An experienced yet lean team manages RiverPark Short Term High Yield’s distinctive approach of investing in issues with shortened maturities due to an expected business structure change, which often results in a credit-quality-agnostic relatively concentrated portfolio.
RiverPark Short Term High Yield Instl RPHIX
- NAV / 1-Day Return 9.70 / −0.10 %
- Total Assets 792.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.920%
- Distribution Fee Level High
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 50,000
- Status Open
- TTM Yield 5.41%
- Effective Duration —
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:22 PM GMT+0
Morningstar’s Analysis RPHIX
Will RPHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 42.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 4.75% | 6.49 | 52.1 Mil | Corporate |
PDC Energy, Inc. 5.75% | 5.87 | 47.1 Mil | Corporate |
Valvoline Inc 4.25% | 5.32 | 42.7 Mil | Corporate |
AMC Networks Inc 4.75% | 4.70 | 37.7 Mil | Corporate |
Splunk Inc 1.125% | 4.55 | 36.5 Mil | Corporate |
StoneX Group Inc 8.625% | 4.39 | 35.2 Mil | Corporate |
Crescent Energy Finance LLC 7.25% | 4.19 | 33.7 Mil | Corporate |
USA Compression Partners LP / USA Compression Finance Corp 6.875% | 3.94 | 31.6 Mil | Corporate |
Energy Transfer LP FXDFR PRF PERPETUAL USD 25 - Ser E | 3.64 | 29.2 Mil | Energy |
CrownRock LP 5.625% | 2.86 | 23.0 Mil | Corporate |