AOHY – Angel Oak High Yield Opportunities ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to earn a high level of current income with a secondary objective of capital appreciation. In pursuing its investment objective, the fund will, under normal circumstances, invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities rated below investment grade (measured at the time of purchase). The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AOHY	Angel Oak High Yield Opportunities ETF	ETF	Open			Mar 31, 2009	$115.93M	0.550%	—	—	−$10.61M

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