---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-069744"
form_type: "8-K"
ticker: "FINS"
cik: "0001745059"
company_name: "Angel Oak Financial Strategies Income Term Trust"
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:57:30.594412+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Angel Oak Financial Strategies Income Term Trust reports Brookfield to acquire majority of investment adviser's parent

## Summary
- Brookfield Asset Management to acquire majority of Angel Oak Companies, LP, parent of the Fund's investment adviser.
- Transaction expected to close by September 30, 2025, resulting in change of control of Angel Oak.
- Change of control will cause automatic termination of existing advisory agreement; new agreement to be proposed.
- Fund's Board will consider new advisory agreement; shareholder approval required at special meeting.
- New advisory agreement expected to have same fee and similar terms; no material change to fund management.

## SEC filing metadata
- accession: 0001193125-25-069744
- form_type: 8-K
- ticker: FINS
- cik: 0001745059
- company_name: Angel Oak Financial Strategies Income Term Trust
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745059/000119312525069744/0001193125-25-069744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745059/000119312525069744/d848936d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-069744
- JSON: https://secwatch.observer/filing/0001193125-25-069744.json
- Plain text: https://secwatch.observer/filing/0001193125-25-069744.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.