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Morningstar

RiverNorth Core Opportunity R RNCOX

Morningstar Medalist Rating
Medalist Rating as of | See RiverNorth Investment Hub
  • NAV / 1-Day Return 7.27  /  +0.83 %
  • Total Assets 45.5 Mil
  • Adj. Expense Ratio
    3.920%
  • Expense Ratio 3.920%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.72%
  • Turnover 60%

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0

Morningstar’s Analysis RNCOX

Will RNCOX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RNCOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RNCOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RNCOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

RiverNorth Core Opportunity R's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RNCOX

More RNCOX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 56.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock ESG Capital Allocation Term

10.05 4.6 Mil
—

Pershing Sq Hldgs

9.97 4.5 Mil
—

BlackRock Capital Allocation Term ord

9.52 4.3 Mil
—

BlackRock Flexible Income ETF

4.67 2.1 Mil
—

State Street Instl Treasury MMkt Premier

4.41 2.0 Mil
Cash and Equivalents

Nuveen Variable Rate Pref & Inc Fund

3.97 1.8 Mil
—

FIRST TRUST HY OPPORTUNITIES 2027 TERM

3.91 1.8 Mil
—

First Trust New Opps MLP & Energy

3.68 1.7 Mil
—

Western Asset Infl-Linked Opps & Inc Fd

3.65 1.7 Mil
—

Nuveen Municipal Value

3.49 1.6 Mil
—