Morningstar

Osterweis Strategic Income Fund OSTIX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Osterweis Investment Hub
  • NAV / 1-Day Return $10.96  /  0.00
  • Fund Size $5.8B
  • Adjusted Expense Ratio 0.860%
  • Net Expense Ratio 0.850%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $5,000
  • Investment Status Open
  • TTM Yield 5.25%
  • Average Effective Duration 1.67 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis OSTIX

Will OSTIX outperform in the 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.

A unique high-yield-focused mandate.

Associate Analyst River Meng

River Meng

Associate Analyst

Summary

Osterweis Strategic Income’s flexible, unconventional mandate has produced strong risk-adjusted results compared with high-yield bond peers, but its limited resources leave it vulnerable to key-person risk.

by River Meng
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings OSTIX

More OSTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley InstlLqdty TrsSecs Instl

3.03 173M
Cash and Equivalents

Federated Hermes US Treas Cash Res IS

3.03 173M
Cash and Equivalents

First American US Treasury Money Mkt X

2.85 163M
Cash and Equivalents

Unisys Corp. 10.63%

1.38 79M
Corporate

Banijay Entertainment S.A.S. 8.13%

1.30 74M
Corporate

Conduent Business Services LLC / Conduent State & Local Solutions Inc. 6%

1.25 71M
Corporate

Genuine Parts Co

1.21 69M
Cash and Equivalents

Coeur Mining Inc 5.13%

1.15 65M
Corporate

Pitney Bowes Inc. 7.25%

1.14 65M
Corporate

Tidewater Inc New 9.13%

1.10 63M
Corporate

Sponsor Center