About RIMOX
City National Rochdale Fixed Income Opportunities Fund Class N is an open-end mutual fund focused on generating a high level of current income. The fund employs a diversified investment strategy by allocating its assets across a wide spectrum of income-yielding securities, including high yield corporate bonds, fixed and floating rate loans to both U.S. and foreign borrowers, as well as asset-backed, convertible, and alternative fixed income instruments. Its portfolio exhibits a notable exposure to sectors such as financials, industrials, consumer discretionary, energy, and communication services, reflecting a blend of domestic and international credit opportunities. With a weighted average duration of approximately two years, the fund aims to manage interest rate sensitivity while seeking enhanced yield, particularly through significant holdings in below-investment-grade debt and emerging markets high yield securities. Managed by City National Rochdale, LLC, the fund emphasizes diversification across more than a thousand securities, making it a relevant choice for those looking to access a broad, actively managed fixed income portfolio adaptable to varying market cycles and credit environments.
Fund Family City National Rochdale
Category High Yield Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RIMOX
Share Class Class N
Index Index is not available on Lipper Database
RIMOX had a total return of 5.33% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.60%.
