Angel Oak Capital Advisors, LLC, an investment management firm that specializes in value-driven, fixed-income solutions, is pleased to announce that the reorganization of Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE:DYFN) with and into Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) was completed on July 29, 2022 after the close of trading. The reorganization is intended to provide potential benefits to shareholders, including lower operating expenses and greater secondary market liquidity, among other efficiencies. The completed reorganization and related issuance of new shares of FINS, which required approval by shareholders of FINS and satisfaction of appl

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of July 2022. The record date for the distribution is July 15, 2022, and the payable date is July 25, 2022. The Fund will trade ex-distribution on July 14, 2022. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by Secti

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of June 2022. The record date for the distribution is June 16, 2022, and the payable date is June 30, 2022. The Fund will trade ex-distribution on June 15, 2022. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by Secti

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of May 2022. The record date for the distribution is May 17, 2022, and the payable date is May 31, 2022. The Fund will trade ex-distribution on May 16, 2022. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by Section 1

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 proposal to reorganize DYFN with and into FINS. The reorganization is intended to provide potential benefits to shareholders, including lower operating expenses and greater secondary market liquidity, among other things. The proposed reorganization, which is expected to be completed in the second half of 2022, is subject to certain conditions, including necessary approval by FINS's shareholders and the satisfaction of applicable regulatory requirements and other customary closing conditions. The proposed reorganizati

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of April 2022. The record date for the distribution is April 14, 2022, and the payable date is April 29, 2022. The Fund will trade ex-distribution on April 13, 2022. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by S

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of March 2022. The record date for the distribution is March 17, 2022, and the payable date is March 31, 2022. The Fund will trade ex-distribution on March 16, 2022. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by S

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of February 2022. The record date for the distribution is February 14, 2022, and the payable date is February 28, 2022. The Fund will trade ex-distribution on February 11, 2022. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As r

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of January 2022. The record date for the distribution is January 14, 2022, and the payable date is January 31, 2022. The Fund will trade ex-distribution on January 13, 2022. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As requi

Angel Oak Dynamic Financial Strategies Income Term Trust (the "Fund"), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of December 2021. The record date for the distribution is December 17, 2021, and the payable date is December 31, 2021. The Fund will trade ex-distribution on December 16, 2021. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As r