FINS News and Press, Angel Oak Financial Strategies Income Term Trust of Beneficial Interest From 12/09/20

November was one of the best months for markets in general and that includes CEFs, which rallied hard. Our Core Portfolio was up 7.2% in the month. Discounts have tightened materially in the last month but still remain much wider than at the start of the year. We describe why we t...

Quick thoughts on DYFN; a fund that was launched earlier this year on June 26th, 2020. During most of the pandemonium of this year, this is one I have missed until it came up on a screen I was running. The fund mainly focuses on investment-grade debt tied to the U.S. financial sec...

"Quality" is a term much bandied about in the CEF space without a clear definition as to what qualifies as a "quality fund" We suggest two dimensions of quality: CEF outperformance relative to its sector and open-end fund alternatives as well as good governance features. We also h...

Angel Oak Financial Strategies Income Term (FINS) declares $0.1085/share monthly dividend, 7.4% increase from prior dividend of $0.1010.Forward yield 7.65%Payable Dec. 31; for shareholders of record Dec. 16; ex-div Dec. 15.See FINS Dividend Scorecard, Yield Chart, & Dividend Growth. For...

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 $0.1085 per share for the month of December 2020. The record date for the distribution is December...

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 $0.1010 per share for the month of November 2020. The record date for the distribution is November...

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 $0.1010 per share for the month of October 2020. The record date for the distribution is October 1...

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 $0.1010 per share for the month of September 2020. The record date for the distribution is September 16,...

Written by Nick Ackerman, co-produced by Stanford Chemist StoneCastle Financial ( BANX ) is a little known closed-end fund. While it is structured as a CEF, it is running a bit more like a company. I hadn't even heard about this fund until I did the piece analyzing dividend cuts through ...

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 $0.1010 per share for the month of August 2020. The record date for the distribution is August 17, 2020,...