RiverNorth/Oaktree High Income Fund (RNHIX) Alternatives
RiverNorth/Oaktree High Income Fund (RNHIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RNHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to RNHIX
RNHIX charges 1.81% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among RNHIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | RNHIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | RNHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | RNHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | RNHIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | RNHIX vs CRDOX |
Best Risk-Adjusted Alternatives to RNHIX
Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | RNHIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | RNHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | Sep 30, 2010 | RNHIX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | RNHIX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | RNHIX vs PRCPX |
Top Performing RNHIX Alternatives (YTD)
RNHIX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.93% | Dec 31, 2009 | RNHIX vs FOCIX | |
| Pioneer ILS Interval Fund | 5.18% | Dec 16, 2014 | RNHIX vs XILSX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | RNHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | RNHIX vs CCLFX | |
| Franklin Templeton SMACS: Series I | 0.52% | Jun 3, 2019 | RNHIX vs FQTIX |
Lowest Volatility Alternatives to RNHIX
RNHIX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.97% | Sep 30, 2010 | RNHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | RNHIX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.71% | Jul 15, 2014 | RNHIX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | RNHIX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | RNHIX vs SCFIX |
Lowest Drawdown Alternatives to RNHIX
RNHIX alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | RNHIX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | RNHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.46% | Mar 6, 2019 | RNHIX vs CCLFX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | RNHIX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | RNHIX vs CPMPX |
Other Mutual Funds from RiverNorth Funds
Most popular RiverNorth Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| RiverNorth Doubleline Strategic Income Fund | Multisector Bonds | 67 | -0.77% | Dec 29, 2010 | RNHIX vs RNSIX |
Often Compared With RNHIX
What investors most often compare with RNHIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Panagram Bbb-B Clo ETF | CLO | 47 | -1.92% | Jan 23, 2023 | RNHIX vs CLOZ |
Compare RNHIX with Any Fund or Stock
Compare RNHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.