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ATLANTA, December 04, 2024--(BUSINESS WIRE)--Angel Oak Capital Advisors (Angel Oak), a leading investment management firm focused on active fixed-income investing, announces that, effective on or about Dec. 20, the stock exchange listings for the Angel Oak High Yield Opportunities ETF (AOHY), Angel Oak Income ETF (CARY), Angel Oak Mortgage-Backed Securities ETF (MBS) and Angel Oak UltraShort Income ETF (UYLD) will be transferred to The Nasdaq Stock Market LLC (Nasdaq) from the New York Stock Exchange Arca Inc.
The board of trustees of the Angel Oak Funds Trust approved the transfer at a meeting on Dec. 4. Angel Oak expects the funds to begin trading as Nasdaq-listed funds on Dec. 20. Shares will continue to trade under the same tickers. Fund shareholders are not required to take any action, and the transfer is not expected to have any effect on the trading of the shares.
Now managing more than $1.5 billion in assets through its ETFs and sub-advisory services, Angel Oak offers a suite of ETFs to provide investors with unique options tailored to various risk-reward profiles.
For more information on Angel Oak’s ETFs and to view the latest performance data, click here.
About Angel Oak Capital Advisors, LLC
Angel Oak is an investment management firm focused on providing compelling fixed-income investment solutions to its clients. Backed by a value-driven approach, Angel Oak seeks to deliver attractive, risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed income, with a specialization in mortgage-backed securities and other areas of securitized credit. For more information, please visit www.angeloakcapital.com.
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| AOHY1 | CARY2 | MBS3 | UYLD4 |
| Gross Expense Ratio | 0.56% | 1.00% | 0.80% | 0.55% |
| Net Expense Ratio | 0.56% | 0.80% | 0.50% | 0.29% |
1Gross and net expense ratios are reported as of the 5/30/24 prospectus.
2Gross and net expense ratios are reported as of the 5/30/24 prospectus. The Adviser has contractually agreed to waive its fees to limit the Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement to 0.79% of the Fund’s average daily net assets through 5/31/25.
3Gross and net expense ratios are reported as of the 5/30/24 prospectus. The Adviser has contractually agreed to waive its fees to limit the Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement to 0.49% of the Fund’s average daily net assets through 9/30/25.
4Gross and net expense ratios are reported as of the 5/30/24 prospectus. The Adviser has contractually agreed to waive its fees to limit the Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement to 0.29% of the Fund’s average daily net assets through 5/31/25.