Angel Oak Income ETF
Angel Oak ETF (NASDAQ: CARY) is an exchange-traded fund listed on NASDAQ, trading at $20.30 (about ₹1,906 a unit) as of 10 Nov 2026, 9:58 AM ET. It has an expense ratio of 1% and holds 823 securities. Indian residents can buy CARY through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$20.27
Today's high
$20.37
52 week low
$20.07
52 week high
$21.55
CARY opened at $20.37, closed previously at $20.37, and has traded between $20.07 and $21.55 over the past 52 weeks.
About
CARY provides broad exposure to USD-denominated debt securities of various credit quality and maturities. Investments include structured products, loans, corporate debt, US Treasury, and government agency securities. Structured products include CLOs and CDOs, which may comprise up to 25% of the portfolio. More than 25% are invested in mortgage-related instruments and up to 15% in illiquid investments. Issuers selected depend on the advisers view of best value relative to the market. Using fundamental research and analysis, the actively managed fund considers issuers believed as capable of improving their credit profile over time with attractive valuations. Among other criteria considered are maturity, yield and ratings, and price appreciation. Various factors evaluated include collateral quality, credit support, structure, and market conditions. The adviser also targets undervalued assets with relatively low volatility. The fund may also invest in mutual funds, ETFs, or BDCs.
Key statistics
Expense ratio
1%
Assets (AUM)
$1.4B
Holdings
823
NAV
$20.37
Avg. volume
517.02K
1-year price change
-2.99%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
CARY holds 823 securities in total. These 10 are 20.5% of the fund.
Where the money is invested
Sectors
Countries
How to buy CARY from India
Indian residents can buy CARY units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in CARY from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search CARY and buy
Find the fund by its ticker, CARY, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your CARY position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying CARY from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the CARY price today?
Angel Oak ETF (CARY) last traded at $20.30 on NASDAQ, as of 10 Nov 2026, 9:58 AM ET. That is ₹1,906 a unit at the 9 Nov 2026 USD/INR rate.
When does CARY trade, in Indian time?
NASDAQ trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is CARY, and what does it cost to hold?
Angel Oak ETF manages about $1.4B. Its expense ratio is 1% a year, deducted inside the fund. It launched in 2022.
What are CARY's largest holdings?
The top three are Fannie Mae or Freddie Mac 6% 11/15/2041 (4.7%), Fannie Mae or Freddie Mac 3.5% 12/15/2040 (4.2%) and US 5YR NOTE (CBT) Dec26 (3.7%). CARY's 10 largest positions make up 20.5% of the fund.
Does CARY pay dividends?
Yes. CARY is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on CARY taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of CARY?
Yes. You can buy CARY by amount rather than by whole unit, and there is no minimum trade size.
How has CARY performed?
CARY's price is down 3.0% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.