Sierra Tactical Core Income Fund Class Y
SSIYX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 225 Pictoria Drive Cincinnati OH 45246
- IPO Date
- Dec 30, 2011
- CIK
- 0001314414
- Similar Companies
- Business
- Ocean Park Tactical Core Income Fund Class Y (SSIYX) is a nontraditional bond mutual fund that seeks long-term total return, with income contributing a significant part, and to limit volatility and downside risk. The Fund, part of the Northern Lights Fund Trust, invests primarily in underlying funds that provide exposure to a wide variety of fixed income instruments of any maturity, including domestic and foreign bonds, U.S. Treasury securities, multi-sector income strategies, and other income-generating assets; it may also allocate tactically to equities and cash equivalents to manage risk. Managed by Ocean Park Asset Management, LLC, the Fund operates in the U.S. market, targeting institutional and retail investors seeking income-oriented portfolios with downside protection. Launched on December 21, 2011, and headquartered in Santa Monica, California, the Fund features multiple share classes including Institutional (SSIRX), Class A (SSIZX), Investor (SSIIX), Class C (SSICX), and Class Y (SSIYX), with the latter offering a net expense ratio around 1.47% and no sales load or 12b-1 fees. In a significant recent development, Sierra Mutual Funds, including SSIYX, rebranded to Ocean Park Mutual Funds effective October 1, 2024, aligning all mutual funds, active ETFs, SMAs, and models under the unified Ocean Park brand while retaining the same investment team, philosophy, and strategies; this followed the consolidation of advisory operations under Ocean Park Asset Management, LLC, with no changes to underlying investments or client teams.