Morningstar

Deer Park Total Return Credit Fund Class A DPFAX

Morningstar Medalist Rating
Medalist Rating as of | See Deer Park Investment Hub
  • NAV / 1-Day Return 7.56  /  +0.13 %
  • Total Assets 86.2M
  • Adj. Expense Ratio
    1.550%
  • Expense Ratio 1.760%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 7.68%
  • Effective Duration —

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:55 AM GMT+0

Morningstar’s Analysis DPFAX

Will DPFAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DPFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DPFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DPFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Deer Park Total Return Credit A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings DPFAX

More DPFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Carrington Mortgage Loan Trust 4.69282%

3.45 3M
Securitized

First American Government Obligs X

3.40 3M
Cash and Equivalents

Saxon Asset Securities Trust 2004-2 6.76282%

3.21 3M
Securitized

Starwood Retail Property Trust 2014-Star 0.78738%

3.12 3M
Securitized

Home Eqty Ln Tst 4.26282%

3.03 3M
Securitized

Morgan Stanley Bank Of America Merrill Lynch Trust 3%

2.76 3M
Securitized

JPMBB Commercial Mortgage Securities Trust 2016-C1 4.91513%

2.72 2M
Securitized

Citigroup Mortgage Loan Trust Inc. 4.73782%

2.66 2M
Securitized

Cwabs Asset Backed Certificates Series 2002-4 4.73782%

2.47 2M
Securitized

Bear Stearns Mortgage Funding Trust 2006-Ar5 4.18282%

2.36 2M
Securitized

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