Ocean Park Tactical Bond Fund Inv (STBNX)
24.96
-0.03
(-0.12%)
USD |
Feb 04 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.62% | 1.560B | -- | 190.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -438.73M | -1.07% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide total return and to limit exposure to downside risk. Investing in mutual funds and ETFs that primarily invest in high-yield corporate bonds, also known as junk bonds ("HYCB Funds") or long-duration US Treasury securities. HYCB Funds and Treasury Bond Funds are referred as "Underlying Bond Funds." |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | Sierra Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
95
-1.868B
Peer Group Low
396.01M
Peer Group High
1 Year
% Rank:
91
-438.73M
-2.684B
Peer Group Low
6.051B
Peer Group High
3 Months
% Rank:
95
-1.369B
Peer Group Low
1.500B
Peer Group High
3 Years
% Rank:
91
-3.910B
Peer Group Low
12.02B
Peer Group High
6 Months
% Rank:
95
-1.901B
Peer Group Low
3.625B
Peer Group High
5 Years
% Rank:
33
-6.803B
Peer Group Low
14.31B
Peer Group High
YTD
% Rank:
95
-1.868B
Peer Group Low
396.01M
Peer Group High
10 Years
% Rank:
6
-7.727B
Peer Group Low
21.20B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 05, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | -1.60% |
| Stock | 0.31% |
| Bond | 97.74% |
| Convertible | 0.00% |
| Preferred | 0.10% |
| Other | 3.45% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BlackRock High Yield Portfolio Institutional | 28.28% | 7.21 | -0.14% |
| iShares Broad USD High Yield Corporate Bond ETF | 17.57% | 37.34 | -0.09% |
| iShares iBoxx $ High Yield Corporate Bond ETF | 13.70% | 80.53 | -0.11% |
| State Street SPDR Bloomberg High Yield Bond ETF | 11.44% | 97.05 | -0.06% |
| State Street SPDR Portfolio High Yield Bond ETF | 5.48% | 23.64 | -0.11% |
| Osterweis Strategic Income Fund | 4.62% | 11.19 | 0.00% |
| State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF | 2.99% | 25.24 | -0.06% |
| PGIM High Yield Fund Z | 2.68% | 4.86 | 0.00% |
| iShares 0-5 Year High Yield Corporate Bond ETF | 2.67% | 42.72 | -0.11% |
| Xtrackers USD High Yld Corporate Bd ETF | 2.63% | 36.80 | -0.07% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.40% |
| Actual Management Fee | 1.05% |
| Administration Fee | 6.98K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 10000.00 None |
| Minimum Subsequent Investment | 1000.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide total return and to limit exposure to downside risk. Investing in mutual funds and ETFs that primarily invest in high-yield corporate bonds, also known as junk bonds ("HYCB Funds") or long-duration US Treasury securities. HYCB Funds and Treasury Bond Funds are referred as "Underlying Bond Funds." |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | Sierra Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-3-26) | 5.07% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (12-31-25) | 6.42% |
| Effective Duration | -- |
| Average Coupon | 6.88% |
| Calculated Average Quality | 5.667 |
| Effective Maturity | 4.897 |
| Nominal Maturity | 5.459 |
| Number of Bond Holdings | 0 |
As of December 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:STBNX", "name") |
| Broad Asset Class: =YCI("M:STBNX", "broad_asset_class") |
| Broad Category: =YCI("M:STBNX", "broad_category_group") |
| Prospectus Objective: =YCI("M:STBNX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |