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

2 slides from Angel Oak High Yield Opportunities ETF's fact sheet, Dec 31, 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 1.13 8.83% delivered
Slide 2: Net Total Returns (As of 12/31/24)
Angel Oak Capital Advisors December 31, 2024 Gross Exp. Net Exp. Net Total Returns (As of 12/31/24) 4Q24 YTD 1 Year 3 Year 5 Year Inception1 Ratio* Ratio* Class I 0.40% 11.01% 11.01% 6.35% 6.97% 6.73% 2.14% 2.14% BBg U.S. Corporate High Yield Index 0.17% 8.19% 8.19% 2.92% 4.21% 4.68% - - BBg U.S. Ag