Angel Oak High Yield Opportunities ETF — Angel Oak Strategic Credit Fund — Fact Sheet (June 2026)

2 slides from Angel Oak High Yield Opportunities ETF's fact sheet, Jun 30, 2026

Slide 1: Angel Oak Strategic Credit Fund (ASCIX)
Angel Oak Strategic Credit Fund (ASCIX) 8+ Years of Strong Outperformance, Attractive Risk Characteristics & High Income 1. Attractive Cumulative Return 2. Strong Risk-Adjusted Results 3. High Income* ↑ Strong Outperformance High Relative 1.18 Sharpe Ratio 9.98% Since inception, ASCIX has delivered
Slide 2: Net Total Returns (as of 6/30/26)
Angel Oak Capital Advisors June 30, 2026 Annualized Gross Exp. Net Exp. Net Total Returns (as of 6/30/26) 2Q26 YTD 1 Year 3 Year 5 Year Inception1 Ratio* Ratio* Class I 2.16% 3.26% 6.30% 9.53% 7.82% 6.87% 2.14% 2.14% BBg U.S. Corporate High Yield Index 2.47% 1.96% 5.91% 8.86% 4.17% 5.09% - - BBg U.S