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Trending ETFs

CITY NATIONAL ROCHDALE U.S. CORE EQUITY FUND

mutual fund
CNRWX
Payout Change
Pending
Price as of:
$29.42 -0.21 -0.71%
primary theme
U.S. Large-Cap Growth Equity
CNRWX (Mutual Fund)

CITY NATIONAL ROCHDALE U.S. CORE EQUITY FUND

Payout Change
Pending
Price as of:
$29.42 -0.21 -0.71%
primary theme
U.S. Large-Cap Growth Equity
CNRWX (Mutual Fund)

CITY NATIONAL ROCHDALE U.S. CORE EQUITY FUND

Payout Change
Pending
Price as of:
$29.42 -0.21 -0.71%
primary theme
U.S. Large-Cap Growth Equity

Name

As of 12/09/2024

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

$29.42

$401 M

0.00%

1.04%

Vitals

YTD Return

23.8%

1 yr return

27.1%

3 Yr Avg Return

5.5%

5 Yr Avg Return

12.0%

Net Assets

$401 M

Holdings in Top 10

40.9%

52 WEEK LOW AND HIGH

$29.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.04%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 13.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/09/2024

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

$29.42

$401 M

0.00%

1.04%

CNRWX - Profile

Distributions

  • YTD Total Return 23.8%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 12.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.07%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    CITY NATIONAL ROCHDALE U.S. CORE EQUITY FUND
  • Fund Family Name
    City National Rochdale Funds
  • Inception Date
    Dec 03, 2012
  • Shares Outstanding
    8949526
  • Share Class
    N
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Galvin

Fund Description

At least 80% of the U.S. Core Equity Fund’s net assets (plus any borrowings for investment purposes) consists of common stock of large and middle capitalization corporations domiciled in the United States. For this purpose, City National Rochdale, LLC (the “Adviser”), the Fund’s investment adviser, considers a large capitalization corporation and a middle capitalization corporation to be a corporation with a market capitalization satisfying Standard & Poor’s Ratings Services (“Standard & Poor’s”) eligibility criteria, at the time of investment, for inclusion in the S&P 500 Index (as of December 31, 2023, $14.5 billion or greater) and the S&P Midcap 400 Index (as of December 31, 2023, $5.2 billion to $14.5 billion), respectively.

The Adviser uses a multifactor investment approach employing a combination of macroeconomic, quantitative and fundamental analyses to select companies with share price growth potential that may not be recognized by the market at large. Macroeconomic analysis evaluates investment themes, geopolitical events, monetary and fiscal policy and global economic trends. Quantitative analysis seeks to measure the value of securities by using mathematical and statistical modeling and research. Fundamental analysis of a security involves measuring its intrinsic value by examining related economic, financial and other factors, such as the overall economy and industry conditions, and the financial condition and management of the issuer.

In selecting securities for the Fund, the Adviser utilizes proprietary industry and stock selection models to determine which industries and companies it believes are likely to provide superior risk adjusted returns. The Adviser also employs a proprietary company analysis framework to evaluate individual securities by examining fundamental data such as management quality, revenue and earnings growth, profitability, market share, cash flow and balance sheet strength. The Adviser seeks to manage the portfolio’s risk characteristics to be similar to those of the S&P 500 Index. The Adviser constructs the portfolio to closely resemble the S&P 500 Index with respect to factors such as market capitalization, earnings per share growth rates, return on equity, price to earnings, price to book and other commonly recognized portfolio characteristics.

The Adviser may determine to sell a security under several circumstances, including but not limited to when its target value is realized, when the company’s earnings deteriorate, when more attractive investment alternatives are identified, or when it wishes to raise cash.

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CNRWX - Performance

Return Ranking - Trailing

Period CNRWX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.8% 0.0% 60.1% 81.64%
1 Yr 27.1% 3.4% 82.4% 85.91%
3 Yr 5.5%* -20.7% 35.7% 76.42%
5 Yr 12.0%* -12.6% 30.6% 90.44%
10 Yr 11.8%* -4.3% 21.2% 83.21%

* Annualized

Return Ranking - Calendar

Period CNRWX Return Category Return Low Category Return High Rank in Category (%)
2023 8.9% -74.1% 72.4% 96.26%
2022 -22.1% -85.9% 4.7% 7.41%
2021 23.8% -52.4% 60.5% 7.95%
2020 14.0% -34.3% 145.0% 88.55%
2019 30.5% -6.9% 49.4% 17.84%

Total Return Ranking - Trailing

Period CNRWX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.8% 0.0% 60.1% 81.64%
1 Yr 27.1% 3.4% 82.4% 85.91%
3 Yr 5.5%* -20.7% 35.7% 76.42%
5 Yr 12.0%* -12.6% 30.6% 90.44%
10 Yr 11.8%* -4.3% 21.2% 83.21%

