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: | |
Subject: Urgent: Support Needed for FINS Shareholder Proposals
[Adviser’s Name],
I am reaching out to request your critical support on behalf of the Angel Oak Financial Strategies Income Term Trust (FINS). Recently shareholders of FINS received proxy information regarding the Fund's upcoming annual meeting on June 26, 2025, which includes two key proposals:
- Approval of a new investment advisory agreement with Angel Oak Capital Advisors, LLC (the Fund’s adviser since inception), and
- Re-election of two incumbent Independent Trustees with longstanding experience and commitment to shareholder interests.
Given your influence and relationship with shareholders, your assistance is crucial. We ask that you:
- Encourage clients to vote all proposals using the WHITE proxy card.
- Ensure clients understand they can change a prior vote by submitting a new WHITE proxy card.
Here are the phone numbers shareholders can use to vote and/or look up their Control #:
| • | Automated vote: |
| o | 888-227-9349 |
| o | Requires a Control # |
| • | Live rep if they don’t know their Control # |
| o | 800-581-3783 |
| o | They can look up the Control # but not accept votes |
If you or your clients have any questions, please contact EQ Fund Solutions at 800-581-3783 (M–F, 9:00 AM–10:00 PM ET).
Thank you in advance for your partnership and continued support of the Fund and its long-term success.