CNBIX Performance — City National Rochdale Government Bond Fund, Servicing Class
Data updated: 2023-12-14
CNBIX returned −0.02% over one year to Mar 2023. The annualised 3-year return is −1.67%. Against its Money Market category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $95, against $119 for the category, and to $100 over one year, against $94. Volatility over the past three years was 2.70% a year. In the 12 months to Mar 2023 the fund took in a net $10.0M, and assets reached $18.14M.
CNBIX Growth of $100
What $100 invested in City National Rochdale Government Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | CNBIX | Category average |
|---|---|---|
| 1 year (Apr 2022 – Mar 2023) | $100 | $94 |
| 3 years (Apr 2020 – Mar 2023) | $95 | $119 |
| Since data start (Jul 2019 – Mar 2023) | $99 | $108 |
CNBIX Trailing Returns
Total returns to Mar 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −0.02% |
| 3 years (annualised) | −1.67% |
CNBIX Annual Returns
Calendar-year total returns of City National Rochdale Government Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Mar) | +2.56% |
| 2022 | −5.85% |
| 2021 | −1.81% |
| 2020 | +3.88% |
| 2019 (Jul–Dec) | +0.82% |
CNBIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.7% | −0.9% | +0.8% | — | — | — | — | — | — | — | — | — |
| 2022 | −2.0% | −0.5% | −1.0% | −0.5% | +0.6% | −0.8% | −1.7% | −1.2% | +0.6% | +0.1% | +0.9% | −0.3% |
| 2021 | −0.2% | −0.5% | −0.1% | −0.2% | +0.1% | +0.2% | −0.3% | −0.1% | +0.3% | −0.3% | 0.0% | −0.5% |
| 2020 | +1.5% | +1.2% | +0.8% | 0.0% | +0.2% | +0.1% | 0.0% | 0.0% | +0.1% | +0.1% | +0.1% | −0.2% |
| 2019 | — | — | — | — | — | — | −0.4% | +1.2% | −0.2% | +0.1% | −0.2% | +0.3% |
CNBIX Risk
Risk measures from monthly returns over Apr 2020 – Mar 2023.
- 3-year volatility (annualised): 2.70%
- 3-year Sharpe ratio: -2.29 (vs 4.5% risk-free rate)
- Best month: +2.73% (Jan 2023)
- Worst month: −1.96% (Jan 2022)
CNBIX Fund Flows
Monthly money in and out of City National Rochdale Government Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $10.0M
- 12-month gross sales (incl. reinvestments): $2.9M
- Sales ÷ redemptions: -0.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2023 | $338K | −$942K | $1.3M |
| Feb 2023 | $668K | −$295K | $964K |
| Jan 2023 | $71K | −$368K | $439K |
| Dec 2022 | $104K | −$61K | $164K |
| Nov 2022 | $224K | −$206K | $429K |
| Oct 2022 | $77K | −$3.6M | $3.6M |
| Sep 2022 | $256K | −$316K | $572K |
| Aug 2022 | $416K | −$528K | $944K |
| Jul 2022 | $131K | −$165K | $296K |
| Jun 2022 | $217K | −$259K | $476K |
| May 2022 | $74K | −$126K | $200K |
| Apr 2022 | $346K | −$265K | $610K |
CNBIX Assets Under Management
Net assets of City National Rochdale Government Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-03-31 | $18.14M |
| 2022-12-31 | $18.25M |
| 2022-09-30 | $21.58M |
| 2022-06-30 | $22.35M |
| 2022-03-31 | $22.60M |
| 2021-12-31 | $26.26M |
| 2021-09-30 | $29.99M |
| 2021-06-30 | $31.96M |
| 2021-03-31 | $34.75M |
| 2020-12-31 | $38.71M |
| 2020-09-30 | $40.08M |
| 2020-06-30 | $41.86M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.