Angel Oak Financial Strategies Income Term Trust (FINS)

• Market cap: $329M
• 1 day: 0.23%
• 5 days: -0.91%
• 1 month: -2.24%
• 3 months: 0.46%
• 6 months: -1.28%
• Year to date: 2.34%
• 1 year: 5.81%
• 5 years: -23.54%
• 10 years: -34.40%
• Sector: Financials
• Industry: Asset Management

About: Angel Oak Financial Strats Income Term is a non-diversified, closed-end management investment company. The fund's objective is to seek current income with a secondary objective of total return. In pursuing its investment objective, the fund invests mainly in debt issued by financial institutions, including subordinated debt, unrated debt, senior debt, and high-yield securities.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

9% more funds holding

Funds holding: 35 [Q3] → 38 (+3) [Q4]

8% more capital invested

Capital invested by funds: $167M [Q3] → $180M (+$12.8M) [Q4]

6.07% more ownership

Funds ownership: 50.42% [Q3] → 56.49% (+6.07%) [Q4]