RiverNorth/Oaktree High Income Fund

U.S. News evaluated 82 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 7.20 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 3.2%
1 Year 7.2%
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 assets in income-producing securities and instruments including, but not limited to, corporate bonds (including high-yield, below investment grade bonds, which are sometimes referred to as "junk bonds"), government-issued bonds, convertible bonds, preferred stocks, senior loans, and shares of closed-end funds, exchange-traded funds (ETFs) and other investment companies that invest principally in fixed income securities.

Fees

Fees are Above Average compared to funds in the same category.
RiverNorth/Oaktree High Income Fund has an expense ratio of 1.35 percent.

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Risk

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

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