Nasdaq - Delayed Quote • USD
Otter Creek Long/Short Opportunity Instl (OTTRX)
At close: 8:00 PM EDT
Fund Summary
The manager employs a long/short investment strategy to achieve capital appreciation and manage risk. The manager takes long positions in securities Otter Creek believes to be undervalued and short positions in securities Otter Creek believes to be overvalued. The fund's objective is to provide long-term capital appreciation. Under normal market conditions, the net long exposure of the fund (gross long exposures minus gross short exposures) is expected to range between -35% and +80% net long.
Otter Creek Long/Short Opportunity Instl
West Palm Beach, FL 33401
222 Lakeview Avenue Suite 1100
Fund Overview
| Category | Equity Market Neutral |
| Fund Family | Otter Creek |
| Net Assets | 142.52M |
| YTD Return | 7.18% |
| Yield | 3.00% |
| Morningstar Rating | |
| Inception Date | Dec 30, 2013 |
Fund Operations
| Last Dividend | 0.41 |
| Last Cap Gain | 2.00 |
| Holdings Turnover | 303.00% |
| Average for Category | -- |
Fees & Expenses
| Expense | OTTRX | Category Average |
|---|---|---|
| Annual Report Expense Ratio (net) | 2.06% | 2.30% |
| Prospectus Net Expense Ratio | 2.06% | -- |
| Prospectus Gross Expense Ratio | 2.22% | -- |
| Max 12b1 Fee | -- | -- |
| Max Front End Sales Load | -- | 5.18% |
| Max Deferred Sales Load | -- | 1.00% |
| 3 Yr Expense Projection | 0 | -- |
| 5 Yr Expense Projection | 0 | -- |
| 10 Yr Expense Projection | 0 | -- |
Management Information
Cory J. Reed, Lead Manager since April 14, 2022
Cory J. Reed, CFA. Mr. Reed is a Principal and Portfolio Manager with the Advisor. Mr. Reed joined the investment advisor in September 2016 and served as an investment professional. Prior to joining Otter Creek Advisors, Mr. Reed worked at Tetrem Capital Management, a Canadian investment firm based in Winnipeg, MB and Boston, MA, as Head of Trading from March 2013 through September 2016. Prior to that Mr. Reed spent time at LPL Financial in the research department, and with Needham and Company. While at Needham and Co. Mr. Reed performed in-depth fundamental research and analysis for Financial Technology, and IT Hardware companies. Mr. Reed started his career with Westfield Capital Management as an Assistant Trader. Mr. Reed received his BS in Business Administration from The University of Maine in 2007. Mr. Reed is also a CFA Charter holder. Morningstar Style Box
Morningstar Category
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