FMP
Angel Oak Financial Strategies Income Term Trust
FINS
NYSE
Angel Oak Financial Strategies Income Term Trust is a closed-end investment fund. Its objective is to seek current income with a secondary objective of total return. The Fund utilizes a banking sector debt-centric strategy, which exhibits low historical correlations to other areas of the market. The company was founded on June 14, 2018 and is headquartered in Atlanta, GA.
13.04 USD
-0.028 (-0.215%)
24/7 Wall Street
May 12, 2024
Stock #6 : Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) Yield: 10.55% Number of shares for $20,000: 1,739 Monthly Dividend Income:~$175.83 Balanced funds offer both capital appreciation potential as well as the safety and income aspects of bonds.
Seeking Alpha
Jan 3, 2024
The Angel Oak Financial Strategies Income Term Trust offers a current yield of 10.98%, which compares favorably to other income-focused investments. The fund's historical performance has been disappointing, with a decline of 40.45% since its inception in May 2019. The fund primarily invests in debt securities issued by community banks, which may appeal to investors looking to support local communities. However, the fund's performance history and lack of transparency make it unattractive for new ...
Seeking Alpha
May 14, 2023
We review CEF market valuation and performance through the first week of May and highlight recent market action. CEFs were relatively weak as rising credit spreads and residual unease about the banking sector pushed prices lower.
Seeking Alpha
Mar 31, 2023
The ongoing crisis in the banking sector has already delivered some long-lasting consequences for markets and the broader economy. We take a look at the direct implications for income investors.
Seeking Alpha
Feb 16, 2023
FINS invests in investment-grade bank debt with the majority of its portfolio. However, these are in community banks or small-cap non-bank financials, a niche area of the market.
Seeking Alpha
Feb 13, 2023
The income market has rallied strongly over the past couple of months. We highlight securities that have lagged the rally and offer an opportunity in the current environment.
Seeking Alpha
Jan 29, 2023
We review CEF market valuation and performance through the third week of January and highlight recent market action. CEFs had another strong week with most sectors seeing both NAV gains and discount tightening.
Seeking Alpha
Jan 21, 2023
We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row.
Seeking Alpha
Dec 9, 2022
We review closed-end fund market valuation and performance through the first week of December and highlight recent market action. CEFs had a strong week, with all sectors seeing positive total NAV returns.
Seeking Alpha
Oct 16, 2022
We review CEF market valuation and performance through the first week of October and highlight recent market action. The CEF space was up on the week, led by higher-beta sectors.