Distribution Schedule

The Osterweis Total Return Fund distributes income monthly and capital gains once a year in December.

Record Date Ex./Pay and Reinvest Date
January Income Distribution 1/28/22 1/31/22
February Income Distribution 2/25/22 2/28/22
March Income Distribution 3/30/22 3/31/22
April Income Distribution 4/28/22 4/29/22
May Income Distribution 5/27/22 5/31/22
June Income Distribution 6/29/22 6/30/22
July Income Distribution 7/28/22 7/29/22
August Income Distribution 8/30/22 8/31/22
September Income Distribution 9/29/22 9/30/22
October Income Distribution 10/28/22 10/31/22
November Income Distribution 11/29/22 11/30/22
December Income & Cap. Gains Distribution 12/29/22 12/30/22

Distribution History

EX./PAY AND REINVEST DATE ORDINARY INCOME SHORT-TERM CAP. GAINS LONG-TERM CAP. GAINS TOTAL DISTRIBUTION REINVEST NAV
5/31/22 $0.00716 $0.00000 $0.00000 $0.00716 9.54
4/29/22 $0.01155 $0.00000 $0.00000 $0.01155 9.56
3/31/22 $0.01542 $0.00000 $0.00000 $0.01542 9.75
2/28/22 $0.00620 $0.00000 $0.00000 $0.00620 9.95
1/31/22 $0.00693 $0.00000 $0.00000 $0.00693 10.05
12/31/21 $0.00982 $0.00986 $0.00000 $0.01968 10.17
11/30/21 $0.00140 $0.00000 $0.00000 $0.00140 10.13
10/29/21 $0.00288 $0.00000 $0.00000 $0.00288 10.13
9/30/21 $0.00480 $0.00000 $0.00000 $0.00480 10.16
8/31/21 $0.00597 $0.00000 $0.00000 $0.00597 10.20
7/30/21 $0.00643 $0.00000 $0.00000 $0.00643 10.20
6/30/21 $0.00492 $0.00000 $0.00000 $0.00492 10.24
5/28/21 $0.00512 $0.00000 $0.00000 $0.00512 10.24
4/30/21 $0.00552 $0.00000 $0.00000 $0.00552 10.22
3/31/21 $0.00642 $0.00000 $0.00000 $0.00642 10.18
2/26/21 $0.00753 $0.00000 $0.00000 $0.00753 10.20
1/29/21 $0.01031 $0.00000 $0.00000 $0.01031 10.35
12/31/20 $0.01400 $0.19543 $0.00000 $0.20943 10.40
11/30/20 $0.00927 $0.00000 $0.00000 $0.00927 10.54
10/30/20 $0.01177 $0.00000 $0.00000 $0.01177 10.42
9/30/20 $0.00502 $0.00000 $0.00000 $0.00502 10.44
8/31/20 $0.01063 $0.00000 $0.00000 $0.01063 10.45
7/31/20 $0.01420 $0.00000 $0.00000 $0.01420 10.49
6/30/20 $0.01671 $0.00000 $0.00000 $0.01671 10.38
5/29/20 $0.01289 $0.00000 $0.00000 $0.01289 10.28
4/30/20 $0.01738 $0.00000 $0.00000 $0.01738 10.25
3/31/20 $0.01808 $0.00000 $0.00000 $0.01808 10.08
2/28/20 $0.01634 $0.00000 $0.00000 $0.01634 10.26
1/31/20 $0.01737 $0.00000 $0.00000 $0.01737 10.26
12/27/19 $0.02352 $0.05455 $0.00000 $0.07807 10.25
11/27/19 $0.02118 $0.00000 $0.00000 $0.02118 10.26
10/28/19 $0.01938 $0.00000 $0.00000 $0.01938 10.22
9/27/19 $0.02313 $0.00000 $0.00000 $0.02313 10.21
8/28/19 $0.02509 $0.00000 $0.00000 $0.02509 10.19
7/29/19 $0.02627 $0.00000 $0.00000 $0.02627 10.13
6/28/19 $0.02798 $0.00000 $0.00000 $0.02798 10.10
5/29/19 $0.03789 $0.00000 $0.00000 $0.03789 10.09
4/29/19 $0.02560 $0.00000 $0.00000 $0.02560 10.14
3/28/19 $0.02976 $0.00000 $0.00000 $0.02976 10.13
2/28/19 $0.03016 $0.00000 $0.00000 $0.03016 10.12
1/28/19 $0.01618 $0.00000 $0.00000 $0.01618 10.07
12/27/18 $0.03271 $0.00000 $0.01286 $0.04557 9.95
11/27/18 $0.02563 $0.00000 $0.00000 $0.02563 9.97
10/30/18 $0.03207 $0.00000 $0.00000 $0.03207 9.99
9/27/18 $0.02615 $0.00000 $0.00000 $0.02615 10.04
8/28/18 $0.02958 $0.00000 $0.00000 $0.02958 10.01
7/27/18 $0.03158 $0.00000 $0.00000 $0.03158 10.01
6/27/18 $0.03002 $0.00000 $0.00000 $0.03002 9.96
5/30/18 $0.03091 $0.00000 $0.00000 $0.03091 9.99
4/27/18 $0.02628 $0.00000 $0.00000 $0.02628 9.97
3/27/18 $0.02606 $0.00000 $0.00000 $0.02606 9.95
2/27/18 $0.04496 $0.00000 $0.00000 $0.04496 9.99
1/16/18 $0.01145 $0.00000 $0.00000 $0.01145 10.15
12/15/17 $0.50259 $0.01791 $0.02488 $0.09538 10.15
11/15/17 $0.03453 $0.00000 $0.00000 $0.03453 10.23
10/16/17 $0.03210 $0.00000 $0.00000 $0.03210 10.26
9/15/17 $0.03082 $0.00000 $0.00000 $0.03082 10.28
8/15/17 $0.03031 $0.00000 $0.00000 $0.03031 10.28
7/17/17 $0.03355 $0.00000 $0.00000 $0.03355 10.27
6/15/17 $0.03231 $0.00000 $0.00000 $0.03231 10.20
5/15/17 $0.01927 $0.00000 $0.00000 $0.01927 10.24
4/17/17 $0.00358 $0.00000 $0.00000 $0.00358 10.21
3/15/17 $0.02167 $0.00000 $0.00000 $0.02167 10.20
2/15/17 $0.01332 $0.00000 $0.00000 $0.01332 10.11
Swipe Table for Full Data

