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

2 slides from Angel Oak High Yield Opportunities ETF's fact sheet, Mar 31, 2024

Slide 1: Angel Oak Strategic Credit Fund (ASCIX)
Angel Oak Strategic Credit Fund (ASCIX) 5+ 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 Sharpe Ratio Since inception, ASCIX has 7.94% 1.06 7.66% deli
Slide 2: Net Total Returns (As of 3/31/24)
Angel Oak Capital Advisors March 31, 2024 Gross Exp. Net Exp. Net Total Returns (As of 3/31/24) 1Q24 YTD 1 Year 3 Year 5 Year Inception1 Ratio* Ratio* Class I 3.27% 3.27% 10.97% 7.74% 6.50% 6.34% 2.31% 2.14% BBg U.S. Corp. High Yield Index 1.47% 1.47% 11.15% 2.19% 4.21% 4.18% - - BBg U.S. Agg. Bond