Angel Oak Multi-Strategy Income Fund (NQM)
Pitch Summary: The fund maintained overweight exposure to non-agency RMBS, including 19% in non-qualified mortgage bonds, up 1% from the prior quarter. The segment returned 3.0% in Q3 and contributed 27 bps to overall performance. Angel Oak highlighted strong collateral quality supported by record home equity, solid wage growth, and persistent housing supply constraints. BSD […]
