City National Rochdale Select Strategies Fund Class 1 (CNRLX)
| Fund Assets | n/a |
| Expense Ratio | 0.98% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 4.13% |
| Dividend Growth | 44.72% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 16.55 |
| YTD Return | 0.49% |
| 1-Year Return | 9.58% |
| 5-Year Return | n/a |
| 52-Week Low | 14.87 |
| 52-Week High | 16.55 |
| Beta (5Y) | -0.03 |
| Holdings | 20 |
| Inception Date | n/a |
About CNRLX
The City National Rochdale Select Strategies Fund is a non-diversified, closed-end interval fund managed by City National Rochdale, LLC. Its primary objective is to deliver total return through a combination of income and capital appreciation. The fund distinguishes itself by focusing on reinsurance-linked investments, providing investors exposure to the insurance risk of natural catastrophes such as hurricanes and earthquakes. It invests significantly in structured reinsurance instruments, including equity-linked notes and preferred shares issued by special purpose vehicles, which are tied to industry loss warranties and catastrophe bonds. These instruments serve as essential tools in the insurance-linked securities (ILS) market, offering portfolio diversification that is generally less correlated with traditional equities and fixed income assets. The fund utilizes both quantitative modeling and qualitative analysis from leading catastrophe risk firms in its investment selection process, aiming for a balanced approach to risk and reward. With a dedicated focus on alternative risk transfer and catastrophe risk, the City National Rochdale Select Strategies Fund serves as a specialized vehicle for institutional and individual investors seeking differentiated sources of return within the broader fixed income and alternative investments landscape.
Performance
CNRLX had a total return of 9.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.26%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.6842 | Dec 30, 2025 |
| Dec 23, 2024 | $0.47279 | Dec 24, 2024 |
| Dec 21, 2023 | $0.04304 | Dec 22, 2023 |