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 | 7.30% |
| Dividend Growth | 20.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2025 |
| Previous Close | 8.83 |
| YTD Return | 1.56% |
| 1-Year Return | 7.66% |
| 5-Year Return | 28.74% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.36 |
| Holdings | 397 |
| 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 7.66% in the past year. Since the fund's inception, the average annual return has been 4.20%, including dividends.
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
17.71% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Treasury Fund | TRIXX | 7.88% |
| Blue Owl Cap Corp Iii - Blue Owl Capital Corp. III | OBDE 3.125 04.13.27 * | 2.10% |
| FS KKR Capital Corp. | FSK 4.125 02.01.25 | 1.79% |
| Franklin BSP Capital Corp. | FRBP 3.25 03.30.26 | 1.13% |
| Franklin BSP Capital Corp. | FRBP 7.2 06.15.29 144A | 1.10% |
| Western Asset Inflation-Linked Opportunities & Income Fund | WIW | 0.95% |
| Blue Owl Capital Corp. | OBDC 3.75 07.22.25 | 0.89% |
| Carnival Corp. | CCL 10.5 06.01.30 144A | 0.63% |
| Abrdn Income Credit Strategies Fund | ACP | 0.62% |
| Venture Global Lng Inc - Venture Global LNG, Inc. | VENLNG 8.375 06.01.31 144A | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2025 | $0.05368 | Feb 28, 2025 |
| Jan 30, 2025 | $0.05361 | Jan 31, 2025 |
| Dec 30, 2024 | $0.05341 | Dec 31, 2024 |
| Nov 27, 2024 | $0.0538 | Nov 29, 2024 |
| Oct 30, 2024 | $0.05376 | Oct 31, 2024 |
| Sep 27, 2024 | $0.05412 | Sep 30, 2024 |