STBDX – Ocean Park Tactical Bond C Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks to provide total return and to limit exposure to downside risk. The fund invests in open-end investment companies (mutual funds) and exchange-traded funds ("ETFs") that primarily invest in high-yield corporate bonds, also commonly known as junk bonds ("HYCB Funds") or long-duration U.S. Treasury securities ("Treasury Bond Funds"). Under normal circumstances, the fund invests at least 80% of its net assets (defined as net assets plus the amount of any borrowing for investment purposes) in underlying bond funds.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
STBJX	Ocean Park Tactical Bond Fund Instl Class Shares	Institutional	Open			Oct 1, 2019	$1.12B	1.610%	Above Average	$10,000	−$630.08M
STBKX	Ocean Park Tactical Bond Fund Class A Shares	Front Load	Open			Oct 1, 2019	$7.05M	1.860%	Above Average	$10,000	−$351,917.18
STBNX	Ocean Park Tactical Bond Fund Investor Class Shares	Level Load	Open			Oct 1, 2019	$9.15M	2.010%	Average	$10,000	−$5.31M
STBDX	Ocean Park Tactical Bond Fund Class C Shares	Level Load	Open			Oct 1, 2019	$13.55M	2.610%	Above Average	$10,000	−$9.28M

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