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Angel Oak High Yield Opportunities Fund (ANHIX)

Mutual Fund · Currency in USD · Last updated Apr 1, 2023

In pursuing its objective, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in below investment grade bonds of corporate issuers. These "high yield" securities (also known as "junk bonds") will generally be rated BB or lower by Standard & Poor's Rating Group ("S&P") or will be of equivalent quality rating from another Nationally Recognized Statistical Ratings Organization.

Share Price Chart

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The chart shows the growth of $10,000 invested in Angel Oak High Yield Opportunities Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,542 for a total return of roughly 55.42%. All prices are adjusted for splits and dividends.

ANHIX (Angel Oak High Yield Opportunities Fund)
Benchmark (^GSPC)

S&P 500

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Angel Oak High Yield Opportunities Fund had a return of 2.85% year-to-date (YTD) and -1.68% in the last 12 months. Over the past 10 years, Angel Oak High Yield Opportunities Fund had an annualized return of 2.26%, while the S&P 500 had an annualized return of 10.16%, indicating that Angel Oak High Yield Opportunities Fund did not perform as well as the benchmark.

1 month0.48%3.51%
6 months7.51%12.88%
1 year-1.68%-10.71%
5 years (annualized)3.46%9.25%
10 years (annualized)2.26%10.16%

Monthly Returns Heatmap


Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Angel Oak High Yield Opportunities Fund Sharpe ratio is -0.26. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

ANHIX (Angel Oak High Yield Opportunities Fund)
Benchmark (^GSPC)

Dividend History

Angel Oak High Yield Opportunities Fund granted a 7.16% dividend yield in the last twelve months. The annual payout for that period amounted to $0.75 per share.


Dividend yield


Monthly Dividends

The table displays the monthly dividend distributions for Angel Oak High Yield Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

ANHIX (Angel Oak High Yield Opportunities Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Angel Oak High Yield Opportunities Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Angel Oak High Yield Opportunities Fund is 20.58%, recorded on Feb 11, 2016. It took 327 trading sessions for the portfolio to recover.



To Bottom


To Recover



-20.58%May 10, 2013695Feb 11, 2016327May 31, 20171022
-20.26%Feb 20, 202024Mar 24, 2020158Nov 5, 2020182
-11.68%Nov 8, 2010229Oct 4, 2011298Dec 12, 2012527
-11.56%Jan 4, 2022186Sep 29, 2022
-5.22%Oct 3, 201858Dec 26, 201835Feb 15, 201993
-5.05%Apr 28, 201031Jun 10, 201040Aug 6, 201071
-3.44%Jan 19, 201019Feb 12, 201029Mar 26, 201048
-2.22%Dec 21, 20126Dec 31, 201280Apr 26, 201386
-1.94%Nov 10, 202112Nov 26, 202124Dec 31, 202136
-1.84%Feb 1, 201810Feb 14, 2018115Jul 31, 2018125

Volatility Chart

Current Angel Oak High Yield Opportunities Fund volatility is 3.95%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

ANHIX (Angel Oak High Yield Opportunities Fund)
Benchmark (^GSPC)