# RiverPark Strategic Income Fund Retail Class (RSIVX): Mutual Fund Facts & Distributions

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- Issuer: — · Asset class: Equity
- Strategy: Thematic · Inception: 2013-10-03

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 incom...

## Key Facts

| Metric | Value |
|---|---|
| Price | $8.42 |
| Expense Ratio | 1.25% |
| Assets Under Management | $605.0M |
| NAV | $8.42 |
| Holdings Count | — |
| Distribution Yield (TTM) | 7.15% |
| Annual Distribution (TTM) | $0.60 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $8.41 – $8.76 |
| Beta | 0.12 |

## Latest Distribution

- Amount: $0.0383 /share
- Ex-date: 2026-09-28
- Pay date: 2026-09-28

## Frequently Asked Questions

### 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 7.15%, 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 $605.0M 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.

### Does RSIVX pay a dividend?

Yes, RiverPark Strategic Income Fund Retail Class (RSIVX) distributes dividends to shareholders. The trailing-twelve-month yield is 7.15%. Full dividend history is on this page.

### How often does RSIVX pay dividends?

RiverPark Strategic Income Fund Retail Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is RSIVX's next ex-dividend date?

The most recently announced ex-dividend date for RSIVX was 2026-09-28. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will RSIVX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 1.25% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does RSIVX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from RSIVX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does RSIVX cost more than a fund like VOO?

RSIVX's strategy (current expense ratio 1.25%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where RSIVX sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to RSIVX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RSIVX (1.25%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/rsivx
- Distribution history: https://www.dividenddata.com/funds/rsivx/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/rsivx/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/rsivx/expenses
- Peer comparison: https://www.dividenddata.com/funds/rsivx/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.