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RNHIX RiverNorth/Oaktree High Income I

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Fund RNHIX RiverNorth/Oaktree High Income I WTLTX Westcore Flexible Income Retail SHYPX American Beacon SiM High Yld Opps Inv  
100% 85% 87%
Annual Fees
(1.81% Exp. Ratio)
(0.85% Exp. Ratio)
(1.20% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.03% annual return
$10,570.54 $14,153.40 $12,728.80
Est. savings over 30 yrs +$3,582.86 +$2,158.27
As of 10/31/16
1 YR RETURN 7.63%
3 YR 3.99%
5 YR --
10 YR --
1 YR RETURN 8.59%
3 YR 5.38%
5 YR 6.26%
10 YR 4.70%
1 YR RETURN 8.23%
3 YR 4.56%
5 YR 7.80%
10 YR --
The investment seeks overall total return consisting of long-term capital appreciation and income. The fund will invest at least 80% of its assets in income-producing securities and instruments including, but not limited to, corporate bonds (including high-yield, below investment grade bonds, which are sometimes referred to as "junk bonds"), government-issued bonds, convertible bonds, preferred stocks, senior loans (which the managers define as a type of security for purposes of this prospectus), and shares of closed-end funds, exchange-traded funds (ETFs) and other investment companies that invest principally in fixed income securities.
The investment seeks to achieve long-term total rate of return, primarily through investments in bonds, and to a lesser extent, through convertible securities and high-yielding equities consistent with preservation of capital. Under normal circumstances, the fund will invest at least eighty percent (80%) of the value of its net assets plus any borrowings for investment purposes in income-producing securities. The fund may (i) invest up to twenty percent (20%) of its assets in primarily dividend-paying common stocks and (ii) own an unlimited amount of high-yield/high-risk bonds.
The investment seeks high current income and, secondarily, capital appreciation. The fund normally invests at least 80% of its net assets in non-investment grade securities and/or financial instruments that provide exposure to non-investment grade securities. It may invest in securities of foreign issuers, including those in emerging markets. The fund has no limitations regarding the maturities of the debt securities it can buy, the market capitalization of the issuers of those securities or whether the securities are rated.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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