Morningstar

Angel Oak Multi-Strategy Income Fund Institutional Shares ANGIX

Morningstar Medalist Rating
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Medalist Rating as of See Angel Oak Investment Hub
  • NAV / 1-Day Return $8.57  /  −0.12 %
  • Fund Size $2.3B
  • Adjusted Expense Ratio 0.990%
  • Net Expense Ratio 0.980%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $500,000
  • Investment Status Open
  • TTM Yield 5.60%
  • Average Effective Duration 4.20 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis ANGIX

Will ANGIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ANGIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ANGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ANGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Angel Oak Multi-Strategy Income Instl holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings ANGIX

More ANGIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Dec 26

5.72 145M
Government

Helios 2024-1

2.40 61M
Securitized

Saluda Grade Alternative Mortgage Trust 2022-Seq2

1.39 35M
Securitized

Federal National Mortgage Association

1.36 34M
Securitized

Goldman Sachs Mtg Pass Thru Tr 2022-1 4.2%

1.34 34M
Securitized

Helios-Construct

1.09 27M
Securitized

DSLA Mortgage Loan Trust 2004-Ar4 4.15%

0.91 23M
Securitized

First American Government Obligs U

0.74 19M
Cash and Equivalents

Federal National Mortgage Association 5%

0.71 18M
Securitized

Federal National Mortgage Association 5.5%

0.66 17M
Securitized

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