- What does RNDLX invest in?
- This fund's assets are diversified by its adviser into three primary investment approaches: Tactical Closed-end Fund Income, Core Fixed Income, and Opportunistic Income. The percentage of assets allocated to each strategy is variable, shifting based on the adviser's ongoing evaluation of market risks, security prices, market fluctuations, and the expected opportunities for income and capital growth.
- What is the expense ratio of RNDLX?
- RiverNorth Doubleline Strategic Inc R (RNDLX) charges an expense ratio of 1.44%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RNDLX?
- RiverNorth Doubleline Strategic Inc R (RNDLX) manages $879.3M 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 RNDLX actively managed or an index fund?
- RNDLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RNDLX launched?
- RiverNorth Doubleline Strategic Inc R (RNDLX) launched in December 2010 and is managed by DoubleLine.
- How has RNDLX performed?
- RNDLX'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.
