,4.99%, 9/8/2025  3/13/2024   2,420    2,446 
 914   7574941,4.56%, 9/8/2025  3/13/2024   900    656 
 861   7576425,5.54%, 9/8/2025  3/13/2024   793    844 
 3,603   7575780,5.17%, 9/8/2025  3/13/2024   3,421    3,470 
 2,974   7576061,4.45%, 9/8/2025  3/13/2024   2,803    2,927 
 6,986   7577361,6.18%, 9/8/2025  3/13/2024   6,711    6,453 
 1,110   7578256,5.93%, 9/8/2025  3/13/2024   1,065    1,053 
 7,170   7577420,5.17%, 9/8/2025  3/13/2024   6,813    6,899 
 8,210   7574774,5.17%, 9/8/2025  3/13/2024   7,596    8,109 
 2,038   7574920,5.54%, 9/8/2025  3/13/2024   1,885    1,997 
 5,991   7576543,5.17%, 9/8/2025  3/13/2024   5,666    5,796 
 3,562   7575963,4.46%, 9/8/2025  3/13/2024   3,335    3,526 
 7,808   7576275,4.98%, 9/8/2025  3/13/2024   7,351    7,646 
 7,494   7576478,5.17%, 9/8/2025  3/13/2024   7,114    7,223 
 1,288   7576530,4.74%, 9/8/2025  3/13/2024   1,220    1,259 
 3,701   7576130,5.36%, 9/8/2025  3/13/2024   3,537    3,477 
 6,184   7574870,4.73%, 9/8/2025  3/13/2024   5,917    5,883 
 7,800   7577751,5.35%, 9/8/2025  3/13/2024   7,481    7,145 
 17,004   7577497,5.17%, 9/8/2025  3/13/2024   16,396    13,757 
 1,262   7577586,5.15%, 9/8/2025  3/13/2024   1,208    1,173 
 37,211   7577148,5.35%, 9/8/2025  3/13/2024   35,433    35,300 
 59,879   7576725,4.46%, 9/8/2025  3/13/2024   57,281    57,997 
 1,289   7576599,5.19%, 9/8/2025  3/13/2024   1,236    1,060 
 4,680   7578049,4.98%, 9/8/2025  3/13/2024   4,449    4,526 
 3,668   7575934,4.45%, 9/8/2025  3/13/2024   3,528    3,375 
 1,365   7577135,5.78%, 9/8/2025  3/13/2024   1,290    1,306 
 2,313   7578277,4.74%, 9/8/2025  3/13/2024   2,205    2,232 
 3,425   7576447,5.35%, 9/8/2025  3/13/2024   3,263    3,251 
 1,307   7575917,5.54%, 9/8/2025  3/13/2024   1,245    1,242 
 2,461   7575753,5.53%, 9/8/2025  3/13/2024   2,335    2,361 
 16,343   7577654,5.17%, 9/8/2025  3/13/2024   15,584    15,605 
 2,904   7578724,4.74%, 9/9/2025  3/14/2024   2,738    2,849 
 2,089   7578894,6.02%, 9/9/2025  3/14/2024   2,002    1,947 
 4,202   7579181,4.46%, 9/9/2025  3/14/2024   4,035    3,888 
 4,943   7578742,4.98%, 9/9/2025  3/14/2024   4,605    4,864 

 

See Notes to Financial Statements. 
164(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,690   7578823,5.78%, 9/9/2025  3/14/2024  $3,509   $3,518 
 9,603   7578549,5.16%, 9/9/2025  3/14/2024   9,119    9,249 
 2,636   7579165,5.77%, 9/9/2025  3/14/2024   2,549    1,862 
 4,462   7579112,5.78%, 9/9/2025  3/14/2024   4,267    4,179 
 918   7579057,6.01%, 9/9/2025  3/14/2024   886    772 
 13,112   7578907,5.35%, 9/9/2025  3/14/2024   12,364    12,645 
 6,438   7578516,4.46%, 9/9/2025  3/14/2024   6,120    6,295 
 2,529   7578474,4.98%, 9/9/2025  3/14/2024   2,415    2,409 
 2,389   7578487,5.17%, 9/9/2025  3/14/2024   2,275    2,288 
 5,401   7578787,4.74%, 9/9/2025  3/14/2024   5,189    4,771 
 3,105   7579207,4.73%, 9/9/2025  3/14/2024   2,914    3,056 
 2,867   7579403,4.55%, 9/9/2025  3/14/2024   2,818    2,396 
 1,413   7579395,5.34%, 9/9/2025  3/14/2024   1,354    1,324 
 22,938   7578613,4.74%, 9/9/2025  3/14/2024   21,962    21,793 
 5,501   7578448,4.98%, 9/9/2025  3/14/2024   5,283    4,672 
 3,764   7579141,5.93%, 9/9/2025  3/14/2024   3,655    3,062 
 5,296   7579316,4.98%, 9/9/2025  3/14/2024   5,062    5,035 
 4,318   7579417,4.99%, 9/9/2025  3/14/2024   4,126    4,060 
 5,242   7579080,4.46%, 9/9/2025  3/14/2024   5,028    4,876 
 257   7578819,6.06%, 9/9/2025  3/14/2024   239    250 
 5,242   7578856,4.46%, 9/9/2025  3/14/2024   5,005    5,099 
 1,508   7578502,5.79%, 9/9/2025  3/14/2024   1,429    1,443 
 1,987   7579043,5.94%, 9/9/2025  3/14/2024   1,922    1,817 
 4,366   7579059,5.17%, 9/9/2025  3/14/2024   4,185    4,046 
 7,871   7579345,4.74%, 9/9/2025  3/14/2024   7,509    7,555 
 972   7579932,4.97%, 9/10/2025  3/14/2024   920    948 
 8,922   7579813,5.34%, 9/10/2025  3/14/2024   8,611    6,860 
 976   7580186,4.55%, 9/10/2025  3/14/2024   951    939 
 14,916   7580217,5.34%, 9/10/2025  3/14/2024   14,167    14,302 
 13,555   7579611,5.16%, 9/10/2025  3/14/2024   12,950    12,750 
 735   7579857,5.34%, 9/10/2025  3/14/2024   680    722 
 7,657   7579862,6.17%, 9/10/2025  3/14/2024   7,350    7,086 
 12,786   7580032,4.45%, 9/10/2025  3/14/2024   12,182    12,460 
 3,178   7579538,4.44%, 9/10/2025  3/14/2024   3,034    3,092 
 1,778   7579708,5.34%, 9/10/2025  3/14/2024   1,701    1,623 
 1,609   7579919,5.23%, 9/10/2025  3/14/2024   1,558    1,490 
 4,080   7580006,5.53%, 9/10/2025  3/14/2024   3,956    2,653 
 1,341   7579587,5.24%, 9/10/2025  3/14/2024   1,315    728 
 7,694   7580139,4.97%, 9/10/2025  3/14/2024   7,328    7,409 
 579   7579941,6.02%, 9/10/2025  3/14/2024   548    551 
 703   7580357,5.33%, 9/10/2025  3/14/2024   653    689 
 2,692   7580307,5.77%, 9/10/2025  3/14/2024   2,570    2,527 
 1,442   7579959,5.34%, 9/10/2025  3/14/2024   1,355    1,398 
 4,792   7580110,4.54%, 9/10/2025  3/14/2024   4,713    4,024 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024165

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,189   7579985,5.52%, 9/10/2025  3/14/2024  $4,046   $3,151 
 20,461   7580363,4.97%, 9/10/2025  3/14/2024   19,422    19,873 
 4,979   7579449,4.45%, 9/10/2025  3/14/2024   4,760    4,796 
 958   7579560,6.02%, 9/10/2025  3/14/2024   894    923 
 525   7579604,5.91%, 9/10/2025  3/14/2024   497    508 
 6,035   7579718,4.73%, 9/10/2025  3/14/2024   5,772    5,744 
 9,054   7579747,5.34%, 9/10/2025  3/14/2024   8,690    8,280 
 2,343   7579574,5.16%, 9/10/2025  3/14/2024   2,218    2,272 
 902   7579597,6.15%, 9/10/2025  3/14/2024   870    810 
 1,447   7580347,4.72%, 9/10/2025  3/14/2024   1,381    1,391 
 8,722   7581564,5.15%, 9/11/2025  3/14/2024   8,335    8,224 
 24,875   7583798,4.44%, 9/11/2025  3/14/2024   23,933    22,871 
 8,037   7580885,5.76%, 9/11/2025  3/14/2024   7,710    7,053 
 598   7581044,4.53%, 9/11/2025  3/14/2024   575    578 
 631   7583772,5.76%, 9/11/2025  3/14/2024   579    623 
 5,086   7581751,4.45%, 9/11/2025  3/14/2024   4,841    4,971 
 2,238   7580656,6.00%, 9/11/2025  3/14/2024   2,103    2,147 
 6,866   7581071,4.44%, 9/11/2025  3/14/2024   6,559    6,653 
 23,485   7583944,5.76%, 9/11/2025  3/14/2024   22,549    21,455 
 1,191   7580722,5.14%, 9/11/2025  3/14/2024   1,110    1,169 
 1,720   7583319,5.50%, 9/11/2025  3/14/2024   1,657    1,307 
 1,342   7581383,5.92%, 9/11/2025  3/14/2024   1,298    1,197 
 1,794   7580696,4.96%, 9/11/2025  3/14/2024   1,666    1,775 
 40,386   7581816,5.33%, 9/11/2025  3/14/2024   38,481    38,254 
 1,417   7581022,5.21%, 9/11/2025  3/14/2024   1,392    790 
 5,871   7581406,4.44%, 9/11/2025  3/14/2024   5,602    5,705 
 3,924   7580643,5.15%, 9/11/2025  3/14/2024   3,788    3,116 
 5,064   7581295,6.16%, 9/11/2025  3/14/2024   4,850    4,728 
 1,297   7581800,5.16%, 9/11/2025  3/14/2024   1,230    1,240 
 3,884   7581475,5.76%, 9/11/2025  3/14/2024   3,640    3,759 
 9,321   7580763,4.44%, 9/11/2025  3/14/2024   8,916    8,980 
 53,444   7583323,4.44%, 9/11/2025  3/14/2024   51,097    51,781 
 3,865   7580677,4.97%, 9/11/2025  3/14/2024   3,684    3,683 
 955   7587987,5.16%, 9/12/2025  3/15/2024   891    938 
 8,180   7587944,6.16%, 9/12/2025  3/15/2024   7,892    6,895 
 499   7585396,4.71%, 9/12/2025  3/15/2024   465    493 
 24,510   7585577,4.72%, 9/12/2025  3/15/2024   23,390    23,649 
 1,566   7587810,5.76%, 9/12/2025  3/15/2024   1,497    1,467 
 2,946   7588104,5.33%, 9/12/2025  3/15/2024   2,805    2,798 
 1,183   7587585,5.20%, 9/12/2025  3/15/2024   1,153    1,078 
 776   7585339,4.97%, 9/12/2025  3/15/2024   721    766 
 35,812   7587280,5.15%, 9/12/2025  3/15/2024   34,285    33,273 
 806   7586863,5.21%, 9/12/2025  3/15/2024   782    758 
 7,254   7586702,5.52%, 9/12/2025  3/15/2024   7,034    4,646 

 

See Notes to Financial Statements. 
166(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,727   7586493,4.44%, 9/12/2025  3/15/2024  $3,547   $3,635 
 3,456   7586193,4.96%, 9/12/2025  3/15/2024   3,308    3,235 
 3,347   7585909,4.97%, 9/12/2025  3/15/2024   3,173    3,227 
 16,772   7587072,5.15%, 9/12/2025  3/15/2024   15,873    16,266 
 3,131   7585347,5.15%, 9/12/2025  3/15/2024   2,969    3,009 
 3,435   7587419,5.15%, 9/12/2025  3/15/2024   3,294    3,165 
 2,800   7585296,4.96%, 9/12/2025  3/15/2024   2,636    2,742 
 1,712   7586017,5.15%, 9/12/2025  3/15/2024   1,577    1,694 
 18,442   7586054,5.15%, 9/12/2025  3/15/2024   17,381    17,951 
 1,633   7586806,5.75%, 9/12/2025  3/15/2024   1,553    1,553 
 1,452   7587255,6.00%, 9/12/2025  3/15/2024   1,383    1,371 
 24,028   7587444,4.44%, 9/12/2025  3/15/2024   22,977    23,285 
 9,514   7587862,5.51%, 9/12/2025  3/15/2024   9,146    8,509 
 2,012   7586820,4.72%, 9/12/2025  3/15/2024   1,943    1,711 
 31,990   7586512,4.96%, 9/12/2025  3/15/2024   30,432    30,912 
 6,790   7586420,4.44%, 9/12/2025  3/15/2024   6,444    6,643 
 6,807   7586316,4.44%, 9/12/2025  3/15/2024   6,490    6,630 
 585   7586212,5.50%, 9/12/2025  3/15/2024   547    568 
 2,453   7585502,5.21%, 9/12/2025  3/15/2024   2,363    2,346 
 12,348   7584880,4.72%, 9/12/2025  3/15/2024   11,839    11,027 
 25,582   7584415,4.96%, 9/12/2025  3/15/2024   24,286    24,819 
 16,330   7586749,4.44%, 9/12/2025  3/15/2024   15,661    15,172 
 1,152   7587575,5.53%, 9/12/2025  3/15/2024   1,103    1,064 
 3,119   7585521,5.33%, 9/12/2025  3/15/2024   2,954    3,010 
 6,515   7587831,4.97%, 9/12/2025  3/15/2024   6,241    6,086 
 9,217   7587732,4.44%, 9/12/2025  3/15/2024   8,789    8,976 
 2,666   7587783,4.72%, 9/12/2025  3/15/2024   2,496    2,624 
 751   7587857,5.50%, 9/12/2025  3/15/2024   693    739 
 33,793   7587615,4.44%, 9/12/2025  3/15/2024   32,032    33,155 
 1,350   7587050,6.15%, 9/12/2025  3/15/2024   1,270    1,303 
 1,095   7587032,4.44%, 9/12/2025  3/15/2024   1,026    1,079 
 695   7586867,5.75%, 9/12/2025  3/15/2024   648    677 
 7,872   7585931,6.00%, 9/12/2025  3/15/2024   7,442    7,545 
 2,730   7584825,5.33%, 9/12/2025  3/15/2024   2,520    2,687 
 773   7587978,5.53%, 9/12/2025  3/15/2024   725    748 
 2,805   7586801,4.97%, 9/12/2025  3/15/2024   2,639    2,741 
 2,997   7587004,5.33%, 9/12/2025  3/15/2024   2,779    2,935 
 3,784   7587227,4.44%, 9/12/2025  3/15/2024   3,611    3,681 
 513   7586892,5.88%, 9/12/2025  3/15/2024   496    470 
 5,257   7586831,5.33%, 9/12/2025  3/15/2024   5,075    4,024 
 2,046   7586795,5.76%, 9/12/2025  3/15/2024   1,949    1,942 
 3,370   7586727,4.96%, 9/12/2025  3/15/2024   3,140    3,316 
 3,871   7586475,4.72%, 9/12/2025  3/15/2024   3,623    3,807 
 4,320   7586285,4.71%, 9/12/2025  3/15/2024   4,094    4,203 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024167

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$8,303   7585401,4.53%, 9/12/2025  3/15/2024  $8,141   $7,475 
 19,788   7585066,6.00%, 9/12/2025  3/15/2024   18,867    18,683 
 2,278   7587270,5.76%, 9/12/2025  3/15/2024   2,095    2,236 
 1,314   7587599,4.71%, 9/12/2025  3/15/2024   1,226    1,302 
 24,161   7587999,5.15%, 9/12/2025  3/15/2024   23,016    23,080 
 6,891   7586259,4.96%, 9/12/2025  3/15/2024   6,544    6,684 
 1,982   7584403,4.96%, 9/12/2025  3/15/2024   1,900    1,702 
 1,480   7586792,4.52%, 9/12/2025  3/15/2024   1,462    589 
 678   7587433,5.52%, 9/12/2025  3/15/2024   636    660 
 14,328   7585804,4.96%, 9/12/2025  3/15/2024   13,443    14,022 
 4,144   7584369,4.45%, 9/12/2025  3/15/2024   3,953    4,022 
 5,792   7586220,4.72%, 9/12/2025  3/15/2024   5,529    5,565 
 2,877   7586870,4.72%, 9/12/2025  3/15/2024   2,757    2,733 
 5,384   7587200,5.52%, 9/12/2025  3/15/2024   5,010    5,278 
 20,240   7586895,4.72%, 9/12/2025  3/15/2024   19,237    19,704 
 2,472   7588598,4.97%, 9/13/2025  3/18/2024   2,353    2,380 
 2,149   7588311,4.43%, 9/13/2025  3/18/2024   2,053    2,082 
 8,683   7588660,4.96%, 9/13/2025  3/18/2024   8,271    8,340 
 4,077   7588817,4.72%, 9/13/2025  3/18/2024   3,908    3,649 
 2,623   7588867,5.77%, 9/13/2025  3/18/2024   2,528    2,272 
 1,509   7588893,4.96%, 9/13/2025  3/18/2024   1,392    1,485 
 29,642   7590034,5.15%, 9/13/2025  3/18/2024   28,239    27,997 
 205   7588371,6.03%, 9/13/2025  3/18/2024   196    191 
 14,086   7588187,4.44%, 9/13/2025  3/18/2024   13,445    13,645 
 67,183   7590474,4.72%, 9/13/2025  3/18/2024   64,001    64,360 
 1,331   7590299,5.34%, 9/13/2025  3/18/2024   1,281    1,046 
 4,805   7588148,5.33%, 9/13/2025  3/18/2024   4,538    4,650 
 1,826   7590302,5.52%, 9/13/2025  3/18/2024   1,734    1,751 
 44,950   7589819,4.96%, 9/13/2025  3/18/2024   42,937    42,796 
 3,587   7589638,5.76%, 9/13/2025  3/18/2024   3,453    2,502 
 7,240   7589173,4.72%, 9/13/2025  3/18/2024   6,934    6,851 
 624   7588642,5.36%, 9/13/2025  3/18/2024   590    605 
 7,743   7588930,4.44%, 9/13/2025  3/18/2024   7,419    7,214 
 43,991   7589232,4.44%, 9/13/2025  3/18/2024   41,987    42,634 
 39,260   7590321,5.33%, 9/13/2025  3/18/2024   36,963    38,147 
 11,216   7588372,6.00%, 9/13/2025  3/18/2024   10,535    10,742 
 10,816   7590689,4.72%, 9/13/2025  3/18/2024   10,325    10,385 
 6,494   7589007,5.15%, 9/13/2025  3/18/2024   6,146    6,300 
 19,062   7589504,5.51%, 9/13/2025  3/18/2024   17,827    18,506 
 2,469   7590305,4.44%, 9/13/2025  3/18/2024   2,367    2,386 
 4,995   7590460,4.96%, 9/13/2025  3/18/2024   4,790    4,299 
 981   7588176,4.44%, 9/13/2025  3/18/2024   927    964 
 37,377   7590161,4.72%, 9/13/2025  3/18/2024   35,508    36,318 
 6,929   7590674,4.72%, 9/13/2025  3/18/2024   6,622    6,590 

 

See Notes to Financial Statements. 
168(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,775   7590665,4.72%, 9/13/2025  3/18/2024  $3,630   $3,335 
 4,015   7588180,4.45%, 9/13/2025  3/18/2024   3,816    3,914 
 1,030   7588525,5.14%, 9/13/2025  3/18/2024   976    998 
 6,584   7588533,5.51%, 9/13/2025  3/18/2024   6,182    6,378 
 2,699   7588793,4.73%, 9/13/2025  3/18/2024   2,600    2,361 
 2,658   7588634,4.96%, 9/13/2025  3/18/2024   2,540    2,528 
 15,814   7589082,4.44%, 9/13/2025  3/18/2024   15,060    15,445 
 4,322   7590288,4.96%, 9/13/2025  3/18/2024   4,119    4,152 
 31,262   7590798,4.72%, 9/13/2025  3/18/2024   29,168    30,798 
 29,948   7590732,4.72%, 9/13/2025  3/18/2024   28,683    26,789 
 2,927   7588333,4.97%, 9/13/2025  3/18/2024   2,751    2,863 
 37,982   7589653,4.96%, 9/13/2025  3/18/2024   35,919    36,900 
 1,085   7594696,5.18%, 9/14/2025  3/19/2024   1,033    1,024 
 4,182   7595672,4.46%, 9/14/2025  3/19/2024   3,980    4,074 
 14,031   7594259,5.17%, 9/14/2025  3/19/2024   13,501    11,405 
 1,109   7595648,5.79%, 9/14/2025  3/19/2024   1,023    1,077 
 1,503   7596826,5.25%, 9/14/2025  3/19/2024   1,470    868 
 3,682   7594215,5.54%, 9/14/2025  3/19/2024   3,508    3,476 
 4,377   7593555,4.73%, 9/14/2025  3/19/2024   4,171    4,230 
 7,166   7596309,4.98%, 9/14/2025  3/19/2024   6,805    6,930 
 19,872   7595526,5.78%, 9/14/2025  3/19/2024   19,142    14,584 
 7,780   7595589,4.74%, 9/14/2025  3/19/2024   7,428    7,465 
 1,577   7595828,5.34%, 9/14/2025  3/19/2024   1,490    1,523 
 1,175   7594086,4.97%, 9/14/2025  3/19/2024   1,115    1,140 
 672   7593730,6.19%, 9/14/2025  3/19/2024   641    620 
 12,570   7594576,5.17%, 9/14/2025  3/19/2024   11,726    12,301 
 5,254   7593920,4.73%, 9/14/2025  3/19/2024   4,970    5,133 
 3,696   7593613,4.74%, 9/14/2025  3/19/2024   3,516    3,578 
 5,255   7593591,5.54%, 9/14/2025  3/19/2024   5,022    4,873 
 10,795   7594481,4.98%, 9/14/2025  3/19/2024   10,326    9,291 
 686   7593353,5.93%, 9/14/2025  3/19/2024   655    658 
 1,791   7596899,4.55%, 9/14/2025  3/19/2024   1,742    1,726 
 2,812   7595379,4.99%, 9/14/2025  3/19/2024   2,704    2,368 
 2,424   7594552,6.03%, 9/14/2025  3/19/2024   2,282    2,326 
 4,754   7593835,4.46%, 9/14/2025  3/19/2024   4,548    4,432 
 9,090   7596755,4.98%, 9/14/2025  3/19/2024   8,620    8,787 
 9,564   7596844,6.02%, 9/14/2025  3/19/2024   9,189    8,217 
 4,935   7593501,4.74%, 9/14/2025  3/19/2024   4,619    4,858 
 1,771   7593696,5.55%, 9/14/2025  3/19/2024   1,699    1,589 
 2,962   7593732,5.54%, 9/14/2025  3/19/2024   2,846    2,251 
 1,402   7595612,5.23%, 9/14/2025  3/19/2024   1,300    1,387 
 8,460   7593997,4.46%, 9/14/2025  3/19/2024   8,084    8,143 
 25,472   7594914,4.98%, 9/14/2025  3/19/2024   23,683    25,098 
 12,073   7595349,4.98%, 9/14/2025  3/19/2024   11,597    10,246 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024169

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$11,947   7595443,5.35%, 9/14/2025  3/19/2024  $11,096   $11,713 
 36,445   7593359,4.98%, 9/14/2025  3/19/2024   34,451    35,463 
 2,940   7595372,4.46%, 9/14/2025  3/19/2024   2,801    2,866 
 16,180   7595701,4.98%, 9/14/2025  3/19/2024   15,324    15,701 
 4,309   7596088,5.78%, 9/14/2025  3/19/2024   4,101    4,013 
 8,849   7596240,5.17%, 9/14/2025  3/19/2024   8,435    8,345 
 2,937   7595323,5.78%, 9/14/2025  3/19/2024   2,675    2,858 
 11,532   7593767,4.46%, 9/14/2025  3/19/2024   11,020    11,114 
 10,530   7596168,5.93%, 9/14/2025  3/19/2024   10,171    9,383 
 4,251   7596002,4.98%, 9/14/2025  3/19/2024   3,991    4,159 
 1,932   7595598,5.16%, 9/14/2025  3/19/2024   1,806    1,889 
 29,625   7596516,4.98%, 9/14/2025  3/19/2024   28,331    27,734 
 4,537   7595387,5.54%, 9/14/2025  3/19/2024   4,339    4,101 
 15,004   7595223,5.17%, 9/14/2025  3/19/2024   13,947    14,729 
 512   7593856,5.36%, 9/14/2025  3/19/2024   470    503 
 8,507   7593330,4.46%, 9/14/2025  3/19/2024   8,108    8,272 
 18,345   7594705,5.17%, 9/14/2025  3/19/2024   17,401    17,617 
 962   7593320,5.95%, 9/14/2025  3/19/2024   909    926 
 2,171   7593883,5.36%, 9/14/2025  3/19/2024   2,095    1,651 
 6,658   7594095,4.74%, 9/14/2025  3/19/2024   6,367    6,326 
 939   7594690,5.55%, 9/14/2025  3/19/2024   899    870 
 1,656   7593668,4.46%, 9/14/2025  3/19/2024   1,550    1,645 
 314   7595369,5.91%, 9/14/2025  3/19/2024   295    304 
 10,241   7595405,4.98%, 9/14/2025  3/19/2024   9,795    9,607 
 10,137   7596027,4.46%, 9/14/2025  3/19/2024   9,685    9,825 
 3,156   7596073,6.17%, 9/14/2025  3/19/2024   3,046    2,629 
 12,405   7596114,4.98%, 9/14/2025  3/19/2024   11,806    11,954 
 7,888   7596283,4.46%, 9/14/2025  3/19/2024   7,526    7,666 
 27,556   7596352,5.54%, 9/14/2025  3/19/2024   26,115    26,230 
 1,493   7597174,5.17%, 9/15/2025  3/20/2024   1,385    1,476 
 10,630   7597375,5.35%, 9/15/2025  3/20/2024   10,078    10,199 
 2,664   7597546,5.93%, 9/15/2025  3/20/2024   2,580    2,196 
 1,317   7598899,6.02%, 9/15/2025  3/20/2024   1,261    1,200 
 14,342   7598839,4.46%, 9/15/2025  3/20/2024   13,636    13,994 
 1,013   7598807,5.33%, 9/15/2025  3/20/2024   963    962 
 657   7598800,6.03%, 9/15/2025  3/20/2024   628    611 
 3,243   7598758,5.35%, 9/15/2025  3/20/2024   3,077    3,107 
 398   7598010,5.20%, 9/15/2025  3/20/2024   376    385 
 2,875   7598782,4.74%, 9/15/2025  3/20/2024   2,753    2,579 
 4,965   7597727,5.54%, 9/15/2025  3/20/2024   4,688    4,762 
 11,940   7599684,4.46%, 9/15/2025  3/20/2024   11,473    10,975 
 2,741   7598791,5.54%, 9/15/2025  3/20/2024   2,610    2,587 
 2,847   7598315,5.54%, 9/15/2025  3/20/2024   2,648    2,786 
 60,924   7598344,4.74%, 9/15/2025  3/20/2024   58,267    57,819 

 

See Notes to Financial Statements. 
170(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$19,335   7599309,4.46%, 9/15/2025  3/20/2024  $18,365   $18,914 
 37,213   7599027,5.93%, 9/15/2025  3/20/2024   35,444    35,680 
 9,803   7598726,5.35%, 9/15/2025  3/20/2024   9,292    9,399 
 19,177   7598012,4.74%, 9/15/2025  3/20/2024   18,280    18,392 
 1,069   7597351,5.34%, 9/15/2025  3/20/2024   1,015    1,016 
 1,852   7597822,5.53%, 9/15/2025  3/20/2024   1,779    1,412 
 4,059   7597571,5.23%, 9/15/2025(e)  3/20/2024   3,991    768 
 34,627   7599769,4.98%, 9/15/2025  3/20/2024   32,977    33,281 
 5,428   7597627,5.78%, 9/15/2025  3/20/2024   5,089    5,241 
 2,751   7597280,5.17%, 9/15/2025  3/20/2024   2,564    2,696 
 2,380   7598687,5.78%, 9/15/2025  3/20/2024   2,210    2,313 
 440   7597882,5.35%, 9/15/2025  3/20/2024   406    433 
 31,491   7598926,4.98%, 9/15/2025  3/20/2024   30,038    29,972 
 19,010   7597217,4.98%, 9/15/2025  3/20/2024   18,090    18,286 
 1,319   7597211,5.78%, 9/15/2025  3/20/2024   1,255    1,238 
 2,982   7598904,4.46%, 9/15/2025  3/20/2024   2,802    2,938 
 7,823   7598168,6.18%, 9/15/2025  3/20/2024   7,485    7,227 
 7,207   7599013,4.46%, 9/15/2025  3/20/2024   6,857    7,033 
 15,834   7598618,4.98%, 9/15/2025  3/20/2024   15,071    15,221 
 4,847   7597901,5.93%, 9/15/2025  3/20/2024   4,661    4,468 
 3,093   7598832,5.17%, 9/15/2025  3/20/2024   2,948    2,925 
 24,841   7599904,4.98%, 9/15/2025  3/20/2024   23,252    24,348 
 2,975   7597688,5.16%, 9/15/2025  3/20/2024   2,859    2,447 
 2,171   7597517,5.54%, 9/15/2025  3/20/2024   2,045    2,102 
 2,570   7598285,5.93%, 9/15/2025  3/20/2024   2,359    2,486 
 11,082   7600663,4.46%, 9/16/2025  3/21/2024   10,544    10,794 
 1,237   7600825,4.75%, 9/16/2025  3/21/2024   1,172    1,205 
 4,065   7600265,4.98%, 9/16/2025  3/21/2024   3,906    3,437 
 8,588   7600228,4.98%, 9/16/2025  3/21/2024   8,128    8,342 
 12,596   7600437,4.46%, 9/16/2025  3/21/2024   12,077    11,706 
 1,564   7600898,4.75%, 9/16/2025  3/21/2024   1,480    1,529 
 12,715   7600054,4.98%, 9/16/2025  3/21/2024   12,232    10,614 
 15,444   7600091,4.98%, 9/16/2025  3/21/2024   14,634    14,931 
 1,272   7599983,5.78%, 9/16/2025  3/21/2024   1,204    1,212 
 8,598   7600316,4.74%, 9/16/2025  3/21/2024   8,232    7,731 
 13,546   7600483,4.46%, 9/16/2025  3/21/2024   12,934    13,108 
 1,586   7600549,5.16%, 9/16/2025  3/21/2024   1,471    1,553 
 11,732   7600363,4.98%, 9/16/2025  3/21/2024   11,134    11,340 
 1,648   7600980,5.18%, 9/16/2025  3/21/2024   1,582    1,362 
 3,195   7600651,4.56%, 9/16/2025  3/21/2024   3,126    2,883 
 8,439   7600802,4.73%, 9/16/2025  3/21/2024   8,080    7,991 
 2,063   7599949,5.54%, 9/16/2025  3/21/2024   1,974    1,871 
 13,080   7599986,4.98%, 9/16/2025  3/21/2024   12,403    12,655 
 11,407   7600834,4.74%, 9/16/2025  3/21/2024   10,883    10,952 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024171

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,158   7600530,5.17%, 9/16/2025  3/21/2024  $2,043   $2,089 
 5,230   7600962,5.17%, 9/16/2025  3/21/2024   4,983    4,939 
 681   7600957,5.20%, 9/16/2025  3/21/2024   644    658 
 4,804   7600787,4.46%, 9/16/2025  3/21/2024   4,607    4,452 
 11,729   7600164,4.74%, 9/16/2025  3/21/2024   11,145    11,369 
 10,572   7600598,5.17%, 9/16/2025  3/21/2024   9,953    10,201 
 12,328   7600984,4.73%, 9/16/2025  3/21/2024   11,737    11,909 
 2,317   7600884,6.17%, 9/16/2025  3/21/2024   2,224    2,096 
 7,410   7600275,5.54%, 9/16/2025  3/21/2024   7,021    7,035 
 781   7601684,5.52%, 9/17/2025  3/21/2024   721    768 
 7,427   7601641,5.16%, 9/17/2025  3/21/2024   7,024    7,145 
 7,821   7601363,4.45%, 9/17/2025  3/21/2024   7,472    7,535 
 14,990   7601586,4.73%, 9/17/2025  3/21/2024   14,348    14,189 
 5,013   7601067,4.97%, 9/17/2025  3/21/2024   4,791    4,704 
 3,257   7601752,4.97%, 9/17/2025  3/21/2024   3,089    3,161 
 685   7601401,6.02%, 9/17/2025  3/21/2024   645    656 
 2,252   7601448,5.93%, 9/17/2025  3/21/2024   2,160    2,072 
 19,195   7601473,4.45%, 9/17/2025  3/21/2024   18,342    18,472 
 3,655   7601726,5.34%, 9/17/2025  3/21/2024   3,424    3,566 
 9,662   7601405,4.45%, 9/17/2025  3/21/2024   9,225    9,375 
 5,961   7601702,5.15%, 9/17/2025  3/21/2024   5,699    5,522 
 660   7601153,5.53%, 9/17/2025  3/21/2024   607    652 
 11,565   7601171,5.16%, 9/17/2025  3/21/2024   10,881    11,256 
 3,361   7601623,5.15%, 9/17/2025  3/21/2024   3,181    3,249 
 8,828   7601119,5.77%, 9/17/2025  3/21/2024   8,426    8,027 
 3,796   7601458,4.45%, 9/17/2025  3/21/2024   3,611    3,706 
 28,380   7601243,4.73%, 9/17/2025  3/21/2024   26,995    27,048 
 4,132   7601097,5.34%, 9/17/2025  3/21/2024   3,885    4,008 
 1,076   7601691,5.94%, 9/17/2025  3/21/2024   1,029    1,020 
 9,058   7602364,5.15%, 9/18/2025  3/21/2024   8,704    7,452 
 24,513   7604226,4.44%, 9/18/2025  3/21/2024   23,473    22,858 
 5,735   7603573,4.72%, 9/18/2025  3/21/2024   5,461    5,538 
 13,965   7602162,4.44%, 9/18/2025  3/21/2024   13,076    13,792 
 17,585   7604005,5.15%, 9/18/2025  3/21/2024   16,324    17,264 
 4,442   7603936,5.15%, 9/18/2025  3/21/2024   4,133    4,361 
 6,430   7604555,5.76%, 9/18/2025  3/21/2024   6,048    6,206 
 1,159   7602987,5.91%, 9/18/2025  3/21/2024   1,111    1,083 
 15,815   7603478,4.72%, 9/18/2025  3/21/2024   15,079    15,166 
 1,276   7602451,5.75%, 9/18/2025  3/21/2024   1,222    1,128 
 4,303   7602908,4.71%, 9/18/2025  3/21/2024   4,128    3,845 
 3,862   7603051,5.33%, 9/18/2025  3/21/2024   3,613    3,771 
 1,818   7602785,5.15%, 9/18/2025  3/21/2024   1,677    1,802 
 2,161   7604520,5.51%, 9/18/2025  3/21/2024   2,025    2,096 
 6,119   7602299,5.15%, 9/18/2025  3/21/2024   5,796    5,916 

 

See Notes to Financial Statements. 
172(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$8,493   7602132,4.97%, 9/18/2025  3/21/2024  $8,188   $6,773 
 423   7604973,5.22%, 9/18/2025  3/21/2024   405    402 
 2,787   7604606,4.97%, 9/18/2025  3/21/2024   2,687    2,229 
 3,490   7603809,4.72%, 9/18/2025  3/21/2024   3,295    3,422 
 1,791   7603780,5.15%, 9/18/2025  3/21/2024   1,654    1,770 
 2,439   7603600,4.72%, 9/18/2025  3/21/2024   2,323    2,353 
 2,902   7604533,4.97%, 9/18/2025  3/21/2024   2,773    2,721 
 16,926   7604643,5.15%, 9/18/2025  3/21/2024   16,198    15,709 
 3,149   7604763,4.97%, 9/18/2025  3/21/2024   3,016    2,692 
 18,320   7603835,4.72%, 9/18/2025  3/21/2024   17,474    17,541 
 1,439   7602938,4.97%, 9/18/2025  3/21/2024   1,338    1,416 
 16,739   7604433,5.15%, 9/18/2025  3/21/2024   15,857    16,201 
 1,363   7604418,4.52%, 9/18/2025  3/21/2024   1,323    1,314 
 7,811   7603380,5.33%, 9/18/2025  3/21/2024   7,422    7,418 
 6,022   7603443,4.44%, 9/18/2025  3/21/2024   5,704    5,897 
 2,410   7602154,5.91%, 9/18/2025  3/21/2024   2,344    1,458 
 3,984   7603969,5.51%, 9/18/2025  3/21/2024   3,676    3,917 
 662   7602449,5.93%, 9/18/2025  3/21/2024   631    636 
 11,745   7604357,5.52%, 9/18/2025  3/21/2024   11,330    8,712 
 15,893   7603093,5.21%, 9/18/2025  3/21/2024   15,227    15,135 
 3,426   7602489,4.72%, 9/18/2025  3/21/2024   3,252    3,319 
 4,919   7603015,5.52%, 9/18/2025  3/21/2024   4,678    4,677 
 5,437   7604626,4.97%, 9/18/2025  3/21/2024   5,161    5,260 
 17,174   7608929,5.21%, 9/19/2025  3/22/2024   16,821    9,686 
 28,809   7606987,5.51%, 9/19/2025  3/22/2024   27,193    27,613 
 26,590   7607457,4.96%, 9/19/2025  3/22/2024   25,391    24,947 
 10,499   7607579,5.33%, 9/19/2025  3/22/2024   9,821    10,235 
 23,741   7607690,4.72%, 9/19/2025  3/22/2024   22,569    22,978 
 46,697   7607831,4.44%, 9/19/2025  3/22/2024   44,051    45,904 
 77,448   7608464,4.44%, 9/19/2025  3/22/2024   73,855    75,193 
 7,519   7608915,5.15%, 9/19/2025  3/22/2024   7,244    5,945 
 2,049   7607655,5.92%, 9/19/2025  3/22/2024   1,967    1,914 
 938   7606338,5.33%, 9/19/2025  3/22/2024   870    920 
 1,633   7608381,4.44%, 9/19/2025  3/22/2024   1,559    1,580 
 20,266   7606469,5.51%, 9/19/2025  3/22/2024   19,273    19,080 
 5,005   7606851,4.45%, 9/19/2025  3/22/2024   4,770    4,854 
 3,169   7606381,4.72%, 9/19/2025  3/22/2024   3,022    3,032 
 5,017   7608883,4.96%, 9/19/2025  3/22/2024   4,774    4,829 
 6,445   7608824,5.15%, 9/19/2025  3/22/2024   6,171    5,397 
 30,145   7608100,5.91%, 9/19/2025  3/22/2024   28,395    29,098 
 1,926   7607428,4.96%, 9/19/2025  3/22/2024   1,827    1,861 
 15,533   7606890,4.72%, 9/19/2025  3/22/2024   14,789    14,990 
 10,348   7605995,4.44%, 9/19/2025  3/22/2024   9,840    10,097 
 11,600   7605867,4.72%, 9/19/2025  3/22/2024   11,036    11,207 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024173

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$11,805   7608852,4.44%, 9/19/2025  3/22/2024  $11,146   $11,586 
 7,733   7608892,4.96%, 9/19/2025  3/22/2024   7,375    7,361 
 2,628   7606324,5.21%, 9/19/2025  3/22/2024   2,524    2,504 
 23,777   7609028,4.44%, 9/19/2025  3/22/2024   22,523    23,335 
 5,652   7608337,5.15%, 9/19/2025  3/22/2024   5,325    5,487 
 9,216   7607635,6.00%, 9/19/2025  3/22/2024   8,901    6,211 
 1,360   7607246,5.33%, 9/19/2025  3/22/2024   1,300    1,049 
 3,690   7606403,4.44%, 9/19/2025  3/22/2024   3,504    3,610 
 25,507   7606177,4.72%, 9/19/2025  3/22/2024   24,554    22,236 
 4,149   7607380,5.15%, 9/19/2025  3/22/2024   3,880    4,061 
 2,282   7606350,5.34%, 9/19/2025  3/22/2024   2,189    1,837 
 3,323   7606788,4.53%, 9/19/2025  3/22/2024   3,216    3,212 
 1,827   7606724,5.06%, 9/19/2025  3/22/2024   1,748    1,702 
 8,444   7606098,5.15%, 9/19/2025  3/22/2024   7,936    8,211 
 1,634   7605985,5.76%, 9/19/2025  3/22/2024   1,549    1,564 
 5,342   7608798,5.33%, 9/19/2025  3/22/2024   5,048    5,156 
 4,771   7608405,4.72%, 9/19/2025  3/22/2024   4,529    4,640 
 10,574   7607256,4.97%, 9/19/2025  3/22/2024   10,012    10,257 
 1,137   7607651,6.02%, 9/19/2025  3/22/2024   1,092    973 
 1,624   7606970,5.51%, 9/19/2025  3/22/2024   1,489    1,599 
 1,274   7609103,5.52%, 9/19/2025  3/22/2024   1,175    1,248 
 3,012   7608450,5.75%, 9/19/2025  3/22/2024   2,900    2,219 
 10,252   7607307,5.15%, 9/19/2025  3/22/2024   9,712    9,849 
 1,491   7607669,5.52%, 9/19/2025  3/22/2024   1,370    1,477 
 15,937   7607775,4.72%, 9/19/2025  3/22/2024   15,182    15,236 
 2,268   7611561,5.20%, 9/20/2025  3/25/2024   2,164    2,160 
 14,134   7610865,4.96%, 9/20/2025  3/25/2024   13,373    13,728 
 46,823   7612189,4.72%, 9/20/2025  3/25/2024   45,124    39,034 
 1,672   7612172,4.96%, 9/20/2025  3/25/2024   1,580    1,625 
 33,414   7612071,4.44%, 9/20/2025  3/25/2024   31,968    31,145 
 22,830   7611618,5.15%, 9/20/2025  3/25/2024   21,708    21,775 
 11,942   7611479,4.97%, 9/20/2025  3/25/2024   11,390    11,362 
 2,384   7609564,4.96%, 9/20/2025  3/25/2024   2,275    2,241 
 16,281   7610787,4.44%, 9/20/2025  3/25/2024   15,502    15,809 
 33,507   7609729,5.15%, 9/20/2025  3/25/2024   32,214    27,387 
 6,594   7610349,4.44%, 9/20/2025  3/25/2024   6,288    6,390 
 2,399   7611431,4.44%, 9/20/2025  3/25/2024   2,283    2,329 
 2,225   7611580,5.15%, 9/20/2025  3/25/2024   2,105    2,151 
 1,543   7611300,5.16%, 9/20/2025  3/25/2024   1,460    1,480 
 61   7611071,4.97%, 9/20/2025  3/25/2024   36    60 
 49,139   7610535,4.44%, 9/20/2025  3/25/2024   47,183    45,058 
 2,695   7611606,5.14%, 9/20/2025  3/25/2024   2,562    2,574 
 2,055   7609539,5.50%, 9/20/2025  3/25/2024   1,986    1,400 
 10,798   7610101,4.96%, 9/20/2025  3/25/2024   10,271    10,299 

