MBS

Angel Oak Mortgage-Backed Securities ETF

$8.77

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Angel Oak Mortgage-Backed Securities ETF (MBS) seeks to provide current income by investing primarily in mortgage-backed securities (MBS).

Overview

ETF tracking Angel Oak Mortgage-Backed Securities ETF

Category Real Estate

Issuer Other

Inception Date 2024-12-20

Market Cap $152.1M

Average Volume N/A

Dividend Yield 4.39%

52-Week Range $8.44 - $8.85

VWAP $8.78

Performance

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Investment Summary

📎 Investment Objective

The Angel Oak Mortgage-Backed Securities ETF (MBS) seeks to provide current income by investing primarily in mortgage-backed securities (MBS).

🎯 Investment Strategy

The fund invests at least 80% of its net assets in MBS, which are securities backed by a pool of mortgage loans. The portfolio manager aims to generate income by investing in a diversified portfolio of MBS, including agency and non-agency MBS.

✨ Key Features

Focuses on mortgage-backed securities as its primary investment
Aims to provide current income through exposure to the MBS market
Diversified portfolio of both agency and non-agency MBS
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of MBS may decline when interest rates rise
Credit risk: The risk of default or downgrade of the underlying mortgage loans
Prepayment risk: Homeowners may refinance or pay off their mortgages earlier than expected, affecting the fund's returns
Liquidity risk: The MBS market may experience periods of low liquidity, which could impact the fund's ability to sell holdings

👤 Best For

This ETF may be suitable for investors seeking current income and exposure to the mortgage-backed securities market as part of a diversified portfolio. Investors should be comfortable with the risks associated with MBS, including interest rate, credit, and prepayment risks.