Sierra Tactical Core Income Fund Institutional Class
SSIRX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 225 Pictoria Drive Cincinnati OH United States of America 45246
- IPO Date
- Dec 21, 2011
- CIK
- 0001314414
- Website
- sierrainvestment.com
- Similar Companies
- Business
- Ocean Park Tactical Core Income Fund Institutional Class (SSIRX) is a mutual fund that seeks long-term total return, with income contributing a significant portion, while limiting volatility and downside risk through a tactical, rules-based investment approach. The fund primarily invests in a diversified portfolio of open-end mutual funds and exchange-traded funds (ETFs) spanning domestic and international fixed income categories, including high-grade U.S. bonds, multisector bond funds, high-yield corporate bonds, preferred securities, floating rate loans, emerging markets bonds, convertible securities, tax-free municipal bonds, and intermediate-term bonds; top holdings as of recent periods include PIMCO Income Fund Institutional Class, Vanguard Total Bond Market ETF, Invesco Senior Loan ETF, and JPMorgan Income Fund Class I. It operates within the nontraditional bond category, targeting institutional and retail investors with a minimum initial investment of $10,000 for the institutional class, and employs team-based portfolio management led by Kenneth L. Sleeper, James St. Aubin, and Ryan Harder. Launched on December 27, 2011, and advised by Ocean Park Asset Management LLC, headquartered in Santa Monica, California, the fund is part of the former Sierra Mutual Funds lineup, which underwent a complete rebranding to Ocean Park Mutual Funds on October 1, 2024, to unify branding across the adviser's mutual funds, ETFs, SMAs, models, and strategies without altering investment objectives, processes, or personnel. This rebranding coincided with the consolidation of advisory operations under Ocean Park Asset Management LLC, enhancing operational efficiency and client experience across U.S.-focused investment solutions. The fund maintains total net assets exceeding $1.5 billion across classes and distributes monthly income, with recent performance reflecting disciplined risk management via trend-following, trailing stop discipline, and the flexibility to allocate up to 100% to cash equivalents.