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Morningstar

Osterweis Strategic Income OSTIX

Morningstar Medalist Rating
Medalist Rating as of | See Osterweis Investment Hub
  • NAV / 1-Day Return 10.99  /  0.00
  • Total Assets 5.3 Bil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 5.72%
  • Effective Duration 1.90 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis OSTIX

Will OSTIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OSTIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the OSTIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of OSTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Comanager Joins Osterweis Strategic Income; Ratings Unchanged

null Chiayi Tsui

Chiayi Tsui

Analyst Note

John Sheehan joined Osterweis Strategic Income on Jan. 2, 2024, as a portfolio manager alongside Carl Kaufman, Bradley Kane, and Craig Manchuck. A principal of Osterweis, Sheehan has been with the firm since 2018 and previously comanaged Osterweis Total Return, where he was responsible for investment-grade credit selection and allocation. Before joining Osterweis, he worked at Citigroup for more than 20 years, managing an investment-grade syndicate desk and advising issuers on accessing funding in the corporate bond market. He also oversaw Citigroup’s investment-grade sales strategy on the West Coast.

by Chiayi Tsui
Published on

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Portfolio Holdings OSTIX

More OSTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

1.87 99.9 Mil
Government

United States Treasury Bills 0%

1.86 99.8 Mil
Government

United States Treasury Bills 0%

1.85 99.0 Mil
Government

Federated Hermes US Treas Cash Res IS

1.81 96.9 Mil
Cash and Equivalents

Morgan Stanley InstlLqdty TrsSecs Instl

1.81 96.9 Mil
Cash and Equivalents

Las Vegas Sands Corp 3.2%

1.69 90.4 Mil
Corporate

Goodyear Tire & Rubber Co. The 9.5%

1.67 89.3 Mil
Corporate

Wesco Distribution, Inc. 7.13%

1.43 76.5 Mil
Corporate

Tutor Perini Corporation 6.88%

1.34 71.7 Mil
Corporate

Enova International Inc. 8.5%

1.28 68.7 Mil
Corporate