Angel Oak Income ETF (CARY): ETF
ETF traded on XNAS under symbol CARY. Quoted in usd.
Angel Oak Income ETF
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.
Largest holdings
- Fannie Mae or Freddie Mac 6% 11/15/20414.69%
- Fannie Mae or Freddie Mac 3.5% 12/15/20404.16%
- US 5YR NOTE (CBT) Dec263.74%
- US 10YR NOTE (CBT)Dec261.74%
- First American Government Obligations Fund 02/01/20301.46%
- SPHY State Street SPDR Portfolio High Yield Bond Index ETF1.14%
- Freddie Mac Multifamily Structured Pass Through Certificates 4.3068% 11/25/20351.02%
- USHY iShares Broad USD High Yield Corporate Bond ETF0.95%
- Freddie Mac Multifamily Structured Pass Through Certificates 4.373% 09/25/20350.83%
- Freddie Mac Multifamily Structured Pass Through Certificates 4.3668% 08/25/20360.81%
30d
657.05K
60d
600.11K
90d
551.20K