- Angel Oak Financial Strategies Income Term Trust (FINS, Financial) declares a monthly distribution of $0.109 per share for May 2025.
- Record date is set for May 2, 2025, with the payable date on May 30, 2025.
- The fund primarily invests in U.S. financial sector debt with at least 50% of the portfolio rated as investment grade.
Angel Oak Financial Strategies Income Term Trust (FINS) has announced a distribution of $0.109 per share for the month of May 2025. Shareholders should note the critical dates: May 2, 2025, is the record date, and the payable date is May 30, 2025. Trading will occur ex-distribution starting on May 2, 2025.
The Trust focuses on investments in U.S. financial sector debt, alongside selected opportunities in preferred and common equity within the sector. Angel Oak ensures that at least 50% of the portfolio retains investment-grade ratings or an equivalent standard based on their analysis.
The announced distribution may include sources beyond net investment income, encompassing short-term and long-term capital gains, or a return of capital. Shareholders will be informed of the precise tax characteristics at the end of the fiscal year, with a Form 1099-DIV issued for tax reporting purposes under Section 19(a) of the Investment Company Act of 1940.
Angel Oak Capital Advisors, the investment adviser for FINS, emphasizes a value-driven strategy to deliver risk-adjusted returns through stable income and capital appreciation. Investors are advised to consult with their tax advisors regarding the specific implications of this distribution.
