Morningstar

Ocean Park Tactical Municipal Fund Institutional Shares STMEX

Morningstar Medalist Rating
Medalist Rating as of | See Ocean Park Mutual Funds Investment Hub
  • NAV / 1-Day Return 24.26  /  −0.21 %
  • Total Assets 134.4M
  • Adj. Expense Ratio
    1.620%
  • Expense Ratio 1.060%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 3.51%
  • Effective Duration 8.36 years

USD | NAV as of Jul 17, 2026 | 1-Day Return as of Jul 17, 2026, 12:54 AM GMT+0

Morningstar’s Analysis STMEX

Will STMEX 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 STMEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the STMEX 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 STMEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Ocean Park Tactical Municipal 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.

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Portfolio Holdings STMEX

More STMEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nuveen High Yield Municipal Bond I

22.01 30M
—

Allspring Municipal Bond Inst

21.45 29M
—

PIMCO High Yield Municipal Bond I

19.40 26M
—

American High-Income Municipal Bond F-3

17.80 24M
—

Russell Inv Tax-Exempt High Yield Bd S

8.68 12M
—

First Trust Municipal High Income ETF

4.15 6M
—

Franklin Dynamic Municipal Bond ETF

3.30 4M
—

Invesco National AMT-Free Muni Bd ETF

2.13 3M
—

First American Government Obligs U

0.31 424,483
Cash and Equivalents

Nuveen Short Duration Hi Yld Muni Bd I

0.30 409,751
—

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