Key stats
About Angel Oak Mortgage-Backed Securities ETF
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Inception date
Feb 20, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Angel Oak Capital Advisors LLC
Distributor
Quasar Distributors LLC
MBS targets US mortgage-backed securities, aiming to optimize returns and manage risks by investing based on prevailing market conditions and perceived value. It holds RMBS, CMBS, CDOs, and CMOs of any quality. This would include those rated as high yield, capped at 30%. In addition, it may invest in ABS, US government securities, derivatives, foreign debts, BDCs, ETFs, and corporate debts. The fund identifies issuers with potential credit profile improvement and attractive valuations based on various factors such as collateral quality, credit support, structure, market conditions, maturity, yield, ratings, and price appreciation potential. The fund diversifies risks across position sizes, geography, ratings, duration, deal structure, ESG factors, and collateral values while targeting undervalued assets. Holdings vary in maturity, aiming for a dollar-weighted average of 2-15 years. On Feb. 20, 2024, MBS converted into an actively managed ETF, starting with $30.6 million in net assets.
Related funds
Classification
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized114.46%
Mutual fund1.48%
Cash−15.94%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MBS trades at 8.66 USD today, its price has risen 0.05% in the past 24 hours. Track more dynamics on MBS price chart.
MBS net asset value is 8.66 today — it's risen 2.11% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MBS assets under management is 180.85 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MBS price has risen by 1.17% over the last month, and its yearly performance shows a 1.88% increase. See more dynamics on MBS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.11% over the last month, showed a 0.92% increase in three-month performance and has increased by 3.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.11% over the last month, showed a 0.92% increase in three-month performance and has increased by 3.83% in a year.
MBS fund flows account for 113.33 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MBS invests in bonds. See more details in our Analysis section.
MBS expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MBS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MBS technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MBS shows the buy signal. See more of MBS technicals for a more comprehensive analysis.
Today, MBS technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MBS shows the buy signal. See more of MBS technicals for a more comprehensive analysis.
Yes, MBS pays dividends to its holders with the dividend yield of 5.03%.
MBS trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MBS shares are issued by Angel Oak Cos. LP
MBS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 20, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.