Angel Oak Strategic Credit Fund FI (ASCNX)
20.39
-0.02
(-0.10%)
USD |
Oct 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.13% | 84.16M | -- | 82.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 5.04% |
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:
--
-44.49M
Peer Group Low
5.479B
Peer Group High
1 Year
% Rank:
--
-4.415B
Peer Group Low
15.84B
Peer Group High
3 Months
% Rank:
--
-472.97M
Peer Group Low
6.854B
Peer Group High
3 Years
% Rank:
--
-13.28B
Peer Group Low
23.25B
Peer Group High
6 Months
% Rank:
--
-2.859B
Peer Group Low
13.13B
Peer Group High
5 Years
% Rank:
--
-5.762B
Peer Group Low
47.01B
Peer Group High
YTD
% Rank:
--
-2.867B
Peer Group Low
14.84B
Peer Group High
10 Years
% Rank:
--
-1.900B
Peer Group Low
46.26B
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 | -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 | 9369.00 None |
| Maximum Front Load | -- |
| Maximum Deferred Load | 3.00% |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 25.00M None |
| Minimum Subsequent Investment | 0.00 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 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 (10-5-26) | 8.66% |
| 30-Day SEC Yield (9-30-23) | 7.08% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 157 |
| Bond | |
| Yield to Maturity (6-30-26) | 8.43% |
| Effective Duration | 3.40 |
| 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 | 7/12/2022 |
| Last Annual Report Date | 1/31/2026 |
| Last Prospectus Date | 5/31/2025 |
| Share Classes | |
| ASCIX | Inst |
| 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% |