Angel Oak UltraShort Income ETF offers 5.4% yield
The Angel Oak UltraShort Income ETF, known as UYLD, is an actively managed fund that invests in cash and similar assets. These include secured products like mortgage-backed securities and collateralized loan obligations. UYLD offers a yield of 5.4%, which is appealing for investors looking for income. The ETF is designed to be a middle-ground option, providing safety between Treasury bills and higher-rated investments. It targets safe and reliable yields of around 8% for its managed income portfolios. Juan de la Hoz, a financial expert, contributes to the investment group CEF/ETF Income Laboratory. He brings years of experience in trading and analyzing fixed-income securities. The group focuses on helping investors of all experience levels find good investment opportunities, including those that pay monthly for steady income. Investors should keep in mind that past performance does not guarantee future results. No specific investment advice is provided, and individuals should consider their own circumstances before investing.