RiverPark Strategic Income Fund Retail Class

Frequently Asked Questions About RSIVX

What does RSIVX invest in?

This investment vehicle's primary goals are to generate substantial current income and foster capital appreciation, all while striving to safeguard its principal. Under normal market conditions, the fund allocates a minimum of 80% of its net assets—including any funds obtained through borrowing for investment purposes—to specific securities. These consist of fixed-income instruments that the advisor judges to be "Money-Good," and which Cohanzick believes carry only a restricted potential for principal loss if held until maturity. The fund also invests in equity securities that produce income, provided Cohanzick is convinced the issuing companies possess the financial capacity to maintain their payouts.

What is the expense ratio of RSIVX?

RiverPark Strategic Income Fund Retail Class (RSIVX) charges an expense ratio of 1.25%. This is the annual fee deducted from fund assets to cover management and operations.

What is RSIVX's dividend yield?

RSIVX's trailing-twelve-month yield is 7.57%, calculated from the sum of dividends over the past year divided by the current price.

How big is RSIVX?

RiverPark Strategic Income Fund Retail Class (RSIVX) manages $622.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is RSIVX actively managed or an index fund?

RSIVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was RSIVX launched?

RiverPark Strategic Income Fund Retail Class (RSIVX) launched in October 2013 and is managed by the fund issuer.