Angel Oak

Angel Oak Financial Strategies Income Term Trust Declares April 2024 Distribution

Retrieved on: 
Monday, April 1, 2024

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of April 2024.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of April 2024.
  • The record date for the distribution is April 16, 2024, and the payable date is April 30, 2024.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • © 2024 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Delivers New Solutions for Insurance Companies Seeking Residential Mortgage Credit Exposure

Retrieved on: 
Wednesday, March 6, 2024

Angel Oak Capital Advisors LLC , an investment management firm that specializes in value-driven structured credit investing, announces the launch of its specialized insurance solutions initiative designed to give insurance companies access to newly originated and secondary residential mortgage whole loans, primarily via customized separately managed accounts (SMAs).

Key Points: 
  • Angel Oak Capital Advisors LLC , an investment management firm that specializes in value-driven structured credit investing, announces the launch of its specialized insurance solutions initiative designed to give insurance companies access to newly originated and secondary residential mortgage whole loans, primarily via customized separately managed accounts (SMAs).
  • This opportunity comes at a time when insurance companies are seeking diverse, higher-yielding solutions, branching out from traditional corporate bond and commercial real estate exposure.
  • “Since inception, Angel Oak has served many insurance companies, identifying and addressing the specific challenges they encounter,” said Sreeni Prabhu, co-CEO and managing partner of Angel Oak.
  • Spearheading this initiative are Manish Valecha, head of client solutions at Angel Oak, and Bernard Dzata, managing director, institutional business development.

Angel Oak Financial Strategies Income Term Trust Declares March 2024 Distribution

Retrieved on: 
Friday, March 1, 2024

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of March 2024.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of March 2024.
  • The record date for the distribution is March 14, 2024, and the payable date is March 28, 2024.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • © 2024 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Financial Strategies Income Term Trust Declares February 2024 Distribution

Retrieved on: 
Thursday, February 1, 2024

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of February 2024.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of February 2024.
  • The record date for the distribution is February 15, 2024, and the payable date is February 29, 2024.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • © 2024 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Capital Advisors Continues Success With ETF Platform as Angel Oak Income ETF Crosses $100 Million in Assets Under Management

Retrieved on: 
Wednesday, January 24, 2024

Angel Oak Capital Advisors LLC (Angel Oak), an investment management firm that specializes in value-driven structured credit, announced that the firm continues to find traction in its fast-growing exchange-traded fund platform with the Angel Oak Income ETF (NYSE: CARY) crossing $100 million in assets under management.

Key Points: 
  • Angel Oak Capital Advisors LLC (Angel Oak), an investment management firm that specializes in value-driven structured credit, announced that the firm continues to find traction in its fast-growing exchange-traded fund platform with the Angel Oak Income ETF (NYSE: CARY) crossing $100 million in assets under management.
  • The firm launched its first ETF in October 2022 and now has more than $220 million in assets across CARY and UYLD (Angel Oak UltraShort Income ETF, the firm’s short-duration credit ETF), and oversees approximately $350 million through its sub-advisory service.
  • With a moderate-duration profile, CARY serves as an income solution for advisers and institutions seeking access to the unique asset class of non-agency residential mortgage-backed securities in a highly liquid format.
  • The fund also provides exposure to other structured credit assets, including consumer asset-backed securities, collateralized loan obligations, and agency RMBS.

Angel Oak Capital Advisors Names Namit Sinha as Chief Investment Officer

Retrieved on: 
Friday, January 12, 2024

Angel Oak Capital Advisors, LLC (“Angel Oak”), announces that Namit Sinha, who served as co-CIO overseeing the firm’s private strategies, has been named CIO of Angel Oak Capital where he will lead the firm’s public and private investment strategies alongside Angel Oak Capital Co-CEO and Group CIO Sreeni Prabhu.

Key Points: 
  • Angel Oak Capital Advisors, LLC (“Angel Oak”), announces that Namit Sinha, who served as co-CIO overseeing the firm’s private strategies, has been named CIO of Angel Oak Capital where he will lead the firm’s public and private investment strategies alongside Angel Oak Capital Co-CEO and Group CIO Sreeni Prabhu.
  • Mr. Sinha has served as the Chief Investment Officer of the firm’s private strategies division since February 2020 and has more than 20 years of experience in fixed income products, specifically mortgage and structured credit.
  • “Namit will serve as an excellent CIO for Angel Oak Capital Advisors and brings valuable insight from the private strategies side that will be instrumental in leading the full investment management team and charting the investment landscape for 2024 and beyond,” said Prabhu.
  • “We’re extremely appreciative of Sam’s and Colin’s dedication to growing Angel Oak for more than a decade, as they’ve helped turn Angel Oak into a global leader in structured credit solutions,” said Prabhu.

Angel Oak Financial Strategies Income Term Trust Declares January 2024 Distribution

Retrieved on: 
Tuesday, January 2, 2024

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of January 2024.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of January 2024.
  • The record date for the distribution is January 17, 2024, and the payable date is January 31, 2024.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • © 2024 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Capital Advisors Hires Institutional CRE Veteran, Sumit Sasidharan, to Lead and Expand Commercial Real Estate Lending and Vehicle Launches

Retrieved on: 
Tuesday, December 5, 2023

Angel Oak Capital Advisors LLC , an investment management firm that specializes in value-driven structured credit, has proudly announced the hiring of Sumit Sasidharan to serve as its head of commercial real estate.

Key Points: 
  • Angel Oak Capital Advisors LLC , an investment management firm that specializes in value-driven structured credit, has proudly announced the hiring of Sumit Sasidharan to serve as its head of commercial real estate.
  • Sasidharan will lead the firm’s CRE platform, focusing primarily on growing Angel Oak’s CRE fund offerings at an institutional level while also managing and expanding the firm’s permanent and bridge-loan financing solutions.
  • In addition to overseeing approximately $300 million in CRE loans under Angel Oak’s existing lending platform and various private strategies, Sasidharan will continue Angel Oak’s active presence in the commercial mortgage-backed securities market.
  • He also intends to explore new strategies aimed at raising capital that will be deployed opportunistically in the debt and equity CRE markets in 2024 and beyond.

Angel Oak Financial Strategies Income Term Trust Declares December 2023 Distribution

Retrieved on: 
Friday, December 1, 2023

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of December 2023.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of December 2023.
  • The record date for the distribution is December 15, 2023, and the payable date is December 29, 2023.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • © 2023 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

Angel Oak Financial Strategies Income Term Trust Declares November 2023 Distribution

Retrieved on: 
Wednesday, November 1, 2023

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of November 2023.

Key Points: 
  • Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of November 2023.
  • The record date for the distribution is November 16, 2023, and the payable date is November 30, 2023.
  • The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned.
  • © 2023 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.