 

See Notes to Financial Statements. 
174(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$748   7611369,4.44%, 9/20/2025  3/25/2024  $701   $740 
 16,494   7611311,5.15%, 9/20/2025  3/25/2024   15,630    15,830 
 10,774   7610275,4.44%, 9/20/2025  3/25/2024   10,277    10,416 
 366   7609533,4.53%, 9/20/2025  3/25/2024   347    351 
 5,446   7611768,4.45%, 9/20/2025  3/25/2024   5,230    5,010 
 64,783   7611826,5.15%, 9/20/2025  3/25/2024   61,798    61,032 
 5,324   7611536,4.96%, 9/20/2025  3/25/2024   5,033    5,176 
 6,345   7611789,4.44%, 9/20/2025  3/25/2024   6,030    6,193 
 42,500   7611089,5.15%, 9/20/2025  3/25/2024   40,296    40,582 
 985   7611067,5.51%, 9/20/2025  3/25/2024   923    951 
 2,386   7610523,5.34%, 9/20/2025  3/25/2024   2,261    2,266 
 1,760   7610408,5.50%, 9/20/2025  3/25/2024   1,676    1,637 
 37,689   7610907,4.44%, 9/20/2025  3/25/2024   35,680    36,935 
 4,071   7612040,4.44%, 9/20/2025  3/25/2024   3,873    3,964 
 713   7611065,4.51%, 9/20/2025  3/25/2024   697    645 
 6,842   7611383,5.15%, 9/20/2025  3/25/2024   6,463    6,621 
 6,541   7611741,5.15%, 9/20/2025  3/25/2024   6,203    6,280 
 1,352   7609589,5.32%, 9/20/2025  3/25/2024   1,287    1,283 
 4,226   7612027,5.33%, 9/20/2025  3/25/2024   3,979    4,096 
 11,453   7610435,5.51%, 9/20/2025  3/25/2024   10,887    10,762 
 659   7610086,5.78%, 9/20/2025  3/25/2024   622    624 
 4,109   7609675,4.44%, 9/20/2025  3/25/2024   3,919    3,978 
 9,813   7611448,5.15%, 9/20/2025  3/25/2024   9,385    8,243 
 230   7611443,6.14%, 9/20/2025  3/25/2024   205    226 
 402   7609554,5.15%, 9/20/2025  3/25/2024   371    398 
 4,604   7610326,4.97%, 9/20/2025  3/25/2024   4,375    4,421 
 9,136   7610198,4.96%, 9/20/2025  3/25/2024   8,628    8,879 
 18,763   7611255,5.33%, 9/20/2025  3/25/2024   17,960    14,943 
 1,528   7611767,6.01%, 9/20/2025  3/25/2024   1,452    1,448 
 2,264   7609507,4.72%, 9/20/2025  3/25/2024   2,155    2,163 
 1,446   7609493,5.15%, 9/20/2025  3/25/2024   1,358    1,403 
 36,121   7609257,4.72%, 9/20/2025  3/25/2024   34,281    34,842 
 24,436   7616424,4.74%, 9/21/2025  3/26/2024   23,111    23,849 
 966   7617420,6.00%, 9/21/2025  3/26/2024   926    836 
 54,977   7616258,4.46%, 9/21/2025  3/26/2024   52,277    53,500 
 1,543   7615496,5.23%, 9/21/2025  3/26/2024   1,500    1,349 
 2,513   7615951,5.16%, 9/21/2025  3/26/2024   2,378    2,415 
 4,074   7617877,5.16%, 9/21/2025  3/26/2024   3,870    3,896 
 1,734   7617619,4.99%, 9/21/2025  3/26/2024   1,656    1,621 
 106   7614901,6.17%, 9/21/2025  3/26/2024   97    103 
 198   7614864,5.21%, 9/21/2025  3/26/2024   185    193 
 11,215   7617553,4.46%, 9/21/2025  3/26/2024   10,643    10,963 
 1,058   7614877,5.80%, 9/21/2025  3/26/2024   1,010    939 
 4,332   7616125,5.54%, 9/21/2025  3/26/2024   4,100    4,122 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024175

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,131   7616194,5.22%, 9/21/2025  3/26/2024  $2,065   $1,941 
 2,755   7616213,4.46%, 9/21/2025  3/26/2024   2,601    2,702 
 680   7616959,6.18%, 9/21/2025  3/26/2024   637    655 
 1,778   7617118,5.53%, 9/21/2025  3/26/2024   1,640    1,751 
 1,318   7617734,5.78%, 9/21/2025  3/26/2024   1,235    1,271 
 4,916   7615439,4.74%, 9/21/2025  3/26/2024   4,605    4,831 
 5,334   7615153,5.36%, 9/21/2025  3/26/2024   5,095    4,899 
 1,648   7615128,4.47%, 9/21/2025  3/26/2024   1,555    1,610 
 5,909   7616924,6.18%, 9/21/2025  3/26/2024   5,565    5,674 
 1,335   7616737,5.16%, 9/21/2025  3/26/2024   1,277    1,125 
 11,635   7615686,4.51%, 9/21/2025  3/26/2024   11,092    11,256 
 9,276   7615216,4.46%, 9/21/2025  3/26/2024   8,837    9,004 
 836   7615681,6.17%, 9/21/2025  3/26/2024   786    802 
 5,415   7616910,4.46%, 9/21/2025  3/26/2024   5,146    5,269 
 3,057   7616164,5.35%, 9/21/2025  3/26/2024   2,905    2,869 
 10,724   7617818,4.73%, 9/21/2025  3/26/2024   10,008    10,586 
 3,030   7616221,4.46%, 9/21/2025  3/26/2024   2,870    2,967 
 7,635   7617102,4.99%, 9/21/2025  3/26/2024   7,317    6,472 
 2,751   7617017,4.98%, 9/21/2025  3/26/2024   2,605    2,661 
 11,638   7616819,4.98%, 9/21/2025  3/26/2024   10,824    11,476 
 21,024   7614648,5.17%, 9/21/2025  3/26/2024   19,823    20,315 
 828   7617594,5.54%, 9/21/2025  3/26/2024   782    795 
 378   7617552,5.97%, 9/21/2025  3/26/2024   358    364 
 4,027   7616739,5.53%, 9/21/2025  3/26/2024   3,816    3,824 
 11,963   7615990,5.17%, 9/21/2025  3/26/2024   11,278    11,584 
 8,331   7615781,4.46%, 9/21/2025  3/26/2024   7,949    8,059 
 29,871   7616563,4.98%, 9/21/2025  3/26/2024   28,348    28,844 
 17,737   7614907,5.78%, 9/21/2025  3/26/2024   16,942    16,233 
 2,573   7614888,4.73%, 9/21/2025  3/26/2024   2,450    2,464 
 8,582   7614492,5.35%, 9/21/2025  3/26/2024   8,148    8,143 
 15,504   7617743,4.46%, 9/21/2025  3/26/2024   14,861    14,318 
 6,860   7616743,4.46%, 9/21/2025  3/26/2024   6,481    6,745 
 467   7615983,6.20%, 9/21/2025  3/26/2024   439    450 
 8,335   7615355,4.46%, 9/21/2025  3/26/2024   7,947    8,069 
 8,049   7615892,4.74%, 9/21/2025  3/26/2024   7,664    7,718 
 23,565   7615520,4.98%, 9/21/2025  3/26/2024   22,512    20,365 
 4,125   7616780,4.74%, 9/21/2025  3/26/2024   3,913    4,014 
 27,024   7617620,4.74%, 9/21/2025  3/26/2024   25,762    25,853 
 48,893   7617885,5.17%, 9/21/2025  3/26/2024   46,824    40,971 
 1,334   7616812,6.18%, 9/21/2025  3/26/2024   1,287    887 
 10,827   7617024,4.98%, 9/21/2025  3/26/2024   10,300    10,341 
 68,075   7617195,4.74%, 9/21/2025  3/26/2024   64,821    65,304 
 3,710   7617598,5.17%, 9/21/2025  3/26/2024   3,467    3,625 
 53,290   7620610,5.35%, 9/22/2025  3/27/2024   50,021    51,680 

 

See Notes to Financial Statements. 
176(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$7,365   7620871,4.46%, 9/22/2025  3/27/2024  $6,954   $7,240 
 8,158   7621170,4.46%, 9/22/2025  3/27/2024   7,779    7,918 
 8,075   7621084,5.53%, 9/22/2025  3/27/2024   7,599    7,709 
 11,834   7621215,5.53%, 9/22/2025  3/27/2024   11,389    8,930 
 5,893   7618839,4.74%, 9/22/2025  3/27/2024   5,584    5,729 
 1,031   7621063,5.53%, 9/22/2025  3/27/2024   951    1,009 
 9,457   7620476,5.78%, 9/22/2025  3/27/2024   8,822    9,191 
 5,690   7619085,5.17%, 9/22/2025  3/27/2024   5,387    5,464 
 2,415   7620276,4.99%, 9/22/2025  3/27/2024   2,297    2,302 
 8,186   7620552,4.98%, 9/22/2025  3/27/2024   7,645    8,015 
 533   7619846,5.92%, 9/22/2025  3/27/2024   509    500 
 4,194   7619319,4.46%, 9/22/2025  3/27/2024   3,987    4,080 
 1,687   7621169,6.04%, 9/22/2025  3/27/2024   1,620    1,443 
 13,035   7619851,5.54%, 9/22/2025  3/27/2024   12,335    12,410 
 6,984   7619245,4.98%, 9/22/2025  3/27/2024   6,596    6,796 
 879   7619207,4.99%, 9/22/2025  3/27/2024   817    865 
 1,186   7619785,5.37%, 9/22/2025  3/27/2024   1,122    1,140 
 36,314   7620909,4.98%, 9/22/2025  3/27/2024   34,925    29,610 
 655   7618128,5.57%, 9/22/2025  3/27/2024   618    627 
 4,917   7618902,4.98%, 9/22/2025  3/27/2024   4,688    4,604 
 3,028   7619220,4.73%, 9/22/2025  3/27/2024   2,880    2,926 
 49,484   7619944,4.74%, 9/22/2025  3/27/2024   47,173    47,076 
 7,668   7618961,5.17%, 9/22/2025  3/27/2024   7,359    6,310 
 7,487   7620445,5.35%, 9/22/2025  3/27/2024   7,100    7,111 
 2,217   7621201,4.55%, 9/22/2025  3/27/2024   2,159    2,069 
 10,077   7619401,4.98%, 9/22/2025  3/27/2024   9,569    9,434 
 7,901   7621111,4.74%, 9/22/2025  3/27/2024   7,558    7,113 
 40,699   7619486,4.74%, 9/22/2025  3/27/2024   38,645    39,395 
 3,276   7620355,6.03%, 9/22/2025  3/27/2024   3,099    3,117 
 798   7620863,5.80%, 9/22/2025  3/27/2024   751    770 
 10,852   7618428,5.26%, 9/22/2025  3/27/2024   10,097    10,602 
 23,880   7618582,4.74%, 9/22/2025  3/27/2024   22,381    23,476 
 3,057   7619055,5.54%, 9/22/2025  3/27/2024   2,910    2,838 
 1,346   7620600,5.78%, 9/22/2025  3/27/2024   1,293    1,002 
 416   7619051,5.78%, 9/22/2025  3/27/2024   383    404 
 36,352   7618159,5.78%, 9/22/2025  3/27/2024   33,319    35,622 
 9,100   7619795,4.98%, 9/22/2025  3/27/2024   8,661    8,673 
 3,505   7619357,6.03%, 9/22/2025  3/27/2024   3,267    3,382 
 3,330   7621986,4.45%, 9/23/2025  3/28/2024   3,157    3,258 
 1,108   7621379,5.53%, 9/23/2025  3/28/2024   1,021    1,093 
 985   7622118,4.98%, 9/23/2025  3/28/2024   936    939 
 985   7621261,6.04%, 9/23/2025  3/28/2024   907    951 
 554   7621721,6.21%, 9/23/2025  3/28/2024   520    533 
 6,751   7621621,4.74%, 9/23/2025  3/28/2024   6,380    6,571 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024177

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$25,660   7621292,4.73%, 9/23/2025  3/28/2024  $24,654   $22,234 
 2,737   7621765,4.73%, 9/23/2025  3/28/2024   2,613    2,596 
 4,791   7621899,5.17%, 9/23/2025  3/28/2024   4,516    4,654 
 8,711   7621944,5.93%, 9/23/2025  3/28/2024   8,394    7,332 
 2,255   7621713,4.99%, 9/23/2025  3/28/2024   2,137    2,176 
 752   7621479,5.78%, 9/23/2025  3/28/2024   690    734 
 5,216   7622016,4.98%, 9/23/2025  3/28/2024   4,959    4,967 
 796   7621374,6.18%, 9/23/2025  3/28/2024   751    757 
 1,703   7621366,5.55%, 9/23/2025  3/28/2024   1,614    1,596 
 4,330   7621461,5.17%, 9/23/2025  3/28/2024   4,094    4,161 
 8,741   7621770,4.98%, 9/23/2025  3/28/2024   8,327    8,140 
 2,418   7621996,5.23%, 9/23/2025  3/28/2024   2,301    2,345 
 23,162   7621513,4.98%, 9/23/2025  3/28/2024   21,872    22,520 
 2,215   7621277,5.79%, 9/23/2025  3/28/2024   2,103    2,081 
 488   7622113,6.14%, 9/23/2025  3/28/2024   460    469 
 696   7622131,5.52%, 9/23/2025  3/28/2024   653    674 
 5,706   7622082,4.46%, 9/23/2025  3/28/2024   5,421    5,562 
 5,445   7621485,4.74%, 9/23/2025  3/28/2024   5,160    5,296 
 16,410   7621845,4.46%, 9/23/2025  3/28/2024   15,676    15,764 
 10,655   7621795,4.46%, 9/23/2025  3/28/2024   10,145    10,347 
 2,258   7621745,5.78%, 9/23/2025  3/28/2024   2,163    1,977 
 5,526   7621726,4.74%, 9/23/2025  3/28/2024   5,293    4,942 
 4,938   7622034,4.46%, 9/23/2025  3/28/2024   4,692    4,808 
 1,557   7621757,5.53%, 9/23/2025  3/28/2024   1,450    1,515 
 17,951   7621399,4.46%, 9/23/2025  3/28/2024   17,072    17,466 
 2,336   7622814,5.16%, 9/24/2025  3/28/2024   2,200    2,259 
 7,886   7622787,4.73%, 9/24/2025  3/28/2024   7,494    7,609 
 2,135   7623017,5.21%, 9/24/2025  3/28/2024   2,082    1,265 
 15,640   7622660,4.45%, 9/24/2025  3/28/2024   14,854    15,248 
 9,645   7622930,4.97%, 9/24/2025  3/28/2024   9,143    9,306 
 11,211   7622874,5.34%, 9/24/2025  3/28/2024   10,638    10,632 
 7,784   7622207,4.73%, 9/24/2025  3/28/2024   7,388    7,536 
 1,048   7622999,6.03%, 9/24/2025  3/28/2024   1,003    909 
 1,955   7623004,4.72%, 9/24/2025  3/28/2024   1,858    1,884 
 4,649   7622978,4.72%, 9/24/2025  3/28/2024   4,400    4,496 
 988   7622764,5.14%, 9/24/2025  3/28/2024   918    970 
 11,844   7622139,4.45%, 9/24/2025  3/28/2024   11,309    11,372 
 785   7622273,4.56%, 9/24/2025  3/28/2024   767    672 
 558   7622415,5.17%, 9/24/2025  3/28/2024   517    552 
 1,773   7622554,5.17%, 9/24/2025  3/28/2024   1,653    1,733 
 702   7622627,5.95%, 9/24/2025  3/28/2024   676    626 
 3,819   7622634,5.34%, 9/24/2025  3/28/2024   3,646    3,480 
 1,752   7622731,4.97%, 9/24/2025  3/28/2024   1,673    1,637 
 6,894   7622590,4.82%, 9/24/2025  3/28/2024   6,529    6,673 

 

See Notes to Financial Statements. 
178(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,265   7622524,4.98%, 9/24/2025  3/28/2024  $4,036   $4,121 
 7,350   7622239,4.72%, 9/24/2025  3/28/2024   6,995    7,084 
 5,065   7622389,4.97%, 9/24/2025  3/28/2024   4,823    4,824 
 1,386   7622759,5.53%, 9/24/2025  3/28/2024   1,337    957 
 2,066   7622316,5.52%, 9/24/2025  3/28/2024   1,969    1,921 
 1,605   7622444,4.45%, 9/24/2025  3/28/2024   1,526    1,562 
 1,311   7622647,5.22%, 9/24/2025  3/28/2024   1,247    1,270 
 13,897   7622454,5.16%, 9/24/2025  3/28/2024   13,151    13,354 
 6,944   7622828,5.77%, 9/24/2025  3/28/2024   6,552    6,634 
 10,770   7622286,4.45%, 9/24/2025  3/28/2024   10,312    9,997 
 4,197   7622184,4.97%, 9/24/2025  3/28/2024   3,978    4,052 
 2,961   7622326,5.92%, 9/24/2025  3/28/2024   2,716    2,908 
 1,550   7622918,5.16%, 9/24/2025  3/28/2024   1,450    1,515 
 1,693   7622545,5.15%, 9/24/2025  3/28/2024   1,589    1,646 
 1,111   7622538,5.35%, 9/24/2025  3/28/2024   1,040    1,077 
 5,148   7622576,5.52%, 9/24/2025  3/28/2024   4,928    4,618 
 979   7622563,4.98%, 9/24/2025  3/28/2024   920    954 
 4,554   7622277,4.73%, 9/24/2025(e)  3/28/2024   4,398    2,104 
 4,215   7622746,5.53%, 9/24/2025  3/28/2024   3,978    4,038 
 3,885   7622770,5.78%, 9/24/2025  3/28/2024   3,701    3,573 
 1,039   7622725,5.17%, 9/24/2025  3/28/2024   983    999 
 9,388   7623501,4.72%, 9/25/2025  3/28/2024   8,917    9,082 
 4,441   7624086,4.97%, 9/25/2025  3/28/2024   4,234    4,160 
 1,222   7624080,4.72%, 9/25/2025  3/28/2024   1,168    1,157 
 1,583   7624455,5.15%, 9/25/2025  3/28/2024   1,468    1,556 
 19,185   7624149,4.72%, 9/25/2025  3/28/2024   18,059    18,819 
 15,978   7623953,5.15%, 9/25/2025  3/28/2024   15,293    13,394 
 1,050   7623612,5.34%, 9/25/2025  3/28/2024   991    1,005 
 3,309   7625429,5.76%, 9/25/2025  3/28/2024   3,128    3,103 
 27,214   7625742,4.44%, 9/25/2025  3/28/2024   25,425    26,838 
 4,934   7624478,5.21%, 9/25/2025  3/28/2024   4,647    4,809 
 3,094   7625549,5.91%, 9/25/2025  3/28/2024   2,839    3,040 
 15,087   7626433,4.96%, 9/25/2025  3/28/2024   14,323    14,496 
 4,717   7623422,4.49%, 9/25/2025  3/28/2024   4,497    4,559 
 6,551   7623316,5.33%, 9/25/2025  3/28/2024   6,165    6,322 
 4,860   7623877,5.14%, 9/25/2025  3/28/2024   4,614    4,644 
 3,450   7623587,5.76%, 9/25/2025  3/28/2024   3,284    3,225 
 8,101   7623375,4.97%, 9/25/2025  3/28/2024   7,667    7,815 
 1,551   7623356,4.72%, 9/25/2025  3/28/2024   1,446    1,531 
 849   7623623,5.32%, 9/25/2025  3/28/2024   801    821 
 2,678   7623646,6.01%, 9/25/2025  3/28/2024   2,574    1,871 
 3,342   7626314,5.51%, 9/25/2025  3/28/2024   3,170    3,174 
 4,525   7624125,5.33%, 9/25/2025  3/28/2024   4,303    4,243 
 8,159   7624382,5.33%, 9/25/2025  3/28/2024   7,534    8,016 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024179

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$981   7626336,5.77%, 9/25/2025  3/28/2024  $928   $930 
 1,514   7625606,5.75%, 9/25/2025  3/28/2024   1,407    1,465 
 3,315   7623304,4.97%, 9/25/2025  3/28/2024   3,136    3,204 
 797   7623371,5.31%, 9/25/2025  3/28/2024   745    772 
 7,113   7625449,4.72%, 9/25/2025  3/28/2024   6,765    6,864 
 8,652   7626341,4.72%, 9/25/2025  3/28/2024   8,265    8,203 
 5,626   7624290,4.44%, 9/25/2025  3/28/2024   5,355    5,471 
 7,040   7625488,4.44%, 9/25/2025  3/28/2024   6,584    6,940 
 16,687   7625632,4.44%, 9/25/2025  3/28/2024   15,929    15,996 
 29,025   7625987,4.72%, 9/25/2025  3/28/2024   27,266    28,474 
 7,779   7626245,5.15%, 9/25/2025  3/28/2024   7,319    7,542 
 13,670   7626793,5.15%, 9/26/2025  3/29/2024   12,864    13,268 
 18,609   7628253,4.96%, 9/26/2025  3/29/2024   17,568    18,068 
 1,322   7627494,5.33%, 9/26/2025  3/29/2024   1,221    1,299 
 257   7628357,5.25%, 9/26/2025  3/29/2024   241    251 
 6,232   7628645,6.03%, 9/26/2025  3/29/2024   5,933    5,803 
 6,467   7629133,5.51%, 9/26/2025  3/29/2024   6,123    6,128 
 6,628   7628732,4.44%, 9/26/2025  3/29/2024   6,329    6,373 
 1,470   7629171,5.77%, 9/26/2025  3/29/2024   1,396    1,371 
 1,666   7630093,4.96%, 9/26/2025  3/29/2024   1,556    1,635 
 12,604   7628663,5.33%, 9/26/2025  3/29/2024   11,924    12,093 
 10,388   7628501,5.52%, 9/26/2025  3/29/2024   9,897    9,614 
 3,372   7629117,4.96%, 9/26/2025  3/29/2024   3,207    3,214 
 6,243   7629421,5.52%, 9/26/2025  3/29/2024   5,842    6,060 
 1,446   7629476,6.16%, 9/26/2025  3/29/2024   1,353    1,399 
 1,249   7628338,5.77%, 9/26/2025  3/29/2024   1,148    1,226 
 1,000   7629535,5.34%, 9/26/2025  3/29/2024   946    964 
 2,274   7626564,4.73%, 9/26/2025  3/29/2024   2,157    2,212 
 2,067   7630067,5.33%, 9/26/2025  3/29/2024   1,903    2,022 
 3,681   7629380,5.34%, 9/26/2025  3/29/2024   3,473    3,550 
 797   7630087,5.14%, 9/26/2025  3/29/2024   739    784 
 1,254   7626786,5.77%, 9/26/2025  3/29/2024   1,188    1,145 
 4,176   7627434,4.72%, 9/26/2025  3/29/2024   3,979    3,996 
 167   7628189,4.56%, 9/26/2025  3/29/2024   160    162 
 747   7628190,5.75%, 9/26/2025  3/29/2024   697    726 
 15,365   7628761,5.33%, 9/26/2025  3/29/2024   14,642    14,369 
 17,179   7629175,4.44%, 9/26/2025  3/29/2024   16,085    17,023 
 8,113   7630019,5.15%, 9/26/2025  3/29/2024   7,783    6,615 
 39,217   7629730,4.44%, 9/26/2025  3/29/2024   37,130    38,267 
 1,600   7630008,6.01%, 9/26/2025  3/29/2024   1,505    1,523 
 24,411   7630106,4.44%, 9/26/2025  3/29/2024   23,217    23,757 
 2,572   7628635,5.16%, 9/26/2025  3/29/2024   2,455    2,390 
 2,213   7628617,6.15%, 9/26/2025  3/29/2024   2,013    2,162 
 6,725   7628212,4.44%, 9/26/2025  3/29/2024   6,411    6,494 

 

See Notes to Financial Statements. 
180(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$8,656   7628010,4.44%, 9/26/2025  3/29/2024  $8,256   $8,362 
 2,344   7627023,4.97%, 9/26/2025  3/29/2024   2,215    2,272 
 2,075   7627219,5.50%, 9/26/2025  3/29/2024   1,961    1,984 
 8,345   7627362,5.33%, 9/26/2025  3/29/2024   7,944    7,821 
 3,883   7627045,5.15%, 9/26/2025  3/29/2024   3,682    3,707 
 11,217   7626750,4.44%, 9/26/2025  3/29/2024   10,704    10,794 
 506   7626652,5.14%, 9/26/2025  3/29/2024   477    490 
 5,997   7627584,5.15%, 9/26/2025  3/29/2024   5,552    5,918 
 1,497   7629718,5.68%, 9/26/2025  3/29/2024   1,408    1,435 
 4,341   7627277,5.76%, 9/26/2025  3/29/2024   3,992    4,246 
 6,382   7628088,5.15%, 9/26/2025  3/29/2024   6,104    5,367 
 2,138   7629503,5.76%, 9/26/2025  3/29/2024   1,944    2,055 
 2,919   7628194,5.14%, 9/26/2025  3/29/2024   2,780    2,706 
 1,537   7629464,4.73%, 9/26/2025  3/29/2024   1,451    1,501 
 1,330   7627032,5.52%, 9/26/2025  3/29/2024   1,256    1,273 
 28,052   7629537,4.96%, 9/26/2025  3/29/2024   26,472    27,313 
 678   7628248,5.50%, 9/26/2025  3/29/2024   633    659 
 28,734   7628367,5.15%, 9/26/2025  3/29/2024   27,026    27,925 
 76,997   7628822,4.44%, 9/26/2025  3/29/2024   73,435    74,165 
 3,701   7629346,5.30%, 9/26/2025  3/29/2024   3,511    3,526 
 660   7627547,4.54%, 9/26/2025  3/29/2024   631    638 
 12,539   7626671,4.96%, 9/26/2025  3/29/2024   11,897    12,042 
 589   7629722,4.53%, 9/26/2025  3/29/2024   567    570 
 7,279   7626921,4.97%, 9/26/2025  3/29/2024   6,761    7,174 
 13,627   7627099,4.44%, 9/26/2025  3/29/2024   12,998    13,118 
 35,328   7627754,5.51%, 9/26/2025  3/29/2024   33,835    31,714 
 5,623   7628135,4.71%, 9/26/2025  3/29/2024   5,318    5,485 
 6,606   7626594,4.44%, 9/26/2025  3/29/2024   6,290    6,393 
 3,585   7627007,5.75%, 9/26/2025  3/29/2024   3,417    3,289 
 8,532   7629088,4.44%, 9/26/2025  3/29/2024   8,174    7,907 
 87   7627015,5.42%, 9/26/2025  3/29/2024   83    79 
 1,028   7626919,5.74%, 9/26/2025  3/29/2024   980    943 
 4,961   7628161,4.96%, 9/26/2025  3/29/2024   4,704    4,765 
 56,159   7631392,5.51%, 9/27/2025  4/1/2024   53,325    52,819 
 3,517   7630568,5.33%, 9/27/2025  4/1/2024   3,311    3,340 
 12,431   7633100,4.72%, 9/27/2025  4/1/2024   11,812    12,011 
 5,627   7631378,4.71%, 9/27/2025  4/1/2024   5,320    5,496 
 9,214   7630617,5.15%, 9/27/2025  4/1/2024   8,766    8,711 
 2,388   7631319,5.21%, 9/27/2025  4/1/2024   2,307    2,181 
 2,808   7632381,4.97%, 9/27/2025  4/1/2024   2,694    2,359 
 3,970   7630768,5.51%, 9/27/2025  4/1/2024   3,752    3,773 
 2,609   7633037,5.91%, 9/27/2025  4/1/2024   2,501    2,340 
 22,761   7633590,6.00%, 9/27/2025  4/1/2024   21,200    21,821 
 8,321   7633552,4.44%, 9/27/2025  4/1/2024   7,944    7,999 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024181

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,156   7633499,5.52%, 9/27/2025  4/1/2024  $3,833   $4,071 
 6,559   7633009,5.76%, 9/27/2025  4/1/2024   6,108    6,363 
 11,840   7631330,4.72%, 9/27/2025  4/1/2024   11,230    11,433 
 12,631   7632399,4.97%, 9/27/2025  4/1/2024   11,980    12,121 
 3,050   7632831,5.52%, 9/27/2025  4/1/2024   2,884    2,878 
 32,136   7632516,4.96%, 9/27/2025  4/1/2024   30,131    31,412 
 2,369   7633094,4.72%, 9/27/2025  4/1/2024   2,246    2,292 
 423   7632513,4.53%, 9/27/2025  4/1/2024   412    395 
 1,157   7630401,5.16%, 9/27/2025  4/1/2024   1,066    1,143 
 3,481   7631203,4.97%, 9/27/2025  4/1/2024   3,280    3,380 
 3,985   7633534,4.96%, 9/27/2025  4/1/2024   3,761    3,868 
 21,474   7632734,5.15%, 9/27/2025  4/1/2024   20,409    20,325 
 1,442   7632872,5.76%, 9/27/2025  4/1/2024   1,362    1,369 
 2,286   7630808,5.77%, 9/27/2025  4/1/2024   2,197    1,666 
 12,411   7632256,5.33%, 9/27/2025  4/1/2024   11,572    12,033 
 4,092   7633055,5.33%, 9/27/2025  4/1/2024   3,771    4,003 
 4,257   7633191,5.21%, 9/27/2025  4/1/2024   4,109    3,761 
 1,800   7633366,4.54%, 9/27/2025  4/1/2024   1,722    1,748 
 1,392   7633167,6.15%, 9/27/2025  4/1/2024   1,298    1,347 
 3,057   7630742,5.15%, 9/27/2025  4/1/2024   2,894    2,928 
 2,054   7632891,4.54%, 9/27/2025  4/1/2024   1,995    1,926 
 162   7630562,5.12%, 9/27/2025  4/1/2024   154    155 
 9,490   7632428,5.21%, 9/27/2025  4/1/2024   9,054    9,094 
 1,329   7633585,5.32%, 9/27/2025  4/1/2024   1,256    1,275 
 11,042   7633431,5.91%, 9/27/2025  4/1/2024   10,425    10,487 
 1,002   7633388,6.16%, 9/27/2025  4/1/2024   939    952 
 8,954   7633313,5.15%, 9/27/2025  4/1/2024   8,326    8,744 
 8,543   7632339,4.44%, 9/27/2025  4/1/2024   8,138    8,286 
 6,339   7632489,4.54%, 9/27/2025  4/1/2024   6,158    5,768 
 9,398   7632315,6.01%, 9/27/2025  4/1/2024   9,065    5,859 
 7,864   7631244,4.44%, 9/27/2025  4/1/2024   7,476    7,637 
 4,298   7631225,4.71%, 9/27/2025  4/1/2024   4,041    4,209 
 1,845   7631147,5.50%, 9/27/2025  4/1/2024   1,771    1,445 
 764   7630604,6.14%, 9/27/2025  4/1/2024   713    739 
 2,039   7630393,4.96%, 9/27/2025  4/1/2024   1,915    1,988 
 27,363   7630406,6.15%, 9/27/2025  4/1/2024   25,595    26,444 
 3,538   7630375,5.91%, 9/27/2025  4/1/2024   3,415    2,939 
 27,314   7632896,4.72%, 9/27/2025  4/1/2024   25,928    26,364 
 1,272   7630670,4.54%, 9/27/2025  4/1/2024   1,190    1,246 
 2,508   7630819,5.15%, 9/27/2025  4/1/2024   2,324    2,481 
 23,356   7633204,4.96%, 9/27/2025  4/1/2024   22,312    20,312 
 5,097   7631152,4.72%, 9/27/2025  4/1/2024   4,812    4,979 
 5,555   7633295,5.15%, 9/27/2025  4/1/2024   5,277    5,304 
 61,298   7637502,4.46%, 9/28/2025  4/2/2024   58,472    59,211 

 

See Notes to Financial Statements. 
182(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,230   7636323,5.33%, 9/28/2025  4/2/2024  $1,162   $1,175 
 1,882   7636659,4.55%, 9/28/2025  4/2/2024   1,790    1,799 
 3,160   7638693,5.36%, 9/28/2025  4/2/2024   2,923    3,042 
 12,664   7637366,5.32%, 9/28/2025  4/2/2024   12,017    11,999 
 16,423   7637034,4.74%, 9/28/2025  4/2/2024   15,657    15,685 
 4,195   7636712,5.16%, 9/28/2025  4/2/2024   3,993    3,939 
 2,427   7639627,5.35%, 9/28/2025  4/2/2024   2,318    2,028 
 25,098   7639414,4.74%, 9/28/2025  4/2/2024   23,897    24,060 
 10,932   7638493,5.35%, 9/28/2025  4/2/2024   10,361    10,293 
 875   7637432,5.81%, 9/28/2025  4/2/2024   835    790 
 19,523   7638175,5.17%, 9/28/2025  4/2/2024   18,533    18,523 
 13,331   7638735,6.03%, 9/28/2025  4/2/2024   12,623    12,587 
 3,040   7636160,5.14%, 9/28/2025  4/2/2024   2,847    2,927 
 3,290   7639653,5.94%, 9/28/2025  4/2/2024   3,181    2,263 
 1,909   7639377,6.18%, 9/28/2025  4/2/2024   1,747    1,808 
 17,691   7635874,4.74%, 9/28/2025  4/2/2024   16,861    16,893 
 24,735   7636780,4.46%, 9/28/2025  4/2/2024   23,518    23,991 
 5,706   7638429,5.78%, 9/28/2025  4/2/2024   5,349    5,435 
 1,824   7639613,5.34%, 9/28/2025  4/2/2024   1,723    1,741 
 12,123   7638315,4.98%, 9/28/2025  4/2/2024   11,457    11,673 
 1,402   7637434,5.35%, 9/28/2025  4/2/2024   1,320    1,341 
 25,598   7639004,4.98%, 9/28/2025  4/2/2024   23,785    24,714 
 13,055   7637226,5.78%, 9/28/2025  4/2/2024   12,364    12,259 
 12,606   7638654,5.17%, 9/28/2025  4/2/2024   12,080    10,893 
 3,687   7639339,5.54%, 9/28/2025  4/2/2024   3,506    3,447 
 10,458   7638856,5.54%, 9/28/2025  4/2/2024   9,959    9,627 
 641   7638718,5.14%, 9/28/2025  4/2/2024   607    611 
 3,855   7637446,4.98%, 9/28/2025  4/2/2024   3,625    3,711 
 2,167   7635786,5.18%, 9/28/2025  4/2/2024   2,046    2,077 
 9,693   7638938,4.98%, 9/28/2025  4/2/2024   9,114    9,343 
 1,549   7637350,6.25%, 9/28/2025  4/2/2024   1,427    1,471 
 6,419   7636257,4.73%, 9/28/2025  4/2/2024   6,127    5,868 
 766   7638164,6.19%, 9/28/2025  4/2/2024   719    728 
 4,653   7638609,6.17%, 9/28/2025  4/2/2024   4,429    4,039 
 13,250   7636029,5.53%, 9/28/2025  4/2/2024   12,594    12,401 
 7,081   7636196,5.35%, 9/28/2025  4/2/2024   6,774    5,898 
 632   7636340,5.79%, 9/28/2025  4/2/2024   590    601 
 16,423   7639672,5.14%, 9/28/2025  4/2/2024   15,647    14,446 
 6,430   7639358,4.74%, 9/28/2025  4/2/2024   6,101    6,192 
 4,785   7641818,6.18%, 9/29/2025  4/3/2024   4,387    4,572 
 24,269   7641118,5.54%, 9/29/2025  4/3/2024   22,884    22,970 
 3,904   7640984,6.18%, 9/29/2025  4/3/2024   3,679    3,678 
 1,279   7640787,4.99%, 9/29/2025  4/3/2024   1,216    1,207 
 8,528   7640672,5.17%, 9/29/2025  4/3/2024   8,096    8,084 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024183

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,319   7640086,4.46%, 9/29/2025  4/3/2024  $3,160   $3,211 
 1,079   7640133,5.55%, 9/29/2025  4/3/2024   1,031    886 
 16,808   7639862,4.74%, 9/29/2025  4/3/2024   15,849    16,246 
 2,733   7640325,4.55%, 9/29/2025  4/3/2024   2,639    2,590 
 12,781   7640795,4.46%, 9/29/2025  4/3/2024   12,167    12,366 
 2,710   7642696,5.16%, 9/29/2025  4/3/2024   2,558    2,588 
 6,579   7643298,5.53%, 9/29/2025  4/3/2024   6,115    6,277 
 27,382   7641511,4.74%, 9/29/2025  4/3/2024   25,634    26,502 
 7,581   7643196,4.58%, 9/29/2025  4/3/2024   7,204    7,342 
 3,239   7642513,4.74%, 9/29/2025  4/3/2024   3,095    2,963 
 937   7642974,5.93%, 9/29/2025  4/3/2024   905    647 
 20,814   7642526,5.17%, 9/29/2025  4/3/2024   19,700    19,886 
 7,349   7641452,6.03%, 9/29/2025  4/3/2024   6,940    6,924 
 3,404   7640387,5.78%, 9/29/2025  4/3/2024   3,233    3,155 
 1,493   7639756,4.60%, 9/29/2025  4/3/2024   1,416    1,448 
 4,754   7642173,4.73%, 9/29/2025  4/3/2024   4,494    4,592 
 2,118   7642944,5.36%, 9/29/2025  4/3/2024   2,004    2,008 
 8,701   7643371,4.74%, 9/29/2025  4/3/2024   8,238    8,373 
 6,595   7640156,4.73%, 9/29/2025  4/3/2024   6,279    6,326 
 717   7640272,5.37%, 9/29/2025  4/3/2024   665    688 
 2,195   7640070,5.36%, 9/29/2025  4/3/2024   2,051    2,108 
 9,081   7639807,4.58%, 9/29/2025  4/3/2024   8,625    8,797 
 23,551   7642989,4.74%, 9/29/2025  4/3/2024   22,557    21,521 
 9,770   7642766,5.78%, 9/29/2025  4/3/2024   9,311    8,829 
 1,945   7640231,5.54%, 9/29/2025  4/3/2024   1,842    1,815 
 1,064   7640961,6.03%, 9/29/2025  4/3/2024   982    1,007 
 4,033   7641893,5.54%, 9/29/2025  4/3/2024   3,721    3,881 
 5,394   7642737,5.17%, 9/29/2025  4/3/2024   5,100    5,151 
 952   7641947,4.74%, 9/29/2025  4/3/2024   878    918 
 17,423   7642211,4.98%, 9/29/2025  4/3/2024   16,597    16,458 
 35,258   7641970,5.17%, 9/29/2025  4/3/2024   33,468    33,436 
 8,981   7641348,4.89%, 9/29/2025  4/3/2024   8,499    8,634 
 10,129   7642336,5.54%, 9/29/2025  4/3/2024   9,348    9,735 
 3,677   7642920,5.53%, 9/29/2025  4/3/2024   3,491    3,438 
 2,641   7640911,4.99%, 9/29/2025  4/3/2024   2,516    2,494 
 9,990   7642424,4.46%, 9/29/2025  4/3/2024   9,500    9,690 
 607   7642157,6.01%, 9/29/2025  4/3/2024   557    580 
 7,704   7642823,4.55%, 9/29/2025  4/3/2024   7,492    7,076 
 3,305   7640435,5.54%, 9/29/2025  4/3/2024   3,048    3,167 
 3,849   7640562,5.78%, 9/29/2025  4/3/2024   3,587    3,685 
 938   7645125,5.95%, 9/30/2025  4/4/2024   899    858 
 1,160   7645113,4.54%, 9/30/2025  4/4/2024   1,128    1,025 
 852   7643737,4.55%, 9/30/2025  4/4/2024   787    819 
 10,304   7644159,6.18%, 9/30/2025  4/4/2024   9,661    9,697 

 

