Angel Oak Financial Strategies Income Term Trust

FINS invests in investment-grade bank debt with the majority of its portfolio. However, these are in community banks or small-cap non-bank financials, a niche area of the market.

FINS: Discounted Fund Providing Access To A Niche Market

PIMCO Access Income Fund

The income market has rallied strongly over the past couple of months. We highlight securities that have lagged the rally and offer an opportunity in the current environment.

These 8%+ Yielding Income Pockets Remain Attractive Post-Rally

Western Asset Mortgage Opportunity Fund

KKR Income Opportunities Fund

We review CEF market valuation and performance through the third week of January and highlight recent market action. CEFs had another strong week with most sectors seeing both NAV gains and discount tightening.

CEF Weekly Review: Wide Discounts Make Rights Offerings Necessary

BlackRock Taxable Municipal Bond Trust

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

Nuveen Quality Municipal Income Fund

Nuveen Build America Bond Fund

We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row.

CEF Weekly Review: Key CEF Lessons Of 2022

ATLANTA--( BUSINESS WIRE )--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 $0.095 per share for the month of January 2023. The record date for the distribution is January 17, 2023, and the payable date is January 31, 2023. The Fund will trade ex-distribution on January 13, 2023.

Angel Oak Financial Strategies Income Term Trust Declares January 2023 Distribution

Blackstone Strategic Credit Fund

Blackstone Long-Short Credit Income Fund

Blackstone/GSO Senior Floating Rate Term Fund

MFS High Yield Municipal Trust

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

PGIM Global High Yield Fund

We review closed-end fund market valuation and performance through the third week of December and highlight recent market action. CEFs were mixed this week; however, discounts have continued to widen, extending a recent trend.

CEF Weekly Review: Ignore Yield-On-Cost Outside Of Tax Considerations

Western Asset/Claymore Inflation-Linked Securities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund

We review closed-end fund market valuation and performance through the first week of December and highlight recent market action. CEFs had a strong week, with all sectors seeing positive total NAV returns.

CEF Weekly Review: Factors Behind Higher CEF Yields This Year

ATLANTA--( BUSINESS WIRE )--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 $0.095 per share for the month of December 2022. The record date for the distribution is December 16, 2022, and the payable date is December 30, 2022. The Fund will trade ex-distribution on December 15, 2022.

Angel Oak Financial Strategies Income Term Trust Declares December 2022 Distribution

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares November 2022 Distribution.

Angel Oak Financial Strategies Income Term Trust Declares November 2022 Distribution

AllianceBernstein Global High Income Fund Inc

Gabelli Utility Trust

SPDR Bloomberg High Yield Bond ETF

Virtus AllianzGI Convertible & Income Fund II

We review CEF market valuation and performance through the first week of October and highlight recent market action. The CEF space was up on the week, led by higher-beta sectors.

CEF Weekly Review: Be Careful When Evaluating Long-Term Performance

Flaherty & Crumrine Dynamic Preferred & Income Fund

Flaherty & Crumrine Preferred Securities Income Fund Inc

Flaherty & Crumrine Total Return Fund Inc

Nuveen Preferred & Income Term Fund

Flaherty & Crumrine Preferred Income Fund Inc

Flaherty & Crumrine Preferred Income OpportunityFund Inc

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Invesco Senior Income Trust

We review CEF market valuation and performance through the last week of September and highlight recent market action. September was the worst month for CEFs since March of 2020, with a double-digit drop for the broader CEF space.

CEF Weekly Review: Rising Leverage Costs Remain A Headwind For Some Funds

Ares Dynamic Credit Allocation Fund

Western Asset High Yield Defined Opportunity Fund Inc

Nuveen Select Maturity Municipal Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

The market environment of high volatility and rising short-term rates has lowered the income-generating capacity of most CEFs. In this article, we highlight the five types of CEFs whose incomes have either been unaffected or have actually improved this year.

