Morningstar

RiverPark Floating Rate CMBS Instl RCRIX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See River Park Funds Investment Hub

Morningstar’s Analysis RCRIX

Will RCRIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RCRIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RCRIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RCRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

RiverPark Floating Rate CMBS Instl recently changed its Morningstar Category.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The Morningstar Category is the peer group used to determine an investment's relative merits. In this case, the move has led to this strategy's Morningstar Medalist Rating being downgraded to Negative from Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile. The strategy changed its peer group in August, moving from the Bank Loan category to the High Yield Bond Morningstar Category.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Sponsor Center