- What are the top holdings of CARY?
- Angel Oak Income ETF holds 640 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does CARY have?
- CARY holds 640 positions as reported by the fund's most recent disclosure.
- What sectors does CARY invest in?
- Angel Oak Income ETF (CARY) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is CARY most exposed to?
- CARY's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is CARY a US-only fund?
- The country allocation card on this page shows CARY's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does CARY invest in?
- CARY provides broad exposure to USD-denominated debt securities of various credit quality and maturities. Investments include structured products, loans, corporate debt, US Treasury, and government agency securities. Structured products include CLOs and CDOs, which may comprise up to 25% of the portfolio. More than 25% are invested in mortgage-related instruments and up to 15% in illiquid investments. Issuers selected depend on the advisers view of best value relative to the market. Using fundamental research and analysis, the actively managed fund considers issuers believed as capable of improving their credit profile over time with attractive valuations. Among other criteria considered are maturity, yield and ratings, and price appreciation. Various factors evaluated include collateral quality, credit support, structure, and market conditions. The adviser also targets undervalued assets with relatively low volatility. The fund may also invest in mutual funds, ETFs, or BDCs.
