Ocean Park Tactical Municipal Fund Inv (STMNX)
24.05
+0.02
(+0.08%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.95% | 130.20M | -- | 200.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -68.00M | 4.32% |
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:
71
-335.02M
Peer Group Low
207.31M
Peer Group High
1 Year
% Rank:
78
-68.00M
-1.214B
Peer Group Low
2.817B
Peer Group High
3 Months
% Rank:
75
-439.03M
Peer Group Low
582.58M
Peer Group High
3 Years
% Rank:
81
-6.392B
Peer Group Low
6.984B
Peer Group High
6 Months
% Rank:
78
-699.92M
Peer Group Low
1.100B
Peer Group High
5 Years
% Rank:
57
-9.502B
Peer Group Low
9.537B
Peer Group High
YTD
% Rank:
84
-441.25M
Peer Group Low
1.270B
Peer Group High
10 Years
% Rank:
--
-4.722B
Peer Group Low
13.98B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 2.13% |
| Stock | 0.00% |
| Bond | 96.79% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.08% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Nuveen High Yield Municipal Bond Fund I | 22.16% | 14.10 | 0.07% |
| Allspring Municipal Bond Fund Inst | 21.15% | 9.58 | 0.00% |
| PIMCO High Yield Municipal Bond Fund Institutional | 19.66% | 8.30 | 0.12% |
| American Funds American High-Inc Muni Bond Fd F3 | 18.01% | 15.20 | 0.07% |
| Russell Investments Tax Exempt High Yield Bond S | 8.77% | 9.59 | 0.21% |
| First Trust Municipal High Income ETF | 4.19% | 47.42 | 0.08% |
| Franklin Dynamic Municipal Bond ETF | 2.82% | 24.60 | -0.14% |
| Invesco National AMT-Free Municipal Bond ETF | 2.13% | 22.76 | -0.11% |
| First American Government Obligations Fd U | 0.32% | 1.00 | 0.00% |
| Nuveen Short Duration High Yield Municipal Bond I | 0.31% | 9.34 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.40% |
| Actual Management Fee | 0.65% |
| Administration Fee | 532.00 None |
| 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 |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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Normal
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-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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LT Cap Gains
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-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
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-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
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-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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Tax-Exempt
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-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
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 (8-25-26) | 3.09% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (7-31-26) | 4.74% |
| Effective Duration | -- |
| Average Coupon | 5.02% |
| Calculated Average Quality | 3.088 |
| Effective Maturity | 14.74 |
| Nominal Maturity | 20.02 |
| Number of Bond Holdings | 0 |
As of July 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:STMNX", "name") |
| Broad Asset Class: =YCI("M:STMNX", "broad_asset_class") |
| Broad Category: =YCI("M:STMNX", "broad_category_group") |
| Prospectus Objective: =YCI("M:STMNX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |