PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

RiverPark Floating Rate CMBS Fund (RCRIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks to generate current income and capital appreciation consistent with the preservation of capital. The fund will invest in commercial mortgage backed securities ("CMBS"), predominately in the United States. Under normal circumstances, the fund may invest up to 100% of its assets in fixed income securities of which no less than 80% of its net assets (plus the amount of any borrowings for investment purposes) will be invested in floating rate CMBS. The advisor seeks to generate its returns primarily from its investments' monthly cash distributions and secondarily through opportunistic trading. The fund is non-diversified.

Looking to diversify beyond RCRIX? The mutual funds below have the lowest correlation with RCRIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from RCRIX.

Best Diversifiers for RCRIX

40 mutual funds have low correlation with RCRIX (below 0.3), 2 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CAPIX
Calamos Aksia Alternative Credit and Income Fund C...-0.03——
98
Bank LoanRCRIX vs CAPIX
XPTFX
Federated Hermes Project and Trade Finance Tender ...-0.030.090.15
84
Bank LoanRCRIX vs XPTFX
LSFYX
Loomis Sayles Senior Floating Rate and Fixed Incom...0.000.070.15
64
Bank LoanRCRIX vs LSFYX
FFRSX
Federated Hermes Floating Rate Strat Inc Fund0.020.080.15
87
Bank LoanRCRIX vs FFRSX
SFHIX
Shenkman Capital Floating Rate High Income Fund0.100.120.17
71
Bank LoanRCRIX vs SFHIX
See all 40 diversifiers for RCRIX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements RCRIX

Add RCRIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with RCRIX