Ocean Park Tactical Municipal Investor (STMNX)

Fund Assets	124.00M
Expense Ratio	1.88%
Min. Investment	$10,000
Turnover	200.00%
Dividend (ttm)	0.73
Dividend Yield	3.11%
Dividend Growth	0.84%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	23.48
YTD Return	-1.30%
1-Year Return	-0.96%
5-Year Return	-0.50%
52-Week Low	23.46
52-Week High	24.69
Beta (5Y)	n/a
Holdings	23
Inception Date	Dec 27, 2018

About STMNX

Ocean Park Tactical Municipal Fund Investor Shares is an open-end mutual fund that primarily seeks to deliver total return—comprising both income and capital appreciation—while actively managing to limit downside risk. The fund allocates at least 80% of its assets to funds invested in municipal bonds or related municipal debt instruments, with a focus on high-yield and tax-exempt securities. Distinctly tactical, its portfolio management team strategically rotates exposure between municipal bond funds and cash equivalents depending on prevailing market trends, aiming to capitalize on periods of municipal bond strength while preserving capital during downturns. The fund maintains a concentrated portfolio among a select group of underlying municipal-focused mutual funds and ETFs, spanning various credit qualities and maturities. Designed for investors seeking both regular monthly income and a measured approach to risk, this fund plays a notable role in diversified portfolios, especially for those interested in tax-advantaged income. It reflects Ocean Park’s rules-based, trend-following investment philosophy and disciplined risk management, offering a differentiated approach within the municipal bond fund category.

• Fund Family: Ocean Park Asset Management, LLC
• Category: High Yield Muni
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: STMNX
• Share Class: Investor Class Shares
• Index: Bloomberg Municipal Bond TR

Performance

STMNX had a total return of -0.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.33%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
STMYX	Class Special Shares	1.50%
STMEX	Instl Class Shares	1.63%
STMKX	Class A Shares	1.81%
STMHX	Class C Shares	2.56%

Top 10 Holdings

99.72% of assets

Name	Symbol	Weight
Nuveen High Yield Municipal Bond I	NHMRX	22.64%
Allspring Municipal Bond Inst	WMBIX	20.76%
PIMCO High Yield Municipal Bond I	PHMIX	20.12%
American High-Income Municipal Bond F-3	HIMFX	18.42%
Russell Inv Tax-Exempt High Yield Bd S	RTHSX	8.96%
First Trust Municipal High Income ETF	FMHI	3.94%
Franklin Dynamic Municipal Bond ETF	FLMI	2.87%
Invesco National AMT-Free Municipal Bond ETF	PZA	1.55%
Nuveen Short Duration Hi Yld Muni Bd I	NVHIX	0.32%
First American Government Obligs U	FGUXX	0.15%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.0496	Sep 30, 2026
Aug 28, 2026	$0.0592	Aug 31, 2026
Jul 30, 2026	$0.0637	Jul 31, 2026
Jun 29, 2026	$0.0611	Jun 30, 2026
May 28, 2026	$0.0598	May 29, 2026
Apr 29, 2026	$0.064	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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