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RiverPark Short Term High Yield Retail RPHYX

Analyst rating as of
NAV / 1-Day Return
9.61  /  0.01 %
Total Assets
718.6 Mil
Adj. Expense Ratio
1.180%
Expense Ratio
1.180%
Fee Level
High
Longest Manager Tenure
10.00 years
Category
US Fund High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.15%
Effective Duration
0.59 years
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Morningstar’s Analysis

Will RPHYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A unique high-yield offering.

Summary

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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.

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