Deer Park Total Return Credit C (DPFCX)
| Fund Assets | 113.00M |
| Expense Ratio | 2.84% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 6.50% |
| Dividend Growth | 1.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 8.00 |
| YTD Return | 1.26% |
| 1-Year Return | -1.96% |
| 5-Year Return | -2.07% |
| 52-Week Low | 7.92 |
| 52-Week High | 8.46 |
| Beta (5Y) | n/a |
| Holdings | 321 |
| Inception Date | Apr 6, 2017 |
About DPFCX
Deer Park Total Return Credit Fund Class C is a mutual fund designed to provide both income and capital appreciation. Its primary focus is on investing in asset-backed debt securities, particularly those backed by a range of underlying assets such as consumer loans, mortgages, and other receivables. This approach exposes the fund to the structured credit markets, allowing it to diversify risks associated with traditional fixed income investments by tapping into various sectors of the asset-backed security (ABS) universe. The fund typically holds a diverse set of debt instruments, including bonds of varying credit qualities. Notable among its holdings are bonds associated with commercial and consumer finance, as indicated by allocations to entities like the Starwood Retail Property Trust and various home equity loan trusts. Deer Park Total Return Credit Fund Class C distributes income to shareholders on a monthly basis, featuring a comparatively high dividend yield within its category. The fund charges higher-than-average expenses for its share class, which reflects the active management style required in the complex ABS market. Overall, the fund plays a role as a specialized credit vehicle, offering exposure to securitized debt for investors seeking alternatives to conventional bond funds.
Performance
DPFCX had a total return of -1.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.02%.
Top 10 Holdings
22.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Home Eqty Ln Tst - HELT 2007-FRE1 M1 | HELT.2007-FRE1 M1 | 2.68% |
| Wells Fargo Commercial Mortgage Trust 2012-Lc5 - WFCM 2013-LC12 D | WFCM.2013-LC12 D | 2.50% |
| Saxon Asset Securities Trust 2004-2 - SAST 2007-4 M1 | SAST.2007-4 M1 | 2.43% |
| Carrington Mortgage Loan Trust - CARR 2005-FRE1 M4 | CARR.2005-FRE1 M4 | 2.33% |
| JPMBB Commercial Mortgage Securities Trust 2016-C1 - JPMBB 2016-C1 E | JPMBB.2016-C1 E | 2.32% |
| Starwood Retail Property Trust 2014-Star - SRPT 2014-STAR A | SRPT.2014-STAR A | 2.28% |
| Citigroup Mortgage Loan Trust Inc. - CMLTI 2005-HE4 M5 | n/a | 2.18% |
| Morgan Stanley Bank Of America Merrill Lynch Trust - MSBAM 2016-C30 E | MSBAM.2016-C30 E | 2.17% |
| Bear Stearns Mortgage Funding Trust 2006-Ar5 - BSMF 2006-AR5 1A2 | n/a | 2.12% |
| Bear Stearns Mortgage Funding Trust 2007-Ar1 - BSMF 2007-AR1 1A2 | BSMF.2007-AR1 1A2 | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 28, 2025 | $0.0436 | Aug 29, 2025 |
| Jul 30, 2025 | $0.0428 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0435 | Jun 30, 2025 |
| May 29, 2025 | $0.0433 | May 30, 2025 |
| Apr 29, 2025 | $0.0428 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0436 | Mar 31, 2025 |