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Osterweis Strategic Income (OSTIX) Fund Ranking and Research

Ranking, Research and Recommendation of Osterweis Strategic Income (OSTIX) Fund

    Last Trade: $11.69 on 10/20/2014, Change: 0.00 (0%)

 

Graph of Osterweis Strategic Income Fund (OSTIX) ManagerFund Manager - Carl P. Kaufman

Fund Manager Information

Fund Manager Tenure: 12.2 years
Fund Family: Osterweis
Fund Category: High Yield Bond
Fund Performance: Sep 29, 2014
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)
Prior to joining Osterweis Capital Management in 2002, Mr. Kaufman worked at Robertson Stephens focusing on sales and trading of technology and biotech convertibles. Prior to that, he spent nineteen years with Merrill Lynch, in their Institutional Sales office, specializing in convertible and equity sales and trading. Mr. Kaufman graduated from Harvard University and attended New York University Graduate School of Business Administration.  Get more insights on Carl P. Kaufman

 

Graph of Osterweis Strategic Income Fund (OSTIX) ProfileOsterweis Strategic Income Fund (OSTIX) Profile

Fund Profile and Description

Osterweis Strategic Income Fund seeks to preserve capital and attain long-term total returns. Osterweis Strategic Income Fund invests primarily in income bearing securities, including a wide range of debt and dividend-paying equity securities. It may invest a substantial portion of assets in high-yield, lower rated debt securities, including convertible securities, sometimes referred to as junk bonds. It is non-diversified.

 

Osterweis Strategic Income (OSTIX) Fund Strength What we like about Osterweis Strategic Income (OSTIX) Fund

Data for Osterweis Strategic Income Fund (OSTIX) as of Sep 29, 2014

  • Osterweis Strategic Income Fund (OSTIX) management has been with Osterweis Strategic Income Fund for 12.2 years
  • Osterweis Strategic Income Fund (OSTIX) ratio of up-years vs down years is greater than 2
  • Osterweis Strategic Income Fund (OSTIX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.38, lower than category average of 5.82
  • Osterweis Strategic Income Fund (OSTIX) has a lower expense ratio than its High Yield Bond average: 0.85% vs 1.07%
  • Osterweis Strategic Income Fund (OSTIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Osterweis Strategic Income Fund (OSTIX) Weakness What we are cautious about Osterweis Strategic Income (OSTIX) Fund

Data for Osterweis Strategic Income Fund (OSTIX) as of Sep 29, 2014

  • Osterweis Strategic Income Fund (OSTIX) has a less-than-ideal short-term performance (1-year return 4.23% vs 6.14% High Yield Bond category median performance)
  • Osterweis Strategic Income Fund (OSTIX) has a less-than-ideal mid-term performance (3-year return 6.91% vs 10.00% High Yield Bond category median performance)
  • Osterweis Strategic Income Fund (OSTIX) has a less-than-ideal Long-term performance (5-year return 7.06% vs 9.41% High Yield Bond category median performance)
  • Osterweis Strategic Income Fund (OSTIX) has a Morningstar rating of 3 and below
  • Osterweis Strategic Income Fund (OSTIX) is less safe compared to its High Yield Bond peers
  • Osterweis Strategic Income Fund (OSTIX) has an annual stock turnover rate of 75.00% that is higher than the High Yield Bond average of 56.38%. This could mean Osterweis Strategic Income is more nimble, but also signal potential high tax impact and high trading fees
  • Asset base in Osterweis Strategic Income Fund (OSTIX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Osterweis Strategic Income Fund (OSTIX) performance details as of Sep 29, 2014

 

What do you think?

