RiverPark Short Term High Yield Fund Class Institutional (RPHIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.73

0.00 (0.00%)

At close: Aug 26, 2026

0.41% (1Y)

Fund Assets	490.57M
Expense Ratio	0.96%
Min. Investment	$50,000
Turnover	438.00%
Dividend (ttm)	0.37
Dividend Yield	3.75%
Dividend Growth	-26.05%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.73
YTD Return	2.53%
1-Year Return	4.27%
5-Year Return	25.81%
52-Week Low	9.65
52-Week High	9.73
Beta (5Y)	0.03
Holdings	67
Inception Date	Sep 30, 2010

About RPHIX

RiverPark Short Term High Yield Fund Institutional Class is a mutual fund that seeks high current income and capital appreciation while preserving capital through investments in short-term high yield fixed income securities. It targets securities of companies that have announced or are expected to undergo funding events, reorganizations, or other corporate actions anticipated to improve their debt repayment capacity. The fund focuses on issues where credit ratings may not fully capture short-term ability to meet obligations and emphasizes limited near-term default risk, distinguishing it from longer-term high yield strategies that prioritize operating performance. Sub-advised by CrossingBridge Advisors, LLC of Pleasantville, New York, the fund is managed by a team led by Chief Investment Officer David K. Sherman, founded in 2016, and Portfolio Manager Michael De Kler. This Institutional Class features no shareholder services fee, catering to investors seeking access to this specialized high yield bond approach within the broader fixed income market.

Fund Family RiverPark Funds

Category High Yield Bond

Performance Rating Below Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol RPHIX

Share Class Institutional Class

Index ICE BofA U.S. Corporates 1-3 Years TR

Performance

RPHIX had a total return of 4.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.40%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RPHYX	Retail Class	1.24%

Top 10 Holdings

38.21% of assets

Name	Symbol	Weight
Sirius Xm Radio LLC 3.125%	SIRI.3.125 09.01.26 144A	7.55%
Energy Transfer LP 6.5%	ET.V6.5 PERP H	5.68%
Ziff Davis Inc 1.75%	ZD.1.75 11.01.26	3.40%
Crown Americas LLC / Crown Americas Capital Corp. V 4.25%	CCK.4.25 09.30.26	3.35%
United States Steel Corporation 6.875%	X.6.875 03.01.29	3.33%
Darling Ingredients, Inc 5.25%	DAR.5.25 04.15.27 144A	3.19%
Iqvia Inc 5%	IQV.5 10.15.26 144A	3.04%
888 Holdings Tl B S+525	n/a	3.04%
NES Fircroft Bondco AS 8%	NESFIR.8 09.30.29	2.90%
SS&C Technologies, Inc. 5.5%	SSNC.5.5 09.30.27 144A	2.73%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.0263	Aug 3, 2026
Jun 30, 2026	$0.0367	Jul 1, 2026
May 29, 2026	$0.0211	Jun 1, 2026
Apr 30, 2026	$0.0226	May 1, 2026
Mar 31, 2026	$0.0273	Apr 1, 2026
Feb 27, 2026	$0.0271	Mar 2, 2026

Full Dividend History