Angel Oak Strategic Credit Fund is a diversified, closed-end management investment company organized as a Delaware statutory trust and operated as an interval fund. The Fund seeks total return by investing at least 80% of its net assets in a broad range of credit-related instruments across both liquid and illiquid asset classes. These include subordinated and senior corporate debt, residential and commercial mortgage-backed securities (RMBS, CMBS), asset-backed securities (ABS), collateralized loan obligations (CLOs), and collateralized debt obligations (CDOs). The Fund may also invest in residential loans, municipal securities, preferred securities, and derivative instruments linked to credit exposures. It concentrates its investments in agency and non-agency RMBS and CMBS and may hold below investment grade, high-yield instruments. Shares are not listed for trading and are considered illiquid, though the Fund offers quarterly repurchase options.
News and Notices
Angel Oak Capital Advisors, LLC
2017
'40 Act
Interval CEF
USD
Quarterly
Daily
1.25%
January 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Tender Offers
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
Nov 28, 2024
09:49
Redemptions
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Angel Oak Strategic Credit Fund announced a quarterly repurchase offer for up to 5% of outstanding shares ending September 18, 2026. Shareholders must tender by 4:00 p.m. Eastern Time that day, with oversubscribed requests repurchased pro rata.
Jun 17, 2024
14:39
Compliance
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Angel Oak Strategic Credit Fund provided its 2026 annual proxy voting notice for the year ended June 30, 2026, listing zero series and no additional explanatory information.
Feb 12, 2025
16:24
Fees, Marketing Materials, Subscriptions
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Angel Oak Strategic Credit Fund updated its prospectus for a continuous offering of up to 10,000,000 shares and up to $250 million across four share classes, including a 2.25% maximum Class A sales charge and $25 million Class FI minimum investment.
Nov 29, 2023
17:01
Fees, Marketing Materials, Subscriptions
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Angel Oak Strategic Credit Fund updated its prospectus for a continuous offering of up to 10,000,000 shares and $250 million, with Class A sales charges up to 2.25% and minimum initial investments ranging from $1,000 to $25 million. Investors can purchase under the updated share class terms and fees, while liquidity remains limited to quarterly repurchase offers of 5% to 25% of outstanding shares.
Jul 28, 2024
10:38
Redemptions
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Angel Oak Strategic Credit Fund announced a quarterly repurchase offer for up to 5% of outstanding shares, with the request deadline on June 18, 2026 and pricing based on net asset value. Shareholders tendering shares may receive less than requested if the offer is oversubscribed, on a pro rata basis.
Aug 20, 2025
12:57
Redemptions, Subscriptions
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Angel Oak Strategic Credit Fund reported $18.9 million of sales and $32.5 million of redemptions or repurchases during the fiscal year ended January 31, 2026, with $0 net sales and a $0 registration fee due. This leaves $159.7 million of redemption credits available for future years.
Dec 10, 2025
16:44
Personnel
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Angel Oak Strategic Credit Fund removed Berkin Kologlu as portfolio manager effective April 10, 2026, while Matthew R. Kennedy, Sreeniwas (Sreeni) V. Prabhu, Namit Sinha and Clayton Triick continue in the role.
Nov 27, 2025
09:40
Redemptions
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Angel Oak Strategic Credit Fund announced a quarterly repurchase offer for up to 5% of outstanding shares at NAV, with a request deadline of March 20, 2026 and NAV of $20.98 per share on February 20, 2026. Shareholders may tender shares for cash liquidity, subject to proration if oversubscribed.
Apr 28, 2023
09:43
Redemptions
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Angel Oak Strategic Credit Fund announced a quarterly repurchase offer for up to 5% of outstanding shares at net asset value, with requests due December 19, 2025 and payment expected within seven days after pricing. If oversubscribed, repurchases may be prorated.
Sep 14, 2025
13:15
Compliance
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Angel Oak Funds Trust renewed a Financial Institution Bond with $3.7 million single-loss limits and added endorsements for fraudulent transfer instructions, stop-payment orders, and unauthorized signatures. The coverage applies to losses first discovered during the October 16, 2025 to October 16, 2026 bond period.
Preview
Angel Oak Strategic Credit Fund
Angel Oak Capital Advisors, LLC is responsible for managing Angel Oak Strategic Credit Fund.
Angel Oak Strategic Credit Fund launched in 2017.
Angel Oak Strategic Credit Fund is registered as a '40 Act fund.
Angel Oak Strategic Credit Fund is structured as a Interval CEF fund.
You can invest in Angel Oak Strategic Credit Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Angel Oak Strategic Credit Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Angel Oak Strategic Credit Fund quarterly, subject to redemption limits and notice requirements.
Shares of Angel Oak Strategic Credit Fund can be purchased in USD.
Angel Oak Strategic Credit Fund's fiscal year end is January 31.
Angel Oak Strategic Credit Fund's net asset value was $84.6 million and its portfolio had a fair value of $88.8 million as of April 30, 2026.
Among other deal types, Angel Oak Strategic Credit Fund primarily makes Debt Investments.
Among other asset classes, Angel Oak Strategic Credit Fund primarily invests in CLO-CDO-CMO.
Among other regions, Angel Oak Strategic Credit Fund primarily invests in the USA and Globally.
Angel Oak Strategic Credit Fund charges a 1.25% annual management fee, which is calculated based on NAV.
You can invest in ASCIX shares with a minimum initial investment of $50,000.
There is no minimum subsequent investment for ASCIX shares, allowing you to invest any amount.
You will be subject to paying an early repurchase/redemption fee of 0%.
Angel Oak Strategic Credit Fund's ASCIX share class generated an annualized 1-month return of 7.08% and since-inception return of 6.91% as of January 31, 2026.
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