Morgan Stanley holds 14.4% of RiverNorth/DoubleLine (NYSE: OPP)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Morgan Stanley and Morgan Stanley Smith Barney LLC filed Amendment No. 6 to a Schedule 13G/A reporting beneficial ownership of 345,811 4.75% Series B Cumulative Preferred Shares of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc., representing 14.4% of that class as of December 31, 2025.
The firms report shared voting power over 1 share and shared dispositive power over 345,811 shares, with no sole voting or dispositive power. They certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.
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FAQ
What ownership stake does Morgan Stanley report in RiverNorth/DoubleLine (OPP)?
Morgan Stanley and Morgan Stanley Smith Barney LLC report beneficial ownership of 345,811 4.75% Series B Cumulative Preferred Shares, representing 14.4% of that preferred class. This stake is disclosed in Amendment No. 6 to a Schedule 13G/A, dated December 31, 2025.
Which securities of RiverNorth/DoubleLine (OPP) are covered in this Schedule 13G/A?
The filing covers 4.75% Series B Cumulative Preferred Shares of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. These are preferred securities with a stated 4.75% rate, distinct from the fund’s common shares, and are identified by CUSIP number 76882G404.
Is Morgan Stanley seeking control of RiverNorth/DoubleLine (OPP) with this stake?
The filing states the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer. It also notes the holdings are not in connection with any control-related transaction.
Who are the reporting persons in this RiverNorth/DoubleLine (OPP) Schedule 13G/A?
The reporting persons are Morgan Stanley and Morgan Stanley Smith Barney LLC, both organized in Delaware. They provide their principal business address as 1585 Broadway, New York, NY 10036, and classify themselves as a holding company, broker-dealer, and investment adviser.
What is the event date for Morgan Stanley’s reported OPP preferred holdings?
The date of the event requiring the filing is listed as December 31, 2025. That date anchors the ownership snapshot of 345,811 preferred shares, or 14.4% of the 4.75% Series B Cumulative Preferred Shares of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.