Angel Oak Financial Strategies Income Term Trust Declares July 2024 Distribution
01 Julio 2024 - 3:30PM
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 $0.109 per share for
the month of July 2024. The record date for the distribution is
July 17, 2024, and the payable date is July 31, 2024. The Fund will
trade ex-distribution on July 17, 2024.
The Fund seeks to pay a distribution at a rate that reflects net
investment income actually earned. A portion of each distribution
may be treated as paid from sources other than net investment
income, including but not limited to short-term capital gain,
long-term capital gain, or return of capital. As required by
Section 19(a) of the Investment Company Act of 1940, a notice will
be distributed to shareholders in the event that a portion of a
monthly distribution is derived from sources other than
undistributed net investment income. The final determination of the
source and tax characteristics of these distributions will depend
upon the Fund’s investment experience during its fiscal year and
will be made after the Fund’s year end. The Fund will send to
investors a Form 1099-DIV for the calendar year that will define
how to report these distributions for federal income tax
purposes.
ABOUT FINS
Led by Angel Oak’s experienced financial services team, FINS
invests predominantly in U.S. financial sector debt as well as
selective opportunities across financial sector preferred and
common equity. Under normal circumstances, at least 50% of FINS’
portfolio is publicly rated investment grade or, if unrated, judged
to be of investment grade quality by Angel Oak.
ABOUT ANGEL OAK CAPITAL ADVISORS, LLC
Angel Oak Capital Advisors is an investment management firm
focused on providing compelling fixed-income investment solutions
to its clients. Backed by a value-driven approach, Angel Oak
Capital Advisors 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 Angel Oak Capital Advisors
can be found at www.angeloakcapital.com.
Past performance is neither indicative nor a guarantee of future
results. Investors should consider the investment objective and
policies, risk considerations, charges and ongoing expenses of an
investment carefully before investing. For more information please
contact your investment representative or Destra Capital Advisors
LLC at 877.855.3434.
© 2024 Angel Oak Capital Advisors, which is the investment
adviser to the Angel Oak Financial Strategies Income Term
Trust.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240701629073/en/
Media: Trevor Davis, Gregory FCA for Angel Oak Capital Advisors
443-248-0359 trevor@gregoryfca.com
Company: Randy Chrisman, Chief Marketing & Corporate IR
Officer, Angel Oak Capital Advisors 404-953-4969
randy.chrisman@angeloakcapital.com
Angel Oak Financial Stra... (NYSE:FINS)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
Angel Oak Financial Stra... (NYSE:FINS)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024