Morningstar

Angel Oak UltraShort Income Fund Institutional Class AOUIX

Morningstar Medalist Rating
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Medalist Rating as of See Angel Oak Investment Hub
  • NAV / 1-Day Return $9.81  /  0.00
  • Fund Size $834.7M
  • Adjusted Expense Ratio 0.350%
  • Net Expense Ratio 0.350%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $500,000
  • Investment Status Open
  • TTM Yield 4.65%
  • Average Effective Duration 0.81 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis AOUIX

Will AOUIX 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 AOUIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AOUIX 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 AOUIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Angel Oak UltraShort Income Instl holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings AOUIX

More AOUIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

4.11 35M
—

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.2%

1.89 16M
Securitized

First American Government Obligs U

1.84 16M
Cash and Equivalents

BAIN CAPITAL CREDIT CLO LIMITED(KY 4.88%

1.23 10M
Securitized

Federal Home Loan Mortgage Corp. 3.85%

0.98 8M
Securitized

Federal Home Loan Mortgage Corp. 4.06%

0.92 8M
Securitized

PRET 2026-RN2 LLC 5.77%

0.78 7M
Securitized

BCRED MML CLO 2022-1 5.38%

0.78 7M
Securitized

Golub Capital Partners Short Duration 2022-1-R 5.81%

0.77 6M
Securitized

BLACKROCK DLF X 2025-C CLO LP 6.09%

0.75 6M
Securitized

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