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 Retail RPHYX
- NAV / 1-Day Return 9.65 / 0.00
- Total Assets 786.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.190%
- Distribution Fee Level High
- Share Class Type No Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.49%
- Effective Duration —
USD | NAV as of Oct 07, 2024 | 1-Day Return as of Oct 07, 2024, 10:52 PM GMT+0
Morningstar’s Analysis RPHYX
Will RPHYX 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 26.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Bank of America Corp. 6.25% | 5.16 | 40.2 Mil | Corporate |
Universal Entertainment Corp. 8.75% | 4.47 | 34.8 Mil | Corporate |
Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp. 7.5% | 4.42 | 34.4 Mil | Corporate |
Sealed Air Corp. 5.125% | 4.17 | 32.5 Mil | Corporate |
Matador Resources Company 5.875% | 3.02 | 23.5 Mil | Corporate |
Delta Air Lines Inc. 2.9% | 2.97 | 23.1 Mil | Cash and Equivalents |
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 6.25% | 2.76 | 21.5 Mil | Corporate |
NextEra Energy Capital Holdings Inc 4.255% | 2.65 | 20.6 Mil | Cash and Equivalents |
Sizzling Platter LLC 8.5% | 2.49 | 19.4 Mil | Corporate |
International Game Technology PLC 6.5% | 2.38 | 18.6 Mil | Corporate |