Angel Oak Ultrashort Fund Quote

Mutual Funds . USA . 
Fund . Angel Oak Ultrashort
AOUAX Fund  USD 9.86  0.03  0.31%   
The fund invests primarily in agency and non-agency residential mortgage-backed securities , asset-backed securities ,. It may invest, without limitation, in securities of any maturity and duration, but, under normal circumstances, the fund will have a dollar-weighted average maturity of less than two years and a dollar-weighted average duration of less than one year. Downside deviation of 0.11% indicates contained downside behavior. With a beta of 0.03, ANGEL OAK shows lower sensitivity to broader market movements. It is managed by Angel Oak.
Performance
0High
10 · Moderate
NAV Risk Level
HighLow
19 · Below Average
Angel Oak Ultrashort (AOUAX) currently is priced at $9.86 as of May 11, 2026, representing 0.31% up on the day after opening at $9.83. ANGEL OAK currently exhibits 19% estimated likelihood of significant NAV decline over the forecast period. Over the prior 90 trading days, ANGEL OAK has demonstrated strong risk-adjusted performance, in line with its moderate performance profile. The performance scores are based on the time frame from February 10, 2026 to May 11, 2026. Learn more.
 Total Asset
29.82 million
 Net Asset
797.62 million
 Asset Type
Mutual Fund
 Fund Category
Ultrashort Bond
Related Symbols
  0.97AOUIX Angel Oak UltrashortPairCorr
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  0.97PTSHX Short Term Fund InstitutionalPairCorr
  0.95PSFAX Short Term Fund AdministrativePairCorr
Angel Oak Ultrashort [AOUAX] is traded in USA. The fund is listed under the Ultrashort Bond category and is part of the Angel Oak family. This fund presently has accumulated $797.62 million in assets under management (AUM) with no minimum investment requirements. Angel Oak Ultrashort is currently producing a year-to-date (YTD) return of 1.24%, while the total return for the last 3 years is 5.84%. ANGEL OAK is an operator in the angel oak segment where revenue is driven by core operating activity and end-market demand. AOUAX has a beta of 0.0253. As returns on the market increase, ANGEL OAK's returns tend to increase less than the market. However, during a bear market, the loss from holding ANGEL OAK tends to be smaller as well.

Instrument Allocation

Mutual Fund Notable Updates

Legal NameANGEL OAK ULTRASHORT INCOME FUND CLASS A
Fund ConcentrationAngel Oak Funds, Large Funds, Ultrashort Bond Funds, Ultrashort Bond, Angel Oak, (View all Sectors)

ANGEL OAK ULTRASHORT INCOME FUND CLASS A NAV Analysis

Above Model Estimate
Today
9.86
For Angel Oak Ultrashort, valuation is derived from the weighted behavior of its portfolio constituents over a 3 months horizon. Divergence between price and model value may reflect tracking error, flows, or rebalancing effects.
8.98
Downside
9.06
Intrinsic Value
10.85
Upside
Current intrinsic value estimate framed by downside and upside probability thresholds.
Target Odds

Common Risk Profiles

Mean Deviation0.0434
Standard Deviation0.0849
Variance0.0072
Downside Variance0.0121

Angel Oak Ultrashort Against Markets

AOUAX  0.31   
0%
100.0%
NYA  0.30   
96.0%
0%
 Competition   Compare Correlations

Top Angel Oak Ultrashort Mutual Fund Constituents

FGUXXFirst American FundsMoney Market Fund

Predictive Daily Indicators

Monitoring ANGEL OAK's daily metrics gives shareholders faster feedback on whether the fund's holdings are trending or reversing. Rate of change and momentum readings help identify when buying or selling pressure across the fund's holdings is accelerating.
Rate Of Daily Change1.0
Day Median Price9.86
Day Typical Price9.86
Price Action Indicator0.015
Period Momentum Indicator0.03
Relative Strength Index71.96

Forecast Models

NAV projections for Angel Oak Ultrashort within Ultrashort Bond rely on smoothing, regression, and moving-average techniques applied to historical prices. With a one-year return of 4.8%, these models describe observed NAV patterns. Current fund positioning must match historical conditions.
Naive Prediction
Simple Exponential Smoothing
Double Exponential Smoothing
Triple Exponential Smoothing
Simple Regression
Polynomial Regression
Simple Moving Average
4 Period Moving Average
8 Period Moving Average
20 Period Moving Average

Mutual Fund Overview, Methodology & Data Sources

The fund overview for ANGEL OAK summarizes mandate, holdings profile, and risk characteristics. The fund has exposure to Angel Oak Funds, Large Funds, Ultrashort Bond Funds. The current allocation is approximately 3.0% bonds and 30.0% cash. It is classified under Ultrashort Bond within the Angel Oak family.

Methodology

Unless otherwise specified, data for Angel Oak Ultrashort is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Angel Oak Ultrashort market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. Assumptions: We reference public fund disclosures, holdings reports, and market data feeds and regulatory disclosures, including those published by U.S. Securities and Exchange Commission (SEC) via EDGAR. Data may be normalized and delayed in some cases. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Research Sources

Angel Oak Ultrashort may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and conditions page.