About RNSIX
RiverNorth/DoubleLine Strategic Income Fund Class I is an open-end mutual fund designed to provide current income and overall total return through a diversified approach to fixed income investing. The fund employs a multi-strategy allocation, dividing assets among tactical closed-end fund income, core fixed income, and opportunistic income strategies. This diversified methodology allows the fund to access a broad spectrum of income-generating securities, spanning government, municipal, mortgage-backed, and corporate bonds, as well as income-focused closed-end funds. The fund’s holdings are actively managed to adapt to shifting market conditions, utilizing the combined expertise of RiverNorth Capital Management and DoubleLine Capital. Notably, the fund targets investors seeking regular income, highlighted by its monthly dividend distribution and a documented focus on both yield and total return. The fund’s institutional share class carries a minimum investment threshold and is typically positioned for high-net-worth individuals and institutional clients. With a history dating back to 2010, the fund has established a significant presence in the market for strategic income solutions, managing over $1 billion in assets as of mid-2025.
Fund Family RiverNorth Funds
Category Multisector Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RNSIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
RNSIX had a total return of -0.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.58%.
