STMEX Mutual Fund

NAV$23.98

Fund Essentials - as of Nov 28, 2025

Net Assets
$128M
Expense Ratio
1.63%
Dividend Yield (Current)
3.51%
Holdings
12
Inception Date
Dec 27, 2018
Fund Family
Sierra Mutual Funds
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD+2.58%
1 Year+5.91%
3 Year+2.59%
5 Year+0.85%

Asset Allocation

Other: 100.00%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
WMFAXAllspring Municipal Bond Fund23.24%
-Nuveen High Yield Municipal Bond Fund18.60%
PYMAXPimco High Yield Municipal Bond Fund14.05%
NVCCXNuveen Short Duration High Yield Municipal Bond Fund11.81%
PMUPXPimco Municipal Bond Fund7.25%
Top 10 Concentration: 98.86%Report Date: Nov 28, 2025
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Dividend Summary

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Dividend Yield (Current)
3.51%
Frequency
Monthly
Latest Distribution
$0.03
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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STMEX Mutual Fund Overview

STMEX Mutual Fund (Ocean Park Tactical Municipal Fund Institutional Class) is managed by Sierra Mutual Funds with $127.5M in net assets. STMEX expense ratio is 1.63%, holding 12 positions across sectors including Unknown, Other. Inception date: 2018-12-27.

STMEX performance shows a YTD return of 2.58%. The 1-year return is 5.91% and the 5-year return is 0.85%. STMEX dividend yield stands at 3.51%, paid monthly.

STMEX top holdings include Allspring Municipal Bond Fund (23.2%), Nuveen High Yield Municipal Bond Fund (18.6%), Pimco High Yield Municipal Bond Fund (14.1%), Nuveen Short Duration High Yield Municipal Bond Fund (11.8%), Pimco Municipal Bond Fund (7.3%). View all STMEX holdings, sector breakdown, or dividend history.

STMEX can be compared against other funds using the overlap calculator or side-by-side comparison tool. STMEX alternatives are available via the screener, along with tax-loss harvesting opportunities.