RiverNorth Doubleline Strategic Income Fund Class I (RNSIX)
| Fund Assets | 1.28B |
| Expense Ratio | 1.52% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 6.47% |
| Dividend Growth | 26.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2025 |
| Previous Close | 8.88 |
| YTD Return | 2.48% |
| 1-Year Return | 8.06% |
| 5-Year Return | 16.02% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.34 |
| Holdings | 1341 |
| Inception Date | Dec 30, 2010 |
About RNSIX
The Fund's investment strategy focuses on General Bond with 0.87% total expense ratio. The minimum amount to invest in RiverNorth Funds: RiverNorth/DoubleLine Strategic Income Fund; Class I Shares is $100,000 on a standard taxable account. RiverNorth Funds: RiverNorth/DoubleLine Strategic Income Fund; Class I Shares seeks for current income and overall total return. RNSIX's adviser allocates the Fund's assets among three principal strategies: Tactical Closed-end Fund Income strategy, Core Fixed Income strategy, and Opportunistic Income strategy.
Performance
RNSIX had a total return of 8.06% in the past year. Since the fund's inception, the average annual return has been 4.83%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RNDLX | Class R | 1.77% |
Top 10 Holdings
17.97% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Treasury Fund | TRIXX | 4.13% |
| RiverNorth/Oaktree High Income Fund Class I | RNHIX | 3.03% |
| Chicago Board of Trade - US 2Yr Note Future | TUH5 | 1.68% |
| PIMCO Income Strategy Fund II | PFN | 1.61% |
| Nuveen AMT-Free Quality Municipal Income Fund | NEA | 1.45% |
| PIMCO High Income Fund | PHK | 1.34% |
| Western Asset Inflation-Linked Opportunities & Income Fund | WIW | 1.22% |
| Nuveen AMT-Free Municipal Credit Income Fund | NVG | 1.18% |
| Us Treasury N/b - U.S. Treasury Bond | T 1.375 08.15.50 | 1.16% |
| Us Treasury N/b - U.S. Treasury Note | T 0.75 01.31.28 | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2025 | $0.04855 | Feb 28, 2025 |
| Jan 30, 2025 | $0.04795 | Jan 31, 2025 |
| Dec 30, 2024 | $0.04768 | Dec 31, 2024 |
| Nov 27, 2024 | $0.04838 | Nov 29, 2024 |
| Oct 30, 2024 | $0.04823 | Oct 31, 2024 |
| Sep 27, 2024 | $0.04922 | Sep 30, 2024 |