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Angel Oak UltraShort Income Fund (AOUIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US03463K8282

CUSIP

03463K828

Issuer

Angel Oak

Inception Date

Apr 2, 2018

Min. Investment

$500,000

Asset Class

Bond

Expense Ratio

AOUIX has an expense ratio of 0.53%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Angel Oak UltraShort Income Fund

Performance

Performance Chart


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S&P 500

Returns By Period

Angel Oak UltraShort Income Fund (AOUIX) returned 1.77% year-to-date (YTD) and 6.22% over the past 12 months.


AOUIX

YTD

1.77%

1M

-0.00%

6M

2.20%

1Y

6.22%

3Y*

4.63%

5Y*

3.19%

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of AOUIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.54%0.59%0.33%0.31%-0.00%1.77%
20240.74%0.61%0.64%0.22%0.84%0.53%0.77%0.67%0.65%0.16%0.55%0.42%7.01%
20231.18%0.31%0.46%0.45%0.26%0.58%0.61%0.61%0.50%0.30%0.81%0.73%7.01%
2022-0.09%-0.29%-0.77%-0.37%-0.26%-0.57%0.18%-0.11%-0.63%-0.51%-0.28%0.20%-3.47%
20210.33%0.01%0.12%0.11%0.01%0.11%0.11%0.10%0.00%0.00%0.01%0.07%0.98%
20200.44%0.42%-4.53%1.39%1.48%1.20%0.40%0.37%0.34%0.15%0.15%0.33%2.01%
20190.33%0.35%0.38%0.47%0.48%0.27%0.27%0.66%0.15%0.25%0.14%0.26%4.06%
20180.10%0.39%0.01%0.34%0.34%0.14%0.26%0.27%0.21%2.08%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 99, AOUIX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of AOUIX is 9999
Overall Rank
The Sharpe Ratio Rank of AOUIX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of AOUIX is 9999
Sortino Ratio Rank
The Omega Ratio Rank of AOUIX is 9999
Omega Ratio Rank
The Calmar Ratio Rank of AOUIX is 9999
Calmar Ratio Rank
The Martin Ratio Rank of AOUIX is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Angel Oak UltraShort Income Fund (AOUIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Angel Oak UltraShort Income Fund Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 3.79
  • 5-Year: 2.31
  • All Time: 1.52

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Angel Oak UltraShort Income Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Angel Oak UltraShort Income Fund provided a 5.31% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.10$0.20$0.30$0.40$0.502018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$0.52$0.52$0.43$0.20$0.14$0.23$0.31$0.22

Dividend yield

5.31%5.32%4.43%2.15%1.38%2.26%3.08%2.17%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.04$0.04$0.00$0.16
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.04$0.05$0.04$0.05$0.52
2023$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.43
2022$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.03$0.20
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.14
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.02$0.02$0.01$0.23
2019$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.31
2018$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.22

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Angel Oak UltraShort Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Angel Oak UltraShort Income Fund was 7.38%, occurring on Mar 24, 2020. Recovery took 120 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-7.38%Mar 5, 202014Mar 24, 2020120Sep 14, 2020134
-3.9%Jan 5, 2022227Nov 29, 2022166Jul 31, 2023393
-0.4%Apr 4, 20256Apr 11, 202512Apr 30, 202518
-0.21%Oct 17, 20231Oct 17, 20237Oct 26, 20238
-0.21%Jan 16, 20243Jan 18, 20249Jan 31, 202412
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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