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    RiverNorth Doubleline Strategic Inc I (RNSIX)

    10.85 Up 0.01(0.09%) Dec 24

    Profile as of Nov 29, 2014Get Profile for:
    RiverNorth Doubleline Strategic Inc I
    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:1.51B
    Year-to-Date Return:8.69%
    Yield:5.79%
    Morningstar Rating:4 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 
    Jeffrey Gundlach
    Lead Manager since Dec 30, 2010
    Mr. Gundlach is the co-founder, Chief Executive Officer and Chief Investment Officer of DoubleLine. He was formerly associated with TCW where he was Chief Investment Officer and head of fixed income activities. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.
    Investment Information 
    Min Initial Investment:100,000
    Min Initial Investment, IRA:100,000
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:N/A
    RNSIX can be purchased from 87 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. There is no set minimum for any strategy. The amount allocated to any individual strategy may be between 0% and 100%.

    Fund Operations 
    Last Dividend (Nov 25, 2014) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 22, 2014) : 56.00%
    Average for Category:79.58%
    Fees & Expenses 
    ExpenseRNSIXCategory Avg
    Annual Report Expense Ratio (net):0.91%1.06%
    Prospectus Net Expense Ratio:1.15%N/A
    Prospectus Gross Expense Ratio:1.15%N/A
    Max 12b1 Fee:0.00%N/A
    Max Front End Sales Load:N/A4.13%
    Max Deferred Sales Load: N/A1.97%
    3 Yr Expense Projection*:356522
    5 Yr Expense Projection*:617850
    10 Yr Expense Projection*:1,3621,748
    * Per $10,000 invested