Angel Oak Dynamic Financial St Income:DYFN

    Manage Alerts

    Overview

    As of 9/22/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$20.61$21.26-3.06%
    52 Wk Avg$19.13$20.78-8.00%
    52 Wk High$21.13$21.48-1.48%
    52 Wk Low$17.02$20.14-14.88%
    Regular Distribution TypeIncome Only
    Distribution Rate7.15%
    Distribution Amount$0.1228
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment seeks current income with a secondary objective of total return. Under normal circumstances, the fund will invest at least 80% of the value of its net assets plus the amount of any borrowings for investment purposes in investments that are rated investment grade or, if unrated, judged to be of investment grade quality by the fund's investment adviser. It will not invest more than 15% of its Managed Assets in credit instruments rated below Caa2 by Moody's Investors Service, Inc. ('Moody's') or CCC by Standard & Poor's Ratings Services ('S&P') or Fitch Ratings ('Fitch').

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$121.468M
    Total Common Assets:$86.209M
    Common Shares Outstanding:4,055,000
    Leverage

    As of 9/22/2021

    Preferred Share Assets:
    Total Debt (USD): $35.259M
    Regulatory Leverage (USD): $20.000M
    Effective Leverage (USD): $35.259M
    Effective Leverage (%): 29.03%
    Annual Expense Ratios

    As of 1/31/2021

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 0.00%
    Fund Management

    Fund Sponsor
    Angel Oak

    Portfolio Managers
    Navid Abghari, Johannes Palsson, Cheryl Pate

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: DYFN
    NAV Ticker: XDFNX
    Average Daily Volume (shares): 16,479
    Average Daily Volume (USD): $0.313M
    Inception Date: 6/26/2020
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: No
    Fiscal Year End: January 31
    Third Party Links & Reports

    Distributions

    As of 9/22/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    6.93%
    Total Return on NAV (12 months):
    As of 9/22/2021
    13.49%
    Avg. Portfolio Coupon:
    As of 9/22/2021
    5.85%
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021
    29.03%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/23/2021

    PeriodAvg Discount
    6 Month-5.47%
    1 Year-8.00%
    3 Year 
    5 Year 
    Z-Score

    As of 9/22/2021

    PeriodZStat
    3 Month1.05
    6 Month1.29
    1 Year1.61
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD16.64%9.52%6.56%3.27%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2021
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/22/2021
    5.85%
    Number of Holdings:
    As of 6/30/2021
    69
    Average Bond Price:
    As of 6/30/2021
    $104.95
    Asset Allocation

    As of 6/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)96.06%
    Corporate Bond82.43%
    Preferred Stock13.63%
    Cash Equivalents3.94%
    Cash Equivalents (Super Sector)3.94%
    Top Holdings

    As of 6/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Byline Bancorp Inc 6%$3.25M2.75%
    Equity Bancshares Inc 7%$3.20M2.71%
    Triumph Bancorp, Inc. 4.88%$3.17M2.68%
    Premia Holdings LTD$3.05M2.58%
    Obsidian Insurance Holdings Inc 6.5%$3.04M2.57%
    Clear Blue Financial Holdings Llc 7%$3.04M2.57%
    Ohio National Financial Services 6.63%$2.95M2.49%
    Atlantic Capital Bancshares, Inc. 5.5%$2.74M2.31%
    Customers Bank 6.13%$2.70M2.28%
    Firstsun Cap Bancorp 6%$2.69M2.27%
    Credit Quality

    As of 6/30/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 6/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 6/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income75.59%
    New Zealand - Fixed Income2.58%
    Others - Fixed Income1.27%
    United Kingdom - Fixed Income1.25%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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