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Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

City National Rochdale Select Strategies Fund

CNRLX | Fund

$15.85

$224 M

0.27%

$0.04

0.99%

Vitals

YTD Return

12.6%

1 yr return

16.6%

3 Yr Avg Return

9.2%

5 Yr Avg Return

7.9%

Net Assets

$224 M

Holdings in Top 10

73.6%

52 WEEK LOW AND HIGH

$15.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 0.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

City National Rochdale Select Strategies Fund

CNRLX | Fund

$15.85

$224 M

0.27%

$0.04

0.99%

CNRLX - Profile

Distributions

  • YTD Total Return 12.6%
  • 3 Yr Annualized Total Return 9.2%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.99%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    City National Rochdale Select Strategies Fund
  • Fund Family Name
    City National Rochdale
  • Inception Date
    Jul 27, 2017
  • Shares Outstanding
    16001443
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Ehrlein

Fund Description

CNRLX - Performance

Return Ranking - Trailing

Period CNRLX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.6% -30.4% 100.1% 38.24%
1 Yr 16.6% -22.9% 108.7% 50.00%
3 Yr 9.2%* -38.1% 20.1% 20.59%
5 Yr 7.9%* -24.1% 22.4% 46.88%
10 Yr N/A* -1.9% 14.9% N/A

* Annualized

Return Ranking - Calendar

Period CNRLX Return Category Return Low Category Return High Rank in Category (%)
2023 13.8% -34.8% 38.7% 32.35%
2022 0.7% -72.7% 8.2% 5.88%
2021 6.0% -31.7% 27.4% 45.45%
2020 6.4% -29.0% 233.6% 75.00%
2019 6.5% -2.0% 66.0% 74.07%

Total Return Ranking - Trailing

Period CNRLX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.6% -30.4% 100.1% 38.24%
1 Yr 16.6% -22.9% 108.7% 50.00%
3 Yr 9.2%* -38.1% 20.1% 20.59%
5 Yr 7.9%* -24.1% 22.4% 46.88%
10 Yr N/A* -1.9% 14.9% N/A

* Annualized

Total Return Ranking - Calendar

Period CNRLX Return Category Return Low Category Return High Rank in Category (%)
2023 14.2% -33.0% 39.0% 41.18%
2022 0.7% -72.7% 8.2% 17.65%
2021 6.0% -31.7% 28.3% 48.48%
2020 6.4% -28.9% 233.9% 81.25%
2019 6.5% 0.4% 66.5% 74.07%

NAV & Total Return History

CNRLX - Holdings

Concentration Analysis

CNRLX Category Low Category High CNRLX % Rank
Net Assets 224 M 3.65 M 31.2 B 64.71%
Number of Holdings 20 20 389 100.00%
Net Assets in Top 10 165 M 2.31 M 5.86 B 47.06%
Weighting of Top 10 73.62% 11.2% 90.4% 11.76%

Top 10 Holdings

  1. 8 - Hollywood (Capital Efficiency - Narrow Definitions, Regional, International) 22.76%
  2. 2 - Broadway (Capital Efficiency - Narrow Definitions, Regional, International) 20.27%
  3. 1 - Atlantic (ANP) Prime Focus- ANP 4.13%
  4. 3 - Carmelia (International Multi-Peril) Prime Focus- International Multi-Peril 4.12%
  5. 7 - Glendale (Multi-Section Wind) Prime Focus- Multi-Section Wind 4.12%
  6. 4 - Delancey (US Earthquake) Prime Focus- US Earthquake 3.77%
  7. 5 - Elevado (High ROC) Prime Focus- High ROC 3.68%
  8. 15 - Park (ANP Aggregate) Prime Focus- ANP Aggregate 3.66%
  9. 12 - Madison (Regional Wind 1) Prime Focus- Regional Wind 1 3.56%
  10. 10 - King (Wind and Earthquake) Prime Focus- Wind and Earthquake 3.55%

Asset Allocation

Weighting Return Low Return High CNRLX % Rank
Bonds 		97.85% 0.00% 97.85% 2.94%
Cash 		2.15% 0.00% 99.38% 73.53%
Stocks 		0.00% 0.00% 101.10% 97.06%
Preferred Stocks 		0.00% 0.00% 45.05% 61.76%
Other 		0.00% -7.62% 91.95% 70.59%
Convertible Bonds 		0.00% 0.00% 3.05% 63.64%

Bond Sector Breakdown

Weighting Return Low Return High CNRLX % Rank
Derivative 		0.00% -7.62% 0.88% 61.76%
Cash & Equivalents 		0.00% 0.00% 100.00% 91.18%
Securitized 		0.00% 0.00% 5.53% 56.67%
Corporate 		0.00% 0.00% 90.98% 66.67%
Municipal 		0.00% 0.00% 1.77% 53.33%
Government 		0.00% 0.00% 34.13% 56.67%

Bond Geographic Breakdown

Weighting Return Low Return High CNRLX % Rank
US 		97.85% 0.00% 97.85% 2.94%
Non US 		0.00% 0.00% 2.36% 52.94%

CNRLX - Expenses

Operational Fees

CNRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% 0.41% 5.61% 41.18%
Management Fee 0.50% 0.25% 1.90% 32.35%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.19% N/A

Sales Fees

CNRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.25% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

CNRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CNRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 124.00% 4.55%

CNRLX - Distributions

Dividend Yield Analysis

CNRLX Category Low Category High CNRLX % Rank
Dividend Yield 0.27% 0.00% 12.45% 76.47%

Dividend Distribution Analysis

CNRLX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Annual

Net Income Ratio Analysis

CNRLX Category Low Category High CNRLX % Rank
Net Income Ratio -0.99% -2.66% 5.19% 82.35%

Capital Gain Distribution Analysis

CNRLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

CNRLX - Fund Manager Analysis

Managers

Thomas Ehrlein

Start Date

Tenure

Tenure Rank

Jul 27, 2017

4.85

4.9%

Thomas H. Ehrlein joined the former Rochdale Investment Management (predecessor to City National Rochdale) in 2005. He oversees a number of business segments at the firm including investment oversight for all non-traditional investments and the portfolio analytics and modeling processes,and is the Portfolio Manager of the City National Rochdale High Yield Alternative Strategies Fund. Mr. Ehrlein is also a key member of the asset allocation committee at City National Rochdale. He has been in the Investment Management industry since 2000. Prior to 2005, Mr. Ehrlein was a Senior Consultant in the Investment Management division of FactSet Research Systems, Inc., where he performed financial market and portfolio management research and quantitative analysis for institutional money management firms, and a middle market lending credit analyst at ABN-Amro, North America. Mr. Ehrlein earned his BS in Finance from the University of Scranton and his MBA in Finance from Hofstra University.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 23.1 9.26 1.25

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