Riverpark Strategic Income Fund Quote
| RSIVX Fund | USD 8.74 0.01 0.11% |
Performance32 of 100
| Odds Of DistressLess than 11
|
Riverpark Strategic is trading at 8.74 as of the 19th of September 2024; that is 0.11 percent up since the beginning of the trading day. The fund's open price was 8.73. Riverpark Strategic has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a very strong performance during the last 90 days. Equity ratings for Riverpark Strategic Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of July 2024 and ending today, the 19th of September 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in fixed income securities and income producing equities. It seeks to achieve its investment objective by investing in both investment grade and non-investment grade debt, preferred stock, convertible bonds, bank loans, high yield bonds, mortgage- and asset-backed securities, SPACs and income producing equities that the Adviser, the funds investment adviser, deems appropriate for the funds investment objective.. More on Riverpark Strategic Income
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Riverpark Mutual Fund Highlights
| Fund Concentration | RiverPark Funds, Large Funds, High Yield Bond Funds, High Yield Bond, RiverPark Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 26th of January 2023 |
| Fiscal Year End | September |
Riverpark Strategic Income [RSIVX] is traded in USA and was established 19th of September 2024. Riverpark Strategic is listed under RiverPark Funds category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of RiverPark Funds family. This fund at this time has accumulated 249.68 M in assets with minimum initial investment of 1 K. Riverpark Strategic is currently producing year-to-date (YTD) return of 5.68% with the current yeild of 0.07%, while the total return for the last 3 years was 4.55%.
Check Riverpark Strategic Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Riverpark Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Riverpark Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Riverpark Strategic Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Riverpark Strategic Income Mutual Fund Constituents
| HYG | iShares iBoxx High | Etf | High Yield Bond |
Riverpark Strategic Risk Profiles
| Mean Deviation | 0.0585 | |||
| Standard Deviation | 0.0697 | |||
| Variance | 0.0049 | |||
| Risk Adjusted Performance | 0.281 |
Riverpark Strategic Against Markets
Other Information on Investing in Riverpark Mutual Fund
Riverpark Strategic financial ratios help investors to determine whether Riverpark Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Riverpark with respect to the benefits of owning Riverpark Strategic security.
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