4 / 5 Stars
5 5 3 1 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#104 in Moderate Allocation
U.S. News evaluated 233 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 16.77 percent over the past year, 9.71 percent over the past three years, and 14.35 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.3%|
|3 Years (Annualized)||9.7%|
|5 Years (Annualized)||14.4%|
|10 Years (Annualized)||N/A|
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 are Above Average compared to funds in the same category.
RiverNorth Core Opportunity Fund has an expense ratio of 1.35 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.