| Scorecard |
|---|
|
5 / 5 Stars
|
|
Lipper
5
5
3
1
2
|
|
Zacks Investment Research
3
(Hold)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
C
(Hold)
|
#50 in Moderate Allocation
U.S. News evaluated 279 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all RiverNorth Funds funds
Performance
The fund has returned 12.32 percent over the past year, 9.60 percent over the past three years, and 8.60 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 7.8% |
| 1 Year | 12.3% |
| 3 Years (Annualized) | 9.6% |
| 5 Years (Annualized) | 8.6% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks long-term capital appreciation and income. The fund's adviser allocates its investments among equities, fixed income securities, and cash and cash equivalents. It typically invests more than 50% of its assets in underlying funds. The remaining portion of its assets will be invested in individual equity and debts and alternative assets, such as "REITs", limited partnerships and structured securities, collateralized mortgage and debt obligations. The fund may invest directly in exchange-traded notes ("ETNs"), structured notes, equity and debt securities of U.S. corporate issuers, and U.S. government securities.
Fees
Fees are Above Average compared to funds in the same category.
RiverNorth Core Opportunity Fund has an expense ratio of 1.36 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
