RiverPark Floating Rate CMBS Instl holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
RiverPark Floating Rate CMBS Fund Institutional Class Shares RCRIX
- NAV / 1-Day Return 8.88 / +0.11 %
- Total Assets 34.1M
-
Adj. Expense Ratio
0.850%
- Expense Ratio 0.850%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Securitized Bond - Focused
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 50,000
- Status Open
- TTM Yield 4.95%
- Effective Duration —
USD | NAV as of Jun 16, 2026 | 1-Day Return as of Jun 16, 2026, 12:58 AM GMT+0
Morningstar’s Analysis RCRIX
Will RCRIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the RCRIX 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 RCRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 51.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Cash & Cash Equivalents | 14.60 | 5M | Cash and Equivalents |
ARES COMMERCIAL MORTGAGE TRUST 2024 5.66824% | 5.55 | 2M | Securitized |
ARES TRUST 2024-IND2 5.61909% | 5.55 | 2M | Securitized |
BX Trust 2018-Bilt 5.32709% | 5.54 | 2M | Securitized |
NATL COMMERCIAL MORTAGAGE TRUST 2026-IND 0% | 5.54 | 2M | Securitized |
PLYM COMMERCIAL MORTGAGE TRUST 2026-IND 5.77709% | 5.53 | 2M | Securitized |
Bx Commercial Mortgage Trust 2018-Bioa 5.37709% | 5.51 | 2M | Securitized |
BX COMMERCIAL MORTGAGE TRUST 2025-B 5.17709% | 5.23 | 2M | Securitized |
BX COMMERCIAL MORTGAGE TRUST 2025-JDI 5.37709% | 4.94 | 2M | Securitized |
BX TRUST 2025-LUNR 5.47709% | 4.32 | 2M | Securitized |
United States