The Angel Oak Income ETF (NYSEARCA:CARY) is a small, little-known income ETF focusing on short-term investment-grade bonds. CARY's diversified holdings, solid 6.2% dividend yield (highest in its peer group), and strong performance track record make the fund a buy. CARY is an actively managed ETF focusing on short-term investment-grade bonds. It holds a diversified portfolio of assets, with investments in 253 securities from several bond sub-asset classes, including mortgage-backed securities, or MBS, corporate bonds, treasuries, and CLO debt tranches. It does hold some non-investment grade bonds, with these accounting for around 20% of its portfolio.