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Angel Oak Financial Strategies Income Term Trust (FINS) announced a distribution of $0.1085 per share for January, February, and March 2021, marking a 7.4% increase from the previous quarter. The record date for the January distribution is January 15, 2021, with a payable date of January 29, 2021. The fund's net asset value (NAV) rose from $18.39 to $18.64 between June and December 2020. Angel Oak projects recovery in the banking sector and expects increased merger and acquisition activity post-pandemic.
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