RiverPark Short Term High Yield uses an unconventional process of identifying high-yield issues with shortened maturities owing to an expected structural change to their underlying businesses. This limits its investment universe and results in a relatively concentrated portfolio. Its unusual approach coupled with an experienced but lean team warrant a Morningstar Analyst Rating of Neutral for all share classes.
NAV / 1-Day Return
9.71 / 0.12 %
Adj. Expense Ratio
Longest Manager Tenure
High Yield Bond
Credit Quality / Interest Rate Sensitivity—
Min. Initial Investment
Morningstar’s Fund Analysis RPHIX
Will RPHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.