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The Boards of Trustees of Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) and Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE: DYFN) have approved a reorganization proposal to merge DYFN into FINS. This move aims to lower operating expenses and enhance liquidity for shareholders. The reorganization, expected to finalize in the second half of 2022, requires shareholder approval and regulatory compliance. The investment strategies of FINS will remain unchanged post-merger.
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