Angel Oak Funds Trust - Angel Oak Total Return ETF

Angel Oak Funds Trust - Angel Oak Total Return ETF is an exchange traded fund launched and managed by Angel Oak Capital Advisors, LLC. The fund is co-managed by Brookfield Public Securities Group LLC. The funds invests in fixed income markets of the United States. It primarily invests in mortgage-backed securities (“RMBS”), U.S. Treasury and U.S. government agency securities, corporate debt, including bank-issued subordinated debt, commercial mortgage-backed securities (“CMBS”), collateralized loan obligations (“CLOs”), collateralized debt obligations (“CDOs”), collateralized mortgage obligations (“CMOs”), collateralized bond obligations (“CBOs”), asset-backed securities (“ABS”). It invests in securities with varying maturities. Angel Oak Funds Trust - Angel Oak Total Return ETF was formed on October 7, 2025 and is domiciled in the United States.