The RiverNorth Core Opportunity Fund is a no-load, open-end mutual fund that seeks to provide investors with a balance of long-term capital appreciation and income by allocating its assets among equities, bonds and short-term instruments. The Fund offers instant diversification to multiple asset classes in a single investment, with the added benefit of professional tactical asset allocation and experienced security selection.

To implement the Fund's tactical asset allocation, the Adviser typically invests in closed-end funds, exchange-traded funds and holding and investment company stocks. The Fund's Adviser specializes in the research and analysis of closed-end funds. The Adviser believes that opportunistic, discount-based investments in closed-end fund shares can earn excess returns over the closed-end fund's benchmark index.

The weighting and tactical implementation of the portfolio is determined by the Adviser's assessment of the following categories within a multi-factor framework (30+ factors):