About RSIIX
RiverPark Strategic Income Fund Institutional Class is a mutual fund focused on delivering high current income and capital appreciation while maintaining a strong emphasis on preserving capital. Classified as a high yield bond fund, it primarily invests at least 80% of its net assets in fixed income securities, including both investment grade and non-investment grade bonds, along with income-producing equities. The fund's strategy centers around "money-good" securities, where the issuer’s enterprise value significantly exceeds the value of its senior and equally ranked debt, minimizing the risk of principal loss due to permanent impairment. RiverPark Strategic Income Fund incorporates diverse fixed income approaches; it allocates to securities with limited credit risk for above-market yields, includes positions in issuers facing credit stress but supported by capital structure priority, and pursues opportunities in less-followed or less liquid issues. Opportunistically, the fund may invest in asset-backed, distressed securities, and select equities. Its diversified portfolio, managed by Cohanzick Management, LLC, reflects an active effort to achieve attractive risk-adjusted returns in changing market environments, serving the needs of institutional investors seeking income solutions beyond traditional fixed income avenues.
Fund Family CrossingBridge
Category High Yield Bond
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol RSIIX
Share Class Institutional Class Shares
Index Bloomberg U.S. Aggregate Bond TR
RSIIX had a total return of 2.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.38%.
