Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
City National Rochdale Muni Hi Inc Svc CNRMX
- NAV / 1-Day Return 9.21 / +0.01 %
- Total Assets 934.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.840%
- Distribution Fee Level High
- Share Class Type No Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 4.13%
- Effective Duration 8.10 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis CNRMX
Will CNRMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784% | 1.10 | 10.6 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5% | 1.03 | 10.0 Mil | municipal |
CHICAGO ILL 6% | 0.97 | 9.4 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.91 | 8.8 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25% | 0.76 | 7.4 Mil | municipal |
WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y TOBACCO SETTLEMENT ASSET | 0.72 | 7.0 Mil | municipal |
ILLINOIS FIN AUTH REV 4% | 0.67 | 6.5 Mil | municipal |
CHICAGO ILL O HARE INTL ARPT REV 5% | 0.67 | 6.5 Mil | municipal |
NORTH TEX TWY AUTH REV 7% | 0.66 | 6.4 Mil | municipal |
PUBLIC FIN AUTH WIS REV 5% | 0.59 | 5.7 Mil | municipal |