See Notes to Financial Statements. 
184(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,195   7644301,5.16%, 9/30/2025  4/4/2024  $3,005   $3,056 
 4,271   7644710,5.54%, 9/30/2025  4/4/2024   4,097    3,515 
 16,881   7644824,5.17%, 9/30/2025  4/4/2024   15,971    16,110 
 26,260   7645209,5.53%, 9/30/2025  4/4/2024   24,747    24,958 
 1,674   7645101,6.01%, 9/30/2025  4/4/2024   1,592    1,546 
 2,617   7644063,5.78%, 9/30/2025  4/4/2024   2,509    2,071 
 11,021   7645131,4.74%, 9/30/2025  4/4/2024   10,473    10,560 
 1,812   7643548,4.56%, 9/30/2025  4/4/2024   1,762    1,601 
 1,311   7643770,4.98%, 9/30/2025  4/4/2024   1,231    1,263 
 490   7643890,4.56%, 9/30/2025  4/4/2024   478    394 
 1,466   7643927,4.98%, 9/30/2025  4/4/2024   1,368    1,411 
 13,703   7643949,4.58%, 9/30/2025  4/4/2024   12,983    13,283 
 19,753   7644507,5.78%, 9/30/2025  4/4/2024   19,021    15,665 
 9,766   7644634,5.35%, 9/30/2025  4/4/2024   9,182    9,337 
 6,343   7645009,4.73%, 9/30/2025  4/4/2024   6,048    6,057 
 917   7643715,5.53%, 9/30/2025  4/4/2024   841    876 
 1,442   7643776,5.14%, 9/30/2025  4/4/2024   1,371    1,360 
 1,599   7643779,5.52%, 9/30/2025  4/4/2024   1,506    1,520 
 2,931   7644607,4.98%, 9/30/2025  4/4/2024   2,748    2,825 
 3,802   7643523,4.99%, 9/30/2025  4/4/2024   3,604    3,646 
 24,253   7643559,4.73%, 9/30/2025  4/4/2024   23,079    23,259 
 3,523   7645078,4.98%, 9/30/2025  4/4/2024   3,347    3,362 
 6,212   7645043,5.94%, 9/30/2025  4/4/2024   6,022    4,314 
 1,222   7644989,4.99%, 9/30/2025  4/4/2024   1,137    1,182 
 4,096   7643853,5.54%, 9/30/2025  4/4/2024   3,866    3,874 
 2,481   7644082,6.18%, 9/30/2025  4/4/2024   2,258    2,343 
 9,194   7644326,4.98%, 9/30/2025  4/4/2024   8,682    8,847 
 1,756   7644780,6.02%, 9/30/2025  4/4/2024   1,673    1,623 
 1,896   7644796,5.16%, 9/30/2025  4/4/2024   1,756    1,822 
 1,112   7643799,4.44%, 9/30/2025  4/4/2024   1,047    1,081 
 2,727   7644734,5.54%, 9/30/2025  4/4/2024   2,516    2,613 
 628   7644156,5.94%, 9/30/2025  4/4/2024   601    574 
 2,640   7644271,5.78%, 9/30/2025  4/4/2024   2,494    2,501 
 4,160   7643472,4.73%, 9/30/2025  4/4/2024   3,921    4,021 
 11,167   7644411,4.74%, 9/30/2025  4/4/2024   10,505    10,803 
 4,451   7643893,4.46%, 9/30/2025  4/4/2024   4,234    4,304 
 2,724   7644957,6.02%, 9/30/2025  4/4/2024   2,538    2,583 
 10,663   7647201,4.45%, 10/1/2025  4/4/2024   10,131    10,341 
 342   7648244,5.95%, 10/1/2025  4/4/2024   312    327 
 8,317   7647981,4.45%, 10/1/2025  4/4/2024   7,802    8,073 
 15,321   7648321,4.97%, 10/1/2025  4/4/2024   14,429    14,762 
 4,618   7648466,4.45%, 10/1/2025  4/4/2024   4,398    4,459 
 1,924   7649258,5.34%, 10/1/2025  4/4/2024   1,792    1,834 
 1,734   7646592,4.57%, 10/1/2025  4/4/2024   1,620    1,681 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024185

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$534   7646080,4.72%, 10/1/2025  4/4/2024  $498   $517 
 3,596   7646809,5.15%, 10/1/2025  4/4/2024   3,378    3,456 
 1,663   7646317,4.57%, 10/1/2025  4/4/2024   1,557    1,609 
 4,760   7648095,5.16%, 10/1/2025  4/4/2024   4,487    4,558 
 1,275   7646291,4.97%, 10/1/2025  4/4/2024   1,207    1,221 
 3,124   7648917,4.57%, 10/1/2025  4/4/2024   2,967    3,023 
 2,836   7648896,5.52%, 10/1/2025  4/4/2024   2,694    2,653 
 8,952   7648790,5.52%, 10/1/2025  4/4/2024   8,422    8,504 
 832   7648246,5.53%, 10/1/2025  4/4/2024   768    800 
 8,576   7648159,5.77%, 10/1/2025  4/4/2024   8,131    8,060 
 1,774   7647309,5.93%, 10/1/2025  4/4/2024   1,700    1,623 
 760   7646581,5.19%, 10/1/2025  4/4/2024   721    727 
 21,865   7646344,4.45%, 10/1/2025  4/4/2024   20,694    21,222 
 48,875   7647325,4.97%, 10/1/2025  4/4/2024   46,422    46,604 
 16,801   7647700,4.97%, 10/1/2025  4/4/2024   15,905    16,140 
 24,685   7648506,4.88%, 10/1/2025  4/4/2024   23,202    23,812 
 20,158   7649109,4.97%, 10/1/2025  4/4/2024   19,098    19,327 
 1,270   7647947,5.54%, 10/1/2025  4/4/2024   1,186    1,215 
 1,498   7648138,5.22%, 10/1/2025  4/4/2024   1,424    1,438 
 1,070   7647880,5.93%, 10/1/2025  4/4/2024   1,029    932 
 859   7648146,4.53%, 10/1/2025  4/4/2024   840    694 
 3,383   7649317,4.97%, 10/1/2025  4/4/2024   3,146    3,269 
 2,019   7649301,5.52%, 10/1/2025  4/4/2024   1,905    1,912 
 440   7647895,5.92%, 10/1/2025  4/4/2024   416    419 
 816   7646059,5.53%, 10/1/2025  4/4/2024   763    780 
 4,681   7645920,5.15%, 10/1/2025  4/4/2024   4,318    4,509 
 2,913   7645832,5.35%, 10/1/2025  4/4/2024   2,703    2,768 
 1,301   7646107,4.55%, 10/1/2025  4/4/2024   1,279    804 
 27,455   7646832,5.77%, 10/1/2025  4/4/2024   25,942    26,032 
 4,328   7648262,4.97%, 10/1/2025  4/4/2024   4,079    4,171 
 13,744   7648981,4.45%, 10/1/2025  4/4/2024   13,052    13,337 
 3,176   7646774,4.45%, 10/1/2025  4/4/2024   3,012    3,081 
 714   7646611,6.19%, 10/1/2025  4/4/2024   678    657 
 9,223   7645640,4.88%, 10/1/2025  4/4/2024   8,760    8,833 
 12,824   7646629,5.53%, 10/1/2025  4/4/2024   12,227    10,573 
 4,244   7646738,5.77%, 10/1/2025  4/4/2024   4,000    3,973 
 1,252   7647975,4.74%, 10/1/2025  4/4/2024   1,190    1,206 
 5,702   7646183,5.53%, 10/1/2025  4/4/2024   5,436    5,255 
 859   7648155,5.00%, 10/1/2025  4/4/2024   817    811 
 2,074   7652906,4.73%, 10/2/2025  4/5/2024   1,946    2,008 
 6,691   7649912,4.98%, 10/2/2025  4/5/2024   6,303    6,433 
 5,904   7650368,4.98%, 10/2/2025  4/5/2024   5,590    5,671 
 777   7652194,5.94%, 10/2/2025  4/5/2024   745    711 
 9,428   7653615,6.01%, 10/2/2025  4/5/2024   8,807    8,937 

 

See Notes to Financial Statements. 
186(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,497   7653761,6.17%, 10/2/2025  4/5/2024  $5,103   $5,232 
 1,340   7653814,5.77%, 10/2/2025  4/5/2024   1,251    1,275 
 10,898   7651098,5.34%, 10/2/2025  4/5/2024   10,435    9,168 
 349   7651090,5.34%, 10/2/2025  4/5/2024   321    334 
 14,471   7650123,5.13%, 10/2/2025  4/5/2024   13,680    13,850 
 709   7651077,5.93%, 10/2/2025  4/5/2024   679    648 
 1,615   7651018,5.35%, 10/2/2025  4/5/2024   1,517    1,543 
 2,624   7649830,5.35%, 10/2/2025  4/5/2024   2,500    2,440 
 9,501   7650432,4.57%, 10/2/2025  4/5/2024   9,095    8,946 
 3,074   7649890,5.53%, 10/2/2025  4/5/2024   2,925    2,834 
 792   7651217,5.76%, 10/2/2025  4/5/2024   728    756 
 387   7652361,5.92%, 10/2/2025  4/5/2024   355    371 
 3,962   7649863,4.73%, 10/2/2025  4/5/2024   3,754    3,828 
 2,067   7651064,4.96%, 10/2/2025  4/5/2024   1,967    1,953 
 6,617   7651238,4.45%, 10/2/2025  4/5/2024   6,285    6,413 
 4,446   7651525,4.72%, 10/2/2025  4/5/2024   4,213    4,280 
 10,499   7652216,4.97%, 10/2/2025  4/5/2024   9,837    10,119 
 2,433   7649695,5.33%, 10/2/2025  4/5/2024   2,321    2,029 
 1,258   7650337,5.52%, 10/2/2025  4/5/2024   1,199    1,157 
 6,371   7651365,4.58%, 10/2/2025  4/5/2024   6,058    6,155 
 2,021   7650091,5.35%, 10/2/2025  4/5/2024   1,927    1,879 
 3,660   7652199,5.68%, 10/2/2025  4/5/2024   3,476    3,422 
 7,178   7650021,5.52%, 10/2/2025  4/5/2024   6,882    5,937 
 6,368   7649738,4.97%, 10/2/2025  4/5/2024   6,025    6,117 
 875   7653871,6.15%, 10/2/2025  4/5/2024   811    831 
 4,024   7650932,5.15%, 10/2/2025  4/5/2024   3,753    3,867 
 2,994   7651338,5.15%, 10/2/2025  4/5/2024   2,835    2,855 
 3,332   7653852,5.34%, 10/2/2025  4/5/2024   3,163    3,089 
 2,267   7649678,5.35%, 10/2/2025  4/5/2024   2,147    2,148 
 13,368   7651568,4.73%, 10/2/2025  4/5/2024   12,636    12,909 
 2,616   7651735,4.89%, 10/2/2025  4/5/2024   2,436    2,532 
 1,138   7653377,5.35%, 10/2/2025  4/5/2024   1,077    1,086 
 17,446   7652485,5.16%, 10/2/2025  4/5/2024   16,603    16,367 
 1,217   7650119,4.98%, 10/2/2025  4/5/2024   1,149    1,171 
 3,007   7650841,5.15%, 10/2/2025  4/5/2024   2,785    2,895 
 6,447   7651475,5.15%, 10/2/2025  4/5/2024   6,089    6,156 
 2,807   7651687,5.34%, 10/2/2025  4/5/2024   2,620    2,695 
 11,488   7652709,5.16%, 10/2/2025  4/5/2024   10,792    11,022 
 598   7650613,5.25%, 10/2/2025  4/5/2024   573    564 
 1,117   7651682,5.13%, 10/2/2025  4/5/2024   1,048    1,075 
 59,908   7651771,4.73%, 10/2/2025  4/5/2024   56,318    57,986 
 541   7652929,5.90%, 10/2/2025  4/5/2024   513    511 
 3,465   7649640,4.57%, 10/2/2025  4/5/2024   3,273    3,360 
 10,038   7650629,4.97%, 10/2/2025  4/5/2024   9,536    9,578 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024187

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$430   7651039,5.16%, 10/2/2025  4/5/2024  $399   $415 
 3,818   7653512,4.98%, 10/2/2025  4/5/2024   3,606    3,671 
 201   7653832,6.16%, 10/2/2025  4/5/2024   183    186 
 2,960   7653415,4.98%, 10/2/2025  4/5/2024   2,772    2,852 
 2,503   7653384,4.88%, 10/2/2025  4/5/2024   2,372    2,404 
 55,365   7652951,5.53%, 10/2/2025  4/5/2024   52,291    52,381 
 359   7654007,5.19%, 10/3/2025  4/8/2024   346    331 
 3,405   7655139,4.58%, 10/3/2025  4/8/2024   3,231    3,294 
 22,999   7654885,5.34%, 10/3/2025  4/8/2024   21,744    21,821 
 1,340   7654634,5.53%, 10/3/2025  4/8/2024   1,216    1,287 
 1,360   7654498,4.55%, 10/3/2025  4/8/2024   1,313    1,293 
 8,416   7654017,4.97%, 10/3/2025  4/8/2024   7,981    8,073 
 10,421   7657554,4.57%, 10/3/2025  4/8/2024   9,851    10,103 
 24,581   7657214,5.34%, 10/3/2025  4/8/2024   23,266    23,175 
 8,539   7655948,4.57%, 10/3/2025  4/8/2024   8,105    8,261 
 12,879   7655271,4.97%, 10/3/2025  4/8/2024   12,001    12,445 
 4,455   7654776,5.13%, 10/3/2025  4/8/2024   4,213    4,203 
 3,726   7654546,5.15%, 10/3/2025  4/8/2024   3,505    3,555 
 5,459   7654091,4.73%, 10/3/2025  4/8/2024   5,170    5,253 
 1,593   7657513,4.89%, 10/3/2025  4/8/2024   1,522    1,460 
 2,093   7654855,5.34%, 10/3/2025  4/8/2024   1,994    1,946 
 2,616   7655435,5.16%, 10/3/2025  4/8/2024   2,481    2,479 
 21,444   7656756,4.97%, 10/3/2025  4/8/2024   20,266    20,553 
 16,870   7657339,4.57%, 10/3/2025  4/8/2024   15,880    16,358 
 26,687   7657022,4.45%, 10/3/2025  4/8/2024   25,445    25,779 
 3,571   7655394,5.52%, 10/3/2025  4/8/2024   3,308    3,413 
 5,978   7654676,5.16%, 10/3/2025  4/8/2024   5,674    5,674 
 1,691   7654655,5.36%, 10/3/2025  4/8/2024   1,624    1,426 
 2,573   7654145,5.77%, 10/3/2025  4/8/2024   2,366    2,457 
 5,943   7654387,5.31%, 10/3/2025  4/8/2024   5,592    5,666 
 3,856   7655183,5.16%, 10/3/2025  4/8/2024   3,640    3,683 
 1,249   7655944,4.71%, 10/3/2025  4/8/2024   1,179    1,208 
 1,071   7654250,5.79%, 10/3/2025  4/8/2024   1,019    970 
 1,940   7655248,5.22%, 10/3/2025  4/8/2024   1,861    1,805 
 23,146   7656541,4.57%, 10/3/2025  4/8/2024   21,994    22,302 
 1,861   7655376,5.78%, 10/3/2025  4/8/2024   1,762    1,724 
 5,247   7653932,5.52%, 10/3/2025  4/8/2024   4,904    5,003 
 6,809   7655799,4.72%, 10/3/2025  4/8/2024   6,369    6,598 
 4,517   7654207,4.44%, 10/3/2025  4/8/2024   4,293    4,370 
 1,360   7657200,5.91%, 10/3/2025  4/8/2024   1,296    1,260 
 6,971   7654266,4.73%, 10/3/2025  4/8/2024   6,489    6,748 
 70,983   7656025,5.34%, 10/3/2025  4/8/2024   67,561    65,965 
 63,093   7655450,5.22%, 10/3/2025  4/8/2024   60,683    58,204 
 1,285   7656871,4.87%, 10/3/2025  4/8/2024   1,197    1,243 

 

See Notes to Financial Statements. 
188(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,304   7656942,5.15%, 10/3/2025  4/8/2024  $3,069   $3,173 
 2,334   7655158,6.17%, 10/3/2025  4/8/2024   2,199    2,199 
 1,614   7656963,5.52%, 10/3/2025  4/8/2024   1,527    1,505 
 1,472   7654526,5.68%, 10/3/2025  4/8/2024   1,384    1,371 
 984   7655213,5.93%, 10/3/2025  4/8/2024   798    756 
 4,841   7655877,5.77%, 10/3/2025  4/8/2024   4,517    4,602 
 1,010   7656723,4.73%, 10/3/2025  4/8/2024   902    966 
 7,747   7656982,5.68%, 10/3/2025  4/8/2024   7,299    7,278 
 1,928   7654191,5.33%, 10/3/2025  4/8/2024   1,777    1,846 
 21,602   7657609,4.45%, 10/3/2025  4/8/2024   20,592    20,867 
 33,269   7659976,4.59%, 10/4/2025  4/9/2024   31,657    32,087 
 14,282   7664063,4.59%, 10/4/2025  4/9/2024   13,586    13,776 
 41,312   7663368,5.55%, 10/4/2025  4/9/2024   39,266    38,054 
 3,510   7662360,4.47%, 10/4/2025  4/9/2024   3,330    3,400 
 967   7662270,4.57%, 10/4/2025  4/9/2024   918    930 
 1,317   7661506,5.18%, 10/4/2025  4/9/2024   1,230    1,264 
 4,528   7662140,5.18%, 10/4/2025  4/9/2024   4,209    4,368 
 57,668   7661800,4.74%, 10/4/2025  4/9/2024   54,909    55,002 
 5,395   7662242,5.36%, 10/4/2025  4/9/2024   5,109    5,083 
 19,105   7661314,4.59%, 10/4/2025  4/9/2024   18,143    18,390 
 3,001   7660363,5.23%, 10/4/2025  4/9/2024   2,888    2,765 
 6,540   7662212,5.33%, 10/4/2025  4/9/2024   6,194    6,198 
 14,108   7661123,6.04%, 10/4/2025  4/9/2024   13,300    13,298 
 2,417   7661097,5.33%, 10/4/2025  4/9/2024   2,240    2,317 
 813   7660896,4.78%, 10/4/2025  4/9/2024   770    782 
 20,137   7660554,4.59%, 10/4/2025  4/9/2024   19,263    18,954 
 5,712   7661717,4.47%, 10/4/2025  4/9/2024   5,383    5,537 
 2,687   7663005,5.55%, 10/4/2025  4/9/2024   2,541    2,535 
 15,196   7663986,5.18%, 10/4/2025  4/9/2024   14,413    14,411 
 9,650   7659893,4.59%, 10/4/2025  4/9/2024   9,142    9,335 
 6,506   7663036,4.47%, 10/4/2025  4/9/2024   6,183    6,291 
 1,083   7663023,5.70%, 10/4/2025  4/9/2024   1,016    1,027 
 10,251   7662302,5.36%, 10/4/2025  4/9/2024   9,731    9,663 
 13,696   7661515,4.59%, 10/4/2025  4/9/2024   12,995    13,223 
 373   7663949,5.27%, 10/4/2025  4/9/2024   349    359 
 11,812   7663064,5.36%, 10/4/2025  4/9/2024   11,162    11,265 
 6,885   7662392,4.75%, 10/4/2025  4/9/2024   6,530    6,625 
 898   7662291,5.53%, 10/4/2025  4/9/2024   840    858 
 17,662   7660936,4.59%, 10/4/2025  4/9/2024   16,755    17,085 
 7,738   7661616,4.99%, 10/4/2025  4/9/2024   7,299    7,437 
 1,586   7662127,5.56%, 10/4/2025  4/9/2024   1,470    1,515 
 7,493   7660479,4.47%, 10/4/2025  4/9/2024   7,122    7,246 
 2,539   7661688,6.19%, 10/4/2025  4/9/2024   2,355    2,420 
 5,170   7662186,4.99%, 10/4/2025  4/9/2024   4,920    4,885 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024189

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,795   7660321,4.99%, 10/4/2025  4/9/2024  $4,550   $4,573 
 6,048   7660410,4.59%, 10/4/2025  4/9/2024   5,739    5,849 
 24,202   7662798,4.47%, 10/4/2025  4/9/2024   22,972    23,453 
 29,539   7663682,5.55%, 10/4/2025  4/9/2024   27,922    27,819 
 8,194   7663574,5.55%, 10/4/2025  4/9/2024   7,763    7,669 
 2,988   7663958,4.59%, 10/4/2025  4/9/2024   2,841    2,887 
 6,065   7661267,5.36%, 10/4/2025  4/9/2024   5,769    5,633 
 1,777   7660535,6.18%, 10/4/2025  4/9/2024   1,663    1,666 
 7,314   7663252,5.94%, 10/4/2025  4/9/2024   6,869    6,478 
 4,460   7659835,4.74%, 10/4/2025  4/9/2024   4,203    4,312 
 4,270   7659775,4.59%, 10/4/2025  4/9/2024   4,071    4,021 
 1,012   7659962,5.96%, 10/4/2025  4/9/2024   957    946 
 3,378   7663617,6.03%, 10/4/2025  4/9/2024   3,134    3,208 
 5,148   7663650,4.59%, 10/4/2025  4/9/2024   4,874    4,988 
 54,054   7662427,5.18%, 10/4/2025  4/9/2024   50,737    51,867 
 1,842   7660910,4.89%, 10/4/2025  4/9/2024   1,751    1,755 
 12,327   7663311,4.47%, 10/4/2025  4/9/2024   11,720    11,920 
 3,617   7667639,4.90%, 10/5/2025  4/10/2024   3,440    3,314 
 12,527   7667249,4.59%, 10/5/2025  4/10/2024   11,835    12,138 
 1,724   7666530,5.19%, 10/5/2025  4/10/2024   1,598    1,653 
 10,186   7667189,5.17%, 10/5/2025  4/10/2024   9,651    9,655 
 15,220   7667088,4.47%, 10/5/2025  4/10/2024   14,426    14,759 
 3,156   7664582,5.18%, 10/5/2025  4/10/2024   3,005    2,750 
 991   7665728,5.82%, 10/5/2025  4/10/2024   947    793 
 10,226   7665338,4.75%, 10/5/2025  4/10/2024   9,641    9,880 
 815   7665472,6.26%, 10/5/2025  4/10/2024   770    757 
 636   7666573,5.27%, 10/5/2025  4/10/2024   617    429 
 1,431   7664417,6.20%, 10/5/2025  4/10/2024   1,348    1,337 
 8,067   7665202,4.47%, 10/5/2025  4/10/2024   7,621    7,828 
 5,414   7664298,4.59%, 10/5/2025  4/10/2024   5,159    5,096 
 4,953   7665160,4.75%, 10/5/2025  4/10/2024   4,648    4,792 
 884   7666581,5.33%, 10/5/2025  4/10/2024   802    835 
 6,401   7664611,5.70%, 10/5/2025  4/10/2024   6,018    6,049 
 1,926   7664724,5.53%, 10/5/2025  4/10/2024   1,811    1,830 
 14,523   7664452,5.18%, 10/5/2025  4/10/2024   13,652    13,940 
 6,596   7664349,5.36%, 10/5/2025  4/10/2024   6,224    6,247 
 2,530   7664227,6.18%, 10/5/2025  4/10/2024   2,430    1,875 
 74,026   7666604,4.99%, 10/5/2025  4/10/2024   70,058    70,909 
 2,746   7667699,4.90%, 10/5/2025  4/10/2024   2,578    2,648 
 32,297   7667368,4.75%, 10/5/2025  4/10/2024   30,618    31,058 
 2,232   7665946,6.26%, 10/5/2025  4/10/2024   2,127    1,978 
 4,867   7665605,4.99%, 10/5/2025  4/10/2024   4,626    4,597 
 531   7667719,5.26%, 10/5/2025  4/10/2024   512    458 
 4,171   7665276,5.55%, 10/5/2025  4/10/2024   3,927    3,952 

 

See Notes to Financial Statements. 
190(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$27,789   7664731,4.59%, 10/5/2025  4/10/2024  $26,409   $26,847 
 1,949   7665513,5.78%, 10/5/2025  4/10/2024   1,827    1,840 
 6,746   7665819,5.18%, 10/5/2025  4/10/2024   6,335    6,472 
 5,251   7666544,4.99%, 10/5/2025  4/10/2024   4,962    5,042 
 761   7665932,4.97%, 10/5/2025  4/10/2024   722    725 
 1,862   7667667,5.55%, 10/5/2025  4/10/2024   1,780    1,545 
 7,487   7665540,5.15%, 10/5/2025  4/10/2024   7,070    7,157 
 3,619   7665697,5.95%, 10/5/2025  4/10/2024   3,416    3,334 
 1,011   7664431,5.16%, 10/5/2025  4/10/2024   937    970 
 1,016   7667693,4.58%, 10/5/2025  4/10/2024   964    984 
 3,828   7665877,5.79%, 10/5/2025  4/10/2024   3,628    3,546 
 3,476   7667676,4.59%, 10/5/2025  4/10/2024   3,311    3,274 
 2,572   7665779,5.94%, 10/5/2025  4/10/2024   2,433    2,380 
 3,276   7664251,4.47%, 10/5/2025  4/10/2024   3,116    3,167 
 1,472   7667613,4.91%, 10/5/2025  4/10/2024   1,395    1,407 
 3,494   7666281,5.79%, 10/5/2025  4/10/2024   3,213    3,340 
 5,204   7666226,5.36%, 10/5/2025  4/10/2024   4,806    4,967 
 861   7666537,6.23%, 10/5/2025  4/10/2024   824    638 
 7,683   7667333,4.99%, 10/5/2025  4/10/2024   7,299    7,259 
 938   7665328,6.20%, 10/5/2025  4/10/2024   874    889 
 33,763   7667725,5.18%, 10/5/2025  4/10/2024   31,317    32,566 
 23,154   7666343,5.36%, 10/5/2025  4/10/2024   21,570    22,212 
 7,705   7664128,4.75%, 10/5/2025  4/10/2024   7,317    7,379 
 6,299   7668614,5.70%, 10/6/2025  4/11/2024   5,930    5,959 
 3,837   7667900,4.75%, 10/6/2025  4/11/2024   3,617    3,708 
 2,870   7668212,4.99%, 10/6/2025  4/11/2024   2,681    2,762 
 882   7668512,5.94%, 10/6/2025  4/11/2024   836    816 
 7,138   7667926,5.15%, 10/6/2025  4/11/2024   6,719    6,839 
 15,165   7668386,5.36%, 10/6/2025  4/11/2024   14,410    14,108 
 655   7668520,6.19%, 10/6/2025  4/11/2024   614    622 
 16,132   7668661,5.33%, 10/6/2025  4/11/2024   15,200    15,379 
 857   7667878,6.03%, 10/6/2025  4/11/2024   786    820 
 4,947   7668163,4.56%, 10/6/2025  4/11/2024   4,764    4,688 
 6,578   7668527,4.75%, 10/6/2025  4/11/2024   6,241    6,301 
 16,672   7667972,5.94%, 10/6/2025  4/11/2024   15,812    15,043 
 3,492   7668576,5.24%, 10/6/2025  4/11/2024   3,384    2,277 
 9,564   7668245,6.07%, 10/6/2025  4/11/2024   8,857    9,032 
 10,651   7668867,4.58%, 10/7/2025  4/11/2024   10,141    10,028 
 3,318   7668834,5.17%, 10/7/2025  4/11/2024   3,148    3,108 
 2,264   7669372,4.55%, 10/7/2025  4/11/2024   2,166    2,169 
 11,805   7669553,5.94%, 10/7/2025  4/11/2024   11,207    10,687 
 2,042   7669333,5.94%, 10/7/2025  4/11/2024   1,940    1,916 
 1,026   7669470,5.53%, 10/7/2025  4/11/2024   946    984 
 1,482   7669364,5.94%, 10/7/2025  4/11/2024   1,399    1,390 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024191

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,465   7669292,4.59%, 10/7/2025  4/11/2024  $4,259   $4,204 
 2,174   7668971,5.36%, 10/7/2025  4/11/2024   2,017    2,062 
 6,884   7669666,4.74%, 10/7/2025  4/11/2024   6,420    6,669 
 11,490   7669198,4.58%, 10/7/2025  4/11/2024   10,916    11,109 
 5,457   7669008,5.16%, 10/7/2025  4/11/2024   5,162    5,201 
 8,272   7669492,5.17%, 10/7/2025  4/11/2024   7,836    7,840 
 19,189   7669046,4.58%, 10/7/2025  4/11/2024   18,186    18,565 
 2,433   7668952,4.73%, 10/7/2025  4/11/2024   2,295    2,345 
 1,927   7669345,4.47%, 10/7/2025  4/11/2024   1,830    1,868 
 9,680   7669405,4.46%, 10/7/2025  4/11/2024   9,170    9,389 
 28,177   7670079,4.88%, 10/8/2025  4/11/2024   26,713    26,939 
 46,046   7673049,4.57%, 10/8/2025  4/11/2024   43,777    44,382 
 17,819   7672858,5.34%, 10/8/2025  4/11/2024   16,881    16,786 
 4,225   7672243,4.98%, 10/8/2025  4/11/2024   3,981    4,054 
 1,990   7671121,5.34%, 10/8/2025  4/11/2024   1,890    1,847 
 5,070   7672171,4.57%, 10/8/2025  4/11/2024   4,812    4,901 
 1,418   7671320,5.52%, 10/8/2025  4/11/2024   1,305    1,358 
 4,431   7670014,4.57%, 10/8/2025  4/11/2024   4,193    4,295 
 2,936   7673446,5.93%, 10/8/2025  4/11/2024   2,798    2,717 
 22,072   7671995,5.34%, 10/8/2025  4/11/2024   20,839    21,038 
 32,248   7671670,4.45%, 10/8/2025  4/11/2024   30,774    30,411 
 24,442   7671426,4.73%, 10/8/2025  4/11/2024   23,245    23,307 
 9,533   7671337,4.45%, 10/8/2025  4/11/2024   9,063    9,221 
 6,168   7671256,4.57%, 10/8/2025  4/11/2024   5,859    5,959 
 2,673   7670053,5.12%, 10/8/2025  4/11/2024   2,529    2,545 
 1,236   7670040,4.45%, 10/8/2025  4/11/2024   1,173    1,200 
 21,362   7672455,4.45%, 10/8/2025  4/11/2024   20,426    20,158 
 16,349   7672677,4.57%, 10/8/2025  4/11/2024   15,476    15,829 
 9,188   7673501,5.52%, 10/8/2025  4/11/2024   8,459    8,752 
 1,542   7673029,5.23%, 10/8/2025  4/11/2024   1,493    1,339 
 3,208   7672645,4.57%, 10/8/2025  4/11/2024   3,034    3,109 
 1,965   7671945,6.05%, 10/8/2025  4/11/2024   1,807    1,863 
 2,133   7672202,4.97%, 10/8/2025  4/11/2024   1,982    2,052 
 2,040   7670533,4.46%, 10/8/2025  4/11/2024   1,937    1,979 
 1,485   7671243,5.14%, 10/8/2025  4/11/2024   1,399    1,423 
 20,946   7670570,4.97%, 10/8/2025  4/11/2024   19,615    20,161 
 2,768   7673036,4.57%, 10/8/2025  4/11/2024   2,634    2,606 
 4,755   7671207,5.16%, 10/8/2025  4/11/2024   4,486    4,539 
 17,996   7672277,5.92%, 10/8/2025  4/11/2024   16,946    17,002 
 6,914   7675576,4.45%, 10/9/2025  4/12/2024   6,564    6,688 
 7,820   7673951,4.57%, 10/9/2025  4/12/2024   7,441    7,365 
 1,382   7675495,4.54%, 10/9/2025  4/12/2024   1,292    1,331 
 8,039   7675535,5.52%, 10/9/2025  4/12/2024   7,593    7,567 
 1,373   7676092,6.01%, 10/9/2025  4/12/2024   1,271    1,304 

 

See Notes to Financial Statements. 
192(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,670   7675064,5.16%, 10/9/2025  4/12/2024  $1,557   $1,604 
 6,456   7673795,4.97%, 10/9/2025  4/12/2024   6,094    6,170 
 947   7674012,5.75%, 10/9/2025  4/12/2024   900    859 
 5,315   7674453,4.88%, 10/9/2025  4/12/2024   5,061    4,883 
 17,201   7674901,5.52%, 10/9/2025  4/12/2024   16,281    16,102 
 35,722   7674036,5.31%, 10/9/2025  4/12/2024   33,626    34,017 
 2,962   7676907,5.92%, 10/9/2025  4/12/2024   2,718    2,833 
 47,206   7675623,5.92%, 10/9/2025  4/12/2024   44,632    44,252 
 14,650   7675089,5.34%, 10/9/2025  4/12/2024   13,824    13,870 
 3,688   7674623,4.98%, 10/9/2025  4/12/2024   3,506    3,483 
 2,136   7673934,5.52%, 10/9/2025  4/12/2024   2,031    1,971 
 5,776   7676006,5.77%, 10/9/2025  4/12/2024   5,422    5,475 
 1,880   7676305,6.02%, 10/9/2025  4/12/2024   1,739    1,782 
 4,010   7676816,4.57%, 10/9/2025  4/12/2024   3,786    3,886 
 45,253   7675257,5.52%, 10/9/2025  4/12/2024   43,009    41,786 
 1,190   7675487,5.35%, 10/9/2025  4/12/2024   1,127    1,119 
 991   7675568,4.56%, 10/9/2025  4/12/2024   938    960 
 3,698   7676843,5.15%, 10/9/2025  4/12/2024   3,525    3,233 
 3,051   7676286,5.92%, 10/9/2025  4/12/2024   2,931    2,200 
 35,477   7676320,4.73%, 10/9/2025  4/12/2024   33,577    34,153 
 6,831   7676711,5.52%, 10/9/2025  4/12/2024   6,438    6,466 
 2,293   7676770,5.53%, 10/9/2025  4/12/2024   2,190    1,911 
 2,030   7676789,5.33%, 10/9/2025  4/12/2024   1,894    1,948 
 840   7676061,5.53%, 10/9/2025  4/12/2024   773    803 
 32,747   7676980,4.88%, 10/9/2025  4/12/2024   31,174    30,051 
 1,839   7673862,4.97%, 10/9/2025  4/12/2024   1,710    1,774 
 1,318   7676055,6.04%, 10/9/2025  4/12/2024   1,243    1,242 
 6,774   7676195,5.13%, 10/9/2025  4/12/2024   6,430    6,392 
 5,791   7673684,5.93%, 10/9/2025  4/12/2024   5,482    5,437 
 8,509   7674520,5.68%, 10/9/2025  4/12/2024   7,995    8,054 
 2,554   7676879,5.15%, 10/9/2025  4/12/2024   2,397    2,449 
 2,104   7676123,5.34%, 10/9/2025  4/12/2024   1,990    1,980 
 1,108   7673900,5.79%, 10/9/2025  4/12/2024   1,047    1,041 
 5,221   7676228,4.57%, 10/9/2025  4/12/2024   4,945    5,049 
 4,881   7676554,6.17%, 10/9/2025  4/12/2024   4,638    4,486 
 9,590   7676133,5.34%, 10/9/2025  4/12/2024   9,058    9,085 
 842   7675573,6.16%, 10/9/2025  4/12/2024   804    614 
 2,758   7674679,5.22%, 10/9/2025  4/12/2024   2,650    2,492 
 2,681   7676932,5.77%, 10/9/2025  4/12/2024   2,516    2,541 
 2,751   7673617,4.46%, 10/9/2025  4/12/2024   2,602    2,668 
 3,410   7676264,5.16%, 10/9/2025  4/12/2024   3,225    3,251 
 3,226   7676108,4.72%, 10/9/2025  4/12/2024   3,064    3,090 
 8,357   7675967,4.45%, 10/9/2025  4/12/2024   7,934    8,085 
 1,766   7674014,5.31%, 10/9/2025  4/12/2024   1,657    1,686 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024193

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,563   7676865,4.73%, 10/9/2025  4/12/2024  $1,482   $1,512 
 2,442   7673760,4.57%, 10/9/2025  4/12/2024   2,314    2,363 
 5,126   7674840,4.45%, 10/9/2025  4/12/2024   4,862    4,966 
 13,392   7676593,5.77%, 10/9/2025  4/12/2024   12,652    12,553 
 3,913   7674722,4.58%, 10/9/2025  4/12/2024   3,716    3,779 
 4,204   7678276,4.57%, 10/10/2025  4/15/2024   3,976    4,074 
 4,391   7678775,4.98%, 10/10/2025  4/15/2024   4,161    4,188 
 5,051   7679137,4.73%, 10/10/2025  4/15/2024   4,755    4,881 
 955   7677680,5.76%, 10/10/2025  4/15/2024   896    901 
 4,891   7680326,5.16%, 10/10/2025  4/15/2024   4,581    4,689 
 21,718   7679164,4.97%, 10/10/2025  4/15/2024   20,609    20,514 
 47,522   7679595,4.97%, 10/10/2025  4/15/2024   44,711    45,630 
 12,723   7679029,5.52%, 10/10/2025  4/15/2024   11,796    12,151 
 25,658   7679916,4.57%, 10/10/2025  4/15/2024   24,393    24,735 
 3,221   7677483,5.34%, 10/10/2025  4/15/2024   2,970    3,096 
 2,794   7678059,5.92%, 10/10/2025  4/15/2024   2,575    2,660 
 43,283   7678607,4.57%, 10/10/2025  4/15/2024   40,750    41,935 
 29,123   7680050,4.45%, 10/10/2025  4/15/2024   27,680    28,101 
 3,464   7678217,4.58%, 10/10/2025  4/15/2024   3,284    3,337 
 5,043   7680344,6.23%, 10/10/2025  4/15/2024   4,611    4,782 
 4,806   7679276,4.57%, 10/10/2025  4/15/2024   4,527    4,657 
 1,684   7679163,4.89%, 10/10/2025  4/15/2024   1,580    1,625 
 1,716   7678328,5.34%, 10/10/2025  4/15/2024   1,608    1,637 
 9,856   7678105,4.58%, 10/10/2025  4/15/2024   9,304    9,544 
 37,306   7678358,4.57%, 10/10/2025  4/15/2024   35,372    36,062 
 689   7678315,6.22%, 10/10/2025  4/15/2024   652    630 
 4,742   7677442,4.46%, 10/10/2025  4/15/2024   4,489    4,601 
 45,626   7679290,5.16%, 10/10/2025  4/15/2024   43,337    39,873 
 12,681   7677248,4.57%, 10/10/2025  4/15/2024   12,004    12,281 
 17,204   7680162,5.13%, 10/10/2025  4/15/2024   16,173    16,481 
 20,231   7677800,4.88%, 10/10/2025  4/15/2024   19,092    19,439 
 1,272   7677609,5.15%, 10/10/2025  4/15/2024   1,202    1,206 
 954   7677601,5.66%, 10/10/2025  4/15/2024   895    903 
 6,221   7677623,4.73%, 10/10/2025  4/15/2024   5,866    5,996 
 8,936   7677701,4.73%, 10/10/2025  4/15/2024   8,445    8,615 
 46,975   7678787,4.45%, 10/10/2025  4/15/2024   44,344    45,540 
 4,813   7677554,5.31%, 10/10/2025  4/15/2024   4,537    4,546 
 36,770   7683562,4.74%, 10/11/2025  4/16/2024   34,960    35,045 
 63,700   7684823,4.90%, 10/11/2025  4/16/2024   60,195    61,079 
 3,152   7685879,6.20%, 10/11/2025  4/16/2024   2,957    2,966 
 1,350   7685319,5.23%, 10/11/2025  4/16/2024   1,265    1,292 
 15,105   7684243,4.75%, 10/11/2025  4/16/2024   14,361    14,400 
 1,126   7684210,4.57%, 10/11/2025  4/16/2024   1,054    1,083 
 16,371   7684398,4.59%, 10/11/2025  4/16/2024   15,401    15,856 

 

See Notes to Financial Statements. 
194(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,958   7683524,4.75%, 10/11/2025  4/16/2024  $3,731   $3,823 
 62,921   7685507,4.99%, 10/11/2025  4/16/2024   59,546    59,976 
 1,278   7683929,4.47%, 10/11/2025  4/16/2024   1,211    1,239 
 26,863   7682301,4.99%, 10/11/2025  4/16/2024   25,332    25,762 
 4,974   7683315,4.47%, 10/11/2025  4/16/2024   4,706    4,819 
 2,428   7683471,4.75%, 10/11/2025  4/16/2024   2,262    2,344 
 2,591   7685943,5.37%, 10/11/2025  4/16/2024   2,410    2,483 
 3,201   7685972,5.54%, 10/11/2025  4/16/2024   3,049    2,666 
 2,175   7684690,5.52%, 10/11/2025  4/16/2024   2,070    1,850 
 5,935   7684088,5.33%, 10/11/2025  4/16/2024   5,520    5,690 
 2,059   7683162,6.19%, 10/11/2025  4/16/2024   1,928    1,935 
 864   7683991,5.54%, 10/11/2025  4/16/2024   797    825 
 5,586   7682898,5.36%, 10/11/2025  4/16/2024   5,160    5,361 
 14,051   7682726,4.47%, 10/11/2025  4/16/2024   13,289    13,622 
 11,447   7682589,4.75%, 10/11/2025  4/16/2024   10,796    11,059 
 5,474   7683413,4.59%, 10/11/2025  4/16/2024   5,151    5,302 
 1,327   7683190,5.95%, 10/11/2025  4/16/2024   1,218    1,270 
 968   7684357,5.96%, 10/11/2025  4/16/2024   924    844 
 816   7683111,4.55%, 10/11/2025  4/16/2024   790    732 
 8,088   7684364,4.46%, 10/11/2025  4/16/2024   7,658    7,839 
 9,745   7684126,5.36%, 10/11/2025  4/16/2024   9,188    9,210 
 10,115   7685396,5.79%, 10/11/2025  4/16/2024   9,458    9,571 
 2,894   7683121,5.17%, 10/11/2025  4/16/2024   2,729    2,753 
 19,839   7684005,5.94%, 10/11/2025  4/16/2024   18,689    18,682 
 5,883   7684339,5.14%, 10/11/2025  4/16/2024   5,590    5,244 
 10,444   7684586,4.90%, 10/11/2025  4/16/2024   9,841    10,051 
 1,510   7685341,5.70%, 10/11/2025  4/16/2024   1,394    1,438 
 997   7685815,5.81%, 10/11/2025  4/16/2024   942    921 
 1,425   7685964,5.81%, 10/11/2025  4/16/2024   1,340    1,331 
 10,719   7684699,5.33%, 10/11/2025  4/16/2024   9,920    10,296 
 1,964   7685381,5.79%, 10/11/2025  4/16/2024   1,881    1,593 
 1,944   7685351,5.24%, 10/11/2025  4/16/2024   1,825    1,857 
 6,466   7683227,5.18%, 10/11/2025  4/16/2024   6,046    6,194 
 5,719   7684451,6.04%, 10/11/2025  4/16/2024   5,338    5,383 
 2,757   7685831,5.55%, 10/11/2025  4/16/2024   2,588    2,587 
 10,710   7685991,5.15%, 10/11/2025  4/16/2024   9,947    10,306 
 1,108   7685913,4.59%, 10/11/2025  4/16/2024   1,039    1,074 
 4,320   7685488,4.46%, 10/11/2025  4/16/2024   4,110    4,074 
 1,507   7685929,5.94%, 10/11/2025  4/16/2024   1,415    1,433 
 22,033   7688172,5.55%, 10/12/2025  4/17/2024   20,629    20,887 
 2,168   7686927,4.60%, 10/12/2025  4/17/2024   2,043    2,097 
 2,057   7689137,5.14%, 10/12/2025  4/17/2024   1,935    1,973 
 5,682   7688986,5.18%, 10/12/2025  4/17/2024   5,297    5,451 
 13,597   7688770,5.95%, 10/12/2025  4/17/2024   12,476    12,986 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024195

