Angel Oak Ultrashort Fund Quote
| AOUIX Fund | USD 9.76 0.01 0.10% |
Performance19 of 100
| Odds Of DistressLess than 16
|
Angel Oak is trading at 9.76 as of the 25th of April 2024; that is 0.10 percent increase since the beginning of the trading day. The fund's open price was 9.75. Angel Oak has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Angel Oak Ultrashort are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund invests primarily in agency and non-agency residential mortgage-backed securities , asset-backed securities ,. It may invest, without limitation, in securities of any maturity and duration, but, under normal circumstances, the fund will have a dollar-weighted average maturity of less than two years and a dollar-weighted average duration of less than one year.. More on Angel Oak Ultrashort
Moving together with Angel Mutual Fund
| 0.82 | ANGCX | Angel Oak Multi | PairCorr |
| 1.0 | AOUNX | Angel Oak Ultrashort | PairCorr |
| 0.96 | PTSPX | Pimco Short Term | PairCorr |
| 0.96 | PTSHX | Short Term Fund | PairCorr |
| 0.96 | PSFAX | Short Term Fund | 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, Ultrashort Bond Funds, Ultrashort 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 Ultrashort [AOUIX] is traded in USA and was established 25th of April 2024. Angel Oak is listed under Angel Oak category by Fama And French industry classification. The fund is listed under Ultrashort Bond category and is part of Angel Oak family. This fund presently has accumulated 585.1 M in assets under management (AUM) with minimum initial investment of 500 K. Angel Oak Ultrashort is currently producing year-to-date (YTD) return of 2.04% with the current yeild of 0.0%, while the total return for the last 3 years was 1.92%.
Check Angel Oak Probability Of Bankruptcy
Instrument Allocation
Top Angel Oak Ultrashort Mutual Fund Constituents
| 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 15.58%. The Angel Oak Ultrashort 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 0.0259. 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 Ultrashort will be expected to be much smaller as well. Additionally, angel Oak Ultrashort has an alpha of 0.0177, implying that it can generate a 0.0177 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Angel Oak to move above the current price in 90 days from now is about 15.58 (This Angel Oak Ultrashort probability density function shows the probability of Angel Mutual Fund to fall within a particular range of prices over 90 days) .
Angel Oak Top Holders
| ANGLX | Angel Oak Multi Strategy | Mutual Fund | Multisector Bond |
| ANGIX | Angel Oak Multi Strategy | Mutual Fund | Multisector Bond |
| ANGCX | Angel Oak Multi Strategy | Mutual Fund | Multisector Bond |
Angel Oak Ultrashort 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 | 0.0701 | |||
| Standard Deviation | 0.1188 | |||
| Variance | 0.0141 | |||
| Downside Variance | 0.0176 |
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 Ultrashort at a given time. Please also check how Angel Oak's historical prices are related to one of the top price index indicators.
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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 Ultrashort 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 Ultrashort 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 Ultrashort, 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 Ultrashort?
The danger of trading Angel Oak Ultrashort 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 Ultrashort 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 Ultrashort. 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 gross domestic product. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.