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8.71
+0.02
+0.23%
- Morningstar Rating:
- Total Assets: 50.29M
RiverNorth/Oaktree High Income I
8.71
+0.02
+0.23%
- Overview
- Profile
- Historical Data
- Holdings
Rivernorth/oaktree High Income Fund Class I Overview
On this page you'll find an in-depth profile of Rivernorth/oaktree High Income Fund Class I. Learn about the key management, total assets, investment strategy and contact information of RNHIX among other information.
Investment Strategy
The investment seeks overall total return consisting of long-term capital appreciation and income. The fund will invest at least 80% of its assets in income-producing securities and instruments including, but not limited to, corporate bonds (including high-yield, below investment grade bonds, which are sometimes referred to as "junk bonds"), government-issued bonds, convertible bonds, preferred stocks, senior loans (which the manager defines as a type of security for purposes of this prospectus), and shares of closed-end funds, exchange-traded funds (ETFs) and other investment companies that invest principally in fixed income securities.
Contact Information
Address
325 N Lasalle St. Suite 645
Chicago,IL 60654
United States
Chicago,IL 60654
United States
Phone
312-832-1440
Top Executives
| Name | Title | Since | Until |
|---|---|---|---|
| Alap Shah | Member | 2023 | Now |
| Biography | Mr. Shah is a managing director and co-portfolio manager for Oaktree’s U.S. High Yield Bond strategy. Mr. Shah joined Oaktree in 2012 after working at Pacific Life, where he served as a director and senior credit analyst for high yield bonds and senior loans. Prior to Pacific Life, Mr. Shah received his M.B.A. from the Kellogg School of Management. Before completing his M.B.A., he served as a manager in KPMG’s Financial Advisory Services group, senior consultant at Huron Consulting and consultant at Arthur Andersen. Mr. Shah received a B.A. degree in economics from the University of California, Irvine. | ||
| Ronnie Kaplan | Managing Director | 2019 | Now |
| Biography | Ronnie Kaplan, Managing Director and U.S. Senior Loans Portfolio Manager of Oaktree Capital Management, L.P. | ||
| Anthony Shackleton | - | 2018 | Now |
| Biography | Mr. Shackleton joined Oaktree’s London office in 2004 and serves as co-portfolio manager for the European High Yield Bond and Global High Yield Bond strategies, as well as the European Credit product. Mr. Shackleton previously worked at PricewaterhouseCoopers LLP in the UK, where he qualified as a Chartered Accountant. Mr. Shackleton is a graduate of the University of Oxford. | ||
| Madelaine Jones | Senior Associate | 2016 | Now |
| Biography | Ms. Jones joined Oaktree’s London office in 2003 and serves as portfolio manager for the European High Yield Bond and European Senior Loan strategies, and co-portfolio manager for the Global High Yield Bond strategy. She is also the head of the firm’s EMEA Diversity & Inclusion Committee. Before joining Oaktree, Ms. Jones spent more than three years at Deutsche Bank AG in London as a senior associate in the Leveraged Debt Origination Group specializing in loan, mezzanine and high yield bond financings to support European leveraged buyouts. Prior thereto, she spent two years in the Acquisition Finance Group at Natwest Group plc. Ms. Jones received a B.A. degree in economics from the University of Durham, England. She is a CFA charterholder. | ||
| David Rosenberg | Managing Director | 2014 | Now |
| Biography | Mr. Rosenberg serves as a co-portfolio manager of Oaktree’s U.S. High Yield Bond and Global High Yield Bond strategies. He also serves as a co-portfolio manager of the Global Credit strategy and is a founding member of its Investment Committee. Mr. Rosenberg joined Oaktree in 2004 following graduation from the University of Southern California with an M.B.A. in business administration. Before attending graduate school, he served as an associate in the Franchise Systems Finance Group at J.P. Morgan. Mr. Rosenberg also holds an M.P.A. in professional accounting with a concentration in finance and a B.A. degree in business administration from the University of Texas at Austin. He is a Certified Public Accountant (inactive). | ||
| Patrick W. Galley | Vice President | 2012 | Now |
