River Canyon Total Return Bond Fund Institutional Shares NMFQS:RCTIX

Multisector Bond | River Canyon

$9.68

↓ $-0.40 (-3.97%)

Last Updated: Oct 20, 2026

Fund Information

Fund Category Multisector Bond

Fund Family River Canyon

Fund Style Large

ISIN US00770G6567

CUSIP 00770G656

Inception Date 2014-12-30

Domicile United States

Country USA

Fiscal Year End September

NAV Chart

Fund Metrics

Net Assets $1.89 Billion

Share Class Net Assets $1.89 Billion

Expense Ratio 0.67%

Expense Ratio Date 2026-01-28

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 1.36%

1-Year Return 2.69%

3-Year Return 7.05%

5-Year Return 4.28%

NAV $9.68

Previous Close Price $10.08

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About River Canyon Total Return Bond Fund Institutional Shares

The fund seeks to achieve its objective by investing, under normal conditions, at least 80% of its assets (net assets plus borrowings for investment purposes) in bonds. The Adviser defines bonds to include mortgage-backed securities, debt securities, exchange-traded funds investing principally in bonds, and other fixed income instruments issued by governmental or private-sector entities.

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % %

Cash-Flow Growth % %

Dividend Yield % %

Historical Earnings % %

Long-Term Earnings % %

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	93.70%	93.70%	0.00%	108.91%	100.00%
Cash	6.29%	6.45%	0.17%	25.79%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.12%	0.00%
Not Classified	0.00%	0.00%	0.00%	3.46%	0.00%
Other	0.00%	0.00%	0.00%	0.49%	0.00%
US Stock	0.01%	0.01%	0.00%	0.56%	0.00%

Top Holdings

Name	Weight	Owned	Change
Northern Inst Fds TREAS PRT PRMR	8.35%	-	-
Asurion Term Loan B-8 325 2026-12-08	3.25%	-	-
LTMCI 13.375 10/15/27 144A	3.17%	-	-
T 4.25 02/15/54	3.16%	-	-
LABL 10.5 07/15/27 144A	1.37%	-	-
CIOX Health (fka Healthport) Term Loan B 425 2025-12-01	2.84%	-	-
FREMF 2019-KF59 C	1.83%	-	-
PR PRCDEV 7.5 08/20/2040	1.90%	-	-
FAT BRANDS FAZOLI'S 7.00%	1.96%	-	-
FGFG 2021-1A A2	1.89%	-	-
Northern Institutional Funds TREAS PRT PRMR	5.76%	-	-
Cobham Ultra SeniorCo S.a.r.l.	1.14%	-	-
FTX CLAIM INTERNATIONAL	2.51%	-	-
STONPB 10.75 07/31/29 144A	1.94%	-	-
BLDRS 2024-NPL1 A1B	1.07%	-	-
TWIN HOSPITALITY I 9.00%	1.14%	-	-
IGT 4.125 04/15/26 144A	1.63%	-	-
AVCCT 2024-1A D	1.11%	-	-
DISH 7.75 07/01/26	3.66%	-	-
CSC Holdings (Cablevision/Altice USA) Term Loan B 250 2027-04-01	1.16%	-	-
PR PRC 11/01/2043	1.19%	-	-
CMGMCO L 06/18/29 5	1.15%	-	-
BPYU 5.75 05/15/26 144A	1.09%	-	-
T 3.5 02/28/31	1.82%	-	-
CRFT 2026-1A CLN	1.39%	-	-
NORTHERN INSTITUTIONAL FUNDS TREAS PRT PRMR	2.02%	-	-
CLOVER HOLDING 2 LLC TL	1.07%	-	-