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$7,251   7687826,4.74%, 10/12/2025  4/17/2024  $6,892   $6,912 
 51,594   7689173,5.33%, 10/12/2025  4/17/2024   48,443    49,226 
 29,684   7687440,4.47%, 10/12/2025  4/17/2024   28,118    28,767 
 33,630   7686983,4.99%, 10/12/2025  4/17/2024   31,763    32,146 
 2,790   7686822,4.47%, 10/12/2025  4/17/2024   2,659    2,694 
 2,620   7686729,4.91%, 10/12/2025  4/17/2024   2,502    2,410 
 3,320   7688054,5.95%, 10/12/2025  4/17/2024   3,172    2,908 
 25,404   7688564,6.07%, 10/12/2025  4/17/2024   23,763    23,835 
 11,619   7688470,5.70%, 10/12/2025  4/17/2024   10,879    11,013 
 2,089   7686740,4.74%, 10/12/2025  4/17/2024   1,950    2,021 
 12,661   7686527,4.75%, 10/12/2025  4/17/2024   11,974    12,181 
 1,903   7686061,4.59%, 10/12/2025  4/17/2024   1,780    1,841 
 4,323   7687729,4.47%, 10/12/2025  4/17/2024   4,099    4,191 
 31,880   7686146,4.47%, 10/12/2025  4/17/2024   30,294    30,750 
 1,960   7687887,5.32%, 10/12/2025  4/17/2024   1,857    1,834 
 3,674   7688433,6.07%, 10/12/2025  4/17/2024   3,346    3,467 
 12,172   7688695,4.47%, 10/12/2025  4/17/2024   11,517    11,800 
 3,234   7688111,6.07%, 10/12/2025  4/17/2024   2,997    3,057 
 5,215   7686664,4.59%, 10/12/2025  4/17/2024   4,941    5,036 
 3,676   7687773,6.26%, 10/12/2025  4/17/2024   3,454    3,395 
 1,993   7688496,5.95%, 10/12/2025  4/17/2024   1,903    1,746 
 4,735   7688412,6.20%, 10/12/2025  4/17/2024   4,505    4,230 
 1,336   7688429,6.05%, 10/12/2025  4/17/2024   1,266    1,198 
 3,959   7688393,4.90%, 10/12/2025  4/17/2024   3,725    3,818 
 1,537   7687810,5.55%, 10/12/2025  4/17/2024   1,450    1,448 
 2,347   7686863,5.54%, 10/12/2025  4/17/2024   2,214    2,211 
 8,022   7688509,5.70%, 10/12/2025  4/17/2024   7,566    7,489 
 11,756   7687909,5.94%, 10/12/2025  4/17/2024   11,112    11,027 
 1,440   7689924,6.27%, 10/13/2025  4/18/2024   1,356    1,319 
 23,200   7689529,5.18%, 10/13/2025  4/18/2024   21,913    22,101 
 23,289   7689295,6.07%, 10/13/2025  4/18/2024   21,578    21,994 
 9,195   7689463,5.14%, 10/13/2025  4/18/2024   8,753    8,192 
 437   7689719,5.93%, 10/13/2025  4/18/2024   400    417 
 2,062   7689726,6.03%, 10/13/2025  4/18/2024   1,964    1,604 
 4,544   7689940,4.74%, 10/13/2025  4/18/2024   4,290    4,377 
 8,438   7690076,4.75%, 10/13/2025  4/18/2024   7,902    8,155 
 2,329   7689976,5.54%, 10/13/2025  4/18/2024   2,193    2,205 
 4,242   7689649,4.59%, 10/13/2025  4/18/2024   4,006    4,107 
 1,886   7689968,5.95%, 10/13/2025  4/18/2024   1,804    1,383 
 4,768   7690014,5.36%, 10/13/2025  4/18/2024   4,462    4,544 
 913   7689867,4.54%, 10/13/2025  4/18/2024   878    866 
 2,891   7689995,4.55%, 10/13/2025  4/18/2024   2,762    2,770 
 652   7690059,6.28%, 10/13/2025  4/18/2024   609    612 
 2,885   7689851,4.89%, 10/13/2025  4/18/2024   2,731    2,757 

 

See Notes to Financial Statements. 
196(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$15,969   7689746,5.15%, 10/13/2025  4/18/2024  $14,844   $15,347 
 1,513   7689686,4.55%, 10/13/2025  4/18/2024   1,466    1,360 
 1,740   7689738,5.56%, 10/13/2025  4/18/2024   1,639    1,636 
 711   7689716,5.56%, 10/13/2025  4/18/2024   655    678 
 3,587   7689877,4.90%, 10/13/2025  4/18/2024   3,386    3,452 
 2,799   7689671,5.18%, 10/13/2025  4/18/2024   2,648    2,622 
 2,676   7689699,5.14%, 10/13/2025  4/18/2024   2,508    2,570 
 5,015   7689891,5.54%, 10/13/2025  4/18/2024   4,699    4,737 
 4,671   7690931,6.05%, 10/14/2025  4/18/2024   4,397    4,344 
 1,589   7690735,6.19%, 10/14/2025  4/18/2024   1,511    1,423 
 18,132   7690318,5.69%, 10/14/2025  4/18/2024   16,910    17,155 
 492   7690802,6.23%, 10/14/2025  4/18/2024   447    465 
 564   7690154,4.58%, 10/14/2025  4/18/2024   548    473 
 16,296   7690531,4.58%, 10/14/2025  4/18/2024   15,426    15,762 
 1,305   7690643,4.99%, 10/14/2025  4/18/2024   1,226    1,241 
 11,464   7690848,5.35%, 10/14/2025  4/18/2024   10,701    10,956 
 13,514   7690158,4.89%, 10/14/2025  4/18/2024   12,750    12,982 
 4,161   7690783,5.14%, 10/14/2025  4/18/2024   3,957    3,714 
 2,434   7690771,6.05%, 10/14/2025  4/18/2024   2,278    2,284 
 2,632   7690821,5.35%, 10/14/2025  4/18/2024   2,471    2,503 
 3,015   7690296,6.24%, 10/14/2025  4/18/2024   2,798    2,816 
 3,322   7690593,5.94%, 10/14/2025  4/18/2024   3,144    3,005 
 4,392   7690621,4.89%, 10/14/2025  4/18/2024   4,155    4,196 
 19,037   7690432,5.17%, 10/14/2025  4/18/2024   17,865    18,175 
 1,066   7690815,5.93%, 10/14/2025  4/18/2024   993    1,015 
 1,070   7690609,6.01%, 10/14/2025  4/18/2024   1,010    996 
 11,935   7690667,4.98%, 10/14/2025  4/18/2024   11,192    11,476 
 2,314   7690280,5.18%, 10/14/2025  4/18/2024   2,165    2,214 
 2,452   7690655,5.70%, 10/14/2025  4/18/2024   2,293    2,321 
 2,126   7690128,4.89%, 10/14/2025  4/18/2024   1,989    2,050 
 1,989   7690750,6.06%, 10/14/2025  4/18/2024   1,810    1,889 
 785   7690273,4.53%, 10/14/2025  4/18/2024   767    516 
 1,967   7691153,4.54%, 10/15/2025  4/18/2024   1,914    1,297 
 1,297   7693110,5.23%, 10/15/2025  4/18/2024   1,248    877 
 23,504   7693446,5.68%, 10/15/2025  4/18/2024   22,178    21,898 
 15,240   7693564,4.73%, 10/15/2025  4/18/2024   14,484    14,517 
 3,226   7691989,4.74%, 10/15/2025  4/18/2024   3,087    2,976 
 34,023   7691443,4.45%, 10/15/2025  4/18/2024   32,206    32,976 
 63,863   7692633,5.13%, 10/15/2025  4/18/2024   59,928    61,174 
 2,609   7692571,4.73%, 10/15/2025  4/18/2024   2,471    2,496 
 2,690   7694116,4.73%, 10/15/2025  4/18/2024   2,528    2,600 
 12,901   7694003,5.68%, 10/15/2025  4/18/2024   12,114    12,185 
 2,696   7694450,4.58%, 10/15/2025  4/18/2024   2,528    2,612 
 5,106   7692584,4.89%, 10/15/2025  4/18/2024   4,795    4,922 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024197

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,774   7694472,5.49%, 10/15/2025  4/18/2024  $1,637   $1,701 
 14,501   7693898,5.34%, 10/15/2025  4/18/2024   13,577    13,843 
 12,499   7693357,5.13%, 10/15/2025  4/18/2024   11,711    11,999 
 1,275   7693113,5.92%, 10/15/2025  4/18/2024   1,196    1,197 
 5,416   7691381,4.73%, 10/15/2025  4/18/2024   5,182    4,997 
 15,065   7691169,4.97%, 10/15/2025  4/18/2024   14,307    13,472 
 1,685   7693090,4.98%, 10/15/2025  4/18/2024   1,566    1,625 
 1,919   7694236,4.54%, 10/15/2025  4/18/2024   1,821    1,839 
 8,252   7692370,6.02%, 10/15/2025  4/18/2024   7,652    7,794 
 5,663   7692508,5.15%, 10/15/2025  4/18/2024   5,280    5,428 
 4,214   7693966,4.73%, 10/15/2025  4/18/2024   3,984    4,061 
 38,016   7693654,4.57%, 10/15/2025  4/18/2024   35,677    36,831 
 10,327   7694137,5.34%, 10/15/2025  4/18/2024   9,685    9,852 
 1,395   7694215,5.32%, 10/15/2025  4/18/2024   1,314    1,317 
 8,605   7691268,4.73%, 10/15/2025  4/18/2024   8,135    8,276 
 901   7692012,4.55%, 10/15/2025  4/18/2024   843    869 
 644   7691973,6.01%, 10/15/2025  4/18/2024   590    614 
 33,189   7692059,4.73%, 10/15/2025  4/18/2024   31,334    31,955 
 5,952   7693182,4.73%, 10/15/2025  4/18/2024   5,649    5,668 
 1,739   7694493,5.22%, 10/15/2025  4/18/2024   1,600    1,665 
 1,429   7692364,5.92%, 10/15/2025  4/18/2024   1,357    1,163 
 23,231   7693240,4.88%, 10/15/2025  4/18/2024   21,943    22,275 
 1,575   7692489,6.02%, 10/15/2025  4/18/2024   1,472    1,452 
 1,058   7692500,5.91%, 10/15/2025  4/18/2024   969    1,003 
 3,695   7694428,6.05%, 10/15/2025  4/18/2024   3,513    2,886 
 16,110   7694268,5.34%, 10/15/2025  4/18/2024   14,903    15,473 
 796   7692617,4.76%, 10/15/2025  4/18/2024   750    769 
 1,834   7693891,4.56%, 10/15/2025  4/18/2024   1,738    1,772 
 603   7693351,5.92%, 10/15/2025  4/18/2024   558    574 
 1,370   7694126,5.13%, 10/15/2025  4/18/2024   1,281    1,297 
 5,475   7692538,4.57%, 10/15/2025  4/18/2024   5,131    5,306 
 22,361   7697055,5.16%, 10/16/2025  4/19/2024   21,222    20,948 
 8,898   7695209,5.92%, 10/16/2025  4/19/2024   8,137    8,484 
 4,920   7695582,4.88%, 10/16/2025  4/19/2024   4,644    4,715 
 2,655   7695573,5.31%, 10/16/2025  4/19/2024   2,507    2,510 
 5,084   7696271,5.68%, 10/16/2025  4/19/2024   4,676    4,849 
 6,247   7695000,4.88%, 10/16/2025  4/19/2024   5,856    6,031 
 19,867   7696066,4.97%, 10/16/2025  4/19/2024   18,775    18,977 
 1,123   7697546,6.22%, 10/16/2025  4/19/2024   1,046    1,055 
 5,908   7695113,5.93%, 10/16/2025  4/19/2024   5,527    5,566 
 2,065   7695538,5.30%, 10/16/2025  4/19/2024   1,959    1,816 
 45,151   7696772,5.13%, 10/16/2025  4/19/2024   42,790    42,609 
 4,762   7696738,5.34%, 10/16/2025  4/19/2024   4,510    4,423 
 413   7697048,4.59%, 10/16/2025  4/19/2024   398    381 

 

See Notes to Financial Statements. 
198(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$7,001   7694916,4.57%, 10/16/2025  4/19/2024  $6,622   $6,774 
 13,023   7696555,4.57%, 10/16/2025  4/19/2024   12,364    12,547 
 4,164   7696308,5.22%, 10/16/2025  4/19/2024   3,980    3,827 
 501   7695628,4.55%, 10/16/2025  4/19/2024   471    482 
 3,226   7695656,5.16%, 10/16/2025  4/19/2024   3,004    3,096 
 8,232   7694701,5.67%, 10/16/2025  4/19/2024   7,858    6,928 
 68,470   7697150,5.16%, 10/16/2025  4/19/2024   64,596    65,197 
 14,653   7695719,5.53%, 10/16/2025  4/19/2024   13,764    13,908 
 7,896   7696675,5.16%, 10/16/2025  4/19/2024   7,464    7,521 
 3,498   7696229,4.73%, 10/16/2025  4/19/2024   3,256    3,387 
 7,011   7696645,4.97%, 10/16/2025  4/19/2024   6,702    6,281 
 349   7696551,4.55%, 10/16/2025  4/19/2024   334    335 
 4,384   7696631,4.73%, 10/16/2025  4/19/2024   4,151    4,212 
 11,650   7694585,5.53%, 10/16/2025  4/19/2024   10,954    11,014 
 35,962   7696385,4.73%, 10/16/2025  4/19/2024   34,147    34,278 
 10,645   7695901,4.88%, 10/16/2025  4/19/2024   9,904    10,278 
 1,479   7695644,5.91%, 10/16/2025  4/19/2024   1,405    1,357 
 7,669   7697562,5.16%, 10/16/2025  4/19/2024   7,113    7,372 
 9,755   7695438,5.68%, 10/16/2025  4/19/2024   9,116    9,273 
 562   7696188,4.55%, 10/16/2025  4/19/2024   534    540 
 10,051   7696193,5.77%, 10/16/2025  4/19/2024   9,519    9,145 
 9,561   7696347,5.22%, 10/16/2025  4/19/2024   9,203    8,377 
 6,786   7695662,5.53%, 10/16/2025  4/19/2024   6,440    5,716 
 5,773   7696594,5.93%, 10/16/2025  4/19/2024   5,412    5,429 
 4,844   7696023,5.16%, 10/16/2025  4/19/2024   4,576    4,633 
 1,658   7696179,5.67%, 10/16/2025  4/19/2024   1,581    1,395 
 11,382   7694783,4.73%, 10/16/2025  4/19/2024   10,637    10,999 
 13,618   7700048,4.45%, 10/17/2025  4/22/2024   12,928    13,159 
 9,539   7697600,5.13%, 10/17/2025  4/22/2024   8,943    9,136 
 11,623   7697871,5.68%, 10/17/2025  4/22/2024   10,991    10,747 
 3,126   7698263,4.88%, 10/17/2025  4/22/2024   2,940    3,005 
 3,105   7698367,4.58%, 10/17/2025  4/22/2024   2,944    2,990 
 4,920   7699069,4.57%, 10/17/2025  4/22/2024   4,640    4,767 
 18,217   7699374,5.34%, 10/17/2025  4/22/2024   17,056    17,372 
 2,887   7699314,4.88%, 10/17/2025  4/22/2024   2,707    2,786 
 19,978   7699950,6.04%, 10/17/2025  4/22/2024   18,593    18,882 
 1,008   7697968,6.03%, 10/17/2025  4/22/2024   928    956 
 7,735   7699165,5.13%, 10/17/2025  4/22/2024   7,258    7,429 
 9,200   7699039,4.97%, 10/17/2025  4/22/2024   8,714    8,697 
 1,254   7698193,5.51%, 10/17/2025  4/22/2024   1,172    1,187 
 2,130   7698230,4.58%, 10/17/2025  4/22/2024   1,992    2,061 
 4,463   7699233,4.73%, 10/17/2025  4/22/2024   4,232    4,249 
 3,783   7699451,5.53%, 10/17/2025  4/22/2024   3,542    3,602 
 1,821   7698214,4.45%, 10/17/2025  4/22/2024   1,728    1,755 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024199

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$462   7699436,5.21%, 10/17/2025  4/22/2024  $428   $444 
 3,543   7697736,4.88%, 10/17/2025  4/22/2024   3,336    3,406 
 2,034   7698338,6.04%, 10/17/2025  4/22/2024   1,931    1,830 
 4,614   7698633,4.58%, 10/17/2025  4/22/2024   4,389    4,354 
 1,917   7698706,5.16%, 10/17/2025  4/22/2024   1,822    1,693 
 2,065   7698171,4.54%, 10/17/2025  4/22/2024   2,012    1,378 
 2,510   7699214,4.57%, 10/17/2025  4/22/2024   2,362    2,428 
 1,897   7698313,4.88%, 10/17/2025  4/22/2024   1,781    1,830 
 19,668   7698957,4.57%, 10/17/2025  4/22/2024   18,480    19,042 
 48,363   7700084,4.88%, 10/17/2025  4/22/2024   45,285    46,636 
 1,331   7699437,5.77%, 10/17/2025  4/22/2024   1,259    1,210 
 28,980   7698420,5.49%, 10/17/2025  4/22/2024   27,190    27,531 
 5,989   7699059,6.22%, 10/17/2025  4/22/2024   5,721    4,570 
 1,438   7699440,5.12%, 10/17/2025  4/22/2024   1,332    1,383 
 7,338   7699487,4.88%, 10/17/2025  4/22/2024   6,943    7,041 
 14,305   7697762,5.31%, 10/17/2025  4/22/2024   13,637    12,613 
 2,216   7697979,4.57%, 10/17/2025  4/22/2024   2,087    2,143 
 3,898   7698014,6.04%, 10/17/2025  4/22/2024   3,702    3,055 
 3,406   7698667,6.17%, 10/17/2025  4/22/2024   3,136    3,234 
 7,953   7699264,5.68%, 10/17/2025  4/22/2024   7,455    7,537 
 14,816   7699105,4.73%, 10/17/2025  4/22/2024   14,007    14,232 
 2,146   7699937,5.13%, 10/17/2025  4/22/2024   2,007    2,059 
 6,363   7698713,4.57%, 10/17/2025  4/22/2024   6,001    6,156 
 8,891   7698068,4.57%, 10/17/2025  4/22/2024   8,407    8,598 
 364   7698259,5.96%, 10/17/2025  4/22/2024   324    347 
 26,321   7698803,5.77%, 10/17/2025  4/22/2024   24,588    24,895 
 3,118   7699094,4.45%, 10/17/2025  4/22/2024   2,958    3,020 
 3,723   7698768,5.93%, 10/17/2025  4/22/2024   3,462    3,516 
 48,810   7699547,5.34%, 10/17/2025  4/22/2024   45,075    46,845 
 6,283   7699334,5.31%, 10/17/2025  4/22/2024   5,825    6,021 
 1,194   7702016,4.55%, 10/18/2025  4/23/2024   1,147    1,124 
 708   7703267,5.94%, 10/18/2025  4/23/2024   675    623 
 3,421   7701615,4.55%, 10/18/2025  4/23/2024   3,331    2,290 
 49,934   7703803,4.59%, 10/18/2025  4/23/2024   47,041    48,322 
 35,133   7703276,4.90%, 10/18/2025  4/23/2024   33,344    32,381 
 3,581   7703780,4.47%, 10/18/2025  4/23/2024   3,399    3,451 
 1,286   7701723,4.89%, 10/18/2025  4/23/2024   1,203    1,242 
 3,874   7704206,4.99%, 10/18/2025  4/23/2024   3,657    3,702 
 10,005   7703510,4.74%, 10/18/2025  4/23/2024   9,442    9,613 
 1,897   7702748,5.70%, 10/18/2025  4/23/2024   1,764    1,802 
 7,453   7703649,4.90%, 10/18/2025  4/23/2024   6,947    7,194 
 5,740   7704164,5.36%, 10/18/2025  4/23/2024   5,338    5,491 
 3,584   7702431,6.07%, 10/18/2025  4/23/2024   3,377    3,314 
 4,720   7702494,5.36%, 10/18/2025  4/23/2024   4,418    4,499 

 

See Notes to Financial Statements. 
200(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,602   7702704,4.57%, 10/18/2025  4/23/2024  $1,545   $1,442 
 12,578   7702569,4.90%, 10/18/2025  4/23/2024   11,945    11,597 
 23,121   7702763,4.59%, 10/18/2025  4/23/2024   21,823    22,332 
 12,799   7701884,5.94%, 10/18/2025  4/23/2024   11,928    12,090 
 20,315   7702031,5.70%, 10/18/2025  4/23/2024   18,833    19,244 
 33,322   7704244,5.94%, 10/18/2025  4/23/2024   31,617    30,551 
 3,334   7703764,4.59%, 10/18/2025  4/23/2024   3,142    3,229 
 8,550   7702940,5.70%, 10/18/2025  4/23/2024   7,866    8,166 
 991   7702742,5.26%, 10/18/2025  4/23/2024   957    703 
 5,453   7702450,4.58%, 10/18/2025  4/23/2024   5,203    5,146 
 15,378   7701755,5.15%, 10/18/2025  4/23/2024   14,257    14,765 
 4,665   7701686,4.59%, 10/18/2025  4/23/2024   4,408    4,501 
 1,522   7701740,4.89%, 10/18/2025  4/23/2024   1,441    1,447 
 4,067   7705367,5.94%, 10/19/2025  4/24/2024   3,801    3,816 
 1,550   7706640,4.99%, 10/19/2025  4/24/2024   1,472    1,390 
 23,497   7706258,4.90%, 10/19/2025  4/24/2024   22,018    22,627 
 5,155   7706498,5.94%, 10/19/2025  4/24/2024   4,790    4,870 
 1,576   7706009,5.70%, 10/19/2025  4/24/2024   1,451    1,510 
 2,022   7706051,4.56%, 10/19/2025  4/24/2024   1,915    1,937 
 2,741   7706483,5.14%, 10/19/2025  4/24/2024   2,610    2,455 
 1,987   7706560,5.71%, 10/19/2025  4/24/2024   1,850    1,887 
 1,684   7706728,5.71%, 10/19/2025  4/24/2024   1,566    1,599 
 1,426   7706470,6.25%, 10/19/2025  4/24/2024   1,330    1,325 
 35,656   7705584,4.47%, 10/19/2025  4/24/2024   33,455    34,563 
 1,446   7704457,5.35%, 10/19/2025  4/24/2024   1,355    1,379 
 1,385   7706750,5.72%, 10/19/2025  4/24/2024   1,318    1,169 
 1,854   7706600,4.59%, 10/19/2025  4/24/2024   1,734    1,796 
 30,087   7706065,5.54%, 10/19/2025  4/24/2024   28,665    25,454 
 31,458   7704517,4.74%, 10/19/2025  4/24/2024   29,823    29,967 
 40,014   7704968,4.59%, 10/19/2025  4/24/2024   38,067    37,769 
 9,608   7706647,5.33%, 10/19/2025  4/24/2024   8,897    9,199 
 927   7706583,5.93%, 10/19/2025  4/24/2024   854    883 
 2,946   7705943,4.56%, 10/19/2025  4/24/2024   2,794    2,809 
 5,054   7705976,4.59%, 10/19/2025  4/24/2024   4,782    4,887 
 7,559   7706024,5.94%, 10/19/2025  4/24/2024   7,144    6,164 
 17,759   7705433,4.99%, 10/19/2025  4/24/2024   16,741    16,952 
 2,076   7706767,6.24%, 10/20/2025  4/25/2024   1,980    1,596 
 12,081   7706834,5.15%, 10/20/2025  4/25/2024   11,406    11,395 
 647   7707140,6.25%, 10/20/2025  4/25/2024   601    605 
 3,075   7707112,4.60%, 10/20/2025  4/25/2024   2,898    2,973 
 4,199   7707126,4.56%, 10/20/2025  4/25/2024   4,066    2,804 
 2,186   7707188,5.32%, 10/20/2025  4/25/2024   2,077    1,928 
 1,204   7706919,6.01%, 10/20/2025  4/25/2024   1,147    939 
 5,179   7706883,4.90%, 10/20/2025  4/25/2024   4,820    4,994 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024201

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,551   7706946,5.94%, 10/20/2025  4/25/2024  $1,418   $1,477 
 2,977   7707200,5.33%, 10/20/2025  4/25/2024   2,795    2,826 
 9,306   7706784,4.59%, 10/20/2025  4/25/2024   8,774    9,011 
 9,808   7707050,4.59%, 10/20/2025  4/25/2024   9,274    9,468 
 3,149   7707096,4.57%, 10/20/2025  4/25/2024   3,011    2,949 
 7,735   7707142,4.47%, 10/20/2025  4/25/2024   7,304    7,499 
 9,317   7707010,5.36%, 10/20/2025  4/25/2024   8,844    8,010 
 10,679   7706961,4.47%, 10/20/2025  4/25/2024   10,123    10,313 
 641   7706929,6.20%, 10/20/2025  4/25/2024   594    601 
 640   7706924,4.56%, 10/20/2025  4/25/2024   622    432 
 1,138   7707571,5.95%, 10/21/2025  4/25/2024   1,071    1,054 
 11,723   7707461,6.03%, 10/21/2025  4/25/2024   11,060    10,546 
 4,907   7707319,4.89%, 10/21/2025  4/25/2024   4,676    4,527 
 1,479   7707282,5.94%, 10/21/2025  4/25/2024   1,388    1,366 
 1,609   7707268,4.55%, 10/21/2025  4/25/2024   1,513    1,537 
 13,054   7707581,5.14%, 10/21/2025  4/25/2024   12,363    11,699 
 4,018   7707293,5.93%, 10/21/2025  4/25/2024   3,826    3,553 
 6,623   7707223,6.06%, 10/21/2025  4/25/2024   6,186    6,241 
 818   7707368,5.70%, 10/21/2025  4/25/2024   756    778 
 1,526   7707448,4.89%, 10/21/2025  4/25/2024   1,427    1,471 
 1,044   7707630,4.88%, 10/21/2025  4/25/2024   981    1,007 
 12,742   7707376,5.69%, 10/21/2025  4/25/2024   12,067    10,790 
 29,443   7707634,5.35%, 10/21/2025  4/25/2024   27,667    27,960 
 9,618   7708407,5.92%, 10/22/2025  4/25/2024   9,016    8,988 
 3,494   7708534,4.57%, 10/22/2025  4/25/2024   3,299    3,379 
 42,700   7709605,4.57%, 10/22/2025  4/25/2024   40,075    41,255 
 4,171   7708362,5.12%, 10/22/2025  4/25/2024   3,871    4,007 
 23,771   7709122,4.45%, 10/22/2025  4/25/2024   22,621    22,476 
 4,717   7708089,4.57%, 10/22/2025  4/25/2024   4,434    4,567 
 1,581   7709236,4.55%, 10/22/2025  4/25/2024   1,502    1,506 
 2,425   7708316,5.92%, 10/22/2025  4/25/2024   2,265    2,277 
 9,731   7709385,4.72%, 10/22/2025  4/25/2024   9,293    8,999 
 21,820   7708638,4.57%, 10/22/2025  4/25/2024   20,600    21,102 
 43,478   7708733,5.92%, 10/22/2025  4/25/2024   41,554    32,711 
 1,916   7709218,4.54%, 10/22/2025  4/25/2024   1,793    1,795 
 4,079   7708501,4.57%, 10/22/2025  4/25/2024   3,816    3,952 
 3,856   7708958,4.89%, 10/22/2025  4/25/2024   3,591    3,726 
 949   7708905,4.87%, 10/22/2025  4/25/2024   894    912 
 1,036   7708634,5.94%, 10/22/2025  4/25/2024   950    964 
 12,654   7708987,5.68%, 10/22/2025  4/25/2024   11,946    11,695 
 4,025   7709077,5.68%, 10/22/2025  4/25/2024   3,764    3,809 
 581   7709040,6.23%, 10/22/2025  4/25/2024   540    548 
 269   7708886,5.64%, 10/22/2025  4/25/2024   254    251 
 4,712   7708914,4.88%, 10/22/2025  4/25/2024   4,411    4,544 

 

See Notes to Financial Statements. 
202(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,043   7708932,5.76%, 10/22/2025  4/25/2024  $1,902   $1,935 
 18,394   7709268,5.16%, 10/22/2025  4/25/2024   17,151    17,615 
 2,384   7708073,4.88%, 10/22/2025  4/25/2024   2,232    2,296 
 1,008   7709243,5.68%, 10/22/2025  4/25/2024   950    941 
 2,232   7708942,5.21%, 10/22/2025  4/25/2024   2,094    2,130 
 1,627   7708723,4.87%, 10/22/2025  4/25/2024   1,533    1,564 
 2,059   7708487,6.22%, 10/22/2025  4/25/2024   1,954    1,592 
 2,278   7708124,5.92%, 10/22/2025  4/25/2024   2,111    2,164 
 6,200   7708163,4.57%, 10/22/2025  4/25/2024   5,857    5,991 
 2,568   7708621,4.54%, 10/22/2025  4/25/2024   2,464    2,377 
 14,494   7708549,4.57%, 10/22/2025  4/25/2024   13,614    14,038 
 3,505   7708973,4.88%, 10/22/2025  4/25/2024   3,264    3,386 
 25,232   7710337,5.92%, 10/23/2025  4/26/2024   23,866    20,766 
 1,766   7711140,5.22%, 10/23/2025  4/26/2024   1,674    1,671 
 3,147   7709814,4.58%, 10/23/2025  4/26/2024   2,964    3,045 
 18,244   7710119,4.97%, 10/23/2025  4/26/2024   16,991    17,531 
 1,220   7710449,6.04%, 10/23/2025  4/26/2024   1,151    1,098 
 54,820   7710534,4.88%, 10/23/2025  4/26/2024   51,670    52,675 
 13,694   7711884,5.13%, 10/23/2025  4/26/2024   12,841    13,099 
 13,614   7711160,6.23%, 10/23/2025  4/26/2024   12,691    12,748 
 17,349   7709849,4.88%, 10/23/2025  4/26/2024   16,284    16,712 
 1,395   7709806,4.55%, 10/23/2025  4/26/2024   1,356    957 
 41,702   7712605,5.16%, 10/23/2025  4/26/2024   39,166    39,781 
 7,393   7711416,4.45%, 10/23/2025  4/26/2024   7,011    7,149 
 2,987   7711041,5.31%, 10/23/2025  4/26/2024   2,809    2,835 
 2,626   7710455,5.49%, 10/23/2025  4/26/2024   2,465    2,475 
 782   7710494,5.13%, 10/23/2025  4/26/2024   731    751 
 1,423   7710029,4.98%, 10/23/2025  4/26/2024   1,328    1,368 
 1,343   7710322,5.93%, 10/23/2025  4/26/2024   1,251    1,269 
 8,886   7710501,5.22%, 10/23/2025  4/26/2024   8,445    8,258 
 107   7711519,5.23%, 10/23/2025  4/26/2024   100    101 
 4,055   7710467,5.52%, 10/23/2025  4/26/2024   3,769    3,815 
 1,815   7711462,4.57%, 10/23/2025  4/26/2024   1,716    1,754 
 156   7710088,4.54%, 10/23/2025  4/26/2024   145    151 
 1,547   7710482,6.22%, 10/23/2025  4/26/2024   1,432    1,459 
 1,103   7709780,5.48%, 10/23/2025  4/26/2024   1,038    1,035 
 3,270   7709745,5.13%, 10/23/2025  4/26/2024   3,062    3,139 
 861   7710294,5.91%, 10/23/2025  4/26/2024   790    823 
 2,864   7714860,6.01%, 10/24/2025  4/29/2024   2,668    2,698 
 13,754   7715330,5.68%, 10/24/2025  4/29/2024   12,630    13,122 
 4,347   7724546,6.07%, 10/25/2025  4/30/2024   4,038    4,086 
 4,383   7723610,5.95%, 10/25/2025  4/30/2024   4,017    4,146 
 7,648   7722576,4.90%, 10/25/2025  4/30/2024   7,210    7,330 
 22,799   7723072,4.59%, 10/25/2025  4/30/2024   21,526    22,021 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024203

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,909   7722019,5.33%, 10/25/2025  4/30/2024  $2,741   $2,725 
 11,954   7722442,5.94%, 10/25/2025  4/30/2024   11,042    11,270 
 2,755   7722617,6.24%, 10/25/2025  4/30/2024   2,611    2,145 
 1,914   7722764,5.95%, 10/25/2025  4/30/2024   1,801    1,745 
 5,140   7722773,5.33%, 10/25/2025  4/30/2024   4,829    4,877 
 58,746   7722811,4.59%, 10/25/2025  4/30/2024   55,044    56,842 
 10,246   7723393,4.59%, 10/25/2025  4/30/2024   9,732    9,680 
 13,729   7724058,4.59%, 10/25/2025  4/30/2024   12,959    13,256 
 9,289   7722389,5.33%, 10/25/2025  4/30/2024   8,740    8,754 
 6,192   7721932,4.59%, 10/25/2025  4/30/2024   5,835    5,992 
 1,270   7724333,5.71%, 10/25/2025  4/30/2024   1,198    1,172 
 17,582   7722628,5.70%, 10/25/2025  4/30/2024   16,357    16,600 
 6,374   7722732,5.70%, 10/25/2025  4/30/2024   6,033    5,428 
 3,814   7722546,5.95%, 10/25/2025  4/30/2024   3,569    3,559 
 3,905   7723974,5.70%, 10/25/2025  4/30/2024   3,661    3,665 
 19,405   7721699,6.07%, 10/25/2025  4/30/2024   17,953    18,302 
 3,600   7723939,4.56%, 10/25/2025  4/30/2024   3,467    3,065 
 10,919   7723563,4.59%, 10/25/2025  4/30/2024   10,362    10,315 
 13,132   7724412,5.70%, 10/25/2025  4/30/2024   12,332    12,250 
 1,300   7724651,5.70%, 10/25/2025  4/30/2024   1,217    1,226 
 5,330   7723451,5.94%, 10/25/2025  4/30/2024   5,016    4,866 
 4,684   7723329,5.70%, 10/25/2025  4/30/2024   4,383    4,416 
 2,474   7721981,5.33%, 10/25/2025  4/30/2024   2,312    2,363 
 5,326   7721647,5.79%, 10/25/2025  4/30/2024   4,943    5,041 
 1,646   7722803,4.89%, 10/25/2025  4/30/2024   1,536    1,588 
 6,951   7721371,4.90%, 10/25/2025  4/30/2024   6,458    6,691 
 15,780   7723495,4.47%, 10/25/2025  4/30/2024   15,050    14,928 
 10,820   7724575,4.90%, 10/25/2025  4/30/2024   10,202    10,376 
 10,115   7724292,4.59%, 10/25/2025  4/30/2024   9,570    9,752 
 20,124   7723723,4.59%, 10/25/2025  4/30/2024   19,090    19,004 
 2,664   7723711,5.33%, 10/25/2025  4/30/2024   2,467    2,545 
 1,532   7724469,5.69%, 10/25/2025  4/30/2024   1,426    1,447 
 13,115   7724338,5.33%, 10/25/2025  4/30/2024   12,334    12,346 
 7,932   7722065,4.59%, 10/25/2025  4/30/2024   7,464    7,672 
 730   7723256,5.33%, 10/25/2025  4/30/2024   677    698 
 1,396   7723637,4.89%, 10/25/2025  4/30/2024   1,313    1,340 
 6,694   7723643,4.59%, 10/25/2025  4/30/2024   6,321    6,466 
 793   7724629,4.55%, 10/25/2025  4/30/2024   742    758 
 1,495   7723704,4.90%, 10/25/2025  4/30/2024   1,408    1,433 
 833   7722004,5.26%, 10/25/2025  4/30/2024   794    759 
 19,513   7722268,5.70%, 10/25/2025  4/30/2024   18,299    18,289 
 1,732   7724287,4.90%, 10/25/2025  4/30/2024   1,622    1,670 
 2,749   7721894,5.69%, 10/25/2025  4/30/2024   2,581    2,580 
 7,090   7724273,5.14%, 10/25/2025  4/30/2024   6,679    6,723 

 

See Notes to Financial Statements. 
204(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,360   7724323,4.57%, 10/25/2025  4/30/2024  $2,262   $2,217 
 7,116   7723781,4.59%, 10/25/2025  4/30/2024   6,708    6,878 
 746   7723445,5.72%, 10/25/2025  4/30/2024   687    712 
 1,397   7723348,4.60%, 10/25/2025  4/30/2024   1,307    1,349 
 6,791   7723990,5.94%, 10/25/2025  4/30/2024   6,407    5,562 
 3,685   7723266,4.90%, 10/25/2025  4/30/2024   3,437    3,551 
 17,959   7724179,4.59%, 10/25/2025  4/30/2024   16,997    17,274 
 15,167   7722168,4.90%, 10/25/2025  4/30/2024   14,333    14,410 
 8,855   7724474,6.07%, 10/25/2025  4/30/2024   8,098    8,373 
 2,804   7724632,5.15%, 10/25/2025  4/30/2024   2,624    2,679 
 25,229   7723799,4.75%, 10/25/2025  4/30/2024   23,738    24,243 
 14,852   7723175,4.90%, 10/25/2025  4/30/2024   14,095    13,723 
 9,104   7723663,4.47%, 10/25/2025  4/30/2024   8,613    8,804 
 3,830   7723479,4.90%, 10/25/2025  4/30/2024   3,614    3,673 
 1,532   7723167,5.18%, 10/25/2025  4/30/2024   1,437    1,461 
 8,623   7723353,4.90%, 10/25/2025  4/30/2024   8,105    8,274 
 2,331   7728516,6.25%, 10/26/2025  5/1/2024   2,171    2,173 
 904   7730058,4.73%, 10/26/2025  5/1/2024   847    873 
 7,427   7729862,5.15%, 10/26/2025  5/1/2024   7,016    7,013 
 856   7729762,5.93%, 10/26/2025  5/1/2024   803    799 
 1,989   7729235,5.15%, 10/26/2025  5/1/2024   1,867    1,893 
 7,282   7729188,4.59%, 10/26/2025  5/1/2024   6,891    7,021 
 4,608   7728495,4.56%, 10/26/2025  5/1/2024   4,403    4,323 
 2,508   7724983,5.52%, 10/26/2025  5/1/2024   2,348    2,376 
 4,028   7725302,5.70%, 10/26/2025  5/1/2024   3,779    3,754 
 7,786   7725411,5.52%, 10/26/2025  5/1/2024   7,318    7,300 
 1,697   7726562,4.54%, 10/26/2025  5/1/2024   1,636    1,451 
 1,753   7726607,5.53%, 10/26/2025  5/1/2024   1,661    1,518 
 5,755   7726862,4.59%, 10/26/2025  5/1/2024   5,440    5,544 
 4,614   7729052,5.33%, 10/26/2025  5/1/2024   4,352    4,323 
 2,171   7726592,5.25%, 10/26/2025  5/1/2024   2,073    1,923 
 2,249   7725295,5.14%, 10/26/2025  5/1/2024   2,114    2,142 
 3,586   7727834,4.59%, 10/26/2025  5/1/2024   3,392    3,457 
 1,876   7727736,5.96%, 10/26/2025  5/1/2024   1,785    1,550 
 53,076   7728059,4.90%, 10/26/2025  5/1/2024   50,089    50,632 
 3,870   7729664,4.90%, 10/26/2025  5/1/2024   3,652    3,694 
 3,789   7729767,4.59%, 10/26/2025  5/1/2024   3,585    3,653 
 7,388   7729782,4.59%, 10/26/2025  5/1/2024   7,014    6,980 
 6,727   7729896,6.07%, 10/26/2025  5/1/2024   6,181    6,367 
 1,775   7729406,5.15%, 10/26/2025  5/1/2024   1,667    1,696 
 692   7729220,4.56%, 10/26/2025  5/1/2024   656    651 
 12,461   7729326,5.33%, 10/26/2025  5/1/2024   11,584    11,914 
 43,086   7729427,4.90%, 10/26/2025  5/1/2024   40,456    41,483 
 14,296   7727613,5.94%, 10/26/2025  5/1/2024   13,384    13,203 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024205

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,109   7727538,4.90%, 10/26/2025  5/1/2024  $3,886   $3,793 
 8,414   7727036,4.59%, 10/26/2025  5/1/2024   7,964    8,113 
 5,290   7725787,5.15%, 10/26/2025  5/1/2024   4,969    5,038 
 10,331   7725743,4.59%, 10/26/2025  5/1/2024   9,770    9,968 
 8,280   7725480,5.51%, 10/26/2025  5/1/2024   7,686    7,882 
 5,115   7725442,4.56%, 10/26/2025  5/1/2024   4,857    4,826 
 985   7728478,6.23%, 10/26/2025  5/1/2024   927    905 
 33,346   7725074,5.94%, 10/26/2025  5/1/2024   31,245    30,762 
 10,451   7725596,4.59%, 10/26/2025  5/1/2024   9,935    9,874 
 4,291   7725715,4.90%, 10/26/2025  5/1/2024   4,030    4,118 
 9,231   7727922,4.90%, 10/26/2025  5/1/2024   8,732    8,774 
 2,538   7726213,5.24%, 10/26/2025  5/1/2024   2,395    2,356 
 4,868   7727478,6.25%, 10/26/2025  5/1/2024   4,545    4,542 
 563   7726602,4.52%, 10/26/2025  5/1/2024   540    509 
 23,499   7726732,4.90%, 10/26/2025  5/1/2024   21,916    22,657 
 8,254   7726883,4.59%, 10/26/2025  5/1/2024   7,819    7,789 
 14,014   7726960,4.59%, 10/26/2025  5/1/2024   13,269    13,480 
 20,775   7727371,4.59%, 10/26/2025  5/1/2024   19,668    19,988 
 4,153   7729010,5.94%, 10/26/2025  5/1/2024   3,817    3,937 
 10,951   7730340,4.90%, 10/26/2025  5/1/2024   10,242    10,547 
 1,213   7726604,5.95%, 10/26/2025  5/1/2024   1,117    1,151 
 827   7726727,5.94%, 10/26/2025  5/1/2024   761    783 
 1,000   7726950,4.60%, 10/26/2025  5/1/2024   936    969 
 13,171   7729706,4.90%, 10/26/2025  5/1/2024   12,403    12,624 
 1,236   7729891,5.52%, 10/26/2025  5/1/2024   1,162    1,160 
 33,645   7729942,5.15%, 10/26/2025  5/1/2024   31,908    30,183 
 10,259   7730381,4.59%, 10/26/2025  5/1/2024   9,691    9,913 
 4,523   7726552,4.59%, 10/26/2025  5/1/2024   4,280    4,351 
 1,427   7726853,4.90%, 10/26/2025  5/1/2024   1,327    1,375 
 5,357   7729807,5.33%, 10/26/2025  5/1/2024   4,967    5,114 
 4,156   7727530,6.25%, 10/26/2025  5/1/2024   3,881    3,876 
 5,561   7727507,5.70%, 10/26/2025  5/1/2024   5,258    4,741 
 1,381   7727121,4.91%, 10/26/2025  5/1/2024   1,289    1,331 
 3,472   7730237,4.90%, 10/26/2025  5/1/2024   3,276    3,313 
 47   7728045,4.55%, 10/26/2025  5/1/2024   44    45 
 14,048   7730097,5.95%, 10/26/2025  5/1/2024   13,171    13,119 
 5,291   7729677,6.26%, 10/26/2025  5/1/2024   4,886    4,985 
 20,549   7724739,4.90%, 10/26/2025  5/1/2024   19,347    19,692 
 2,547   7730063,5.93%, 10/26/2025  5/1/2024   2,431    1,934 
 404   7730306,4.59%, 10/26/2025  5/1/2024   378    390 
 2,540   7730312,4.90%, 10/26/2025  5/1/2024   2,365    2,451 
 67,977   7730404,4.59%, 10/26/2025  5/1/2024   64,735    64,226 
 1,032   7728040,6.26%, 10/26/2025  5/1/2024   977    807 
 5,764   7728531,5.70%, 10/26/2025  5/1/2024   5,387    5,436 

