Distribution Schedule

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 2020 Income Distribution 3/13/20 3/16/20
Q2 2020 Income Distribution 6/12/20 6/15/20
Q3 2020 Income Distribution 9/14/20 9/15/20
Q4 2020 Income & Cap. Gains Distribution 12/14/20 12/15/20

Distribution History

EX./PAY AND REINVEST DATE ORDINARY INCOME SHORT-TERM CAP. GAINS LONG-TERM CAP. GAINS TOTAL DISTRIBUTION REINVEST NAV
9/15/20 $0.11423 $0.00000 $0.00000 $0.11423 10.95
6/15/20 $0.11548 $0.00000 $0.00000 $0.11548 10.56
3/16/20 $0.09520 $0.00000 $0.00000 $0.09520 10.21
12/16/19 $0.14411 $0.00000 $0.00000 $0.14411 10.80
9/16/19 $0.11999 $0.00000 $0.00000 $0.11999 11.01
6/17/19 $0.12777 $0.00000 $0.00000 $0.12777 11.02
3/15/19 $0.12165 $0.00000 $0.00000 $0.12165 11.02
12/17/18 $0.14131 $0.00000 $0.00000 $0.14131 10.85
9/17/18 $0.12352 $0.00000 $0.00000 $0.12352 11.24
6/15/18 $0.12586 $0.00000 $0.00000 $0.12586 11.20
3/15/18 $0.11134 $0.00000 $0.00000 $0.11134 11.24
12/15/17 $0.13836 $0.00000 $0.00000 $0.13836 11.29
9/15/17 $0.12751 $0.00000 $0.00000 $0.12751 11.33
6/15/17 $0.12753 $0.00000 $0.00000 $0.12753 11.32
3/15/17 $0.12630 $0.00000 $0.00000 $0.12630 11.19
12/15/16 $0.14573 $0.00000 $0.00000 $0.14573 11.16
9/15/16 $0.14872 $0.00000 $0.00000 $0.14872 11.09
6/15/16 $0.15364 $0.00000 $0.00000 $0.15364 10.77
3/15/16 $0.13782 $0.00000 $0.00000 $0.13782 10.43
12/15/15 $0.17672 $0.00000 $0.00000 $0.17672 10.61
9/15/15 $0.15604 $0.00000 $0.00000 $0.15604 11.17
6/15/15 $0.15170 $0.00000 $0.00000 $0.15170 11.48
3/16/15 $0.15313 $0.00000 $0.00000 $0.15313 11.41
12/15/14 $0.18302 $0.00000 $0.01679 $0.19981 11.30
9/15/14 $0.15923 $0.00000 $0.00000 $0.15923 11.80
6/16/14 $0.14609 $0.00000 $0.00000 $0.14609 11.97
3/17/14 $0.09880 $0.00000 $0.00000 $0.09880 11.95
12/16/13 $0.16385 $0.00833 $0.00000 $0.17218 11.80
9/16/13 $0.10759 $0.00000 $0.00000 $0.10759 11.78
6/17/13 $0.16018 $0.00000 $0.00000 $0.16018 11.77
3/15/13 $0.12399 $0.00000 $0.00000 $0.12399 11.82
12/17/12 $0.20610 $0.00000 $0.00000 $0.20610 11.62
9/17/12 $0.15229 $0.00000 $0.00000 $0.15229 11.63
6/15/12 $0.15409 $0.00000 $0.00000 $0.15409 11.41
3/15/12 $0.11781 $0.00000 $0.00000 $0.11781 11.53
12/15/11 $0.20972 $0.04163 $0.06418 $0.31553 11.26
9/15/11 $0.17829 $0.00000 $0.00000 $0.17829 11.38
6/15/11 $0.15994 $0.00000 $0.00000 $0.15994 11.70
3/15/11 $0.09793 $0.00000 $0.00000 $0.09793 11.71
12/15/10 $0.19943 $0.09528 $0.04087 $0.33558 11.58
9/29/10 $0.15871 $0.00000 $0.00000 $0.15871 11.68
6/29/10 $0.16735 $0.00000 $0.00000 $0.16735 11.33
3/30/10 $0.13781 $0.00000 $0.00000 $0.13781 11.47
Swipe Table for Full Data

Additional Information

Investment Team

Carl P. Kaufman

Co-President, Co-Chief Executive Officer, Chief Investment Officer – Strategic Income & Managing Director – Fixed Income

Carl P. Kaufman

Carl P. Kaufman

Co-President, Co-Chief Executive Officer, Chief Investment Officer – Strategic Income & Managing Director – Fixed Income

Carl Kaufman graduated from Harvard University (B.A. in Music, cum laude) and attended the New York University Graduate School of Business Administration.

Prior to joining Osterweis Capital Management in 2002, Mr. Kaufman was a senior member of the convertible bond team at Robertson Stephens, where he focused on technology and biotech securities. Before that, he spent nineteen years with Merrill Lynch in their Institutional Sales office, specializing in convertible bond and equity research sales and trading.

Mr. Kaufman is responsible for the President and CEO functions related to the firm’s investment matters and is a member of the firm’s Management Committee. He is a principal of the firm and the lead Portfolio Manager for the strategic income strategy, which he has managed since its inception in 2002. He is also the Managing Director of Fixed Income and a lead Portfolio Manager for the flexible balanced strategy.

Bradley M. Kane

Vice President & Portfolio Manager

Bradley M. Kane

Vice President & Portfolio Manager

Bradley Kane graduated from Lehigh University (B.S. in Business & Economics).

Prior to joining Osterweis Capital Management in 2013, Mr. 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.

Mr. Kane is a principal of the firm and a Portfolio Manager for the strategic income strategy.

Craig L. Manchuck

Vice President & Portfolio Manager

Craig L. Manchuck

Vice President & Portfolio Manager

Craig Manchuck graduated from Lehigh University (B.S. in Finance) and NYU Stern School of Business (M.B.A.).

Prior to joining Osterweis Capital Management in 2017, Mr. 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.

Mr. Manchuck is a principal of the firm and a Portfolio Manager for the strategic income strategy.

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.