Angel Oak Multi Strategy Fund Quote
| ANGLX Fund | USD 8.42 0.01 0.12% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Angel Oak is trading at 8.42 as of the 19th of April 2024; that is -0.12 percent down since the beginning of the trading day. The fund's open price was 8.43. Angel Oak has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Angel Oak Multi Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests primarily in agency and non-agency residential mortgage-backed securities , commercial mortgage-backed securities , collateralized loan obligations , collateralized debt obligations , collateralized mortgage obligations , collateralized bond obligations , asset-backed securities . More on Angel Oak Multi Strategy
Moving together with Angel Mutual Fund
| 0.99 | ANGCX | Angel Oak Multi | PairCorr |
| 0.89 | ANFLX | Angel Oak Flexible | PairCorr |
| 0.89 | ANFIX | Angel Oak Flexible | PairCorr |
| 1.0 | ANGIX | Angel Oak Multi | PairCorr |
| 0.67 | DSL | Doubleline Me Solutions | PairCorr |
| 0.86 | AOUNX | Angel Oak Ultrashort | PairCorr |
Angel Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Angel Oak's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Angel Oak or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Angel Oak Funds, Large Funds, Multisector Bond Funds, Multisector Bond, Angel Oak (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 29th of September 2022 |
| Fiscal Year End | January |
Angel Oak Multi Strategy [ANGLX] is traded in USA and was established 19th of April 2024. Angel Oak is listed under Angel Oak category by Fama And French industry classification. The fund is listed under Multisector Bond category and is part of Angel Oak family. This fund presently has accumulated 2.79 B in assets under management (AUM) with minimum initial investment of 1 K. Angel Oak Multi is currently producing year-to-date (YTD) return of 1.1% with the current yeild of 0.06%, while the total return for the last 3 years was -1.64%.
Check Angel Oak Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Angel Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Angel Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Angel Oak Multi Strategy Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Angel Oak Multi Strategy Mutual Fund Constituents
| ANFIX | Angel Oak Flexible | Mutual Fund | Short-Term Bond |
| ANHIX | Angel Oak High | Mutual Fund | High Yield Bond |
| AOUIX | Angel Oak Ultrashort | Mutual Fund | Ultrashort Bond |
| FGUXX | First American Funds | Money Market Fund | US Money Market Fund |
Angel Oak Target Price Odds Analysis
Based on a normal probability distribution, the odds of Angel Oak jumping above the current price in 90 days from now is about 50.0%. The Angel Oak Multi Strategy probability density function shows the probability of Angel Oak mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Angel Oak has a beta of 0.1107. This suggests as returns on the market go up, Angel Oak average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Angel Oak Multi Strategy will be expected to be much smaller as well. Additionally, angel Oak Multi Strategy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Angel Oak to move above the current price in 90 days from now is about 50.0 (This Angel Oak Multi Strategy probability density function shows the probability of Angel Mutual Fund to fall within a particular range of prices over 90 days) .
Angel Oak Multi Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Angel Oak market risk premium is the additional return an investor will receive from holding Angel Oak long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Angel Oak. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Angel Oak's alpha and beta are two of the key measurements used to evaluate Angel Oak's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1874 | |||
| Semi Deviation | 0.2024 | |||
| Standard Deviation | 0.2689 | |||
| Variance | 0.0723 |
Angel Oak Against Markets
Picking the right benchmark for Angel Oak mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Angel Oak mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Angel Oak is critical whether you are bullish or bearish towards Angel Oak Multi Strategy at a given time. Please also check how Angel Oak's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Angel Oak without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
How to buy Angel Mutual Fund?
Before investing in Angel Oak, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Angel Oak. To buy Angel Oak fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Angel Oak. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Angel Oak fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Angel Oak Multi Strategy fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Angel Oak Multi Strategy fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Angel Oak Multi Strategy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Angel Oak Multi Strategy?
The danger of trading Angel Oak Multi Strategy is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Angel Oak is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Angel Oak. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Angel Oak Multi is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel Oak Multi Strategy. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.