RIMOX Fees and Costs — City National Rochdale Fixed Income Opportunities Fund, Class N
Data updated: 2026-08-28
The net expense ratio is 1.21%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.45% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $160K in broker commissions, 0.0080% of average net assets, and portfolio turnover was 40%.
RIMOX Fees and Expenses
Annual operating expenses and sales charges of RIMOX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.21% |
| Fee waiver | — |
| Net expense ratio | 1.21% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RIMOX Costs Over Time
On $10,000 invested in RIMOX, assuming 5% a year before costs, total costs come to $759 over 5 years, cutting the return by 1.28% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.21%) | $127 | $396 | $684 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $20 | $70 |
| Total costs | $128 | $418 | $759 |
| Value after costs | $10,372 | $11,158 | $12,004 |
| Impact on return, per year | 1.28% | 1.28% | 1.28% |
RIMOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0080%
- Total broker commissions: $160K
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
RIMOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $138K | 86.26% |
| WELLS FARGO | $18K | 10.94% |
| J P MORGAN CHASE BANK | $2K | 1.05% |
| BAML | $2K | 1.00% |
| MORGAN STANLEY & CO, INC | $808 | 0.51% |
| CITIGROUP | $319 | 0.20% |
| Stifel | $64 | 0.04% |
RIMOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $277.4M | 18.81% |
| GOLDMAN, SACHS & CO. | $277.4M | 18.81% |
| BAML | $191.9M | 13.01% |
| MORGAN STANLEY & CO, INC | $150.5M | 10.20% |
| BARCLAY BANK PLC | $135.9M | 9.22% |
| JEFFERIES LLC | $124.6M | 8.45% |
| CITIGROUP | $112.4M | 7.62% |
| BNP PARIBAS | $104.7M | 7.10% |
| ALCENTRA LIMITED | $57.7M | 3.91% |
| WELLS FARGO | $42.4M | 2.87% |
City National Rochdale Fixed Income Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CNRZX | C000237513 | 0.96% | — |
| RIMOX | Class N | 1.21% | — |
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.