RNCIX Performance — RiverNorth Core Opportunity Fund, Class I
Data updated: 2025-08-28
RNCIX returned +11.38% over one year to Jun 2025. Annualised returns are +12.56% over 3 years and +11.32% over 5 years. The fund beat its US Blend category average: $100 invested three years ago grew to $143, against $135 for the category, and to $111 over one year, against $109. Volatility over the past three years was 11.46% a year. In the 12 months to Jun 2025 the fund lost a net $9.8M, and assets reached $37.43M.
RNCIX Growth of $100
What $100 invested in RiverNorth Core Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Blend category average over the same months.
| Period | RNCIX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $111 | $109 |
| 3 years (Jul 2022 – Jun 2025) | $143 | $135 |
| 5 years (Jul 2020 – Jun 2025) | $171 | $145 |
| Since data start (Jul 2019 – Jun 2025) | $161 | $146 |
RNCIX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +11.38% |
| 3 years (annualised) | +12.56% |
| 5 years (annualised) | +11.32% |
RNCIX Annual Returns
Calendar-year total returns of RiverNorth Core Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +8.26% |
| 2024 | +13.75% |
| 2023 | +13.41% |
| 2022 | −11.83% |
| 2021 | +16.58% |
| 2020 | +4.81% |
| 2019 (Jul–Dec) | +7.10% |
RNCIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +3.8% | +0.7% | −2.5% | −0.4% | +3.8% | +2.8% | — | — | — | — | — | — |
| 2024 | +2.3% | +2.3% | +2.8% | −3.1% | +4.3% | +1.8% | +0.9% | +1.5% | +1.5% | −1.1% | +2.5% | −2.3% |
| 2023 | +6.7% | −1.7% | −0.9% | +0.7% | −1.5% | +3.2% | +2.9% | −1.6% | −3.1% | −1.9% | +7.1% | +3.6% |
| 2022 | −1.5% | −1.9% | +0.5% | −5.5% | −0.2% | −5.8% | +5.6% | −1.6% | −8.0% | +4.3% | +6.0% | −3.3% |
| 2021 | +2.2% | +3.4% | +2.9% | +2.5% | +1.6% | +1.6% | −0.2% | +1.1% | −0.4% | +2.1% | −2.1% | +0.9% |
| 2020 | −0.7% | −6.9% | −19.4% | +8.7% | +5.5% | +3.0% | +2.3% | +3.2% | −2.0% | −1.7% | +12.4% | +4.2% |
| 2019 | — | — | — | — | — | — | +0.7% | −2.2% | +2.1% | +1.0% | +1.5% | +3.9% |
RNCIX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 11.46%
- 3-year Sharpe ratio: 0.70 (vs 4.5% risk-free rate)
- Best month: +7.09% (Nov 2023)
- Worst month: −7.98% (Sep 2022)
RNCIX Fund Flows
Monthly money in and out of RiverNorth Core Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: −$9.8M
- 12-month gross sales (incl. reinvestments): $5.3M
- Sales ÷ redemptions: 0.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $575K | $930K | −$355K |
| May 2025 | $476K | $6.4M | −$5.9M |
| Apr 2025 | $1.4M | $1.7M | −$323K |
| Mar 2025 | $312K | $1.2M | −$884K |
| Feb 2025 | $336K | $841K | −$505K |
| Jan 2025 | $337K | $502K | −$165K |
| Dec 2024 | $274K | $467K | −$193K |
| Nov 2024 | $285K | $578K | −$293K |
| Oct 2024 | $345K | $515K | −$170K |
| Sep 2024 | $324K | $668K | −$344K |
| Aug 2024 | $329K | $747K | −$418K |
| Jul 2024 | $301K | $500K | −$199K |
RNCIX Assets Under Management
Net assets of RiverNorth Core Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $37.43M |
| 2025-03-31 | $42.35M |
| 2024-12-31 | $43.82M |
| 2024-09-30 | $45.66M |
| 2024-06-30 | $45.61M |
| 2024-03-31 | $47.45M |
| 2023-12-31 | $45.68M |
| 2023-09-30 | $43.22M |
| 2023-06-30 | $45.16M |
| 2023-03-31 | $45.80M |
| 2022-12-31 | $45.51M |
| 2022-09-30 | $44.57M |
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.