ANGCX

About ANGCX

Angel Oak Multi-Strategy Income Fund Class C is an actively managed multisector bond mutual fund focused on generating current income through diversified exposure to structured credit and related fixed income assets. The fund invests across agency and non-agency residential and commercial mortgage-backed securities, collateralized loan obligations, asset-backed securities, and may include corporates and Treasuries to balance duration and liquidity. Its approach combines a top‑down allocation to relative value themes within structured credit with bottom‑up security selection to source varied cash flow profiles and credit characteristics. The portfolio can allocate to high-yield and unrated instruments and has flexibility across maturities and durations, aiming to capitalize on dislocations in mortgage and asset-backed markets. Managed by Angel Oak, the strategy seeks stable income with potential for price appreciation, distributing monthly. The Class C share class is part of a broader vehicle offering multiple share types, with this class featuring a higher ongoing expense profile relative to institutional classes. The fund plays a role in fixed income markets by channeling capital to housing finance, commercial real estate, and consumer and corporate credit through securitized structures.