Angel Oak Strategic Credit Fund Institutional (ASCIX)
20.89
-0.01
(-0.05%)
USD |
Jan 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.90% | -- | -- | 81.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 8.41% | Upgrade | Upgrade |
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:
--
-296.35M
Peer Group Low
1.634B
Peer Group High
1 Year
% Rank:
--
-908.74M
Peer Group Low
12.36B
Peer Group High
3 Months
% Rank:
--
-1.548B
Peer Group Low
1.693B
Peer Group High
3 Years
% Rank:
--
-9.784B
Peer Group Low
20.87B
Peer Group High
6 Months
% Rank:
--
-1.794B
Peer Group Low
4.071B
Peer Group High
5 Years
% Rank:
--
-5.014B
Peer Group Low
53.25B
Peer Group High
YTD
% Rank:
--
218.95M
Peer Group Low
420.41M
Peer Group High
10 Years
% Rank:
--
-16.06B
Peer Group Low
79.46B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 16, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | -4.42% |
| Stock | 0.00% |
| Bond | 103.0% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.45% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
FIRST EAGLE COMMERCIAL LOAN FUNDING LLC 161R CR SEQ FLT 9.58007% 26-JAN-2032
|
12.64% | -- | -- |
|
SELENE 2024-1 FRN 01-OCT-2034
|
7.79% | -- | -- |
| First American Government Obligations Fd U | 6.51% | 1.00 | 0.00% |
|
GS MORTGAGE-BACKED SECURITIES TRUST 20NQM1 B2 VAR 6.71084% 27-SEP-2060
|
3.63% | -- | -- |
|
PIKES PEAK CLO 14R ER FLT 10.32549% 20-JUL-2038
|
2.44% | -- | -- |
|
MONROE CAPITAL MML CLO LTD 15 E FLT 12.9498% 24-SEP-2035
|
2.40% | -- | -- |
| iShares Broad USD High Yield Corporate Bond ETF | 2.20% | 37.61 | 0.03% |
|
MARANON LOAN FUNDING LTD 251 D2 FLT 15-OCT-2037
|
2.14% | -- | -- |
|
CSMC TRUST 22ATH1 B2 SEQ VAR 4.61075% 25-JAN-2067
|
2.11% | -- | -- |
|
OFSI BSL LTD 15 E FLT 10.80128% 31-MAR-2038
|
1.83% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 1.25% |
| Administration Fee | 31.08K% |
| 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 |
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 (1-14-26) | 8.55% |
| 30-Day SEC Yield (12-31-25) | 8.23% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 155 |
| Bond | |
| Yield to Maturity (9-30-25) | 7.48% |
| Effective Duration | 3.80 |
| Average Coupon | 8.63% |
| Calculated Average Quality | 4.581 |
| Effective Maturity | 12.51 |
| Nominal Maturity | 12.56 |
| Number of Bond Holdings | 147 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Launch Date | 12/26/2017 |
| Share Classes | |
| ASCNX | Other |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund |
|
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |