Ocean Park Strategic Income Strategy (S:0P000187B0)
12.20
-0.18
(-1.42%)
USD |
Apr 30 2024
Returns Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Key Stats
| Maximum Management Fee | Annualized Total Returns Since Inception (Daily) | Alpha (vs Category) (3Y) | Forecasted Dividend Yield |
|---|---|---|---|
| Upgrade | Upgrade | Upgrade | Upgrade |
| Total Market Value (Net) | Beta (vs Category) (3Y) | Max Drawdown (Since Inception) | Fwd Dividend Yield (Long) |
| Upgrade | Upgrade | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The goals of the Strategic Income Program are what has recently been called "absolute return": (1) to produce satisfying long-term returns while (2) limiting volatility and downside risk, a combination that we have found meets the goals of retirees and other conservative investors. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Fund Owner Firm Name | Ocean Park Asset Management, LLC |
| Prospectus Benchmark Index | |
| Bloomberg Aggregate Bond Treasury TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Kenneth Sleeper | 11.09 yrs |
| Douglas Loeffler | 3.09 yrs |
| Ryan Harder | 1.33 yrs |
Annual Total Returns Versus Peers
As of April 30, 2024.
Asset Allocation
Top 8 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Sierra Tactical Core Income Instl | 49.61% | 19.90 | -0.10% |
| Sierra Tactical Bond Instl | 25.57% | 26.14 | -0.04% |
| PIMCO Emerging Markets Bond Instl | 5.14% | 8.42 | -0.24% |
| BlackRock Floating Rate Income Instl | 5.11% | 9.73 | 0.00% |
| Sierra Tactical Municipal Institutional | 5.07% | 25.62 | -0.19% |
| PIMCO Income Instl | 4.96% | 10.54 | -0.19% |
| PIMCO International Bond (USD-Hdg) Instl | 2.96% | 9.85 | -0.30% |
|
Money Market Fund
|
1.58% | -- | -- |
Fees & Availability
| Fees | |
| Negotiable Fee | No |
| Administrative Fee | -- |
| Maximum Management Fee | Upgrade |
| Prospectus Custodian Fee | -- |
| Trustee Fee | -- |
| Purchase Details | |
| Open to New Investors |
|
| Open to Existing Investors |
|
| Minimum Initial Investment | -- |
| Minimum Subsequent Investment | -- |
Basic Info
| Investment Strategy | |
| The goals of the Strategic Income Program are what has recently been called "absolute return": (1) to produce satisfying long-term returns while (2) limiting volatility and downside risk, a combination that we have found meets the goals of retirees and other conservative investors. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Fund Owner Firm Name | Ocean Park Asset Management, LLC |
| Prospectus Benchmark Index | |
| Bloomberg Aggregate Bond Treasury TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Kenneth Sleeper | 11.09 yrs |
| Douglas Loeffler | 3.09 yrs |
| Ryan Harder | 1.33 yrs |
Fundamentals
Fund Details
| Key Dates | |
| Inception Date | 4/1/2013 |
| Last Annual Report Date | 3/31/2024 |
| Last Prospectus Date | -- |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |