CARY: Watch Out For The Expense Ratio (Rating Downgrade)
The Angel Oak Income ETF (CARY) has been downgraded to a Hold rating due to concerns over its expense ratio. Despite a stable uptrend and outperformance compared to peers since April 2025, the expense ratio has raised red flags for investors. This decision reflects a cautious approach to the fund's future performance.
- ▪Angel Oak Income ETF has been downgraded to a Hold rating.
- ▪The fund has outperformed peers since April 2025.
- ▪Concerns over the expense ratio prompted the downgrade.
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