RiverPark Short Term High Yield stands out from competitors by narrowing its investment menu to corporate credit issues with shortened maturities resulting from a structural change to the underlying businesses. Its unconventional approach and concentrated style, combined with a small but experienced team, support a Morningstar Analyst Rating of Neutral for both its institutional and retail share classes.
Will RPHYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RPHYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RPHYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RPHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.