RiverNorth Floats Strategic Income Fund

Chicago-based investment management firm,RiverNorth Capital,has launched a new mutual fund. TheRiverNorth/DoubleLine Strategic Income Fundis an open ended fund that seeks to achieve current income and overall total return.

The portfolio will also be sub-advised byDoubleLine Capital. The managers of the strategic income fund are portfolio managers of RiverNorth,Patrick Galley,Stephen O'Neilland CEO and CIO of DoubleLine,Jeffrey Gundlach.

Click here for the release fromPR Newswire.