Wells Fargo & Company filed a Schedule 13G reporting beneficial ownership of 1,325,507 shares of RiverNorth/DoubleLine Strategic Opp Fund common stock, representing 5.3% of the class as of 12/31/2025.
Wells Fargo reports sole voting power over 2 shares and sole dispositive power over 1,325,507 shares, with no shared voting or dispositive power. The position is certified as acquired and held in the ordinary course of business, without the purpose or effect of changing or influencing control of the fund.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
RiverNorth/DoubleLine Strategic Opp Fund
(Name of Issuer)
Common Stock
(Title of Class of Securities)
76882G107
(CUSIP Number)
12/31/2025
(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)
SCHEDULE 13G
CUSIP No.
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
2.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,325,507.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,325,507.00
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)
5.3 %
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:
1,325,507
(b)
Percent of class:
5.3 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
2
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,325,507
(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)(K), so indicate under Item 3(k) 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 did Wells Fargo disclose about its ownership in OPP?
Wells Fargo & Company disclosed beneficial ownership of 1,325,507 shares of RiverNorth/DoubleLine Strategic Opp Fund, representing 5.3% of the common stock. This stake is reported on a Schedule 13G as of December 31, 2025, indicating a passive, non-control investment position.
What percentage of RiverNorth/DoubleLine Strategic Opp Fund does Wells Fargo own?
Wells Fargo reports owning 5.3% of RiverNorth/DoubleLine Strategic Opp Fund’s common stock. The filing shows beneficial ownership of 1,325,507 shares as of December 31, 2025, triggering the Schedule 13G reporting threshold for holdings above five percent of the outstanding class.
How much voting and dispositive power does Wells Fargo have over OPP shares?
Wells Fargo has sole voting power over 2 shares and sole dispositive power over 1,325,507 shares. The filing states there is no shared voting or shared dispositive power, indicating Wells Fargo alone can decide how to dispose of the reported shares.
Is Wells Fargo’s stake in OPP intended to influence control of the fund?
Wells Fargo certifies the OPP shares were acquired and are held in the ordinary course of business, not to influence control. The Schedule 13G states the holdings are not connected with any transaction aimed at changing or influencing control of the issuer.
Which entities are associated with Wells Fargo’s reported OPP holdings?
The filing is made by Wells Fargo & Company on its own behalf and on behalf of subsidiaries Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC. Both subsidiaries are identified as broker-dealers registered under section 15 of the Securities Exchange Act.
Why was a Schedule 13G filed instead of a Schedule 13D for OPP?
A Schedule 13G is used because Wells Fargo characterizes the OPP position as a passive investment held in the ordinary course of business. The certification explicitly states the holdings are not for the purpose or effect of changing or influencing control of the issuer.