Angel Oak Multi-Strategy Income Instl

The investment seeks current income.
The fund invests primarily in asset-backed fixed income securities, including securities backed by assets such as credit card receivables, student loans, automobile loans and residential and commercial real estate. It may allocate its assets so as to focus on particular types of asset-backed fixed income securities. The fund may invest, without limitation, in corporate debt securities of any quality and maturity, including junk bonds, and securities that are not rated by any rating agencies.

Key stats

Management firm  Angel Oak
Domicile  United States
Fund Administrator  Huntington Asset Services, Inc.
12 month yield  5.31%
Fund currency  USD
Launch Date  2012-08-16
ISIN  US92046L7597
SEDOL  BMJJWC7
Manager 1 Name  Brad Friedlander
Manager 2 Name  Ashish Negandhi
Fund Strategy  Multisector Bond
Benchmark  Barclays US Agg Bond TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  0.18%
Return - 2 Months  0.14 %
Return - 3 Months  0.99%
Return - 6 Months  2.82 %
Return - 9 months  5.21 %
Return - 12 Months  7.62%
Annualized return 24 months  5.83 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  7.13%
Return YTD  5.21%

Ratings

Morning Star Rating Date   2014-09-30
Morning Star Rating - 36 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating

Charges

Initial  0.00 %
Minimum Investment  $1,000,000
Maximum Managment Charge  1.50 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Angel Oak Funds
Contact Address 2  One Buckhead Plaza, 3060 Peachtree Rd. NW, Suite 500
Contact Address 3  Atlanta, GE 30305
Contact city  Atlanta
Contact country  United States
Fund Admin Group  Angel Oak
Web Address  www.angeloakmutualfunds.com
Custodian  Huntington National Bank
Phone  404-953-4900

Price

Last Price Date  2014-10-29
Pre-tax nav  12.12
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

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