Literature

Fund Literature

Fact Sheet September 2018
October Strategic Income Outlook – Going out on a "High" Note

The third quarter of 2018 was a strong period for the U.S. economy, and we expect the momentum to continue. But we’re keeping a close eye on three potential headwinds – rising rates, increasing inflation and the ongoing global trade disputes.

September 2018
Shareholder Letter October 2018

News & Views

Advisor Perspectives: Threading the Needle

Carl Kaufman Discusses How the Osterweis Strategic Income Fund has continued to thrive in today’s challenging fixed income market.

June 2018
Inside Information: Inefficient Market Theory

Read an Inside Information article about opportunities for active investors, including thoughts from Carl Kaufman.

February 2017

Regulatory Reports

Summary Prospectus  
Statutory Prospectus  
Statement of Additional Information  
Semi-Annual Report - Osterweis Funds  
Annual Report - Osterweis Funds  

Open an Account

After reading the prospectus, please click on the links below to download an application.

Applications & Forms

Application - Regular Account  

Regular/Taxable accounts for Individuals, Joint or Gifts to Minors.

 
Entity Application - Regular Account  

Regular/Taxable accounts for entities such as C Corporations, Partnerships, Limited Liability Companies, etc.

 
Application - IRA Account  

Regular, Roth, SEP, SIMPLE, Transfer or Rollover IRA account. Please read the IRA Disclosure Statement & Custodial Agreement.

 
IRA or CESA Transfer Form  

Transfer an existing IRA to the Osterweis Funds.

 
Beneficiary Change Form  

Change your beneficiaries for Traditional, Roth, SEP and SIMPLE IRA’s.

 

Investment Team

Account Access

Email Update

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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