About RBNNX
Robinson Opportunistic Income Fund Institutional Class is a mutual fund designed to deliver a combination of current income and total return. Its primary function is to invest in a diversified basket of taxable bond and income-oriented equity closed-end funds, targeting consistent income with the potential for capital appreciation. The fund employs a flexible and opportunistic approach, allocating assets across various sectors of the bond market to adjust for changing market conditions while seeking to manage downside risk through broad diversification and proprietary risk management strategies. Notably, the fund focuses on purchasing closed-end funds trading at discounts to their underlying asset values, aiming to unlock additional value for its investors. It may also use hedging techniques, such as shorting futures contracts, to manage interest rate risk. The Robinson Opportunistic Income Fund typically maintains a portfolio of around 40 to 50 closed-end funds, but can also include ETFs, mutual funds, and exchange-traded notes. Its institutional share class features a relatively high minimum investment and expense ratio. This fund plays a specialized role in the market for investors seeking an actively managed, diversified vehicle for exposure to multiple income-generating sectors, particularly through the use of opportunistic strategies in closed-end fund investing.
Fund Family Liberty Street
Category Allocation--30% to 50% Equity
Performance Rating High
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol RBNNX
Share Class Institutional Class Shares
Index Bloomberg Global Aggregate Credit TR USDH
RBNNX had a total return of -5.12% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.27%.
