RiverNorth Doubleline Strategic Income Fund Class I (RNSIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.85
+0.02 (0.23%)
Feb 4, 2025, 4:00 PM EST
1.61%
Fund Assets 1.28B
Expense Ratio 1.52%
Min. Investment $100,000
Turnover n/a
Dividend (ttm) 0.57
Dividend Yield 6.47%
Dividend Growth 27.85%
Payout Frequency Monthly
Ex-Dividend Date Jan 30, 2025
Previous Close 8.83
YTD Return 1.34%
1-Year Return 8.44%
5-Year Return 12.35%
52-Week Low n/a
52-Week High n/a
Beta (5Y) 0.32
Holdings 1270
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.

Fund Family RiverNorth Funds
Category Multisector Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RNSIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR

Performance

RNSIX had a total return of 8.44% in the past year. Since the fund's inception, the average annual return has been 4.78%, 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

22.64% of assets
Name Symbol Weight
State Street Treasury Fund TRIXX 5.34%
Us Treasury N/b - U.S. Treasury Note T 0.75 03.31.26 3.57%
RiverNorth/Oaktree High Income Fund Class I RNHIX 2.87%
Us Treasury N/b - U.S. Treasury Bond T 1.75 08.15.41 2.34%
Us Treasury N/b - U.S. Treasury Bond T 1.125 05.15.40 1.69%
PIMCO Income Strategy Fund II PFN 1.55%
Nuveen AMT-Free Quality Municipal Income Fund NEA 1.47%
PIMCO High Income Fund PHK 1.32%
Us Treasury N/b - U.S. Treasury Bond T 1.375 08.15.50 1.25%
Western Asset Inflation-Linked Opportunities & Income Fund WIW 1.24%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Aug 29, 2024 $0.04882 Aug 30, 2024
Full Dividend History