See the full breakdown of RCTIX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	13.11%	6.44%	0.00%
Bond Sector	Corporate	0.00%	30.13%	28.20%	32.91%
Bond Sector	Derivative	0.00%	9.68%	0.00%	0.00%
Bond Sector	Government	0.00%	20.88%	1.79%	52.69%
Bond Sector	Municipal	0.00%	0.18%	3.04%	0.04%
Bond Sector	Securitized	0.00%	26.02%	60.51%	14.36%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.00%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.06%	-	-
Americas	North America	82.55%	100.00%	-
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	0.06%	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	17.18%	-	-
Greater Europe	Europe Emerging	0.13%	-	-
Greater Europe	United Kingdom	0.01%	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-30	$0.102	$0.102	USD	-	-	-	-
2024-11-27	$0.095	$0.095	USD	-	2024-11-26	2024-11-27	Monthly
2024-10-30	$0.042	$0.042	USD	-	2024-10-29	2024-10-30	Monthly
2024-09-27	$0.064	$0.064	USD	-	2024-09-26	2024-09-27	Monthly
2024-08-29	$0.058	$0.058	USD	-	2024-08-28	2024-08-29	Monthly
2024-07-30	$0.062	$0.062	USD	-	2024-07-29	2024-07-30	Monthly
2024-06-27	$0.061	$0.061	USD	-	2024-06-26	2024-06-27	Monthly
2024-05-30	$0.063	$0.063	USD	-	2024-05-29	2024-05-30	Monthly
2024-04-29	$0.068	$0.068	USD	-	2024-04-26	2024-04-29	Monthly
2024-03-27	$0.063	$0.063	USD	-	2024-03-26	2024-03-27	Monthly
2024-02-28	$0.065	$0.065	USD	-	2024-02-27	2024-02-28	Monthly
2024-01-30	$0.047	$0.047	USD	-	2024-01-29	2024-01-30	Monthly
2023-12-28	$0.118	$0.118	USD	-	2023-12-27	2023-12-28	Monthly
2023-11-28	$0.084	$0.084	USD	-	2023-11-27	2023-11-28	Monthly
2023-10-27	$0.049	$0.049	USD	-	2023-10-26	2023-10-27	Monthly
2023-09-28	$0.092	$0.092	USD	-	2023-09-27	2023-09-28	Monthly
2023-08-28	$0.082	$0.082	USD	-	2023-08-25	2023-08-28	Monthly
2023-07-28	$0.064	$0.064	USD	-	2023-07-27	2023-07-28	Monthly
2023-06-28	$0.060	$0.060	USD	-	2023-06-27	2023-06-28	Monthly
2023-05-30	$0.071	$0.071	USD	-	2023-05-26	2023-05-30	Monthly
2023-04-27	$0.061	$0.061	USD	-	2023-04-26	2023-04-27	Monthly
2023-03-28	$0.063	$0.063	USD	-	2023-03-27	2023-03-28	Monthly
2023-02-27	$0.049	$0.049	USD	-	2023-02-24	2023-02-27	Monthly
2023-01-27	$0.063	$0.063	USD	2023-01-27	2023-01-26	2023-01-27	Monthly
2022-12-28	$0.086	$0.086	USD	2022-12-28	2022-12-27	2022-12-28	Monthly
2022-11-28	$0.073	$0.073	USD	2022-11-28	2022-11-25	2022-11-28	Monthly
2022-10-28	$0.067	$0.067	USD	2022-10-28	2022-10-27	2022-10-28	Monthly
2022-09-28	$0.055	$0.055	USD	2022-09-28	2022-09-27	2022-09-28	Monthly
2022-08-29	$0.044	$0.044	USD	2022-08-29	2022-08-26	2022-08-29	Monthly
2022-07-28	$0.042	$0.042	USD	2022-07-28	2022-07-27	2022-07-28	Monthly
2022-06-28	$0.048	$0.048	USD	2022-06-28	2022-06-27	2022-06-28	Monthly
2022-05-27	$0.055	$0.055	USD	2022-05-27	2022-05-26	2022-05-27	Monthly
2022-04-28	$0.026	$0.026	USD	2022-04-28	2022-04-27	2022-04-28	Monthly
2022-03-28	$0.040	$0.040	USD	2022-03-28	2022-03-25	2022-03-28	Monthly
2022-02-25	$0.028	$0.028	USD	2022-02-25	2022-02-24	2022-02-25	Monthly
2022-01-28	$0.034	$0.034	USD	2022-01-28	2022-01-27	2022-01-28	Monthly
