Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Ocean Park Tactical Core Income Inv SSIIX
- NAV / 1-Day Return 20.40 / −0.44 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.720%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 4.17%
- Effective Duration 6.01 years
USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:53 AM GMT+0
Morningstar’s Analysis SSIIX
Will SSIIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 71.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PIMCO Income Instl | 12.37 | 187.6 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 10.33 | 156.6 Mil | — |
iShares 20+ Year Treasury Bond ETF | 10.27 | 155.6 Mil | — |
PIMCO Total Return Instl | 9.16 | 138.8 Mil | — |
Nuveen High Yield Municipal Bond I | 7.82 | 118.5 Mil | — |
BlackRock Strategic Income Opps Instl | 6.06 | 91.9 Mil | — |
PIMCO International Bond (USD-Hdg) Instl | 4.81 | 72.9 Mil | — |
BlackRock Systematic Multi-Strat Instl | 3.95 | 59.9 Mil | — |
PIMCO Investment Grade Credit Bond Instl | 3.74 | 56.7 Mil | — |
Principal Spectrum Pref&Cptl Scs IncInst | 2.70 | 40.9 Mil | — |