The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
RiverPark Floating Rate CMBS Instl RCRIX
- NAV / 1-Day Return 8.84 / 0.00
- Total Assets 33.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.850%
- Distribution Fee Level High
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 50,000
- Status Open
- TTM Yield 7.60%
- Effective Duration —
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:20 PM GMT+0
Morningstar’s Analysis RCRIX
Will RCRIX 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 58.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Bx Trust 2019-MMP 8.17311% | 8.65 | 2.8 Mil | Securitized |
BX COMMERCIAL MORTGAGE TRUST 7.69588% | 6.33 | 2.1 Mil | Securitized |
ARES COMMERCIAL MORTGAGE TRUST 2024-IND 7.37804% | 6.15 | 2.0 Mil | Securitized |
BX TRUST 2024-CNYN 6.74188% | 6.07 | 2.0 Mil | Securitized |
ILPT COMMERCIAL MORTGAGE TRUST 2022-LPF2 8.82989% | 5.98 | 1.9 Mil | Securitized |
BX COMMERCIAL MORTGAGE TRUST 2024-MDHS 6.9913% | 5.82 | 1.9 Mil | Securitized |
BX TRUST 2021-RISE 6.19898% | 5.58 | 1.8 Mil | Securitized |
BX TRUST 2022-PSB 7.78789% | 5.22 | 1.7 Mil | Securitized |
MHP COMMERCIAL MORTGAGE TRUST 7.65148% | 4.56 | 1.5 Mil | Securitized |
BX COMMERCIAL MORTGAGE TRUST 2021-CIP 7.12248% | 4.50 | 1.5 Mil | Securitized |