RMK Multi-Sector High Income Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund seeks a high level of current income and capital growth as a secondary investment objective. It invests in a portfolio consisting primarily of debt securities that offer attractive yield and capital appreciation potential. The Fund invests a majority of its total assets in below investment grade debt securities, including up to 20% of the Fund’s total assets in distressed securities. The Fund invests in a range of debt securities, including, corporate bonds, mortgage-backed and asset-backed securities, convertible debt securities, distressed securities, United States government and municipal obligations, and foreign government obligations. Its investment advisor is Morgan Asset Management, Inc., a wholly owned subsidiary of MK Holding, Inc., which is a wholly owned subsidiary of Regions Financial Corporation.
- Symbol: RHY