SEC Form DEFC14A filed by Angel Oak Financial Strategies Income Term Trust
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
SCHEDULE 14A INFORMATION
Proxy
Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No. )
| Filed by the Registrant | ☒ |
| Filed by a Party other than the Registrant | ☐ |
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material Under to §240.14a-12 |
Angel Oak Financial Strategies Income Term Trust
(Name of Registrant as Specified In Its Charter)
| (Name of Person(s) Filing Proxy Statement, if other than the Registrant) |
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
| ☐ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
| (1) | Title of each class of securities to which transaction applies: | |
| (2) | Aggregate number of securities to which transaction applies: | |
| (3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): | |
| (4) | Proposed maximum aggregate value of transaction: | |
| (5) | Total fee paid: | |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
| (1) | Amount Previously Paid: | |
| (2) | Form, Schedule or Registration Statement No.: | |
| (3) | Filing Party: | |
| (4) | Date Filed: | |
ANGEL OAK CAPITAL ADVISORS #Q 2023 Your Vote Matters Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) Vote Today! Don’t let self - serving individuals take over your Fund . Angel Oak is fighting for you. Vote now and make your voice heard. How to Vote: Use the WHITE proxy card, and vote FOR your experienced nominees. Do NOT vote the GREEN Activist proxy card. 1. New Investment Advisory Agreement between the Fund and the Adviser 2. To Elect Experienced Class II Board Member Nominees 1.1 Keith M. Schappert (FINS board member since 2018) 1.2 Andrea N. Mullins (FINS board member since 2019) 3. Ratification of the selection of Cohen & Company, Ltd. as the Fund’s independent registered public accounting firm. Please do NOT vote, or send back any GREEN proxy card you may receive from Activists. • If you have already sent back the proxy card received from the Activist, you can still change your vote by promptly voting online or by phone by following the instructions on your WHITE proxy card; this will replace any prior vote you previously submitted. • If you have any questions about the proposals to be voted, please contact 800 - 581 - 3783. HOW TO VOTE: • FOR the new Investment Advisory Agreement • FOR the Angel Oak nominees ABSTAIN AGAINST FOR ABSTAIN AGAINST FOR ABSTAIN AGAINST FOR HELP SAVE YOUR FUND FROM ACTIVISTS