Wells Fargo & Company filed an amended Schedule 13G reporting beneficial ownership in RiverNorth/DoubleLine Strategic Opp Fund common stock. The filing states ownership of 1,496,806 shares, representing 6% of the class, with sole dispositive power over those shares.
The amendment identifies Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC as related broker‑dealer subsidiaries and is signed by a designated Wells Fargo signer on 05/12/2026.
Positive
None.
Negative
None.
Insights
13G/A shows institutional beneficial ownership disclosure, not a trading instruction.
The amendment reports 1,496,806 shares (6%) of common stock held with sole dispositive power by Wells Fargo & Company as of the filing. The form lists affiliated broker‑dealer subsidiaries as involved in the holdings.
Filing type and percentages indicate passive institutional ownership reporting under beneficial‑ownership rules; subsequent filings would show material changes if holdings cross other thresholds.
Disclosure clarifies voting and disposition powers; voting power is reported as zero.
The schedule records 0 shares with sole or shared voting power and 1,496,806 shares with sole dispositive power. This pattern is typical for custodial or brokerage-held positions where investment discretion differs from voting control.
Operationally, the cash‑flow and trading intent are not described; any trading would be reported in future amendments if required by rules.
Key Figures
Beneficial ownership:1,496,806 sharesPercent of class:6%Sole dispositive power:1,496,806 shares+3 more
6 metrics
Beneficial ownership1,496,806 sharesAmount beneficially owned reported on the Schedule 13G/A
Percent of class6%Percent of class reported on Item 4(b)
Sole dispositive power1,496,806 sharesItem 4(iii) sole power to dispose or direct disposition
Sole voting power0Item 4(i) sole power to vote or direct the vote
Signature date05/12/2026Date shown in the signature block
CUSIP76882G107Issuer CUSIP for RiverNorth/DoubleLine Strategic Opp Fund common stock
Key Terms
Schedule 13G/A, Beneficially owned, Sole dispositive power, Broker or dealer
4 terms
Schedule 13G/Aregulatory
"Amendment No. 1 ) RiverNorth/DoubleLine Strategic Opp Fund Common Stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive powerregulatory
"7 | Sole Dispositive Power 1,496,806.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Broker or dealerregulatory
"Wells Fargo Advisors Financial Network, LLC a Broker or dealer registered under section 15"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
RiverNorth/DoubleLine Strategic Opp Fund
(Name of Issuer)
Common Stock
(Title of Class of Securities)
76882G107
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
76882G107
1
Names of Reporting Persons
Wells Fargo & Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,496,806.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,496,806.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
RiverNorth/DoubleLine Strategic Opp Fund
(b)
Address of issuer's principal executive offices:
360 S. ROSEMARY AVE,SUITE 1420,WEST PALM BEACH ,FL,33401
Item 2.
(a)
Name of person filing:
Wells Fargo & Company
(b)
Address or principal business office or, if none, residence:
333 Market Street, San Francisco, CA 94105
(c)
Citizenship:
DE
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
76882G107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,496,806
(b)
Percent of class:
6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,496,806
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Not applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
This Schedule 13G is filed by Wells Fargo & Company on its own and on behalf of its subsidiary Wells Fargo Advisors Financial Network, LLC a Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c); Wells Fargo Clearing Services, LLC a Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c).
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not applicable
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What does Wells Fargo's Schedule 13G/A say about OPP ownership?
Wells Fargo reports beneficial ownership of 1,496,806 shares (6%). The amendment states sole dispositive power over those shares and zero sole or shared voting power, indicating control over disposition but not voting.
Does this filing show Wells Fargo can vote the OPP shares?
No — the filing reports 0 shares with sole or shared voting power. The schedule lists voting power as zero while showing sole dispositive power for 1,496,806 shares.
Which Wells Fargo entities are named in the amendment for OPP holdings?
The filing is by Wells Fargo & Company and names Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC. Those subsidiaries are identified as broker‑dealer affiliates in the exhibit language.
When was the Schedule 13G/A signed for the OPP position?
The designated signer executed the amendment on 05/12/2026. That date appears with the signature block on the amended schedule provided in the excerpt.
Does the 13G/A indicate trading or change in holdings for OPP?
The amendment reports current beneficial ownership but does not describe trades or timing. The form discloses holdings and powers; any subsequent material trading would be reflected in later amendments or forms.
