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RiverNorth/Oaktree High Income I RNHIX

Medalist Rating as of | See RiverNorth Investment Hub
  • NAV / 1-Day Return 8.79  /  0.00
  • Total Assets 54.4 Mil
  • Adj. Expense Ratio
    2.020%
  • Expense Ratio 2.020%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.10%
  • Effective Duration 2.84 years

USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:14 AM GMT+0

Morningstar’s Analysis RNHIX

Will RNHIX outperform in future?

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

RiverNorth/ Oaktree High Income I earns a Morningstar Medalist Rating of Negative with strength in areas such as People offset by weaker spots such as Process.

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 highest quintile among peers.

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Portfolio Holdings RNHIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 14.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

15.93 8.6 Mil
Cash and Equivalents

Western Asset High Income Opp

2.42 1.3 Mil

Blackstone Private Credit Fund 2.63%

2.19 1.2 Mil
Corporate

Blue Owl Capital Corp III 3.13%

2.04 1.1 Mil
Corporate

Golub Capital BDC Inc. 3.38%

2.02 1.1 Mil
Corporate

State Street Instl Treasury MMkt Premier

1.85 996,150
Cash and Equivalents

FS KKR Capital Corp 4.13%

1.81 975,438
Corporate

FIRST TRUST HY OPPORTUNITIES 2027 TERM

1.46 786,293

Western Asset Infl-Linked Opps & Inc Fd

1.18 638,259

Franklin BSP Lending Corp. 3.25%

1.15 621,674
Corporate