# Angel Oak Financial Strategies Income Term Trust (FINS): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fins for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2019-05-29 The Angel Oak Financial Strategies Income Term Trust operates as a closed-end investment vehicle, with a primary objective of delivering current income and a secondary focus on achieving overall capital appreciation. This Trust employs an investment methodology predominantly centered on debt instruments within the banking sector, a strategy historically known for its limited correlation with other market areas. Established on June 14, 2018, its principal office is located in Atlanta, Georgia. ## Key Facts | Metric | Value | |---|---| | Price | $11.88 | | Expense Ratio | 3.16% | | Market Value | $297.7M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 11.62% | | Annual Distribution (TTM) | $1.38 /share | | Distribution Frequency | Monthly | | 52-Week Range | $11.61 – $13.45 | | Beta | 0.19 | ## Latest Distribution - Amount: $0.1150 /share - Ex-date: 2026-10-16 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does FINS invest in? The Angel Oak Financial Strategies Income Term Trust operates as a closed-end investment vehicle, with a primary objective of delivering current income and a secondary focus on achieving overall capital appreciation. This Trust employs an investment methodology predominantly centered on debt instruments within the banking sector, a strategy historically known for its limited correlation with other market areas. Established on June 14, 2018, its principal office is located in Atlanta, Georgia. ### What is the expense ratio of FINS? Angel Oak Financial Strategies Income Term Trust (FINS) charges an expense ratio of 3.16%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FINS's dividend yield? FINS's trailing-twelve-month yield is 11.62%, calculated from the sum of dividends over the past year divided by the current price. ### How big is FINS? Angel Oak Financial Strategies Income Term Trust (FINS) has a market value of $297.7M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FINS actively managed or an index fund? FINS is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FINS's is 3.16%) in exchange for the discretion to over- or under-weight positions. ### When was FINS launched? Angel Oak Financial Strategies Income Term Trust (FINS) launched in May 2019 and is managed by the fund issuer. ### Does FINS pay a dividend? Yes, Angel Oak Financial Strategies Income Term Trust (FINS) distributes dividends to shareholders. The trailing-twelve-month yield is 11.62%. Full dividend history is on this page. ### How often does FINS pay dividends? Angel Oak Financial Strategies Income Term Trust pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FINS's next ex-dividend date? The most recently announced ex-dividend date for FINS was 2026-10-16. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will FINS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.16% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FINS charge its expense ratio? The expense ratio is deducted in tiny daily slices from FINS's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FINS cost more than a fund like VOO? FINS is actively managed (current expense ratio 3.16%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FINS's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FINS? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as FINS (3.16%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fins - Distribution history: https://www.dividenddata.com/funds/fins/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fins/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fins/expenses - Peer comparison: https://www.dividenddata.com/funds/fins/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.