RiverPark Short Term High Yield Fund

Scorecard
1 / 5 Stars
Lipper
1 1 5 1 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
TheStreet.com
B+ (Buy)

U.S. News evaluated 179 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 3.70 percent over the past year, and 3.55 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 1.6%
1 Year 3.7%
3 Years (Annualized) 3.5%
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 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 Above Average 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 Low compared to funds in the same category according to Morningstar.

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