RiverPark Strategic Income Retail (RSIVX)
| Fund Assets | 622.49M |
| Expense Ratio | 1.25% |
| Min. Investment | $1,000 |
| Turnover | 100.00% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 7.59% |
| Dividend Growth | 8.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 8.57 |
| YTD Return | 2.48% |
| 1-Year Return | 5.00% |
| 5-Year Return | 29.21% |
| 52-Week Low | 8.42 |
| 52-Week High | 8.82 |
| Beta (5Y) | 0.33 |
| Holdings | 147 |
| Inception Date | Sep 30, 2013 |
About RSIVX
RiverPark Strategic Income Fund Retail Class is an open-end mutual fund designed to provide high current income and capital appreciation while prioritizing capital preservation. Its primary strategy involves building a diversified portfolio that includes both investment grade and high yield corporate debt, as well as preferred stock, convertible bonds, bank loans, and income-producing equities. The fund takes a flexible approach to asset allocation, shifting between investment grade and high yield securities based on prevailing market conditions—favoring defensive assets when high-yield opportunities are limited and increasing exposure to high yield when spreads are wide. Emphasizing a bottom-up, opportunistic approach, the fund may also pursue special situations, targeting companies facing sector or company-specific challenges if the potential returns justify the associated risks. Managed by an experienced team, the fund aims to complement traditional fixed income portfolios by staying relatively nimble and selectively investing where management believes the underlying issuer’s enterprise value supports debt obligations. Monthly distributions and an actively managed process position the fund as a distinctive choice within the broader high yield bond fund category.
Performance
RSIVX had a total return of 5.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.33%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAYZX | Fidelity | Fidelity Advisor Multi-Asset Income I | 0.86% |
| FIWBX | Fidelity | Fidelity Advisor Multi-Asset Income Z | 0.76% |
| FAZYX | Fidelity | Fidelity Advisor Multi-Asset Income M | 1.10% |
| FMSDX | Fidelity | Fidelity Multi-Asset Income Fund | 0.82% |
| FWATX | Fidelity | Fidelity Advisor Multi-Asset Income A | 1.11% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RSIIX | Institutional Class Shares | 1.00% |
Top 10 Holdings
26.19% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 4.94% |
| Forum Energy Technologies Inc | FET.10.5 11.07.29 | 2.86% |
| TERRIER MEDIA BUYER INC - CMG Media Corp | CMGMCO.L 06.18.29 5 | 2.81% |
| Canopy Growth Corp. | n/a | 2.49% |
| 888 Acquisitions Ltd | n/a | 2.39% |
| Compass Group Diversified Holdings LLC | CODI.5.25 04.15.29 144A | 2.37% |
| GrubHub Holdings Inc | GRUB.13 07.31.30 144A | 2.19% |
| TPC Group Inc | n/a | 2.10% |
| Edison International | EIXCP | 2.03% |
| Keurig Dr Pepper Inc | KDPCP | 2.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.03805 | Jun 26, 2026 |
| May 27, 2026 | $0.03329 | May 27, 2026 |
| Apr 28, 2026 | $0.04563 | Apr 28, 2026 |
| Mar 27, 2026 | $0.05175 | Mar 27, 2026 |
| Feb 25, 2026 | $0.03371 | Feb 25, 2026 |
| Jan 28, 2026 | $0.0337 | Jan 28, 2026 |