Spotlight

New
Video

October 27 Webinar Replay- Osterweis Fund & Osterweis Strategic Investment Fund Q3 Update

If you were unable to join our quarterly webinar, watch the replay to hear updates on the Osterweis Fund and Osterweis Strategic Investment Fund.

Watch Now
New
Podcast

Money Life with Chuck Jaffe: Interview with Jim Callinan

Listen to Emerging Opportunity Fund Portfolio Manager Jim Callinan’s recent interview on the podcast “Money Life with Chuck Jaffe,” where he discusses the answer to the question: “What is the right opportunity and what does it look like?”

Learn More
New
Outlook

Fourth Quarter Equity Outlook

Despite ongoing weakness in the economy, stocks continued to rally in the third quarter. At first glance it seems perplexing, but a deeper analysis reveals that the market drivers are both rational and sustainable. In our view, the pandemic has created profound shifts in demand that have generated strong tailwinds for a wide range of firms.

Learn More
New
Video

October 13 Webinar Replay - Osterweis Strategic Income Fund Q3 Update

If you were unable to join our quarterly webinar, watch the the replay to hear updates on the Osterweis Strategic Income Fund.

Watch Now
News

Mutual Fund Observer: Osterweis Emerging Opportunity Fund Profile

Mutual Fund Observer recently published a profile on the Osterweis Emerging Opportunity Fund (OSTGX) and its portfolio manager, Jim Callinan. The profile delves into the fund and why they recommend it for “sustained, risk-conscious excellence.”

Learn More
Blog

Is the Bond Market as Disconnected from Reality as the Stock Market?

Bob Veres of Insider’s Forum recently moderated a panel discussion featuring Eddy Vataru that explored the disconnect between the strength of the bond market and the weakness in the economy. Eddy explained that the situation is largely due to the Fed's monumental stimulus program, and he suggested strategies for investing in a low rate environment.
Keep Reading
Blog

Investment Grade Credit Update: An Exceptionally Eventful Year That Has Created Opportunities

The investment grade fixed income market has been unusually active in 2020. Initial concerns about Covid-19 triggered a sharp selloff, but sentiment abruptly reversed when the Fed announced plans to purchase corporate bonds. Spreads have nearly returned to their pre-pandemic levels, but not all sectors have recovered equally, creating interesting opportunities for savvy investors.
Keep Reading
New
Outlook

Fourth Quarter Strategic Income Outlook

Markets have continued to rally despite the ongoing economic impact of the pandemic and the uncertainty of the upcoming U.S. election. We’re expecting increased volatility in the near term, and we think a cautious approach is the best course of action.

Learn More
New
Outlook

Fourth Quarter Total Return Outlook

Markets continued their recovery during the 3rd quarter, but the narrative transitioned from concerns about the pandemic to the U.S. election – a trend that we expect to continue in October. The outcome will likely have a material impact on both fiscal stimulus policies and Treasury yields.

Learn More
Blog

A Bright Future for Renewables: Lower Costs and Rising Demand

Following decades of investment and cost reduction, electricity from renewable energy should be cheaper than most existing fossil- and nuclear-fueled electricity within the next three-to-five years. We believe selectively investing in operators with scale and cost advantages in this sector should be rewarding given the increasing demand for clean energy.
Keep Reading
News

Business Insider: Shifting from Post Pandemic Tech Themes into ‘Real Companies’

Business Insider recently spoke with Jim Callinan about how he is managing the Osterweis Emerging Opportunity Fund with a focus on companies that he believes can thrive in the evolving economic environment.

Learn More
New
Blog

Osterweis Total Return Fund Ranked #1 in Nontraditional Bond Category by US News & World Report

The Osterweis Total Return Fund was ranked against 311 funds in the nontraditional bond category, based on an equal weighting of the overall ratings provided by US News and World Report data sources as of August 31, 2020.
Keep Reading
New
Blog

Total Return Perspectives: September 2020

Treasuries were little changed in a month that saw yields confined to a very narrow range. Corporate and mortgage bond spreads widened slightly, consistent with the slight decline in equities and the uptick in equity volatility.
Keep Reading

An Introduction to OCM

In 1983, John Osterweis founded Osterweis Capital Management to manage assets for individuals, families, endowments and institutions. Now entering our fourth decade, we are an integrated firm with over fifty employees, managing $6.2 billion in assets.

Our clients, many of them with us for decades, know we’ve gotten here through an unwavering commitment to one purpose: To protect and grow our clients’ capital for the enduring security of multiple generations.

The Osterweis Funds and other products and services described on this website are intended to be made available to U.S. investors only. Shares of the Funds are currently offered only in the United States and are not available for sale in any jurisdiction other than the United States. The information on this website is neither an offer to sell nor a solicitation of an offer to buy a mutual fund, security or service in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful. Please read these Terms and Conditions.

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.

Osterweis Capital Management is the adviser to the Osterweis Funds, which are distributed by Quasar Distributors, LLC.