Angel Oak Financial authorizes 2M Series A Mandatory Redeemable Preferred Shares

Angel Oak Financial Strategies Income Term Trust's Board of Trustees authorized issuance of 2 million Series A Mandatory Redeemable Preferred Shares with $25 liquidation preference per share and initial dividend period through July 31, 2026. The offering provides the closed-end fund with preferred equity capital to support its income-focused investment strategy.