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Ward Bortz Appointed President of Angel Oak Fund

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Angel Oak Financial Strategies Income Term Trust of Benef. Interest ( (FINS) ) has shared an update.

On September 30, 2025, Clayton Triick resigned from the Board of Trustees of Angel Oak Financial Strategies Income Term Trust, in compliance with the Investment Company Act of 1940. Subsequently, on October 1, 2025, Ward Bortz replaced Adam Langley as President of the Fund. This change coincides with Brookfield Asset Management Ltd.’s acquisition of a majority stake in Angel Oak Companies, LP, the parent company of Angel Oak Capital Advisors, LLC. Despite these changes, no significant alterations in the Fund’s daily management are anticipated.

More about Angel Oak Financial Strategies Income Term Trust of Benef. Interest

Angel Oak Financial Strategies Income Term Trust operates within the financial industry, focusing on investment management services. It is part of Angel Oak Capital Advisors, LLC, which is a subsidiary of Angel Oak Asset Management Holdings, LLC.

Average Trading Volume: 53,584

See more insights into FINS stock on TipRanks’ Stock Analysis page.

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