ATLANTA--(BUSINESS WIRE)--Angel Oak Capital today announced that Brad Friedlander, Head Portfolio Manager of the Angel Oak Multi-Strategy Income Fund, was named one of the 2013 Rising Stars of Mutual Funds by Institutional Investor News.
The Rising Stars of Mutual Funds are chosen annually by the publishers of Institutional Investor News and represent up-and-comers whose accomplishments in, and contributions to, their firms and the industry make them stand out among their peers and position them as future industry leaders.
Among the specific criteria used by Institutional Investor to select this year’s Rising Stars were an individual must have demonstrated a level of leadership in their profession, be an active contributor to the broader mutual fund community, and have made notable contributions to portfolio returns.
Mr. Friedlander is a co-founder, managing partner and Head Portfolio Manager at Angel Oak Capital, where he is responsible for the management of the entire Angel Oak portfolio of funds.
Angel Oak Multi-Strategy Income seeks total return by principally investing in investment grade and non-investment grade fixed income securities. It offers investors access to the structured credit markets (Residential Mortgage-Backed Securities, Asset-Backed Securities, Commercial Mortgage-Backed Securities and Collateralized Loan Obligations) that have attractive income and/or capital appreciation opportunities. Mr. Friedlander and his team utilize a top-down strategy focused on identifying undervalued assets and price dislocations within the debt markets and a bottom-up credit selection process.
About Institutional Investor
For more than 40 years, Institutional Investor has recognized people and companies in the U.S. and around the world for performance and professional excellence. The integrity of Institutional Investor’s editorial and research-supported rankings and awards have earned high regard in the industry and continue to contribute to those industry standards by which excellence is measured.
About Angel Oak Capital Advisors
Angel Oak Capital Advisors, LLC (Angel Oak), is a SEC registered, fixed income investment firm, focused on creating value through fundamental credit analysis and asset selection for institutional investors and individuals. The Angel Oak funds complex consists of a mutual fund, separate accounts and private investment partnerships. As of 2/28/13, the firm has over $2 billion in assets under management.
You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund’s prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund’s prospectus by calling 1-888-685-2915. Past performance is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Distributed by Unified Financial Securities, Inc., 2960 North Meridian Street, Suite 300, Indianapolis, IN 46208. (Member FINRA)
The value of some mortgage-backed securities may be particularly sensitive to changes in prevailing interest rates, and although the securities are generally supported by some form of government or private insurance, there is no assurance that private guarantors or insurers will meet their obligations. Diversification does not ensure a profit or guarantee against loss.
No investment strategy, including a total return strategy, can ensure a profit or protect against loss. Additionally, investing in a total return strategy may result in underperformance during a bull market.
Given the significant differences between separately managed accounts and mutual funds, investors should consider the differences in expenses, tax implications and the overall objectives between separately managed accounts and mutual funds before investing. Past performance of the strategy/separately managed account is not indicative of future performance of the fund.