FINS: Attractive ~10%+ Distribution Yield But Some Issues To Consider

The Angel Oak Financial Strategies Income Term Fund offers a unique floating-rate, investment-grade portfolio focused on regional bank debt. FINS trades at a narrow -4.72% discount, with a high 10.39% yield, but distribution coverage is weak and likely to deteriorate further as rates fall. Management has increased distributions despite sub-60% NII coverage, aiming to keep the fund's discount tight at the expense of potential NAV erosion over time.

Seeking Alpha • Feb 9, 2026

Angel Oak Financial Strategies Income Term Trust Declares February 2026 Distribution

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares February 2026 Distribution.

Business Wire • Feb 2, 2026

Angel Oak Financial Strategies Income Term Trust Declares January 2026 Distribution

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust declares January 2026 distribution.

Business Wire • Jan 2, 2026

Angel Oak Financial Strategies Income Term Trust Declares December 2025 Distribution

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares December 2025 Distribution.

Business Wire • Dec 1, 2025

FINS: Distribution Increased, But Discount Narrows, Making It Less Appealing

The Angel Oak Financial Strategies Income Term Fund offers unique exposure to primarily investment-grade with a niche toward financial sector debt. FINS completed a rights offering earlier this year, which caused the fund to see its discount widen before narrowing back to a less appealing level more recently. The fund increased its monthly distribution to $0.115 per month, resulting in a 10.44% yield, though coverage remains rather weak for a fixed-income fund.

Seeking Alpha • Nov 13, 2025

Angel Oak Financial Strategies Income Term Trust Declares November 2025 Distribution

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares November 2025 Distribution.

Business Wire • Nov 3, 2025

Angel Oak Financial Strategies Income Term Trust Reports Brookfield Asset Management Ltd. Acquires a Majority of Angel Oak Companies, LP

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust reports Brookfield Asset Management Ltd. acquires a majority of Angel Oak Companies, LP.

Business Wire • Oct 2, 2025

Angel Oak Financial Strategies Income Term Trust Declares October 2025 Distribution

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financials Strategies Income Term Trust declares October 2025 distribution.

Business Wire • Oct 1, 2025

Angel Oak Financial Strategies Income Term Trust Announces Shareholder Approval of its New Investment Advisory Agreement

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust announces shareholder approval of its new investment advisory agreement.

Business Wire • Sep 29, 2025

Angel Oak Financial Strategies Income Term Trust Announces Recommendations to Vote “FOR” its New Investment Advisory Agreement from ISS, Glass Lewis and Egan-Jones

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust Announces Recommendations to Vote “FOR” its New Investment Advisory Agreement.

Business Wire • Sep 12, 2025