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    RiverNorth Doubleline Strategic Inc I (RNSIX)

    10.37 Up 0.01(0.10%) Apr 29

    Profile as of Mar 30, 2016Get 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:1.95B
    Year-to-Date Return:2.35%
    Yield:6.30%
    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 
    Patrick W. Galley
    Lead Manager since Dec 30, 2010
    Mr. Galley is the Chief Investment Officer for RiverNorth. He heads the firm’s research and investment team and oversees all portfolio management activities. He also serves as the President and Chairman of RiverNorth Funds. Prior to joining RiverNorth in 2004, he was a Vice President at Bank of America in the Global Investment Bank’s Portfolio Management group. At Bank of America, he specialized in analyzing and structuring corporate transactions for investment management firms in addition to closed-end and open-end funds, hedge funds, fund of funds, structured investment vehicles and insurance/reinsurance companies. Mr. Galley graduated with honors from Rochester Institute of Technology with a B.S. in Finance. 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:100,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    RNSIX can be purchased from 95 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 (Apr 27, 2016) : 0.05
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Apr 27, 2016) : 29.00%
    Average for Category:82.66%
    Fees & Expenses 
    ExpenseRNSIXCategory Avg
    Annual Report Expense Ratio (net):0.86%1.29%
    Prospectus Net Expense Ratio:1.40%N/A
    Prospectus Gross Expense Ratio:1.40%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.21%
    Max Deferred Sales Load: N/A1.83%
    3 Yr Expense Projection*:443526
    5 Yr Expense Projection*:765836
    10 Yr Expense Projection*:1,6781,730
    * Per $10,000 invested