RiverPark Short Term High Yield Fund Class Retail (RPHYX)
| Fund Assets | 626.68M |
| Expense Ratio | 1.24% |
| Min. Investment | $1,000 |
| Turnover | 438.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.01% |
| Dividend Growth | -17.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.66 |
| YTD Return | 1.47% |
| 1-Year Return | 4.22% |
| 5-Year Return | 23.53% |
| 52-Week Low | 9.60 |
| 52-Week High | 9.67 |
| Beta (5Y) | n/a |
| Holdings | 70 |
| 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 4.22% 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
46.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Confluent Inc 0% | CFLT.0 01.15.27 | 6.69% |
| Kodiak Gas Services LLC 7.25% | KGS.7.25 02.15.29 144A | 6.66% |
| Nexstar Media Inc. 5.625% | NXST.5.625 07.15.27 144A | 5.35% |
| Under Armour, Inc. 3.25% | UA.3.25 06.15.26 | 5.15% |
| SPX Flow Inc. 8.75% | FLOW.8.75 04.01.30 144A | 4.58% |
| The Chemours Company LLC 5.375% | CC.5.375 05.15.27 | 4.46% |
| Archrock Partners LP/Archrock Partners Finance Corp 6.25% | AROC.6.25 04.01.28 144A | 3.85% |
| Travel Plus Leisure Co 6.625% | TNL.6.625 07.31.26 144A | 3.30% |
| Sirius Xm Radio LLC 3.125% | SIRI.3.125 09.01.26 144A | 3.29% |
| HCA Inc. 5.25% | HCA.5.25 06.15.26 | 3.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 30, 2025 | $0.0401 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0266 | Dec 1, 2025 |