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.
RiverPark Short Term High Yield Instl RPHIX
- NAV / 1-Day Return 9.72 / 0.00
- Total Assets 785.8 Mil
-
Adj. Expense Ratio
- 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 5.58%
- Effective Duration —
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 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.
People Pillar
Parent Pillar
- 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
|
---|---|---|---|
Northriver Midstream Finance LP 5.625% | 7.44 | 57.4 Mil | Corporate |
Sealed Air Corp. 5.125% | 3.37 | 26.0 Mil | Corporate |
Bluenord ASA 9% | 3.20 | 24.7 Mil | Corporate |
ModivCare Inc 5.875% | 3.00 | 23.2 Mil | Corporate |
Turning Point Brands Inc 2.5% | 2.98 | 23.0 Mil | Corporate |
CrownRock LP 5.625% | 2.98 | 23.0 Mil | Corporate |
Jazz Investments I LTD 1.5% | 2.95 | 22.8 Mil | Corporate |
Opnet S.p.A 10.892% | 2.67 | 20.6 Mil | Corporate |
Blackline Inc 0.125% | 2.53 | 19.5 Mil | Corporate |
HAT Holdings I LLC and HAT Holdings II LLC 6% | 2.47 | 19.1 Mil | Corporate |