Rhea-AI Summary
Angel Oak Capital Advisors announced reverse share splits for three ETFs, including the Angel Oak Mortgage-Backed Securities ETF (MBS).
The ratios are 1-for-7 for MBS, 1-for-3 for Angel Oak Income ETF (CARY) and 1-for-5 for Angel Oak High Yield Opportunities ETF (AOHY). Completion is scheduled after the close of business on or about November 13, 2026, with split-adjusted trading beginning November 16, 2026. Each fund’s net asset value per share will increase proportionately as its share count decreases, leaving the total value of a shareholder’s investment unchanged. Ticker symbols will remain unchanged.
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