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Envestnet Asset Management Inc. lifted its holdings in shares of Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) by 25.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 300,777 shares of the company's stock after acquiring an
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.115 per share for the month of October 2026. The record date for the distribution is October 16, 2026, and the payable date is October 30, 2026. The Fund will trade ex-distribution on October 16, 2026. Although the Fund seeks to pay a distribution at a rate that is representative of net investm.
Cites Holdover Trustees, Entrenchment Provisions, Preferred Share Issuance That Removed Trustees from Election by Common Shareholders, and Fund Performance WASHINGTON, Sept. 3, 2026 /PRNewswire/ -- Trevor Montano ("Mr.
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.115 per share for the month of September 2026. The record date for the distribution is September 16, 2026, and the payable date is September 30, 2026. The Fund will trade ex-distribution on September 16, 2026. Although the Fund seeks to pay a distribution at a rate that is representative of net.
Angel Oak Financial Strategies Income Term Trust offers unique exposure to investment-grade, floating-rate community bank debt, with a current 6.51% discount. FINS delivers a high 10.39% distribution yield, but coverage is weak, and return of capital is destructive, raising sustainability concerns for the long term. Leverage and discount/premium mechanics add volatility, making FINS less attractive than passive peers like FLTR for risk-averse investors.
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.115 per share for the month of July 2026. The record date for the distribution is July 17, 2026, and the payable date is July 31, 2026. The Fund will trade ex-distribution on July 17, 2026. Although the Fund seeks to pay a distribution at a rate that is representative of net investment income a.
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares June 2026 Distribution.
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust (NYSE – FINS) (the “Fund”) has closed a $50 million private offering of Series A Mandatorily Redeemable Preferred Shares, due April 30, 2031 (the “MRPS”). The MRPS are rated A3 by Moody's Investors Service, Inc. Net proceeds from the offering of the MRPS will be used primarily to refinance the Fund's existing debt and to make new portfolio investments. In addition, the Fund has entered into a Notes Purchase Agreement in.