Ocean Park Tactical Municipal Special (STMYX)
| Fund Assets | 180.78M |
| Expense Ratio | 1.57% |
| Min. Investment | $10,000 |
| Turnover | 52.00% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 3.60% |
| Dividend Growth | 22.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 24.35 |
| YTD Return | -3.62% |
| 1-Year Return | -5.23% |
| 5-Year Return | 6.98% |
| 52-Week Low | 23.60 |
| 52-Week High | 26.24 |
| Beta (5Y) | n/a |
| Holdings | 32 |
| Inception Date | Dec 27, 2018 |
About STMYX
Ocean Park Tactical Municipal Fund is an open-end mutual fund designed to offer investors exposure to municipal bonds through a tactical, rules-based investment process. The fund’s primary objectives are to seek long-term total return, including tax-free income generated from dividends of underlying municipal bond funds, while actively limiting downside risk. This strategy utilizes a flexible approach, allocating dynamically among municipal bond funds, cash equivalents, and short-term bond assets depending on prevailing market conditions. It invests in a broad range of municipal bonds, covering various credit qualities and maturities, and may include both national and state-specific issues. The fund is managed by a team with deep expertise in fixed income markets and follows a systematic process to adapt to changing interest rates, credit environments, and legislative developments affecting municipal securities. Its focus on tax efficiency and risk management makes it a relevant tool for investors seeking municipal bond exposure that is responsive to market cycles and risk conditions, serving as a potential complement or core holding within diversified fixed income portfolios.
Performance
STMYX had a total return of -5.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.18%.
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 | $0.0997 | Aug 29, 2025 |
| Jul 30, 2025 | $0.0844 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0704 | Jun 30, 2025 |
| May 29, 2025 | $0.0551 | May 30, 2025 |
| Apr 29, 2025 | $0.0942 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0703 | Mar 31, 2025 |