
Angel Oak Financial Strategies Income Term Trust (the &#34;Fund&#34;), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.115 per share for the month of April

<p xmlns="http://www.w3.org/1999/xhtml">
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 $0.115 per share for the month of April 2026. The record date for the distribution is April 16, 2026, and the payable date is April 30, 2026. The Fund will trade ex-distribution on April 16, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Although the Fund seeks to pay a distribution at a rate that is representative of net investment income actually earned, a portion of each distribution may be treated as paid from sources other than net investment income, including, to the extent permitted by law, 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. Angel Oak does not provide tax advice; shareholders should consult their tax advisor. A return of capital distribution does not necessarily reflect a fund's investment performance and should not be confused with "yield" or "income."

</p><p xmlns="http://www.w3.org/1999/xhtml">
ABOUT FINS

</p><p xmlns="http://www.w3.org/1999/xhtml">
Led by Angel Oak's experienced financial services team, FINS 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 50% of FINS' portfolio is publicly rated investment grade or, if unrated, judged to be of investment grade quality by Angel Oak Capital Advisors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
ABOUT ANGEL OAK CAPITAL ADVISORS, LLC

</p><p xmlns="http://www.w3.org/1999/xhtml">
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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Information regarding the Fund and Angel Oak Capital Advisors can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.angeloakcapital.com&amp;esheet=54476990&amp;newsitemid=20260401715481&amp;lan=en-US&amp;anchor=www.angeloakcapital.com&amp;index=1&amp;md5=c2396a3b021df49fac4d7a8927173b59" shape="rect">www.angeloakcapital.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#xA9; 2026 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260401715481r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260401715481/en/" rel="nofollow">https://www.businesswire.com/news/home/20260401715481/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Company:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Randy Chrisman, Chief Marketing &amp; Corporate IR Officer, Angel Oak Capital Advisors
<br xmlns="http://www.w3.org/1999/xhtml"></br>404-953-4969
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:randy.chrisman@angeloakcapital.com" shape="rect">randy.chrisman@angeloakcapital.com</a>

</p>

FINS

Angel Oak Financial Strategies Income Term Trust Declares April 2026 Distribution

FINS Declares $0.115 Monthly Distribution for April 2026

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Angel Oak Financial Strategies Income Term Trust (the &amp;#34;Fund&amp;#34;), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.115 per share for the month of April</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Angel Oak Financial Strategies Income Term Trust (FINS) announced a distribution of $0.115 per share for April 2026, payable on April 30, following a record date on April 16. A portion of this distribution may involve returns of capital, which could impact investors’ understanding of yield.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>FINS declared a monthly distribution of $0.115 per share for April 2026.</li><li>Record date for distribution is April 16, 2026; payable date April 30, 2026.</li><li>Distributions may include returns of capital, affecting perceived yield.</li><li>At least 50% of FINS&#039; portfolio is investment-grade quality debt.</li><li>Tax implications of distributions will be communicated via Form 1099-DIV.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Angel Oak Capital Advisors (N/A)</strong>: FINS is managed by Angel Oak, critical for understanding its performance.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments as FINS announces distributions, impacting cash flow and investor sentiment. The distribution structure may affect valuation and yield perceptions among investors.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The upcoming ex-distribution date may lead to short-term volatility.</li><li>Tax implications of capital returns could affect investor sentiment.</li><li>The structure of distributions could influence the fund’s perceived attractiveness.</li><li>Investor focus on interest rates may impact demand for FINS&#039;s fixed-income assets.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>FINS will distribute $0.115 per share for April 2026.</li><li>Record date for the distribution is April 16, 2026.</li><li>The payable date for the distribution is April 30, 2026.</li><li>At least 50% of FINS’ portfolio must be rated investment-grade.</li><li>Distribution components will be reported via Form 1099-DIV.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Given the distribution announcement, FINS may experience short-term price support.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
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 $0.115 per share for the month of April 2026. The record date for the distribution is April 16, 2026, and the payable date is April 30, 2026. The Fund will trade ex-distribution on April 16, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Although the Fund seeks to pay a distribution at a rate that is representative of net investment income actually earned, a portion of each distribution may be treated as paid from sources other than net investment income, including, to the extent permitted by law, 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. Angel Oak does not provide tax advice; shareholders should consult their tax advisor. A return of capital distribution does not necessarily reflect a fund's investment performance and should not be confused with "yield" or "income."

</p><p xmlns="http://www.w3.org/1999/xhtml">
ABOUT FINS

</p><p xmlns="http://www.w3.org/1999/xhtml">
Led by Angel Oak's experienced financial services team, FINS 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 50% of FINS' portfolio is publicly rated investment grade or, if unrated, judged to be of investment grade quality by Angel Oak Capital Advisors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
ABOUT ANGEL OAK CAPITAL ADVISORS, LLC

</p><p xmlns="http://www.w3.org/1999/xhtml">
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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Information regarding the Fund and Angel Oak Capital Advisors can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.angeloakcapital.com&amp;esheet=54476990&amp;newsitemid=20260401715481&amp;lan=en-US&amp;anchor=www.angeloakcapital.com&amp;index=1&amp;md5=c2396a3b021df49fac4d7a8927173b59" shape="rect">www.angeloakcapital.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#xA9; 2026 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260401715481r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260401715481/en/" rel="nofollow">https://www.businesswire.com/news/home/20260401715481/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Company:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Randy Chrisman, Chief Marketing &amp; Corporate IR Officer, Angel Oak Capital Advisors
<br xmlns="http://www.w3.org/1999/xhtml"></br>404-953-4969
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:randy.chrisman@angeloakcapital.com" shape="rect">randy.chrisman@angeloakcapital.com</a>

</p>

Angel Oak Financial Strategies Income Term Trust (FINS) announced a distribution of $0.115 per share for April 2026, payable on April 30, following a record date on April 16. A portion of this distribution may involve returns of capital, which could impact investors’ understanding of yield.

Angel Oak Financial Strategies Income Term Trust Declares April 2026 Distribution

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News