You are leaving www.rivernorth.com and will be redirected to an external website. RiverNorth is not responsible for the content of external websites.
CONTACT & MORE
The RiverNorth Core Opportunity Fund seeks to provide investors with total return consisting of long-term capital appreciation and income.
The RiverNorth/DoubleLine Strategic Income Fund seeks to provide current income and overall total return.
The RiverNorth/Oaktree High Income Fund seeks to provide investors with overall total return consisting of long-term capital appreciation and income.
NET ASSET VALUE
|2016 Q4 as of 12.31.2016
Average Annual Total Returns
|Share Class | Symbol | Incep Date | Category||Current
|YTD||1 Year||3 Year||5 Year||Since
|RiverNorth Core Opportunity Fund »The RiverNorth Core Opportunity Fund seeks to provide investors with total return consisting of long-term capital appreciation and income.|
|Class I | RNCIX | 8.11.14 | Multi-Asset||$11.77||0.00%||4.90%||12.46%||- -||- -||2.77%|
|Class R | RNCOX | 12.27.06 | Multi-Asset||$11.76||0.00%||4.81%||12.17%||3.91%||8.20%||7.26%|
|RiverNorth/DoubleLine Strategic Income Fund »The RiverNorth/DoubleLine Strategic Income Fund seeks to provide current income and overall total return.|
|Class I | RNSIX | 12.30.10 | Fixed Income||$10.55||0.09%||1.30%||8.40%||5.56%||5.84%||6.72%|
|Class R | RNDLX | 12.30.10 | Fixed Income||$10.57||0.09%||1.36%||8.01%||5.25%||5.57%||6.46%|
|RiverNorth/Oaktree High Income Fund »The RiverNorth/Oaktree High Income Fund seeks to provide investors with overall total return consisting of long-term capital appreciation and income.|
|Class I | RNHIX | 12.28.12 | Credit||$9.64||0.10%||1.65%||13.05%||4.02%||- -||4.46%|
|Class R | RNOTX | 12.28.12 | Credit||$9.63||0.10%||1.61%||12.80%||3.72%||- -||4.19%|
Performance data quoted represents past performance, which is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. You can obtain performance data current to the most recent month end by calling (888) 848-7569. Total return measures net investment income and capital gain or loss from portfolio investments. All performance shown assumes reinvestment of dividends and capital gains distributions.
The expense ratio as disclosed in the Fund's annual report dated 9.30.2015 is 1.11% (RNCIX), 1.35% (RNCOX), 0.86% (RNSIX), 1.11% (RNDLX), 1.35% (RNHIX) and 1.60% (RNOTX) and only includes the direct expenses paid by shareholders from their investment. The total expense ratio as disclosed in the Fund's prospectus dated 1.28.2016 is 2.36% (RNCIX), 2.60% (RNCOX), 1.40% (RNSIX), 1.65% (RNDLX), 1.82% (RNHIX) and 2.07% (RNOTX) and is required to include the indirect expenses of investing in underlying funds.
The adviser has contractually agreed to defer the collection of fees and/or reimburse expenses, but only to the extent necessary to limit Total Annual Fund Operating Expenses (excluding brokerage fees and commissions; borrowing costs, such as (a) interest and (b) dividends on securities sold short; taxes; indirect expenses incurred by the Underlying Funds in which the Fund invests; and extraordinary expenses) to 1.35% (RNHIX) and 1.60% (RNOTX) of the average daily net assets of the Fund through 1.31.2017.
This site does not constitute an offer to sell or a solicitation of an offer to buy shares of the Funds in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
An investor should consider the investment objective, risks, and charges and expenses of RiverNorth's open-end mutual funds carefully before investing. RiverNorth open-end mutual fund prospectuses contain this and other information about RiverNorth's open-end mutual funds and should be read carefully before investing. An investor can obtain a copy of RiverNorth open-end mutual fund prospectuses at rivernorth.com/literature or by calling (888) 848-7569.
An investment in the Funds involves risk, including loss of principal.
©2006-2017 RiverNorth Funds. All rights reserved.
The website is controlled and operated by RiverNorth Capital Management, LLC from its offices within the State of Illinois, United States of America. RiverNorth® makes no representation that materials on the site are appropriate or available for use in other locations, and access to them from territories where their content is illegal is prohibited. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject RiverNorth or its affiliates to any registration requirement within such jurisdiction. Shares in the RiverNorth funds are offered by prospectus only. RiverNorth private funds are only available to suitable, accredited or qualified investors via effective offering memoranda.
NOT FDIC INSURED * NO BANK GUARANTEE * MAY LOSE VALUE
NOTHING IN THIS WEBSITE IS INTENDED TO BE, AND YOU SHOULD NOT CONSIDER ANYTHING IN THIS WEBSITE TO BE, INVESTMENT, ACCOUNTING, TAX OR LEGAL ADVICE. IF YOU WOULD LIKE INVESTMENT, ACCOUNTING, TAX OR LEGAL ADVICE, YOU SHOULD CONSULT WITH YOUR OWN FINANCIAL ADVISORS, ACCOUNTANTS, OR ATTORNEYS REGARDING YOUR INDIVIDUAL CIRCUMSTANCES AND NEEDS.
Business Continuity - RiverNorth Capital Management, LLC maintains a business continuity plan designed to minimize disruption in services and allow for the restoration of critical resources should access to our offices or systems become unavailable. This plan identifies mission critical processes and provides for their recovery in the event of various types of business interruptions. This plan is continually evaluated and amended as necessary to ensure that the impact of any business interruption is minimized.
Information on this website is provided "AS IS" without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. The data set forth on this website is for informational purposes only, and no warranty is made that the information is error-free.
IN NO EVENT WILL RIVERNORTH CAPITAL MANAGEMENT, LLC BE LIABLE TO ANY PARTY FOR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES ARISING OUT OF ANY USE OF THIS WEBSITE, OR ANY OTHER HYPER-LINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR DATA ON YOUR EQUIPMENT, OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OR LIKELIHOOD OF SUCH DAMAGES.
Information on this website may contain inaccuracies or errors. Information may be changed or updated without notice. We have no obligation to update information presented on this website, so information contained herein may be out of date at any given time. We may also make improvements and/or changes in the strategies and/or programs described in this information without notice.
All materials on the website are meant to be reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or disclosures, and any copyright or proprietary notices. Any disclaimers, restrictions or disclosures apply to any partial document or material in the same manner as they do the whole, and will be deemed incorporated in the portion of any material or document that you consult or download.
and the RN Logo are registered trademarks of RiverNorth Capital Management, LLC.
©2000-2017 RiverNorth Capital Management, LLC. All rights reserved.