- What does CNROX invest in?
- City National Rochdale Strategic Credit Fund is a non-diversified, closed-end management investment company. It operates as an interval fund that will offer to make quarterly repurchases of shares at net asset value. Its investment objective is to generate current income, and long-term capital appreciation. The company was founded on February 26, 2018 and is headquartered in New York, NY.
- What is the expense ratio of CNROX?
- City National Rochdale Strategic Credit Fund (CNROX) charges an expense ratio of 1.95%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CNROX?
- City National Rochdale Strategic Credit Fund (CNROX) manages $206.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CNROX actively managed or an index fund?
- CNROX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CNROX launched?
- City National Rochdale Strategic Credit Fund (CNROX) launched in December 2020 and is managed by the fund issuer.
- How has CNROX performed?
- CNROX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
