RiverNorth/Manning & Napier Dividend Income Fund

Class Retirement (RNMNX)

U.S. News evaluated 496 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

Trailing Returns Updated 05.31.2013
Year to date 13.6%
1 Year N/A
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 dividend paying securities, including common stocks, preferred stock, shares of closed-end funds, shares of exchange-traded funds and shares of other investment companies. Its adviser allocates the fund's assets among two principal strategies: a Tactical Closed-End Fund Equity strategy and a Dividend Focus strategy.

Fees

Fees are High compared to funds in the same category.
RiverNorth/Manning & Napier Dividend Income Fund has an expense ratio of 1.60 percent.

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Risk

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

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