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RiverPark Short Term High Yield Instl RPHIX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See River Park Funds Investment Hub

Morningstar’s Analysis RPHIX

Will RPHIX outperform in 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 RPHIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the RPHIX 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 RPHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A unique high-yield offering with a high price tag.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

RiverPark Short Term High Yield's distinctive approach of investing in issues with shortened maturities owing to an expected structural change to their business limits the strategy’s investment universe and results in a concentrated portfolio. This unconventional process is managed by an experienced yet lean team, thus warranting a Morningstar Analyst Rating of Neutral for its institutional share class and a Negative rating for its retail share class.

by Saraja Samant
Rated on Published on

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