REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
To the Shareholders and Board of Trustees of
City National Rochdale Funds
In planning and performing our audit of the financial
statements of City National Rochdale Government Money
Market Fund, City National Rochdale California Tax
Exempt Bond Fund, City National Rochdale Municipal
High
Income Fund, City National Rochdale Fixed Income
Opportunities Fund, City National Rochdale Equity
Income
Fund, and City National Rochdale U.S. Core Equity
Fund (the Funds), each a series of shares of
beneficial interest
in City National Rochdale Funds, as of and for the
year ended September 30, 2023, 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 Funds 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 trustees 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 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
September 30, 2023.
This report is intended solely for the information
and use of management and the Board of Trustees of
the Funds
and the Securities and Exchange Commission and is not
intended to be and should not be used by anyone other
than these specified parties.


COHEN & COMPANY, LTD.
Philadelphia, Pennsylvania
November 30, 2023