0001752724-22-176790.txt : 20220815
0001752724-22-176790.hdr.sgml : 20220815
20220815090311
ACCESSION NUMBER: 0001752724-22-176790
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20220531
FILED AS OF DATE: 20220815
DATE AS OF CHANGE: 20220815
EFFECTIVENESS DATE: 20220815
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: 221162681
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
SEI Investments Distribution Co.
1 Freedom Valley Drive
OAKS
19456
610-676-1000
Records as Distributor for Trust
SEI Investments Global Funds Services
1 Freedom Valley Drive
OAKS
19456
610-676-1000
Records as Administrator 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
U.S. Bank National Association
425 Walnut Street
Cincinnati
45202
800-872-2657
Records as Custodian for Trust
CIFC Investment Management LLC
875 3rd Avenue
24th Floor
New York
10022
1-212-624-1200
Records as sub-advisor for Trust
City National Rochdale, LLC
400 North Roxbury Dr
Beverly Hills
90210
310-888-6000
Records as Advisor for Trust
N
N
N
N-2
Y
Jon C. Hunt
N/A
N
Jay C. Nadel
N/A
N
James R. Wolford
N/A
N
Julie C. Miller
N/A
N
Daniel A. Hanwacker
N/A
N
Andrew S. Clare
N/A
Y
Michael Carbone
N/A
400 Park Avenue
New York
10022
XXXXXX
Y
N
N
N
N
N
N
SEI Investments Distribution Co.
8-27897
000010690
N/A
N
N
EisnerAmper LLP
274
N/A
N
N
N
N
N
N
N
City National Rochdale Strategic Credit Fund
549300Z5M285SUK0Q514
N
1
0
0
Interval Fund
Y
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
Y
N
City National Rochdale, LLC
801-27265
000117198
549300EOOYRQIBYP3C02
N
CIFC Investment Management LLC
801-53728
000107050
N/A
N
N
U.S. Bank Global Fund Services
N/A
N/A
N
N
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
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S&P
549300U4VWNITEKO2881
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Thomson Reuters Corporation
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CA
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Bloomberg
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IHS Markit
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GB
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Pricing Direct
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N
U.S. Bank National Association
6BYL5QZYBDK8S7L73M02
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
CITIGROUP GLOBAL MARKETS
008-08177
000007059
MBNUM2BPBDO7JBLYG310
11773640.00000000
BANK OF AMERICA
008-69787
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549300HN4UKV1E2R3U73
2365000.00000000
JPM CHASE
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SOCIETE GENERALE COWEN SECURITIES CORP.
008-40756
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5493008QI0EFC5WBED75
2256250.00000000
NOMURA SECURITIES
008-15255
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WELLS FARGO BROKERAGE SERVICES, LLC
008-65876
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10440000.00000000
GOLDMAN, SACHS & CO.
008-00129
000000361
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8168580.00000000
MONTGOMERY/BANK OF AMERICA
008-69787
000283942
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BARCLAYS CAPITAL (DMA)
008-41342
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MORGAN STANLEY & CO, INC
008-15869
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22500557.50000000
116386653.47000000
N
208160739.74000001
Common stock
City National Rochdale Strategic Credit Fund
N
N
Common stock
N
N
N
1.25
1.95
8.97
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false
false
true
false
false
false
INTERNAL CONTROL RPT
2
CNR_SCF_ICL.txt
INTERNAL CONTROL LETTER
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM - DRAFT
To the Board of Trustees and Stockholders of
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, 2022, 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 and for the year
ended May 31, 2022.
This report is intended solely for the information
and use of management and the Board of Trustees of
the 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 28, 2022