0001752724-21-167355.txt : 20210813
0001752724-21-167355.hdr.sgml : 20210813
20210813123117
ACCESSION NUMBER: 0001752724-21-167355
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210531
FILED AS OF DATE: 20210813
DATE AS OF CHANGE: 20210813
EFFECTIVENESS DATE: 20210813
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: City National Rochdale Strategic Credit Fund
CENTRAL INDEX KEY: 0001737936
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0531
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-23348
FILM NUMBER: 211170920
BUSINESS ADDRESS:
STREET 1: 400 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022-4406
BUSINESS PHONE: 2127023577
MAIL ADDRESS:
STREET 1: 400 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022-4406
N-CEN
1
primary_doc.xml
X0404
N-CEN
LIVE
0001737936
XXXXXXXX
811-23348
N-2
City National Rochdale Strategic Credit Fund
811-23348
0001737936
549300Z5M285SUK0Q514
400 Park Avenue
New York
10022
US-NY
US
1-888-889-0799
CIFC Investment Management LLC
875 3rd Avenue
24th Floor
New York
10022
1-212-624-1200
Records as sub-advisor for Trust
SEI Investments Global Funds Services
1 Freedom Valley Drive
OAKS
19456
610-676-1000
Records as Administrator for Trust
SEI Investments Distribution Co.
1 Freedom Valley Drive
OAKS
19456
610-676-1000
Records as Distributor for Trust
City National Rochdale, LLC
400 North Roxbury Dr
Beverly Hills
90210
310-888-6000
Records as Advisor for Trust
U.S. Bank National Association
425 Walnut Street
Cincinnati
45202
800-872-2657
Records as Custodian for Trust
U.S. Bank Global Fund Services
777 East Wisconsin Avenue
4th Floor
Milwaukee
53202
800-300-3863
Records As Transfer Agent For Trust
N
N
N
N-2
Y
Daniel A. Hanwacker
N/A
N
Jay C. Nadel
N/A
N
Julie C. Miller
N/A
N
Andrew S. Clare
N/A
Y
Jon C. Hunt
N/A
N
James R. Wolford
N/A
N
Don Andrews
N/A
400 Park Avenue
New York
10022
XXXXXX
N
N
N
N
N
N
N
SEI Investments Distribution Co.
8-27897
000010690
N/A
N
N
EisnerAmper LLP
274
N/A
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N
N
N
N
N
N
City National Rochdale Strategic Credit Fund
549300Z5M285SUK0Q514
N
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0
Interval Fund
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0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
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City National Rochdale, LLC
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CIFC Investment Management LLC
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U.S. Bank Global Fund Services
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N/A
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S&P
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Intercontinental Exchange, Inc.
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Bloomberg
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IHS Markit
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Thomson Reuters Corporation
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Pricing Direct
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U.S. Bank National Association
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N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
N
SEI Investments Global Funds Services
801-24593
SEC File Number
N
N
N
SEI Investments Distribution Co.
8-27897
000010690
N/A
0.00
0.00000000
GOLDMAN, SACHS & CO.
008-00129
000000361
FOR8UP27PHTHYVLBNG30
7376604.40000000
NOMURA SECURITIES INTERNATIONAL, INC.
008-15255
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CREDIT SUISSE FIRST BOSTON LLC.
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WELLS FARGO BROKERAGE SERVICES, LLC
008-65876
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ROBERT W. BAIRD & COMPANY
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JPM CHASE
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BROWNSTONE
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BARCLAYS CAPITAL (DMA)
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MONTGOMERY/BANK OF AMERICA
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MORGAN STANLEY & CO, INC
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Common stock
City National Rochdale Strategic Credit Fund
N
N
Common stock
N
N
N
1.25
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false
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INTERNAL CONTROL RPT
2
CNR_ICL.txt
INTERNAL CONTROL LETTER
REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
To the Board of Trustees
City National Rochdale Strategic Credit Fund
In planning and performing our audit of the
financial statements of City National Rochdale
Strategic Credit Fund (the Fund) as of and for
the year ended May 31, 2021 in accordance with
the standards of the Public Company Accounting
Oversight Board (United States) (PCAOB), we
considered the Funds internal control over
financial reporting, including controls over
safeguarding securities, as a basis for
designing our auditing procedures for the
purpose of expressing our opinion on the
financial statements and to comply with the
requirements of Form N-CEN, but not for the
purpose of expressing an opinion on the
effectiveness of the Funds internal control
over financial reporting. Accordingly, we
express no such opinion.
The management of the Fund is responsible for
establishing and maintaining effective internal
control over financial reporting. In
fulfilling this responsibility, estimates and
judgments by management are required to assess
the expected benefits and related costs of
controls. A funds internal control over
financial reporting is a process designed to
provide reasonable assurance regarding the
reliability of financial reporting and the
preparation of financial statements for
external purposes in accordance with generally
accepted accounting principles (GAAP). A funds
internal control over financial reporting
includes those policies and procedures that (1)
pertain to the maintenance of records that, in
reasonable detail, accurately and fairly
reflect the transactions and dispositions of
the assets of the fund; (2) provide reasonable
assurance that transactions are recorded as
necessary to permit preparation of financial
statements in accordance with GAAP, and that
receipts and expenditures of the fund are being
made only in accordance with authorizations of
management and directors of the fund; and (3)
provide reasonable assurance regarding
prevention or timely detection of unauthorized
acquisition, use or disposition of a funds
assets that could have a material effect on the
financial statements.
Because of its inherent limitations, internal
control over financial reporting may not
prevent or detect misstatements. Also,
projections of any evaluation of effectiveness
to future periods are subject to the risk that
controls may become inadequate because of
changes in conditions, or that the degree of
compliance with the policies or procedures may
deteriorate.
A deficiency in internal control over financial
reporting exists when the design or operation
of a control does not allow management or
employees, in the normal course of performing
their assigned functions, to prevent or detect
misstatements on a timely basis. A material
weakness is a deficiency, or combination of
deficiencies, in internal control over
financial reporting, such that there is a
reasonable possibility that a material
misstatement of the Funds annual or interim
financial statements will not be prevented or
detected on a timely basis.
Our consideration of the Funds internal control
over financial reporting was for the limited
purpose described in the first paragraph and
would not necessarily disclose all deficiencies
in internal control over financial reporting
that might be material weaknesses under
standards established by the PCAOB. However, we
noted no deficiencies in the Funds internal
control over financial reporting and its
operation, including controls over safeguarding
securities that we consider to be a material
weakness as defined above as of May 31, 2021.
This report is intended solely for the
information and use of management and the Board
of Trustees of City National Rochdale Strategic
Credit Fund and the Securities and Exchange
Commission and is not intended to be and should
not be used by anyone other than these
specified parties.
/s/ EisnerAmper LLP
EISNERAMPER LLP
Philadelphia, Pennsylvania
July 29, 2021