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Angel Oak Income ETF - CARY STOCK NEWS

Welcome to our dedicated page for Angel Oak Income ETF news (Ticker: CARY), a resource for investors and traders seeking the latest updates and insights on Angel Oak Income ETF stock.

Angel Oak Income ETF (symbol: CARY) is a specialized exchange-traded fund that focuses on generating income for its investors through diverse bond investments. Managed by Angel Oak Capital Advisors LLC, this ETF primarily invests in mortgage-backed securities (MBS) and other structured credit products, aiming to provide a steady income stream while maintaining relatively low risk.

With a team of experienced portfolio managers, Angel Oak Income ETF leverages extensive research and analysis to identify and invest in high-yield, high-quality bonds. Their investment strategy is designed to adapt to changing market conditions, ensuring optimal performance and stability.

Recent achievements include the successful launch of several initiatives to enhance portfolio diversification and mitigate risk. Notably, the fund has expanded its investment horizon by incorporating a wider range of structured credit products and collaborating with various financial institutions to access exclusive investment opportunities.

Current projects involve refining their investment models to better predict market trends and respond to economic shifts, ensuring that the ETF remains a reliable source of income for its investors. Financially stable, Angel Oak Income ETF maintains a conservative approach to leverage, ensuring that the fund's expenses and liabilities are well-managed.

Partnerships with leading financial analysts and institutions have bolstered the fund's research capabilities, providing deeper insights into market dynamics and future trends. Products offered by the ETF include various classes of shares, tailored to meet the investment goals and risk tolerance of different types of investors.

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Angel Oak Capital Advisors LLC announced that its Angel Oak Income ETF (NYSE: CARY) has crossed $100 million in assets under management, with the firm having more than $220 million in assets across CARY and UYLD. The ETF has delivered an annualized 9.70% since its inception in November 2022, serving as an income solution for advisers and institutions seeking access to non-agency residential mortgage-backed securities and other structured credit assets. The firm plans to continue delivering new and innovative funds in 2024, expecting unique opportunities in structured credit.
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Angel Oak Capital Advisors, LLC (Ticker: AOCA) announces organizational changes, with Namit Sinha being named CIO of Angel Oak Capital and Clayton Triick moving to Head of Portfolio Management of Public Strategies. The promotions will be effective March 31, 2024. Sinha has over 20 years of experience in fixed income products and will lead the firm's public and private investment strategies. Triick, with over 12 years at Angel Oak, will oversee the portfolio managers and analysts dedicated to the firm’s public strategies. The changes come in preparation for the planned departures of Sam Dunlap and Colin McBurnette in the second half of 2024.
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Angel Oak Capital Advisors announces that the Angel Oak UltraShort Income ETF has surpassed $100 million in assets under management within one year of its launch. The company's ETF platform has grown to approximately $300 million in assets under advisement across its two funds and sub-advisory services. The UYLD ETF offers investors a distinct yield profile through its investments in non-agency residential mortgage-backed securities and consumer-based asset-backed securities, with a duration below one year. The fund has delivered a 5.95% total return since its inception.
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Angel Oak Capital Advisors has launched the Angel Oak Income ETF (NYSE: CARY), its second actively managed exchange-traded fund, following the successful debut of the UltraShort Income ETF (NYSE: UYLD). This ETF primarily invests in U.S. structured credit, focusing on residential mortgage credit, aiming for significant yield with moderate duration. The management team has extensive experience in these securities, enhancing investor opportunities in a growing market for income-driven solutions.

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FAQ

What is the current stock price of Angel Oak Income ETF (CARY)?

The current stock price of Angel Oak Income ETF (CARY) is $20.765 as of July 24, 2024.

What is Angel Oak Income ETF's primary investment focus?

The ETF primarily invests in mortgage-backed securities (MBS) and other structured credit products.

Who manages Angel Oak Income ETF?

Angel Oak Income ETF is managed by Angel Oak Capital Advisors LLC.

What are the recent achievements of Angel Oak Income ETF?

Recent achievements include new initiatives for portfolio diversification and risk mitigation, along with expanding investment horizons.

What are the current projects of Angel Oak Income ETF?

Current projects involve refining investment models to better predict market trends and respond to economic shifts.

How does Angel Oak Income ETF ensure financial stability?

The ETF maintains a conservative approach to leverage, managing expenses and liabilities effectively.

What types of securities does Angel Oak Income ETF invest in?

The ETF invests in high-yield, high-quality bonds, mortgage-backed securities, and other structured credit products.

How does Angel Oak Income ETF adapt to changing market conditions?

The fund's strategy includes extensive research and analysis to adapt investments based on changing market conditions.

What kinds of products does Angel Oak Income ETF offer?

The ETF offers various classes of shares to meet different investment goals and risk tolerance levels.

Who are Angel Oak Income ETF's partners?

The ETF partners with leading financial analysts and institutions to enhance research capabilities and gain market insights.

What is the investment strategy of Angel Oak Income ETF?

The strategy focuses on identifying and investing in high-yield, high-quality bonds while adapting to market conditions for stability and performance.

Angel Oak Income ETF

NYSE:CARY

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CARY Stock Data

10.27M
United States of America