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  • Derf February 2019
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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RiverPark Floating Rate CMBS Fund: (RCRIX - RCRFX)

TedTed
in Fund Discussions
FYI: RiverPark Advisors, LLC today announced the conversion of the RiverPark Floating Rate CMBS Fund (RCRIX, RCRFX) to an open-end mutual fund with daily liquidity from an interval fund. The strategy is managed by Edward L. Shugrue III, as it has been since its inception in 2010. The strategy has not had a down year since its inception and has averaged 6.16% per year over that period. The conversion was effective as of November 12, 2018.
Regards,
Ted
https://www.businesswire.com/news/home/20190205005181/en

Comments

  • Derf
    Appears the first 3 years made the most. I'll pass on this one.
    Derf
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