Angel Oak UltraShort Income Fund A1 (AOUNX)
9.80
+0.01
(+0.10%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.60% | 841.67M | -- | 76.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 94.63M | 3.81% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income while seeking to minimize price volatility and maintain liquidity. The Fund invests in mortgage-backed and other asset-backed fixed income securities, corporate and other debt securities, and collateralized loan obligations and other collateralized debt obligations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | Multi-Sector Income Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Multi-Sector Income Funds |
| Fund Owner Firm Name | Angel Oak Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
64
-1.540B
Peer Group Low
933.59M
Peer Group High
1 Year
% Rank:
35
94.63M
-1.537B
Peer Group Low
21.82B
Peer Group High
3 Months
% Rank:
24
-359.98M
Peer Group Low
1.582B
Peer Group High
3 Years
% Rank:
33
-4.599B
Peer Group Low
68.93B
Peer Group High
6 Months
% Rank:
28
-746.24M
Peer Group Low
3.449B
Peer Group High
5 Years
% Rank:
74
-7.501B
Peer Group Low
60.42B
Peer Group High
YTD
% Rank:
32
-1.125B
Peer Group Low
11.82B
Peer Group High
10 Years
% Rank:
--
-12.74B
Peer Group Low
115.20B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 1.84% |
| Stock | 0.00% |
| Bond | 99.30% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -1.14% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Government Obligations Fd U | 2.89% | 1.00 | 0.00% |
|
BAIN CAPITAL CREDIT CLO 205RR ARR FLT 4.82523% 20-APR-2034
|
1.31% | -- | -- |
| FHLMC-New 0.273 12/25/2030 FIX USD Agency | 1.01% | 99.32 | 0.00% |
| FHLMC-New 0.242 01/25/2031 FIX USD Agency | 0.97% | 99.32 | 0.00% |
| FHLMC-New 0.569 03/25/2032 FIX USD Agency | 0.95% | 100.05 | 0.00% |
|
PAGAYA AI DEBT GRANTOR TRUST 257 A2 SEQ FIX 4.529% 16-MAY-2033
|
0.82% | -- | -- |
|
PRET LLC 26RN2 A1
|
0.82% | -- | -- |
|
BCRED MML CLO 221 A1 FLT 5.31763% 20-APR-2035
|
0.80% | -- | -- |
|
GOLUB CAPITAL PARTNERS SHORT DURATION 221R BR FLT 5.66659% 25-JUL-2033
|
0.79% | -- | -- |
| FHLMC-New 0.23 08/25/2028 FIX USD Agency | 0.76% | 99.68 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.24% |
| Administration Fee | 211.00 None |
| Maximum Front Load | 1.50% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 100.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income while seeking to minimize price volatility and maintain liquidity. The Fund invests in mortgage-backed and other asset-backed fixed income securities, corporate and other debt securities, and collateralized loan obligations and other collateralized debt obligations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | Multi-Sector Income Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Multi-Sector Income Funds |
| Fund Owner Firm Name | Angel Oak Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-6-26) | 4.39% |
| 30-Day SEC Yield (9-30-23) | 4.22% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 453 |
| Bond | |
| Yield to Maturity (6-30-26) | 4.65% |
| Effective Duration | 0.80 |
| Average Coupon | 4.95% |
| Calculated Average Quality | 2.757 |
| Effective Maturity | 8.190 |
| Nominal Maturity | 8.237 |
| Number of Bond Holdings | 448 |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:AOUNX", "name") |
| Broad Asset Class: =YCI("M:AOUNX", "broad_asset_class") |
| Broad Category: =YCI("M:AOUNX", "broad_category_group") |
| Prospectus Objective: =YCI("M:AOUNX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |