Morningstar

Angel Oak UltraShort Income Instl AOUIX

Morningstar Medalist Rating
Medalist Rating as of | See Angel Oak Investment Hub
  • NAV / 1-Day Return 9.87  /  +0.02 %
  • Total Assets 451.1 Mil
  • Adj. Expense Ratio
    0.350%
  • Expense Ratio 0.350%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 5.05%
  • Effective Duration 0.75 years

USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 12:44 AM GMT+0

Morningstar’s Analysis AOUIX

Will AOUIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AOUIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AOUIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AOUIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Angel Oak UltraShort Income Instl's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AOUIX

More AOUIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −4.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

13.85 62.6 Mil
—

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