High Yield Corporate Bond Strategy

Available on TAMP Platforms

INVESTMENT OBJECTIVE AND STRATEGY

The Ocean Park High Yield Corporate Bond Strategy 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 Strategy diversifies a client’s account among at least four (often up to ten) high yield corporate bond mutual funds that are expected to generate returns superior to a simple high yield corporate bond benchmark. Each holding is monitored daily and during declines, a proprietary stop-loss discipline is implemented with the goal of limiting drawdowns. The Strategy will be fully invested when there are many Buy signals and will, at times, be fully in cash when the universe of high yield corporate bond mutual funds are showing Sell signals.

RESOURCES

Fact Sheets

Ocean Park Asset Management | Fact Sheets

Q2 2023 High Yield Corporate Bond Strategy Fact Sheet

August 7, 2023

Ocean Park High Yield Corporate Bond Strategy Fact Sheet as of June 30, 2023.

VIEW RESOURCE

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

Monthly Positions

Allocations are subject to change.

Historical Allocation Positions

Allocations are subject to change.

† The primary benchmark for the Ocean Park High Yield Corporate Bond Strategy is the ICE Bank of America Merrill Lynch U.S. High Yield Master II Index, which tracks the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market. The secondary benchmark is the Bloomberg Barclays U.S. Aggregate Bond Index, which is a broad-based flagship benchmark that measures the investment grade, U.S. dollar-denominated fixed-rate taxable bond market. One cannot invest directly in an index or category and unmanaged index or category returns do not reflect any fees, expenses, or sales charges.