Angel Oak Multi-Strategy Income C (ANGCX)
| Fund Assets | 2.69B |
| Expense Ratio | 2.39% |
| Min. Investment | $1,000 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.84% |
| Dividend Growth | -1.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 8.67 |
| YTD Return | 2.53% |
| 1-Year Return | 3.15% |
| 5-Year Return | 1.62% |
| 52-Week Low | 8.46 |
| 52-Week High | 8.70 |
| Beta (5Y) | n/a |
| Holdings | 1133 |
| Inception Date | Aug 4, 2015 |
About ANGCX
Angel Oak Multi-Strategy Income Fund Class C is an actively managed multisector bond mutual fund focused on generating current income through diversified exposure to structured credit and related fixed income assets. The fund invests across agency and non-agency residential and commercial mortgage-backed securities, collateralized loan obligations, asset-backed securities, and may include corporates and Treasuries to balance duration and liquidity. Its approach combines a top‑down allocation to relative value themes within structured credit with bottom‑up security selection to source varied cash flow profiles and credit characteristics. The portfolio can allocate to high-yield and unrated instruments and has flexibility across maturities and durations, aiming to capitalize on dislocations in mortgage and asset-backed markets. Managed by Angel Oak, the strategy seeks stable income with potential for price appreciation, distributing monthly. The Class C share class is part of a broader vehicle offering multiple share types, with this class featuring a higher ongoing expense profile relative to institutional classes. The fund plays a role in fixed income markets by channeling capital to housing finance, commercial real estate, and consumer and corporate credit through securitized structures.
Performance
ANGCX had a total return of 3.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.06%.
Top 10 Holdings
16.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 4.20% |
| Helios 2024-1 | n/a | 2.08% |
| First American Government Obligations Fund | FGUXX | 1.87% |
| Government National Mortgage Association | G2SF.5.5 7.11 | 1.65% |
| GS MORTGAGE-BACKED SECURITIES TRUST 2022-LTV1 3% | GSMBS.2022-LTV1 A14 | 1.36% |
| Goldman Sachs Mtg Pass Thru Tr 2022-1 4.24% | GSMPT.2022-1 PT | 1.35% |
| Saluda Grade Lsalt 2022-Seq2 0% | GRADE.2022-SEQ2 CERT | 1.18% |
| Federal National Mortgage Association | FNCL.6 7.11 | 1.17% |
| Federal National Mortgage Association | FNCL.5 7.11 | 0.97% |
| MARLETTE FUNDING TRUST 2023-2 7.92% | MFT.2023-2A D | 0.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.038 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03428 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03374 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03374 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03265 | Jun 30, 2025 |
| May 30, 2025 | $0.03398 | May 30, 2025 |