RiverPark Short Term High Yield Fund Class Retail (RPHYX)
| Fund Assets | 492.36M |
| Expense Ratio | 1.24% |
| Min. Investment | $1,000 |
| Turnover | 438.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.68% |
| Dividend Growth | -25.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.64 |
| YTD Return | 1.83% |
| 1-Year Return | 3.97% |
| 5-Year Return | 23.45% |
| 52-Week Low | 9.60 |
| 52-Week High | 9.67 |
| Beta (5Y) | 0.03 |
| Holdings | 66 |
| Inception Date | Sep 30, 2010 |
About RPHYX
RiverPark Short Term High Yield Fund Class Retail is a mutual fund focused on generating high current income and capital appreciation while prioritizing the preservation of capital. The fund specializes in short-term high yield fixed income securities, primarily investing in companies that have announced or are expected to announce a funding event, reorganization, or other corporate action that may positively impact their ability to repay debt. Managed by CrossingBridge Advisors, the fund employs a distinctive strategy that emphasizes securities with shortened maturities and limited near-term default risk, often targeting situations where traditional credit ratings may not fully reflect a company's short-term repayment capacity. The portfolio is actively managed by an experienced team and is designed for investors seeking higher yields in a relatively concentrated, short-duration bond strategy. RiverPark Short Term High Yield Fund Class Retail plays a notable role in the high yield bond market by offering exposure to unique credit opportunities with a focus on capital preservation and income generation.
Performance
RPHYX had a total return of 3.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.12%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RPHIX | Institutional Class | 0.96% |
Top 10 Holdings
40.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Under Armour, Inc. 3.25% | UA.3.25 06.15.26 | 7.08% |
| Sirius Xm Radio LLC 3.125% | SIRI.3.125 09.01.26 144A | 6.10% |
| Reinsurance Group of America, Incorporated 0% | RGA.V5.75 06.15.56 | 4.86% |
| Apollo Commercial Real Estate Finance, Inc. 4.625% | ARI.4.625 06.15.29 144A | 4.49% |
| Emera Inc 6.75% | EMACN.V6.75 06.15.76 16-A | 4.27% |
| Kraft Heinz Foods Company 3% | KHC.3 06.01.26 | 3.16% |
| Murphy Oil USA Inc 5.625% | MUSA.5.625 05.01.27 | 2.84% |
| Ziff Davis Inc 1.75% | ZD.1.75 11.01.26 | 2.74% |
| Q2 Holdings Inc 0.75% | QTWO.0.75 06.01.26 | 2.72% |
| Crown Americas LLC / Crown Americas Capital Corp. V 4.25% | CCK.4.25 09.30.26 | 2.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0345 | Jul 1, 2026 |
| May 29, 2026 | $0.0192 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0206 | May 1, 2026 |
| Mar 31, 2026 | $0.0252 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0253 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0194 | Feb 2, 2026 |