 

See Notes to Financial Statements. 
206(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,819   7728381,5.14%, 10/26/2025  5/1/2024  $10,135   $10,339 
 3,693   7727997,4.90%, 10/26/2025  5/1/2024   3,449    3,551 
 3,613   7728605,4.91%, 10/26/2025  5/1/2024   3,430    3,339 
 1,636   7727991,5.14%, 10/26/2025  5/1/2024   1,547    1,467 
 9,651   7727060,4.59%, 10/26/2025  5/1/2024   9,117    9,321 
 14,178   7727549,4.59%, 10/26/2025  5/1/2024   13,414    13,682 
 6,773   7725355,4.59%, 10/26/2025  5/1/2024   6,418    6,517 
 1,724   7725907,4.60%, 10/26/2025  5/1/2024   1,629    1,661 
 794   7726571,6.23%, 10/26/2025  5/1/2024   749    714 
 15,113   7727669,4.90%, 10/26/2025  5/1/2024   14,272    14,427 
 10,920   7727845,4.99%, 10/26/2025  5/1/2024   10,212    10,487 
 1,937   7728464,4.60%, 10/26/2025  5/1/2024   1,831    1,861 
 8,400   7730254,4.90%, 10/26/2025  5/1/2024   7,868    8,092 
 7,371   7730200,5.33%, 10/26/2025  5/1/2024   6,919    6,995 
 2,351   7725275,6.24%, 10/26/2025  5/1/2024   2,209    2,152 
 4,068   7726080,5.15%, 10/26/2025  5/1/2024   3,828    3,858 
 2,395   7727023,5.70%, 10/26/2025  5/1/2024   2,227    2,270 
 18,084   7729599,5.95%, 10/26/2025  5/1/2024   16,869    16,973 
 8,750   7729251,5.70%, 10/26/2025  5/1/2024   8,176    8,189 
 69,167   7728642,5.33%, 10/26/2025  5/1/2024   64,709    65,464 
 1,664   7728633,6.08%, 10/26/2025  5/1/2024   1,577    1,327 
 2,932   7728624,5.95%, 10/26/2025  5/1/2024   2,681    2,765 
 410   7728623,4.56%, 10/26/2025  5/1/2024   382    390 
 1,596   7728454,6.25%, 10/26/2025  5/1/2024   1,499    1,466 
 5,511   7728425,4.56%, 10/26/2025  5/1/2024   5,321    4,715 
 14,206   7728327,6.25%, 10/26/2025  5/1/2024   13,174    13,269 
 1,129   7727981,5.96%, 10/26/2025  5/1/2024   1,076    858 
 2,595   7727596,4.91%, 10/26/2025  5/1/2024   2,416    2,501 
 3,879   7729416,5.33%, 10/26/2025  5/1/2024   3,633    3,694 
 17,946   7727743,5.70%, 10/26/2025  5/1/2024   16,729    16,916 
 1,940   7726566,5.15%, 10/26/2025  5/1/2024   1,824    1,837 
 9,095   7726924,4.59%, 10/26/2025  5/1/2024   8,595    8,767 
 3,415   7725706,5.95%, 10/26/2025  5/1/2024   3,229    2,823 
 4,723   7724883,4.59%, 10/26/2025  5/1/2024   4,456    4,559 
 14,908   7725946,5.15%, 10/26/2025  5/1/2024   13,978    14,257 
 795   7726229,4.55%, 10/26/2025  5/1/2024   758    744 
 29,666   7727128,5.15%, 10/26/2025  5/1/2024   27,731    28,438 
 1,062   7726850,6.26%, 10/26/2025  5/1/2024   991    992 
 18,133   7726637,5.70%, 10/26/2025  5/1/2024   16,959    17,102 
 4,284   7726620,5.69%, 10/26/2025  5/1/2024   4,028    3,998 
 992   7726616,5.70%, 10/26/2025  5/1/2024   916    943 
 16,912   7725830,5.51%, 10/26/2025  5/1/2024   15,912    15,684 
 4,422   7725329,4.59%, 10/26/2025  5/1/2024   4,181    4,264 
 1,812   7725396,4.56%, 10/26/2025  5/1/2024   1,706    1,737 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024207

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,239   7726574,4.59%, 10/26/2025  5/1/2024  $4,008   $4,090 
 4,131   7724952,6.25%, 10/26/2025  5/1/2024   3,847    3,861 
 10,070   7726113,5.70%, 10/26/2025  5/1/2024   9,267    9,560 
 8,213   7725546,5.14%, 10/26/2025  5/1/2024   7,680    7,874 
 7,603   7724921,4.56%, 10/26/2025  5/1/2024   7,373    5,298 
 7,591   7725657,4.90%, 10/26/2025  5/1/2024   7,156    7,274 
 1,690   7725932,5.16%, 10/26/2025  5/1/2024   1,600    1,520 
 1,730   7727984,6.25%, 10/26/2025  5/1/2024   1,622    1,601 
 9,379   7728554,4.59%, 10/26/2025  5/1/2024   8,858    9,057 
 1,193   7729037,5.23%, 10/26/2025  5/1/2024   1,133    1,112 
 22,804   7729081,4.90%, 10/26/2025  5/1/2024   21,484    21,852 
 12,979   7724998,5.15%, 10/26/2025  5/1/2024   12,266    11,674 
 7,017   7730163,4.59%, 10/26/2025  5/1/2024   6,607    6,780 
 2,393   7730296,4.89%, 10/26/2025  5/1/2024   2,258    2,282 
 2,781   7730076,4.91%, 10/26/2025  5/1/2024   2,620    2,666 
 1,489   7732095,6.08%, 10/27/2025  5/2/2024   1,377    1,403 
 1,335   7731926,5.96%, 10/27/2025  5/2/2024   1,248    1,250 
 5,939   7731650,4.59%, 10/27/2025  5/2/2024   5,576    5,747 
 16,122   7730743,4.90%, 10/27/2025  5/2/2024   15,059    15,519 
 4,772   7731967,4.59%, 10/27/2025  5/2/2024   4,492    4,613 
 3,251   7731812,5.95%, 10/27/2025  5/2/2024   3,048    2,997 
 7,003   7731460,4.90%, 10/27/2025  5/2/2024   6,610    6,654 
 1,692   7730731,4.58%, 10/27/2025  5/2/2024   1,602    1,632 
 12,870   7730623,4.59%, 10/27/2025  5/2/2024   12,151    12,429 
 5,567   7732150,4.60%, 10/27/2025  5/2/2024   5,267    5,355 
 1,419   7731889,4.92%, 10/27/2025  5/2/2024   1,339    1,353 
 8,754   7730554,5.95%, 10/27/2025  5/2/2024   8,211    8,115 
 3,343   7732350,4.90%, 10/28/2025  5/2/2024   3,158    3,177 
 3,016   7733042,4.58%, 10/28/2025  5/2/2024   2,853    2,908 
 1,969   7733107,4.90%, 10/28/2025  5/2/2024   1,872    1,821 
 5,171   7732437,4.58%, 10/28/2025  5/2/2024   4,889    4,987 
 4,945   7733180,4.58%, 10/28/2025  5/2/2024   4,664    4,781 
 3,991   7732585,4.89%, 10/28/2025  5/2/2024   3,767    3,788 
 4,325   7732717,5.32%, 10/28/2025  5/2/2024   4,055    4,098 
 5,611   7732865,5.13%, 10/28/2025  5/2/2024   5,271    5,359 
 1,452   7733141,5.49%, 10/28/2025  5/2/2024   1,372    1,260 
 15,313   7733449,5.69%, 10/28/2025  5/2/2024   14,109    14,485 
 828   7733431,6.03%, 10/28/2025  5/2/2024   777    764 
 1,665   7733322,5.49%, 10/28/2025  5/2/2024   1,537    1,591 
 747   7733397,5.25%, 10/28/2025  5/2/2024   701    706 
 1,960   7738247,6.04%, 10/29/2025  5/2/2024   1,793    1,849 
 8,100   7735668,5.50%, 10/29/2025  5/2/2024   7,585    7,666 
 6,443   7737703,5.50%, 10/29/2025  5/2/2024   6,064    6,049 
 795   7735582,4.55%, 10/29/2025  5/2/2024   744    766 

 

See Notes to Financial Statements. 
208(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,798   7738031,5.49%, 10/29/2025  5/2/2024  $1,681   $1,708 
 10,864   7737365,4.57%, 10/29/2025  5/2/2024   10,247    10,502 
 3,573   7735880,5.92%, 10/29/2025  5/2/2024   3,362    2,933 
 1,435   7734574,5.23%, 10/29/2025  5/2/2024   1,361    1,319 
 21,683   7736762,4.45%, 10/29/2025  5/2/2024   20,580    20,521 
 6,222   7738078,5.49%, 10/29/2025  5/2/2024   5,834    5,891 
 28,861   7735970,5.13%, 10/29/2025  5/2/2024   27,103    27,570 
 959   7738007,5.22%, 10/29/2025  5/2/2024   906    890 
 3,350   7741420,4.88%, 10/30/2025  5/3/2024   3,117    3,231 
 2,916   7741471,4.54%, 10/30/2025  5/3/2024   2,699    2,813 
 58,397   7738751,4.88%, 10/30/2025  5/3/2024   55,037    55,980 
 1,907   7742354,5.31%, 10/30/2025  5/3/2024   1,792    1,794 
 4,562   7742464,5.67%, 10/30/2025  5/3/2024   4,260    4,312 
 12,123   7742137,5.92%, 10/30/2025  5/3/2024   11,379    11,302 
 2,685   7740837,5.22%, 10/30/2025  5/3/2024   2,569    2,389 
 15,056   7740416,5.68%, 10/30/2025  5/3/2024   13,982    14,232 
 2,464   7741378,6.04%, 10/30/2025  5/3/2024   2,258    2,330 
 356   7741370,6.05%, 10/30/2025  5/3/2024   331    335 
 3,453   7742063,4.58%, 10/30/2025  5/3/2024   3,268    3,320 
 24,241   7740897,5.49%, 10/30/2025  5/3/2024   22,717    22,799 
 5,957   7740281,4.57%, 10/30/2025  5/3/2024   5,622    5,759 
 1,332   7742319,5.30%, 10/30/2025  5/3/2024   1,233    1,279 
 4,371   7742536,4.57%, 10/30/2025  5/3/2024   4,113    4,227 
 15,934   7738488,4.88%, 10/30/2025  5/3/2024   15,082    14,754 
 12,681   7738360,5.68%, 10/30/2025  5/3/2024   12,023    10,882 
 8,837   7741252,4.73%, 10/30/2025  5/3/2024   8,372    8,188 
 1,922   7742413,5.68%, 10/30/2025  5/3/2024   1,808    1,794 
 2,139   7742629,4.54%, 10/30/2025  5/3/2024   2,028    2,037 
 2,345   7742109,6.05%, 10/30/2025  5/3/2024   2,194    2,182 
 21,965   7741614,5.68%, 10/30/2025  5/3/2024   20,429    20,727 
 7,130   7743159,4.87%, 11/1/2025  5/6/2024   6,702    6,833 
 315   7745029,4.51%, 11/1/2025  5/6/2024   293    304 
 3,480   7744785,5.92%, 11/1/2025  5/6/2024   3,287    2,891 
 2,000   7742813,5.66%, 11/1/2025  5/6/2024   1,862    1,889 
 1,177   7743137,5.69%, 11/1/2025  5/6/2024   1,098    1,111 
 9,047   7743309,4.56%, 11/1/2025  5/6/2024   8,554    8,723 
 3,016   7744114,5.48%, 11/1/2025  5/6/2024   2,845    2,624 
 2,002   7744443,5.13%, 11/1/2025  5/6/2024   1,879    1,912 
 8,950   7745032,5.30%, 11/1/2025  5/6/2024   8,420    8,445 
 5,407   7744939,5.67%, 11/1/2025  5/6/2024   5,124    4,646 
 6,813   7745129,5.91%, 11/1/2025  5/6/2024   6,337    6,424 
 5,986   7743743,5.66%, 11/1/2025  5/6/2024   5,588    5,644 
 1,998   7742682,5.11%, 11/1/2025  5/6/2024   1,879    1,904 
 3,564   7742741,5.91%, 11/1/2025  5/6/2024   3,354    3,310 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024209

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,483   7744588,5.90%, 11/1/2025  5/6/2024  $1,379   $1,389 
 959   7744745,4.52%, 11/1/2025  5/6/2024   903    919 
 69,958   7745898,4.87%, 11/1/2025  5/6/2024   66,289    64,770 
 781   7744633,4.53%, 11/1/2025  5/6/2024   748    727 
 4,710   7744347,5.49%, 11/1/2025  5/6/2024   4,442    4,082 
 2,662   7742854,5.67%, 11/1/2025  5/6/2024   2,490    2,513 
 1,528   7743587,5.91%, 11/1/2025  5/6/2024   1,356    1,457 
 10,275   7742933,4.87%, 11/1/2025  5/6/2024   9,686    9,846 
 68   7744476,5.30%, 11/1/2025  5/6/2024   (7)   36 
 12,500   7746619,5.67%, 11/1/2025  5/6/2024   11,689    11,707 
 4,395   7744201,5.91%, 11/1/2025  5/6/2024   4,063    4,148 
 9,111   7743915,4.87%, 11/1/2025  5/6/2024   8,561    8,736 
 1,404   7743277,5.29%, 11/1/2025  5/6/2024   1,303    1,341 
 6,497   7744651,4.56%, 11/1/2025  5/6/2024   6,080    6,283 
 50,771   7745191,5.12%, 11/1/2025  5/6/2024   47,677    48,364 
 2,054   7751309,4.59%, 11/2/2025  5/7/2024   1,921    1,987 
 4,486   7753208,4.58%, 11/2/2025  5/7/2024   4,232    4,328 
 11,929   7750465,4.58%, 11/2/2025  5/7/2024   11,238    11,523 
 31,107   7752141,5.14%, 11/2/2025  5/7/2024   28,848    29,893 
 1,384   7751290,5.94%, 11/2/2025  5/7/2024   1,277    1,311 
 1,375   7751161,5.92%, 11/2/2025  5/7/2024   1,290    1,272 
 2,857   7752099,5.14%, 11/2/2025  5/7/2024   2,687    2,689 
 1,394   7749844,4.55%, 11/2/2025  5/7/2024   1,334    1,297 
 15,668   7752997,4.58%, 11/2/2025  5/7/2024   14,821    15,067 
 5,871   7751383,4.58%, 11/2/2025  5/7/2024   5,526    5,675 
 7,873   7753266,4.58%, 11/2/2025  5/7/2024   7,433    7,598 
 9,566   7750757,5.50%, 11/2/2025  5/7/2024   8,942    9,002 
 5,622   7751184,4.58%, 11/2/2025  5/7/2024   5,298    5,426 
 5,223   7752844,5.93%, 11/2/2025  5/7/2024   4,838    4,909 
 2,840   7749900,4.88%, 11/2/2025  5/7/2024   2,655    2,730 
 2,146   7750136,5.69%, 11/2/2025  5/7/2024   2,001    2,028 
 2,134   7751108,5.49%, 11/2/2025  5/7/2024   1,995    2,019 
 19,535   7749375,5.32%, 11/2/2025  5/7/2024   18,413    17,399 
 2,017   7750214,4.88%, 11/2/2025  5/7/2024   1,910    1,869 
 42,360   7751504,4.58%, 11/2/2025  5/7/2024   39,928    40,876 
 966   7749799,5.94%, 11/2/2025  5/7/2024   899    906 
 6,585   7750978,4.89%, 11/2/2025  5/7/2024   6,229    6,097 
 1,662   7753390,5.32%, 11/2/2025  5/7/2024   1,561    1,567 
 5,070   7749992,5.94%, 11/2/2025  5/7/2024   4,745    4,669 
 5,145   7752758,5.13%, 11/2/2025  5/7/2024   4,831    4,898 
 4,448   7750338,4.55%, 11/2/2025  5/7/2024   4,243    4,167 
 1,269   7750941,5.96%, 11/2/2025  5/7/2024   1,202    1,054 
 1,462   7749331,5.32%, 11/2/2025  5/7/2024   1,376    1,369 
 1,664   7750282,4.90%, 11/2/2025  5/7/2024   1,563    1,591 

 

See Notes to Financial Statements. 
210(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,571   7752973,5.32%, 11/2/2025  5/7/2024  $2,407   $2,439 
 3,143   7749221,5.14%, 11/2/2025  5/7/2024   2,951    2,994 
 4,719   7752694,5.31%, 11/2/2025  5/7/2024   4,430    4,449 
 16,178   7753435,5.23%, 11/3/2025  5/8/2024   15,378    14,748 
 3,617   7756857,4.58%, 11/3/2025  5/8/2024   3,409    3,490 
 763   7753940,5.70%, 11/3/2025  5/8/2024   713    714 
 821   7755548,6.06%, 11/3/2025  5/8/2024   766    764 
 1,788   7755569,6.06%, 11/3/2025  5/8/2024   1,638    1,690 
 3,302   7755495,4.58%, 11/3/2025  5/8/2024   3,118    3,171 
 1,895   7755627,6.24%, 11/3/2025  5/8/2024   1,793    1,507 
 9,745   7756929,4.89%, 11/3/2025  5/8/2024   9,194    9,258 
 2,554   7755772,6.05%, 11/3/2025  5/8/2024   2,388    2,377 
 8,950   7755231,4.89%, 11/3/2025  5/8/2024   8,413    8,582 
 1,075   7757372,5.91%, 11/3/2025  5/8/2024   1,017    959 
 61,609   7755845,4.58%, 11/3/2025  5/8/2024   57,893    59,515 
 1,703   7755158,4.55%, 11/3/2025  5/8/2024   1,639    1,224 
 300   7754621,4.58%, 11/3/2025  5/8/2024   282    286 
 641   7755615,6.07%, 11/3/2025  5/8/2024   587    607 
 9,581   7757417,5.50%, 11/3/2025  5/8/2024   8,919    8,965 
 17,617   7754629,5.51%, 11/3/2025  5/8/2024   16,412    16,707 
 1,036   7755659,5.70%, 11/3/2025  5/8/2024   954    987 
 1,761   7754930,5.70%, 11/3/2025  5/8/2024   1,646    1,646 
 2,365   7755817,5.49%, 11/3/2025  5/8/2024   2,192    2,254 
 260   7755740,5.85%, 11/3/2025  5/8/2024   244    241 
 12,296   7757074,4.89%, 11/3/2025  5/8/2024   11,551    11,781 
 4,373   7755420,5.14%, 11/3/2025  5/8/2024   4,090    4,175 
 19,758   7753966,5.93%, 11/3/2025  5/8/2024   18,330    18,602 
 3,253   7755678,5.33%, 11/3/2025  5/8/2024   3,087    2,899 
 1,563   7755750,6.06%, 11/3/2025  5/8/2024   1,454    1,447 
 12,241   7754951,5.69%, 11/3/2025  5/8/2024   11,420    11,527 
 8,459   7757555,5.32%, 11/4/2025  5/9/2024   7,849    8,082 
 2,489   7758391,4.89%, 11/4/2025  5/9/2024   2,349    2,304 
 1,793   7758361,5.93%, 11/4/2025  5/9/2024   1,691    1,496 
 925   7758344,5.93%, 11/4/2025  5/9/2024   857    870 
 10,409   7758558,5.14%, 11/4/2025  5/9/2024   9,763    9,914 
 3,621   7758476,5.13%, 11/4/2025  5/9/2024   3,410    3,409 
 2,682   7758433,5.31%, 11/4/2025  5/9/2024   2,492    2,561 
 30,653   7757747,4.58%, 11/4/2025  5/9/2024   28,892    29,521 
 1,500   7759127,5.93%, 11/5/2025  5/9/2024   1,386    1,410 
 4,571   7758763,5.13%, 11/5/2025  5/9/2024   4,302    4,304 
 17,617   7758837,6.04%, 11/5/2025  5/9/2024   16,526    15,844 
 536   7758749,5.20%, 11/5/2025  5/9/2024   500    510 
 17,025   7759735,4.57%, 11/5/2025  5/9/2024   16,000    16,450 
 2,071   7759368,5.30%, 11/5/2025  5/9/2024   1,935    1,968 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024211

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$11,388   7759520,5.92%, 11/5/2025  5/9/2024  $10,633   $10,601 
 11,946   7759149,4.57%, 11/5/2025  5/9/2024   11,222    11,556 
 7,328   7759409,5.13%, 11/5/2025  5/9/2024   6,960    6,634 
 3,305   7762409,5.30%, 11/6/2025  5/9/2024   3,101    3,130 
 33,833   7761624,4.56%, 11/6/2025  5/9/2024   31,947    32,617 
 2,317   7762259,4.53%, 11/6/2025  5/9/2024   2,192    2,180 
 2,134   7762580,5.12%, 11/6/2025  5/9/2024   2,019    1,932 
 50,331   7762599,4.87%, 11/6/2025  5/9/2024   47,401    47,935 
 2,555   7762472,4.57%, 11/6/2025  5/9/2024   2,402    2,471 
 1,415   7760782,6.22%, 11/6/2025  5/9/2024   1,324    1,302 
 2,752   7762508,5.13%, 11/6/2025  5/9/2024   2,598    2,492 
 3,207   7763828,4.56%, 11/6/2025  5/9/2024   3,023    3,094 
 10,935   7760267,5.49%, 11/6/2025  5/9/2024   10,275    10,176 
 1,077   7760828,5.93%, 11/6/2025  5/9/2024   1,012    997 
 3,094   7760891,5.48%, 11/6/2025  5/9/2024   2,912    2,701 
 1,157   7760693,4.53%, 11/6/2025  5/9/2024   1,100    1,071 
 4,974   7762323,5.91%, 11/6/2025  5/9/2024   4,600    4,694 
 1,559   7764420,4.57%, 11/7/2025  5/10/2024   1,463    1,504 
 15,233   7764062,5.91%, 11/7/2025  5/10/2024   14,169    14,275 
 1,071   7767407,4.56%, 11/7/2025  5/10/2024   1,004    1,034 
 1,132   7767581,5.16%, 11/7/2025  5/10/2024   1,052    1,082 
 6,509   7767282,5.21%, 11/7/2025  5/10/2024   6,134    6,054 
 4,247   7765776,5.21%, 11/7/2025  5/10/2024   4,016    3,928 
 3,903   7764563,5.30%, 11/7/2025  5/10/2024   3,641    3,716 
 8,718   7766586,5.91%, 11/7/2025  5/10/2024   8,155    8,042 
 2,360   7766782,4.56%, 11/7/2025  5/10/2024   2,208    2,284 
 25,080   7766886,4.87%, 11/7/2025  5/10/2024   23,572    24,042 
 2,901   7765173,4.88%, 11/7/2025  5/10/2024   2,705    2,785 
 2,130   7766850,4.87%, 11/7/2025  5/10/2024   1,984    2,053 
 26,575   7767607,5.48%, 11/7/2025  5/10/2024   24,824    25,121 
 7,050   7767433,4.87%, 11/7/2025  5/10/2024   6,643    6,692 
 4,603   7766736,4.87%, 11/7/2025  5/10/2024   4,317    4,423 
 1,259   7763984,4.52%, 11/7/2025  5/10/2024   1,195    1,189 
 6,267   7765286,5.48%, 11/7/2025  5/10/2024   5,885    5,823 
 15,232   7764690,5.30%, 11/7/2025  5/10/2024   14,207    14,504 
 1,499   7765110,4.54%, 11/7/2025  5/10/2024   1,423    1,415 
 7,090   7765517,5.66%, 11/7/2025  5/10/2024   6,661    6,546 
 4,107   7765669,5.49%, 11/7/2025  5/10/2024   3,838    3,862 
 62,764   7765880,5.91%, 11/7/2025  5/10/2024   59,447    52,769 
 19,962   7770511,4.56%, 11/8/2025  5/13/2024   18,832    19,258 
 1,822   7771473,4.54%, 11/8/2025  5/13/2024   1,727    1,714 
 1,683   7770791,6.03%, 11/8/2025  5/13/2024   1,540    1,596 
 6,530   7769179,5.91%, 11/8/2025  5/13/2024   6,104    6,086 
 32,936   7770915,5.67%, 11/8/2025  5/13/2024   30,263    31,153 

 

See Notes to Financial Statements. 
212(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$1,314   7770889,5.14%, 11/8/2025  5/13/2024  $1,227   $1,257 
 1,292   7771537,6.02%, 11/8/2025  5/13/2024   1,180    1,224 
 2,599   7768983,6.22%, 11/8/2025  5/13/2024   2,407    2,417 
 2,904   7770819,6.21%, 11/8/2025  5/13/2024   2,625    2,738 
 2,871   7770761,5.90%, 11/8/2025  5/13/2024   2,691    2,653 
 3,012   7768083,5.67%, 11/8/2025  5/13/2024   2,800    2,848 
 827   7769073,4.52%, 11/8/2025  5/13/2024   787    776 
 2,812   7769090,4.57%, 11/8/2025  5/13/2024   2,628    2,719 
 7,240   7770290,4.56%, 11/8/2025  5/13/2024   6,819    6,991 
 13,954   7770362,4.56%, 11/8/2025  5/13/2024   13,139    13,480 
 5,787   7771299,4.87%, 11/8/2025  5/13/2024   5,447    5,515 
 8,031   7771375,5.21%, 11/8/2025  5/13/2024   7,520    7,544 
 2,182   7771573,5.13%, 11/8/2025  5/13/2024   2,035    2,082 
 2,374   7769618,4.87%, 11/8/2025  5/13/2024   2,211    2,289 
 37,339   7768123,5.12%, 11/8/2025  5/13/2024   35,348    33,850 
 1,365   7768045,5.92%, 11/8/2025  5/13/2024   1,278    1,250 
 48,442   7769695,5.30%, 11/8/2025  5/13/2024   45,198    45,871 
 6,040   7768868,4.57%, 11/8/2025  5/13/2024   5,695    5,829 
 18,201   7769345,4.56%, 11/8/2025  5/13/2024   17,160    17,554 
 3,617   7777764,5.93%, 11/9/2025  5/14/2024   3,319    3,391 
 5,052   7773807,5.93%, 11/9/2025  5/14/2024   4,634    4,801 
 11,093   7774209,4.58%, 11/9/2025  5/14/2024   10,448    10,695 
 1,074   7776185,5.67%, 11/9/2025  5/14/2024   1,006    1,000 
 3,912   7774421,4.89%, 11/9/2025  5/14/2024   3,682    3,743 
 11,627   7776232,4.58%, 11/9/2025  5/14/2024   10,972    11,198 
 3,301   7777457,4.54%, 11/9/2025  5/14/2024   3,148    3,063 
 869   7777329,4.58%, 11/9/2025  5/14/2024   834    630 
 728   7777302,4.56%, 11/9/2025  5/14/2024   695    677 
 11,672   7774699,4.58%, 11/9/2025  5/14/2024   10,970    11,265 
 7,144   7775663,5.14%, 11/9/2025  5/14/2024   6,703    6,766 
 18,812   7775149,5.69%, 11/9/2025  5/14/2024   17,489    17,736 
 4,656   7774517,4.89%, 11/9/2025  5/14/2024   4,368    4,450 
 2,155   7774156,4.56%, 11/9/2025  5/14/2024   2,026    2,055 
 1,601   7776205,5.32%, 11/9/2025  5/14/2024   1,499    1,519 
 43,178   7776507,4.58%, 11/9/2025  5/14/2024   40,695    41,646 
 9,190   7773964,5.93%, 11/9/2025  5/14/2024   8,536    8,606 
 4,115   7775016,4.58%, 11/9/2025  5/14/2024   3,885    3,964 
 1,101   7773936,6.25%, 11/9/2025  5/14/2024   1,006    1,044 
 5,353   7777351,5.14%, 11/9/2025  5/14/2024   5,024    5,072 
 4,915   7776418,5.13%, 11/9/2025  5/14/2024   4,601    4,671 
 5,385   7777188,5.14%, 11/9/2025  5/14/2024   5,051    5,125 
 4,260   7777836,4.55%, 11/9/2025  5/14/2024   4,086    3,121 
 32,219   7775750,5.69%, 11/9/2025  5/14/2024   30,140    29,974 
 2,457   7777924,5.70%, 11/9/2025  5/14/2024   2,307    2,127 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024213

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$10,940   7777504,5.93%, 11/9/2025  5/14/2024  $10,037   $10,378 
 1,532   7780662,4.54%, 11/10/2025  5/15/2024   1,449    1,442 
 13,196   7778390,4.58%, 11/10/2025  5/15/2024   12,414    12,735 
 26,282   7779253,4.58%, 11/10/2025  5/15/2024   24,782    25,333 
 11,513   7780062,4.89%, 11/10/2025  5/15/2024   10,721    11,085 
 5,314   7780681,5.69%, 11/10/2025  5/15/2024   4,902    5,008 
 648   7781219,4.51%, 11/10/2025  5/15/2024   621    567 
 543   7781436,5.26%, 11/10/2025  5/15/2024   503    516 
 2,281   7779140,6.24%, 11/10/2025  5/15/2024   2,133    2,050 
 1,943   7779189,5.92%, 11/10/2025  5/15/2024   1,839    1,530 
 6,228   7779967,5.94%, 11/10/2025  5/15/2024   5,770    5,814 
 3,100   7779928,4.89%, 11/10/2025  5/15/2024   2,927    2,878 
 4,196   7781440,5.68%, 11/10/2025  5/15/2024   3,867    3,974 
 14,078   7780970,5.32%, 11/10/2025  5/15/2024   13,277    12,600 
 11,753   7779585,5.14%, 11/10/2025  5/15/2024   11,004    11,218 
 8,588   7779757,4.58%, 11/10/2025  5/15/2024   8,086    8,289 
 11,569   7781245,4.55%, 11/10/2025  5/15/2024   10,943    10,881 
 12,460   7780542,4.58%, 11/10/2025  5/15/2024   11,754    12,012 
 4,500   7780440,5.23%, 11/10/2025  5/15/2024   4,228    4,228 
 11,213   7781464,4.58%, 11/10/2025  5/15/2024   10,618    10,611 
 1,088   7780514,4.56%, 11/10/2025  5/15/2024   1,018    1,034 
 4,001   7777987,5.14%, 11/10/2025  5/15/2024   3,752    3,765 
 7,384   7781543,4.89%, 11/10/2025  5/15/2024   6,964    6,848 
 2,259   7781190,4.55%, 11/10/2025  5/15/2024   2,136    2,139 
 6,676   7778763,4.58%, 11/10/2025  5/15/2024   6,285    6,428 
 2,025   7779081,4.89%, 11/10/2025  5/15/2024   1,902    1,937 
 2,909   7778103,5.50%, 11/10/2025  5/15/2024   2,704    2,754 
 1,439   7779221,5.49%, 11/10/2025  5/15/2024   1,349    1,337 
 11,577   7778162,5.69%, 11/10/2025  5/15/2024   10,792    10,818 
 2,539   7779025,5.93%, 11/10/2025  5/15/2024   2,377    2,325 
 12,136   7780724,4.58%, 11/10/2025  5/15/2024   11,447    11,686 
 4,823   7780348,5.93%, 11/10/2025  5/15/2024   4,504    4,406 
 1,912   7781406,6.07%, 11/10/2025  5/15/2024   1,764    1,781 
 2,608   7782249,5.15%, 11/11/2025  5/16/2024   2,457    2,367 
 6,560   7781759,4.58%, 11/11/2025  5/16/2024   6,201    6,206 
 1,010   7782127,5.22%, 11/11/2025  5/16/2024   960    781 
 3,422   7782147,5.69%, 11/11/2025  5/16/2024   3,121    3,192 
 5,889   7782031,5.50%, 11/11/2025  5/16/2024   5,512    5,471 
 740   7781992,4.51%, 11/11/2025  5/16/2024   711    551 
 9,999   7781846,4.58%, 11/11/2025  5/16/2024   9,439    9,602 
 9,793   7782284,4.89%, 11/11/2025  5/16/2024   9,118    9,414 
 1,613   7781649,6.24%, 11/11/2025  5/16/2024   1,487    1,511 
 16,852   7782436,4.58%, 11/11/2025  5/16/2024   15,897    16,245 
 2,365   7782218,5.70%, 11/11/2025  5/16/2024   2,212    2,200 

 

See Notes to Financial Statements. 
214(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$2,943   7781965,4.54%, 11/11/2025  5/16/2024  $2,831   $2,192 
 5,832   7781679,4.55%, 11/11/2025  5/16/2024   5,530    5,497 
 1,779   7783641,4.54%, 11/12/2025  5/16/2024   1,706    1,329 
 666   7782694,5.20%, 11/12/2025  5/16/2024   626    621 
 2,881   7783538,5.91%, 11/12/2025  5/16/2024   2,651    2,720 
 5,354   7782709,5.68%, 11/12/2025  5/16/2024   5,028    4,652 
 25,968   7782768,5.68%, 11/12/2025  5/16/2024   23,835    24,507 
 5,980   7783452,5.68%, 11/12/2025  5/16/2024   5,510    5,661 
 6,320   7783370,4.57%, 11/12/2025  5/16/2024   5,983    5,981 
 2,690   7783302,5.92%, 11/12/2025  5/16/2024   2,523    2,472 
 2,191   7783595,5.67%, 11/12/2025  5/16/2024   2,027    2,061 
 2,641   7783338,5.31%, 11/12/2025  5/16/2024   2,446    2,520 
 608   7784666,4.53%, 11/13/2025  5/16/2024   575    577 
 1,742   7785579,5.29%, 11/13/2025  5/16/2024   1,632    1,653 
 7,370   7787710,5.11%, 11/13/2025  5/16/2024   6,919    6,980 
 5,336   7787579,5.91%, 11/13/2025  5/16/2024   4,922    5,037 
 14,296   7785199,4.56%, 11/13/2025  5/16/2024   13,371    13,794 
 981   7785860,6.04%, 11/13/2025  5/16/2024   898    922 
 2,947   7783954,4.87%, 11/13/2025  5/16/2024   2,767    2,827 
 21,579   7787089,5.67%, 11/13/2025  5/16/2024   19,971    20,349 
 2,386   7785876,5.20%, 11/13/2025  5/16/2024   2,255    2,204 
 10,321   7784699,4.87%, 11/13/2025  5/16/2024   9,736    9,588 
 5,735   7787506,4.87%, 11/13/2025  5/16/2024   5,385    5,483 
 19,662   7783992,4.57%, 11/13/2025  5/16/2024   18,448    18,999 
 9,381   7785613,4.54%, 11/13/2025  5/16/2024   8,842    8,949 
 66,970   7785925,5.12%, 11/13/2025  5/16/2024   62,739    63,776 
 654   7785605,5.88%, 11/13/2025  5/16/2024   611    609 
 1,714   7783927,4.87%, 11/13/2025  5/16/2024   1,597    1,648 
 6,101   7787805,5.30%, 11/13/2025  5/16/2024   5,706    5,783 
 1,163   7789851,5.93%, 11/14/2025  5/17/2024   1,092    1,036 
 3,448   7790594,5.91%, 11/14/2025  5/17/2024   3,240    3,073 
 5,640   7789493,5.12%, 11/14/2025  5/17/2024   5,312    5,125 
 6,557   7788302,4.57%, 11/14/2025  5/17/2024   6,171    6,328 
 6,044   7789071,4.56%, 11/14/2025  5/17/2024   5,696    5,829 
 924   7788267,4.54%, 11/14/2025  5/17/2024   864    878 
 1,699   7790943,5.91%, 11/14/2025  5/17/2024   1,581    1,593 
 13,237   7789911,4.56%, 11/14/2025  5/17/2024   12,435    12,771 
 5,984   7790617,4.56%, 11/14/2025  5/17/2024   5,646    5,766 
 2,072   7789761,5.11%, 11/14/2025  5/17/2024   1,948    1,878 
 15,680   7787841,4.57%, 11/14/2025  5/17/2024   14,701    15,130 
 1,732   7789461,6.23%, 11/14/2025  5/17/2024   1,594    1,578 
 63,762   7790958,4.87%, 11/14/2025  5/17/2024   59,681    61,133 
 2,444   7789804,5.91%, 11/14/2025  5/17/2024   2,210    2,299 
 8,369   7790402,4.57%, 11/14/2025  5/17/2024   7,896    8,057 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024215

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$15,019   7790792,5.30%, 11/14/2025  5/17/2024  $14,089   $14,028 
 1,216   7790586,5.50%, 11/14/2025  5/17/2024   1,123    1,160 
 9,445   7790473,6.03%, 11/14/2025  5/17/2024   8,671    8,900 
 6,131   7788417,6.03%, 11/14/2025  5/17/2024   5,755    5,097 
 2,247   7789858,5.92%, 11/14/2025  5/17/2024   2,082    2,098 
 7,163   7790892,5.48%, 11/14/2025  5/17/2024   6,721    6,289 
 4,291   7790307,4.87%, 11/14/2025  5/17/2024   3,990    4,126 
 8,717   7790134,5.30%, 11/14/2025  5/17/2024   8,110    8,280 
 18,599   7790669,4.56%, 11/14/2025  5/17/2024   17,554    17,927 
 7,555   7788051,4.56%, 11/14/2025  5/17/2024   7,123    7,280 
 1,534   7788392,6.21%, 11/14/2025  5/17/2024   1,433    1,372 
 16,163   7788553,5.67%, 11/14/2025  5/17/2024   15,025    15,217 
 9,600   7789570,4.56%, 11/14/2025  5/17/2024   9,064    9,246 
 1,684   7794919,5.68%, 11/15/2025  5/20/2024   1,567    1,581 
 7,798   7791373,5.67%, 11/15/2025  5/20/2024   7,248    7,279 
 16,039   7794954,6.22%, 11/15/2025  5/20/2024   14,665    15,037 
 11,582   7794453,4.87%, 11/15/2025  5/20/2024   10,957    10,770 
 12,624   7794281,5.12%, 11/15/2025  5/20/2024   11,837    12,008 
 8,726   7793497,4.56%, 11/15/2025  5/20/2024   8,228    8,380 
 67,219   7791556,4.56%, 11/15/2025  5/20/2024   62,758    64,918 
 1,183   7794640,5.19%, 11/15/2025  5/20/2024   1,117    1,078 
 5,197   7793617,4.56%, 11/15/2025  5/20/2024   4,909    4,994 
 4,600   7791495,5.30%, 11/15/2025  5/20/2024   4,346    4,129 
 53,077   7793674,5.12%, 11/15/2025  5/20/2024   49,619    50,469 
 7,904   7794661,5.49%, 11/15/2025  5/20/2024   7,271    7,512 
 1,024   7797100,5.92%, 11/16/2025  5/21/2024   967    821 
 1,808   7798859,5.69%, 11/16/2025  5/21/2024   1,683    1,689 
 1,366   7799871,5.93%, 11/16/2025  5/21/2024   1,272    1,258 
 5,108   7798605,4.58%, 11/16/2025  5/21/2024   4,819    4,905 
 4,292   7798285,4.59%, 11/16/2025  5/21/2024   4,048    4,057 
 14,565   7799408,4.55%, 11/16/2025  5/21/2024   13,888    13,273 
 689   7798842,6.21%, 11/16/2025  5/21/2024   636    645 
 9,128   7798654,4.58%, 11/16/2025  5/21/2024   8,606    8,764 
 2,665   7797037,4.58%, 11/16/2025  5/21/2024   2,513    2,559 
 3,728   7799932,5.14%, 11/16/2025  5/21/2024   3,483    3,552 
 1,345   7797120,5.94%, 11/16/2025  5/21/2024   1,239    1,262 
 12,306   7800086,5.14%, 11/16/2025  5/21/2024   11,530    11,703 
 26,982   7798360,5.14%, 11/16/2025  5/21/2024   25,296    25,381 
 2,663   7799882,5.93%, 11/16/2025  5/21/2024   2,462    2,495 
 2,222   7798339,5.15%, 11/16/2025  5/21/2024   2,078    2,114 
 31,791   7797153,4.58%, 11/16/2025  5/21/2024   29,913    30,645 
 19,682   7797882,4.89%, 11/16/2025  5/21/2024   18,424    18,903 
 2,401   7798803,4.90%, 11/16/2025  5/21/2024   2,250    2,300 
 35,365   7798986,4.58%, 11/16/2025  5/21/2024   33,353    34,041 

 

