RiverNorth/Oaktree High Income Fund Class I (RNHIX)
| Fund Assets | 54.91M |
| Expense Ratio | 1.52% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 7.33% |
| Dividend Growth | 15.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2025 |
| Previous Close | 8.74 |
| YTD Return | 2.50% |
| 1-Year Return | 7.67% |
| 5-Year Return | 28.56% |
| 52-Week Low | 8.46 |
| 52-Week High | 8.96 |
| Beta (5Y) | 0.27 |
| Holdings | 407 |
| Inception Date | Dec 28, 2012 |
About RNHIX
RNHIX was founded on 2012-12-28. The Fund's investment strategy focuses on General Bond with 1.35% total expense ratio. The minimum amount to invest in RiverNorth Funds: RiverNorth/Oaktree High Income Fund; Class I Shares is $100,000 on a standard taxable account. RiverNorth Funds: RiverNorth/Oaktree High Income Fund; Class I Shares seeks overall total return consisting of long-term capital appreciation and income. RNHIX will invest at least 80% of its assets in income-producing securities and instruments including, but not limited to, corporate bonds, government-issued bonds, convertible bonds, preferred stocks, and senior loans.
Performance
RNHIX had a total return of 7.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.19%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RNOTX | Class R | 1.77% |
Top 10 Holdings
17.37% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Treasury Fund | TRIXX | 8.16% |
| Blue Owl Capital Corp. | OBDC.3.125 04.13.27 * | 2.13% |
| Franklin BSP Capital Corp. | FRBP.3.25 03.30.26 | 1.14% |
| Franklin BSP Capital Corp. | FRBP.7.2 06.15.29 144A | 1.11% |
| Western Asset Inflation-Linked Opportunities & Income Fund | WIW | 1.02% |
| Celanese US Holdings LLC | CE.6.75 04.15.33 | 0.93% |
| Blue Owl Capital Corp. | n/a | 0.90% |
| Blackrock Tcp Cap Corp - BlackRock TCP Capital Corp. | TCPC.6.95 05.30.29 | 0.70% |
| Bausch Health Cos Inc - Bausch Health Cos., Inc. | n/a | 0.68% |
| Abrdn Income Credit Strategies Fund | ACP | 0.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2025 | $0.05275 | May 30, 2025 |
| Apr 29, 2025 | $0.05255 | Apr 30, 2025 |
| Mar 28, 2025 | $0.05297 | Mar 31, 2025 |
| Feb 27, 2025 | $0.05368 | Feb 28, 2025 |
| Jan 30, 2025 | $0.05361 | Jan 31, 2025 |
| Dec 30, 2024 | $0.05341 | Dec 31, 2024 |