Key stats
About Angel Oak Income ETF
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Inception date
Nov 7, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Angel Oak Capital Advisors LLC
Distributor
Quasar Distributors LLC
ISIN
US03463K7607
CARY provides broad exposure to USD-denominated debt securities of various credit quality and maturities. Investments include structured products, loans, corporate debt, US Treasury, and government agency securities. Structured products include CLOs and CDOs, which may comprise up to 25% of the portfolio. More than 25% are invested in mortgage-related instruments and up to 15% in illiquid investments. Issuers selected depend on the advisers view of best value relative to the market. Using fundamental research and analysis, the actively managed fund considers issuers believed as capable of improving their credit profile over time with attractive valuations. Among other criteria considered are maturity, yield and ratings, and price appreciation. Various factors evaluated include collateral quality, credit support, structure, and market conditions. The adviser also targets undervalued assets with relatively low volatility. The fund may also invest in mutual funds, ETFs, or BDCs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Corporate
Bonds, Cash & Other100.00%
Securitized80.86%
Corporate12.88%
Mutual fund5.41%
ETF1.38%
Rights & Warrants0.14%
Miscellaneous0.01%
Cash−0.67%
Stock breakdown by region
North America93.10%
Europe5.91%
Asia0.50%
Middle East0.49%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CARY invests in bonds. The fund's major sectors are Securitized, with 80.86% stocks, and Corporate, with 12.88% of the basket. The assets are mostly located in the N/A region.
CARY last dividends amounted to 0.10 USD. The month before, the issuer paid 0.13 USD in dividends, which shows a 24.06% decrease.
CARY assets under management is 723.77 M USD. It's risen 4.91% over the last month.
CARY fund flows account for 399.76 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CARY pays dividends to its holders with the dividend yield of 6.13%. The last dividend (Nov 3, 2025) amounted to 0.10 USD. The dividends are paid monthly.
CARY shares are issued by Angel Oak Cos. LP under the brand Angel Oak. The ETF was launched on Nov 7, 2022, and its management style is Active.
CARY expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
CARY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CARY invests in bonds.
CARY price has fallen by −0.21% over the last month, and its yearly performance shows a 1.10% increase. See more dynamics on CARY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.53% over the last month, showed a 1.87% increase in three-month performance and has increased by 7.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.53% over the last month, showed a 1.87% increase in three-month performance and has increased by 7.38% in a year.
CARY trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.