RiverPark Sht-Tm High Yield Fund Institutional (RPHIX)
9.73
+0.01
(+0.10%)
USD |
Apr 24 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.96% | 642.15M | -- | 438.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -151.64M | 4.71% |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and capital appreciation consistent with the preservation of capital. The Fund will invest no less than 80% of its net assets in high yield securities rated BB or below by a Rating Agency and will maintain a dollar-weighted average maturity of no more than three years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | Short High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short High Yield Funds |
| Fund Owner Firm Name | RiverPark Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
59
-335.70M
Peer Group Low
100.53M
Peer Group High
1 Year
% Rank:
92
-151.64M
-424.51M
Peer Group Low
728.43M
Peer Group High
3 Months
% Rank:
90
-508.75M
Peer Group Low
309.67M
Peer Group High
3 Years
% Rank:
95
-533.68M
Peer Group Low
8.038B
Peer Group High
6 Months
% Rank:
94
-305.96M
Peer Group Low
507.80M
Peer Group High
5 Years
% Rank:
100
-423.01M
Peer Group Low
8.594B
Peer Group High
YTD
% Rank:
90
-508.75M
Peer Group Low
309.67M
Peer Group High
10 Years
% Rank:
95
-589.44M
Peer Group Low
8.606B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 24, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.66% |
| Stock | 15.92% |
| Bond | 84.23% |
| Convertible | 0.00% |
| Preferred | 0.02% |
| Other | -1.83% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Confluent Inc. CONFLIN 0.0 01/15/2027 FIX USD Corporate 144A | 6.81% | 99.66 | 0.00% |
| Kodiak Gas Services, LLC KODIGAS 02/15/2029 FIX USD Corporate 144A (Called) | 6.78% | 103.67 | -0.27% |
| Nexstar Escrow, Inc NEXSTES 07/15/2027 FIX USD Corporate 144A (Called) | 5.44% | 100.00 | -0.00% |
| Under Armour, Inc. UARM 3.25 06/15/2026 FIX USD Corporate | 5.25% | 99.75 | 0.04% |
| REDWOOD STAR MERGER SUB, INC. REDWSTA 04/01/2030 FIX USD Corporate 144A (Called) | 4.67% | 102.23 | 0.02% |
| The Chemours Company THECHEAC 05/15/2027 FIX USD Corporate (Called) | 4.54% | 100.50 | 0.02% |
| Archrock Partners, L.P. ARCHPAR 04/01/2028 FIX USD Corporate 144A (Called) | 3.93% | 100.19 | -0.03% |
| Travel + Leisure Co. TRAVLEI 6.625 07/31/2026 FIX USD Corporate 144A | 3.36% | 100.10 | 0.08% |
| Sirius XM Radio LLC SIRIXMAB 3.125 09/01/2026 FIX USD Corporate 144A | 3.35% | 99.45 | 0.01% |
| HCA Inc. HCA 5.25 06/15/2026 FIX USD Corporate | 3.06% | 100.14 | 0.08% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.65% |
| Administration Fee | 1.16M% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 50000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high current income and capital appreciation consistent with the preservation of capital. The Fund will invest no less than 80% of its net assets in high yield securities rated BB or below by a Rating Agency and will maintain a dollar-weighted average maturity of no more than three years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | Short High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short High Yield Funds |
| Fund Owner Firm Name | RiverPark Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-23-26) | 4.38% |
| 30-Day SEC Yield (3-31-26) | 3.68% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Stock | |
| Weighted Average PE Ratio | -- |
| Weighted Average Price to Sales Ratio | -- |
| Weighted Average Price to Book Ratio | -- |
| Weighted Median ROE | -- |
| Weighted Median ROA | -- |
| ROI (TTM) | -- |
| Return on Investment (TTM) | -- |
| Earning Yield | -- |
| LT Debt / Shareholders Equity | -- |
| Number of Equity Holdings | 0 |
| Bond | |
| Yield to Maturity (3-31-26) | 2.35% |
| Effective Duration | -- |
| Average Coupon | 5.50% |
| Calculated Average Quality | 5.396 |
| Effective Maturity | 0.9655 |
| Nominal Maturity | 1.729 |
| Number of Bond Holdings | 10 |
As of March 31, 2026
Growth Metrics
| EPS Growth (1Y) | -- |
| EPS Growth (3Y) | -- |
| EPS Growth (5Y) | -- |
| Sales Growth (1Y) | -- |
| Sales Growth (3Y) | -- |
| Sales Growth (5Y) | -- |
| Sales per Share Growth (1Y) | -- |
| Sales per Share Growth (3Y) | -- |
| Operating Cash Flow - Growth Rate (3Y) | -- |
As of March 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 9/30/2010 |
| Last Annual Report Date | 9/30/2025 |
| Last Prospectus Date | 1/28/2025 |
| Share Classes | |
| RPHYX | Retail |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:RPHIX", "name") |
| Broad Asset Class: =YCI("M:RPHIX", "broad_asset_class") |
| Broad Category: =YCI("M:RPHIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RPHIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |