Discover Stable Returns and High Income with CARY
Overview of the Angel Oak Income ETF
The Angel Oak Income ETF (CARY) is an actively managed multisector bond fund that commenced operations on November 7, 2022. It targets a trailing 12-month yield of 5.97% and a 30-day SEC yield. The fund's primary objective is to offer attractive income while managing risk effectively.
Performance and Risk Management Strategies
CARY has consistently demonstrated strong risk-adjusted returns, surpassing its benchmark, BND, and other significant competitors. This performance is attributed to its active management approach, which allows for dynamic adjustments to market conditions. The fund maintains a balanced risk profile by allocating 56.7% of its assets to investment-grade bonds and managing an effective duration of approximately four years, thereby mitigating both interest rate and credit risks.