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.
Fund Family Ocean Park Asset Management, LLC
Category High Yield Muni
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol STMYX
Share Class Class Special Shares
Index Bloomberg Municipal Bond TR
STMYX had a total return of -0.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.09%.
