Morningstar

RiverNorth Doubleline Strategic Income Fund Class I RNSIX

Morningstar Medalist Rating
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Medalist Rating as of See RiverNorth Investment Hub
  • NAV / 1-Day Return $8.38  /  +0.12 %
  • Fund Size $808.4M
  • Adjusted Expense Ratio 1.200%
  • Net Expense Ratio 0.930%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 6.81%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis RNSIX

Will RNSIX outperform in the 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 RNSIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RNSIX 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 RNSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

RiverNorth Doubleline Strategic Inc I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings RNSIX

More RNSIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RiverNorth/Oaktree High Income I

4.55 40M
—

State Street Instl Treasury MMkt Premier

2.52 22M
Cash and Equivalents

United States Treasury Bonds 4.25%

2.18 19M
Government

Government National Mortgage Association 3.5%

1.78 16M
Securitized

United States Treasury Notes 0.88%

1.52 13M
Government

BlackRock Corporate High Yield Fund Inc

1.50 13M
—

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND

1.37 12M
—

PGIM Short Duration High Yield Opportunities

1.17 10M
—

BlackRock TCP Capital Corp. 6.95%

1.12 10M
Corporate

Blue Owl Technology Finance Corp. 6.1%

1.06 9M
Corporate

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