FINS News and Press, Angel Oak Financial Strategies Income Term Trust of Beneficial Interest From 01/29/23

Summary We review CEF market valuation and performance through the third week of January and highlight recent market action. CEFs had another strong week with most sectors seeing both NAV gains and discount tightening. With most funds continuing to trade at discounts, rights offerin...

Summary We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row. We look at the key lessons of 2022 that can guide investors in their ...

Summary We continue our roundtable series with much-awaited dividends, income and REITs coverage. Eight of our Marketplace contributors give their analysis and share one top idea. Next up we have growth, tech and crypto. ~ By Ashutosh Gowli, Marketplace Specialist Than...

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 $0.095 per share for the month of January 2023. The record date for the distribution is January 17, 2023, an...

Summary We review closed-end fund market valuation and performance through the third week of December and highlight recent market action. CEFs were mixed this week; however, discounts have continued to widen, extending a recent trend. We discuss the concept of yield-on-cost which we...

Summary We review closed-end fund market valuation and performance through the first week of December and highlight recent market action. CEFs had a strong week, with all sectors seeing positive total NAV returns. We highlight the drivers of higher yields this year across many CEFs....

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 $0.095 per share for the month of December 2022. The record date for the distribution is December 16, 2022, ...

Summary Most income sectors are sitting on sizable losses this year as a result of higher interest rates, wider credit spreads and lower equity prices. Given these results, it can be easy to sell into weakness and lose sight of the fact that this year's rise in yields has generate...

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 $0.095 per share for the month of November 2022. The record date for the distribution is November ...

Summary The broader income market remains weak as the Fed continues to tighten policy while leading macro indicators deteriorate. We highlight securities that have made new year-to-date lows and look attractive for new capital allocations. Waiting to add at new lows creates di...