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 (FINS) reports developments for a non-diversified closed-end management investment company focused on current income and total return. The Fund invests predominantly in U.S. financial sector debt and may also hold selective financial sector preferred and common equity, with a stated emphasis on investment-grade debt or comparable unrated investments under normal conditions.
Recurring news for FINS centers on fund governance, shareholder votes, advisory-agreement matters, capital actions and NAV-related commentary. Recent company updates also cover the completed change of control at the parent of Angel Oak Capital Advisors, LLC, the Fund’s investment adviser, and the shareholder-approved advisory agreement related to that adviser-level change.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) declared a $0.115 per share distribution for June 2026. The record and ex-distribution date is June 16, 2026, with payment on June 30, 2026.
Distributions may include net investment income, capital gains, or return of capital, with final tax character reported on Form 1099-DIV.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) closed a $50 million private offering of A3-rated Series A mandatorily redeemable preferred shares due April 30, 2031, and arranged a $40 million A1-rated 5.364% Series C Senior Notes issuance due July 8, 2030.
Proceeds will mainly refinance existing debt, including 2.35% Series A Notes maturing July 8, 2026, and fund new portfolio investments. The annual shareholder meeting is set for September 25, 2026, with a July 10, 2026 record date and multiple board and governance proposals on the agenda.
Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) declared a monthly distribution of $0.115 per share for May 2026. The record date is May 15, 2026, payable May 29, 2026, and the fund will trade ex-distribution on May 15, 2026.
A portion of the distribution may be sourced from short- or long-term capital gains or return of capital; final tax characterizations will be reported on Form 1099-DIV after year end. Investors should consult tax advisors.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) declared a $0.115 per share distribution for April 2026. The record date and ex-distribution date are April 16, 2026, and the payable date is April 30, 2026. The fund may classify portions of distributions as short-term capital gain, long-term capital gain, or return of capital, with final tax characterization determined after fiscal year end. Form 1099-DIV will define federal tax reporting; shareholders should consult tax advisors.
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) declared a $0.115 per share distribution for March 2026. The record date is March 17, 2026, with a payable date of March 31, 2026; FINS will trade ex-distribution on March 17, 2026.
The fund cautioned that a portion of the distribution may be sourced from short- or long-term capital gains or return of capital; final tax characterizations will be reported on Form 1099-DIV after year end.
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.