Welcome to our dedicated page for Angel Oak Financial Strats Income Term news (Ticker: FINS), a resource for investors and traders seeking the latest updates and insights on Angel Oak Financial Strats Income Term stock.
Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) is a closed-end fund that focuses on U.S. financial sector debt and selective opportunities in financial sector preferred and common equity. The FINS news stream highlights developments that affect the fund’s investment strategy, governance, and advisory arrangements, giving readers insight into how the fund is managed and how it responds to conditions in the financial sector.
News about FINS frequently covers portfolio and capital-raising activity, including rights offerings and updates on how new capital is deployed into bank and other financial institution debt. Fund communications have described oversubscribed rights offerings, the allocation of proceeds into higher-coupon bank debt, and changes in the mix of bank debt, non-bank financial debt, preferred equity, and common equity in the portfolio. These updates help investors understand how the fund is positioning itself within the financial sector.
Another key theme in FINS-related news is governance and advisory oversight. Articles and filings discuss shareholder meetings to approve a new investment advisory agreement with Angel Oak Capital Advisors, LLC, the fund’s adviser, in connection with Brookfield Asset Management Ltd. acquiring a majority interest in Angel Oak’s parent company. Coverage includes voting results from annual and special meetings, Board decisions regarding governance thresholds for removing trustees, and differing shareholder views on the fund’s performance and advisory relationship.
In addition, the news flow includes regulatory and corporate updates disclosed through SEC filings, such as changes in trustees, officer appointments, and the completion of the Brookfield transaction involving the adviser’s parent company. Investors who follow FINS news can track how the fund’s management, Board, and adviser respond to shareholder feedback, regulatory requirements, and opportunities in financial sector credit markets.
By reviewing the FINS news page regularly, readers can monitor announcements on shareholder meetings, advisory agreements, capital offerings, and portfolio deployment, alongside perspectives from both the fund and external stakeholders. This provides context for understanding how the fund’s strategy and governance evolve over time.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) declared a $0.115 per share distribution for February 2026. The record date and ex-dividend date are February 13, 2026 and the payable date is February 27, 2026.
The fund said portions of the distribution may be sourced from short-term or long-term capital gains or return of capital, with final tax characterization determined after year end and reported on Form 1099-DIV. Under normal circumstances, at least 50% of the portfolio is investment grade or judged investment grade by Angel Oak.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) declared a $0.115 per share distribution for January 2026. The record date is January 16, 2026, the Fund will trade ex-distribution on January 16, 2026, and the payable date is January 30, 2026.
The Fund said distributions are intended to reflect net investment income but a portion may be paid from short-term capital gain, long-term capital gain, or return of capital. Final tax characterization will be determined after fiscal year end and reported on Form 1099-DIV; shareholders should consult tax advisors.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) declared a $0.115 per share distribution for December 2025.
The record date is December 17, 2025, the fund will trade ex-distribution on December 17, 2025, and the payable date is December 31, 2025.
The Fund said portions of the monthly distribution may be sourced from short-term capital gain, long-term capital gain, or return of capital; final tax characterization will be reported on Form 1099-DIV after year end.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) declared a monthly distribution of $0.115 per share for November 2025.
The record date is November 14, 2025, the fund will trade ex-distribution on November 14, 2025, and the payable date is November 28, 2025.
The fund said portions of distributions may be paid from sources other than net investment income — including short- or long-term capital gains or return of capital — and final tax characterizations will be reported on Form 1099-DIV after year-end.
FINS invests mainly in U.S. financial sector debt and maintains at least 50% of its portfolio in investment grade or equivalent holdings under normal circumstances.
Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) announced that Brookfield Asset Management Ltd. has acquired a majority stake in Angel Oak Companies, LP, the parent company of the Fund's investment adviser. The transaction triggered a change of control of Angel Oak Capital Advisors, LLC, requiring a new investment advisory agreement.
The Fund's Board of Trustees approved the New Advisory Agreement on April 23, 2025, which was subsequently approved by shareholders on September 26, 2025. The new agreement maintains the same advisory fee structure and similar terms as the previous one, with no material changes to the Fund's investment objectives and strategies.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) has declared a monthly distribution of $0.115 per share for October 2025. The distribution will be payable on October 31, 2025, with a record date of October 17, 2025.
FINS, managed by Angel Oak Capital Advisors, focuses on U.S. financial sector debt investments, with at least 50% of its portfolio maintaining investment-grade quality. The fund notes that distributions may come from various sources, including net investment income, capital gains, or return of capital, with final tax characteristics to be determined at fiscal year-end.
Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) announced that shareholders have approved a new investment advisory agreement with Angel Oak Capital Advisors, LLC during a special meeting held on September 26, 2025. The approval relates to the combination of Angel Oak and Brookfield Asset Management.
Board Chair Ira P. Cohen expressed gratitude for shareholder approval and indicated the Board's commitment to enhancing Fund governance, with future updates to be provided when concrete developments emerge.
Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) has filed an investor presentation regarding its new investment advisory agreement with Brookfield Asset Management. The Fund's Board unanimously recommends shareholders vote "FOR" the new agreement at the Special Meeting on September 26, 2025.
The new agreement maintains the Fund's existing strategy, management team, and fee structure while leveraging Brookfield's global resources. Key performance highlights include outperformance of its benchmark over 1-, 3-, and 5-year periods, with an initial NAV investment of $20 now worth $24.07. The Fund's trading discount has narrowed to 3.9% as of August 31, 2025.
Shareholders of record as of August 20, 2025, are eligible to vote on the proposals, which include the new agreement approval and potential meeting adjournments.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) has declared a monthly distribution of $0.115 per share for September 2025. The distribution has a record date of September 16, 2025, and will be payable on September 30, 2025.
FINS, managed by Angel Oak Capital Advisors, focuses on U.S. financial sector debt investments, with at least 50% of its portfolio maintained at investment grade quality. The fund may distribute from various sources including net investment income, short-term capital gains, long-term capital gains, or return of capital, with final tax characteristics to be determined at fiscal year-end.
Trevor Montano, a concerned shareholder of Angel Oak Financial Strategies Income Term Trust (NYSE: FINS), has issued a letter urging fellow shareholders to vote AGAINST a new investment advisory agreement with Angel Oak Capital Advisors, LLC at an upcoming Special Meeting. The letter highlights significant concerns, including FINS' share price decline of over 35% since inception in 2019 and poor performance relative to peers.
Key issues include the fund's underperformance in 3- and 5-year returns, Angel Oak receiving more in advisory fees ($20.0M) than net income generated ($9.0M) over FY 2023-2025, and governance concerns regarding unelected trustees. The fund has traded at a persistent discount to NAV since February 2020, with a median discount of 9.4%, more than double the peer median.