Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Angel Oak Financials Income Impact A ANFLX
- NAV / 1-Day Return 7.77 / +0.11 %
- Total Assets 62.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.950%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.89%
- Effective Duration 1.88 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 12:21 AM GMT+0
Morningstar’s Analysis ANFLX
Will ANFLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 30.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Government Obligs U | 11.39 | 8.6 Mil | Cash and Equivalents |
Kingstone Companies Inc 12% | 5.10 | 3.9 Mil | Corporate |
Marble Point Loan Financing Ltd / MPLF Funding I Llc 7.5% | 4.41 | 3.3 Mil | Corporate |
RBB Bancorp. 4% | 3.45 | 2.6 Mil | Corporate |
Fidelity Financial Corp 5% | 3.30 | 2.5 Mil | Corporate |
NexBank Capital, Inc. 4% | 3.18 | 2.4 Mil | Corporate |
Flushing Financial Corp. 3.13% | 3.16 | 2.4 Mil | Corporate |
U.S. Bancorp. 5.84% | 2.69 | 2.0 Mil | Corporate |
JPMorgan Chase & Co. 5.3% | 2.66 | 2.0 Mil | Corporate |
Wells Fargo Bank, National Association 5.55% | 2.65 | 2.0 Mil | Corporate |