Ocean Park Tactical Municipal Special (STMYX)
| Fund Assets | 178.40M |
| Expense Ratio | 1.57% |
| Min. Investment | $10,000 |
| Turnover | 52.00% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 3.61% |
| Dividend Growth | 17.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 26, 2025 |
| Previous Close | 24.39 |
| YTD Return | -1.20% |
| 1-Year Return | -3.03% |
| 5-Year Return | 6.59% |
| 52-Week Low | 23.24 |
| 52-Week High | 25.16 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| 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 -3.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.47%.
Top 10 Holdings
94.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Allspring Municipal Bond Inst | n/a | 22.15% |
| Nuveen High Yield Municipal Bond I | n/a | 17.35% |
| PIMCO High Yield Municipal Bond I | n/a | 13.10% |
| Nuveen Short Duration Hi Yld Muni Bd I | n/a | 12.21% |
| PIMCO Municipal Bond Instl | n/a | 6.76% |
| Russell Inv Tax-Exempt High Yield Bd S | n/a | 6.55% |
| Nuveen All-American Municipal Bond I | n/a | 6.53% |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETF | HYMB | 3.34% |
| First Trust Municipal High Income ETF | FMHI | 3.23% |
| American High-Income Municipal Bond F3 | n/a | 3.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 26, 2025 | $0.0686 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0685 | Oct 31, 2025 |
| Sep 29, 2025 | $0.0502 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0997 | Aug 29, 2025 |
| Jul 30, 2025 | $0.0844 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0704 | Jun 30, 2025 |