Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
RiverNorth Core Opportunity R RNCOX
- NAV / 1-Day Return 7.53 / +0.13 %
- Total Assets 45.1 Mil
-
Adj. Expense Ratio
- 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 4.18%
- Turnover 60%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 56.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Pershing Sq Hldgs | 10.65 | 5.0 Mil | — |
BlackRock ESG Capital Allocation Term | 10.39 | 4.9 Mil | — |
BlackRock Capital Allocation Term ord | 9.16 | 4.3 Mil | — |
BlackRock Flexible Income ETF | 4.50 | 2.1 Mil | — |
Nuveen Variable Rate Pref & Inc Fund | 4.14 | 2.0 Mil | — |
First Trust New Opps MLP & Energy | 3.93 | 1.9 Mil | — |
FIRST TRUST HY OPPORTUNITIES 2027 TERM | 3.93 | 1.9 Mil | — |
State Street Instl Treasury MMkt Premier | 3.89 | 1.8 Mil | Cash and Equivalents |
Western Asset Infl-Linked Opps & Inc Fd | 3.49 | 1.6 Mil | — |
Nuveen Municipal Value | 3.40 | 1.6 Mil | — |