RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) Total Return Calculator
$10,000 since Sep 2016, with and without reinvesting · data through Oct 2026
$10,000 invested in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) ten years ago, at the end of Oct 2016, was worth $12,704 at the end of Oct 2026 with every dividend reinvested: 2.4% a year, against $41,633 in the S&P 500. Since Sep 2016, $10,000 became $12,681 reinvested (2.4% a year), or $11,387 taking the dividends as cash, $7,897 of it paid out along the way.
OPP became
$12,681
S&P 500: $40,912
Return a year
2.4%
S&P 500: 15.0%
Payouts reinvested
$14,281
bought more shares
Worst drop
-35.1%
S&P 500: -23.9%
$10,000, Sep 2016 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | OPP total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −0.7% | $1,548 | +11.7% |
| 2025 | +9.1% | $1,711 | +17.7% |
| 2024 | +14.5% | $1,555 | +24.9% |
| 2023 | +11.5% | $1,386 | +26.2% |
| 2022 | −28.2% | $1,672 | −18.2% |
| 2021 | +12.1% | $1,565 | +28.7% |
| 2020 | +1.1% | $1,558 | +18.3% |
| 2019 | +14.8% | $1,383 | +31.2% |
| 2018 | −2.2% | $1,003 | −4.6% |
| 2017 | +8.0% | $796 | +21.7% |
| 2016 (part) | −7.1% | $104 | +4.0% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: OPP total return
Data as of · Source: SmarterDividends data
- $10,000 invested in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) at the end of Sep 2016, with dividends reinvested, was worth $12,681 at the end of Oct 2026: 2.4% a year, against $40,912 (15.0% a year) in the S&P 500.
- Over the 10 years to Oct 2026, OPP turned $10,000 into $12,704 with dividends reinvested, 2.4% a year.
- Over the 5 years to Oct 2026, OPP returned -0.7% a year with dividends reinvested (S&P 500: 12.0%).
- Taking OPP's dividends as cash instead of reinvesting them, the same $10,000 ended at $11,387, including $7,897 of cash received; reinvesting added $1,294.
- OPP's best calendar year in that time was 2019 (14.8%) and its worst 2022 (-28.2%), with dividends reinvested.
Cite this page
SmarterDividends, "RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/OPP/total-return
OPP total return questions
If I invested $10,000 in OPP 10 years ago, how much would I have?
About $12,704 at the end of Oct 2026, with every dividend reinvested: 2.4% a year. Taking them as cash, you'd have shares worth $3,498 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is OPP's total return since Sep 2016?
27% in total, or 2.4% a year, through Oct 2026 with dividends reinvested. The share price alone fell 65%.
How much of OPP's return came from dividends?
About 100% of its yearly return since Sep 2016. Reinvesting them, rather than taking cash, left you $1,294 better off on a $10,000 start.
What was OPP's worst year?
2022, at -28.2% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -35.1%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.