Morningstar

RiverNorth/Oaktree High Income Fund Class I RNHIX

Morningstar Medalist Rating
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Medalist Rating as of See RiverNorth Investment Hub
  • NAV / 1-Day Return $8.23  /  0.00
  • Fund Size $56.5M
  • Adjusted Expense Ratio 1.410%
  • Net Expense Ratio 1.350%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 7.61%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis RNHIX

Will RNHIX 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 RNHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

RiverNorth/Oaktree High Income 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.

by Morningstar Automated Analysis
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Portfolio Holdings RNHIX

More RNHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Saba Capital Income & Opportunities Fund

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—

BlackRock TCP Capital Corp. 6.95%

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Level 3 Financing, Inc. 7%

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