RiverPark Short Term High Yield Fund

U.S. News evaluated 167 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 3.59 percent over the past year.

Trailing Returns Updated 05.31.2013
Year to date 1.3%
1 Year 3.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks high current income and capital appreciation consistent with the preservation of capital. The fund invests invest no less than 80% of its net assets in high yield securities, also known as "junk bonds," rated BB or below by a Rating Agency or, if unrated, determined by Cohanzick to be of comparable quality. It will maintain a dollar-weighted average effective maturity of no more than three years. The fund may invest up to 25% of its assets in Securities that have not been called or tendered having a maturity date in excess of three years.

Fees

Fees are High compared to funds in the same category.
RiverPark Short Term High Yield Fund has an expense ratio of 1.25 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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