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    RiverNorth Core Opportunity R (RNCOX)

    11.25 Down 0.02(0.18%) Nov 30

    Profile as of Oct 30, 2015Get Profile for:
    RiverNorth Core Opportunity R
    RiverNorth Funds325 N Lasalle St. Suite 645Chicago, IL 60654
    Phone: 888-848-7569
    Fund Overview 
    Category:Moderate Allocation
    Fund Family:RiverNorth Funds
    Net Assets:745.18M
    Year-to-Date Return:-3.43%
    Morningstar Rating:2 stars
    Fund Inception Date:Dec 27, 2006
    Morningstar Style Box 
    Moderate Allocation
    [View Category Definition]
    View Top Moderate Allocation Funds
    About the Morningstar Style Box
    Management Information 
    Stephen O’Neill
    Lead Manager since Dec 31, 2008
    Mr. O’Neill is a Portfolio Manager and Trader at RiverNorth. He co-manages the firm’s closed-end fund trading strategies. Mr. O'Neill is a member of the asset allocation team and helps to oversee the research analysts. Prior to joining RiverNorth, he was an Assistant Vice President at Bank of America in the Global Investment Bank’s Portfolio Management group. At Bank of America, he specialized in the corporate real estate, asset management and structured finance industries. He graduated magna cum laude from Miami University in Oxford, Ohio with a B.S. in finance and a minor in Economics. He has received the Chartered Financial Analyst (CFA) designation, is a member of the CFA Institute, and is a member of the CFA Society of Chicago.
    Investment Information 
    Min Initial Investment:5,000
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:N/A
    RNCOX can be purchased from 128 brokerages.

    Fund 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.

    Fund Operations 
    Last Dividend (Sep 28, 2015) : 0.14
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Nov 26, 2015) : 46.00%
    Average for Category:34.80%
    Fees & Expenses 
    ExpenseRNCOXCategory Avg
    Annual Report Expense Ratio (net):1.37%0.89%
    Prospectus Net Expense Ratio:2.41%N/A
    Prospectus Gross Expense Ratio:2.41%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:N/A5.22%
    Max Deferred Sales Load: N/A2.27%
    3 Yr Expense Projection*:751562
    5 Yr Expense Projection*:1,285875
    10 Yr Expense Projection*:2,7421,739
    * Per $10,000 invested