ANGCX Performance — Angel Oak Multi-Strategy Income Fund, Class C
Data updated: 2026-09-28
ANGCX returned +1.74% year to date and +4.92% over one year to Jul 2026. Annualised returns are +5.93% over 3 years and +0.96% over 5 years. The fund beat its Intermediate Securitized Bond category average: $100 invested three years ago grew to $119, against $115 for the category, and to $105 over one year, against $104. Volatility over the past three years was 2.66% a year. In the 12 months to Jul 2026 the fund lost a net $214.0M, and assets reached $2.50B.
ANGCX Growth of $100
What $100 invested in Angel Oak Multi-Strategy Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | ANGCX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $119 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $105 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $106 | $111 |
ANGCX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.74% |
| 1 year | +4.92% |
| 3 years (annualised) | +5.93% |
| 5 years (annualised) | +0.96% |
ANGCX Annual Returns
Calendar-year total returns of Angel Oak Multi-Strategy Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.74% |
| 2025 | +6.57% |
| 2024 | +6.75% |
| 2023 | +4.19% |
| 2022 | −13.21% |
| 2021 | +3.13% |
| 2020 | −2.65% |
| 2019 (Aug–Dec) | +1.08% |
ANGCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +1.1% | −0.9% | +0.5% | +0.2% | +0.7% | −0.4% | — | — | — | — | — |
| 2025 | +0.4% | +1.3% | +0.3% | +0.3% | −0.2% | +1.2% | 0.0% | +1.1% | +0.6% | +0.7% | +0.5% | +0.2% |
| 2024 | +0.5% | −0.1% | +1.1% | −1.0% | +1.5% | +1.3% | +1.5% | +1.6% | +0.9% | −1.1% | +0.5% | −0.2% |
| 2023 | +1.1% | −0.8% | +0.6% | +0.3% | −0.6% | −0.1% | +0.9% | +0.7% | −0.5% | −0.7% | +1.6% | +1.6% |
| 2022 | −0.4% | −0.7% | −1.9% | −1.0% | −0.6% | −2.4% | 0.0% | −0.9% | −3.1% | −2.5% | 0.0% | −0.5% |
| 2021 | +0.9% | +0.1% | +0.1% | +0.6% | +0.4% | +0.3% | +0.5% | +0.1% | 0.0% | +0.1% | 0.0% | −0.1% |
| 2020 | +0.7% | +0.3% | −13.7% | +4.3% | +1.4% | +1.2% | +0.9% | +0.5% | +0.9% | +0.4% | +0.9% | +0.8% |
| 2019 | — | — | — | — | — | — | — | +0.7% | −0.2% | +0.4% | +0.3% | 0.0% |
ANGCX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 2.66%
- 3-year Sharpe ratio: 0.54 (vs 4.5% risk-free rate)
- Best month: +1.64% (Nov 2023)
- Worst month: −1.07% (Oct 2024)
ANGCX Fund Flows
Monthly money in and out of Angel Oak Multi-Strategy Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$214.0M
- 12-month gross sales (incl. reinvestments): $852.4M
- Sales ÷ redemptions: 0.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $50.9M | $45.3M | $5.7M |
| Jun 2026 | $54.6M | $44.4M | $10.2M |
| May 2026 | $53.7M | $50.9M | $2.9M |
| Apr 2026 | $68.3M | $92.7M | −$24.4M |
| Mar 2026 | $77.8M | $196.6M | −$118.9M |
| Feb 2026 | $72.6M | $74.0M | −$1.4M |
| Jan 2026 | $146.7M | $153.0M | −$6.4M |
| Dec 2025 | $58.9M | $82.1M | −$23.2M |
| Nov 2025 | $67.2M | $69.9M | −$2.7M |
| Oct 2025 | $72.9M | $101.0M | −$28.1M |
| Sep 2025 | $55.6M | $76.2M | −$20.7M |
| Aug 2025 | $73.1M | $80.2M | −$7.1M |
ANGCX Assets Under Management
Net assets of Angel Oak Multi-Strategy Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.50B |
| 2026-04-30 | $2.49B |
| 2026-01-31 | $2.64B |
| 2025-10-31 | $2.67B |
| 2025-07-31 | $2.70B |
| 2025-04-30 | $2.74B |
| 2025-01-31 | $2.78B |
| 2024-10-31 | $2.85B |
| 2024-07-31 | $2.64B |
| 2024-04-30 | $2.55B |
| 2024-01-31 | $2.69B |
| 2023-10-31 | $2.63B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.