CARY

Angel Oak Income ETF

$20.86

+0.00%

Market closed. Last update: 2:14 AM ET

📎 Investment Objective

The Angel Oak Income ETF (CARY) seeks to provide current income.

Overview

ETF tracking Angel Oak Income ETF

Category Value

Issuer Other

Inception Date 2024-12-20

Market Cap $977.1M

Average Volume N/A

Dividend Yield 5.00%

52-Week Range $20.56 - $21.09

VWAP $20.87

Performance

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Investment Summary

📎 Investment Objective

The Angel Oak Income ETF (CARY) seeks to provide current income.

🎯 Investment Strategy

The fund invests primarily in a portfolio of fixed-income securities, including mortgage-backed securities, asset-backed securities, and corporate bonds. The fund's managers aim to generate income while managing risk through diversification and active security selection.

✨ Key Features

Focuses on generating current income through a diversified portfolio of fixed-income securities
Actively managed approach to security selection and risk management
Relatively low expense ratio of 0.00%
Limited performance history as the fund is new

⚠️ Primary Risks

Interest rate risk: The fund's holdings may decline in value if interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the fixed-income securities it holds
Liquidity risk: Some of the fund's holdings may be less liquid, which could impact the fund's ability to sell them at favorable prices
New fund risk: As a relatively new ETF, CARY has a limited performance track record

👤 Best For

The Angel Oak Income ETF may be suitable for investors seeking current income and a diversified fixed-income allocation, particularly those with a moderate risk tolerance. However, due to the fund's limited history, it may be more appropriate for investors with a longer-term investment horizon.