RiverPark Strategic Income Fund (RSIIX)
Under normal circumstances, the fund will invest no less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in (1) fixed income securities that the advisor believes are Money-Good, and for which, in the opinion of Cohanzick, if held to maturity, there is only a limited risk of loss of principal and (2) income producing equities, for which, in the opinion of Cohanzick, the issuing company has the resources to sustain its distributions.
Fund Info
US76882K7697
76882K769
Sep 30, 2013
$50,000
Expense Ratio
RSIIX has a high expense ratio of 1.18%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
RiverPark Strategic Income Fund (RSIIX) returned 1.65% year-to-date (YTD) and 6.37% over the past 12 months. Over the past 10 years, RSIIX returned 4.44% annually, underperforming the S&P 500 benchmark at 10.84%.
RSIIX
1.65%
0.50%
2.17%
6.37%
5.41%
7.92%
4.44%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of RSIIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.80% | 0.90% | -0.15% | -0.51% | 0.61% | 1.65% | |||||||
| 2024 | 0.88% | 1.12% | 0.93% | 0.17% | 0.53% | 0.28% | 0.74% | 0.83% | 0.69% | 0.36% | 1.06% | 0.50% | 8.41% |
| 2023 | 1.72% | 0.74% | -0.47% | 1.30% | 0.54% | 0.55% | 0.98% | 0.62% | 0.12% | 0.27% | 1.36% | 1.52% | 9.63% |
| 2022 | 0.02% | 0.14% | 0.73% | -0.51% | -0.35% | -2.30% | 0.00% | 0.04% | -1.41% | -0.16% | 0.43% | 0.05% | -3.29% |
| 2021 | 2.54% | 2.37% | 0.84% | 0.29% | 1.08% | 0.06% | 0.24% | 0.65% | 0.60% | 0.64% | 1.07% | 0.69% | 11.62% |
| 2020 | 0.81% | -1.09% | -12.61% | 3.00% | 2.66% | 3.87% | 1.43% | 1.73% | 0.49% | -1.01% | 2.96% | 2.27% | 3.43% |
| 2019 | 1.10% | 0.37% | 0.45% | 0.79% | -0.05% | 0.42% | 0.05% | -0.12% | -0.25% | 0.27% | -0.26% | 0.66% | 3.49% |
| 2018 | 0.80% | -0.04% | 0.04% | 0.73% | 0.01% | 0.21% | 0.50% | 0.37% | 0.33% | -0.32% | -0.43% | -0.85% | 1.36% |
| 2017 | 0.91% | 0.71% | 0.43% | 0.57% | 0.52% | 0.25% | 0.34% | 0.07% | 0.50% | 0.28% | -0.35% | 0.52% | 4.87% |
| 2016 | -1.06% | -0.51% | 1.32% | 1.57% | 2.13% | 1.44% | 1.35% | 0.94% | 0.75% | 0.54% | 0.25% | 1.13% | 10.24% |
| 2015 | 0.40% | 0.50% | 0.54% | 0.71% | -0.23% | -0.49% | -0.48% | -1.52% | -0.68% | 0.09% | -1.46% | -1.22% | -3.81% |
| 2014 | 0.73% | 0.90% | 0.91% | 0.67% | 0.56% | 0.72% | 0.02% | 0.37% | -0.44% | 0.11% | 0.29% | -0.76% | 4.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, RSIIX is among the top 2% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for RiverPark Strategic Income Fund (RSIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
RiverPark Strategic Income Fund provided a 6.70% dividend yield over the last twelve months, with an annual payout of $0.58 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.58 | $0.66 | $0.66 | $0.56 | $0.48 | $0.51 | $0.44 | $0.42 | $0.47 | $0.52 | $0.60 | $0.55 |
Dividend yield | 6.70% | 7.67% | 7.61% | 6.58% | 5.12% | 5.77% | 4.84% | 4.59% | 4.98% | 5.52% | 6.57% | 5.47% |
Monthly Dividends
The table displays the monthly dividend distributions for RiverPark Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.05 | $0.00 | $0.17 | |||||||
| 2024 | $0.04 | $0.06 | $0.06 | $0.04 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.04 | $0.08 | $0.07 | $0.66 |
| 2023 | $0.06 | $0.04 | $0.06 | $0.06 | $0.03 | $0.03 | $0.09 | $0.05 | $0.04 | $0.05 | $0.06 | $0.09 | $0.66 |
| 2022 | $0.03 | $0.03 | $0.04 | $0.03 | $0.02 | $0.03 | $0.04 | $0.04 | $0.03 | $0.05 | $0.04 | $0.17 | $0.56 |
| 2021 | $0.03 | $0.01 | $0.04 | $0.04 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.15 | $0.48 |
| 2020 | $0.03 | $0.06 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.07 | $0.51 |
| 2019 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.44 |
| 2018 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.42 |
| 2017 | $0.05 | $0.04 | $0.05 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2016 | $0.03 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.05 | $0.52 |
| 2015 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.06 | $0.05 | $0.60 |
| 2014 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.55 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the RiverPark Strategic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the RiverPark Strategic Income Fund was 15.55%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.
The current RiverPark Strategic Income Fund drawdown is 0.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.55% | Feb 24, 2020 | 21 | Mar 23, 2020 | 179 | Dec 4, 2020 | 200 |
| -7.78% | May 5, 2015 | 196 | Feb 11, 2016 | 113 | Jul 25, 2016 | 309 |
| -5.06% | Mar 31, 2022 | 155 | Nov 9, 2022 | 151 | Jun 20, 2023 | 306 |
| -1.81% | Oct 4, 2018 | 56 | Dec 24, 2018 | 52 | Mar 12, 2019 | 108 |
| -1.74% | Mar 4, 2025 | 28 | Apr 10, 2025 | 23 | May 14, 2025 | 51 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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