Ocean Park Tactical Bond Instl holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Ocean Park Tactical Bond Fund Instl Class Shares STBJX
- NAV / 1-Day Return 24.66 / −0.44 %
- Total Assets 1.4B
-
Adj. Expense Ratio
1.610%
- Expense Ratio 1.220%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 5.63%
- Effective Duration 2.96 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:37 AM GMT+0
Morningstar’s Analysis STBJX
Will STBJX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the STBJX 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 STBJX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 96.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
BlackRock High Yield Instl | 33.95 | 467M | — |
iShares Broad USD High Yield Corp Bd ETF | 19.00 | 261M | — |
iShares iBoxx $ High Yield Corp Bd ETF | 13.53 | 186M | — |
State Street® SPDR® Blmbg Hi Yld Bd ETF | 13.42 | 184M | — |
State Street® SPDR® Port Hi Yld Bd ETF | 6.41 | 88M | — |
PGIM High Yield Z | 3.22 | 44M | — |
Xtrackers USD High Yield Corp Bd ETF | 3.08 | 42M | — |
Eaton Vance Income Fund of Boston I | 1.55 | 21M | — |
American Century High Income Y | 1.20 | 16M | — |
MML Barings High Yield I | 1.12 | 15M | — |
United States