Angel Oak High Yield Opportunities ETF — Angel Oak Strategic Credit Fund — Fact Sheet (September 2024)

2 slides from Angel Oak High Yield Opportunities ETF's fact sheet, Sep 30, 2024

Slide 1: Angel Oak Strategic Credit Fund (ASCIX)
Angel Oak Strategic Credit Fund (ASCIX) 6+ 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 1.19 Sharpe Ratio 8.12% Since inception, ASCIX has delivered
Slide 2: Net Total Returns (As of 9/30/24)
Angel Oak Capital Advisors September 30, 2024 Gross Exp. Net Exp. Net Total Returns (As of 9/30/24) 3Q24 YTD 1 Year 3 Year 5 Year Inception1 Ratio* Ratio* Class I 3.93% 10.56% 13.62% 8.08% 7.22% 6.93% 2.14% 2.14% BBg U.S. Corporate High Yield Index 5.28% 8.00% 15.74% 3.10% 4.72% 4.83% - - BBg U.S. A