Correspondence 0001193125-24-252971 from Angel Oak Financial Strategies Income Term Trust (FINS) (CIK 0001745059) (FINS)
Angel Oak Financial Strategies Income Term Trust (FINS) (CIK 0001745059)
Date: Nov. 7, 2024 · CIK: 0001745059 · Accession: 0001193125-24-252971
AI Filing Summary & Sentiment
File numbers found in text: 333-281824, 811-23358
Letter
VIA EDGAR Division of Investment Management 100 F Street, NE Washington, DC 20549 Attn: Brian Szilagyi Re: Angel Oak Financial Strategies Income Term Trust (File Nos. 333-281824 and 811-23358)
Dear Mr. Szilagyi:
This letter responds to comments conveyed via telephone on November 5, 2024, to Brooke Clark and Mary Anne Morgan in connection with the Securities and Exchange Commission staff’s (the “Staff’s”) review of Angel Oak Financial Strategies Income Term Trust’s (the “Fund’s”) Pre-Effective Amendment No. 1 to its registration statement on Form N-2 filed on October 30, 2024 (the “Registration Statement”). The Fund intends to file Pre-Effective Amendment No. 2 to the Registration Statement, which will reflect the responses below. Capitalized terms not defined herein have the definitions provided to them in the Registration Statement.
1. Comment: Please include the senior securities table for the same periods presented in the financial highlights in accordance with Item 4.3 of Form N-2.
Response: The Fund will update the disclosure accordingly.
2. Comment: In the table included in the section “Price Range of Common Shares,” please present information for each full quarterly period within the two most recent fiscal years in accordance with Item 8.(5)(b) of Form N-2.
Response: The Fund will update the disclosure accordingly.
3. Comment: In any consent of the independent registered public accounting firm filed in connection with the Registration Statement, please include the words “for the” immediately prior to the words “year ended January 31, 2024.”
Response: The Fund confirms that the disclosure will be updated accordingly in any consent of the independent registered public accounting firm filed in connection with the Registration Statement.
* * *
Should you have any questions or comments, please contact me at 202.261.3304.
Sincerely,
/s/ Stephen T. Cohen
Show Raw Text
CORRESP 1 filename1.htm Angel Oak Financial Strategies Income Term Trust 1900 K Street, NW Washington, DC 20006 +1 202 261 3300 Main +1 202 261 3333 Fax www.dechert.com November 7, 2024 VIA EDGAR U.S. Securities and Exchange Commission Division of Investment Management 100 F Street, NE Washington, DC 20549 Attn: Brian Szilagyi Re: Angel Oak Financial Strategies Income Term Trust (File Nos. 333-281824 and 811-23358) Dear Mr. Szilagyi: This letter responds to comments conveyed via telephone on November 5, 2024, to Brooke Clark and Mary Anne Morgan in connection with the Securities and Exchange Commission staff’s (the “Staff’s”) review of Angel Oak Financial Strategies Income Term Trust’s (the “Fund’s”) Pre-Effective Amendment No. 1 to its registration statement on Form N-2 filed on October 30, 2024 (the “Registration Statement”). The Fund intends to file Pre-Effective Amendment No. 2 to the Registration Statement, which will reflect the responses below. Capitalized terms not defined herein have the definitions provided to them in the Registration Statement. 1. Comment: Please include the senior securities table for the same periods presented in the financial highlights in accordance with Item 4.3 of Form N-2. Response: The Fund will update the disclosure accordingly. 2. Comment: In the table included in the section “Price Range of Common Shares,” please present information for each full quarterly period within the two most recent fiscal years in accordance with Item 8.(5)(b) of Form N-2. Response: The Fund will update the disclosure accordingly. 3. Comment: In any consent of the independent registered public accounting firm filed in connection with the Registration Statement, please include the words “for the” immediately prior to the words “year ended January 31, 2024.” Response: The Fund confirms that the disclosure will be updated accordingly in any consent of the independent registered public accounting firm filed in connection with the Registration Statement. * * * Should you have any questions or comments, please contact me at 202.261.3304. Sincerely, /s/ Stephen T. Cohen Stephen T. Cohen