Ocean Park Tactical Municipal Fund Inst (STMEX)
24.17
0.00 (0.00%)
USD |
May 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.63% | 140.97M | -- | 200.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -86.12M | 4.20% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide total return (with income contributing a significant part) and to limit volatility and downside risk. The Fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in funds that primarily invest in municipal bonds or other municipal debt instruments. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Sierra Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
66
-447.19M
Peer Group Low
320.14M
Peer Group High
1 Year
% Rank:
82
-86.12M
-1.909B
Peer Group Low
2.560B
Peer Group High
3 Months
% Rank:
78
-444.70M
Peer Group Low
545.46M
Peer Group High
3 Years
% Rank:
85
-6.670B
Peer Group Low
6.954B
Peer Group High
6 Months
% Rank:
82
-871.28M
Peer Group Low
1.214B
Peer Group High
5 Years
% Rank:
63
-7.935B
Peer Group Low
10.29B
Peer Group High
YTD
% Rank:
88
-332.34M
Peer Group Low
545.46M
Peer Group High
10 Years
% Rank:
56
-4.688B
Peer Group Low
14.58B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 03, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 10.66% |
| Stock | 0.00% |
| Bond | 88.68% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.66% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Allspring Municipal Bond Fund Inst | 21.93% | 9.70 | -0.10% |
| Nuveen High Yield Municipal Bond Fund I | 17.85% | 14.30 | -0.07% |
| First American Government Obligations Fd X | 16.25% | 1.00 | 0.00% |
| PIMCO High Yield Municipal Bond Fund Institutional | 16.04% | 8.39 | 0.12% |
| Russell Investments Tax Exempt High Yield Bond S | 8.00% | 9.70 | 0.00% |
| American Funds American High-Inc Muni Bond Fd F3 | 7.76% | 15.34 | 0.00% |
| Nuveen Short Duration High Yield Municipal Bond I | 4.71% | 9.38 | 0.00% |
| First Trust Municipal High Income ETF | 3.89% | 48.03 | 0.04% |
| Franklin Dynamic Municipal Bond ETF | 3.11% | 24.90 | -0.32% |
|
OTHER ASSETS LESS LIABILITIES
|
0.21% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.72% |
| Administration Fee | 129.3K% |
| 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 (with income contributing a significant part) and to limit volatility and downside risk. The Fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in funds that primarily invest in municipal bonds or other municipal debt instruments. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Sierra Mutual Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-30-26) | 3.48% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (3-31-26) | 4.71% |
| Effective Duration | -- |
| Average Coupon | 5.06% |
| Calculated Average Quality | 3.099 |
| Effective Maturity | 14.36 |
| Nominal Maturity | 19.99 |
| Number of Bond Holdings | 0 |
As of March 31, 2026
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:STMEX", "name") |
| Broad Asset Class: =YCI("M:STMEX", "broad_asset_class") |
| Broad Category: =YCI("M:STMEX", "broad_category_group") |
| Prospectus Objective: =YCI("M:STMEX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |