Ocean Park Tactical Municipal A (STMKX)
| Fund Assets | 178.40M |
| Expense Ratio | 1.88% |
| Min. Investment | $10,000 |
| Turnover | 52.00% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 3.04% |
| Dividend Growth | 20.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 29, 2025 |
| Previous Close | 24.57 |
| YTD Return | -2.67% |
| 1-Year Return | -2.46% |
| 5-Year Return | 7.06% |
| 52-Week Low | 23.57 |
| 52-Week High | 26.04 |
| Beta (5Y) | 0.20 |
| Holdings | 32 |
| Inception Date | Dec 27, 2018 |
About STMKX
Ocean Park Tactical Municipal Fund is an open-end mutual fund focusing on tax-advantaged income and capital preservation through investments in municipal bond funds. Its primary objective is to deliver long-term total return, including tax-free income from dividends, while aiming to mitigate downside risk through a tactical allocation approach. The fund principally invests in a mix of underlying municipal bond funds and municipal bond ETFs, providing exposure to both high-yield and investment-grade municipal bonds, and may include allocations to municipal money market instruments. This diverse strategy allows the fund to adapt to changing market conditions and interest rate environments, making it relevant for investors seeking risk-managed access to the municipal bond market. Ocean Park Tactical Municipal Fund plays an important role for investors concerned with after-tax income and capital stability, particularly in fluctuating market cycles where traditional municipal bonds can be impacted by volatility or shifting credit and interest rate risks. The fund benchmarks its performance against the Bloomberg Municipal Bond Index and is managed by an experienced investment team at Ocean Park Asset Management, emphasizing disciplined risk controls and active portfolio adjustments.
Performance
STMKX had a total return of -2.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.02%.
Top 10 Holdings
92.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Municipal Bond Inst | WMBIX | 21.30% |
| Nuveen High Yield Municipal Bond I | NHMRX | 16.60% |
| PIMCO High Yield Municipal Bond I | PHMIX | 12.58% |
| Nuveen Short Duration Hi Yld Muni Bd I | NVHIX | 11.79% |
| PIMCO Municipal Bond Fund | PFMIX | 6.49% |
| Russell Inv Tax-Exempt High Yield Bd S | RTHSX | 6.28% |
| Nuveen All-American Municipal Bond I | FAARX | 6.27% |
| Thornburg Limited Term Municipal Fund | LTMIX | 4.70% |
| First Trust Municipal High Income ETF | FMHI | 3.10% |
| American High-Income Municipal Bond F3 | HIMFX | 3.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 29, 2025 | $0.0417 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0929 | Aug 29, 2025 |
| Jul 30, 2025 | $0.0767 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0635 | Jun 30, 2025 |
| May 29, 2025 | $0.0479 | May 30, 2025 |
| Apr 29, 2025 | $0.0865 | Apr 30, 2025 |