RiverPark Short Term High Yield uses an unconventional process of identifying high-yield issues with shortened maturities owing to an expected structural change to their underlying businesses. This limits its investment universe and results in a relatively concentrated portfolio. Its unusual approach coupled with an experienced but lean team warrant a Morningstar Analyst Rating of Neutral for all share classes.
- NAV / 1-Day Return 9.59 / 0.00
- Total Assets 903.0 Mil
Adj. Expense Ratio
- Expense Ratio 1.170%
- Distribution Fee Level High
- Share Class Type No Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.21%
- Effective Duration 0.33 years
Morningstar’s Analysis RPHYX
Will RPHYX outperform in future?
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