Articles from Angel Oak Capital Advisors, LLC

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of January 2025. The record date for the distribution is January 17, 2025, and the payable date is January 31, 2025. The Fund will trade ex-distribution on January 17, 2025.

Angel Oak Capital Advisors, LLC, a leader in value-driven structured credit investing, announced the issuance of AOMT 2024-8, a $413.4 million securitization, and notably the firm’s 50th non-agency mortgage securitization. Since 2015, when Angel Oak sparked the revival of residential credit securitizations with its first issuance, the firm has securitized approximately $18.5 billion in non-qualified mortgage loans — via more than 42,000 individual loans — through the AOMT shelf.

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of July 2024. The record date for the distribution is July 17, 2024, and the payable date is July 31, 2024. The Fund will trade ex-distribution on July 17, 2024.

Angel Oak Capital Advisors, LLC (Angel Oak), a leading investment management firm focused on securitized credit investing, announced that its exchange-traded fund (ETF) platform, composed of its four actively managed fixed income ETFs and its sub-advisory services, has surpassed $1 billion in assets under management (AUM) since launching in November 2022.

Angel Oak Capital Advisors, LLC, an investment management firm that specializes in value-driven structured credit investing, announced the completed conversions of two of its mutual funds to exchange-traded funds. The Angel Oak High Yield Opportunities Fund, which, as of 1/31/24, received a 5-Star Overall Morningstar Rating based on risk-adjusted returns out of 614 high yield bond funds, and the Angel Oak Total Return Bond Fund are ETFs as of February 16. The funds’ new names are Angel Oak High Yield Opportunities ETF (NYSE: AOHY) and Angel Oak Mortgage-Backed Securities ETF (NYSE: MBS), respectively.

Angel Oak Capital Advisors, LLC (“Angel Oak”), announces that Namit Sinha, who served as co-CIO overseeing the firm’s private strategies, has been named CIO of Angel Oak Capital where he will lead the firm’s public and private investment strategies alongside Angel Oak Capital Co-CEO and Group CIO Sreeni Prabhu. In tandem, Senior Portfolio Manager, Clayton Triick, CFA, will move to Head of Portfolio Management of Public Strategies. Both Mr. Triick and Mr. Sinha’s promotions will become effective March 31, 2024.

Angel Oak Capital Advisors, LLC (“Angel Oak”) today announced the issuance of AOMT 2023-7, an approximately $397 million securitization and the firm’s first non-agency RMBS securitization to leverage Brightvine’s blockchain-powered data management platform. The senior tranche of AOMT 2023-7 received a AAA rating from Fitch Ratings.

Angel Oak Capital Advisors, LLC (“Angel Oak”) today announced the issuance of AOMT 2023-1, an approximately $580.5 million securitization backed in part by loans originated by Angel Oak affiliated lending companies. The senior tranche of the AOMT 2023-1 received a AAA rating from Fitch Ratings.

Angel Oak Capital Advisors, an investment management firm that specializes in value-driven structured credit, is excited to announce the launch of the Angel Oak UltraShort Income ETF (NYSE: UYLD). The firm’s first exchange-traded fund, which complements its existing lineup of mutual funds and private strategies, provides investors a unique opportunity to invest in short-duration structured credit assets and cash-like instruments that seek to provide higher yield without sacrificing credit quality.

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of August 2022. The record date for the distribution is August 17, 2022, and the payable date is August 31, 2022. The Fund will trade ex-distribution on August 16, 2022.

Angel Oak Capital Advisors, LLC, an investment management firm that specializes in value-driven, fixed-income solutions, is pleased to announce that the reorganization of Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE: DYFN) with and into Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) was completed on July 29, 2022 after the close of trading. The reorganization is intended to provide potential benefits to shareholders, including lower operating expenses and greater secondary market liquidity, among other efficiencies.

The annual meeting of shareholders of Angel Oak Financial Strategies Income Term Trust (FINS), a Delaware statutory trust, was held on June 30, 2022. At the meeting, shareholders voted on the proposals set forth below:

The Boards of Trustees of Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) and Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE: DYFN) have approved a proposal to reorganize DYFN with and into FINS. The reorganization is intended to provide potential benefits to shareholders, including lower operating expenses and greater secondary market liquidity, among other things.

Angel Oak Capital Advisors, LLC, an investment management firm specializing in value-driven structured credit, is pleased to announce it has completed AOMT 2021-8, a $418.16 million non-agency securitization. AOMT 2021-8 lifts Angel Oak’s lifetime securitization issuance to well over $10 billion, cementing the company as a leader in the non-qualified mortgage securitization market and highlighting sustained demand from institutional investors.

Angel Oak Capital Advisors, LLC (Angel Oak), an investment management firm specializing in value-driven structured credit products, announces the completion of AOMT 2021-2, the first non-agency, mortgage-backed securitization issued in the U.S. that qualifies as a social bond.