CNCIX Performance — City National Rochdale Corporate Bond Fund, Servicing Class
Data updated: 2023-12-14
CNCIX returned −0.85% over one year to Mar 2023. The annualised 3-year return is +0.04%. 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 $100, against $119 for the category, and to $99 over one year, against $94. Volatility over the past three years was 3.31% a year. In the 12 months to Mar 2023 the fund took in a net $57.7M, and assets reached $103.02M.
CNCIX Growth of $100
What $100 invested in City National Rochdale Corporate 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 | CNCIX | Category average |
|---|---|---|
| 1 year (Apr 2022 – Mar 2023) | $99 | $94 |
| 3 years (Apr 2020 – Mar 2023) | $100 | $119 |
| Since data start (Jul 2019 – Mar 2023) | $100 | $108 |
CNCIX Trailing Returns
Total returns to Mar 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −0.85% |
| 3 years (annualised) | +0.04% |
CNCIX Annual Returns
Calendar-year total returns of City National Rochdale Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Mar) | +1.60% |
| 2022 | −5.72% |
| 2021 | −1.27% |
| 2020 | +4.78% |
| 2019 (Jul–Dec) | +1.42% |
CNCIX 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 | +1.4% | −1.0% | +1.3% | — | — | — | — | — | — | — | — | — |
| 2022 | −1.6% | −0.7% | −1.1% | −1.3% | +0.6% | −1.3% | −2.1% | −1.1% | +1.4% | +0.1% | +1.7% | −0.3% |
| 2021 | −0.5% | −0.4% | −0.1% | −0.1% | +0.3% | +0.4% | −0.3% | 0.0% | +0.2% | 0.0% | −0.3% | −0.5% |
| 2020 | −2.8% | +0.8% | +1.0% | +1.2% | +1.4% | +1.8% | −0.3% | +0.2% | +0.6% | +0.3% | +0.6% | 0.0% |
| 2019 | — | — | — | — | — | — | −0.1% | +1.0% | +0.1% | +0.2% | 0.0% | +0.3% |
CNCIX Risk
Risk measures from monthly returns over Apr 2020 – Mar 2023.
- 3-year volatility (annualised): 3.31%
- 3-year Sharpe ratio: -1.35 (vs 4.5% risk-free rate)
- Best month: +1.83% (Jun 2020)
- Worst month: −2.13% (Jul 2022)
CNCIX Fund Flows
Monthly money in and out of City National Rochdale Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $57.7M
- 12-month gross sales (incl. reinvestments): $26.0M
- Sales ÷ redemptions: -0.82×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2023 | $4.4M | −$1.5M | $5.9M |
| Feb 2023 | $5.1M | −$3.2M | $8.3M |
| Jan 2023 | $3.2M | −$2.8M | $5.9M |
| Dec 2022 | $456K | −$924K | $1.4M |
| Nov 2022 | $2.1M | −$3.6M | $5.7M |
| Oct 2022 | $2.5M | −$10.2M | $12.7M |
| Sep 2022 | $2.0M | −$1.2M | $3.3M |
| Aug 2022 | $1.5M | −$1.9M | $3.4M |
| Jul 2022 | $1.2M | −$1.2M | $2.4M |
| Jun 2022 | $1.4M | −$2.2M | $3.5M |
| May 2022 | $1.2M | −$1.7M | $2.8M |
| Apr 2022 | $1.1M | −$1.3M | $2.4M |
CNCIX Assets Under Management
Net assets of City National Rochdale Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-03-31 | $103.02M |
| 2022-12-31 | $96.68M |
| 2022-09-30 | $105.30M |
| 2022-06-30 | $107.44M |
| 2022-03-31 | $111.44M |
| 2021-12-31 | $115.21M |
| 2021-09-30 | $115.26M |
| 2021-06-30 | $117.59M |
| 2021-03-31 | $130.08M |
| 2020-12-31 | $131.59M |
| 2020-09-30 | $133.95M |
| 2020-06-30 | $132.65M |
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.