Additional Information

Investment Team

Eddy Vataru

Chief Investment Officer – Total Return & Lead Portfolio Manager

Eddy Vataru

Chief Investment Officer – Total Return & Lead Portfolio Manager

Prior to joining Osterweis Capital Management in 2016, Eddy Vataru worked in senior management positions at Incapture, LLC and Citadel, LLC. Before that he spent over 11 years at BlackRock (formerly Barclays Global Investors, BGI), where his last position was as Managing Director and Head of U.S. Rates and Mortgages. While in this role, BGI worked with the U.S. Treasury in implementing its Agency MBS Purchase Program, buying mortgages for the U.S. government from 2008-2009.

Over the course of his career as a fixed income investor, Mr. Vataru has developed extensive experience in managing passive, active, and hedge fund portfolios.

Mr. Vataru is a principal of the firm and the lead Portfolio Manager for the total return fixed income strategy. He is also a Portfolio Manager for the growth & income and flexible balanced strategies. He regularly publishes market commentary and has been named a Venerated Voice on AdvisorPerspectives.com – a designation reserved for the most widely read authors on that site.

Mr. Vataru graduated from California Institute of Technology (B.S. in Chemistry & Economics) and from Olin Business School at Washington University in St. Louis (M.B.A.). Mr. Vataru holds the CFA designation.

John Sheehan

Vice President & Portfolio Manager

John Sheehan

Vice President & Portfolio Manager

Prior to joining Osterweis Capital Management in 2018, John Sheehan 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.

Mr. Sheehan is a principal of the firm and a Portfolio Manager for the total return fixed income strategy.

Mr. Sheehan graduated from Georgetown University (B.A. in Economics). Mr. Sheehan holds the CFA designation.

Daniel Oh

Vice President & Portfolio Manager

Daniel Oh

Vice President & Portfolio Manager

Prior to joining Osterweis Capital Management in 2018, Daniel Oh spent over eight years as a Director at Estabrook Capital Management in New York City and was the lead Portfolio Manager of the Estabrook Investment Grade Fixed Income Fund. Before that he was at Merrill Lynch & Co. as an Associate in Prime/Alt-A-Non-Agency Mortgage Trading. Prior to that, he held positions at Seneca Financial Group and Morgan Stanley.

Mr. Oh’s professional history includes experience in investment grade corporate credit, non-agency and whole loan mortgages, structured credit, and distressed investments.

Mr. Oh is a principal of the firm and a Portfolio Manager for the total return fixed income strategy.

Mr. Oh graduated from Columbia University (B.A. in Economics/Political Science) and from the Stephen M. Ross School of Business at the University of Michigan (M.B.A.).

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 Total Return Fund may invest in fixed income securities which are subject to credit, default, extension, interest rate and prepayment risks. It may also make investments in derivatives that may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. The Fund may invest in 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. Investments in foreign and emerging market securities involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks may increase for emerging markets. Leverage may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the fund to be more volatile than if leverage was not used. Investments in preferred securities have an inverse relationship with changes in the prevailing interest rate. Investments in Asset Backed and Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. It may also make investments in derivatives that may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. 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.