(AOHY) Angel Oak High Yield - Overview
Etf: High-Yield Bonds, Below-Grade Debt
Dividends
| Dividend Yield | 6.56% |
| Yield on Cost 5y | 7.62% |
| Yield CAGR 5y | 9.02% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 2.62% |
| Relative Tail Risk | 0.93% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.64 |
| Alpha | 0.85 |
| Character TTM | |
|---|---|
| Beta | 0.166 |
| Beta Downside | 0.185 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.17% |
| CAGR/Max DD | 1.96 |
Description: AOHY Angel Oak High Yield January 19, 2026
Angel Oak High Yield Opportunities ETF (AOHY) seeks to generate high current income by allocating at least 80% of its net assets-and any investment-grade borrowing-to securities that are rated below investment grade at the time of purchase. Because the fund is classified as non-diversified, it can concentrate holdings in a relatively small number of issuers, amplifying both yield potential and credit risk.
Key metrics (as of the most recent filing) include an expense ratio of 0.70%, assets under management of roughly $200 million, a weighted-average coupon of about 8.5%, and a weighted-average maturity near 5 years. The portfolio’s average credit rating hovers around BB-, reflecting its focus on high-yield issuers. Current macro drivers-such as the Federal Reserve’s policy stance, the pace of US corporate debt issuance, and the health of cyclical sectors like energy and consumer discretionary-can materially affect default rates and price performance.
Investors should monitor the fund’s duration and credit-quality trends, as rising interest rates or an economic slowdown could increase spread volatility and trigger higher default frequencies.
For a deeper, data-driven dive into AOHY’s risk-adjusted returns and sector exposures, you might find ValueRay’s analytical tools useful.
What is the price of AOHY shares?
Over the past week, the price has changed by -0.04%, over one month by +0.41%, over three months by +1.75% and over the past year by +6.96%.
Is AOHY a buy, sell or hold?
What are the forecasts/targets for the AOHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 12.4 | 11% |
AOHY Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 122.7m USD (122.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 122.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 122.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.53% (E(122.7m)/V(122.7m) * Re(6.53%) + (debt-free company))
Discount Rate = 6.53% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)