See Notes to Financial Statements. 
216(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$7,455   7798874,4.58%, 11/16/2025  5/21/2024  $6,988   $7,199 
 3,862   7802848,5.69%, 11/17/2025  5/22/2024   3,608    3,564 
 4,146   7801113,4.90%, 11/17/2025  5/22/2024   3,892    3,962 
 29,453   7803334,5.32%, 11/17/2025  5/22/2024   27,379    27,964 
 2,723   7802116,6.05%, 11/17/2025  5/22/2024   2,498    2,548 
 26,802   7802884,5.14%, 11/17/2025  5/22/2024   25,221    24,385 
 360   7802838,4.58%, 11/17/2025  5/22/2024   336    344 
 39,972   7802219,5.50%, 11/17/2025  5/22/2024   37,279    37,547 
 7,745   7801988,5.69%, 11/17/2025  5/22/2024   7,126    7,330 
 2,914   7803266,5.94%, 11/17/2025  5/22/2024   2,705    2,705 
 1,149   7802825,5.92%, 11/17/2025  5/22/2024   1,055    1,081 
 2,531   7801951,4.59%, 11/17/2025  5/22/2024   2,384    2,434 
 7,875   7801562,5.69%, 11/17/2025  5/22/2024   7,248    7,465 
 2,853   7800721,5.50%, 11/17/2025  5/22/2024   2,628    2,675 
 5,431   7801210,5.13%, 11/17/2025  5/22/2024   5,039    5,206 
 9,634   7801752,4.89%, 11/17/2025  5/22/2024   8,979    9,210 
 21,227   7800834,4.58%, 11/17/2025  5/22/2024   20,038    20,100 
 3,457   7801493,5.31%, 11/17/2025  5/22/2024   3,247    3,107 
 4,352   7801404,4.89%, 11/17/2025  5/22/2024   4,092    4,148 
 4,225   7803723,4.88%, 11/17/2025  5/22/2024   3,958    4,052 
 4,416   7802170,6.05%, 11/17/2025  5/22/2024   4,109    4,054 
 9,099   7800740,5.32%, 11/17/2025  5/22/2024   8,437    8,629 
 5,251   7800241,5.14%, 11/17/2025  5/22/2024   4,928    4,943 
 11,727   7803825,4.58%, 11/17/2025  5/22/2024   11,060    11,263 
 12,380   7800586,4.58%, 11/17/2025  5/22/2024   11,674    11,914 
 1,472   7804548,5.12%, 11/18/2025  5/23/2024   1,369    1,399 
 4,854   7804766,6.06%, 11/18/2025  5/23/2024   4,475    3,890 
 9,238   7804332,4.58%, 11/18/2025  5/23/2024   8,710    8,873 
 8,761   7804423,4.89%, 11/18/2025  5/23/2024   8,185    8,346 
 1,954   7804570,5.15%, 11/18/2025  5/23/2024   1,828    1,856 
 1,078   7804591,5.20%, 11/18/2025  5/23/2024   1,012    995 
 412   7804326,4.55%, 11/18/2025  5/23/2024   385    396 
 37,270   7804836,5.14%, 11/18/2025  5/23/2024   35,051    33,936 
 5,402   7804608,5.69%, 11/18/2025  5/23/2024   5,026    5,065 
 3,302   7804028,4.55%, 11/18/2025  5/23/2024   3,167    2,523 
 27,548   7804048,4.58%, 11/18/2025  5/23/2024   25,961    26,499 
 7,359   7804666,5.93%, 11/18/2025  5/23/2024   6,873    6,711 
 1,402   7805176,5.21%, 11/19/2025  5/23/2024   1,306    1,327 
 33,035   7805298,6.23%, 11/19/2025  5/23/2024   30,545    30,620 
 10,535   7805202,4.57%, 11/19/2025  5/23/2024   9,888    10,172 
 762   7808211,4.56%, 11/20/2025  5/23/2024   716    712 
 2,111   7807295,5.67%, 11/20/2025  5/23/2024   1,967    1,973 
 8,123   7806917,4.56%, 11/20/2025  5/23/2024   7,660    7,813 
 6,124   7807208,5.30%, 11/20/2025  5/23/2024   5,733    5,720 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024217

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$934   7808200,6.25%, 11/20/2025  5/23/2024  $875   $771 
 5,833   7806640,4.87%, 11/20/2025  5/23/2024   5,464    5,585 
 1,970   7809307,5.68%, 11/20/2025  5/23/2024   1,844    1,823 
 12,648   7809329,4.56%, 11/20/2025  5/23/2024   11,906    12,192 
 803   7808936,4.52%, 11/20/2025  5/23/2024   758    760 
 7,277   7805941,4.56%, 11/20/2025  5/23/2024   6,867    6,988 
 15,670   7808012,5.48%, 11/20/2025  5/23/2024   14,602    14,769 
 8,766   7806301,4.56%, 11/20/2025  5/23/2024   8,263    8,417 
 48,204   7808314,5.12%, 11/20/2025  5/23/2024   44,706    45,928 
 2,412   7806870,4.52%, 11/20/2025  5/23/2024   2,292    2,240 
 1,781   7806224,4.57%, 11/20/2025  5/23/2024   1,676    1,716 
 46,515   7807342,4.87%, 11/20/2025  5/23/2024   43,446    44,619 
 18,454   7808998,5.67%, 11/20/2025  5/23/2024   16,976    17,474 
 1,729   7808966,5.92%, 11/20/2025  5/23/2024   1,587    1,628 
 5,199   7808224,4.87%, 11/20/2025  5/23/2024   4,880    4,962 
 4,299   7806773,5.48%, 11/20/2025  5/23/2024   3,993    4,052 
 816   7806894,4.52%, 11/20/2025  5/23/2024   757    771 
 2,505   7810240,5.48%, 11/21/2025  5/24/2024   2,351    2,217 
 7,004   7812068,5.91%, 11/21/2025  5/24/2024   6,513    6,508 
 1,196   7812706,4.54%, 11/21/2025  5/24/2024   1,141    1,057 
 7,225   7812417,4.87%, 11/21/2025  5/24/2024   6,742    6,943 
 786   7812697,5.93%, 11/21/2025  5/24/2024   719    737 
 3,374   7811419,5.21%, 11/21/2025  5/24/2024   3,123    3,216 
 7,037   7811102,5.91%, 11/21/2025  5/24/2024   6,457    6,661 
 2,172   7811721,5.66%, 11/21/2025  5/24/2024   2,035    1,901 
 2,797   7811759,5.29%, 11/21/2025  5/24/2024   2,613    2,641 
 6,300   7812282,4.57%, 11/21/2025  5/24/2024   5,896    6,083 
 8,153   7812620,4.87%, 11/21/2025  5/24/2024   7,665    7,730 
 35,976   7813194,6.03%, 11/21/2025  5/24/2024   33,133    33,613 
 2,492   7812678,4.87%, 11/21/2025  5/24/2024   2,340    2,379 
 2,884   7813161,5.68%, 11/21/2025  5/24/2024   2,703    2,526 
 6,362   7811527,4.56%, 11/21/2025  5/24/2024   5,978    6,136 
 7,265   7811889,5.49%, 11/21/2025  5/24/2024   6,781    6,793 
 3,982   7811668,5.48%, 11/21/2025  5/24/2024   3,717    3,688 
 6,114   7810320,5.30%, 11/21/2025  5/24/2024   5,744    5,513 
 5,796   7812756,5.49%, 11/21/2025  5/24/2024   5,429    5,115 
 20,759   7812830,4.53%, 11/21/2025  5/24/2024   19,664    19,387 
 5,621   7811949,5.91%, 11/21/2025  5/24/2024   5,202    5,264 
 24,598   7809580,4.87%, 11/21/2025  5/24/2024   23,003    23,565 
 7,245   7810546,4.87%, 11/21/2025  5/24/2024   6,853    6,750 
 11,229   7811240,5.12%, 11/21/2025  5/24/2024   10,518    10,614 
 5,925   7812545,6.21%, 11/21/2025  5/24/2024   5,546    4,900 
 3,046   7812235,5.92%, 11/21/2025  5/24/2024   2,795    2,852 
 1,093   7809538,5.93%, 11/21/2025  5/24/2024   1,021    997 

 

See Notes to Financial Statements. 
218(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$4,134   7812719,5.12%, 11/21/2025  5/24/2024  $3,836   $3,961 
 13,389   7810715,4.56%, 11/21/2025  5/24/2024   12,639    12,685 
 2,011   7811375,5.67%, 11/21/2025  5/24/2024   1,862    1,891 
 8,681   7813282,4.56%, 11/22/2025  5/28/2024   8,199    8,225 
 37,535   7816487,5.12%, 11/22/2025  5/28/2024   35,058    35,759 
 3,620   7815792,5.22%, 11/22/2025  5/28/2024   3,422    3,222 
 4,268   7814299,6.03%, 11/22/2025  5/28/2024   3,912    4,024 
 41,908   7815871,4.87%, 11/22/2025  5/28/2024   39,229    40,169 
 10,283   7813799,5.48%, 11/22/2025  5/28/2024   9,612    9,544 
 4,244   7815218,5.11%, 11/22/2025  5/28/2024   3,955    4,041 
 8,258   7813558,5.67%, 11/22/2025  5/28/2024   7,655    7,763 
 23,860   7815507,5.12%, 11/22/2025  5/28/2024   22,425    21,782 
 46,069   7817046,4.56%, 11/22/2025  5/28/2024   43,338    44,328 
 8,590   7815342,5.67%, 11/22/2025  5/28/2024   7,879    8,128 
 5,012   7814489,5.67%, 11/22/2025  5/28/2024   4,685    4,632 
 33,454   7814610,4.87%, 11/22/2025  5/28/2024   31,386    31,957 
 5,159   7815762,5.12%, 11/22/2025  5/28/2024   4,830    4,856 
 4,081   7814177,5.21%, 11/22/2025  5/28/2024   3,878    3,274 
 3,756   7816452,5.90%, 11/22/2025  5/28/2024   3,526    3,228 
 2,844   7821102,5.94%, 11/23/2025  5/29/2024   2,610    2,680 
 6,039   7824692,4.90%, 11/23/2025  5/29/2024   5,663    5,722 
 31,197   7824137,5.70%, 11/23/2025  5/29/2024   29,121    27,367 
 957   7821309,6.24%, 11/23/2025  5/29/2024   882    866 
 16,530   7823054,4.59%, 11/23/2025  5/29/2024   15,494    15,953 
 55,110   7823329,4.90%, 11/23/2025  5/29/2024   51,586    52,599 
 28,681   7824790,4.59%, 11/23/2025  5/29/2024   26,970    27,622 
 62,240   7821331,4.90%, 11/23/2025  5/29/2024   58,122    59,620 
 7,031   7821166,6.25%, 11/23/2025  5/29/2024   6,404    6,570 
 21,389   7825442,4.59%, 11/24/2025  5/30/2024   20,125    20,236 
 11,913   7828261,5.95%, 11/24/2025  5/30/2024   11,129    10,252 
 38,569   7827406,4.90%, 11/24/2025  5/30/2024   36,037    36,971 
 556   7826246,4.52%, 11/24/2025  5/30/2024   521    533 
 5,006   7828155,6.07%, 11/24/2025  5/30/2024   4,580    4,700 
 16,935   7825786,4.59%, 11/24/2025  5/30/2024   15,925    16,270 
 588   7828060,4.53%, 11/24/2025  5/30/2024   560    522 
 5,139   7828429,4.60%, 11/24/2025  5/30/2024   4,828    4,933 
 1,516   7828128,5.70%, 11/24/2025  5/30/2024   1,417    1,331 
 35,945   7826782,4.90%, 11/24/2025  5/30/2024   33,670    34,177 
 21,784   7828460,5.33%, 11/24/2025  5/30/2024   20,412    19,665 
 3,352   7828062,4.59%, 11/24/2025  5/30/2024   3,154    3,225 
 2,193   7827372,5.53%, 11/24/2025  5/30/2024   2,045    2,033 
 18,577   7826263,4.59%, 11/24/2025  5/30/2024   17,487    17,855 
 10,783   7826085,4.56%, 11/24/2025  5/30/2024   10,117    10,131 
 8,617   7825978,5.70%, 11/24/2025  5/30/2024   8,036    7,957 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024219

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$30,039   7828797,5.15%, 11/24/2025  5/30/2024  $28,064   $28,514 
 3,250   7829526,5.71%, 11/25/2025  5/31/2024   3,022    2,996 
 2,503   7830210,6.07%, 11/25/2025  5/31/2024   2,314    2,311 
 2,741   7830248,5.33%, 11/25/2025  5/31/2024   2,534    2,610 
 11,051   7830312,5.95%, 11/25/2025  5/31/2024   10,258    10,174 
 5,511   7830042,4.58%, 11/25/2025  5/31/2024   5,177    5,304 
 6,011   7829949,4.59%, 11/25/2025  5/31/2024   5,657    5,767 
 13,867   7829569,5.94%, 11/25/2025  5/31/2024   12,905    12,654 
 5,709   7830126,5.70%, 11/25/2025  5/31/2024   5,312    5,262 
 1,772   7829328,6.05%, 11/25/2025  5/31/2024   1,624    1,651 
 10,412   7829761,4.90%, 11/25/2025  5/31/2024   9,739    9,978 
 1,444   7829923,6.07%, 11/25/2025  5/31/2024   1,341    1,296 
 10,714   7829369,4.90%, 11/25/2025  5/31/2024   10,051    9,979 
 6,291   7830536,5.14%, 11/26/2025  5/31/2024   5,831    5,998 
 536   7831317,4.52%, 11/26/2025  5/31/2024   502    513 
 10,465   7830891,5.69%, 11/26/2025  5/31/2024   9,755    9,741 
 5,317   7831324,4.58%, 11/26/2025  5/31/2024   5,011    5,038 
 3,558   7830825,4.58%, 11/26/2025  5/31/2024   3,359    3,374 
 3,577   7831235,5.94%, 11/26/2025  5/31/2024   3,309    3,331 
 787   7830882,4.58%, 11/26/2025  5/31/2024   742    739 
 2,543   7830490,6.25%, 11/26/2025  5/31/2024   2,323    2,396 
 9,723   7831059,5.32%, 11/26/2025  5/31/2024   9,033    9,199 
 3,249   7831528,4.54%, 11/27/2025  5/31/2024   2,961    3,077 
 42,167   7832316,4.57%, 11/27/2025  5/31/2024   39,566    40,584 
 8,378   7832221,4.57%, 11/27/2025  5/31/2024   7,845    8,080 
 896   7831427,6.04%, 11/27/2025  5/31/2024   821    832 
 1,786   7831446,4.89%, 11/27/2025  5/31/2024   1,669    1,710 
 3,700   7832105,4.89%, 11/27/2025  5/31/2024   3,474    3,446 
 9,823   7831812,4.58%, 11/27/2025  5/31/2024   9,229    9,454 
 10,705   7831968,5.31%, 11/27/2025  5/31/2024   9,982    10,100 
 6,985   7832158,5.31%, 11/27/2025  5/31/2024   6,500    6,606 
 3,428   7831755,4.57%, 11/27/2025  5/31/2024   3,221    3,299 
 25,238   7834446,4.87%, 11/28/2025  5/31/2024   23,683    23,932 
 14,850   7836077,4.57%, 11/28/2025  5/31/2024   13,950    14,211 
 7,266   7834310,5.48%, 11/28/2025  5/31/2024   6,813    6,766 
 32,005   7834893,4.56%, 11/28/2025  5/31/2024   30,065    30,624 
 17,095   7833665,4.56%, 11/28/2025  5/31/2024   16,071    16,365 
 1,232   7835528,5.32%, 11/28/2025  5/31/2024   1,149    1,149 
 14,276   7835557,5.30%, 11/28/2025  5/31/2024   13,352    13,350 
 9,355   7833304,5.91%, 11/28/2025  5/31/2024   8,639    8,579 
 511   7834276,5.90%, 11/28/2025  5/31/2024   464    399 
 9,258   7835890,4.87%, 11/28/2025  5/31/2024   8,672    8,773 
 8,364   7834110,5.48%, 11/28/2025  5/31/2024   7,830    7,782 
 5,997   7835772,5.30%, 11/28/2025  5/31/2024   5,550    5,576 

 

See Notes to Financial Statements. 
220(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$16,935   7839649,5.30%, 11/29/2025  6/3/2024  $15,899   $15,860 
 19,950   7839026,4.56%, 11/29/2025  6/3/2024   18,760    19,095 
 20,368   7836904,4.56%, 11/29/2025  6/3/2024   19,117    19,488 
 5,263   7836373,5.49%, 11/29/2025  6/3/2024   4,898    4,882 
 63,210   7838186,5.12%, 11/29/2025  6/3/2024   59,011    59,362 
 16,463   7839293,4.56%, 11/29/2025  6/3/2024   15,443    15,754 
 1,528   7837837,5.92%, 11/29/2025  6/3/2024   1,412    1,404 
 7,943   7837635,5.66%, 11/29/2025  6/3/2024   7,339    7,333 
 4,149   7836736,5.67%, 11/29/2025  6/3/2024   3,857    3,836 
 1,016   7836442,6.24%, 11/29/2025  6/3/2024   921    920 
 18,097   7836510,6.03%, 11/29/2025  6/3/2024   16,779    16,538 
 658   7837920,4.55%, 11/29/2025  6/3/2024   617    602 
 1,437   7839889,5.91%, 11/29/2025  6/3/2024   1,318    1,314 
 2,043   7836822,5.91%, 11/29/2025  6/3/2024   1,875    1,855 
 12,633   7839907,5.49%, 11/29/2025  6/3/2024   11,718    11,700 
 2,974   7839847,4.56%, 11/29/2025  6/3/2024   2,795    2,846 
 7,948   7837406,5.30%, 11/29/2025  6/3/2024   7,424    7,425 
 2,840   7839487,4.87%, 11/29/2025  6/3/2024   2,655    2,690 
 1,115   7836717,5.67%, 11/29/2025  6/3/2024   1,031    1,028 
 941   7836493,4.55%, 11/29/2025  6/3/2024   897    876 
 9,857   7839525,5.30%, 11/29/2025  6/3/2024   9,168    9,195 
 1,366   7839284,4.55%, 11/29/2025  6/3/2024   1,285    1,254 
 2,123   7838997,4.88%, 11/29/2025  6/3/2024   1,985    2,011 
 9,116   7840048,4.54%, 11/29/2025  6/3/2024   8,682    8,468 
 3,415   7836455,5.12%, 11/29/2025  6/3/2024   3,179    3,206 
 15,737   7837983,4.56%, 11/29/2025  6/3/2024   14,771    15,055 
 2,108   7837872,5.92%, 11/29/2025  6/3/2024   1,935    1,930 
 3,778   7837773,6.22%, 11/29/2025  6/3/2024   3,510    3,457 
 1,406   7837344,4.52%, 11/29/2025  6/3/2024   1,305    1,283 
 4,199   7837929,4.57%, 11/29/2025  6/3/2024   3,942    4,018 
 8,438   7846538,5.15%, 11/30/2025  6/5/2024   7,870    7,922 
 93,097   7846246,5.14%, 11/30/2025  6/4/2024   87,143    87,540 
 3,259   7845059,6.05%, 11/30/2025  6/4/2024   3,029    2,989 
 1,478   7844764,6.06%, 11/30/2025  6/4/2024   1,354    1,342 
 23,228   7843648,5.23%, 11/30/2025  6/4/2024   21,686    21,277 
 5,004   7850007,5.71%, 11/30/2025  6/5/2024   4,647    4,626 
 8,328   7850067,5.15%, 11/30/2025  6/5/2024   7,771    7,820 
 83,312   7848817,5.51%, 11/30/2025  6/5/2024   77,443    77,248 
 19,789   7850181,5.94%, 11/30/2025  6/5/2024   18,325    18,208 
 1,342   7849639,6.07%, 11/30/2025  6/5/2024   1,241    1,228 
 603   7850065,4.55%, 11/30/2025  6/5/2024   567    554 
 2,591   7843184,5.69%, 11/30/2025  6/4/2024   2,399    2,385 
 6,585   7845961,4.89%, 11/30/2025  6/4/2024   6,133    6,215 
 2,880   7847768,4.57%, 11/30/2025  6/5/2024   2,707    2,647 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024221

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$47,779   7845236,5.14%, 11/30/2025  6/4/2024  $44,614   $44,865 
 2,633   7845760,5.93%, 11/30/2025  6/4/2024   2,443    2,425 
 6,578   7845188,4.55%, 11/30/2025  6/4/2024   6,194    6,051 
 3,529   7845082,5.93%, 11/30/2025  6/4/2024   3,261    3,221 
 5,318   7849949,4.59%, 11/30/2025  6/5/2024   5,001    5,089 
 23,160   7849646,5.94%, 11/30/2025  6/5/2024   21,234    20,862 
 1,192   7847664,5.23%, 11/30/2025  6/5/2024   1,124    1,100 
 31,922   7846704,5.95%, 11/30/2025  6/5/2024   29,467    29,328 
 904   7846193,4.57%, 11/30/2025  6/4/2024   847    826 
 29,896   7842414,5.69%, 11/30/2025  6/4/2024   27,679    27,596 
 8,588   7843225,4.89%, 11/30/2025  6/4/2024   8,040    8,136 
 30,163   7844005,5.93%, 11/30/2025  6/4/2024   27,945    27,734 
 6,312   7844933,4.55%, 11/30/2025  6/4/2024   5,912    5,781 
 42,899   7848372,4.90%, 11/30/2025  6/5/2024   40,117    40,629 
 18,049   7848077,4.59%, 11/30/2025  6/5/2024   16,876    17,257 
 1,025   7845740,4.58%, 11/30/2025  6/4/2024   962    980 
 5,884   7843485,5.32%, 11/30/2025  6/4/2024   5,477    5,494 
 4,300   7846214,4.89%, 11/30/2025  6/4/2024   4,020    4,070 
 7,888   7846086,4.89%, 11/30/2025  6/4/2024   7,376    7,472 
 805   7842833,4.58%, 11/30/2025  6/4/2024   753    736 
 7,166   7844822,4.89%, 11/30/2025  6/4/2024   6,708    6,787 
 5,175   7845920,4.59%, 11/30/2025  6/4/2024   4,871    4,953 
 1,870   7842796,4.55%, 11/30/2025  6/4/2024   1,764    1,722 
 1,070   7843423,5.94%, 11/30/2025  6/4/2024   989    984 
 2,125   7844863,4.56%, 11/30/2025  6/4/2024   2,013    1,965 
 749   7842822,4.51%, 11/30/2025  6/4/2024   715    698 
 2,157   7844889,4.89%, 11/30/2025  6/4/2024   2,025    2,046 
 5,029   7847675,4.90%, 11/30/2025  6/5/2024   4,710    4,767 
 20,997   7842847,4.58%, 11/30/2025  6/4/2024   19,786    20,108 
 21,037   7845792,5.14%, 11/30/2025  6/4/2024   19,612    19,745 
 1,750   7843447,4.89%, 11/30/2025  6/4/2024   1,640    1,659 
 2,364   7843994,4.88%, 11/30/2025  6/4/2024   2,200    2,235 
 20,297   7847808,5.70%, 11/30/2025  6/5/2024   18,825    18,745 
 4,398   7844781,4.59%, 11/30/2025  6/4/2024   4,137    4,209 
 1,347   7844736,6.24%, 11/30/2025  6/4/2024   1,241    1,228 
 1,806   7842369,6.23%, 11/30/2025  6/4/2024   1,668    1,645 
 7,690   7848756,4.90%, 11/30/2025  6/5/2024   7,232    7,297 
 26,479   7844464,4.89%, 11/30/2025  6/4/2024   24,783    25,081 
 12,973   7845117,4.89%, 11/30/2025  6/4/2024   12,084    12,237 
 2,132   7846234,5.52%, 11/30/2025  6/4/2024   1,985    1,979 
 490   7847749,5.70%, 11/30/2025  6/5/2024   452    452 
 1,347   7845952,4.88%, 11/30/2025  6/4/2024   1,262    1,276 
 3,474   7846046,5.94%, 11/30/2025  6/4/2024   3,232    3,202 
 925   7843157,6.25%, 11/30/2025  6/4/2024   845    839 

 

See Notes to Financial Statements. 
222(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$15,857   7847329,4.59%, 11/30/2025  6/5/2024  $14,937   $15,185 
 1,204   7850659,4.58%, 12/1/2025  6/6/2024   1,146    1,120 
 27,703   7851287,5.15%, 12/1/2025  6/6/2024   25,808    26,001 
 3,029   7850842,5.23%, 12/1/2025  6/6/2024   2,844    2,791 
 1,336   7850538,4.57%, 12/1/2025  6/6/2024   1,266    1,236 
 2,654   7850711,4.60%, 12/1/2025  6/6/2024   2,493    2,537 
 5,950   7850422,4.90%, 12/1/2025  6/6/2024   5,558    5,638 
 1,811   7850669,4.91%, 12/1/2025  6/6/2024   1,696    1,716 
 4,448   7850495,5.14%, 12/1/2025  6/6/2024   4,145    4,175 
 12,338   7850733,4.90%, 12/1/2025  6/6/2024   11,525    11,685 
 542   7850976,4.59%, 12/1/2025  6/6/2024   511    519 
 1,645   7851259,6.08%, 12/1/2025  6/6/2024   1,514    1,498 
 5,500   7850938,6.06%, 12/1/2025  6/6/2024   5,054    5,011 
 1,626   7850682,4.55%, 12/1/2025  6/6/2024   1,536    1,503 
 6,775   7851050,6.07%, 12/1/2025  6/6/2024   6,224    6,176 
 12,959   7851102,4.59%, 12/1/2025  6/6/2024   12,164    12,396 
 4,908   7850890,4.59%, 12/1/2025  6/6/2024   4,602    4,696 
 7,692   7850985,4.90%, 12/1/2025  6/6/2024   7,206    7,292 
 11,569   7850549,4.59%, 12/1/2025  6/6/2024   10,867    11,070 
 5,274   7851209,6.06%, 12/1/2025  6/6/2024   4,909    4,839 
 1,035   7851279,4.59%, 12/1/2025  6/6/2024   970    990 
 1,757   7850870,5.95%, 12/1/2025  6/6/2024   1,622    1,614 
 18,407   7851800,4.58%, 12/2/2025  6/6/2024   17,308    17,617 
 976   7851648,4.57%, 12/2/2025  6/6/2024   916    896 
 9,528   7851556,4.58%, 12/2/2025  6/6/2024   8,966    9,121 
 2,457   7851780,5.14%, 12/2/2025  6/6/2024   2,301    2,311 
 41,550   7851967,4.58%, 12/2/2025  6/6/2024   38,995    39,746 
 4,679   7851718,5.14%, 12/2/2025  6/6/2024   4,347    4,388 
 4,702   7851673,5.51%, 12/2/2025  6/6/2024   4,376    4,363 
 786   7851639,4.52%, 12/2/2025  6/6/2024   743    726 
 1,285   7851661,5.93%, 12/2/2025  6/6/2024   1,200    1,182 
 2,401   7854286,4.57%, 12/3/2025  6/6/2024   2,260    2,299 
 5,131   7854214,5.49%, 12/3/2025  6/6/2024   4,762    4,756 
 20,397   7854324,4.57%, 12/3/2025  6/6/2024   19,148    19,518 
 4,657   7854981,4.87%, 12/3/2025  6/6/2024   4,346    4,409 
 8,887   7855058,4.88%, 12/3/2025  6/6/2024   8,316    8,415 
 2,886   7852714,5.93%, 12/3/2025  6/6/2024   2,657    2,654 
 1,871   7853632,5.67%, 12/3/2025  6/6/2024   1,735    1,728 
 4,777   7853928,6.22%, 12/3/2025  6/6/2024   4,361    4,320 
 5,461   7854057,5.31%, 12/3/2025  6/6/2024   5,102    5,103 
 12,864   7856632,4.57%, 12/3/2025  6/6/2024   12,105    12,313 
 67,494   7855590,4.57%, 12/3/2025  6/6/2024   63,352    64,554 
 2,510   7855541,5.12%, 12/3/2025  6/6/2024   2,334    2,356 
 4,194   7855233,6.04%, 12/3/2025  6/6/2024   3,882    3,839 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024223

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$3,834   7854018,4.58%, 12/3/2025  6/6/2024  $3,585   $3,659 
 6,252   7853315,5.13%, 12/3/2025  6/6/2024   5,831    5,870 
 6,921   7853484,4.58%, 12/3/2025  6/6/2024   6,499    6,618 
 950   7855025,6.23%, 12/3/2025  6/6/2024   877    867 
 10,637   7856480,5.92%, 12/3/2025  6/6/2024   9,817    9,761 
 880   7854001,5.91%, 12/3/2025  6/6/2024   807    797 
 20,209   7855303,6.23%, 12/3/2025  6/6/2024   18,763    18,485 
 4,035   7854166,4.57%, 12/3/2025  6/6/2024   3,801    3,863 
 18,731   7852840,4.88%, 12/3/2025  6/6/2024   17,568    17,739 
 7,632   7856408,4.57%, 12/3/2025  6/6/2024   7,169    7,300 
 9,575   7852743,4.57%, 12/3/2025  6/6/2024   9,022    9,169 
 18,018   7853647,4.57%, 12/3/2025  6/6/2024   16,899    17,227 
 3,143   7854132,5.93%, 12/3/2025  6/6/2024   2,894    2,881 
 52,653   7854450,4.57%, 12/3/2025  6/6/2024   49,276    50,379 
 30,927   7859463,5.68%, 12/4/2025  6/7/2024   28,668    28,590 
 4,465   7859755,5.68%, 12/4/2025  6/7/2024   4,111    4,090 
 1,528   7860041,6.23%, 12/4/2025  6/7/2024   1,419    1,399 
 15,703   7860056,5.68%, 12/4/2025  6/7/2024   14,563    14,505 
 4,057   7859991,5.31%, 12/4/2025  6/7/2024   3,775    3,787 
 2,135   7860034,5.32%, 12/4/2025  6/7/2024   1,995    1,996 
 5,443   7860138,5.68%, 12/4/2025  6/7/2024   5,059    5,034 
 740   7859739,5.91%, 12/4/2025  6/7/2024   679    672 
 4,909   7856827,4.57%, 12/4/2025  6/7/2024   4,605    4,693 
 14,754   7857317,5.13%, 12/4/2025  6/7/2024   13,764    13,852 
 20,678   7857035,4.88%, 12/4/2025  6/7/2024   19,317    19,580 
 882   7860026,5.89%, 12/4/2025  6/7/2024   822    811 
 1,180   7860186,5.70%, 12/4/2025  6/7/2024   1,093    1,090 
 67,482   7860258,4.88%, 12/4/2025  6/7/2024   62,965    63,878 
 11,311   7860202,4.88%, 12/4/2025  6/7/2024   10,564    10,702 
 797   7859309,4.54%, 12/4/2025  6/7/2024   746    713 
 19,331   7859147,4.57%, 12/4/2025  6/7/2024   18,201    18,508 
 4,243   7859413,4.57%, 12/4/2025  6/7/2024   3,987    4,059 
 14,590   7857485,5.68%, 12/4/2025  6/7/2024   13,522    13,469 
 6,016   7857935,5.92%, 12/4/2025  6/7/2024   5,520    5,447 
 669   7860021,5.92%, 12/4/2025  6/7/2024   614    609 
 4,404   7859932,5.92%, 12/4/2025  6/7/2024   4,044    4,017 
 1,037   7859291,4.88%, 12/4/2025  6/7/2024   970    982 
 3,788   7860165,4.87%, 12/4/2025  6/7/2024   3,555    3,592 
 46,998   7858701,5.31%, 12/4/2025  6/7/2024   43,546    43,769 
 12,681   7859321,4.58%, 12/4/2025  6/7/2024   11,904    12,132 
 1,630   7859445,4.53%, 12/4/2025  6/7/2024   1,519    1,481 
 1,790   7859900,4.57%, 12/4/2025  6/7/2024   1,673    1,710 
 1,338   7857298,5.30%, 12/4/2025  6/7/2024   1,237    1,240 
 2,063   7857898,4.57%, 12/4/2025  6/7/2024   1,934    1,972 

 

See Notes to Financial Statements. 
224(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$54,779   7858086,6.23%, 12/4/2025  6/7/2024  $50,616   $49,988 
 6,778   7859817,4.57%, 12/4/2025  6/7/2024   6,357    6,483 
 2,107   7858040,5.50%, 12/4/2025  6/7/2024   1,945    1,949 
 13,367   7856883,4.57%, 12/4/2025  6/7/2024   12,547    12,791 
 4,018   7857814,5.12%, 12/4/2025  6/7/2024   3,751    3,774 
 8,325   7856680,5.68%, 12/4/2025  6/7/2024   7,711    7,690 
 15,465   7863308,4.57%, 12/5/2025  6/10/2024   14,526    14,803 
 902   7863710,5.91%, 12/5/2025  6/10/2024   825    817 
 82,343   7863723,5.68%, 12/5/2025  6/10/2024   76,016    75,977 
 14,137   7861257,5.92%, 12/5/2025  6/10/2024   13,036    12,923 
 61,190   7862725,4.57%, 12/5/2025  6/10/2024   57,450    58,551 
 37,273   7862186,4.88%, 12/5/2025  6/10/2024   34,879    35,326 
 2,211   7860976,5.49%, 12/5/2025  6/10/2024   2,041    2,023 
 2,040   7860690,5.69%, 12/5/2025  6/10/2024   1,884    1,881 
 6,484   7863539,5.68%, 12/5/2025  6/10/2024   6,021    5,997 
 7,356   7863482,5.68%, 12/5/2025  6/10/2024   6,818    6,794 
 41,931   7861657,4.57%, 12/5/2025  6/10/2024   39,321    40,107 
 2,305   7862162,4.55%, 12/5/2025  6/10/2024   2,161    2,120 
 17,221   7863596,4.88%, 12/5/2025  6/10/2024   16,173    16,334 
 1,907   7861445,4.53%, 12/5/2025  6/10/2024   1,797    1,760 
 2,700   7861482,4.57%, 12/5/2025  6/10/2024   2,531    2,580 
 3,004   7863233,5.92%, 12/5/2025  6/10/2024   2,743    2,733 
 12,004   7862464,6.04%, 12/5/2025  6/10/2024   11,111    10,997 
 6,374   7863260,5.93%, 12/5/2025  6/10/2024   5,866    5,847 
 3,000   7861013,4.89%, 12/5/2025  6/10/2024   2,805    2,839 
 13,967   7860757,5.49%, 12/5/2025  6/10/2024   13,011    12,974 
 17,607   7861053,4.88%, 12/5/2025  6/10/2024   16,518    16,687 
 26,549   7862534,4.88%, 12/5/2025  6/10/2024   24,848    25,160 
 4,544   7861552,6.22%, 12/5/2025  6/10/2024   4,194    4,146 
 2,725   7867925,4.55%, 12/6/2025  6/11/2024   2,563    2,513 
 2,807   7869849,5.16%, 12/6/2025  6/11/2024   2,625    2,638 
 5,975   7866519,4.90%, 12/6/2025  6/11/2024   5,578    5,655 
 7,456   7868783,4.59%, 12/6/2025  6/11/2024   6,997    7,130 
 20,566   7868902,5.33%, 12/6/2025  6/11/2024   19,138    19,178 
 3,561   7868330,5.15%, 12/6/2025  6/11/2024   3,315    3,339 
 4,720   7868415,4.55%, 12/6/2025  6/11/2024   4,446    4,360 
 17,198   7868458,4.59%, 12/6/2025  6/11/2024   16,148    16,449 
 2,068   7868284,5.32%, 12/6/2025  6/11/2024   1,915    1,927 
 3,191   7869989,6.08%, 12/6/2025  6/11/2024   2,923    2,895 
 4,107   7867756,5.14%, 12/6/2025  6/11/2024   3,837    3,860 
 1,592   7868395,4.58%, 12/6/2025  6/11/2024   1,505    1,475 
 12,560   7866638,5.15%, 12/6/2025  6/11/2024   11,708    11,791 
 3,117   7866598,5.33%, 12/6/2025  6/11/2024   2,893    2,906 
 6,637   7867609,5.24%, 12/6/2025  6/11/2024   6,152    6,065 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024225

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,225   7870186,5.94%, 12/6/2025  6/11/2024  $5,713   $5,708 
 7,412   7868593,5.51%, 12/6/2025  6/11/2024   6,872    6,866 
 21,438   7869137,5.70%, 12/6/2025  6/11/2024   19,863    19,803 
 3,565   7867553,5.94%, 12/6/2025  6/11/2024   3,282    3,268 
 4,638   7868708,5.51%, 12/6/2025  6/11/2024   4,299    4,295 
 7,233   7867816,5.70%, 12/6/2025  6/11/2024   6,717    6,688 
 17,997   7870034,4.59%, 12/6/2025  6/11/2024   16,906    17,212 
 1,391   7867354,4.60%, 12/6/2025  6/11/2024   1,306    1,331 
 2,942   7868664,6.24%, 12/6/2025  6/11/2024   2,730    2,695 
 5,016   7866481,5.95%, 12/6/2025  6/11/2024   4,650    4,597 
 2,238   7867323,5.16%, 12/6/2025  6/11/2024   2,085    2,101 
 16,808   7867036,5.94%, 12/6/2025  6/11/2024   15,604    15,492 
 2,545   7866426,4.55%, 12/6/2025  6/11/2024   2,389    2,353 
 1,096   7867303,5.69%, 12/6/2025  6/11/2024   1,006    1,007 
 5,599   7868257,4.59%, 12/6/2025  6/11/2024   5,259    5,358 
 14,540   7866781,4.90%, 12/6/2025  6/11/2024   13,568    13,763 
 5,454   7869898,4.59%, 12/6/2025  6/11/2024   5,110    5,217 
 636   7868699,4.63%, 12/6/2025  6/11/2024   597    608 
 4,416   7867515,4.59%, 12/6/2025  6/11/2024   4,150    4,226 
 7,471   7867397,4.59%, 12/6/2025  6/11/2024   7,012    7,146 
 28,941   7867950,4.59%, 12/6/2025  6/11/2024   27,244    27,704 
 117   7870239,4.52%, 12/6/2025  6/11/2024   107    82 
 1,504   7868896,6.26%, 12/6/2025  6/11/2024   1,383    1,370 
 649   7870249,5.27%, 12/6/2025  6/11/2024   601    586 
 60,325   7869341,5.51%, 12/6/2025  6/11/2024   55,939    55,925 
 1,875   7868881,4.91%, 12/6/2025  6/11/2024   1,753    1,775 
 23,473   7872476,4.59%, 12/7/2025  6/12/2024   22,073    22,461 
 7,117   7871220,5.70%, 12/7/2025  6/12/2024   6,609    6,584 
 2,441   7872330,4.89%, 12/7/2025  6/12/2024   2,287    2,314 
 11,435   7872994,4.59%, 12/7/2025  6/12/2024   10,744    10,942 
 1,032   7872466,6.06%, 12/7/2025  6/12/2024   947    940 
 16,048   7872358,4.90%, 12/7/2025  6/12/2024   15,000    15,195 
 1,874   7872318,4.56%, 12/7/2025  6/12/2024   1,757    1,726 
 28,548   7870464,5.15%, 12/7/2025  6/12/2024   26,599    26,800 
 6,948   7873728,5.94%, 12/7/2025  6/12/2024   6,456    6,407 
 2,612   7871979,5.95%, 12/7/2025  6/12/2024   2,417    2,404 
 416   7873196,4.53%, 12/7/2025  6/12/2024   393    385 
 5,308   7873121,4.90%, 12/7/2025  6/12/2024   4,959    5,023 
 57,323   7873201,4.59%, 12/7/2025  6/12/2024   53,692    54,795 
 16,484   7871405,4.59%, 12/7/2025  6/12/2024   15,499    15,776 
 6,007   7870302,4.56%, 12/7/2025  6/12/2024   5,654    5,549 
 9,995   7872902,4.56%, 12/7/2025  6/12/2024   9,444    9,260 
 4,360   7873085,4.59%, 12/7/2025  6/12/2024   4,096    4,170 
 14,504   7870855,4.59%, 12/7/2025  6/12/2024   13,604    13,869 

 

See Notes to Financial Statements. 
226(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$32,386   7871562,5.70%, 12/7/2025  6/12/2024  $29,994   $29,919 
 3,721   7870381,6.07%, 12/7/2025  6/12/2024   3,431    3,401 
 5,009   7872269,5.95%, 12/7/2025  6/12/2024   4,614    4,597 
 2,967   7871358,5.51%, 12/7/2025  6/12/2024   2,747    2,749 
 36,188   7872004,5.15%, 12/7/2025  6/12/2024   33,689    33,956 
 25,005   7872654,4.59%, 12/7/2025  6/12/2024   23,420    23,906 
 4,058   7870408,5.34%, 12/7/2025  6/12/2024   3,776    3,788 
 4,325   7872869,5.52%, 12/7/2025  6/12/2024   4,015    4,013 
 24,826   7873803,4.59%, 12/7/2025  6/12/2024   23,293    23,747 
 7,687   7874436,5.15%, 12/8/2025  6/13/2024   7,165    7,216 
 2,736   7874006,4.57%, 12/8/2025  6/13/2024   2,563    2,527 
 23,755   7874727,5.52%, 12/8/2025  6/13/2024   21,970    22,010 
 7,062   7874023,4.90%, 12/8/2025  6/13/2024   6,591    6,682 
 8,776   7874216,4.59%, 12/8/2025  6/13/2024   8,228    8,394 
 20,138   7874873,5.15%, 12/8/2025  6/13/2024   18,681    18,875 
 1,166   7874617,5.26%, 12/8/2025  6/13/2024   1,085    1,071 
 4,354   7874408,5.51%, 12/8/2025  6/13/2024   4,051    4,045 
 3,780   7874504,6.07%, 12/8/2025  6/13/2024   3,498    3,463 
 800   7874652,4.59%, 12/8/2025  6/13/2024   750    765 
 19,575   7874256,4.59%, 12/8/2025  6/13/2024   18,372    18,726 
 19,459   7874068,4.59%, 12/8/2025  6/13/2024   18,260    18,614 
 1,043   7874610,4.56%, 12/8/2025  6/13/2024   981    964 
 9,532   7874524,5.70%, 12/8/2025  6/13/2024   8,817    8,804 
 2,590   7874628,4.91%, 12/8/2025  6/13/2024   2,423    2,453 
 9,968   7874661,4.90%, 12/8/2025  6/13/2024   9,298    9,435 
 5,021   7873955,5.33%, 12/8/2025  6/13/2024   4,666    4,685 
 1,902   7875141,5.92%, 12/9/2025  6/13/2024   1,733    1,730 
 10,222   7875159,5.14%, 12/9/2025  6/13/2024   9,534    9,598 
 24,050   7875594,5.32%, 12/9/2025  6/13/2024   22,436    22,480 
 3,049   7875575,5.51%, 12/9/2025  6/13/2024   2,819    2,823 
 3,789   7875830,5.33%, 12/9/2025  6/13/2024   3,507    3,529 
 6,521   7875361,4.58%, 12/9/2025  6/13/2024   6,122    6,239 
 5,874   7875089,4.58%, 12/9/2025  6/13/2024   5,509    5,614 
 7,226   7875748,5.51%, 12/9/2025  6/13/2024   6,689    6,687 
 1,605   7875048,5.22%, 12/9/2025  6/13/2024   1,508    1,482 
 2,878   7875223,5.13%, 12/9/2025  6/13/2024   2,683    2,704 
 3,995   7875796,6.24%, 12/9/2025  6/13/2024   3,686    3,643 
 6,462   7875323,5.69%, 12/9/2025  6/13/2024   5,973    5,969 
 6,964   7875522,4.89%, 12/9/2025  6/13/2024   6,506    6,593 
 5,797   7875012,5.94%, 12/9/2025  6/13/2024   5,354    5,323 
 6,288   7875457,5.51%, 12/9/2025  6/13/2024   5,797    5,807 
 4,362   7875286,4.58%, 12/9/2025  6/13/2024   4,107    4,176 
 406   7875315,4.52%, 12/9/2025  6/13/2024   377    366 
 3,148   7875057,5.32%, 12/9/2025  6/13/2024   2,937    2,941 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024227

