CNTIX Performance — City National Rochdale California Tax Exempt Bond Fund, Servicing Class
Data updated: 2023-12-14
CNTIX returned +1.69% over one year to Sep 2023. The annualised 3-year return is −2.18%. The fund trailed its Money Market category average: $100 invested three years ago grew to $94, against $105 for the category, and to $102 over one year, against $107. Volatility over the past three years was 3.96% a year. In the 12 months to Sep 2023 the fund took in a net $33.8M, and assets reached $35.74M.
CNTIX Growth of $100
What $100 invested in City National Rochdale California Tax Exempt 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 | CNTIX | Category average |
|---|---|---|
| 1 year (Oct 2022 – Sep 2023) | $102 | $107 |
| 3 years (Oct 2020 – Sep 2023) | $94 | $105 |
| Since data start (Jul 2019 – Sep 2023) | $97 | $107 |
CNTIX Trailing Returns
Total returns to Sep 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.69% |
| 3 years (annualised) | −2.18% |
CNTIX Annual Returns
Calendar-year total returns of City National Rochdale California Tax Exempt Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Sep) | −1.06% |
| 2022 | −5.24% |
| 2021 | −0.55% |
| 2020 | +2.84% |
| 2019 (Jul–Dec) | +1.03% |
CNTIX 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 | +1.6% | −1.7% | +1.8% | +0.7% | −0.9% | −0.3% | −1.6% | −0.4% | +0.1% | — | — | — |
| 2022 | −2.2% | −0.5% | −2.3% | −0.5% | +1.2% | −1.8% | −2.2% | −1.4% | +1.7% | +0.4% | +2.5% | −0.1% |
| 2021 | +0.2% | −1.1% | +0.1% | 0.0% | +0.1% | +0.4% | −0.6% | −0.2% | +0.5% | 0.0% | +0.3% | −0.2% |
| 2020 | −2.1% | +0.5% | +1.1% | +0.4% | +2.5% | −0.7% | +0.1% | −0.3% | +0.9% | +0.1% | +0.6% | −0.3% |
| 2019 | — | — | — | — | — | — | −0.7% | +0.6% | +0.7% | +0.2% | +0.1% | +0.1% |
CNTIX Risk
Risk measures from monthly returns over Oct 2020 – Sep 2023.
- 3-year volatility (annualised): 3.96%
- 3-year Sharpe ratio: -1.69 (vs 4.5% risk-free rate)
- Best month: +2.49% (Nov 2022)
- Worst month: −2.34% (Mar 2022)
CNTIX Fund Flows
Monthly money in and out of City National Rochdale California Tax Exempt Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $33.8M
- 12-month gross sales (incl. reinvestments): $10.7M
- Sales ÷ redemptions: -0.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2023 | $551K | −$1.0M | $1.6M |
| Aug 2023 | $549K | −$2.7M | $3.3M |
| Jul 2023 | $10K | −$3.4M | $3.4M |
| Jun 2023 | $1.0M | −$1.2M | $2.3M |
| May 2023 | $438K | −$2.1M | $2.6M |
| Apr 2023 | $770K | −$942K | $1.7M |
| Mar 2023 | $2.4M | −$1.1M | $3.5M |
| Feb 2023 | $1.1M | −$797K | $1.8M |
| Jan 2023 | $2.5M | −$860K | $3.4M |
| Dec 2022 | $297K | −$1.6M | $1.9M |
| Nov 2022 | $267K | −$2.3M | $2.6M |
| Oct 2022 | $728K | −$5.0M | $5.7M |
CNTIX Assets Under Management
Net assets of City National Rochdale California Tax Exempt Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-09-30 | $35.74M |
| 2023-06-30 | $42.72M |
| 2023-03-31 | $45.30M |
| 2022-12-31 | $41.54M |
| 2022-09-30 | $48.08M |
| 2022-06-30 | $57.12M |
| 2022-03-31 | $69.15M |
| 2021-12-31 | $74.85M |
| 2021-09-30 | $76.87M |
| 2021-06-30 | $76.59M |
| 2021-03-31 | $78.29M |
| 2020-12-31 | $80.24M |
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.