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Angel Oak Capital Advisors' UltraShort Income Fund Celebrates Stellar First-Year Performance:(AOUIX)

TedTed
in The Bullpen
FYI: Angel Oak Capital Advisors, LLC (Angel Oak), is pleased to announce that the Angel Oak UltraShort Income Fund (AOUIX) celebrated its one-year anniversary on April 2, 2019. As of April 30, its one-year total return of 3.53%, versus 2.50% for the Morningstar Ultrashort Bond Fund category, places it in the top 1% of 196 funds in that category based on total return. The Fund’s benchmark, the Bloomberg Barclays 9-12 Month U.S. Treasury Bill Index, returned 2.54% over the same time period. Since the Fund’s April 2, 2018, inception through April 30, 2019, it has delivered an impressive annualized return of 3.56% compared to 2.42% for its benchmark.
Regards,
Ted
https://www.businesswire.com/news/home/20190509005819/en

M* Snapshot AOUIX:
https://www.morningstar.com/funds/XNAS/AOUIX/quote.html
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