Mutual Funds
As of 6.30.2024 Standardized Performance as of 6.30.2024^
Fund Share Class NAV Ticker Subadviser Inception Date Asset Class/
Strategy
Distribution Frequency Total Fund Net Assets SEC 30-Day Yield1 YTD NAV Performance 1 Year 5 Year 10 Year Since Inception
RiverNorth Core Opportunity Fund I RNCIX - - 8.11.2014 Core Monthly $45.6M 5.1% 10.57% 17.97% 7.67% - - 6.80%
RiverNorth Core Opportunity Fund R RNCOX - - 12.27.2006 Core Monthly $45.6M 4.9% 10.42% 17.66% 7.39% 6.30% 7.51%
RiverNorth/DoubleLine Strategic Income Fund I RNSIX DoubleLine 12.30.2010 Opportunistic Fixed Income Monthly $1.2B 5.2% 3.37% 8.81% 2.18% 3.11% 4.62%
RiverNorth/DoubleLine Strategic Income Fund R RNDLX DoubleLine 12.30.2010 Opportunistic Fixed Income Monthly $1.2B 5.0% 3.24% 8.52% 1.92% 2.85% 4.37%
RiverNorth/Oaktree High Income Fund I RNHIX Oaktree 12.28.2012 Opportunistic Credit Monthly $54.2M 6.0%/6.4%^^ 2.62% 9.80% 3.47% 3.49% 4.01%
RiverNorth/Oaktree High Income Fund R RNOTX Oaktree 12.28.2012 Opportunistic Credit Monthly $54.2M 5.8%/6.2%^^ 2.61% 9.66% 3.24% 3.23% 3.76%

^ Periods greater than one year are annualized.

^^ Unsubsidized/Subsidized SEC Yield

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.

RNCIX/RNCOX: The expense ratio as disclosed in the Fund’s annual report dated 9.30.2022 is 1.39% (RNCIX) and 1.64% (RNCOX), which only includes the direct expenses paid by shareholders from their investment. The expense ratio as disclosed in the Fund’s prospectus dated 1.28.2022 is 3.06% (RNCIX) and 3.31% (RNCOX), which is required to include the indirect expenses of investing in underlying funds.

RNSIX/RNDLX: The expense ratio as disclosed in the Fund’s annual report dated 9.30.2022 is 0.87% (RNSIX) and 1.12% (RNDLX), which only includes the direct expenses paid by shareholders from their investment. The expense ratio as disclosed in the Fund’s prospectus dated 1.28.2022 is 1.17% (RNSIX) and 1.42% (RNDLX), which is required to include the indirect expenses of investing in underlying funds.

RNHIX/RNOTX: The expense ratio as disclosed in the Fund’s annual report dated 9.30.2022 is 1.35% (RNHIX) and 1.60% (RNOTX), which only includes the direct expenses paid by shareholders from their investment. The expense ratio as disclosed in the Fund's prospectus dated 1.28.2022 is 1.81% (RNHIX) and 2.06% (RNOTX), which 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 1.31.2023.

Fund Risks

Detailed information regarding each RiverNorth Fund’s risks can be found in the Fund’s prospectus.

RNCIX/RNCOX: The principal fund risks are Borrowing Risk, Closed-End Fund Risk, Convertible Security Risk, Derivatives Risk, Equity Risk, Exchange Traded Note Risk, Fixed Income Risk, Foreign/Emerging Market Risk, Investment Style Risk, Large Shareholder Purchase and Redemption Risk, Management Risk, Market Risk, Preferred Stock Risk, REIT Risk, Security Risk, Short Sale Risk, Small-Cap Risk, Structured Notes Risk, Swap Risk, Tax Risk, Underlying Fund Risk.

RNSIX/RNDLX: The principal fund risks are Asset-Backed Security Risk, Borrowing Risk, Closed-End Fund Risk, Convertible Security Risk, Currency Risk, Defaulted Securities Risk, Derivatives Risk, Equity Risk, Exchange Traded Note Risk, Fixed Income Risk, Foreign/Emerging Market Risk, Investment Style Risk, Liquidity Risk, Large Shareholder Purchase and Redemption Risk, Management Risk, Market Risk, Mortgage-Backed Security Risk, Preferred Stock Risk, Rating Agency Risk, REIT Risk, Security Risk, Structured Notes Risk, Swap Risk, Tax Risk, Underlying Fund Risk, Valuation Risk.

RNHIX/RNOTX: The principal fund risks are Borrowing Risk, Closed-End Fund Risk, Convertible Security Risk, Credit Derivatives Risk, Currency Risk, Derivatives Risk, Distressed and Defaulted Securities Risk, Equity Risk, Exchange Traded Note Risk, Fixed Income Risk, Foreign/Emerging Market Risk, Floating Interest Rate Risk, Investment Style Risk, Large Shareholder Purchase and Redemption Risk, Liquidity Risk, Loans Risk, Management Risk, Market Risk, Preferred Stock Risk, Security Risk, Swap Risk,Tax Risk, Underlying Fund Risk, Valuation Risk.

Diversification does not ensure a profit or guarantee against loss.

This information does not constitute an offer to sell, or a solicitation of an offer to purchase any securities mentioned.

1 30-Day SEC Yield: The yield figure reflects the dividends and interest earned during the period, after the deduction of the Funds' expenses. Unsubsidized SEC Yield: The yield excludes contractual expense reimbursements, resulting in a lower yield.

Investors should consider the investment objective, risks, and charges and expenses of RiverNorth's mutual funds carefully before investing. To obtain a prospectus containing this and other important information, please call 888.848.7569 or visit rivernorth.com. Please read the prospectus carefully before investing.

RiverNorth's mutual funds are distributed by ALPS Distributors, Inc. Member FINRA. ALPS Distributors, Inc. is unaffiliated with RiverNorth Capital Management, LLC, DoubleLine Capital LP or Oaktree Capital Management, L.P.

Investing involves risk and the potential loss of capital.