ANGIX Performance — Angel Oak Multi-Strategy Income Fund, Institutional Class
Data updated: 2026-09-28
ANGIX returned +2.43% year to date and +6.03% over one year to Jul 2026. Annualised returns are +7.02% over 3 years and +1.99% over 5 years. The fund beat its Intermediate Securitized Bond category average: $100 invested three years ago grew to $123, against $115 for the category, and to $106 over one year, against $104. Volatility over the past three years was 2.64% a year. In the 12 months to Jul 2026 the fund lost a net $214.0M, and assets reached $2.50B.
ANGIX 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 | ANGIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $123 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $110 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $114 | $111 |
ANGIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.43% |
| 1 year | +6.03% |
| 3 years (annualised) | +7.02% |
| 5 years (annualised) | +1.99% |
ANGIX 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) | +2.43% |
| 2025 | +7.69% |
| 2024 | +7.76% |
| 2023 | +5.34% |
| 2022 | −12.43% |
| 2021 | +4.21% |
| 2020 | −1.78% |
| 2019 (Aug–Dec) | +1.49% |
ANGIX 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 | +0.6% | +1.1% | −0.7% | +0.6% | +0.3% | +0.7% | −0.2% | — | — | — | — | — |
| 2025 | +0.5% | +1.5% | +0.4% | +0.2% | −0.1% | +1.3% | +0.2% | +1.1% | +0.8% | +0.7% | +0.6% | +0.3% |
| 2024 | +0.6% | 0.0% | +1.2% | −0.9% | +1.6% | +1.3% | +1.7% | +1.6% | +1.1% | −1.1% | +0.6% | −0.1% |
| 2023 | +1.3% | −0.7% | +0.6% | +0.4% | −0.7% | +0.1% | +1.0% | +0.8% | −0.6% | −0.4% | +1.7% | +1.6% |
| 2022 | −0.3% | −0.6% | −1.9% | −0.9% | −0.5% | −2.2% | +0.1% | −0.9% | −3.0% | −2.4% | +0.1% | −0.5% |
| 2021 | +1.0% | +0.1% | +0.2% | +0.7% | +0.5% | +0.4% | +0.7% | +0.2% | +0.1% | +0.2% | 0.0% | +0.1% |
| 2020 | +0.8% | +0.4% | −13.7% | +4.3% | +1.4% | +1.3% | +1.0% | +0.6% | +1.0% | +0.5% | +0.9% | +0.8% |
| 2019 | — | — | — | — | — | — | — | +0.8% | −0.2% | +0.5% | +0.4% | 0.0% |
ANGIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 2.64%
- 3-year Sharpe ratio: 0.95 (vs 4.5% risk-free rate)
- Best month: +1.71% (Nov 2023)
- Worst month: −1.10% (Oct 2024)
ANGIX 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 |
ANGIX 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.