ATLANTA–(BUSINESS WIRE)–Dec 1, 2020–
Angel Oak Monetary Methods Revenue Time period Belief (the “Fund”), a closed-end fund traded on the New York Inventory Alternate below the image FINS, at present declared a distribution of $0.1085 per share for the month of December 2020. The report date for the distribution is December 16, 2020, and the payable date is December 31, 2020. The Fund will commerce ex-distribution on December 15, 2020.
The Fund seeks to pay a distribution at a charge that displays web funding earnings truly earned. A portion of every distribution could also be handled as paid from sources apart from web funding earnings, together with however not restricted to short-term capital acquire, long-term capital acquire, or return of capital. As required by Part 19(a) of the Funding Firm Act of 1940, a discover can be distributed to shareholders within the occasion {that a} portion of a month-to-month distribution is derived from sources apart from undistributed web funding earnings. The ultimate willpower of the supply and tax traits of those distributions will rely upon the Fund’s funding expertise throughout its fiscal yr and can be made after the Fund’s yr finish. The Fund will ship to buyers a Kind 1099-DIV for the calendar yr that can outline learn how to report these distributions for federal earnings tax functions.
ABOUT FINS
Led by Angel Oak’s skilled monetary providers group, FINS invests predominantly in group financial institution debt in addition to selective alternatives in nonbank monetary providers debt. Underneath regular circumstances, at the least 50% of FINS’ depository establishment debt investments are publicly rated funding grade or, if unrated, scored as funding grade by Angel Oak.
ABOUT ANGEL OAK CAPITAL ADVISORS, LLC
Angel Oak Capital Advisors is an funding administration agency centered on offering compelling fixed-income funding options to its shoppers. Backed by a value-driven strategy, Angel Oak Capital Advisors seeks to ship engaging, risk-adjusted returns by way of a mix of steady present earnings and value appreciation. Its skilled funding group seeks the most effective alternatives in mounted earnings, with a specialization in mortgage-backed securities and different areas of structured credit score.
Info concerning the Fund and Angel Oak Capital Advisors may be discovered at www.angeloakcapital.com.
Previous efficiency is neither indicative nor a assure of future outcomes. Buyers ought to contemplate the funding goal and insurance policies, threat concerns, prices and ongoing bills of an funding fastidiously earlier than investing. For extra info please contact your funding consultant or Destra Capital Advisors LLC at 877.855.3434.
© 2020 Angel Oak Capital Advisors, which is the funding adviser to the Angel Oak Monetary Methods Revenue Time period Belief.
View supply model on businesswire.com:https://www.businesswire.com/news/home/20201201006223/en/
CONTACT: Media:
Randy Chrisman
Chief Advertising and marketing Officer at Angel Oak Capital Advisors
O: 404-953-4969
E:randy.chrisman@angeloakcapital.com
KEYWORD: GEORGIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Angel Oak Capital Advisors, LLC
Copyright Enterprise Wire 2020.
PUB: 12/01/2020 05:27 PM/DISC: 12/01/2020 05:27 PM
Copyright Enterprise Wire 2020.
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