2021-12-28	$0.037	$0.037	USD	2021-12-28	2021-12-27	2021-12-28	Monthly
2021-11-26	$0.028	$0.028	USD	2021-11-26	2021-11-24	2021-11-26	Monthly
2021-10-27	$0.036	$0.036	USD	2021-10-27	2021-10-26	2021-10-27	Monthly
2021-09-28	$0.045	$0.045	USD	2021-09-28	2021-09-27	2021-09-28	Monthly
2021-08-27	$0.012	$0.012	USD	2021-08-27	2021-08-26	2021-08-27	Monthly
2021-07-28	$0.031	$0.031	USD	2021-07-28	2021-07-27	2021-07-28	Monthly
2021-06-28	$0.033	$0.033	USD	2021-06-28	2021-06-25	2021-06-28	Monthly
2021-05-27	$0.035	$0.035	USD	2021-05-27	2021-05-26	2021-05-27	Monthly
2021-04-22	$0.046	$0.046	USD	2021-04-22	2021-04-21	2021-04-22	Monthly
2021-03-18	$0.025	$0.025	USD	2021-03-18	2021-03-17	2021-03-18	Monthly
2021-02-18	$0.004	$0.004	USD	2021-02-18	2021-02-17	2021-02-18	Monthly
2020-12-17	$0.100	$0.100	USD	2020-12-17	2020-12-16	2020-12-17	Monthly
2020-11-19	$0.053	$0.053	USD	2020-11-19	2020-11-18	2020-11-19	Monthly
2020-10-22	$0.022	$0.022	USD	2020-10-22	2020-10-21	2020-10-22	Monthly
2020-09-24	$0.047	$0.047	USD	2020-09-24	2020-09-23	2020-09-24	Monthly
2020-08-20	$0.042	$0.042	USD	2020-08-20	2020-08-19	2020-08-20	Monthly
2020-07-23	$0.029	$0.029	USD	2020-07-23	2020-07-22	2020-07-23	Monthly
2020-06-25	$0.037	$0.037	USD	2020-06-25	2020-06-24	2020-06-25	Monthly
2020-05-21	$0.031	$0.031	USD	2020-05-21	2020-05-20	2020-05-21	Monthly
2020-04-23	$0.022	$0.022	USD	2020-04-23	2020-04-22	2020-04-23	Monthly
2020-02-20	$0.011	$0.011	USD	2020-02-20	2020-02-19	2020-02-20	Monthly
2020-01-23	$0.018	$0.018	USD	2020-01-23	2020-01-22	2020-01-23	Monthly
2019-12-19	$0.049	$0.049	USD	2019-12-19	2019-12-18	2019-12-19	Monthly
2019-11-21	$0.040	$0.040	USD	2019-11-21	2019-11-20	2019-11-21	Monthly
2019-10-24	$0.027	$0.027	USD	2019-10-24	2019-10-23	2019-10-24	Monthly
2019-09-24	$0.023	$0.023	USD	2019-09-24	2019-09-23	2019-09-24	Monthly
2019-08-22	$0.025	$0.025	USD	2019-08-22	2019-08-21	2019-08-22	Monthly
2019-07-25	$0.029	$0.029	USD	2019-07-25	2019-07-24	2019-07-25	Monthly
2019-06-20	$0.057	$0.057	USD	2019-06-20	2019-06-19	2019-06-20	Quarterly
2019-03-21	$0.043	$0.043	USD	2019-03-21	2019-03-20	2019-03-21	Quarterly
2018-12-21	$0.096	$0.096	USD	2018-12-21	2018-12-20	2018-12-21	Quarterly
2018-09-21	$0.064	$0.064	USD	2018-09-21	2018-09-20	2018-09-21	Quarterly
2018-06-21	$0.071	$0.071	USD	2018-06-21	2018-06-20	2018-06-21	Quarterly
2018-03-22	$0.105	$0.105	USD	2018-03-22	2018-03-21	2018-03-22	Quarterly
2017-12-21	$0.207	$0.207	USD	2017-12-21	2017-12-20	2017-12-21	Quarterly
2017-09-22	$0.131	$0.131	USD	2017-09-22	2017-09-21	2017-09-22	Quarterly
2017-06-22	$0.124	$0.124	USD	2017-06-22	2017-06-21	2017-06-22	Quarterly
2017-03-22	$0.044	$0.044	USD	2017-03-22	2017-03-21	2017-03-22	Quarterly
2016-12-22	$0.091	$0.091	USD	2016-12-22	2016-12-21	2016-12-22	Other
2016-09-22	$0.068	$0.068	USD	-	-	-	-
2016-06-22	$0.035	$0.035	USD	-	-	-	-
2016-03-29	$0.035	$0.035	USD	-	-	-	-
2015-12-23	$0.121	$0.121	USD	-	-	-	-
2015-09-23	$0.183	$0.183	USD	-	-	-	-
2015-06-23	$0.201	$0.201	USD	-	-	-	-
2015-03-23	$0.065	$0.065	USD	-	-	-	-

View the full dividend history for RCTIX.