These 5 CEF Types Are Less Vulnerable To The Spike In Short-Term Rates

Golub Capital BDC

Oaktree Specialty Lending

SPDR Bloomberg Short Term High Yield Bond ETF

The Fed made another 75bp hike and remains committed to reining in inflation as quickly as possible. This suggests a "higher for longer" monetary policy rate approach, which would keep the policy rate both high and elevated over the medium term.

Implications Of 'Higher For Longer' Rates For Income Portfolios

PIMCO Dynamic Income Opportunities Fund

The price action in the CEF market has been brutal over the month of September. We highlight some of the broader CEF market indicators to place the current drawdown in context.

CEF Market Update: Where Things Stand In This Drawdown

Apollo Senior Floating Rate Fund

Apollo Tactical Income Fund, Inc.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Western Asset Diversified Income Fund

We review CEF market valuation and performance through the third week of September and highlight recent market action. CEFs had a tough week due to an upside surprise in inflation which pushed nearly all assets lower.

CEF Weekly Review: Why Rising Leverage Costs Are Not To Blame For Low Returns

Janus Detroit Street Trust-Janus Henderson B-BBB CLO ETF

The income market has gyrated widely this year in response to changing market conditions and Fed's stance. We discuss why we didn't chase the June-August rally and why we are now seeing value reemerge in this latest bout of weakness.

Income Opportunities Come Back In The Triple Dip

Nuveen Intermediate Duration Municipal Term Fund

Nuveen Intermediate Duration Quality Municipal Term Fund

We review CEF market valuation and performance through the first full week of September and highlight recent market action. CEFs had a decent week as most of the space was able to easily digest higher Treasury yields.

CEF Weekly Review: What's Behind Loan CEF Discount Underperformance?

Two key trends this year have been a rise in interest rates and a widening in credit spreads. These trends have supported higher-quality, floating-rate assets.

FINS: Why This 8%-Yielding Higher-Quality CEF Is Now A Good Fit

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares September 2022 Distribution

Angel Oak Financial Strategies Income Term Trust Declares September 2022 Distribution

Blackrock Long-Term Municipal Advantage Trust

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

Federated Premier Municipal Income Fund

BlackRock MuniVest Fund Inc

Invesco Municipal Income Opportunities Trust

Pimco Municipal Income Fund

Pimco Municipal Income Fund III

Western Asset Premier Bond Fund

Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationary bust one. That means adding duration and quality.

CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust declares August 2022 distribution.

Angel Oak Financial Strategies Income Term Trust Declares August 2022 Distribution

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Capital Advisors announces results of annual meeting of shareholders of Angel Oak Financial Strategies Income Term Trust.

Angel Oak Capital Advisors Announces Results of Annual Meeting of Shareholders of Angel Oak Financial Strategies Income Term Trust

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust declares December 2021 distribution.

Angel Oak Financial Strategies Income Term Trust Declares December 2021 Distribution

Liberty All-Star Growth Fund

BlackRock 2022 Global Income Opportunity Trust

BlackRock Utilities Infrastructure & Power Opportunities Trust

Central Securities

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

General American Investors

GGM Macro Alignment ETF

Gabelli Go Awhr Registered Shs

Guggenheim Strategic Opportunities Fund

Guggenheim Enhanced Equity Income Fund

Highland Income Fund

New American High Income Fund

Western Asset Investment Grade Defined Opportunity Trust

Nuveen Diversified Dividend And Income Fund

Nuveen Tax-Advantaged Total Return Strategy Fund

Nuveen Tax-Advantaged Dividend Growth Fund

Barings Corporate Investors

Barings Participation Investors

Mexico Equity & Income Fund Inc

Nuveen Municipal Value Fund Inc

15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results.

Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)

ATLANTA--(BUSINESS WIRE)---- $FINS--Angel Oak Financial Strategies Income Term Trust announces preliminary results of rights offering.

News for Angel Oak Financial Strategies Income Term Trust ETF (FINS)