Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Thursday, April 16th will be given a dividend of 0.115 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date of this dividend is Thursday, April 16th.
Angel Oak Financial Strategies Income Term Trust Trading Up 0.2%
FINS opened at $12.84 on Tuesday. The business’s 50-day moving average is $12.93 and its two-hundred day moving average is $13.06. Angel Oak Financial Strategies Income Term Trust has a 1 year low of $12.38 and a 1 year high of $13.55.
About Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) is a closed-end, diversified management investment trust that commenced operations in early 2023. Organized as a Delaware statutory trust, FINS is structured with a defined termination date, at which point the trust will liquidate and distribute remaining assets to shareholders. Shares of the trust trade on the New York Stock Exchange, providing investors access to a yield-oriented portfolio through a single security.
The trust seeks to generate current income principally through investments in a broad array of structured credit instruments.
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