Ocean Park Strategic Income Program (S:0P000188LD)
10.88
-0.14
(-1.24%)
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 | 2.09 yrs |
Ryan Harder | 1.33 yrs |
Annual Total Returns Versus Peers
As of April 30, 2024.
Asset Allocation
Top 10 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
Sierra Tactical Core Income Instl | 34.94% | 19.76 | 0.30% |
Sierra Tactical Bond Instl | 15.04% | 26.00 | 0.31% |
Nuveen Floating Rate Income I | 7.75% | 18.21 | 0.00% |
Payden Emerging Markets Bond | 7.06% | 10.33 | 0.10% |
PIMCO International Bond (USD-Hdg) Instl | 6.24% | 9.79 | 0.00% |
Putnam Mortgage Opportunities Y | 5.48% | 8.88 | -0.11% |
Nuveen Preferred Secs & Inc I | 5.04% | 15.25 | 0.20% |
PIMCO Investment Grade Credit Bond Instl | 4.99% | 8.80 | 0.46% |
PIMCO Income Instl | 4.00% | 10.49 | 0.19% |
iShares Municipal Bond Index Instl | 3.95% | 10.85 | 0.09% |
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 | 2.09 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 |