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Angel Oak Dynamic Financial Strategies Income Term Trust (DYFN) announced a distribution increase to $0.1228 per share for January, February, and March 2021, marking an 8.6% rise from the previous quarter. The record date for the January distribution is January 15, 2021, with a payable date of January 29, 2021. The net asset value per share rose to $20.45 as of December 31, 2020. The fund is primarily focused on U.S. financial sector debt and aims to provide regular monthly cash distributions while also being positioned to benefit from improving market conditions and potential mergers in the banking sector.
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FAQ
What is the market cap of Ang Oak Dynamic FS I Trm (DYFN)?
The market cap of Ang Oak Dynamic FS I Trm (DYFN) is approximately $70.4M.