Morningstar

RiverPark Short Term High Yield Fund Class Institutional RPHIX

Morningstar Medalist Rating
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Medalist Rating as of See River Park Funds Investment Hub
  • NAV / 1-Day Return $9.71  /  −0.10 %
  • Fund Size $341.7M
  • Adjusted Expense Ratio 0.960%
  • Net Expense Ratio 0.960%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $50,000
  • Investment Status Open
  • TTM Yield 3.74%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis RPHIX

Will RPHIX 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 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.

Unusual but unconvincing.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

RiverPark Short Term High Yield struggles to justify a place in an investors’ portfolio.

by Saraja Samant
Rated on Published on

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Portfolio Holdings RPHIX

More RPHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Iqvia Inc 5%

6.31 30M
Cash and Equivalents

Annaly Capital Management Inc Pfd

6.03 29M
Real Estate

Clearwater Paper Corporation 4.75%

3.82 18M
Corporate

Ziff Davis Inc 1.75%

3.50 17M
Corporate

Unity Software Inc 0%

3.32 16M
Corporate

Darling Ingredients, Inc 5.25%

3.25 16M
Corporate

888 Holdings Tl B S+525

3.09 15M
Corporate

Cash & Cash Equivalents

3.06 15M
Cash and Equivalents

National Healthcare Properties Inc 7.125% PRF PERPETUAL USD 25 - Ser B

3.02 14M
Real Estate

PENN Entertainment Inc 5.625%

2.93 14M
Corporate

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