# EDGAR Filing Document

**Accession Number:** 0001745059
**File Stem:** 0001999371-25-007402
**Filing Date:** 2025-6
**Character Count:** 6120
**Document Hash:** bafdb43027d74e0f98a2992f718fdc24
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-007402.hdr.sgml**: 20250609

**ACCESSION NUMBER**: 0001999371-25-007402

**CONFORMED SUBMISSION TYPE**: DEFC14A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20250609

**DATE AS OF CHANGE**: 20250606

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Angel Oak Financial Strategies Income Term Trust
- **CENTRAL INDEX KEY:** 0001745059

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** DEFC14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-23358
- **FILM NUMBER:** 251032421

**BUSINESS ADDRESS:**
- **STREET 1:** 3060 PEACHTREE RD SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
- **BUSINESS PHONE:** 404-637-0412

**MAIL ADDRESS:**
- **STREET 1:** 3060 PEACHTREE RD SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Angel Oak Financial Strategies Income Term Trust
- **CENTRAL INDEX KEY:** 0001745059

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** DEFC14A

**BUSINESS ADDRESS:**
- **STREET 1:** 3060 PEACHTREE RD SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305
- **BUSINESS PHONE:** 404-637-0412

**MAIL ADDRESS:**
- **STREET 1:** 3060 PEACHTREE RD SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30305

**UNITED STATES**<br> **SECURITIES AND EXCHANGE COMMISSION**<br> **Washington, D.C. 20549**

**SCHEDULE 14A**

**SCHEDULE 14A INFORMATION**

Proxy Statement Pursuant to Section 14(a) of<br> the Securities Exchange Act of 1934 (Amendment No.)

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☒ Definitive Proxy Statement

☐ Definitive Additional Materials

☐ Soliciting Material Under to §240.14a-12

**ANGEL OAK FINANCIAL STRATEGIES <br> INCOME TERM TRUST**

(Name of Registrant as Specified In Its Charter)

  <br> (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

<br> ☒ No fee required. <br> ☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1) Title
 of each class of securities to which transaction applies:

(2) Aggregate
 number of securities to which transaction applies:

(3) Per
 unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which
 the filing fee is calculated and state how it was determined):

(4) Proposed
 maximum aggregate value of transaction:

(5) Total
 fee paid:

☐ Fee paid previously with preliminary materials.

☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

(1) Amount
 Previously Paid:

(2) Form,
 Schedule or Registration Statement No.:

(3) Filing
 Party:

(4) Date
 Filed:

![](finsdefa14a001.jpg)

June 6, 2025

**ANGEL OAK FINANCIAL STRATEGIES INCOME TERM TRUST**

Dear Shareholder,

It is important that you protect your Fund, the Angel Oak Financial Strategies Income Term Trust (FINS), against an activist investor during your annual shareholder meeting on June 26, 2025.

Your experienced Board and Angel Oak are fighting for you and <br> recommend that you vote using the **<u>WHITE</u>** proxy card in favor of:

**Superior Performance** 

including consistent distribution resulting in a 11.54% cumulative total return

on NAV since inception, per Bloomberg as of May 31, 2025, as well as a coveted 5-Star Rating from Morningstar.

**Executing on a Plan for Shareholders:** 

**Increasing Liquidity, Lowering Costs, and Reducing NAV Discount**

including two rights offerings, two fund acquisitions, increased distribution rate, voluntary management fee waivers and <br> reduced NAV discount

**Continuity of Your Experienced Portfolio Management Team** 

including a former community bank CFO and former sell-side financial sector research analyst, <br> who have successfully managed your Fund since inception and delivered best-in-class returns.

**Successful and Oversubscribed Rights Offerings** 

exercised primarily by existing FINS shareholders, indicating a vote of confidence in Angel Oak <br> and aligning Angel Oak's interest with FINS shareholders.

**Choose Superior Performance, a Plan for Shareholders and Continuity**

Protect your Fund against a short-term, dissident shareholder who does not care about you, the long-term <br> shareholder.

The dissident shareholder is the Founder and Managing Partner of an unregistered investment adviser with de <br> minimis assets under management and no long-term established performance record.

The dissident shareholder has no prior fund board experience and no clear plan for the Fund.

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| ![](finsdefa14a002.jpg) | &nbsp;&nbsp;&nbsp;![](finsdefa14a003.jpg) |

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If you have any questions, please contact your Fund's proxy solicitor, EQ Fund Solutions, at 800-581-3783, Monday through Friday between the hours of 9:00am and 10:00pm Eastern Time.

The Morningstar RatingTM for funds, or "star rating", is calculated for funds with at least a three-year history. (Exchange-traded funds and open-end mutual funds are considered a single population for comparative purposes.) It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance (excluding the effect of sales charges, if any), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each fund category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

FINS02