City National Rochdale Fund Quote

CNRNX Fund  USD 9.21  0.01  0.11%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 40

 
100  
 
Zero
Below Average
City National is trading at 9.21 as of the 28th of March 2024; that is 0.11 percent up since the beginning of the trading day. The fund's open price was 9.2. City National has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for City National Rochdale are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in a diversified portfolio of tax-exempt municipal bonds. The interest on municipal bonds is excludable from gross income for federal income tax purposes, although a significant portion of such interest may be a tax preference item for purposes of the federal alternative minimum tax.. More on City National Rochdale

Moving together with City Mutual Fund

  0.73USG USCF Gold Strategy Symbol ChangePairCorr
  0.77CNRVX City National RochdalePairCorr
  0.78CNRWX City National RochdalePairCorr
  0.78CNRUX City National RochdalePairCorr
  0.97CNRMX City National RochdalePairCorr
  0.72RIMOX City National RochdalePairCorr

City Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. City National's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding City National or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationCity National Rochdale Funds, Large Funds, High Yield Muni Funds, High Yield Muni, City National Rochdale (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date31st of January 2023
Fiscal Year EndSeptember
City National Rochdale [CNRNX] is traded in USA and was established 28th of March 2024. City National is listed under City National Rochdale category by Fama And French industry classification. The fund is listed under High Yield Muni category and is part of City National Rochdale family. This fund currently has accumulated 1.18 B in assets under management (AUM) with no minimum investment requirementsCity National Rochdale is currently producing year-to-date (YTD) return of 1.71% with the current yeild of 0.0%, while the total return for the last 3 years was -1.98%.
Check City National Probability Of Bankruptcy

Instrument Allocation

Top City National Rochdale Mutual Fund Constituents

SEOXXSei Daily IncomeMoney Market FundUS Money Market Fund
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City National Target Price Odds Analysis

Based on a normal probability distribution, the odds of City National jumping above the current price in 90 days from now is about 14.75%. The City National Rochdale probability density function shows the probability of City National mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon City National has a beta of 0.0792 suggesting as returns on the market go up, City National average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding City National Rochdale will be expected to be much smaller as well. Additionally, city National Rochdale has an alpha of 0.0087, implying that it can generate a 0.008673 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.21HorizonTargetOdds Above 9.21
84.53%90 days
 9.21 
14.75%
Based on a normal probability distribution, the odds of City National to move above the current price in 90 days from now is about 14.75 (This City National Rochdale probability density function shows the probability of City Mutual Fund to fall within a particular range of prices over 90 days) .

City National Rochdale Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. City National market risk premium is the additional return an investor will receive from holding City National long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in City National. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although City National's alpha and beta are two of the key measurements used to evaluate City National's performance over the market, the standard measures of volatility play an important role as well.

City National Against Markets

Picking the right benchmark for City National mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in City National mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for City National is critical whether you are bullish or bearish towards City National Rochdale at a given time. Please also check how City National's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in City National without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Efficient Frontier

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How to buy City Mutual Fund?

Before investing in City National, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in City National. To buy City National fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of City National. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase City National fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located City National Rochdale fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased City National Rochdale fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as City National Rochdale, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in City National Rochdale?

The danger of trading City National Rochdale is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of City National is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than City National. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile City National Rochdale is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City National Rochdale. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running City National's price analysis, check to measure City National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy City National is operating at the current time. Most of City National's value examination focuses on studying past and present price action to predict the probability of City National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move City National's price. Additionally, you may evaluate how the addition of City National to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between City National's value and its price as these two are different measures arrived at by different means. Investors typically determine if City National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.