Angel Oak Multi-Strategy Income Fund Class C (ANGCX)
| Fund Assets | 2.64B |
| Expense Ratio | 2.39% |
| Min. Investment | $1,000 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.74% |
| Dividend Growth | -7.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 8.67 |
| YTD Return | 0.12% |
| 1-Year Return | 7.51% |
| 5-Year Return | 6.42% |
| 52-Week Low | 8.07 |
| 52-Week High | 8.67 |
| Beta (5Y) | n/a |
| Holdings | 1084 |
| 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 7.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.30%.
Top 10 Holdings
11.48% of assets| Name | Symbol | Weight |
|---|---|---|
| HELIOS 2024-1 | n/a | 2.11% |
| Fannie Mae or Freddie Mac | FNCL.5 11.11 | 1.49% |
| Goldman Sachs Mortgage Pass-Through Trust 2022-1 | GSMPT.2022-1 PT | 1.45% |
| Saluda Grade Alternative Mortgage Trust 2022-SEQ2 | n/a | 1.35% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 1.10% |
| DSLA Mortgage Loan Trust 2007-AR1 | DSLA | 0.90% |
| Fannie Mae Pool | FN.MA5320 | 0.85% |
| FHLMC Multifamily Structured P - Freddie Mac Multifamily Structured Pass Through Certificates | FHMS.K-159 A2 | 0.76% |
| Fannie Mae Pool | FN.DC4050 | 0.75% |
| Marlette Funding Trust 2023-2 | n/a | 0.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.03732 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03587 | Nov 28, 2025 |
| 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 |