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Angel Oak Financial Strategies Income Term Trust Announces Shareholder Approval of its New Investment Advisory Agreement

MWN-AI** Summary

Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) recently announced that its shareholders have approved a new investment advisory agreement with Angel Oak Capital Advisors, LLC during a special meeting held on September 26, 2025. Ira P. Cohen, Chair of the Board of Trustees, expressed gratitude towards shareholders for their support, emphasizing the potential for value creation following the integration of Angel Oak with Brookfield Asset Management. Cohen noted that the Board is eager to communicate future governance enhancement opportunities as developments arise.

FINS primarily targets investments in U.S. financial sector debt while selectively including opportunities in financial sector preferred and common equity. The Fund is committed to maintaining a robust investment strategy by allocating at least 50% of its portfolio to investments rated as investment grade by nationally recognized statistical rating organizations. For any unrated investments, Angel Oak will internally evaluate and determine their investment grade quality.

Angel Oak Capital Advisors, LLC, the Fund's adviser, specializes in providing fixed-income investment solutions, aimed at delivering attractive risk-adjusted returns through stable income and price growth. The management firm uses a value-driven approach and has an experienced team focused on fixed-income opportunities, particularly in mortgage-backed securities and structured credit.

Investors looking for more information on the Fund and the adviser can visit the Angel Oak Capital website or contact their investment representatives. It's important to note that past performance does not guarantee future results, and potential investors should be aware of the Fund’s investment objectives, risks, charges, and expenses before making investment decisions.

MWN-AI** Analysis

The recent shareholder approval of a new investment advisory agreement between Angel Oak Financial Strategies Income Term Trust (FINS) and Angel Oak Capital Advisors, LLC marks a critical juncture for the Fund and its investors. This strategic move, endorsed during the special meeting on September 26, 2025, signals a commitment to enhancing governance and value creation, particularly in collaboration with Brookfield Asset Management, a formidable player in the financial sector.

Investors in FINS should take note of the Fund's focus on U.S. financial sector debt, backed by the expertise of Angel Oak’s seasoned investment team. This focus on investment-grade debt—and the potential inclusion of higher-yield opportunities in preferred and common equity—creates a diversified risk-return profile well-suited for the current market environment, which is characterized by uncertainty in economic growth and interest rate fluctuations.

Furthermore, the emphasis on stable current income and price appreciation aligns well with the ongoing demand for yield in a low-rate environment. As central banks continue to navigate inflationary pressures, the strategic positioning in higher-rated securities supports the Fund's resilience against potential market volatility.

However, investors should exercise caution and conduct thorough due diligence. While the approval presents opportunities, the announcement underscores the importance of understanding the underlying risks associated with debt investments and market conditions that may affect profitability. The advisory's commitment to enhancing governance could provide additional assurances, but transparency on how this will manifest is crucial moving forward.

For current and prospective investors, reviewing the Fund’s objectives, risk considerations, and ongoing expenses remains paramount. Utilizing Angel Oak’s resources and insights can provide an edge in evaluating the Fund’s potential in a growing yet challenging financial landscape. As developments unfold, remaining close to FINS’ performance metrics and strategic updates will be essential for informed investment decisions.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) (the “Fund”) announces that the Fund’s shareholders voted to approve the new investment advisory agreement between the Fund and Angel Oak Capital Advisors, LLC (the “Adviser” or “Angel Oak”) at the special meeting of shareholders held on September 26, 2025.

Ira P. Cohen, Chair of the Board of Trustees, said, “We thank our shareholders for their approval of the investment advisory agreement. My fellow directors and I are excited for the value creation opportunity presented by the combination of Angel Oak and Brookfield Asset Management. The Board looks forward to updating shareholders regarding opportunities to enhance the Fund's governance when we have a tangible development to disclose.”

ABOUT FINS
Led by Angel Oak’s experienced financial services team, the Fund invests predominantly in U.S. financial sector debt as well as selective opportunities across financial sector preferred and common equity. Under normal circumstances, the Fund will invest at least 50% of the Fund’s portfolio in debt investments rated investment grade by nationally recognized statistical rating organizations, or if unrated, judged by Angel Oak to be of investment grade quality.

ABOUT ANGEL OAK CAPITAL ADVISORS, LLC
Angel Oak is an investment management firm focused on providing compelling fixed-income investment solutions to its clients. Backed by a value-driven approach, Angel Oak seeks to deliver attractive, risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed income, with a specialization in mortgage-backed securities and other areas of structured credit.

Information regarding the Fund and the Adviser can be found at www.angeloakcapital.com .

Past performance is neither indicative nor a guarantee of future results. Investors should carefully consider the Fund’s investment objective and policies, risk considerations, charges and ongoing expenses of an investment before investing. For more information, please contact your investment representative or Destra Capital Advisors LLC at 877.855.3434.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250929296761/en/

Media:
Trevor Davis, Gregory FCA for Angel Oak Capital Advisors
443-248-0359
trevor@gregoryfca.com

Company Contact:
Randy Chrisman, Chief Marketing & Corporate IR Officer, Angel Oak Capital Advisors
404-953-4969
randy.chrisman@angeloakcapital.com

FAQ**

How does the new investment advisory agreement between Angel Oak Financial Strategies Income Term Trust of Beneficial Interest FINS and Angel Oak Capital Advisors aim to enhance value for shareholders?

The new investment advisory agreement between Angel Oak Financial Strategies Income Term Trust and Angel Oak Capital Advisors aims to enhance shareholder value by aligning investment strategies with more targeted asset management expertise and performance-driven objectives.

What specific governance enhancements can shareholders of Angel Oak Financial Strategies Income Term Trust of Beneficial Interest FINS expect following the approval of the new advisory agreement?

Shareholders of Angel Oak Financial Strategies Income Term Trust can anticipate enhanced governance through improved oversight, increased transparency in decision-making, and more aligned interests between the advisory team and shareholders following the new advisory agreement's approval.

In what ways does Angel Oak Capital Advisors plan to leverage its expertise to improve the investment portfolio of Angel Oak Financial Strategies Income Term Trust of Beneficial Interest FINS?

Angel Oak Capital Advisors plans to leverage its expertise by utilizing rigorous research, active management strategies, and a detailed understanding of fixed income markets to enhance the performance and risk-adjusted returns of the investment portfolio for FINS.

How does the shift towards a combination of Angel Oak and Brookfield Asset Management impact the long-term strategy for Angel Oak Financial Strategies Income Term Trust of Beneficial Interest FINS?

The shift towards a combination of Angel Oak and Brookfield Asset Management strengthens Angel Oak Financial Strategies Income Term Trust's (FINS) long-term strategy by enhancing investment capabilities, broadening market reach, and improving operational efficiencies.

**MWN-AI FAQ is based on asking OpenAI questions about Angel Oak Financial Strategies Income Term Trust of Beneficial Interest (NYSE: FINS).

Angel Oak Financial Strategies Income Term Trust of Beneficial Interest

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