Angel Oak Dynamic Financial Strategies Income Term Trust Declares December 2021 Distribution
December 01 2021 - 4:15PM
Business Wire
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 December 2021. The record date for the
distribution is December 17, 2021, and the payable date is December
31, 2021. The Fund will trade ex-distribution on December 16,
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 is 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 www.angeloakcapital.com.
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: https://www.businesswire.com/news/home/20211201006030/en/
Randy Chrisman Chief Marketing & Corporate Investor
Relations Officer O: 404-953-4969 Email:
randy.chrisman@angeloakcapital.com
Angel Oak Dynamic Financ... (NYSE:DYFN)
Historical Stock Chart
From Oct 2024 to Nov 2024
Angel Oak Dynamic Financ... (NYSE:DYFN)
Historical Stock Chart
From Nov 2023 to Nov 2024