# Angel Oak Ultrashort Income ETF (UYLD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/uyld for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Angel Oak · Asset class: Fixed Income - Strategy: Thematic · Inception: 2022-10-24 This fund is designed to meet its investment objectives by typically allocating capital to debt instruments that result in a dollar-weighted average maturity of under two years and a dollar-weighted average duration of less than one year. It possesses the flexibility to commit as much as 25% of its net assets to Collateralized Loan Obligations (CLOs). Additionally, the fund may hold shares in other pooled investment products, including both closed-end and open-end funds, which could take the form of traditional mutual funds, Exchange-Traded Funds (ETFs), or Business Development Companies (B... ## Key Facts | Metric | Value | |---|---| | Price | $50.98 | | Expense Ratio | 0.56% | | Assets Under Management | $1.44B | | NAV | $50.95 | | Holdings Count | 501 | | Distribution Yield (TTM) | 4.60% | | Annual Distribution (TTM) | $2.34 /share | | Distribution Frequency | Monthly | | 52-Week Range | $50.69 – $51.40 | | Beta | 0.07 | ## Latest Distribution - Amount: $0.2304 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### What does UYLD invest in? This fund is designed to meet its investment objectives by typically allocating capital to debt instruments that result in a dollar-weighted average maturity of under two years and a dollar-weighted average duration of less than one year. It possesses the flexibility to commit as much as 25% of its net assets to Collateralized Loan Obligations (CLOs). Additionally, the fund may hold shares in other pooled investment products, including both closed-end and open-end funds, which could take the form of traditional mutual funds, Exchange-Traded Funds (ETFs), or Business Development Companies (BDCs). Investors should note that it is classified as a non-diversified fund. ### What is the expense ratio of UYLD? Angel Oak Ultrashort Income ETF (UYLD) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations. ### What is UYLD's dividend yield? UYLD's trailing-twelve-month yield is 4.60%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of UYLD? Effective duration measures UYLD's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. UYLD's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of UYLD? UYLD's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of UYLD? Yield to maturity (YTM) is the total return you'd earn from UYLD if every bond in the portfolio is held to maturity at the current price. UYLD's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does UYLD pay a dividend? Yes, Angel Oak Ultrashort Income ETF (UYLD) distributes dividends to shareholders. The trailing-twelve-month yield is 4.60%. Full dividend history is on this page. ### How often does UYLD pay dividends? Angel Oak Ultrashort Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is UYLD's next ex-dividend date? The most recently announced ex-dividend date for UYLD was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will UYLD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.56% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does UYLD charge its expense ratio? The expense ratio is deducted in tiny daily slices from UYLD's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does UYLD cost more than a fund like VOO? UYLD's strategy (current expense ratio 0.56%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where UYLD sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to UYLD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as UYLD (0.56%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/uyld - Distribution history: https://www.dividenddata.com/funds/uyld/dividend - Holdings & diversification: https://www.dividenddata.com/funds/uyld/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/uyld/expenses - Peer comparison: https://www.dividenddata.com/funds/uyld/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.