The Osterweis Strategic Income Fund distributes income four times per year and capital gains once a year in December.
| Record Date | Ex./Pay and Reinvest Date | |
|---|---|---|
| Q1 2024 Income Distribution | 3/14/24 | 3/15/24 |
| Q2 2024 Income Distribution | 6/14/24 | 6/17/24 |
| Q3 2024 Income Distribution | 9/13/24 | 9/16/24 |
| Q4 2024 Income & Cap. Gains Distribution | 12/13/24 | 12/16/24 |
| EX./PAY AND REINVEST DATE | ORDINARY INCOME | SHORT-TERM CAP. GAINS | LONG-TERM CAP. GAINS | TOTAL DISTRIBUTION | REINVEST NAV |
|---|---|---|---|---|---|
| 3/15/24 | $0.13498 | $0.00000 | $0.00000 | $0.13498 | 10.98 |
| 12/29/23 | $0.01841 | $0.00000 | $0.00000 | $0.01841 | 10.94 |
| 12/15/23 | $0.15307 | $0.00000 | $0.00000 | $0.15307 | 10.85 |
| 9/15/23 | $0.14175 | $0.00000 | $0.00000 | $0.14175 | 10.63 |
| 6/15/23 | $0.18426 | $0.00000 | $0.00000 | $0.18426 | 10.54 |
| 3/15/23 | $0.12846 | $0.00000 | $0.00000 | $0.12846 | 10.34 |
| 12/15/22 | $0.13426 | $0.00000 | $0.00000 | $0.13426 | 10.41 |
| 9/15/22 | $0.12346 | $0.00000 | $0.00000 | $0.12346 | 10.33 |
| 6/15/22 | $0.12350 | $0.00000 | $0.00000 | $0.12350 | 10.39 |
| 3/16/22 | $0.10589 | $0.00000 | $0.00000 | $0.10589 | 11.06 |
| 12/15/21 | $0.10638 | $0.00000 | $0.00000 | $0.10638 | 11.43 |
| 9/15/21 | $0.13701 | $0.00000 | $0.00000 | $0.13701 | 11.58 |
Carl Kaufman joined Osterweis Capital Management in 2002 after almost 24 years in various positions at Robertson Stephens and Merrill Lynch. He has managed the Osterweis Strategic Income Fund since its inception in 2002. In addition, he is the Managing Director of Fixed Income and a lead Portfolio Manager for the Osterweis Growth & Income Fund.
In his management role at the firm, he is responsible primarily for investment matters and is a member of the firm’s Management Committee. Mr. Kaufman is a principal of the firm. Additionally, he is a member of the Board of Trustees for the San Francisco Conservatory of Music.
Mr. Kaufman graduated from Harvard University and attended New York University Graduate School of Business Administration.
Prior to joining Osterweis Capital Management in 2013, Bradley Kane was a Portfolio Manager and Analyst at Newfleet Asset Management, where he managed both high yield and leveraged loan portfolios. Before that, he was a Vice President at GSC Partners, focusing on management of high yield and collateralized debt obligations. Earlier in his career, he managed high yield assets as a Vice President at Mitchell Hutchins Asset Management.
He is a principal of the firm and a Portfolio Manager for the strategic income strategy.
Mr. Kane graduated from Lehigh University (B.S. in Business & Economics).
Prior to joining Osterweis Capital Management in 2017, Craig Manchuck was a Managing Director of Fixed Income Sales at Stifel Nicolaus, where he was responsible for sales and origination of high yield bonds, leveraged loans, and post reorg equities. Before Stifel, he held a similar role at Knight Capital. Prior to that, Mr. Manchuck was the Executive Director for Convertible Securities and then High Yield/Distressed Securities at UBS. He has previous experience in Convertible Securities Sales at Donaldson, Lufkin & Jenrette, SBC Warburg, and Merrill Lynch.
He is a principal of the firm and a Portfolio Manager for the strategic income strategy.
Mr. Manchuck graduated from Lehigh University (B.S. in Finance) and NYU Stern School of Business (M.B.A.).
Prior to joining the Strategic Income team at the end of 2023, John Sheehan spent five years as a portfolio manager for the total return strategy. Before that, he spent more than 20 years working at Citigroup, first as Managing Director responsible for Investment Grade Syndicate in New York City, where he advised issuers on accessing funding in the corporate bond market. Later at Citigroup, he was Managing Director in charge of West Coast Investment Grade Sales in San Francisco, where he covered several of the largest U.S. investment grade credit investors.
He is a principal of the firm and a Portfolio Manager for the strategic income strategy.
Mr. Sheehan graduated from Georgetown University (B.A. in Economics). Mr. Sheehan holds the CFA designation and is a member of the CFA Society of San Francisco.
Past performance does not guarantee future results.
The Osterweis Funds are available by prospectus only. The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The summary and statutory prospectuses contain this and other important information about the Funds. You may obtain a summary or statutory prospectus by calling toll free at (866) 236-0050, or by visiting www.osterweis.com/statpro. Please read the prospectus carefully before investing to ensure the Fund is appropriate for your goals and risk tolerance.
Mutual fund investing involves risk. Principal loss is possible.
The Osterweis Strategic Income Fund may invest in debt securities that are un-rated or rated below investment grade. Lower-rated securities may present an increased possibility of default, price volatility or illiquidity compared to higher-rated securities. The Fund may invest in foreign and emerging market securities, which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks may increase for emerging markets. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Small- and mid-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. Higher turnover rates may result in increased transaction costs, which could impact performance. From time to time, the Fund may have concentrated positions in one or more sectors subjecting the Fund to sector emphasis risk. The Fund may invest in municipal securities which are subject to the risk of default.
While the fund is no-load, management fees and other expenses still apply. Please refer to the prospectus for more information.
Osterweis Capital Management is the adviser to the Osterweis Funds, which are distributed by Quasar Distributors, LLC.
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