CNR Municipal High Income Fund N (CNRNX)
9.23
0.00 (0.00%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.10% | 761.85M | -- | 18.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -47.20M | 1.79% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income that is not subject to federal income tax. The Fund invests at least 80% of its net assets in a diversified portfolio of tax-exempt municipal bonds with an average duration ranging from five to 12 years but may vary due to unusually large purchases. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | City National Rochdale |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
71
-270.71M
Peer Group Low
162.98M
Peer Group High
1 Year
% Rank:
65
-47.20M
-2.613B
Peer Group Low
3.207B
Peer Group High
3 Months
% Rank:
65
-261.58M
Peer Group Low
690.83M
Peer Group High
3 Years
% Rank:
92
-5.900B
Peer Group Low
7.658B
Peer Group High
6 Months
% Rank:
53
-945.73M
Peer Group Low
2.118B
Peer Group High
5 Years
% Rank:
90
-6.006B
Peer Group Low
10.51B
Peer Group High
YTD
% Rank:
52
-1.899B
Peer Group Low
2.815B
Peer Group High
10 Years
% Rank:
53
-4.788B
Peer Group Low
14.65B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 08, 2025.
Asset Allocation
As of June 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.75% |
| Stock | 0.00% |
| Bond | 98.79% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.46% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| SEI Government Fund Institutional | 2.72% | 1.00 | 0.00% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.500 07/01/2034 | 1.31% | 100.19 | 0.00% |
| CHICAGO ILL O HARE INTL ARPT REV IL 5.000 01/01/2048 | 0.81% | 100.32 | 0.00% |
| NORTH TEX TWY AUTH REV TX 7.000 09/01/2043 | 0.79% | 119.77 | -0.02% |
| WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y TOBACCO SETTLEMENT ASSET BKD NY 5.125 06/01/2051 | 0.77% | 92.79 | 0.00% |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV TX 6.375 02/15/2052 | 0.77% | -- | -- |
| ILLINOIS HSG DEV AUTH MULTIFAMILY HSG REV IL 5.600 01/01/2056 | 0.72% | -- | -- |
| SIERRA VISTA ARIZ INDL DEV AUTH ED FAC REV AZ 5.750 06/15/2053 | 0.71% | 94.96 | 0.00% |
| LEGATO CMNTY AUTH COLO LTD TAX SUPPORTED REV CO 0.000 12/01/2051 | 0.71% | -- | -- |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.000 10/01/2055 | 0.69% | 107.80 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.50% |
| Administration Fee | 295.0K% |
| 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 |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income that is not subject to federal income tax. The Fund invests at least 80% of its net assets in a diversified portfolio of tax-exempt municipal bonds with an average duration ranging from five to 12 years but may vary due to unusually large purchases. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | City National Rochdale |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 4.13% |
| 30-Day SEC Yield (10-31-25) | 3.95% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 412 |
| Bond | |
| Yield to Maturity (6-30-25) | 5.14% |
| Effective Duration | -- |
| Average Coupon | 5.16% |
| Calculated Average Quality | 3.898 |
| Effective Maturity | 11.44 |
| Nominal Maturity | 20.74 |
| Number of Bond Holdings | 408 |
As of June 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 12/30/2013 |
| Last Annual Report Date | 9/30/2024 |
| Last Prospectus Date | 1/28/2025 |
| Share Classes | |
| CNRMX | Service |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:CNRNX", "name") |
| Broad Asset Class: =YCI("M:CNRNX", "broad_asset_class") |
| Broad Category: =YCI("M:CNRNX", "broad_category_group") |
| Prospectus Objective: =YCI("M:CNRNX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |