Angel Oak UltraShort Income ETF (UYLD)

• Market cap: $602M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

217% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 6

50% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]

29% more funds holding

Funds holding: 28 [Q1] → 36 (+8) [Q2]

15% more capital invested

Capital invested by funds: $352M [Q1] → $404M (+$51.7M) [Q2]

2.93% less ownership

Funds ownership: 93.45% [Q1] → 90.51% (-2.93%) [Q2]