Skip to main content

Overview


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, if unrated, 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

Objective

The Fund seeks current income with a secondary objective of total return.

As of 5/31/21

30-Day SEC Yields

Subsidized3.52%
Unsubsidized3.29%

Performance


Total Returns

The inception date of the Angel Oak Dynamic Financial Strategies Income Term Trust (DYFN) was 6/26/20. Current performance may be lower or higher than the performance data quoted. Performance quoted is past performance and is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Short-term performance is not a good indication of the Fund’s future performance and an investment should not be made based solely on returns. Performance is net of fees.

Price/NAV History

This chart illustrates the market price and NAV performance of the Angel Oak Dynamic Financial Strategies Income Term Trust (DYFN) since inception on 6/26/20. It assumes reinvestment of capital gains and dividends. This chart is not intended to imply any future performance.

Key Facts

Managed Assets means the total assets of the Fund (including any assets attributable to leverage) minus the sum of accrued liabilities (other than debt representing financial leverage).

Fund Statistics

Distributions


Portfolio


Sector Breakdown

The portfolio is actively managed. Holdings and weightings are subject to change daily and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned. Fund composition is based on net assets. Totals may not equal 100% due to rounding.

Credit Quality

Ratings are subject to change. Unrated consists of corporate bonds that do not have ratings; total may not equal 100% due to rounding. Credit quality distribution is determined by public credit ratings, typically issued by Kroll Bond Rating Agency or Egan Jones who are the two most prevalent credit rating agencies for small cap financial debt securities. If more than one credit rating is presented, an average is determined. Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security.

You are now leaving the Angel Oak Capital and Angel Oak Funds website.

 

Any views expressed on the site you are about to visit, or any articles or interviews therein are those of the participants and are not intended as a forecast or as investment recommendations. Information provided with respect to the Fund’s Portfolio Holdings, Sector Weightings, Number of Holdings, Performance and Expense Ratios are as of the dates described in the article and are subject to change at any time.

 

Multi-Strategy Income Fund Prospectus
Financials Income Fund Prospectus
High Yield Opportunities Fund Prospectus
UltraShort Income Fund Prospectus
Strategic Credit Fund Prospectus

 

Return to the Angel Oak Website to access standardized performance or recent portfolio holdings or positions ( Multi-Strategy Income Fund Performance, Financials Income Fund Performance, High Yield Opportunities Fund Performance, UltraShort Income Fund Performance, Strategic Credit Fund Performance).

 

Important Social Media Disclosures

 

Performance data current to the most recent month-end and quarter-end can be obtained by clicking the links above.

Past performance is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than what is stated.

 

Mutual fund investing involves risk. Principal loss is possible. The Funds can make short sales of securities, which involves the risk that losses in securities may exceed the original amount invested. Leverage, which may exaggerate the effect of any increase or decrease in the value of securities in a Fund’s portfolio on the Fund’s Net Asset Value and therefore may increase the volatility of a Fund. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are increased for emerging markets. Investments in fixed income instruments typically decrease in value when interest rates rise. Derivatives involve risks different from and, in certain cases, greater than the risks presented by more traditional investments. Investments in asset backed and mortgage‐backed securities include additional risks that investors should be aware of, such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Investments in lower‐rated and nonrated securities presents a greater risk of loss to principal and interest than higher‐rated securities. A non‐diversified fund, may be more susceptible to being adversely affected by a single corporate, economic, political or regulatory occurrence than a diversified fund. Funds will incur higher and duplicative costs when it invests in mutual funds, ETFs and other investment companies. There is also the risk that the Funds may suffer losses due to the investment practices of the underlying funds. For more information on these risks and other risks of the Funds, please see the Prospectus.

 

There is no guarantee that this or any investment strategy will succeed; the strategy is not an indicator of future performance; and investment results may vary.

References to other mutual funds should not be interpreted as an offer of these securities.

Fund holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.

Diversification does not guarantee a profit or protect from loss in a declining market.

Indexed annuities are complex, not suitable for all investors, and due to surrender charges it is possible to lose money.

Upside potential may be limited due to participation rates.

The Angel Oak Funds are distributed by Quasar Distributors, LLC.

 

 

Continue

You are now leaving the Angel Oak Capital and Angel Oak Funds website.


Continue

You are now entering Angel Oak’s U.S. mutual funds site. Click Continue to accept.


Continue

You are now entering Angel Oak’s closed-end funds site. Click Continue to accept.


Continue

You are now entering Angel Oak’s U.S. mutual funds site. Click Continue to accept.


Continue

You are now entering Angel Oak’s UCITS site. Click Continue to accept.


Continue

You are now leaving the Angel Oak’s UCITS site.


Continue

You are now entering Angel Oak’s U.S. mutual funds site. Click Continue to accept.


Continue

You are now entering Angel Oak’s Institutional Solutions site. Click Continue to accept.


Continue