FINS News and Press, Angel Oak Financial Strategies Income Term Trust of Beneficial Interest From 06/01/23

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 June 2023. The record date for the distribution is June 16, 2023, and the ...

2023-05-14 05:06:13 ET Summary We review CEF market valuation and performance through the first week of May and highlight recent market action. CEFs were relatively weak as rising credit spreads and residual unease about the banking sector pushed prices lower. CEF distribution...

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 May 2023. The record date for the distribution is May 17, 2023, and the pa...

2023-04-04 08:00:00 ET Summary GraniteShares HIPS US High Income ETF holds an equal weight portfolio in CEFs, MLPs, REITs, and BDCs. The change in underlying index last month was not a major one. The 4 asset categories are characterized by capital decay. HIPS has a stable ...

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 April 2023. The record date for the distribution is April 14, 2023, and th...

2023-03-31 13:09:31 ET Summary The ongoing crisis in the banking sector has already delivered some long-lasting consequences for markets and the broader economy. We take a look at the direct implications for income investors. And highlight opportunities in the most affected pa...

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 March 2023. The record date for the distribution is March 17, 2023, and th...

Summary FINS invests in investment-grade bank debt with the majority of its portfolio. However, these are in community banks or small-cap non-bank financials, a niche area of the market. The fund carries a deep discount and could potentially be of interest to some investors. ...

Summary The income market has rallied strongly over the past couple of months. We highlight securities that have lagged the rally and offer an opportunity in the current environment. Many of these securities can also remain resilient in case markets hit a bump in the road this year....

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...