Ocean Park Tactical Municipal C (STMHX)
| Fund Assets | 180.78M |
| Expense Ratio | 2.63% |
| Min. Investment | $10,000 |
| Turnover | 52.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 2.56% |
| Dividend Growth | 38.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 24.03 |
| YTD Return | -3.92% |
| 1-Year Return | -5.86% |
| 5-Year Return | 1.87% |
| 52-Week Low | 23.29 |
| 52-Week High | 25.90 |
| Beta (5Y) | n/a |
| Holdings | 32 |
| Inception Date | Sep 10, 2019 |
About STMHX
Ocean Park Tactical Municipal Fund Class C is a mutual fund designed to pursue total return by investing primarily in municipal securities, while actively managing to limit downside risk. The fund seeks to deliver tax-advantaged income and capital appreciation by holding a diversified portfolio of municipal bonds, which are typically exempt from federal income tax. Its tactical approach distinguishes it from traditional municipal bond funds: the fund dynamically adjusts its allocations in response to changing market conditions, with the goal of protecting capital during periods of volatility while capturing return opportunities when they arise. The fund is suitable for investors seeking municipal bond exposure but with a risk-managed, flexible strategy. Key features include a focus on risk-adjusted returns, a disciplined downside risk management process, and accessibility through Class C shares, which may offer different fee structures compared to other share classes. Ocean Park Tactical Municipal Fund Class C plays a role in the market as an alternative for investors looking for municipal bond exposure beyond buy-and-hold strategies, emphasizing both income generation and risk mitigation.
Performance
STMHX had a total return of -5.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.22%.
Top 10 Holdings
90.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Municipal Bond Inst | WMBIX | 19.31% |
| Nuveen High Yield Municipal Bond I | NHMRX | 17.64% |
| Nuveen Short Duration Hi Yld Muni Bd I | NVHIX | 11.82% |
| PIMCO High Yield Municipal Bond I | PHMIX | 11.29% |
| PIMCO Municipal Bond Fund | PFMIX | 5.84% |
| Nuveen All-American Municipal Bond I | FAARX | 5.67% |
| Russell Inv Tax-Exempt High Yield Bd S | RTHSX | 5.66% |
| SPDR Nuveen ICE High Yield Municipal Bond ETF | HYMB | 5.63% |
| Thornburg Limited Term Municipal Fund | LTMIX | 5.15% |
| First Trust Municipal High Income ETF | FMHI | 2.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 28, 2025 | $0.079 | Aug 29, 2025 |
| Jul 30, 2025 | $0.0605 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0494 | Jun 30, 2025 |
| May 29, 2025 | $0.0332 | May 30, 2025 |
| Apr 29, 2025 | $0.071 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0479 | Mar 31, 2025 |