RPHYX – RiverPark Short Term High Yield Retail Investment Strategy | Morningstar

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Strategy

The investment seeks high current income and capital appreciation consistent with the preservation of capital. Under normal circumstances, the fund will invest no less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in high yield Securities rated BB or below by a Rating Agency or, if unrated, determined by Cohanzick to be of comparable quality. It will maintain a dollar-weighted average effective maturity of no more than three years.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
RPHYX	RiverPark Short Term High Yield Fund Class Retail	No Load	Open			Sep 30, 2010	$26.54M	1.240%	High	$1,000	−$3.21M
RPHIX	RiverPark Short Term High Yield Fund Class Institutional	Institutional	Open			Sep 30, 2010	$419.26M	0.960%	High	$50,000	−$286.67M

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