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Lipper
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Zacks Investment Research
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Standard & Poor's
1 / 5 Stars
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TheStreet.com
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U.S. News evaluated 79 Multisector Bond 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 10.32 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 3.2% |
| 1 Year | 10.3% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
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 Below Average compared to funds in the same category.
RiverNorth Doubleline Strategic Income Fund has an expense ratio of 0.90 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
