Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in RiverNorth/Oaktree High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
RiverNorth/Oaktree High Income Fund (RNHIX) has returned -1.66% so far this year and 4.69% over the past 12 months. Over the last ten years, RNHIX has returned 4.84% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
RiverNorth/Oaktree High Income Fund
- 1D
- 0.13%
- 1M
- -2.06%
- YTD
- -1.66%
- 6M
- -0.53%
- 1Y
- 4.69%
- 3Y*
- 7.13%
- 5Y*
- 4.06%
- 10Y*
- 4.84%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Jan 2, 2013, RNHIX's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, your investment would double in approximately 16.5 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +4.2%, while the worst month was Mar 2020 at -11.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, RNHIX closed higher 43% of trading days. The best single day was Mar 26, 2020 with a return of +3.4%, while the worst single day was Mar 18, 2020 at -6.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.26% | 0.15% | -2.06% | -1.66% | |||||||||
| 2025 | 0.95% | 0.61% | -1.10% | 0.03% | 1.42% | 1.53% | 0.61% | 0.95% | 0.61% | 0.15% | 0.38% | 0.61% | 6.93% |
| 2024 | 0.27% | 0.47% | 0.84% | -0.65% | 0.96% | 0.72% | 1.65% | 1.41% | 0.95% | -0.18% | 0.95% | -0.19% | 7.40% |
| 2023 | 4.07% | -1.09% | 0.22% | 0.97% | -0.67% | 1.45% | 1.34% | 0.32% | -0.68% | -0.61% | 3.48% | 3.04% | 12.31% |
| 2022 | -1.42% | -0.93% | -0.27% | -2.15% | -0.60% | -5.24% | 4.02% | -0.72% | -3.59% | 2.58% | 2.57% | -0.69% | -6.60% |
| 2021 | 0.39% | 0.49% | 0.06% | 0.69% | 0.21% | 0.75% | 0.11% | 0.38% | 0.28% | -0.19% | -0.55% | 1.29% | 3.97% |
Benchmark Metrics
RiverNorth/Oaktree High Income Fund has an annualized alpha of 2.22%, beta of 0.16, and R² of 0.35 versus S&P 500 Index. Calculated based on daily prices since January 03, 2013.
- This fund participated in 31.78% of S&P 500 Index downside but only 27.42% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.16 may look defensive, but with R² of 0.35 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R² of 0.35 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.22%
- Beta
- 0.16
- R²
- 0.35
- Upside Capture
- 27.42%
- Downside Capture
- 31.78%
Expense Ratio
RNHIX has a high expense ratio of 1.81%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RNHIX ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for RiverNorth/Oaktree High Income Fund (RNHIX) and compare them to a chosen benchmark (S&P 500 Index).
| RNHIX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.90 | +0.57 |
Sortino ratioReturn per unit of downside risk | 1.96 | 1.39 | +0.57 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.21 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.40 | +0.14 |
Martin ratioReturn relative to average drawdown | 6.40 | 6.61 | -0.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore RNHIX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
RiverNorth/Oaktree High Income Fund provided a 7.53% dividend yield over the last twelve months, with an annual payout of $0.64 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.64 | $0.61 | $0.53 | $0.54 | $0.34 | $0.36 | $0.49 | $0.43 | $0.37 | $0.47 | $0.53 |
Dividend yield | 7.53% | 7.30% | 6.92% | 6.04% | 6.49% | 3.58% | 3.81% | 5.08% | 4.79% | 3.79% | 4.93% | 5.92% |
Monthly Dividends
The table displays the monthly dividend distributions for RiverNorth/Oaktree High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.05 | $0.05 | $0.05 | $0.16 | |||||||||
| 2025 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.64 |
| 2024 | $0.03 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.61 |
| 2023 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.06 | $0.53 |
| 2022 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.22 | $0.03 | $0.04 | $0.54 |
| 2021 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the RiverNorth/Oaktree High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the RiverNorth/Oaktree High Income Fund was 22.43%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current RiverNorth/Oaktree High Income Fund drawdown is 2.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.43% | Feb 24, 2020 | 21 | Mar 23, 2020 | 172 | Nov 24, 2020 | 193 |
| -10.62% | Jan 5, 2022 | 185 | Sep 29, 2022 | 276 | Nov 3, 2023 | 461 |
| -9.81% | Apr 29, 2015 | 200 | Feb 11, 2016 | 80 | Jun 7, 2016 | 280 |
| -5.15% | May 9, 2013 | 32 | Jun 24, 2013 | 85 | Oct 23, 2013 | 117 |
| -4.63% | Oct 4, 2018 | 55 | Dec 21, 2018 | 37 | Feb 15, 2019 | 92 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...