Fund Evaluator:

Ocean Park Tactical Risk Spctm 30 Instl Overview

Ocean Park Tactical Risk Spctm 30 Instl (SRTJX) is an actively managed Allocation Global Conservative Allocation fund. Ocean Park Asset Management, LLC launched the fund in 2022.

The investment seeks to provide total return and to limit exposure to downside risk. Under normal market conditions, the fund’s target exposure over a three-year period to equity securities, of any market capitalization, through the underlying funds will average between 15%-30% of the fund’s assets. The fund does not have a target allocation for non-equity securities exposure and may invest in underlying fixed income funds without constraint as to maturity or credit quality.

About Ocean Park Tactical Risk Spctm 30 Instl (SRTJX)

There are 4 members of the management team with an average tenure of 3.32 years: Kenneth Sleeper (2022), Ryan Harder (2023), James Aubin (2024), Marshall Quan (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: Morningstar Con Tgt Risk TR USD index with a weighting of 100%. Ocean Park Tactical Risk Spctm 30 Instl has 73 securities in its portfolio. The top 10 holdings constitute 52.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Ocean Park Tactical Risk Spctm 30 Instl is part of the Allocation global asset class and is within the Allocation fund group. Ocean Park Tactical Risk Spctm 30 Instl has 25.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 20.4%. There is 8.8% allocated to foreign stock, and 2.5% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 70.8% (53.8% domestic bond, 17.0% foreign bond and 0.9% convertible bond). Ocean Park Tactical Risk Spctm 30 Instl has -0.5% of the portfolio in cash.

Assets Under Management

The fund has $156 million in total assets, which is below the $272 million average for the Global Conservative Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

SRTJX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Ocean Park Tactical Risk Spctm 30 Instl expense ratio is high compared to funds in the Global Conservative Allocation category. Ocean Park Tactical Risk Spctm 30 Instl has an expense ratio of 1.77%, which is 73% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Ocean Park Tactical Risk Spctm 30 Instl has a portfolio turnover rate of 181%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 49% for the Global Conservative Allocation category.

Recently, in the month of July 2026, Ocean Park Tactical Risk Spctm 30 Instl returned -0.7%, which earned it a grade of C, as the Global Conservative Allocation category had an average return of -0.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Ocean Park Tactical Risk Spctm 30 Instl has a trailing yield of 3.03%, which is below the 3.59% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Ocean Park Tactical Risk Spctm 30 Instl Grades

Year to date, the fund has returned 1.3%, 1.9 percentage points worse than the category, which translates into a grade of F. The fund has returned 5.8% over the past year (grade of F) and 5.3% over the past three years (grade of F).

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