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,380   7875409,5.50%, 12/9/2025  6/13/2024  $5,912   $5,913 
 5,888   7875237,5.69%, 12/9/2025  6/13/2024   5,421    5,408 
 5,821   7879362,4.57%, 12/10/2025  6/13/2024   5,466    5,567 
 7,934   7876200,4.57%, 12/10/2025  6/13/2024   7,433    7,588 
 3,089   7877133,5.50%, 12/10/2025  6/13/2024   2,846    2,839 
 1,284   7877390,5.91%, 12/10/2025  6/13/2024   1,184    1,179 
 21,771   7875991,4.57%, 12/10/2025  6/13/2024   20,434    20,827 
 8,875   7877394,4.57%, 12/10/2025  6/13/2024   8,323    8,486 
 1,350   7878083,5.69%, 12/10/2025  6/13/2024   1,255    1,250 
 12,693   7878123,5.92%, 12/10/2025  6/13/2024   11,682    11,597 
 10,637   7878296,5.68%, 12/10/2025  6/13/2024   9,793    9,796 
 17,136   7878662,5.92%, 12/10/2025  6/13/2024   15,692    15,654 
 948   7879114,5.19%, 12/10/2025  6/13/2024   888    874 
 1,622   7879441,5.68%, 12/10/2025  6/13/2024   1,503    1,498 
 972   7877160,5.95%, 12/10/2025  6/13/2024   891    889 
 33,346   7876459,5.68%, 12/10/2025  6/13/2024   30,835    30,772 
 3,647   7878026,5.13%, 12/10/2025  6/13/2024   3,390    3,419 
 5,965   7877979,4.54%, 12/10/2025  6/13/2024   5,588    5,481 
 52,469   7877472,5.92%, 12/10/2025  6/13/2024   48,249    47,956 
 18,099   7877169,6.04%, 12/10/2025  6/13/2024   16,529    16,496 
 477   7876370,4.51%, 12/10/2025  6/13/2024   445    429 
 26,867   7878404,4.88%, 12/10/2025  6/13/2024   25,112    25,453 
 22,603   7878909,4.57%, 12/10/2025  6/13/2024   21,180    21,605 
 4,118   7876389,6.04%, 12/10/2025  6/13/2024   3,821    3,777 
 25,330   7879120,4.57%, 12/10/2025  6/13/2024   23,794    24,237 
 42,052   7879443,5.92%, 12/10/2025  6/13/2024   38,746    38,635 
 3,077   7878880,5.69%, 12/10/2025  6/13/2024   2,844    2,839 
 1,594   7878097,5.51%, 12/10/2025  6/13/2024   1,476    1,476 
 9,949   7877025,5.49%, 12/10/2025  6/13/2024   9,224    9,217 
 4,396   7880573,5.68%, 12/11/2025  6/14/2024   4,058    4,055 
 2,135   7880685,5.21%, 12/11/2025  6/14/2024   1,981    1,947 
 42,010   7883415,4.88%, 12/11/2025  6/14/2024   39,179    39,761 
 2,821   7882955,5.67%, 12/11/2025  6/14/2024   2,604    2,603 
 5,590   7882737,4.55%, 12/11/2025  6/14/2024   5,273    5,177 
 1,685   7879829,5.94%, 12/11/2025  6/14/2024   1,544    1,534 
 7,021   7881012,4.57%, 12/11/2025  6/14/2024   6,603    6,719 
 34,595   7879862,5.68%, 12/11/2025  6/14/2024   31,926    31,935 
 12,897   7883100,5.92%, 12/11/2025  6/14/2024   11,895    11,848 
 6,609   7883337,4.57%, 12/11/2025  6/14/2024   6,208    6,320 
 2,297   7883041,6.23%, 12/11/2025  6/14/2024   2,103    2,085 
 5,137   7882690,5.50%, 12/11/2025  6/14/2024   4,760    4,763 
 3,902   7882927,5.31%, 12/11/2025  6/14/2024   3,613    3,634 
 71,231   7882133,5.49%, 12/11/2025  6/14/2024   65,947    66,004 
 7,890   7883223,4.57%, 12/11/2025  6/14/2024   7,379    7,516 

 

See Notes to Financial Statements. 
228(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$55,623   7881105,4.88%, 12/11/2025  6/14/2024  $51,986   $52,677 
 7,584   7882863,5.31%, 12/11/2025  6/14/2024   7,050    7,077 
 7,748   7882798,5.13%, 12/11/2025  6/14/2024   7,219    7,274 
 2,863   7883062,4.54%, 12/11/2025  6/14/2024   2,690    2,638 
 1,964   7880516,4.54%, 12/11/2025  6/14/2024   1,851    1,817 
 6,627   7880746,5.49%, 12/11/2025  6/14/2024   6,156    6,140 
 53,692   7881635,4.88%, 12/11/2025  6/14/2024   50,149    50,820 
 2,341   7883000,5.31%, 12/11/2025  6/14/2024   2,169    2,178 
 9,035   7880874,5.31%, 12/11/2025  6/14/2024   8,380    8,423 
 5,726   7882653,6.04%, 12/11/2025  6/14/2024   5,304    5,247 
 1,619   7883631,4.57%, 12/12/2025  6/17/2024   1,518    1,548 
 754   7885408,4.56%, 12/12/2025  6/17/2024   708    721 
 5,225   7884083,4.88%, 12/12/2025  6/17/2024   4,866    4,943 
 15,622   7885282,4.88%, 12/12/2025  6/17/2024   14,568    14,789 
 55,238   7885416,4.57%, 12/12/2025  6/17/2024   51,757    52,813 
 2,426   7885161,4.57%, 12/12/2025  6/17/2024   2,280    2,321 
 7,552   7884224,5.68%, 12/12/2025  6/17/2024   6,942    6,956 
 1,366   7883548,5.90%, 12/12/2025  6/17/2024   1,252    1,255 
 1,504   7884204,4.52%, 12/12/2025  6/17/2024   1,418    1,393 
 12,239   7883657,4.57%, 12/12/2025  6/17/2024   11,463    11,704 
 24,765   7884434,4.57%, 12/12/2025  6/17/2024   23,211    23,682 
 2,153   7883792,6.23%, 12/12/2025  6/17/2024   1,962    1,924 
 9,290   7885065,5.68%, 12/12/2025  6/17/2024   8,636    8,602 
 30,241   7886483,5.68%, 12/12/2025  6/17/2024   27,947    27,923 
 7,321   7885192,4.54%, 12/12/2025  6/17/2024   6,836    6,742 
 54,457   7885913,4.54%, 12/12/2025  6/17/2024   51,098    50,284 
 3,616   7886801,4.54%, 12/12/2025  6/17/2024   3,409    3,349 
 9,592   7883849,5.13%, 12/12/2025  6/17/2024   8,928    9,003 
 2,886   7883823,5.23%, 12/12/2025  6/17/2024   2,705    2,662 
 5,555   7883561,5.13%, 12/12/2025  6/17/2024   5,166    5,212 
 5,375   7883447,4.57%, 12/12/2025  6/17/2024   5,038    5,140 
 34,101   7886885,5.49%, 12/12/2025  6/17/2024   31,608    31,616 
 5,222   7884966,4.88%, 12/12/2025  6/17/2024   4,880    4,947 
 2,450   7885019,5.68%, 12/12/2025  6/17/2024   2,251    2,257 
 16,405   7884783,4.88%, 12/12/2025  6/17/2024   15,327    15,540 
 2,155   7886776,5.92%, 12/12/2025  6/17/2024   1,985    1,980 
 12,852   7883963,5.22%, 12/12/2025  6/17/2024   12,018    11,864 
 10,167   7892733,5.52%, 12/13/2025  6/18/2024   9,435    9,433 
 6,628   7891029,5.15%, 12/13/2025  6/18/2024   6,173    6,220 
 1,707   7889800,5.94%, 12/13/2025  6/18/2024   1,570    1,568 
 10,879   7891628,4.59%, 12/13/2025  6/18/2024   10,196    10,398 
 2,797   7891386,6.24%, 12/13/2025  6/18/2024   2,557    2,536 
 22,701   7889980,4.59%, 12/13/2025  6/18/2024   21,267    21,705 
 13,191   7892591,5.94%, 12/13/2025  6/18/2024   12,103    12,061 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024229

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$7,131   7889299,4.59%, 12/13/2025  6/18/2024  $6,674   $6,818 
 2,365   7891175,4.57%, 12/13/2025  6/18/2024   2,213    2,179 
 14,031   7891221,4.56%, 12/13/2025  6/18/2024   13,175    12,968 
 2,372   7892858,6.08%, 12/13/2025  6/18/2024   2,192    2,172 
 25,896   7891412,4.90%, 12/13/2025  6/18/2024   24,199    24,530 
 86,282   7891835,4.59%, 12/13/2025  6/18/2024   80,859    82,492 
 10,514   7892881,6.25%, 12/13/2025  6/18/2024   9,602    9,528 
 40,434   7890506,4.59%, 12/13/2025  6/18/2024   37,870    38,663 
 2,341   7889238,6.24%, 12/13/2025  6/18/2024   2,149    2,131 
 7,799   7893014,4.59%, 12/13/2025  6/18/2024   7,296    7,456 
 1,588   7891730,5.31%, 12/13/2025  6/18/2024   1,470    1,480 
 4,653   7889622,5.95%, 12/13/2025  6/18/2024   4,297    4,281 
 8,033   7891739,5.94%, 12/13/2025  6/18/2024   7,434    7,398 
 7,319   7889701,4.59%, 12/13/2025  6/18/2024   6,861    6,997 
 12,055   7889443,5.15%, 12/13/2025  6/18/2024   11,219    11,318 
 9,978   7891113,5.94%, 12/13/2025  6/18/2024   9,202    9,174 
 6,405   7889820,4.59%, 12/13/2025  6/18/2024   5,979    6,113 
 5,782   7890415,6.07%, 12/13/2025  6/18/2024   5,312    5,271 
 1,172   7896320,4.58%, 12/14/2025  6/20/2024   1,097    1,079 
 2,243   7895198,6.06%, 12/14/2025  6/20/2024   2,057    2,047 
 9,290   7894461,4.59%, 12/14/2025  6/20/2024   8,712    8,885 
 12,586   7893177,4.59%, 12/14/2025  6/20/2024   11,787    12,032 
 3,410   7896156,4.57%, 12/14/2025  6/20/2024   3,212    3,161 
 33,835   7896327,4.90%, 12/14/2025  6/20/2024   31,647    32,052 
 73,865   7895303,4.59%, 12/14/2025  6/20/2024   69,106    70,616 
 18,662   7895905,5.15%, 12/14/2025  6/20/2024   17,309    17,498 
 13,300   7894141,5.94%, 12/14/2025  6/20/2024   12,226    12,178 
 4,805   7895809,5.95%, 12/14/2025  6/20/2024   4,434    4,398 
 3,628   7893907,4.59%, 12/14/2025  6/20/2024   3,393    3,467 
 4,835   7893086,5.70%, 12/14/2025  6/20/2024   4,485    4,474 
 3,181   7896655,6.26%, 12/14/2025  6/20/2024   2,912    2,898 
 12,902   7894595,5.15%, 12/14/2025  6/20/2024   11,973    12,105 
 34,422   7894744,4.59%, 12/14/2025  6/20/2024   32,325    32,923 
 9,210   7895220,5.15%, 12/14/2025  6/20/2024   8,583    8,650 
 324   7895295,5.66%, 12/14/2025  6/20/2024   299    298 
 2,950   7895882,5.51%, 12/14/2025  6/20/2024   2,731    2,734 
 4,504   7896096,5.69%, 12/14/2025  6/20/2024   4,161    4,155 
 15,420   7896174,4.90%, 12/14/2025  6/20/2024   14,392    14,595 
 29,168   7895035,5.33%, 12/14/2025  6/20/2024   27,051    27,198 
 8,811   7894346,5.15%, 12/14/2025  6/20/2024   8,214    8,277 
 4,193   7895847,4.58%, 12/14/2025  6/20/2024   3,927    4,008 
 1,744   7895296,4.54%, 12/14/2025  6/20/2024   1,645    1,618 
 11,932   7893994,5.15%, 12/14/2025  6/20/2024   11,108    11,200 
 1,530   7895279,5.70%, 12/14/2025  6/20/2024   1,414    1,411 

 

See Notes to Financial Statements. 
230(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$8,076   7893458,5.24%, 12/14/2025  6/20/2024  $7,470   $7,399 
 11,885   7893612,4.59%, 12/14/2025  6/20/2024   11,132    11,363 
 10,847   7899053,4.60%, 12/15/2025  6/21/2024   10,169    10,372 
 3,434   7898788,4.61%, 12/15/2025  6/21/2024   3,217    3,281 
 5,581   7898691,4.60%, 12/15/2025  6/21/2024   5,234    5,337 
 14,462   7899366,5.16%, 12/15/2025  6/21/2024   13,447    13,570 
 3,256   7898773,4.58%, 12/15/2025  6/21/2024   3,060    3,013 
 27,590   7899456,4.91%, 12/15/2025  6/21/2024   25,738    26,114 
 9,501   7898983,5.71%, 12/15/2025  6/21/2024   8,737    8,746 
 2,752   7899634,4.60%, 12/15/2025  6/21/2024   2,580    2,631 
 14,175   7898814,5.96%, 12/15/2025  6/21/2024   13,017    12,994 
 6,533   7898744,4.60%, 12/15/2025  6/21/2024   6,111    6,242 
 1,121   7898734,4.59%, 12/15/2025  6/21/2024   1,050    1,034 
 15,205   7899126,5.53%, 12/15/2025  6/21/2024   14,044    14,080 
 3,461   7898959,5.52%, 12/15/2025  6/21/2024   3,199    3,207 
 8,257   7898898,5.16%, 12/15/2025  6/21/2024   7,646    7,745 
 1,065   7899630,4.91%, 12/15/2025  6/21/2024   991    1,006 
 29,026   7899649,4.60%, 12/15/2025  6/21/2024   27,216    27,754 
 4,035   7899329,5.95%, 12/15/2025  6/21/2024   3,703    3,701 
 12,824   7899221,5.95%, 12/15/2025  6/21/2024   11,703    11,760 
 13,015   7899906,4.90%, 12/16/2025  6/21/2024   12,130    12,308 
 34,375   7900298,4.59%, 12/16/2025  6/21/2024   32,212    32,867 
 1,615   7899891,5.33%, 12/16/2025  6/21/2024   1,495    1,505 
 12,912   7900597,5.95%, 12/16/2025  6/21/2024   11,927    11,884 
 2,244   7900572,5.70%, 12/16/2025  6/21/2024   2,058    2,049 
 3,379   7900131,4.59%, 12/16/2025  6/21/2024   3,170    3,232 
 1,998   7899858,4.89%, 12/16/2025  6/21/2024   1,864    1,891 
 5,472   7899818,4.59%, 12/16/2025  6/21/2024   5,124    5,231 
 22,789   7899995,5.33%, 12/16/2025  6/21/2024   21,115    21,257 
 16,028   7900166,5.70%, 12/16/2025  6/21/2024   14,770    14,782 
 2,174   7899868,5.32%, 12/16/2025  6/21/2024   2,012    2,026 
 1,027   7900541,4.53%, 12/16/2025  6/21/2024   964    950 
 1,608   7900559,4.55%, 12/16/2025  6/21/2024   1,508    1,484 
 812   7900160,5.68%, 12/16/2025  6/21/2024   748    747 
 1,425   7900550,4.57%, 12/16/2025  6/21/2024   1,340    1,321 
 94,578   7903080,4.89%, 12/17/2025  6/21/2024   88,206    89,511 
 34,527   7901857,4.89%, 12/17/2025  6/21/2024   32,154    32,678 
 1,069   7902246,4.58%, 12/17/2025  6/21/2024   1,003    988 
 2,862   7902479,5.93%, 12/17/2025  6/21/2024   2,635    2,615 
 863   7902492,4.55%, 12/17/2025  6/21/2024   814    801 
 37,135   7900891,5.32%, 12/17/2025  6/21/2024   34,268    34,617 
 1,970   7902594,6.25%, 12/17/2025  6/21/2024   1,797    1,788 
 1,185   7902618,5.94%, 12/17/2025  6/21/2024   1,088    1,085 
 2,477   7901705,5.24%, 12/17/2025  6/21/2024   2,296    2,254 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024231

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$43,117   7902803,5.14%, 12/17/2025  6/21/2024  $40,041   $40,415 
 21,123   7902636,5.32%, 12/17/2025  6/21/2024   19,651    19,729 
 6,236   7902157,5.93%, 12/17/2025  6/21/2024   5,759    5,718 
 9,098   7901757,5.69%, 12/17/2025  6/21/2024   8,402    8,401 
 2,993   7902554,4.58%, 12/17/2025  6/21/2024   2,806    2,860 
 3,565   7902790,4.54%, 12/17/2025  6/21/2024   3,360    3,308 
 1,770   7903847,5.91%, 12/17/2025  6/21/2024   1,635    1,623 
 2,126   7902253,5.69%, 12/17/2025  6/21/2024   1,957    1,959 
 2,377   7902493,5.92%, 12/17/2025  6/21/2024   2,185    2,182 
 31,554   7903925,4.58%, 12/17/2025  6/21/2024   29,580    30,174 
 17,890   7901551,4.89%, 12/17/2025  6/21/2024   16,689    16,934 
 273   7901703,4.58%, 12/17/2025  6/21/2024   256    261 
 561   7901741,5.57%, 12/17/2025  6/21/2024   519    520 
 6,131   7904195,5.50%, 12/17/2025  6/21/2024   5,671    5,681 
 9,191   7902431,5.93%, 12/17/2025  6/21/2024   8,449    8,439 
 1,209   7903067,5.53%, 12/17/2025  6/21/2024   1,122    1,122 
 13,039   7902499,4.58%, 12/17/2025  6/21/2024   12,218    12,466 
 16,769   7902308,5.93%, 12/17/2025  6/21/2024   15,413    15,387 
 4,438   7902280,4.58%, 12/17/2025  6/21/2024   4,160    4,242 
 17,049   7900726,5.69%, 12/17/2025  6/21/2024   15,729    15,728 
 3,549   7902204,5.68%, 12/17/2025  6/21/2024   3,278    3,278 
 2,472   7903889,4.89%, 12/17/2025  6/21/2024   2,306    2,340 
 4,310   7905599,5.14%, 12/18/2025  6/24/2024   4,002    4,043 
 1,103   7905587,4.58%, 12/18/2025  6/24/2024   1,033    1,054 
 1,570   7907308,5.92%, 12/18/2025  6/24/2024   1,442    1,441 
 1,808   7904581,5.14%, 12/18/2025  6/24/2024   1,683    1,698 
 18,243   7904705,5.32%, 12/18/2025  6/24/2024   16,896    17,014 
 3,495   7904945,5.93%, 12/18/2025  6/24/2024   3,213    3,211 
 24,009   7906984,5.14%, 12/18/2025  6/24/2024   22,324    22,528 
 7,616   7905793,5.13%, 12/18/2025  6/24/2024   7,077    7,147 
 850   7905621,4.57%, 12/18/2025  6/24/2024   797    786 
 62,524   7906337,4.89%, 12/18/2025  6/24/2024   58,270    59,174 
 8,261   7905441,5.69%, 12/18/2025  6/24/2024   7,616    7,625 
 12,055   7906224,4.58%, 12/18/2025  6/24/2024   11,292    11,523 
 99,762   7907325,4.58%, 12/18/2025  6/24/2024   93,496    95,371 
 2,857   7906306,6.25%, 12/18/2025  6/24/2024   2,604    2,598 
 568   7904984,4.58%, 12/18/2025  6/24/2024   535    527 
 2,639   7905707,5.92%, 12/18/2025  6/24/2024   2,400    2,395 
 15,383   7906831,5.32%, 12/18/2025  6/24/2024   14,304    14,366 
 4,279   7907266,4.58%, 12/18/2025  6/24/2024   4,006    4,089 
 8,685   7904496,5.93%, 12/18/2025  6/24/2024   8,017    7,992 
 17,243   7904292,5.32%, 12/18/2025  6/24/2024   15,970    16,080 
 4,380   7905628,4.58%, 12/18/2025  6/24/2024   4,097    4,186 
 4,542   7906939,5.94%, 12/18/2025  6/24/2024   4,179    4,154 

 

See Notes to Financial Statements. 
232(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,603   7905745,4.58%, 12/18/2025  6/24/2024  $6,177   $6,311 
 4,439   7905390,6.06%, 12/18/2025  6/24/2024   4,091    4,063 
 2,012   7906792,5.93%, 12/18/2025  6/24/2024   1,841    1,842 
 9,049   7904597,5.14%, 12/18/2025  6/24/2024   8,387    8,480 
 25,393   7904993,4.89%, 12/18/2025  6/24/2024   23,658    24,028 
 43,579   7905870,4.58%, 12/18/2025  6/24/2024   40,822    41,658 
 11,963   7910547,4.60%, 12/19/2025  6/25/2024   11,198    11,428 
 1,666   7911056,5.95%, 12/19/2025  6/25/2024   1,534    1,526 
 1,299   7910503,4.58%, 12/19/2025  6/25/2024   1,213    1,170 
 11,043   7910959,4.57%, 12/19/2025  6/25/2024   10,346    10,203 
 681   7911049,4.54%, 12/19/2025  6/25/2024   641    632 
 2,293   7910397,5.16%, 12/19/2025  6/25/2024   2,133    2,152 
 56,340   7910624,5.16%, 12/19/2025  6/25/2024   52,369    52,859 
 4,118   7910377,5.16%, 12/19/2025  6/25/2024   3,829    3,865 
 6,200   7910068,4.57%, 12/19/2025  6/25/2024   5,787    5,719 
 3,166   7909854,4.56%, 12/19/2025  6/25/2024   2,957    2,921 
 1,025   7910372,6.28%, 12/19/2025  6/25/2024   939    934 
 9,029   7910453,4.60%, 12/19/2025  6/25/2024   8,452    8,629 
 2,198   7910410,4.60%, 12/19/2025  6/25/2024   2,054    2,099 
 4,081   7910609,4.61%, 12/19/2025  6/25/2024   3,824    3,901 
 4,105   7910897,4.60%, 12/19/2025  6/25/2024   3,843    3,922 
 11,762   7909915,5.25%, 12/19/2025  6/25/2024   10,899    10,763 
 9,104   7910104,4.60%, 12/19/2025  6/25/2024   8,525    8,700 
 5,154   7910932,4.60%, 12/19/2025  6/25/2024   4,826    4,927 
 26,064   7910149,5.71%, 12/19/2025  6/25/2024   23,960    24,037 
 1,071   7910426,5.97%, 12/19/2025  6/25/2024   979    979 
 2,598   7910435,5.96%, 12/19/2025  6/25/2024   2,379    2,360 
 4,829   7911033,6.26%, 12/19/2025  6/25/2024   4,414    4,393 
 4,857   7909890,5.16%, 12/19/2025  6/25/2024   4,515    4,557 
 4,173   7910347,4.61%, 12/19/2025  6/25/2024   3,909    3,989 
 2,517   7910921,5.14%, 12/19/2025  6/25/2024   2,342    2,363 
 5,246   7911061,4.57%, 12/19/2025  6/25/2024   4,931    4,864 
 2,061   7909987,5.95%, 12/19/2025  6/25/2024   1,899    1,896 
 7,242   7911001,5.16%, 12/19/2025  6/25/2024   6,721    6,784 
 5,378   7911084,5.34%, 12/19/2025  6/25/2024   4,981    5,009 
 7,443   7911113,5.16%, 12/19/2025  6/25/2024   6,926    6,988 
 7,643   7910509,4.60%, 12/19/2025  6/25/2024   7,146    7,303 
 7,510   7910005,5.34%, 12/19/2025  6/25/2024   6,913    6,996 
 23,034   7913293,6.07%, 12/20/2025  6/25/2024   21,129    21,031 
 12,204   7914611,5.70%, 12/20/2025  6/25/2024   11,258    11,264 
 15,218   7911215,4.90%, 12/20/2025  6/25/2024   14,180    14,396 
 8,730   7914432,5.94%, 12/20/2025  6/25/2024   8,022    7,982 
 82,367   7913744,4.90%, 12/20/2025  6/25/2024   76,876    77,978 
 12,211   7913054,4.59%, 12/20/2025  6/25/2024   11,428    11,668 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024233

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$6,812   7912990,4.59%, 12/20/2025  6/25/2024  $6,379   $6,510 
 2,744   7911629,5.93%, 12/20/2025  6/25/2024   2,530    2,517 
 1,697   7913250,6.08%, 12/20/2025  6/25/2024   1,559    1,552 
 893   7911788,5.93%, 12/20/2025  6/25/2024   822    819 
 6,849   7913180,5.70%, 12/20/2025  6/25/2024   6,323    6,325 
 1,717   7912495,6.27%, 12/20/2025  6/25/2024   1,573    1,566 
 2,395   7913270,6.26%, 12/20/2025  6/25/2024   2,195    2,183 
 2,032   7911613,6.08%, 12/20/2025  6/25/2024   1,868    1,858 
 16,880   7911315,4.90%, 12/20/2025  6/25/2024   15,737    15,974 
 4,567   7914551,5.33%, 12/20/2025  6/25/2024   4,238    4,261 
 12,541   7913545,4.59%, 12/20/2025  6/25/2024   11,748    11,990 
 3,355   7912944,5.15%, 12/20/2025  6/25/2024   3,117    3,148 
 4,654   7913717,5.94%, 12/20/2025  6/25/2024   4,279    4,260 
 11,220   7912041,5.70%, 12/20/2025  6/25/2024   10,343    10,353 
 1,659   7911739,5.23%, 12/20/2025  6/25/2024   1,537    1,524 
 3,559   7911666,5.71%, 12/20/2025  6/25/2024   3,282    3,283 
 9,065   7914507,5.70%, 12/20/2025  6/25/2024   8,369    8,376 
 6,166   7912356,4.59%, 12/20/2025  6/25/2024   5,765    5,890 
 4,919   7913521,4.90%, 12/20/2025  6/25/2024   4,590    4,657 
 6,879   7914798,5.95%, 12/20/2025  6/25/2024   6,337    6,326 
 8,646   7911805,4.59%, 12/20/2025  6/25/2024   8,095    8,262 
 19,523   7913606,5.94%, 12/20/2025  6/25/2024   17,927    17,907 
 4,486   7912222,5.70%, 12/20/2025  6/25/2024   4,136    4,138 
 281   7912283,4.59%, 12/20/2025  6/25/2024   264    260 
 34,992   7912518,4.90%, 12/20/2025  6/25/2024   32,559    33,082 
 2,190   7912289,4.58%, 12/20/2025  6/25/2024   2,052    2,094 
 1,829   7912335,6.24%, 12/20/2025  6/25/2024   1,675    1,667 
 12,808   7915167,5.33%, 12/21/2025  6/26/2024   11,861    11,941 
 2,426   7918139,6.07%, 12/21/2025  6/26/2024   2,226    2,215 
 22,335   7917963,4.59%, 12/21/2025  6/26/2024   20,913    21,345 
 6,421   7916022,4.59%, 12/21/2025  6/26/2024   6,010    6,137 
 35,896   7917352,5.15%, 12/21/2025  6/26/2024   33,328    33,659 
 40,094   7915418,4.59%, 12/21/2025  6/26/2024   37,505    38,300 
 7,644   7917280,5.70%, 12/21/2025  6/26/2024   7,053    7,058 
 15,597   7914902,6.07%, 12/21/2025  6/26/2024   14,328    14,264 
 2,390   7918343,6.24%, 12/21/2025  6/26/2024   2,188    2,179 
 17,267   7916584,4.59%, 12/21/2025  6/26/2024   16,180    16,507 
 3,086   7916554,6.25%, 12/21/2025  6/26/2024   2,813    2,802 
 556   7916013,6.31%, 12/21/2025  6/26/2024   507    505 
 57,136   7916109,5.15%, 12/21/2025  6/26/2024   53,077    53,611 
 2,492   7918122,5.94%, 12/21/2025  6/26/2024   2,286    2,277 
 8,506   7918282,5.15%, 12/21/2025  6/26/2024   7,906    7,981 
 2,813   7918356,5.70%, 12/21/2025  6/26/2024   2,592    2,594 
 43,233   7917655,4.59%, 12/21/2025  6/26/2024   40,458    41,300 

 

See Notes to Financial Statements. 
234(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$13,621   7918157,4.59%, 12/21/2025  6/26/2024  $12,755   $13,016 
 18,360   7916695,5.52%, 12/21/2025  6/26/2024   16,948    16,983 
 111,254   7918380,4.59%, 12/21/2025  6/26/2024   55,610    98,472 
 19,034   7919437,5.94%, 12/22/2025  6/27/2024   17,448    17,465 
 2,557   7919114,5.95%, 12/22/2025  6/27/2024   2,348    2,337 
 7,811   7918914,4.59%, 12/22/2025  6/27/2024   7,301    7,463 
 3,696   7919279,5.71%, 12/22/2025  6/27/2024   3,408    3,411 
 3,460   7919756,5.95%, 12/22/2025  6/27/2024   3,174    3,166 
 8,815   7919359,6.07%, 12/22/2025  6/27/2024   8,074    8,046 
 5,491   7918870,4.60%, 12/22/2025  6/27/2024   5,142    5,248 
 1,212   7919070,4.57%, 12/22/2025  6/27/2024   1,134    1,117 
 10,787   7918955,4.59%, 12/22/2025  6/27/2024   10,100    10,308 
 3,901   7919056,5.52%, 12/22/2025  6/27/2024   3,597    3,614 
 4,882   7919151,6.06%, 12/22/2025  6/27/2024   4,479    4,461 
 7,892   7919225,5.52%, 12/22/2025  6/27/2024   7,298    7,315 
 3,785   7919035,6.26%, 12/22/2025  6/27/2024   3,459    3,450 
 5,062   7919086,5.33%, 12/22/2025  6/27/2024   4,677    4,711 
 15,566   7919784,6.07%, 12/22/2025  6/27/2024   14,254    14,220 
 5,760   7919307,5.94%, 12/22/2025  6/27/2024   5,298    5,293 
 1,423   7919134,4.54%, 12/22/2025  6/27/2024   1,334    1,318 
 5,941   7919178,4.59%, 12/22/2025  6/27/2024   5,565    5,679 
 7,181   7919942,4.58%, 12/23/2025  6/27/2024   6,717    6,859 
 16,614   7920294,5.69%, 12/23/2025  6/27/2024   15,254    15,331 
 8,132   7920692,4.58%, 12/23/2025  6/27/2024   7,615    7,772 
 18,071   7920440,4.89%, 12/23/2025  6/27/2024   16,852    17,104 
 9,774   7920608,4.58%, 12/23/2025  6/27/2024   9,128    9,333 
 7,901   7920010,5.14%, 12/23/2025  6/27/2024   7,338    7,409 
 2,305   7920268,5.93%, 12/23/2025  6/27/2024   2,120    2,119 
 5,413   7920103,5.13%, 12/23/2025  6/27/2024   5,026    5,076 
 4,452   7920230,5.69%, 12/23/2025  6/27/2024   4,107    4,111 
 5,828   7920176,4.89%, 12/23/2025  6/27/2024   5,434    5,515 
 17,681   7924339,5.13%, 12/24/2025  6/27/2024   16,433    16,591 
 2,845   7922651,4.89%, 12/24/2025  6/27/2024   2,653    2,693 
 3,445   7924190,6.04%, 12/24/2025  6/27/2024   3,162    3,148 
 17,603   7922311,5.92%, 12/24/2025  6/27/2024   16,148    16,123 
 3,943   7922566,4.57%, 12/24/2025  6/27/2024   3,690    3,768 
 969   7921088,5.90%, 12/24/2025  6/27/2024   891    890 
 2,508   7922528,6.22%, 12/24/2025  6/27/2024   2,294    2,285 
 12,276   7923062,5.92%, 12/24/2025  6/27/2024   11,258    11,252 
 2,917   7922814,5.12%, 12/24/2025  6/27/2024   2,707    2,736 
 2,677   7924306,5.12%, 12/24/2025  6/27/2024   2,488    2,512 
 9,791   7921799,5.68%, 12/24/2025  6/27/2024   9,011    9,027 
 3,903   7922844,6.05%, 12/24/2025  6/27/2024   3,571    3,561 
 1,250   7922264,5.24%, 12/24/2025  6/27/2024   1,162    1,151 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024235

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$766   7922249,4.58%, 12/24/2025  6/27/2024  $716   $706 
 3,594   7924559,4.88%, 12/24/2025  6/27/2024   3,353    3,403 
 21,874   7923305,4.57%, 12/24/2025  6/27/2024   20,480    20,904 
 561   7923625,6.04%, 12/24/2025  6/27/2024   514    511 
 2,254   7922286,4.88%, 12/24/2025  6/27/2024   2,101    2,132 
 33,682   7923672,4.88%, 12/24/2025  6/27/2024   31,384    31,863 
 1,261   7924545,4.54%, 12/24/2025  6/27/2024   1,183    1,167 
 2,881   7921664,5.13%, 12/24/2025  6/27/2024   2,677    2,703 
 3,722   7924289,6.24%, 12/24/2025  6/27/2024   3,411    3,396 
 2,195   7924176,4.54%, 12/24/2025  6/27/2024   2,055    2,029 
 2,674   7923640,4.54%, 12/24/2025  6/27/2024   2,508    2,477 
 4,042   7922772,4.58%, 12/24/2025  6/27/2024   3,783    3,863 
 7,874   7922672,5.92%, 12/24/2025  6/27/2024   7,245    7,239 
 6,304   7924208,4.88%, 12/24/2025  6/27/2024   5,874    5,963 
 2,052   7923032,5.91%, 12/24/2025  6/27/2024   1,888    1,880 
 2,606   7921348,5.94%, 12/24/2025  6/27/2024   2,399    2,388 
 1,740   7921058,5.11%, 12/24/2025  6/27/2024   1,618    1,634 
 13,253   7921095,4.57%, 12/24/2025  6/27/2024   12,388    12,656 
 1,984   7921070,5.13%, 12/24/2025  6/27/2024   1,843    1,862 
 10,439   7921393,4.57%, 12/24/2025  6/27/2024   9,767    9,975 
 3,960   7922605,4.87%, 12/24/2025  6/27/2024   3,691    3,748 
 778   7922866,4.56%, 12/24/2025  6/27/2024   728    743 
 992   7922639,6.07%, 12/24/2025  6/27/2024   906    901 
 4,046   7924501,4.54%, 12/24/2025  6/27/2024   3,781    3,731 
 5,605   7923221,4.88%, 12/24/2025  6/27/2024   5,219    5,299 
 17,904   7923972,6.23%, 12/24/2025  6/27/2024   16,390    16,319 
 15,295   7922873,4.88%, 12/24/2025  6/27/2024   14,260    14,476 
 22,587   7921984,5.92%, 12/24/2025  6/27/2024   20,730    20,727 
 2,484   7926696,6.04%, 12/25/2025  6/28/2024   2,268    2,259 
 3,262   7925266,6.04%, 12/25/2025  6/28/2024   2,992    2,980 
 1,673   7925839,4.55%, 12/25/2025  6/28/2024   1,563    1,542 
 1,591   7925487,4.56%, 12/25/2025  6/28/2024   1,488    1,468 
 2,910   7927888,4.55%, 12/25/2025  6/28/2024   2,721    2,688 
 4,569   7925280,5.92%, 12/25/2025  6/28/2024   4,200    4,183 
 5,605   7925348,5.49%, 12/25/2025  6/28/2024   5,183    5,198 
 42,439   7927201,5.13%, 12/25/2025  6/28/2024   39,403    39,799 
 3,034   7925172,4.57%, 12/25/2025  6/28/2024   2,837    2,899 
 8,991   7927548,5.13%, 12/25/2025  6/28/2024   8,347    8,431 
 1,388   7927582,5.91%, 12/25/2025  6/28/2024   1,274    1,269 
 38,634   7927595,5.92%, 12/25/2025  6/28/2024   35,442    35,431 
 35,542   7927987,4.88%, 12/25/2025  6/28/2024   33,096    33,604 
 63,132   7926150,5.92%, 12/25/2025  6/28/2024   57,962    57,943 
 19,211   7925878,5.13%, 12/25/2025  6/28/2024   17,817    18,025 
 862   7925533,5.90%, 12/25/2025  6/28/2024   790    788 

 

See Notes to Financial Statements. 
236(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Acquisition Date  Cost   Value 
SMALL BUSINESS LOANS (continued)
$5,632   7925183,4.88%, 12/25/2025  6/28/2024  $5,250   $5,330 
 29,352   7924604,4.57%, 12/25/2025  6/28/2024   27,460    28,044 
 18,302   7925545,4.57%, 12/25/2025  6/28/2024   17,127    17,491 
 5,278   7927940,4.54%, 12/25/2025  6/28/2024   4,939    4,879 
 2,441   7927908,4.53%, 12/25/2025  6/28/2024   2,279    2,231 
 9,656   7927487,5.13%, 12/25/2025  6/28/2024   8,963    9,054 
 1,620   7926128,6.06%, 12/25/2025  6/28/2024   1,485    1,480 
 73,649   7926704,4.57%, 12/25/2025  6/28/2024   68,921    70,365 
 5,153   7928317,5.13%, 12/25/2025  6/28/2024   4,788    4,836 
 2,329   7925860,5.14%, 12/25/2025  6/28/2024   2,160    2,185 
 2,214   7925460,4.53%, 12/25/2025  6/28/2024   2,077    2,052 
 19,401   7924926,4.88%, 12/25/2025  6/28/2024   18,039    18,322 
 2,485   7927468,5.14%, 12/25/2025  6/28/2024   2,309    2,332 
                   
TOTAL SMALL BUSINESS LOANS             
(Cost $64,990,790)           57,921,835 

 

Principal Amount/Description  Rate   Maturity  Value 
BUSINESS DEVELOPMENT COMPANY NOTES (0.96%) 
Financial (0.96%) 
$2,200,000   PennantPark Floating Rate Capital, Ltd.   4.25%  04/01/26  $2,071,499 
                   
TOTAL BUSINESS DEVELOPMENT COMPANY NOTES             
(Cost $2,196,090)           2,071,499 

 

Shares/Description           Value 
COMMON STOCKS (0.00%)
 38,618   Pershing Square Tontine Holdings(f)(g)           0 
 3,705   Riverbed Tech Class B-1 Partnership Units(g)           482 
                   
TOTAL COMMON STOCKS             
(Cost $–)           482 

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (10.74%)
$500,000   Apidos CLO XXIV(a)(h)  3M CME TERM SOFR + 6.06%  10/20/30  $496,909 
 500,000   Bain Capital Credit Clo 2019-3, Ltd.(a)(h)  3M CME TERM SOFR + 7.36%  10/21/34   487,526 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024237

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)
$500,000   Bain Capital Credit Clo 2019-4, Ltd.(a)(h)  3M SOFR + 3.63%  04/23/35  $499,954 
 500,000   Bain Capital Credit CLO 2021-2, Ltd.(a)(h)  3M CME TERM SOFR + 3.41%  07/16/34   502,103 
 500,000   Bain Capital Credit CLO 2022-3, Ltd.(a)(h)  3M SOFR + 7.35%  07/17/35   501,893 
 500,000   Barings CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.08%  10/15/30   502,429 
 500,000   Canyon Capital CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/15/31   495,435 
 500,000   Carlyle Global Market Strategies CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.76%  10/15/30   492,571 
 500,000   Carlyle Global Market Strategies CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.61%  05/15/31   483,859 
 1,000,000   Carlyle US CLO 2020-2, Ltd.(a)(h)  3M CME TERM SOFR + 6.96%  01/25/35   1,008,650 
 500,000   Carlyle US CLO 2021-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.26%  04/15/34   502,952 
 500,000   Carlyle US CLO 2023-3, Ltd.(a)(h)  3M CME TERM SOFR + 5.50%  10/15/36   512,850 
 500,000   Chenango Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.06%  04/15/30   488,014 

 

See Notes to Financial Statements. 
238(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)
$500,000   Fillmore Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.66%  07/15/30  $501,763 
 1,000,000   Galaxy XIX CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.79%  07/24/30   985,127 
 500,000   Goldentree Loan Management US Clo 10, Ltd.(a)(h)  3M CME TERM SOFR + 6.46%  07/20/34   504,394 
 500,000   Goldentree Loan Management US CLO 3, Ltd.(a)(h)  3M CME TERM SOFR + 3.11%  04/20/30   502,226 
 500,000   Marble Point CLO XII, Ltd.(a)(h)  3M CME TERM SOFR + 3.26%  07/16/31   489,862 
 500,000   Milos CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.41%  10/20/30   502,212 
 500,000   Myers Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.76%  10/20/30   502,520 
 500,000   Neuberger Berman Loan Advisers CLO 37, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/20/31   501,482 
 500,000   Neuberger Berman Loan Advisers CLO 42, Ltd.(a)(h)  3M CME TERM SOFR + 6.21%  07/16/35   502,712 
 500,000   Neuberger Berman Loan Advisers Clo 44, Ltd.(a)(h)  3M CME TERM SOFR + 6.26%  10/16/34   503,432 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024239

