Ocean Park Strategic Income 100 (S:0P0001S0A5)
10.34
-0.17
(-1.57%)
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 |
| 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 Ocean Park Strategic Income 100 seeks long term total returns – income and capital appreciation. It is a globally diversified income strategy managed in a tactical style, utilizing the affiliated Sierra Mutual Funds’ risk management disciplines to help limit drawdowns over a market cycle. The Strategic Income 100 invests in Sierra Mutual Funds to access a wide range of income-oriented asset classes as well as a small cash position. |
| 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 | -- |
| 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 Barclays Agg Bond Index | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Douglas Loeffler | 0.92 yrs |
| Kenneth Sleeper | 0.92 yrs |
| Ryan Harder | 0.92 yrs |
Annual Total Returns Versus Peers
As of April 30, 2024.
Asset Allocation
Top 4 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Sierra Tactical Core Income Instl | 74.71% | 19.76 | 0.30% |
| Sierra Tactical Bond Instl | 20.29% | 26.00 | 0.31% |
| Sierra Tactical Municipal Institutional | 4.95% | 25.28 | 0.12% |
|
Money Market Fund
|
0.04% | -- | -- |
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 Ocean Park Strategic Income 100 seeks long term total returns – income and capital appreciation. It is a globally diversified income strategy managed in a tactical style, utilizing the affiliated Sierra Mutual Funds’ risk management disciplines to help limit drawdowns over a market cycle. The Strategic Income 100 invests in Sierra Mutual Funds to access a wide range of income-oriented asset classes as well as a small cash position. |
| 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 | -- |
| 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 Barclays Agg Bond Index | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Douglas Loeffler | 0.92 yrs |
| Kenneth Sleeper | 0.92 yrs |
| Ryan Harder | 0.92 yrs |
Fundamentals
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 13.81 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
| Bond | |
| Current Yield | 5.77% |
| Yield to Maturity | Upgrade |
| Effective Duration | Upgrade |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of April 30, 2024
Fund Details
| Key Dates | |
| Inception Date | 6/1/2023 |
| Last Annual Report Date | -- |
| 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 |