RiverNorth Core Opportunity Fund Class R (RNCOX)
| Fund Assets | 15.29M |
| Expense Ratio | 4.31% |
| Min. Investment | $5,000 |
| Turnover | 41.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | 48.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.91 |
| YTD Return | 8.59% |
| 1-Year Return | 10.58% |
| 5-Year Return | 65.96% |
| 52-Week Low | 6.83 |
| 52-Week High | 7.99 |
| Beta (5Y) | 0.61 |
| Holdings | 41 |
| Inception Date | Dec 27, 2006 |
About RNCOX
RiverNorth Core Opportunity Fund Class R is a diversified mutual fund focused on delivering long-term capital appreciation and income. Managed by RiverNorth Capital Management, the fund employs a multi-asset approach, strategically allocating assets across equities, fixed income securities, and closed-end funds. This blend aims to balance growth potential and income generation while mitigating risk through diversification. The fund typically fits within the global moderately conservative allocation category, which seeks to preserve capital with an equity exposure generally ranging from 30% to 50%. This profile makes it relevant for investors seeking a balanced solution that can weather various market environments. Notable characteristics of the RiverNorth Core Opportunity Fund Class R include its flexible, opportunistic investment style and its use of closed-end funds, which allows it to capture value in niche market segments. The fund has a longstanding track record, having been established in 2006. As of mid-2025, there are plans underway to convert the fund into an actively managed exchange-traded fund (ETF) structure—pending shareholder approval—which may provide additional benefits such as enhanced tax efficiency and trading flexibility while maintaining its core investment strategy.
Performance
RNCOX had a total return of 10.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.73%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RNCIX | Class I | 4.05% |
Top 10 Holdings
64.06% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Treasury Fund | TRIXX | 13.39% |
| Pershing Square Holdings, Ltd. | PSH | 11.06% |
| BlackRock Capital Allocation Term Trust | BCAT | 7.23% |
| BlackRock ESG Capital Allocation Term Trust | ECAT | 7.13% |
| iShares Flexible Income Active ETF | BINC | 5.56% |
| Nuveen Municipal Value Fund, Inc. | NUV | 5.32% |
| Saba Capital Income & Opportunities Fund II | SABA | 4.38% |
| Western Asset Inflation-Linked Opportunities & Income Fund | WIW | 3.76% |
| Blackrock Resources & Commodities Strategy Trust | BCX | 3.22% |
| Calamos Long/Short Equity & Dynamic Income Term Trust | CPZ | 3.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 30, 2025 | $0.04479 | Jul 31, 2025 |
| Jun 27, 2025 | $0.04258 | Jun 30, 2025 |
| May 29, 2025 | $0.04181 | May 30, 2025 |
| Apr 29, 2025 | $0.04053 | Apr 30, 2025 |
| Mar 28, 2025 | $0.04135 | Mar 31, 2025 |
| Feb 27, 2025 | $0.04245 | Feb 28, 2025 |