RiverNorth Equity Opportunity Fund

U.S. News evaluated 492 Large Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 17.01 percent over the past year.

Trailing Returns Updated 03.31.2014
Year to date 2.1%
1 Year 17.0%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks overall total return consisting of long-term capital appreciation and income. The fund normally will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities, including common stocks, preferred stock, shares of closed-end funds, shares of exchange-traded funds and shares of other investment companies. The adviser may liquidate positions in order to implement a change in the adviser's overall asset allocation or to generate cash to invest in more attractive opportunities.

Fees

Fees are Above Average compared to funds in the same category.
RiverNorth Equity Opportunity Fund has an expense ratio of 1.35 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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