Income

Angel Oak Financial Strategies Income Term Trust Announces April 2022 Distribution

ATLANTA–(BUSINESS WIRE)–Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund listed on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1085 per share for the month of April 2022. the record date for distribution is April 14, 2022 and the payment date is April 29, 2022. The Fund will trade ex-distribution on April 13, 2022.

The Fund seeks to pay a distribution at a rate that reflects the net investment income actually earned. A portion of each distribution may be considered to arise from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital . As required by section 19(a) of the Investment Company Act of 1940, notice will be distributed to shareholders in the event that part of a monthly distribution is derived from sources other than undistributed net investment income . The final determination of the source and tax characteristics of such distributions will depend on the Fund’s investment experience during its fiscal year and will be made after the end of the Fund’s fiscal year. The Fund will send investors a Form 1099-DIV for the calendar year which will set out how to report such distributions for federal income tax purposes.

ABOUT THE FINS

Led by Angel Oak’s experienced financial services team, FINS invests primarily in US financial sector debt as well as selective opportunities in financial sector preferred and common stock. Under normal circumstances, at least 50% of the FINS portfolio is rated investment grade by the public or, if not rated, deemed investment grade by Angel Oak.

ABOUT ANGEL OAK CAPITAL ADVISORS, LLC

Angel Oak Capital Advisors is an investment management firm focused on providing attractive fixed income investment solutions to its clients. Using a value-oriented approach, Angel Oak Capital Advisors seeks to deliver attractive risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks out the best opportunities in fixed income securities, with a specialization in mortgage-backed securities and other areas of structured credit.

Information about the Fund and Angel Oak Capital Advisors is available at www.angeloakcapital.com.

Past performance is neither indicative nor a guarantee of future results. Investors should carefully consider the investment objective and policies, risk considerations, fees and ongoing expenses of an investment before investing. For more information, please contact your investment representative or Destra Capital Advisors LLC at 877.855.3434.

© 2022 Angel Oak Capital Advisors, which is the investment advisor to Angel Oak Financial Strategies Term Income Trust.