Angel Oak Financial Strategies Income Term Trust Reveals New Distribution Info

Author: Dylan Bailey Updated: 02-03-2025 04:43 PM

Angel Oak Financial Strategies Income Term Trust Announces Distribution

Angel Oak Financial Strategies Income Term Trust, a well-regarded closed-end fund listed on the New York Stock Exchange with the symbol FINS, has announced an upcoming distribution for its shareholders. The recent declaration sets the distribution at $0.109 per share for February. As the financial landscape constantly changes, this move highlights the Fund's ongoing commitment to providing value to its investors.

Understanding Distribution Payments

The distribution, which is scheduled to be paid to shareholders, represents the net investment income that the Fund aims to deliver. It’s important for investors to note that portions of the distribution could also originate from sources other than net investment income, which includes aspects like capital gains or capital return. As mandated by the Investment Company Act, the Fund will notify shareholders if some of the distribution stemmed from these different sources, providing transparency in its operations.

What Investors Should Know

Investors will receive a Form 1099-DIV to clarify how these distributions should be reported for federal income tax purposes. It's crucial to keep in mind that a return of capital doesn’t necessarily reflect the Fund’s investment performance. Therefore, shareholders need to assess these payments carefully and consult with their tax advisors for personalized guidance.

Insights on FINS Investment Strategy

FINS, under the proficient management of Angel Oak's seasoned financial services team, primarily invests in U.S. financial sector debt. This includes a careful selection of both preferred and common equity within the financial realm. The strategic aim is to maintain a portfolio where at least half is composed of publicly rated investment-grade assets or deemed as such by Angel Oak when unrated.

Background on Angel Oak Capital Advisors

Angel Oak Capital Advisors plays an integral role in managing the Fund. This investment management firm is dedicated to offering effective fixed-income investment solutions, driven by a robust values-based approach. Its goal is to achieve an attractive balance of stable income and price appreciation, focusing particularly on mortgage-backed securities and structured credit.

Contact and Further Information

For those looking for additional details regarding the Fund or Angel Oak Capital Advisors, they can find updated information through the investment firm’s official website. It's crucial for investors to stay informed about the various opportunities and strategies employed by the Fund as the markets evolve.

Past performance should not be misconstrued as a guarantee of future results. Investors are encouraged to review the Fund’s objectives, risks, charges, and expenses before committing to any investment. For personalized assistance or inquiries, they are recommended to reach out to their investment representative or Destra Capital Advisors LLC.

Frequently Asked Questions

What is the amount of the distribution declared by the Fund?

The Fund has declared a distribution of $0.109 per share for the upcoming period.

When is the record date for the distribution?

The record date for the distribution is set for February 14, 2025.

What is FINS's investment focus?

FINS primarily invests in U.S. financial sector debt and selectively in preferred and common equity.

How does Angel Oak Capital Advisors contribute?

Angel Oak Capital Advisors manages the Fund to deliver fixed-income investment solutions with a focus on mortgage-backed securities.

Should investors consult tax advisors regarding distribution payments?

Yes, investors are advised to consult with tax advisors for proper tax reporting of their distributions.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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