Welcome to our dedicated page for RCIRX news (Ticker: RCIRX), a resource for investors and traders seeking the latest updates and insights on RCIRX stock.
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Regan Capital, managing over $2.2 billion in assets, announced a fee reduction for its Regan Total Return Income Fund (RCIRX). Effective January 31, 2025, the fund's Management Fee will decrease from 0.89% to 0.85%, and the Expense Cap will drop from 1.20% to 0.99%.
The fund, which focuses on high-quality, discounted mortgage bonds and active trading, recently surpassed $1 billion in assets, reaching $1.13 billion as of January 29, 2025. RCIRX has demonstrated strong performance, generating a total return of 31.17% since its October 1, 2020 inception, while the Bloomberg U.S. Aggregate Bond TR Index declined by 7.87% during the same period.