Angel Oak Financial Strategies Income Term Trust announces distribution for September 2024

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund trading on the New York Stock Exchange under the symbol FINS, today announced a distribution of $0.109 per share for the month of September 2024. The record date for the distribution is September 16, 2024, and the payment date is September 30, 2024. The Fund will trade ex-distribution on September 16, 2024.

The Fund seeks to pay a distribution at a rate that reflects the net investment income actually earned. A portion of each distribution may be deemed to be paid from sources other than net investment income, including, but not limited to, short-term capital gains, long-term capital gains, or return of capital. Pursuant to Section 19(a) of the Investment Company Act of 1940, notice will be provided to shareholders if any portion of a monthly distribution is from sources other than undistributed net investment income. The final determination of the source and tax characteristics of these distributions will depend on the Fund’s investment experience during its fiscal year and will occur after the Fund’s year-end. The Fund will send investors a Form 1099-DIV for the calendar year that will determine 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 does not necessarily reflect the investment performance of a fund and should not be confused with “yield” or “income”.