Angel Oak Strategic Credit Fund

Angel Oak Strategic Credit Fund (ASCIX) is a closed-end interval fund that aims to achieve total return by investing across structured and corporate credit, with a focus on identifying the best relative value opportunities within fixed income. The fund's investment strategy involves a top-down approach that considers interest rates, global economic expectations, and fixed income valuations. This is complemented by a team of sector specialists who research and recommend opportunities in their respective areas. ASCIX primarily invests in credit-related instruments, with an emphasis on residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS). The portfolio also includes allocations to other asset-backed securities (ABS), collateralized loan obligations (CLOs), and corporate debt. The fund's approach allows for opportunistic investments, particularly in less-liquid portions of the structured credit market, aiming for significant yield and total return. Angel Oak Strategic Credit Fund seeks to provide diversification and income-oriented exposure to structured products and financial sector debt, which may be underrepresented in traditional bond allocations. The fund has the flexibility to adjust duration and credit exposure and may utilize a broad toolkit for risk and return management. Sources: [1] https://angeloakcapital.com/investments/ascix/ [2] https://www.sec.gov/Archives/edgar/data/1716885/000119312522101268/d316381dncsr.htm [3] https://stockanalysis.com/quote/mutf/ASCIX/ [4] https://seekingalpha.com/symbol/ASCIX [5] https://www.businesswire.com/news/home/20240807854790/en/Angel-Oak-Strategic-Credit-Fund-Breaks-%24100M-Asset-Mark-as-Investors-Turn-to-Interval-Fund-Structure [6] https://angeloakcapital.com/fund-capabilities/