Angel Oak Funds Trust - Angel Oak UltraShort Income ETF is an exchange traded fund launched and managed by Angel Oak Capital Advisors, LLC. The funds invests in fixed income markets of the United States. It primarily invests in U.S. treasury securities, agency and non-agency residential mortgage-backed securities (“RMBS”), agency 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 average maturity of less than two years. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index, the Bloomberg Short-Term Government/Corporate Index and the Bloomberg U.S. Treasury Bills Index. It employs proprietary research to create its portfolio. Angel Oak Funds Trust - Angel Oak UltraShort Income ETF was formed on October 24, 2022 and is domiciled in the United States.