Angel Oak Strategic Credit Fund Institutional (ASCIX)
20.53
-0.01
(-0.05%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.13% | 80.98M | -- | 82.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 5.48% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return. The Fund invests, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in credit-related instruments. The Fund expects to concentrate its investments in residential mortgage-backed securities and commercial mortgage-backed securities. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | General Bond Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General Bond 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:
--
-579.84M
Peer Group Low
653.54M
Peer Group High
1 Year
% Rank:
--
-4.819B
Peer Group Low
9.078B
Peer Group High
3 Months
% Rank:
--
-1.691B
Peer Group Low
4.262B
Peer Group High
3 Years
% Rank:
--
-14.43B
Peer Group Low
18.02B
Peer Group High
6 Months
% Rank:
--
-3.198B
Peer Group Low
8.224B
Peer Group High
5 Years
% Rank:
--
-4.357B
Peer Group Low
48.41B
Peer Group High
YTD
% Rank:
--
-2.918B
Peer Group Low
9.362B
Peer Group High
10 Years
% Rank:
--
-1.900B
Peer Group Low
40.80B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | -5.72% |
| Stock | 0.00% |
| Bond | 105.2% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.54% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
SELENE 2024-1 FRN 01-OCT-2034
|
6.45% | -- | -- |
|
FIRST EAGLE COMMERCIAL LOAN FUNDING LLC 161R CR SEQ FLT 8.9282% 26-JAN-2032
|
6.23% | -- | -- |
|
MARANON LOAN FUNDING LTD 251 E SEQ FLT 10.6731% 15-SEP-2037
|
3.91% | -- | -- |
|
GS MORTGAGE-BACKED SECURITIES TRUST 20NQM1 B2 VAR 6.71084% 27-SEP-2060
|
3.57% | -- | -- |
| First American Government Obligations Fd U | 2.98% | 1.00 | 0.00% |
|
NEUBERGER BERMAN LOAN ADVISERS LASALLE STREET LENDING CLO LTD 2 E FLT 11.17523% 20-APR-2038
|
2.50% | -- | -- |
|
PIKES PEAK CLO 14R ER FLT 9.67523% 20-JUL-2038
|
2.46% | -- | -- |
|
TIKEHAU US CLO LTD 4R ER FLT 11.5631% 15-MAR-2038
|
2.17% | -- | -- |
|
CSMC TRUST 22ATH1 B2 SEQ VAR 4.64203% 25-JAN-2067
|
2.11% | -- | -- |
|
OFSI BSL LTD 15 E FLT 10.17523% 31-MAR-2038
|
1.87% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 1.25% |
| Administration Fee | 31190.00 None |
| Maximum Front Load | -- |
| 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 | 50000.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks total return. The Fund invests, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in credit-related instruments. The Fund expects to concentrate its investments in residential mortgage-backed securities and commercial mortgage-backed securities. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | General Bond Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General Bond Funds |
| Fund Owner Firm Name | Angel Oak Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 8.51% |
| 30-Day SEC Yield (8-31-26) | 8.56% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 157 |
| Bond | |
| Yield to Maturity (6-30-26) | 8.43% |
| Effective Duration | 3.70 |
| Average Coupon | 8.41% |
| Calculated Average Quality | 4.791 |
| Effective Maturity | 12.53 |
| Nominal Maturity | 12.56 |
| Number of Bond Holdings | 149 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Launch Date | 12/26/2017 |
| Last Annual Report Date | 1/31/2026 |
| Last Prospectus Date | 5/31/2025 |
| Share Classes | |
| ASCNX | Other |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |