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

2 slides from Angel Oak High Yield Opportunities ETF's fact sheet, Jun 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 Sharpe Ratio Since inception, ASCIX has 1.10 8.77% delivered
Slide 2: Net Total Returns (As of 6/30/24)
Angel Oak Capital Advisors June 30, 2024 Gross Exp. Net Exp. Net Total Returns (As of 6/30/24) 2Q24 YTD 1 Year 3 Year 5 Year Inception1 Ratio* Ratio* Class I 3.01% 6.38% 12.93% 7.79% 6.73% 6.57% 2.14% 2.14% BBg U.S. Corp. High Yield Index 1.09% 2.58% 10.44% 1.64% 3.92% 4.19% - - BBg U.S. Agg. Bond I