Dynamic Financial Strategies Income Term Trust

Overview

FOCUSING ON FINANCIAL SECTOR DEBT

The Angel Oak Dynamic Financial Strategies Income Term Trust is a closed-end fund that seeks current income with a secondary objective of total return. The Fund is designed to identify compelling opportunities in U.S. financial sector debt. The investment highlights of the Fund include:

  • Focus on high-quality credit with at least 80% of the portfolio rated investment grade, or unrated, but judged to
    be of investment grade quality by Angel Oak
  • Access to a niche market segment
  • Attractive relative value opportunity as financial sector debt has lagged the broader investment grade rebound
  • Asset class duration historically uncorrelated to interest rates
  • Benefits from Angel Oak’s extensive resources and expertise in actively managing financial sector debt investments

Performance

Ex-Date  Record Date Payable Date   Distribution ($/share) ST Cap Gains ($/share) LT Cap Gains ($/share)
8/14/2020 8/17/2020 8/28/2020   0.1131
9/15/2020 9/16/2020 9/30/2020   0.1131
Total 2020       0.2262    

*Monthly dividend per share annualized and divided by the monthly market price per share. The Fund’s distributions were comprised of net investment income and short-term capital gains. The distribution rate alone is not indicative of Fund performance. To the extent that any portion of the current distributions were estimated to be sourced from something other than income, such as return of capital, the source will be disclosed.

Management Team

Johannes Palsson

Johannes Palsson

Senior Portfolio Manager

Investment industry since 1996 
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Navid Abghari

Navid Abghari

Senior Portfolio Manager

Investment industry since 2005 
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Cheryl Pate

Cheryl Pate, CFA®

Portfolio Manager

Investment industry since 2006 
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Kevin Parks

Kevin Parks

Portfolio Manager

Investment industry since 2009
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Fund Facts

Term Sheet Summary
Tax Reporting Form 1099
Term 15 Years
Credit Strategy Active, fundamental relative value
Investment Category Investment Grade Credit
Benchmark Bloomberg Barclays U.S. Aggregate Bond Index

 

Fund Materials

DocumentS