clearn.png
Wednesday December 8th, 2021 10:57PM

Angel Oak Dynamic Financial Strategies Income Term Trust Declares February 2021 Distribution

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Feb 1, 2021--

Angel Oak Dynamic Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol DYFN, today declared a distribution of $0.1228 per share for the month of February 2021. The record date for the distribution is February 12, 2021, and the payable date is February 26, 2021. The Fund will trade ex-distribution on February 11, 2021.

The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid 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, a notice will be distributed to shareholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income. The final determination of the source and tax characteristics of these distributions will depend upon the Fund’s investment experience during its fiscal year and will be made after the Fund’s year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.

ABOUT DYFN

Led by Angel Oak’s experienced financial services team, DYFN invests predominantly in U.S. financial sector debt as well as selective opportunities across financial sector preferred and common equity. Under normal circumstances, at least 80% of DYFN’s portfolio will be publicly rated investment grade or, if unrated, judged to be of investment grade quality by Angel Oak.

ABOUT ANGEL OAK CAPITAL ADVISORS, LLC

Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions to its clients. Backed by a value-driven 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 the best opportunities in fixed income, with a specialization in mortgage-backed securities and other areas of structured credit.

Information regarding the Fund and Angel Oak Capital Advisors can be found at .

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

© 2021 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Dynamic Financial Strategies Income Term Trust.

View source version on businesswire.com:

CONTACT: Randy Chrisman

Chief Marketing Officer, Angel Oak Capital Advisors

Email:[email protected]

Phone: 404-953-4969

KEYWORD: GEORGIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES FINANCE CONSULTING BANKING ACCOUNTING

SOURCE: Angel Oak Capital Advisors, LLC

Copyright Business Wire 2021.

PUB: 02/01/2021 04:30 PM/DISC: 02/01/2021 04:30 PM

http://www.businesswire.com/news/home/20210201005857/en

  • Associated Categories: Associated Press (AP), AP Business, AP Online - Georgia News, AP Business Wire - Georgia, AP Business - Financial Markets, AP Business - Industries, AP Business - Financial Services
© Copyright 2021 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Biden asks high court to put off wall, asylum cases
The Biden administration has asked the Supreme Court to put off arguments over two controversial Trump administration policies that have been challenged in court now that President Joe Biden has taken steps to unwind them
4:27PM ( 8 minutes ago )
Stunts in the streets for Venezuelan motorcycle virtuoso
Venezuelan motorcycle trick rider Pedro Aldana battles a lot of challenges these days
4:04PM ( 31 minutes ago )
Oregon 1st state to decriminalize possession of drugs
Police in Oregon can no longer arrest someone for possession of small amounts of heroin, methamphetamine and other drugs
4:03PM ( 32 minutes ago )
Associated Press (AP)
EU seeks to boost credibility despite slow vaccine rollout
The European Union has defended its flagging coronavirus vaccine program, which has come under criticism from the World Health Organization, EU states and recently departed member Britain
3:20PM ( 1 hour ago )
Robinhood raises $3.4B from investors amid surge in trading
Popular online trading platform Robinhood says it has lined up $3.4 billion to help meet its funding requirements
3:16PM ( 1 hour ago )
Biden and GOP senators offer competing COVID-19 relief plans
President Joe Biden and a group of 10 Senate Republicans are offering competing proposals to help the United States respond to the coronavirus pandemic and provide economic relief to businesses and families
3:16PM ( 1 hour ago )
AP Business
Vaccine shortage in Georgia prompts 'pause' in appointments
The Georgia governor's office says that public health departments and other providers are being forced to “pause" appointments for people hoping to get vaccinated against the coronavirus
11:13AM ( 5 hours ago )
Former LSU TE Arik Gilbert chooses Florida as landing spot
Florida landed one of the country’s most coveted transfers Sunday, a likely replacement for star tight end Kyle Pitts
9:16PM ( 19 hours ago )
SEC eager to change perception league is down in stretch run
Rick Barnes has a message for anyone wanting to count out the Southeastern Conference this season
1:09PM ( 1 day ago )
AP Online - Georgia News
AP Business Wire - Georgia
Wall Street's GameStop bug may have mutated; silver surges
The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week appears to have migrated to commodities, sending silver prices surging to an eight-year high
12:11PM ( 4 hours ago )
Silver is the new GameStop: Price boosted by online movement
The price of silver is rallying as the online trading movement fuelling the rise of unloved shares like GameStop took a shine to the precious metal
10:50AM ( 5 hours ago )
Shares up on vaccine supply; silver jumps due to day trading
Global stock markets are up after coronavirus vaccine maker AstraZeneca agreed to provide more doses to Europe amid rising worries about the disease
8:11AM ( 8 hours ago )
AP Business - Financial Markets
The Latest: European Medicines Agency reviews COVID-19 drug
The European Medicines Agency said it has begun an expedited approval process for a combination COVID-19 drug that was granted an emergency use authorization in the U.S. in November
1:50PM ( 2 hours ago )
The Latest: WHO pushes back on Wuhan transparency questions
Officials at the World Health Organization are pushing back against suggestions that the U.N.-led team investigating the origins of the pandemic in China is not getting enough access or data during its ongoing visit to Wuhan
1:15PM ( 3 hours ago )
India farming protests resonate with US agriculture
Images of thousands of farmers streaming into India's capital on tractors and carrying banners to decry potentially devastating changes in agricultural policy can seem a world away to Americans
12:20PM ( 4 hours ago )
AP Business - Industries
Fight The Man: What GameStop's surge says about online mobs
It’s a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store
10:10AM ( 1 day ago )
A new stage: Dr Martens valued at $5 billion in share sale
The Dr. Martens footwear company is set to list on the London Stock Exchange for the first time next week
7:42AM ( 3 days ago )
A new stage: Dr Martens valued $5 billion in share sale
The Dr. Martens footwear company is set to list on the London Stock Exchange for the first time next week
7:36AM ( 3 days ago )
AP Business - Financial Services
Biden asks high court to put off wall, asylum cases
The Biden administration has asked the Supreme Court to put off arguments over two controversial Trump administration policies that have been challenged in court now that President Joe Biden has taken steps to unwind them
4:27PM ( 8 minutes ago )
Stunts in the streets for Venezuelan motorcycle virtuoso
Venezuelan motorcycle trick rider Pedro Aldana battles a lot of challenges these days
4:04PM ( 31 minutes ago )
Oregon 1st state to decriminalize possession of drugs
Police in Oregon can no longer arrest someone for possession of small amounts of heroin, methamphetamine and other drugs
4:03PM ( 32 minutes ago )
The Latest: Canada reports 1st case of South Africa variant
Canada is reporting its first case of a coronavirus variant that emerged in South Africa
4:02PM ( 33 minutes ago )
The Latest: Massachusetts braces for snow's arrival, wind
Massachusetts Gov. Charlie Baker says the state could expect 12 to 18 inches inches of heavy wet snow through the duration of the slow moving snow storm
3:46PM ( 50 minutes ago )