CNIXX — City National Rochdale Government Money Market Fund
Data updated: 2026-01-28
CNIXX — City National Rochdale Government Money Market Fund. Money Market · 0.34% expense ratio. Holdings, fees, performance and SEC filings.
CNIXX Fund Overview
CNIXX — City National Rochdale Government Money Market Fund is a US mutual fund managed by City National Rochdale Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: City National Rochdale Funds
- Category: Money Market
- Ticker: CNIXX
- SEC CIK: 0001026977
- SEC series ID: S000005833
- Share class ID: C000016000
CNIXX Investment Objective and Strategy
City National Rochdale Government Money Market Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by City National Rochdale Funds.
Investment objective
"The City National Rochdale Government Money Market Fund (the ""Government Money Fund"" or the ""Fund"") is a money market fund that seeks to preserve your principal and maintain a high degree of liquidity while providing current income. Also, the Government Money Fund seeks to maintain a $1.00 per share net asset value (""NAV"")."
Principal investment strategy
"The Government Money Fund invests at least 99.5% of its total assets in cash, U.S. Treasury securities and other government securities guaranteed or issued by an agency or instrumentality of the U.S. Government, and/or repurchase agreements that are fully collateralized by cash or government securities. In addition, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. Government securities and/or repurchase agreements that are fully collateralized by government securities. In particular, the Fund invests in U.S. Treasury obligations, obligations issued or guaranteed as to principal and interest by agencies or instrumentalities of the U.S. Government and repurchase agreements involving these obligations. Obligations issued or guaranteed by the U.S.
Government or its agencies or instrumentalities in which the Government Money Fund invests consist principally of securities issued or guaranteed by Fannie Mae (formerly known as the Federal National Mortgage Association), the Federal Home Loan Bank (""FHLB""), Freddie Mac (formerly known as the Federal Home Loan Mortgage Corporation) and the Government National Mortgage Association (""Ginnie Mae""). The securities held by the Fund must, in the opinion of City National Rochdale, LLC (the ""Adviser""), the Fund's investment adviser, present minimal credit risk. The Fund invests in compliance with the requirements of Rule 2a-7 under the Investment Company Act of 1940 relating to the credit quality, maturity, liquidity and diversification of investments for money market funds. Using a top-down strategy and bottom-up security selection, the Adviser seeks securities with an acceptable maturity that are marketable and liquid and offer competitive yields.
The Adviser also considers factors such as the anticipated level of interest rates and the maturity of individual securities relative to the maturity of the Fund as a whole. The Fund does not currently intend to avail itself of the ability to impose ""liquidity fees"" and/or ""gates"" on Fund redemptions, as permitted by Rule 2a-7. However, the Board of Trustees reserves the right, with notice to shareholders, to change this policy in the future."
CNIXX Holdings
Top 10 holdings of City National Rochdale Government Money Market Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Goldman Sachs | 9.46% |
| Federal Home Loan Bank * | 6.76% |
| B 10/06/26 | 5.39% |
| Federal Home Loan Bank * | 5.38% |
| Barclay Tri-Party Repo | 4.06% |
| B 09/15/26 | 4.05% |
| B 09/24/26 | 4.05% |
| Federal Home Loan Bank * | 4.03% |
| Federal Home Loan Bank * | 3.90% |
| FFCB Float 11/18/26 | 2.91% |
CNIXX Costs and Fees
CNIXX costs about $34 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.34%
- Gross expense ratio: 0.56%
CNIXX Debt Constituents
No individual debt constituents are reported in City National Rochdale Government Money Market Fund's latest SEC N-PORT filing.
CNIXX Prospectus and SEC Filings
Official City National Rochdale Government Money Market Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.