City National Financials
| CNRMX Fund | USD 9.36 0.03 0.32% |
City |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
City National Fund Summary
City National competes with Federated Hermes, Lord Abbett, Allianzgi Diversified, Wilmington Diversified, and Aqr Diversified. 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.Specialization | High Yield Muni, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US17800P4569 |
| Business Address | CNI Charter Funds |
| Mutual Fund Family | City National Rochdale |
| Mutual Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 888 889 0799 |
| Currency | USD - US Dollar |
City National Key Financial Ratios
City Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining City National's current stock value. Our valuation model uses many indicators to compare City National value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across City National competition to find correlations between indicators driving City National's intrinsic value. More Info.City National Rochdale is the top fund in annual yield among similar funds. It also is the top fund in year to date return among similar funds creating about 2,118 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the City National's earnings, one of the primary drivers of an investment's value.City National Rochdale Systematic Risk
City National's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. City National volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on City National Rochdale correlated with the market. If Beta is less than 0 City National generally moves in the opposite direction as compared to the market. If City National Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one City National Rochdale is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of City National is generally in the same direction as the market. If Beta > 1 City National moves generally in the same direction as, but more than the movement of the benchmark.
City National December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of City National help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of City National Rochdale. We use our internally-developed statistical techniques to arrive at the intrinsic value of City National Rochdale based on widely used predictive technical indicators. In general, we focus on analyzing City Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build City National's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3843 | |||
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.51 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.432 |
Other Information on Investing in City Mutual Fund
City National financial ratios help investors to determine whether City Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in City with respect to the benefits of owning City National security.
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