Ocean Park Tactical Bond Strategy (S:0P0001CKJ0)
12.61
+0.13
(+1.02%)
USD |
May 31 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 | |
We apply our time-tested risk management disciplines to managing a portfolio of three uncorrelated asset classes: 1. High Yield Corporate Bonds (to capture trends in risk-on environments) 2. U.S. Treasuries (during flight to quality) 3. Cash (to preserve capital) |
General | |
Security Type | Separately Managed Account |
Equity Style | Small Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Fund Owner Firm Name | Ocean Park Asset Management, LLC |
Prospectus Benchmark Index | |
Bloomberg US Agg Bond TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Kenneth Sleeper | 6.59 yrs |
Douglas Loeffler | 3.17 yrs |
Marshall Quan | 1.42 yrs |
Ryan Harder | 1.42 yrs |
Annual Total Returns Versus Peers
As of May 31, 2024.
Asset Allocation
Top 5 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
Sierra Tactical Bond Instl | 79.80% | 26.02 | -0.50% |
BlackRock High Yield Bond Instl | 10.34% | 7.03 | 0.00% |
PIMCO High Yield Instl | 5.00% | 7.93 | 0.00% |
PGIM Short Duration High Yield Income Z | 3.08% | 8.30 | 0.00% |
Money Market Fund
|
1.78% | -- | -- |
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 | |
We apply our time-tested risk management disciplines to managing a portfolio of three uncorrelated asset classes: 1. High Yield Corporate Bonds (to capture trends in risk-on environments) 2. U.S. Treasuries (during flight to quality) 3. Cash (to preserve capital) |
General | |
Security Type | Separately Managed Account |
Equity Style | Small Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Fund Owner Firm Name | Ocean Park Asset Management, LLC |
Prospectus Benchmark Index | |
Bloomberg US Agg Bond TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Kenneth Sleeper | 6.59 yrs |
Douglas Loeffler | 3.17 yrs |
Marshall Quan | 1.42 yrs |
Ryan Harder | 1.42 yrs |
Fundamentals
Fund Details
Key Dates | |
Inception Date | 11/1/2017 |
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 |