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    RiverNorth Doubleline Strategic Inc R (RNDLX)

    10.00 Down 0.04(0.40%) Feb 11

    Profile as of Jan 30, 2016Get Profile for:
    RiverNorth Doubleline Strategic Inc R
    RiverNorth Funds325 N Lasalle St. Suite 645Chicago, IL 60654
    Map
    Phone: 888-848-7569
    Fund Overview 
    Category:Multisector Bond
    Fund Family:RiverNorth Funds
    Net Assets:1.89B
    Year-to-Date Return:-0.29%
    Yield:5.80%
    Morningstar Rating:5 stars
    Fund Inception Date:Dec 30, 2010
    Morningstar Style Box 
    Multisector Bond
    [View Category Definition]
    View Top Multisector Bond Funds
    About the Morningstar Style Box
    Management Information 
    Stephen E. O’Neill
    Lead Manager since Dec 30, 2010
    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
    RNDLX can be purchased from 101 brokerages.

    Fund 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.

    Fund Operations 
    Last Dividend (Jan 27, 2016) : 0.05
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Feb 9, 2016) : 29.00%
    Average for Category:79.09%
    Fees & Expenses 
    ExpenseRNDLXCategory Avg
    Annual Report Expense Ratio (net):1.11%1.01%
    Prospectus Net Expense Ratio:1.65%N/A
    Prospectus Gross Expense Ratio:1.65%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:N/A4.19%
    Max Deferred Sales Load: N/A1.80%
    3 Yr Expense Projection*:520527
    5 Yr Expense Projection*:896841
    10 Yr Expense Projection*:1,9521,738
    * Per $10,000 invested