Angel Oak Financial Strategies Income Term Trust
Market Movers (8-K)
NYSE
Angel Oak Financial Strategies Income Term Trust successfully closed a $50 million private offering of Series A Mandatorily Redeemable Preferred Shares and a $40 million offering of Series C Senior Notes.
Capital raise
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Angel Oak Financial Strategies Income Term Trust announced a delay in its annual shareholder meeting and a reduction in the shareholder and trustee vote threshold for removing a trustee for cause.
Delay expected
NYSE
Brookfield Asset Management Ltd. has acquired a majority stake in Angel Oak Companies, LP, the parent of Angel Oak Financial Strategies Income Term Trust's investment adviser, with no material changes expected to the Fund's day-to-day management or investment strategies.
NYSE
Angel Oak Financial Strategies Income Term Trust (FINS) successfully completed an oversubscribed rights offering, raising $110.4 million, which is being deployed into higher-coupon bank debt amidst favorable market conditions.
Capital raise
Better than expected
NYSE
Angel Oak Financial Strategies Income Term Trust (FINS) successfully completed its rights offering, raising approximately $110.4 million through the issuance of 8,354,213 common shares.
Better than expected
Capital raise
NYSE
Angel Oak Financial Strategies Income Term Trust (FINS) initiates a rights offering to allow existing shareholders to purchase additional common shares.
Capital raise
Insider Trading (Form 4)
NYSE
MetLife Investment Management, LLC has acquired a significant principal amount of Angel Oak Financial Strategies Income Term Trust's Series C Senior Unsecured Notes.
NYSE
Angel Oak Financial Strategies Income Term Trust Director Ira P Cohen has established a Rule 10b5-1 plan to acquire 379 shares of common stock at $13.17 per share on February 20, 2026.
Better than expected
NYSE
An Angel Oak Capital Advisors principal acquired 9,203 shares of Angel Oak Financial Strategies Income Term Trust common stock at $12.88 per share.
Delay expected
NYSE
Michael Fierman, an Investment Adviser Principal, increased his beneficial ownership in Angel Oak Financial Strategies Income Term Trust through multiple common stock purchases.
Better than expected
NYSE
Angel Oak Financial Strategies Income Term Trust director Andrea Mullins reported an intended future purchase of 7,585 shares of common stock.
NYSE
Angel Oak Financial Strategies Income Term Trust's Chief Compliance Officer, William Eldredge, acquired 1,920 shares of common stock.
Proxy Statements (Def-14A)
NYSE
Leading independent proxy advisory firms ISS, Glass Lewis, and Egan-Jones unanimously recommend Angel Oak Financial Strategies Income Term Trust shareholders approve the new investment advisory agreement.
NYSE
Angel Oak Financial Strategies Income Term Trust shareholders will vote on a new advisory agreement, substantially identical to the current one, following Brookfield's investment in Angel Oak Capital Advisors.
NYSE
Angel Oak Financial Strategies Income Term Trust files an investor presentation urging shareholders to approve a new investment advisory agreement following Brookfield's acquisition of a majority interest in Angel Oak Capital Advisors.
NYSE
Angel Oak Financial Strategies Income Term Trust files definitive proxy for a special meeting to approve a new investment advisory agreement following Brookfield's majority investment in Angel Oak Capital Advisors.
NYSE
Angel Oak Financial Strategies Income Term Trust is seeking shareholder approval for a new investment advisory agreement following Brookfield Asset Management's acquisition of a majority stake in its adviser's parent company.
Delay expected
Capital raise
NYSE
Angel Oak Financial Strategies Income Term Trust (FINS) has issued a definitive proxy statement to correct the record regarding statements made by dissident shareholder Trevor Montano, defending its board, governance, and management decisions.
Schedule 13D - Activist Investments
NYSE
SCHEDULE: Karpus Management Reports 16.50% Ownership in Angel Oak Financial Strategies Income Term Trust
Karpus Management, Inc. has filed a Schedule 13D disclosing beneficial ownership of 5,513,520.11 common shares, representing 16.50% of Angel Oak Financial Strategies Income Term Trust.
Schedule 13G - Passive Investments
NYSE
MetLife Investment Management, LLC has filed a Schedule 13G reporting beneficial ownership of 100% of the Series A Mandatory Redeemable Preferred Shares of Angel Oak Financial Strategies Income Term Trust.
NYSE
Karpus Management, Inc. has filed a Schedule 13G, reporting beneficial ownership of 4,697,846 shares, representing 14.06% of the outstanding common stock of Angel Oak Financial Strategies Income Term Trust.
NYSE
Karpus Management, Inc. has reported a 15.48% beneficial ownership stake in Angel Oak Financial Strategies Income Term Trust, holding 5,174,490 common shares.
NYSE
Wells Fargo & Company has filed an amended Schedule 13G, disclosing a 4.1% beneficial ownership stake in Angel Oak Financial Strats Income Term.
NYSE
SCHEDULE 13G/A: Sit Investment Associates Discloses 28.7% Stake in Angel Oak Financial Strategies Income Term Trust
Sit Investment Associates, Inc. and its subsidiary, Sit Fixed Income Advisors II, LLC, have filed an amended Schedule 13G disclosing a combined beneficial ownership of 28.7% of Angel Oak Financial Strategies Income Term Trust's common stock.
NYSE
Wells Fargo & Company has filed a Schedule 13G, revealing a 5.4% beneficial ownership stake in Angel Oak Financial Strats Income Term, held for ordinary course of business.