City National Rochdale Fixed Income Opportunities Fund Class N (RIMOX)

Overview

The fund is designed to provide investors with exposure to a diverse range of income-generating assets, specifically focusing on the fixed income sector. By allocating at least 80% of its net assets, plus any borrowing for investment purposes, to fixed income securities and floating rate loans, the fund targets the achievement of a balanced yet dynamic investment strategy. Its approach is not restricted by the credit rating of the securities, allowing for flexibility in investment choices and the potential for capturing a broad spectrum of yield opportunities. The inclusion of both fixed rate and floating rate securities means the fund is structured to adapt to varying interest rate environments, aiming to provide a steady income stream to its investors. Through opportunistically investing across a wide array of income yielding securities, including collateralized loan obligations (CLOs), the fund seeks to optimize returns while considering the risk associated with the broader fixed income market.

Products and Services

• Fixed Income Securities

As a cornerstone of its investment strategy, the fund invests in a variety of fixed income securities. This includes bonds and debt securities with both fixed and floating interest rates. The selection spans across different credit ratings, enabling the fund to capitalize on the risk-return trade-off and diversifying its income sources.

• Floating Rate Loans

These are loans whose interest rates fluctuate with market conditions. By including floating rate loans in its portfolio, the fund aims to mitigate the impact of interest rate volatility. This component of the fund's portfolio is crucial for adjusting to changing economic environments, potentially safeguarding the fund's performance against inflation and interest rate hikes.

• Collateralized Loan Obligations (CLOs)

CLOs represent a significant part of the fund's opportunistic investment strategy, providing exposure to pools of loans that are assembled and managed as a single asset. These instruments offer the possibility of higher yields compared to traditional fixed income securities, albeit with an increased level of risk. Investing in CLOs is intended to enhance the fund's income potential and diversify its investment base.