UYLDAngel Oak Ultrashort Income ETF

Get income3y track recordRanked #331 of 1,622 in this goal

Seeks to provide current income while seeking to minimize price volatility and maintain liquidity.

By Angel Oak · Launched 2022

Annual Cost

0.34%

#1,585 of 5,562 · low cost

Fund Size

$1.5B

#873 of 5,562 · large

Dividend YieldGoal

4.72%

Track Record

3 years

#2,823 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,470+4.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 13.8% of fund✓ well diversified

First American Government Obli

5.7%

Apidos CLO Ltd

1.0%

FHLMC Multifamily Structured P

1.0%

Vista Point Securitization Tru

1.0%

FHLMC Multifamily Structured P

1.0%

Bluemountain CLO Ltd

0.9%

Pagaya AI Debt Selection Trust

0.9%

OZLM Ltd

0.9%

ARES CLO Ltd

0.8%

KKR Financial CLO Ltd

0.7%

Asset allocation

Bonds

96.1%

Cash

3.8%

Other

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.5%Low

Year-on-year price swings

Max drawdown

-0.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

3.07Strong risk-adjusted returns

Sortino (3Y)

5.10Good downside protection

Bond profile

Duration

4.1 years

Avg maturity

10.0 years

Credit ratings

AAA

28.9%

31.4%

8.7%

BBB

22.0%

2.4%

0.1%

Other

6.5%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide current income while seeking to minimize price volatility and maintain liquidity.
Strategy: Invests primarily in agency and non-agency RMBS, ABS, corporate debt, and U.S. Treasury securities. Under normal circumstances, the Fund will have a dollar-weighted average maturity of less than two years and a dollar-weighted average duration of less than one year. The Fund may invest up to 50% of its net assets in non-agency RMBS and corporate debt, and at least 15% in ABS and 10% in U.S. Treasury securities.
Inception date: October 24, 2022
Fund family: Angel Oak