RiverNorth Doubleline Strategic Income Fund

Scorecard
4 / 5 Stars
Lipper
5 5 4 1 1
Zacks Investment Research
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Standard & Poor's
4 / 5 Stars
TheStreet.com
A+ (Buy)

U.S. News evaluated 80 Multisector Bond 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 9.27 percent over the past year, and 8.44 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 7.9%
1 Year 9.3%
3 Years (Annualized) 8.4%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks current income and overall total return. The fund's advisers allocate its assets among three principal strategies: Tactical Closed-end Fund Income strategy, Core Fixed Income strategy, and Opportunistic Income strategy. The amount allocated to each of the principal strategies may change depending on the adviser's assessment of market risk, security valuations, market volatility, and the prospects for earning income and total return. There is no set minimum for any strategy. The amount allocated to any individual strategy may be between 0% and 100%.

Fees

Fees are Low compared to funds in the same category.
RiverNorth Doubleline Strategic Income Fund has an expense ratio of 0.89 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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