RiverPark Strategic Income Fund Retail Class (RSIVX)
RiverPark Strategic Income Fund Retail Class operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $8.53, down 0.01% on the session, giving a market capitalisation of $622.6M. Its beta of 0.12 implies it has historically moved less than the broad market.
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.
RiverPark Strategic Income Fund Retail Class is most often compared with the following Financial Services names: