Investor says it will vote against trustee nominees for AOF Income Term Trust
Trevor Montano, a shareholder of Angel Oak Financial Strategies Income Term Trust, cited holdover trustees and entrenchment provisions that removed trustees from common-shareholder election, plus preferred share issuance and fund performance.
Cites Holdover Trustees, Entrenchment Provisions, Preferred Share Issuance That Removed Trustees from Election by Common Shareholders, and Fund PerformanceWASHINGTON, Sept.
3, 2026 // -- Trevor Montano ("Mr.
Montano"), a shareholder of Angel Oak Financial Strategies Income Term Trust (NYS…