Angel Oak Total Return ETF Trust (TRBF)

Overview

The company operates an actively managed exchange-traded fund (ETF) that focuses on fixed-income investments and structured credit. Its primary objective is to generate total returns through strategic investments concentrated in mortgage-related securities. These include residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), both agency and non-agency mortgage-backed securities, corporate debt instruments, asset-backed securities (ABS), loans, collateralized loan obligations (CLOs), and various related structured products. With a meticulous approach to managing the ETF, the company aims to navigate the complexities of the fixed-income market while capitalizing on emerging opportunities to enhance investor returns.

Products and Services

• Mortgage-Related Securities (RMBS, CMBS)

  Investments in residential and commercial mortgage-backed securities aim to leverage the cash flows generated by mortgage payments, providing an attractive yield while diversifying risk across different real estate assets.

• Agency and Non-Agency MBS

  Agency mortgage-backed securities are backed by government-sponsored entities, offering lower risk, whereas non-agency MBS are derived from other financial institutions, potentially yielding higher returns but with associated risk considerations.

• Corporate Debt

  This includes bonds issued by corporations that can offer higher yields compared to government securities, providing potential for both income and capital appreciation through credit selection.

• Asset-Backed Securities (ABS)

  ABS are financial securities backed by a pool of assets such as loans, leases, credit card debt, or other receivables. Investing in ABS allows for exposure to various asset classes and can enhance portfolio diversification.

• Loans

  Direct investments in loans provide opportunities for income generation and can include various types of lending products, offering a different risk-return profile compared to traditional fixed-income assets.

• Collateralized Loan Obligations (CLOs)

  CLOs are structured credit products that pool together loans, typically corporate loans, and are then sliced into different tranches that provide varying risk and return profiles. This investment aims at maintaining credit quality while enhancing yield.

• Structured Products

  These are pre-packaged investment strategies based on a single security, a group of securities, or an index. Structured products can offer customized risk-return profiles tailored to specific market views.