City National Rochdale Equity Income Fund Class N (RIMHX)

Overview

The fund is a financial entity that focuses on investing a significant portion of its assets, specifically at least 80%, in a diverse mix of high-quality corporate notes, bonds, and debentures. These investments are primarily in instruments that are nationally traded and originated from both domestic and international companies, including those in emerging markets. The fund operates with a strategic approach, ensuring all investments are denominated in U.S. dollars to mitigate currency risk. It aims to maintain an average portfolio duration ranging from two to six years. This duration strategy allows for flexibility in adapting to market conditions, although this can fluctuate with substantial purchases or redemptions of the fund's shares. The investment strategy emphasizes minimizing risk through investment grade securities while seeking to generate returns for its investors.

Products and Services

• Investment Grade Corporate Notes, Bonds, and Debentures

  The fund's core focus is investing in high-quality corporate notes, bonds, and debentures that offer a balance of risk and return. These instruments are selected based on their credit quality, with an emphasis on investment grade ratings to ensure stability and reliability in returns. The investments span across a variety of sectors and geographies, including domestically within the United States and internationally, which helps in diversifying the portfolio and reducing risk. The selection of these instruments is geared towards achieving the fund's primary objective of capital appreciation and income generation, adhering to its strategy of maintaining an average portfolio duration of two to six years.

• Nationally Traded Corporate Issues

  This aspect of the fund's investment strategy involves focusing on corporate issues that are traded nationally, encompassing a wide range of industries and sectors. The objective is to capitalize on the liquidity and market depth of nationally traded securities, which can offer more predictable returns and easier valuation compared to less frequently traded securities. This approach enables the fund to react swiftly to market changes and adjust its portfolio composition accordingly, ensuring that investment opportunities can be seized promptly and efficiently.

• Domestic and International Corporate Issues in Emerging Markets

  Expanding the investment horizon, the fund invests in corporate issues from both domestic and international companies, including those in emerging markets. These investments are carefully chosen to incorporate a mix of growth and value opportunities that emerging markets present. By investing in U.S. dollar-denominated securities, the fund mitigates currency risk while seeking to benefit from the potential higher yields and growth prospects available in these regions. This strategy not only diversifies the fund's investment portfolio but also aligns with its goal of achieving a blend of income generation and capital appreciation.