Osterweis Strategic Income Fund (OSTIX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to preserve capital and attain long-term total returns. The fund invests primarily in income bearing securities, including a wide range of debt and dividend-paying equity securities. Its fixed income investments may include, but are not limited to, U.S. Federal and Agency obligations, investment grade corporate debt, domestic high yield debt or "junk bonds", floating-rate debt, convertible debt, collateralized debt, municipal debt, foreign debt and/or depositary receipts and preferred stock. The fund may also invest up to 100% of its assets in foreign debt (including emerging markets) and/or depositary receipts.


1 month+0.53% 3 years+5.11%
3 months-1.09% 5 years+5.94%
1 year+0.85% Since inception+7.35%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+5.94%+7.86%
Expense ratio0.86%1.12%
Risk 5 year sharpe ratio2.031.24
Net assets$6.3B$1.4B
Average market cap--$12.8B
Average P/E--20.2
Portfolio turnover75%75%

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Fund Management and Purchase Info

Fund familyOsterweis
Fund manager & tenureCarl Kaufman / 12 Years
Minimal initial investment$5,000.00
Minimum IRA investment$1,500.00


Fixed income89.93%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Metropcs Wireless 7.875%2.90%
-- Rite Aid 9.25%2.77%
-- Chs / Cmnty Health Sys 8%2.19%
-- Swift Svcs Hldgs 10%2.18%
-- Alere 8.625%2.14%
-- West 7.875%2.05%
-- Michaels Finco Hldgs Llc / Mic 144A 7.5%1.93%
-- Edgen Murray Corporation 144A 8.75%1.87%
-- Milestone Aviation Grp 144A 8.625%1.86%
-- Icahn Enterprises Lp/Corp 3.5%1.73%

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