* Annualized

Total Return Ranking - Calendar

Period CNRWX Return Category Return Low Category Return High Rank in Category (%)
2023 22.8% -4.6% 72.4% 90.60%
2022 -20.3% -61.7% 5.6% 11.31%
2021 23.9% -39.8% 118.1% 33.96%
2020 14.3% 2.8% 149.2% 98.35%
2019 34.5% -5.2% 49.4% 37.82%

NAV & Total Return History


CNRWX - Holdings

Concentration Analysis

CNRWX Category Low Category High CNRWX % Rank
Net Assets 401 M 296 K 287 B 71.44%
Number of Holdings 55 2 3061 58.80%
Net Assets in Top 10 169 M 126 K 150 B 73.77%
Weighting of Top 10 40.87% 0.7% 205.0% 82.44%

Top 10 Holdings

  1. MICROSOFT CORP COMMON STOCK 7.59%
  2. NVIDIA CORP COMMON STOCK 6.33%
  3. APPLE INC COMMON STOCK 6.10%
  4. ALPHABET INC-CL A COMMON STOCK 4.53%
  5. AMAZON.COM INC COMMON STOCK 3.85%
  6. UNITEDHEALTH GROUP INC COMMON STOCK 2.69%
  7. JPMORGAN CHASE CO COMMON STOCK 2.67%
  8. TRANE TECHNOLOGIES PLC COMMON STOCK 2.62%
  9. COSTCO WHOLESALE CORP COMMON STOCK 2.26%
  10. HOME DEPOT INC COMMON STOCK 2.23%

Asset Allocation

Weighting Return Low Return High CNRWX % Rank
Stocks
99.61% 0.00% 123.52% 24.14%
Cash
0.45% 0.00% 173.52% 67.24%
Preferred Stocks
0.00% 0.00% 8.45% 74.59%
Other
0.00% -36.56% 50.35% 76.32%
Convertible Bonds
0.00% 0.00% 1.94% 70.82%
Bonds
0.00% 0.00% 102.71% 71.78%

Stock Sector Breakdown

Weighting Return Low Return High CNRWX % Rank
Technology
22.11% 0.00% 65.70% 91.91%
Financial Services
20.52% 0.00% 43.06% 4.45%
Healthcare
13.82% 0.00% 39.76% 39.18%
Consumer Cyclical
10.69% 0.00% 62.57% 82.00%
Industrials
10.64% 0.00% 30.65% 10.18%
Communication Services
8.51% 0.00% 66.40% 71.09%
Consumer Defense
6.64% 0.00% 25.50% 13.45%
Utilities
2.95% 0.00% 16.07% 4.82%
Energy
1.43% 0.00% 41.09% 34.36%
Basic Materials
1.41% 0.00% 18.91% 43.45%
Real Estate
1.27% 0.00% 16.05% 45.45%

Stock Geographic Breakdown

Weighting Return Low Return High CNRWX % Rank
US
99.61% 0.00% 123.52% 17.60%
Non US
0.00% 0.00% 75.46% 81.13%

CNRWX - Expenses

Operational Fees

CNRWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.01% 28.71% 41.71%
Management Fee 0.40% 0.00% 1.50% 15.27%
12b-1 Fee 0.25% 0.00% 1.00% 50.44%
Administrative Fee N/A 0.01% 1.02% 23.52%

Sales Fees

CNRWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CNRWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

CNRWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 0.00% 316.74% 15.42%

CNRWX - Distributions

Dividend Yield Analysis

CNRWX Category Low Category High CNRWX % Rank
Dividend Yield 0.00% 0.00% 27.58% 2.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CNRWX Category Low Category High CNRWX % Rank
Net Income Ratio 0.07% -6.13% 3.48% 21.71%

Capital Gain Distribution Analysis

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

Distributions History

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CNRWX - Fund Manager Analysis

Managers

Thomas Galvin


Start Date

Tenure

Tenure Rank

Dec 03, 2012

9.5

9.5%

Mr. Galvin joined the former Rochdale Investment Management (predecessor to City National Rochdale) in 2012. He works directly with the CIO to guide the firm’s overall equity strategy and is a member of the Asset Allocation Committee. He leads the research and management of this strategy for client accounts. Mr. Galvin has over 30 years of equity investment experience from financial services organizations such as Lehman Brothers, Smith Barney, Forstmann-Leff and UBS. Most recently, he was Managing Partner at Galvin Asset Management, where he managed accounts for high-net-worth individuals. Prior to UBS, he was a Senior Managing Director with Forstmann-Leff Associates. Mr. Galvin earned his BA in Economics from Queens College and his MBA in Finance and Investments from Fordham University. Mr. Galvin is the Founder of the Fordham Wall Street Council and a former board member of the McCaddin-Quirk Foundation, The Lavelle Fund for the Blind and The Maryknoll Society. He is also a member of the New York Society of Security Analysts.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08