Angel Oak Multi-Strategy Income Fund

U.S. News evaluated 82 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Angel Oak Capital Advisors, LLC funds

See full Multisector Bond rankings

See more fund rankings

Performance

The fund has returned 3.50 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 1.9%
1 Year 3.5%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more ANGLX performance

Summary

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.

Fees

Fees are Average compared to funds in the same category.
Angel Oak Multi-Strategy Income Fund has an expense ratio of 1.26 percent.

See more ANGLX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more ANGLX risk