Australia markets close in 59 minutes

Angel Oak UltraShort Income A (AOUAX)

Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
9.77+0.01 (+0.10%)
At close: 08:00PM EDT

Angel Oak UltraShort Income A

Atlanta, Georgia 30305

One Buckhead Plaza, 3060 Peachtree Road NW, Suite 500

Angel Oak Funds Trust

Management information
,Lead manager since 1 April 2018
Colin is a Senior Portfolio Manager at Angel Oak Capital and serves as a Portfolio Manager for the High Yield Opportunities Fund, the Multi-Strategy Income Fund, the Strategic Credit Fund, the Total Return Bond Fund, the UltraShort Income Fund, the Multi-Strategy Income UCITS Fund, and the Strategic Mortgage Income Fund. He is also a Portfolio Manager of two ETFs, the Income ETF and the UltraShort Income ETF. Colin focuses on security and portfolio analytics and is responsible for building and managing strategies within the residential mortgage-backed securities market. Colin serves as a voting member of the firm’s public funds Investment Committee. He is also a speaker on many of the firm’s quarterly calls for both its private and public funds. Prior to Angel Oak, Colin worked for an Atlanta-based boutique investment firm where he was responsible for the acquisition and management of their distressed debt portfolio, as well as the development of their proprietary financial technology platform. Previously, Colin worked in the Real Estate Capital Markets group for Wachovia Bank and Wells Fargo where he focused on risk management for their commercial real estate REPO lines. Colin holds B.B.A. degrees in Banking & Finance and Real Estate from the Terry College of Business at the University of Georgia.
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryUltrashort Bond
Fund familyAngel Oak
Net assets437.3M
YTD return2.22%
Yield4.51%
Morningstar rating★★
Inception date29 Apr 2018

Fund operations

Last dividend0.15
Last cap gain-13.00
Holdings turnoverN/A
Average for categoryN/A

Fees and expenses

ExpenseAOUAXCategory average
Annual report expense ratio (net)0.60%0.44%
Prospectus net expense ratio0.60%N/A
Prospectus gross expense ratio0.79%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A2.59%
Max deferred sales loadN/A1.21%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A