Investment Objective and Strategy
The RiverNorth/DoubleLine Strategic Income Fund seeks to provide current income and overall total return.
RiverNorth Capital Management, LLC ("RiverNorth") allocates the Fund's assets among three principal strategies: a Tactical Closed-End Fund Income Strategy, Core Fixed Income Strategy, and Opportunistic Income Strategy. RiverNorth manages the Tactical Closed-End Fund Income Strategy. DoubleLine Capital LP ("DoubleLine") manages the Core Fixed Income and Opportunistic Income Strategies.
RiverNorth determines which portion of the Fund's assets is allocated to each strategy based on market conditions, although there is no set minimum for any strategy. Therefore, the amount allocated to any individual strategy may be between 0% and 100%. RiverNorth, however, anticipates it will, under normal circumstances, allocate some portion of the Fund's assets to each of the three strategies at any given time.