 

Compare Osterweis Strategic Income Fund (OSTIX)Compare with other top High Yield Bond category mutual funds

Aadditional top High Yield Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Osterweis Strategic Income2.304.236.917.06
AllianzGI High Yield Bond Institutional (AYBIX)2.125.0710.019.95Compare
Eaton Vance High Income Opportunities I (EIHIX)3.927.7211.4211.09Compare
Hotchkis & Wiley High Yield A (HWHAX)2.766.5911.6611.19Compare

See top fund managers for High Yield Bond Category Funds

 

Compare Osterweis Strategic Income Fund (OSTIX)Compare with High Yield Bond category ETFs

Some High Yield Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
SPDR Barclays Capital High Yield Bond (JNK)2.89%6.83%10.67%
iShares iBoxx $ High Yield Corporate Bd (HYG)2.76%6.27%10.33%
PowerShares Fundamental High Yld Corp Bd (PHB)2.58%5.86%7.83%
Guggenheim BulletShares 2015 HY Crp Bond (BSJF)2.30%5.42%7.61%
Peritus High Yield ETF (HYLD)2.11%5.07%11.04%

 

Graph of Osterweis Strategic Income Fund (OSTIX) Net Asset TrackingOsterweis Strategic Income (OSTIX) Fund Net Asset

Track net asset change of Osterweis Strategic Income fund (OSTIX)

DateNet Asset
09/2014$7.13B
08/2014$7.13B
07/2014$7.28B
More historic net asset information on Osterweis Strategic Income Fund (OSTIX)

  

Graph of Osterweis Strategic Income Fund (OSTIX) Portfolio TrackingOsterweis Strategic Income (OSTIX) Fund Portfolio Allocation

Track portfolio allocation change of Osterweis Strategic Income fund (OSTIX)

DateCashStockBondOther
06/201412.7%0%81.44%0.86%
03/201418.04%0%76.48%0.92%
12/201321.42%0%74.22%0%
Click here to see more historic asset allocation information on Osterweis Strategic Income Fund (OSTIX)

 

graph of Osterweis Strategic Income Fund (OSTIX) Top 10 Position TrackingTop 10 Holdings in Osterweis Strategic Income (OSTIX) Fund

Discover what Osterweis Strategic Income Fund (OSTIX) manager is buying

Jun 29, 2014
Metropcs Wireless 7.875% [2.3%]
Swift Svcs Hldgs 10% [2.08%]
Michaels Finco Hldgs Llc / Mic 144A 7.5% [2.07%]
Alere 8.625% [1.81%]
Icahn Enterprises Lp/Corp 3.5% [1.65%]
Bi-Lo Llc / Bi-Lo Fin 144A 8.625% [1.61%]
Milestone Aviation Grp 144A 8.625% [1.59%]
Vwr Fdg 7.25% [1.44%]
Edgen Murray Corporation 144A 8.75% [1.41%]
Regis Corp Minn 144A 5.75% [1.39%]

Mar 30, 2014
Metropcs Wireless 7.875% [2.17%]
Swift Svcs Hldgs 10% [2.02%]
Kratos Defense & Sec Solutions 10% [1.78%]
Michaels Finco Hldgs Llc / Mic 144A 7.5% [1.77%]
Icahn Enterprises Lp/Corp 144A 3.5% [1.75%]
Bi-Lo Llc / Bi-Lo Fin 144A 8.625% [1.75%]
Alere 8.625% [1.68%]
Regis Corp Minn 144A 5.75% [1.49%]
Castle A M 12.75% [1.47%]
Nationstar Mtg Llc / Nationsta 10.875% [1.3%]

Dec 30, 2013
Fmg Resources August 2006 Pt 144A 6.375% [1.93%]
Icahn Enterprises Lp/Corp 7.75% [1.89%]
Regis Corp Minn 144A 5.75% [1.82%]
First Data 11.25% [1.79%]
Metropcs Wireless 7.875% [1.74%]
Alere 8.625% [1.67%]
Kratos Defense & Sec Solutions 10% [1.64%]
Castle A M 12.75% [1.61%]
Nationstar Mtg Llc / Nationsta 10.875% [1.61%]
Michaels Finco Hldgs Llc / Mic 7.5% [1.51%]
Click here for Stock Holding Change Map in Osterweis Strategic Income Fund (OSTIX)

  

Latest News on Osterweis Strategic Income (OSTIX) Fund

See what is happening with Osterweis Strategic Income Fund (OSTIX)

 

Osterweis Strategic Income Fund (OSTIX) Related ResourcesSee more information on Osterweis Strategic Income (OSTIX) Fund

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