Angel Oak Strategic Credit Fund (ASCIX)
| Fund Assets | n/a |
| Expense Ratio | 0.20% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.71 |
| Dividend Yield | 8.15% |
| Dividend Growth | -22.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 20.70 |
| YTD Return | 3.21% |
| 1-Year Return | 6.65% |
| 5-Year Return | 39.73% |
| 52-Week Low | 20.63 |
| 52-Week High | 21.46 |
| Beta (5Y) | n/a |
| Holdings | 152 |
| Inception Date | n/a |
About ASCIX
Angel Oak Strategic Credit Fund is an interval fund focused on diversified credit within fixed income. Its primary objective is to allocate capital across structured and corporate credit markets, seeking relative value among securitized assets and financial sector instruments. The portfolio emphasizes corporate and preferred securities—particularly in banks and diversified financials—alongside agency and non-agency residential mortgage-backed securities, commercial mortgage-backed securities, collateralized loan obligations, asset-backed securities, and residential loans and mortgages. The strategy employs a top-down process that incorporates views on interest rates, global economic conditions, and valuation across fixed income, complemented by sector-specialist research to identify security-level opportunities. Classified in the nontraditional bond category, the fund has flexibility to adjust duration and credit exposure over time and may use a broad toolkit to manage risk and return. In the market ecosystem, it serves as a specialized vehicle for accessing complex segments of credit that are often underrepresented in core bond allocations, providing a role in portfolio diversification and income-oriented exposure to structured products and financial sector debt.
Performance
ASCIX had a total return of 6.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.21%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.13977 | Jun 30, 2026 |
| May 29, 2026 | $0.14443 | May 29, 2026 |
| Apr 30, 2026 | $0.13946 | Apr 30, 2026 |
| Mar 31, 2026 | $0.14652 | Mar 31, 2026 |
| Feb 27, 2026 | $0.12928 | Feb 27, 2026 |
| Jan 30, 2026 | $0.130 | Jan 30, 2026 |