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)
$500,000   Ocean Trails CLO V(a)(h)  3M CME TERM SOFR + 3.71%  10/13/31  $493,706 
 500,000   REESE PARK CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.79%  10/15/34   504,152 
 500,000   Sound Point CLO XXVI, Ltd.(a)(h)  3M CME TERM SOFR + 7.12%  07/20/34   479,487 
 900,000   Sound Point Clo XXX, Ltd.(a)(h)  3M CME TERM SOFR + 3.61%  07/25/34   877,630 
 500,000   Sound Point CLO XXXII, Ltd.(a)(h)  3M CME TERM SOFR + 6.96%  10/25/34   459,035 
 500,000   Thayer Park CLO, Ltd.(a)(h)  3M SOFR + 6.51%  04/20/34   502,938 
 500,000   THL Credit Wind River 2017-3 CLO, Ltd.(a)(h)  3M US L + 7.08%  04/15/35   488,873 
 1,000,000   THL Credit Wind River 2019-1 CLO, Ltd.(a)(h)  3M CME TERM SOFR + 3.71%  07/20/34   968,616 
 500,000   THL Credit Wind River CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/15/30   479,434 
 500,000   Vibrant Clo III, Ltd.(a)(h)  3M CME TERM SOFR + 3.76%  10/20/31   498,933 
 500,000   Voya CLO 2014-4, Ltd.(a)(h)  3M CME TERM SOFR + 3.61%  07/14/31   497,521 

 

See Notes to Financial Statements. 
240(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
COLLATERALIZED LOAN OBLIGATIONS (continued)
$500,000   Voya CLO 2019-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.38%  04/15/31  $496,861 
 500,000   Voya CLO 2020-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.61%  07/16/34   501,352 
 1,000,000   Voya CLO 2022-3, Ltd.(a)(h)  3M CME TERM SOFR + 4.50%  10/20/36   1,016,173 
 500,000   Voya CLO, Ltd.(a)(h)  3M CME TERM SOFR + 6.21%  07/14/31   464,172 
 500,000   Voya CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.51%  07/15/31   472,387 
 500,000   Webster Park CLO, Ltd.(a)(h)  3M CME TERM SOFR + 5.76%  07/20/30   498,939 
 1,000,000   Wellfleet CLO 2021-1, Ltd.(a)(h)  3M CME TERM SOFR + 6.87%  04/20/34   969,555 
                 
TOTAL COLLATERALIZED LOAN OBLIGATIONS           
(Cost $22,874,910)         23,140,639 

 

Shares/Description  Value 
RIGHTS (0.01%) 
 62,828   Globalink Investment, Inc., Strike Price $11.50, Expires 04/15/2024   9,738 
 63,000   Mountain Crest Acquisition Corp. V, Strike Price $0.01, Expires 12/31/2049   7,123 
           
TOTAL RIGHTS     
(Cost $14,923)   16,861 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024241

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Shares/Description  Value 
WARRANTS (0.04%)     
 36,143   Achari Ventures Holdings Corp. I, Strike Price $11.50, Expires 08/05/2026  $723 
 27,203   Aeries Technology, Inc., Strike Price $11.50, Expires 10/20/2026   615 
 14,921   AltEnergy Acquisition Corp., Strike Price $11.50, Expires 11/02/2028   345 
 104,172   Beneficient, Strike Price $11.50, Expires 03/14/2028   760 
 36,781   BitFuFu, Inc., Strike Price $11.50, Expires 06/07/2028   13,517 
 7,421   Blockchain Coinvestors Acquisition Corp. I, Strike Price $11.50, Expires 11/01/2028   444 
 54,941   Blue Ocean Acquisition Corp., Strike Price $11.50, Expires 10/21/2028   852 
 29,843   Cactus Acquisition Corp. 1, Ltd., Strike Price $11.50, Expires 10/29/2026   1,626 
 6,744   CERo Therapeutics Holdings, Inc., Strike Price $11.50, Expires 09/01/2026   136 
 52,112   Critical Metals Corp., Strike Price $11.50, Expires 06/06/2028   15,894 
 19,184   Direct Selling Acquisition Corp., Strike Price $11.50, Expires 09/30/2028   451 
 51,583   Euda Health Holdings, Ltd., Strike Price $11.50, Expires 09/24/2026   12,328 
 16,078   Everest Consolidator Acquisition Corp., Strike Price $11.50, Expires 07/19/2028   3,268 
 6,010   ExcelFin Acquisition Corp., Strike Price $11.50, Expires 10/21/2026   180 
 30,063   Finnovate Acquisition Corp., Strike Price $11.50, Expires 09/30/2026   466 
 62,828   Globalink Investment, Inc., Strike Price $11.50, Expires 12/03/2026   1,885 
 25,890   Holdco Nuvo Group DG, Ltd., Strike Price $11.50, Expires 10/23/2028   551 
 48,475   Hub Cyber Security, Ltd., Strike Price $11.50, Expires 02/27/2028   1,260 
 36,627   Integrated Rail and Resources Acquisition Corp., Strike Price $11.50, Expires 11/12/2026   1,831 
 6,063   Learn CW Investment Corp., Strike Price $11.50, Expires 12/31/2028   620 
 13,554   MultiSensor AI Holdings, Inc., Strike Price $11.50, Expires 12/19/2028   407 
 40,085   Nvni Group, Ltd., Strike Price $11.50, Expires 11/01/2028   702 
 10,453   Onyx Acquisition Co. I, Strike Price $11.50, Expires 11/30/2028   184 
 23,875   Project Energy Reimagined Acquisition Corp., Strike Price $11.50, Expires 12/31/2028   1,461 

 

See Notes to Financial Statements. 
242(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Shares/Description  Value 
WARRANTS (continued)     
 46,043   QT Imaging Holdings, Inc., Strike Price $11.50, Expires 12/31/2028  $820 
 14,614   Roadzen, Inc., Strike Price $11.50, Expires 11/30/2028   511 
 1,188   Roth CH Acquisition Co., Strike Price $11.50, Expires 10/29/2028   1 
 29,444   Roth CH Acquisition V Co., Strike Price $11.50, Expires 12/10/2026   1,690 
 63,913   SMX Security Matters PLC, Strike Price $253.00, Expires 03/07/2028   639 
 19,426   Southland Holdings, Inc., Strike Price $11.50, Expires 09/01/2026   6,671 
 38,741   Syntec Optics Holdings, Inc., Strike Price $11.50, Expires 11/08/2026   6,098 
 5,889   TLGY Acquisition Corp., Strike Price $11.50, Expires 01/14/2028   382 
 24,725   Tristar Acquisition I Corp., Strike Price $11.50, Expires 12/31/2028   2,967 
 32,389   Volato Group, Inc., Strike Price $11.50, Expires 12/03/2028   470 
 24,051   VSee Health, Inc., Strike Price $11.50, Expires 11/04/2028   5,204 
           
TOTAL WARRANTS     
(Cost $233,014)   85,959 

 

Principal Amount/Description  Rate   Maturity  Value 
U.S. CORPORATE BONDS (11.74%) 
Financial (11.74%) 
 1,264,000   Bain Capital Specialty Finance, Inc.   2.55%  10/13/26   1,159,611 
 130,000   BlackRock TCP Capital Corp.   3.90%  08/23/24   129,432 
 1,000,000   Blackstone Private Credit Fund   2.63%  12/15/26   914,850 
 800,000   Blackstone Private Credit Fund   3.25%  03/15/27   738,816 
 1,500,000   Blackstone Secured Lending Fund   2.85%  09/30/28   1,315,811 
 1,407,561   Blue Owl Capital Corp.   2.88%  06/11/28   1,245,541 
 500,000   Blue Owl Capital Corp.   3.40%  07/15/26   471,254 
 3,000,000   Blue Owl Capital Corp.   3.75%  07/22/25   2,925,530 
 222,000   Blue Owl Capital Corp. II(h)   4.63%  11/26/24   220,631 
 1,500,000   Blue Owl Capital Corp. III   3.13%  04/13/27   1,372,786 
 1,265,423   Blue Owl Credit Income Corp.   4.70%  02/08/27   1,204,526 
 1,000,000   Blue Owl Credit Income Corp.   5.50%  03/21/25   994,959 
 2,299,520   Blue Owl Credit Income Corp.   7.75%  09/16/27   2,363,797 
 3,000,000   Blue Owl Technology Finance Corp.(h)   6.75%  06/30/25   2,983,840 
 1,000,000   Franklin BSP Capital Corp.(h)   4.85%  12/15/24   989,355 
 1,045,000   FS KKR Capital Corp.   4.13%  02/01/25   1,032,470 
 2,139,000   Golub Capital BDC, Inc.   2.05%  02/15/27   1,923,882 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024243

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate   Maturity  Value 
Financial (continued)
$3,300,000   Oaktree Specialty Lending Corp.   7.10%  02/15/29  $3,343,237 
                 25,330,328 
TOTAL U.S. CORPORATE BONDS             
(Cost $24,683,052)           25,330,328 

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (36.07%)
 1,025,785   Alternative Loan Trust  6.50%  09/25/36   522,486 
 97,132   Alternative Loan Trust(a)  4.62%  12/25/35   89,074 
 522,461   Alternative Loan Trust  5.50%  11/25/35   295,186 
 1,449,141   Alternative Loan Trust  5.50%  12/25/35   1,019,655 
 1,728,979   Alternative Loan Trust  5.75%  03/25/37   906,732 
 1,647,515   Alternative Loan Trust  6.25%  08/25/37   761,543 
 2,144,037   Alternative Loan Trust  6.00%  07/25/37   1,023,439 
 1,404,855   Banc of America Funding Trust(a)  3.14%  05/20/36   1,090,177 
 721,877   Banc of America Mortgage Trust  6.00%  09/25/37   568,492 
 727,473   Bear Stearns ALT-A Trust(a)  5.04%  01/25/36   645,633 
 616,242   Bear Stearns ARM Trust(a)  4.54%  07/25/36   513,021 
 2,512,077   Chase Mortgage Finance Trust Series(a)  1M CME TERM SOFR + 0.71%  06/25/37   807,717 
 2,276,643   ChaseFlex Trust Series 2007-1  6.50%  02/25/37   801,103 
 2,012,521   CHL Mortgage Pass-Through Trust  5.75%  07/25/37   996,526 
 1,140,197   CHL Mortgage Pass-Through Trust(a)  4.07%  03/25/37   882,423 
 1,140,557   CHL Mortgage Pass-Through Trust(a)  1M CME TERM SOFR + 0.71%  03/25/35   987,702 
 8,789   Citigroup Mortgage Loan Trust(a)  5.06%  04/25/37   8,830 
 973,165   Citigroup Mortgage Loan Trust, Inc.(a)  5.16%  10/25/35   842,380 
 4,500,000   COLT 2021-4 Mortgage Loan Trust(a)(h)  4.14%  10/25/66   3,166,670 
 1,000,000   Connecticut Avenue Securities Trust 2021-R01(a)(h)  30D US SOFR + 6.00%  10/25/41   1,052,712 
 2,000,000   Connecticut Avenue Securities Trust 2022-R02(a)(h)  30D US SOFR + 7.65%  01/25/27   2,187,433 
 1,000,000   Connecticut Avenue Securities Trust 2022-R03(a)(h)  30D US SOFR + 9.85%  03/25/42   1,147,672 

 

See Notes to Financial Statements. 
244(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)
$1,500,000   Connecticut Avenue Securities Trust 2023-R06(a)(h)  30D US SOFR + 3.90%  07/25/43  $1,607,813 
 3,500,000   Connecticut Avenue Securities Trust 2024-R03(a)(h)  30D US SOFR + 2.80%  03/25/44   3,563,437 
 603,997   CSFB Mortgage-Backed Pass-Through Certificates  5.50%  10/25/35   263,942 
 1,286,103   CSMC Mortgage-Backed Trust  6.00%  02/25/37   674,510 
 1,509,944   CSMC Mortgage-Backed Trust  6.75%  08/25/36   770,026 
 2,642,813   Fannie Mae Pool  6.00%  11/01/53   2,651,994 
 1,229,219   Fannie Mae REMICS(a)(i)  5.79% - 30D US SOFR  10/25/41   96,023 
 1,061,635   Fannie Mae REMICS(a)(i)  6.39% - 30D US SOFR  12/25/41   108,338 
 1,239,853   Fannie Mae REMICS(a)(i)  6.34% - 30D US SOFR  03/25/42   122,966 
 1,585,407   Fannie Mae REMICS(j)  0.00%  07/25/43   924,926 
 495,353   Fannie Mae REMICS(a)  7.62% - 1M US L  11/25/42   299,634 
 3,431,302   Fannie Mae REMICS(a)(i)  5.94% - 30D US SOFR  07/25/49   361,801 
 469,593   Federal Home Loan Mortgage Corp. REMICS(a)  4.05% - 1M US L  01/15/33   410,508 
 169,667   First Horizon Alternative Mortgage Securities Trust(a)  4.42%  10/25/35   139,278 
 4,597,559   Freddie Mac REMICS(i)  3.00%  09/25/51   796,904 
 2,202,584   Freddie Mac REMICS(a)(i)  5.79% - 30D US SOFR  12/15/41   183,945 
 10,748,850   Freddie Mac REMICS(i)  2.00%  11/25/50   1,294,609 
 3,023,707   Freddie Mac REMICS(a)(i)  5.99% - 30D US SOFR  08/25/50   325,823 
 2,000,000   Freddie Mac STACR REMIC Trust 2020-DNA2(a)(h)  30D US SOFR + 6.00%  08/25/33   2,349,259 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024245

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)
$2,000,000   Freddie Mac STACR REMIC Trust 2020-DNA6(a)(h)  30D US SOFR + 5.65%  12/25/50  $2,276,465 
 1,700,000   Freddie Mac STACR REMIC Trust 2021-DNA1(a)(h)  30D US SOFR + 4.75%  01/25/51   1,842,889 
 1,250,000   Freddie Mac STACR REMIC Trust 2022-DNA1(a)(h)  30D US SOFR + 7.10%  01/25/42   1,343,015 
 1,500,000   Freddie Mac STACR REMIC Trust 2024-DNA1(a)(h)  30D US SOFR + 1.95%  02/25/44   1,517,273 
 5,388,833   Government National Mortgage Association(a)(i)  0.74%  09/20/66   207,369 
 6,656,291   Government National Mortgage Association(i)  3.50%  02/20/52   1,146,839 
 7,068,665   Government National Mortgage Association(i)  3.00%  05/20/51   1,123,147 
 14,215,540   Government National Mortgage Association(a)(i)  2.65% - 30D US SOFR  01/20/52   108,723 
 6,133,576   Government National Mortgage Association(a)(i)  3.20% - 30D US SOFR  12/20/51   106,712 
 6,205,028   Government National Mortgage Association(i)  3.50%  11/20/51   1,123,105 
 6,906,293   Government National Mortgage Association(i)  3.00%  09/20/51   1,144,515 
 9,692,108   Government National Mortgage Association(a)(i)  1.10%  11/20/71   565,175 
 6,915,904   Government National Mortgage Association(a)(i)  3.70% - 30D US SOFR  09/20/51   203,899 
 12,223,172   Government National Mortgage Association(a)(i)  3M US L + 2.44%  06/20/51   104,755 
 6,073,557   Government National Mortgage Association(i)  3.50%  12/20/50   1,140,902 
 3,157,028   Government National Mortgage Association(a)(i)  6.19% - 1M CME TERM SOFR  01/20/51   399,861 
 15,786,242   Government National Mortgage Association(i)  2.50%  11/20/51   2,236,143 

 

See Notes to Financial Statements. 
246(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)
$3,021,817   Government National Mortgage Association(a)(i)  6.19% - 1M CME TERM SOFR  10/20/50  $382,144 
 5,277,642   Government National Mortgage Association(a)(i)  3.75% - 1M US L  10/20/50   159,236 
 3,218,401   Government National Mortgage Association(a)(i)  6.19% - 1M CME TERM SOFR  09/20/50   371,609 
 5,617,091   Government National Mortgage Association(a)(i)  0.98%  12/16/62   401,249 
 6,741,026   Government National Mortgage Association(a)(i)  0.33%  09/20/70   425,858 
 5,465,208   Government National Mortgage Association(a)(i)  0.36%  11/20/70   388,621 
 6,803,006   Government National Mortgage Association(a)(i)  0.79%  06/20/70   438,817 
 7,111,074   Government National Mortgage Association(a)(i)  0.06%  11/20/69   436,473 
 3,628,541   Government National Mortgage Association  3.50%  02/20/47   3,228,152 
 3,206,710   Government National Mortgage Association(a)(i)  0.79%  09/16/58   114,424 
 5,684,378   Government National Mortgage Association(a)(i)  3.75% - 1M US L  11/20/50   111,919 
 1,700,000   Imperial Fund Mortgage Trust 2021-NQM3(a)(h)  4.14%  11/25/56   1,213,226 
 660,335   Luminent Mortgage Trust(a)  1M CME TERM SOFR + 0.53%  05/25/36   571,226 
 1,305,908   Luminent Mortgage Trust(a)  1M CME TERM SOFR + 0.51%  05/25/36   1,004,322 
 1,648,640   Nomura Asset Acceptance Corp. Alternative Loan Trust(k)  5.69%  08/25/35   728,033 
 7,128,635   Nomura Asset Acceptance Corp. Alternative Loan Trust(a)  1M CME TERM SOFR + 0.65%  02/25/36   852,093 
 1,270,047   PR Mortgage Loan Trust(a)(h)  5.85%  09/25/47   1,174,128 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024247

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES (continued)
$1,237,819   RALI Series Trust(a)  6.40%  09/25/37  $1,030,811 
 1,985,242   Residential Asset Securitization Trust  5.75%  02/25/36   702,355 
 1,765,247   Residential Asset Securitization Trust  6.00%  05/25/37   913,320 
 3,927,945   Residential Asset Securitization Trust 2005-A12  5.50%  11/25/35   2,138,254 
 1,206,614   RFMSI Trust  6.00%  09/25/36   916,169 
 633,100   RFMSI Trust(a)  6.12%  06/25/35   446,089 
 1,936,000   Spruce Hill Mortgage Loan Trust 2020-SH1(a)(h)  4.68%  01/28/50   1,681,617 
 302,638   Structured Adjustable Rate Mortgage Loan Trust(a)  5.24%  12/25/35   270,519 
 1,318,918   Structured Adjustable Rate Mortgage Loan Trust(a)  4.98%  09/25/37   1,094,578 
 1,000,000   Verus Securitization Trust 2021-7(a)(h)  4.19%  10/25/66   698,957 
 749,959   WaMu Mortgage Pass-Through Certificates Trust(a)  4.95%  08/25/36   636,067 
 882,709   WaMu Mortgage Pass-Through Certificates Trust(a)  4.24%  03/25/37   750,248 
 849,952   WaMu Mortgage Pass-Through Certificates Trust(a)  4.55%  08/25/46   738,115 
                 
TOTAL U.S. GOVERNMENT / AGENCY MORTGAGE BACKED SECURITIES        
(Cost $101,196,371)         77,871,758 

 

Principal Amount/Description  Rate  Maturity  Value 
U.S. GOVERNMENT BONDS AND NOTES (22.97%)
 6,400,000   U.S. Treasury Bond  1.25%  05/15/50   3,173,250 
 18,250,000   U.S. Treasury Bond  1.13%  05/15/40   11,237,295 
 19,750,000   U.S. Treasury Bond  1.75%  08/15/41   13,056,216 
 1,450,000   U.S. Treasury Bond  0.63%  05/15/30   1,172,404 
 16,900,000   U.S. Treasury Bond  0.88%  11/15/30   13,673,487 
 4,400,000   U.S. Treasury Note  0.63%  08/15/30   3,527,219 
 4,000,000   U.S. Treasury Note  0.75%  03/31/26   3,730,859 
                 
TOTAL U.S. GOVERNMENT BONDS AND NOTES           
(Cost $49,715,443)         49,570,730 

 

Principal Amount/Description  Rate  Maturity  Value 
FOREIGN CORPORATE BONDS (0.23%) 
Basic Materials (0.05%)
 400,000   Unigel Luxembourg SA(l)(m)  8.75%  10/01/26   113,520 

 

See Notes to Financial Statements. 
248(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
Communications (0.03%) 
$300,000   Alpha Holdings Escrow Shares(f)  0.00%  12/31/49  $ 
 300,000   Alpha Holdings Escrow Shares(f)  0.00%  12/31/49    
$350,000   Oi SA(l)(n)  10.00%  07/27/25  $3,465 
 24,698   Oi SA(h)(n)  12.50%  12/15/24   24,574 
 266   Oi SA(h)(n)  12.50%  12/15/24   265 
 46,471   Oi SA(h)(n)  12.50%  12/15/24   46,238 
               74,542 
Energy (0.10%)
 400,000   Canacol Energy, Ltd.(m)  5.75%  11/24/28   211,854 
                 
Financial (0.05%)
 282,819   Alpha Holding SA de CV(h)(l)  9.00%  02/10/25   1,547 
 250,000   Mexarrend SAPI de CV(h)  10.25%  07/24/24   32,750 
 200,000   Operadora de Servicios Mega SA de CV Sofom ER(h)  8.25%  02/11/25   73,000 
 250,000   Unifin Financiera SAB de CV(f)(l)(m)(o)  8.88%  12/31/49   50 
               107,347 
TOTAL FOREIGN CORPORATE BONDS           
(Cost $1,845,399)         507,263 

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (29.02%)
 500,000   ACREC 2021-FL1, Ltd.(a)(h)  1M CME TERM SOFR + 2.76%  09/16/26   492,137 
 28,899   Affirm Asset Securitization Trust 2021-Z1(h)  0.00%  08/15/24   29,677 
 372,000   Alen 2021-ACEN Mortgage Trust(a)(h)  1M CME TERM SOFR + 4.11%  04/15/26   188,916 
 700,000   AMSR 2021-SFR3 Trust(h)  4.90%  10/17/26   635,589 
 1,550,000   AMSR 2021-SFR3 Trust(h)  5.88%  10/17/26   1,417,837 
 500,000   Arbor Realty Commercial Real Estate Notes 2022-FL1, Ltd.(a)(h)  30D US SOFR + 2.30%  01/15/27   487,857 
 300,000   AREIT 2024-CRE9, Ltd.(a)(h)  1M CME TERM SOFR + 4.29%  02/17/29   299,601 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024249

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$439,000   Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10(a)  4.99%  05/15/26  $414,467 
 2,463,000   BBCMS Mortgage Trust 2024-5C27(a)(h)(i)  2.97%  06/15/29   285,624 
 682,000   BBCMS Trust(a)(h)  1M CME TERM SOFR + 3.85%  07/15/37   616,691 
 415,538   BB-UBS Trust(a)(h)  3.68%  06/05/30   344,192 
 498,000   Benchmark 2018-B4 Mortgage Trust(a)(h)  2.91%  07/15/28   379,471 
 400,000   Benchmark 2018-B6 Mortgage Trust(a)  4.74%  09/10/28   364,841 
 459,000   Benchmark 2019-B9 Mortgage Trust(a)  4.97%  01/15/29   377,035 
 546,000   Benchmark 2021-B31 Mortgage Trust(h)  2.25%  11/15/31   279,264 
 315,000   BF Mortgage Trust(a)(h)  1M CME TERM SOFR + 3.05%  12/15/35   199,433 
 1,592,804   Blackbird Capital Aircraft Lease Securitization, Ltd.(h)(k)  5.68%  12/16/41   1,580,482 
 500,000   Blue Stream Issuer LLC(h)  8.90%  05/20/53   466,677 
 321,000   BX Commercial Mortgage Trust(a)(h)  1M CME TERM SOFR + 2.01%  04/15/34   312,651 
 325,000   BX Trust(a)(h)  4.08%  12/09/29   275,974 
 800,000   BX Trust 2024-VLT4(a)(h)  1M CME TERM SOFR + 1.49%  07/15/29   800,021 
 430,383   Carbon Capital VI Commercial Mortgage Trust(a)(h)  1M CME TERM SOFR + 2.96%  10/15/35   374,863 
 5,000   Carvana Auto Receivables Trust 2021-P2(h)  0.00%  05/10/28   1,125,120 
 1,250,000   Castlelake Aircraft Structured Trust(h)  0.00%  04/15/39   48,750 
 738,856   Castlelake Aircraft Structured Trust 2021-1(h)  7.00%  10/15/26   618,128 

 

See Notes to Financial Statements. 
250(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$500,000   CIFC Funding 2019-III, Ltd.(a)(h)  3M CME TERM SOFR + 7.06%  10/16/34  $503,455 
 500,000   CIFC Funding, Ltd.(a)(h)  3M CME TERM SOFR + 6.79%  07/15/34   505,543 
 475,000   Citigroup Commercial Mortgage Trust(a)(h)  3.62%  12/10/29   333,606 
 196,000   Citigroup Commercial Mortgage Trust(a)(h)  4.57%  01/10/25   176,582 
 294,897   Cold Storage Trust 2020-ICE5(a)(h)  1M CME TERM SOFR + 1.76%  11/15/37   293,986 
 432,516   Cold Storage Trust 2020-ICE5(a)(h)  1M CME TERM SOFR + 2.21%  11/15/37   431,237 
 1,500,000   Cologix Data Centers US Issuer LLC(h)  5.99%  12/28/26   1,344,393 
 878,000   COMM Mortgage Trust(a)(h)  1M US L + 2.18%  09/15/33   609,961 
 416,000   DBJPM 16-C1 Mortgage Trust(a)  3.47%  03/10/26   366,936 
 500,000   Dryden 37 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 5.41%  01/15/31   452,616 
 500,000   Dryden 38 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 5.86%  07/15/30   463,433 
 500,000   Dryden 40 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 6.01%  08/15/31   461,798 
 750,000   Dryden 45 Senior Loan Fund(a)(h)  3M CME TERM SOFR + 6.11%  10/15/30   701,764 
 14,714,346   Fannie Mae-Aces(a)(i)  0.44%  04/25/29   192,926 
 4,543,230   Fannie Mae-Aces(a)(i)  1.27%  03/25/31   238,058 
 15,788,287   Fannie Mae-Aces(a)(i)  0.99%  07/25/32   655,994 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024251

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$4,030,261   Fannie Mae-Aces(a)(i)  1.30%  09/25/30  $164,194 
 5,525,383   Fannie Mae-Aces(a)(i)  0.57%  12/25/30   79,773 
 146,985,869   Fannie Mae-Aces(a)(i)  0.16%  07/25/31   620,486 
 16,380,212   Fannie Mae-Aces(a)(i)  0.61%  02/25/29   215,524 
 32,214,292   Fannie Mae-Aces(a)(i)  0.21%  10/25/29   161,010 
 700,000   FirstKey Homes 2020-SFR1 Trust(h)  4.28%  09/17/25   677,142 
 1,750,000   FMC GMSR Issuer Trust(a)(h)  4.44%  10/25/26   1,521,268 
 1,700,000   FMC GMSR Issuer Trust(a)(h)  4.36%  07/25/26   1,480,523 
 16,469,569   FNA 2021-M23 X1  0.66%  11/01/31   302,773 
 46,440,000   FNA 2022-M4 X2  0.27%  05/25/30   431,089 
 267,035   FREMF 2015-KF07 Mortgage Trust(a)(h)  30D US SOFR + 5.06%  02/25/25   265,689 
 266,080   FREMF 2016-KF25 Mortgage Trust(a)(h)  30D US SOFR + 5.11%  05/25/24   265,612 
 297,068   FREMF 2018-KF56 Mortgage Trust(a)(h)  30D US SOFR + 5.91%  11/25/28   261,205 
 748,531   FREMF 2019-KF71 Mortgage Trust(a)(h)  30D US SOFR + 6.11%  10/25/29   720,030 
 1,200,000   FRTKL 2021-SFR1(h)  4.11%  09/17/26   1,076,299 
 5,679,184   Ginnie Mae Strip(i)  1.40%  09/16/45   409,208 
 6,636,764   GNR 2020-47 SL  5.26%- 1M SOFR  07/20/44   378,579 
 5,296,608   Government National Mortgage Association(a)(i)  0.99%  05/16/63   378,686 
 400,000   Greystone CRE Notes 2021-FL3, Ltd.(a)(h)  1M CME TERM SOFR + 2.31%  07/15/39   388,427 
 300,000   GS Mortgage Securities Corp. Trust 2018-RIVR(a)(h)  1M CME TERM SOFR + 1.85%  07/15/35   5,276 
 500,000   GS Mortgage Securities Corp. Trust 2021-ARDN(a)(h)  1M CME TERM SOFR + 6.05%  11/15/26   493,211 
 655,000   GS Mortgage Securities Trust(a)(h)  1M US L + 3.92%  07/15/31   13,755 
 1,078,000   GS Mortgage Securities Trust(a)(h)  4.65%  11/10/47   662,656 

 

See Notes to Financial Statements. 
252(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$373,000   GS Mortgage Securities Trust 2015-GC28(a)(h)  4.45%  02/10/48  $342,793 
 3,680,000   GS Mortgage Securities Trust 2021-GSA3(a)(h)(i)  1.53%  12/15/31   270,738 
 400,000   HGI CRE CLO 2021-FL1, Ltd.(a)(h)  1M CME TERM SOFR + 2.46%  06/16/36   379,919 
 500,000   Highbridge Loan Management 4-2014, Ltd.(a)(h)  3M CME TERM SOFR + 5.81%  01/28/30   501,438 
 500,000   Highbridge Loan Management, Ltd.(a)(h)  3M SOFR + 5.36%  02/05/31   498,011 
 500,000   Hilton USA Trust 2016-SFP(h)  2.83%  11/05/35   436,172 
 398,444   J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-MFP(a)(h)  1M CME TERM SOFR + 1.71%  07/15/36   395,548 
 1,062,000   JP Morgan BB Commercial Mortgage Securities Trust(a)(h)  3.36%  10/15/24   821,267 
 109,000   JP Morgan Chase Commercial Mortgage Securities Trust(h)  4.34%  05/05/32   101,960 
 111,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   103,945 
 130,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   122,331 
 136,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   127,757 
 148,000   JP Morgan Chase Commercial Mortgage Securities Trust(a)(h)  4.60%  05/05/32   138,718 
 7,256,953   JPMBB Commercial Mortgage Securities Trust(a)(h)(i)  0.65%  08/15/46   37,495 
 5,092,088   JPMBB Commercial Mortgage Securities Trust(a)(i)  0.95%  10/15/24   1,792 
 500,000   KREF 2022-FL3, Ltd.(a)(h)  1M CME TERM SOFR + 2.80%  02/17/39   487,814 
 500,000   LCM Loan Income Fund I Income Note Issuer, Ltd.(a)(h)  3M CME TERM SOFR + 5.86%  07/16/31   416,841 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024253

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$500,000   LCM XIV LP(a)(h)  3M CME TERM SOFR + 5.76%  07/20/31  $405,229 
 500,000   LCM XVII LP(a)(h)  3M CME TERM SOFR + 6.26%  10/15/31   406,703 
 375,000   LoanCore 2021-CRE5 Issuer, Ltd.(a)(h)  1M CME TERM SOFR + 2.46%  07/15/36   362,045 
 335,000   LSTAR Commercial Mortgage Trust 2017-5(a)(h)  4.83%  03/10/27   262,203 
 650,000   Madison Park Funding XXXVIII, Ltd.(a)(h)  3M CME TERM SOFR + 6.26%  07/17/34   656,010 
 517,516   Med Trust 2021-MDLN(a)(h)  1M CME TERM SOFR + 1.91%  11/15/38   517,896 
 750,000   MetroNet Infrastructure Issuer LLC(h)  8.01%  02/20/28   763,342 
 500,000   MF1 2023-FL12 LLC(a)(h)  1M CME TERM SOFR + 3.78%  10/19/28   503,565 
 400,000   MF1 Multifamily Housing Mortgage Loan Trust(a)(h)  1M CME TERM SOFR + 4.04%  08/18/41   399,000 
 365,000   MFT Trust 2020-ABC(a)(h)  3.59%  02/10/30   153,733 
 372,000   Morgan Stanley Capital I Trust 2018-H4(h)  3.00%  12/15/28   288,849 
 454,000   Morgan Stanley Capital I Trust 2018-L1(a)  4.94%  10/15/28   414,194 
 639,055   New Century Home Equity Loan Trust(a)  1M CME TERM SOFR + 0.47%  05/25/36   629,552 

 

See Notes to Financial Statements. 
254(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$1,000,000   Octagon 57, Ltd.(a)(h)  3M CME TERM SOFR + 6.86%  10/15/34  $1,004,007 
 500,000   Octagon Investment Partners 26, Ltd.(a)(h)  3M CME TERM SOFR + 8.35%  07/15/30   375,592 
 500,000   Octagon Investment Partners 40, Ltd.(a)(h)  3M CME TERM SOFR + 7.26%  01/20/35   483,349 
 500,000   Octagon Investment Partners 42, Ltd.(a)(h)  3M CME TERM SOFR + 7.01%  07/15/34   497,217 
 500,000   Octagon Investment Partners XVI, Ltd.(a)(h)  3M CME TERM SOFR + 6.01%  07/17/30   471,166 
 500,000   Octagon Investment Partners XXI, Ltd.(a)(h)  3M CME TERM SOFR + 7.26%  02/14/31   497,131 
 500,000   OHA Credit Funding 3, Ltd.(a)(h)  3M CME TERM SOFR + 6.51%  07/02/35   502,799 
 800,000   Pagaya AI Debt Selection Trust 2021-5(h)  0.00%  08/15/29   42,134 
 346,226   PAGAYA AI Debt Trust 2022-2(a)(h)  5.80%  01/15/30   345,716 
 749,994   Pagaya AI Debt Trust 2023-5(h)  9.10%  04/15/31   769,043 
 450,000   PFP 2021-8, Ltd.(a)(h)  1M CME TERM SOFR + 1.91%  08/09/37   432,546 
 1,800,000   Progress Residential 2021-SFR8 Trust(h)  4.00%  10/17/26   1,612,164 
 1,800,000   Progress Residential Trust(h)  4.00%  07/17/26   1,638,446 
 400,000   Ready Capital Mortgage Financing 2022-FL10 LLC(a)(h)  1M CME TERM SOFR + 4.27%  07/25/27   396,885 

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024255

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$350,000   Ready Capital Mortgage Financing 2023-FL12 LLC(a)(h)  1M CME TERM SOFR + 4.55%  04/25/27  $349,491 
 500,000   RR 1 LLC(a)(h)  3M CME TERM SOFR + 6.61%  07/15/35   500,843 
 500,000   RR 6, Ltd.(a)(h)  3M CME TERM SOFR + 6.11%  04/15/36   485,348 
 50,000   Sofi Professional Loan Program Trust(h)  0.00%  01/25/48   388,756 
 550,000   STWD 2022-FL3, Ltd.(a)(h)  30D US SOFR + 1.95%  11/15/38   533,341 
 750,000   Switch ABS Issuer LLC(h)  10.03%  06/25/29   754,247 
 500,000   Trimaran CAVU, Ltd.(a)(h)  3M CME TERM SOFR + 4.98%  11/26/32   501,839 
 450,000   TRTX 2022-FL5 Issuer, Ltd.(a)(h)  1M CME TERM SOFR + 2.15%  02/15/39   444,511 
 446,000   UBS Commercial Mortgage Trust(a)  4.84%  02/15/28   381,521 
 333,000   UBS-Barclays Commercial Mortgage Trust(a)(h)  3.84%  03/10/46   241,715 
 300,000   UBS-Barclays Commercial Mortgage Trust 2013-C5(a)(h)  3.84%  03/10/46   252,833 
 735,000   Upstart Pass-Through Trust Series 2021-ST8(h)  0.00%  10/20/29   234,408 
 1,000   Upstart Securitization Trust 2021-2  0.00%  06/20/31   75,891 
 440,481   VMC Finance LLC(a)(h)  1M CME TERM SOFR + 2.76%  09/15/36   430,016 
 1,224,326   VOLT XCVI LLC(h)(k)  4.83%  03/27/51   1,138,717 
 10,127,008   Washington Mutural Asset-Backed Certificates WMABS Series 2007-HE2 Trust(a)  1M CME TERM SOFR + 0.44%  02/25/37   2,843,004 

 

See Notes to Financial Statements. 
256(888) 848-7569  |  www.rivernorth.com

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

Principal Amount/Description  Rate  Maturity  Value 
NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$615,128   WAVE LLC(h)  6.41%  09/15/44  $217,192 
 332,000   Wells Fargo Commercial Mortgage Trust(h)  3.12%  03/15/59   274,472 
 500,000   Wells Fargo Commercial Mortgage Trust 2018-C45  4.73%  06/15/28   467,638 
 1,063,927   Willis Engine Structured Trust VI(h)  7.39%  05/15/29   1,021,870 
                 
TOTAL NON-AGENCY COLLATERALIZED MORTGAGE OBLIGATIONS        
(Cost $71,936,632)         62,672,709 

 

Shares/Description  Value 
SHORT-TERM INVESTMENTS (11.71%)     
 25,278,051   State Street Institutional Trust (7 Day Yield 5.240%)  $25,278,051 
           
TOTAL SHORT-TERM INVESTMENTS     
(Cost $25,278,051)    25,278,051 
           
TOTAL INVESTMENTS (154.63%)     
(Cost $375,157,392)  $333,781,529 
           
Series A Cumulative Perpetual Preferred Shares (-27.80%)   (60,000,000)
Series B Cumulative Perpetual Preferred Shares (-27.80%)   (60,000,000)
Other Assets In Excess Of Liabilities (0.97%)   2,067,617 
NET ASSETS ATTRIBUTABLE TO COMMON SHAREHOLDERS (100.00%)  $215,849,146 

 

Investment Abbreviations:

LIBOR - London Interbank Offered Rate

SOFR - Secured Overnight Financing Rate

 

Reference Rates:

1M US L - 1 Month LIBOR as of June 30, 2024 was 5.45%

3M US L - 3 Month LIBOR as of June 30, 2024 was 5.59%

30D US SOFR - 30 Day SOFR as of June 30, 2024 was 5.34%

1M US SOFR- 1 Month SOFR as of June 30, 2024 was 5.34%

PRIME - US Prime Rate as of June 30, 2024 was 8.50%

3M US SOFR- 3 Month SOFR as of June 30, 2024 was 5.32%

6M CME TERM SOFR- 6 Month SOFR as of June 30, 2024 was 5.25%

 

See Notes to Financial Statements. 
Annual Report  |  June 30, 2024257

 

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.  
Schedule of Investments June 30, 2024

 

(a) Variable rate investment. Interest rates reset periodically. Interest rate shown reflects the rate in effect at June 30, 2024. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.
(b) Fair Valued by the Advisor using a discounted cash flow (DCF) methodology.
(c) Loans are issued at discounts and do not have a stated interest rate.  Rate indicated based on projected future cash flows and an implied 18-month final maturity.  Actual yield and maturity is dependent on timing of future payments.
(d) Security may be deemed restricted to resale to institutional investors. As of June 30, 2024, the aggregate fair value of these securities was $57,921,835, representing 26.83% of net assets.
(e) Contains past-due loan. A loan is deemed past-due at June 30, 2024, if the loan borrower has not made its required payment as of the most recent due date. As of June 30, 2024, $2,157,262 of whole loans were past due, which represents 1.00% of net assets
(f) As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 assets.  See Note 2 to the financial statements for additional information.
(g) Non-income producing security.
(h) Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may normally be sold to qualified institutional buyers in transactions exempt from registration. The total value of Rule 144A securities amounts to $106,442,943, which represents 49.31% of net assets as of June 30, 2024.
(i) Interest only securities.
(j) Issued with a zero coupon.
(k) Step up bond. Coupon changes periodically based upon a predetermined schedule. Interest rate disclosed is that which is in effect at June 30, 2024.
(l) Security is currently in default.
(m) Securities were purchased pursuant to Regulation S under the Securities Act of 1933, which exempts securities offered and sold outside of the United States from registration. Such securities cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption from registration. These securities have been deemed liquid under procedures approved by the Fund's Board of Directors (the "Board"). As of June 30, 2024, the aggregate fair value of those securities was $325,424, representing 0.15% of net assets.
(n) Pay-in-kind securities. Rate paid in-kind is shown in parenthesis.
(o) Security has no contractual maturity date, is not redeemable and contractually pays an indefinite stream of interest.

 

Futures Contracts Purchased:    

 

      Expiration  Notional   Value and Unrealized 
Description  Contracts  Date  Value   Appreciation/(Depreciation) 
10-Yr U.S. Treasury Note Futures  80  September 2024  $9,082,500   $196,701 
US 5Yr T-Note Future  100  September 2024   10,657,813    120,101 
         $19,740,313   $316,802 

 

See Notes to Financial Statements. 
258(888) 848-7569  |  www.rivernorth.com

 

  KPMG LLP
Suite 500
191 West Nationwide Blvd.
Columbus, OH 43215-2568

 

Report of Independent Registered Public Accounting Firm

 

To the Shareholders and the Board of Directors
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.:

 

Opinion on the Financial Statements

 

We have audited the accompanying statement of assets and liabilities of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the Fund), including the summary schedule of investments, as of June 30, 2024, the related statements of operations and cash flows for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended, and the related notes (collectively, the financial statements) and the financial highlights for each of the years in the two-year period then ended (the financial statements and financial highlights are included in Item 1 of this Form N-CSR), and the schedule of investments as of June 30, 2024 (included in Item 6 of this Form N-CSR). In our opinion, the financial statements, financial highlights, and schedule of investments present fairly, in all material respects, the financial position of the Fund as of June 30, 2024, the results of its operations and its cash flows for the year then ended, the changes in its net assets for each of the years in the two-year period then ended, and the financial highlights for each of the years in the two-year period then ended, in conformity with U.S. generally accepted accounting principles. The financial highlights for the years ended June 30, 2022 and prior were audited by other independent registered public accountants whose report, dated August 29, 2022, expressed an unqualified opinion on those financial highlights.

 

Basis for Opinion

 

These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Such procedures also included confirmation of securities owned as of June 30, 2024, by correspondence with custodians and brokers; when replies were not received from brokers, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

 

  KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.  

 

 

 

 

 

 

We have served as the auditor of one or more RiverNorth investment companies since 2015.

 

Columbus, Ohio
August 29, 2024
 

2

 

KPMG LLP
Suite 500
191 West Nationwide Blvd.
Columbus, OH 43215-2568

 

Consent of Independent Registered Public Accounting Firm

 

We consent to the incorporation by reference in the registration statement (No. 333-260203) on Form N-2 of our report dated August 29, 2024, with respect to the financial statements and financial highlights of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

 

 

 

Columbus, Ohio
September 5, 2024

 

 

KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

 

 

 

 

 

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 

We hereby consent to the incorporation by reference in the Registration Statement on Form N‐2 (No. 333‐ 260203) of our report dated August 29, 2022, relating to the financial statements and financial highlights of RiverNorth/Doubleline Strategic Opportunity Fund, Inc., which appear in this Form N‐CSR.

 

 

 

Cohen & Company, Ltd.

Cleveland, Ohio

September 5, 2024

 

COHEN & COMPANY, LTD.

800.229.1099 | 866.818.4538 fax | cohencpa.com

 

Registered with the Public Company Accounting Oversight Board