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

2 slides from Angel Oak High Yield Opportunities ETF's fact sheet, Mar 31, 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 1.16 Sharpe Ratio Since inception, ASCIX has 9.97% delivered
Slide 2: Net Total Returns (as of 3/31/26)
Angel Oak Capital Advisors March 31, 2026 Annualized Gross Exp. Net Exp. Net Total Returns (as of 3/31/26) 1Q26 YTD 1 Year 3 Year 5 Year Inception1 Ratio* Ratio* Class I 1.08% 1.08% 6.45% 9.19% 7.97% 6.81% 1.90% 1.90% BBg U.S. Corporate High Yield Index -0.50% -0.50% 7.01% 8.60% 4.23% 4.94% - - BBg