Ocean Park Tactical Core Income Fund (SSIIX)

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Ocean Park Tactical Core Income Fund (SSIIX) is up 0.1% since the beginning of the year. SSIIX is currently trading at $19 per share. Investors who bought $1,000 worth of SSIIX shares 5 years ago would now be looking at an investment worth $1,037.

Ocean Park Tactical Core Income Fund (SSIIX) has returned 0.05% so far this year and 2.82% over the past 12 months. Over the last ten years, SSIIX has returned 2.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.

Based on dividend-adjusted daily data since Jan 3, 2012, SSIIX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.

Historically, 64% of months were positive and 36% were negative. The best month was Dec 2023 with a return of +3.1%, while the worst month was Mar 2020 at -4.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SSIIX closed higher 48% of trading days. The best single day was Jul 2, 2012 with a return of +1.1%, while the worst single day was Mar 9, 2020 at -1.4%.

Ocean Park Tactical Core Income Fund has an annualized alpha of 2.32%, beta of 0.04, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since January 03, 2012.

• This fund participated in 15.70% of S&P 500 Index downside but only 15.31% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.04 may look defensive, but with R2 of 0.09 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.09 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SSIIX has a high expense ratio of 1.35%, indicating above-average management fees.

SSIIX ranks 28 for risk / return — above 28% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.

Ocean Park Tactical Core Income Fund provided a 4.46% dividend yield over the last twelve months, with an annual payout of $0.86 per share.

The table displays the monthly dividend distributions for Ocean Park Tactical Core Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Ocean Park Tactical Core Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Ocean Park Tactical Core Income Fund was 9.34%, occurring on Oct 3, 2023. Recovery took 222 trading sessions.

The current Ocean Park Tactical Core Income Fund drawdown is 1.68%.

The chart below shows the rolling one-month volatility.