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RiverPark Short Term High Yield Instl RPHIX

Medalist Rating as of | See River Park Funds Investment Hub
  • NAV / 1-Day Return 9.67  /  0.00
  • Total Assets 781.2 Mil
  • Adj. Expense Ratio
    0.920%
  • 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 5.39%
  • Effective Duration

USD | NAV as of Mar 01, 2024 | 1-Day Return as of Mar 01, 2024, 11:16 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.

An unconventional approach to high-yield credit comes at a price.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

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.

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Portfolio Holdings RPHIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 36.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 4.75%

6.28 49.6 Mil
Corporate

PDC Energy, Inc. 5.75%

5.83 46.0 Mil
Corporate

CSC Holdings, LLC 5.25%

4.71 37.2 Mil
Corporate

UBS Group Funding (Switzerland) AG 7%

4.51 35.6 Mil
Corporate

CVR Energy Inc. 5.25%

4.10 32.4 Mil
Corporate

NGL Energy Partners LP/ NGL Energy Finance Corp 6.125%

3.69 29.1 Mil
Corporate

Energy Transfer LP FXDFR PRF PERPETUAL USD 25 - Ser E

3.65 28.8 Mil
Energy

Valvoline Inc 4.25%

3.51 27.7 Mil
Corporate

Carnival Corporation 9.875%

3.09 24.4 Mil
Corporate

CrownRock LP 5.625%

2.90 22.9 Mil
Corporate