Angel Oak UltraShort Income Fund

The Angel Oak UltraShort Income Fund is a mutual fund designed to provide investors with a conservative option focused on current income while managing interest rate risk. This fund emphasizes maintaining a short-duration portfolio, which typically means lower sensitivity to interest rate fluctuations compared to longer-duration bond funds. The fund invests primarily in fixed income securities, including corporate bonds, mortgage-backed securities, commercial mortgage-backed securities, and asset-backed securities issued by U.S. entities. The Angel Oak UltraShort Income Fund caters to investors seeking a relatively stable option for generating income, often appealing to those who prioritize capital preservation with a modest yield over potentially higher returns from equities or riskier bonds. Its conservative investment strategy and short-duration focus make it a suitable vehicle for investors aiming to achieve a level of income while keeping volatility lower than that generally associated with the broader fixed income market. The fund's adept management and strategic asset allocation support its objective of providing regular income while managing risks associated with market interest rate changes.