Market Overview

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Declares and Increases Monthly Distribution to $0.12 per Share

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RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the "Fund"),
which is traded on the New York Stock Exchange under the symbol "OPP",
announced the declaration of a monthly distribution of $0.12 per common
share for the month of March 2017, up from $0.11 per common share in
February. The distribution is subject to the following ex-distribution,
record and payable dates below set by the Fund's Board of Trustees.
Based on the Fund's current share price of $18.95 (as of market close
March 3, 2017), the distribution represents an annualized distribution
rate of 7.60%.

       
Ex Date     Record Date     Payable Date
March 15, 2017     March 17, 2017     March 31, 2017
 

About RiverNorth

RiverNorth Capital Management, LLC is an investment management firm
founded in 2000. With $3.6 billion1 in assets under
management as of January 31, 2017, RiverNorth specializes in
opportunistic investment strategies in niche markets where the potential
to exploit inefficiencies is greatest. RiverNorth is an institutional
investment manager to registered funds, private funds and separately
managed accounts.

This data is for information only and should not be construed as an
official tax form, nor should it be considered tax or investment advice.
RiverNorth is not a tax advisor and investors should consult a tax
professional for guidance regarding their specific tax situation. When
preparing your tax return, please refer to your Form 1099-DIV and
consult your legal or tax advisor.

A portion of the distribution may be treated as paid from sources other
than net income, including but not limited to short‐term capital gain,
long‐term capital gain and return of capital.

Past performance is no guarantee of future results.

Investors should consider the Fund's investment objective, risks,
charges and expenses carefully before investing. The prospectus should
be read carefully before investing. For more information, please read
the prospectus, call your financial professional or call 800.617.0004.

The Fund is a closed-end fund, and closed-end funds do not continuously
issue shares for sale as open-end mutual funds do. Since the initial
public offering has closed, the Fund now trades in the secondary market.
Investors wishing to buy or sell shares need to place orders through an
intermediary or broker. The share price of a closed-end fund is based on
the market's value.

Shares of closed-end investment companies frequently trade at a discount
to their net asset value and initial offering price. The risk of loss
due to this discount may be greater for initial investors expecting to
sell their shares in a relatively short period after completion of the
initial public offering.

An investment in the Fund is not appropriate for all investors and is
not intended to be a complete investment program. The Fund is designed
as a long-term investment and not as a trading vehicle.

Risk is inherent in all investing. Investing in any investment company
security involves risk, including the risk that you may receive little
or no return on your investment or even that you may lose part or all of
your investment. Therefore, before investing in the common shares of the
Fund, you should consider the risks as well as the other information in
the prospectus.

1 Firm AUM reflects Managed Assets, which includes assets
attributable to leverage.

Not FDIC Insured | May Lose Value | No Bank Guarantee

RiverNorth® is a registered trademark of RiverNorth Capital Management,
LLC. DoubleLine® is a registered trademark of DoubleLine Capital LP.

©2000-2017 RiverNorth Capital Management, LLC. All rights reserved.

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