Industry description
The investment seeks current income and overall total return.
The fund's adviser allocates the fund's assets among three principal strategies: Tactical Closed-end Fund Income strategy, Core Fixed Income strategy, and Opportunistic Income strategy. The amount allocated to each of the principal strategies may change depending on the adviser's assessment of market risk, security valuations, market volatility, and the prospects for earning income and total return.
Volume
The average weekly volume growth across all stocks in the RiverNorth Doubleline Strategic Inc I MF was -6%. For the same stocks of the MF, the average monthly volume growth was -36% and the average quarterly volume growth was -37%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 24
P/E Growth Rating: 59
Price Growth Rating: 49
SMR Rating: 36
Profit Risk Rating: 56
Seasonality Score: -51 (-100 ... +100)