Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.98% -- -- 0.10%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-- 10.38% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide total return consisting of income and capital appreciation. The Fund will invest primarily in instruments designed to provide exposure to industry loss warranties (ILWs) and/or catastrophe bonds, and at least 70% of its total assets in investments designed to provide exposure to ILWs.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name City National Rochdale
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-296.35M Peer Group Low
1.634B Peer Group High
1 Year
% Rank: --
-908.74M Peer Group Low
12.36B Peer Group High
3 Months
% Rank: --
-1.548B Peer Group Low
1.693B Peer Group High
3 Years
% Rank: --
-9.784B Peer Group Low
20.87B Peer Group High
6 Months
% Rank: --
-1.794B Peer Group Low
4.071B Peer Group High
5 Years
% Rank: --
-5.014B Peer Group Low
53.25B Peer Group High
YTD
% Rank: --
218.95M Peer Group Low
420.41M Peer Group High
10 Years
% Rank: --
-16.06B Peer Group Low
79.46B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
6.45%
6.43%
5.95%
0.73%
14.17%
13.59%
10.53%
0.06%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.24%
7.55%
1.41%
14.89%
-3.14%
11.87%
11.01%
7.98%
0.30%
12.64%
2.86%
13.17%
-3.37%
4.82%
5.93%
5.38%
0.00%
--
--
--
-8.76%
11.27%
7.45%
4.69%
0.43%
--
--
--
--
--
--
--
0.37%
As of January 16, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-14-26) 0.00%
30-Day SEC Yield (12-31-22) 0.00%
7-Day SEC Yield --
Number of Holdings 22
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 2
Bond
Yield to Maturity (9-30-25) --
Effective Duration --
Average Coupon --
Calculated Average Quality 0.00
Effective Maturity --
Nominal Maturity --
Number of Bond Holdings 4
As of September 30, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of September 30, 2025

Fund Details

Key Dates
Launch Date 7/28/2017
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 6.45%
Stock 6.73%
Bond 30.24%
Convertible 0.00%
Preferred 0.00%
Other 56.57%
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Top 10 Holdings

Name % Weight Price % Change
CARMELIA INVESTMENT CORP SEGREGATED ACCOUNT STRUCTURED PRODUCT
21.01% -- --
HOLLYWOOD SEGREGATED ACCOUNT FRN
20.77% -- --
USD CASH
6.45% -- --
GLENDALE STRUCTURED PRODUCT
3.56% -- --
MADISON SEGREGATED ACCOUNT FRN
3.53% -- --
ATLANTIC COMMERCIAL COMPANY LTD ORD
3.44% -- --
CARMELIA SEGREGATED ACCOUNT STRUCTURED PRODUCT
3.42% -- --
OCEAN ELN
3.36% -- --
KING ELN
3.35% -- --
PARK ADSITS ORD
3.29% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.50%
Administration Fee 180.0K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 0.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks to provide total return consisting of income and capital appreciation. The Fund will invest primarily in instruments designed to provide exposure to industry loss warranties (ILWs) and/or catastrophe bonds, and at least 70% of its total assets in investments designed to provide exposure to ILWs.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name City National Rochdale
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-14-26) 0.00%
30-Day SEC Yield (12-31-22) 0.00%
7-Day SEC Yield --
Number of Holdings 22
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 2
Bond
Yield to Maturity (9-30-25) --
Effective Duration --
Average Coupon --
Calculated Average Quality 0.00
Effective Maturity --
Nominal Maturity --
Number of Bond Holdings 4
As of September 30, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of September 30, 2025

Fund Details

Key Dates
Launch Date 7/28/2017
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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