| Biography | Mr. Galley joined RiverNorth Capital Management, LLC in 2004 and serves as Chief Executive Officer and Chief Investment Officer. Prior to joining the RiverNorth Capital Management, LLC, Mr. Galley was Vice President at Bank of America in the Global Investment Bank's Portfolio Management group where he specialized in analyzing and structuring corporate transactions for investment management firms in addition to closed-end and open-end funds, hedge funds, fund of funds, structured investment vehicles and insurance/reinsurance companies. Mr. Galley graduated with honors from Rochester Institute of Technology with a B.S. in Finance. Mr. Galley is a CFA Charterholder and member of the CFA Institute and the CFA Society of Chicago. | ||
| Stephen A. O'Neill | Co-Portfolio Manager | 2012 | Now |
| Biography | Steve joined RiverNorth in 2007 and serves as Portfolio Manager. Steve co-manages the firm's closed-end fund trading strategies and helps to oversee the firm's closed-end fund investment analysts. Prior to joining RiverNorth, Steve was Assistant Vice President at Bank of America in the Global Investment Bank's Portfolio Management group where he specialized in the corporate real estate, asset management and structured finance industries. Steve graduated Magna Cum Laude from Miami University of Ohio with a B.S. in Finance and a minor in Economics. He is a CFA Charterholder and member of the CFA Institute and the CFA Society of Chicago. | ||
| Sheldon M. Stone | Portfolio Manager | 2012 | Now |
| Biography | Mr. Stone is the head of Oaktree’s high yield business. In this capacity, he serves as co-portfolio manager of Oaktree’s U.S. High Yield Bond and Global High Yield Bond strategies and has supervisory responsibility for European High Yield Bonds. Mr. Stone, a co-founding member of Oaktree in 1995, established TCW’s High Yield Bond Department with Mr. Marks in 1985 and ran the department for ten years. Prior to joining TCW, Mr. Stone worked with Mr. Marks at Citibank for two years where he performed credit analysis and managed high yield bond portfolios. From 1978 to 1983, Mr. Stone worked at The Prudential Insurance Company where he was a Director of Corporate Finance, managing a fixed income portfolio exceeding $1 billion. Mr. Stone holds a B.A. degree from Bowdoin College and an M.B.A. in Accounting and Finance from Columbia University. Mr. Stone serves as a Trustee of Colonial Williamsburg Foundation and Bowdoin College. | ||
| Armen Panossian | Portfolio Manager | 2014 | 2020 |
| Biography | Mr. Panossian joined Oaktree in 2007 as a senior member of its Distressed Debt investment team where he contributed to the analysis and portfolio construction of its funds. In January 2014, he joined the U.S. Senior Loan team to assume co-portfolio management responsibilities and lead the development of Oaktree’s CLO business. Mr. Panossian joined Oaktree from Pequot Capital Management, where he spent three years, most recently as a vice president, working on their distressed debt strategy. Prior experience includes two years as a financial analyst in the mergers and acquisitions department at Morgan Stanley Dean Witter. Mr. Panossian received a B.A. degree in economics with honors and distinction from Stanford University, where he was elected to Phi Beta Kappa. He then went on to receive an M.S. degree in health service research from Stanford Medical School and J.D. and M.B.A. degrees from Harvard Law School and Harvard Business School. He is a member of the State Bar of California. | ||
| James Turner | Managing Director and Portfolio Manager | 2016 | 2019 |
| Biography | Mr. Turner joined Oaktree in 2001 and serves as portfolio manager for the European High Yield Bond strategy, co-portfolio manager for the Global High Yield Bond and European Senior Loan strategies and assistant portfolio manager for the European CLO strategy. Over the years he has covered a wide range of sectors and invested through a number of financial cycles. Previously, he was employed by Schroder Salomon Smith Barney as an associate in both the Mergers & Acquisitions and Financial Sponsors divisions, working on a number of high profile public transactions. He qualified as a Chartered Accountant with Deloitte & Touche and is an honours graduate of the University of Nottingham, England. | ||
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