ATLANTA, Oct. 5, 2011 (GLOBE NEWSWIRE) -- Angel Oak Capital Advisors, LLC (Angel Oak) is pleased to announce that Lindner Capital Advisors, Inc., (LCA), a Registered Investment Advisory firm and third-party money manager for independent advisors, will add Angel Oak Multi Strategy Income Fund (ANGLX) to its portfolios. "We're very pleased to be able to include this fixed income fund in our investment strategy," said LCA Investment Committee Chairman, Scott Wetherington. "Angel Oak's new fund aims to fill an important need in the marketplace."
The fund aims to pay a high, stable dividend composed entirely of earned income. Investors looking for their financial assets to significantly supplement their income have been struggling to find sufficient investment sources in this low rate environment. "One of the main reasons for our selection of the Angel Oak mutual fund (ANGLX) was the attractiveness of the monthly, stable distribution," said LCA CEO Robert Lindner. "Even though ANGLX has the target distribution at a higher level than other fixed income mutual funds, the interest rate sensitivity (duration) is lower in comparison to other funds in its category."
The fund implements a relative value strategy and includes a very broad mandate on investable assets. "Currently, there is minimal opportunity for investors to access these types of higher yielding fixed income sectors (mortgage-backed securities, asset-backed securities, etc.) within the mutual fund marketplace," said Brad Friedlander, managing partner and portfolio manager of Angel Oak Capital Advisors, LLC. "We believe this fund is timely, given the limited availability of similar funds and the continuing attractiveness of these types of fixed income assets."
"The Fund invests across fixed rate and floating rate securities, in an effort to effectively manage the interest rate risk of the overall portfolio according to our current views on the market," added Friedlander. The fund is now available on the TD Ameritrade, Charles Schwab, and Fidelity platforms in addition to Morgan Keegan and Southwest Securities. For more information on how to purchase the fund, please contact investor relations, www.angeloakmutualfunds.com
Leslie Swid
Impact Communications
913 649-5009
leslieswid@impactcommunications.org
About Angel Oak Capital Advisors, LLC
Angel Oak Capital Advisors, LLC, is a boutique asset management firm based in Atlanta, with $225 million in assets under management. The firm is a fixed income specialist focused on creating value through fundamental credit analysis and asset selection. The widely experienced Angel Oak Capital team targets its strategies to the unique needs of institutional investors and individuals. For more information, visit www.angeloakcapital.com.
About Lindner Capital Advisors
LCA offers fee-based turnkey asset management programs designed for the clients of registered representatives of broker/dealers, independent registered investment advisors, certified public accountants and attorneys. The firm's approach to asset management is to apply the proven principles of the Nobel Prize-winning Modern Portfolio Theory. In order to manage the impact of market volatility on their portfolios, they also include a slice of non-correlated alternative investments, such as managed futures. For more information, visit www.lindnercapital.com.
MUTUAL FUNDS INVOLVE RISK INCLUDING POSSIBLE LOSS OF PRINCIPAL
Disclosure Statement: Past results are not indicative of future results. There is risk of loss when investing in mutual funds. Investors should carefully consider the investment objectives, risks, charges and expenses of the Angel Oak Multi Strategy Income Fund . This and other important information about the Fund is contained in the Prospectus, which can be obtained by calling 404-953-4902. The Prospectus should be read carefully before investing.
Distributed by Unified Financial Securities, Inc., 2960 North Meridian Street, Suite 300, Indianapolis, IN 46208. (Member FINRA)
There is no guarantee that this or any investment strategy will succeed; the strategy is not an indicator of future performance; and investment results may vary. In general, as prevailing interest rates rise, fixed income securities prices will fall.
Investments in real-estate related or mortgage-backed securities involve special risks associated with an investment in real estate, such as limited liquidity, prepayment risk, and changes to prevailing interest rates and may be more volatile than other securities. In addition, the value of real estate-related investments is sensitive to changes in real estate values, extended vacancies of properties and other environmental and economic factors. Although these kind of securities are generally supported by some form of government or private guarantee and/or insurance, there is no assurance that private guarantors or insurers will meet their obligations.
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