Concerned Investor Issues Letter to Angel Oak Financial Strategies Income Term Trust (FINS) Shareholders Regarding the Need to Vote AGAINST a New Investment Advisory Agreement at Special Meeting
Announces intent to vote AGAINST a new investment advisory agreement with incumbent investment adviser Angel Oak Capital Advisors, LLC FINS share price has declined by over 35% since inception (201...
What regulatory or legal consequences could arise for Angel Oak Capital Advisors if the vote fails, and how might that influence investor confidence and future capital flows?
What alternative investment advisers or strategies are being considered if Angel Oak is removed, and how might that affect the fund’s performance and risk profile?
How likely is the shareholder vote to reject the new advisory agreement and what immediate impact could that have on FINS’s share price?
about 9 hours ago