Diversified Municipal Bond Model

Available at Orion Portfolio Solutions

Investment Objective and Strategy

The Ocean Park Diversified Municipal Bond Model seeks to produce satisfying long-term returns while limiting downside risk.

Returns are created from interest income as well as increases in bond prices. The interest income from municipal bonds is tax-exempt at the federal level, providing a valuable benefit for clients in relatively high income tax brackets. The Model diversifies a client’s account directly and indirectly among a number of municipal bond mutual funds.

Trends in the municipal bond market will determine when the Model and its underlying holdings will be either fully invested or in cash. Each holding is monitored daily, and during declines a proprietary stop-loss discipline is executed with the goal of limiting drawdowns.

RESOURCES

Fact Sheets

Ocean Park Asset Management | Fact Sheets

Q4 2022 Diversified Municipal Bond Model Fact Sheet

January 27, 2023

Ocean Park Diversified Municipal Bond Model Fact Sheet as of December 31, 2022.

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OUR INVESTMENT PROCESS

The foundation of our investment process begins with two very simple goals:

Prevent large, unrecoverable losses and reduce volatility
Produce satisfying, risk-adjusted returns over a market cycle

Whether it be a diversiﬁed or single asset strategy, all Ocean Park programs are managed with the same goal-based approach.

Learn more about our
investment process

ALLOCATION POSITIONS

Current Positions

Allocations are subject to change.

Monthly Positions

Allocations are subject to change.

Historical Allocation Positions

Allocations are subject to change.