UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-23358
NAME OF REGISTRANT: Angel Oak Financial Strategies
Income Term Trust
ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 3344 Peachtree Rd. NE, Suite
1725
Atlanta, GA 30326
NAME AND ADDRESS OF AGENT FOR SERVICE: Dory S. Black
c/o Angel Oak Capital Advisors,
LLC
3344 Peachtree Rd. NE, Suite
1725
Atlanta, GA 30326
REGISTRANT'S TELEPHONE NUMBER: 404-953-4900
DATE OF FISCAL YEAR END: 01/31
DATE OF REPORTING PERIOD: 07/01/2020 - 06/30/2021
Angel Oak Financial Strategies Income Term Trust
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AGNC INVESTMENT CORP. Agenda Number: 935345199
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Security: 00123Q104
Meeting Type: Annual
Meeting Date: 22-Apr-2021
Ticker: AGNC
ISIN: US00123Q1040
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A. Election of Director: Donna J. Blank Mgmt For For
1B. Election of Director: Morris A. Davis Mgmt For For
1C. Election of Director: John D. Fisk Mgmt For For
1D. Election of Director: Prue B. Larocca Mgmt For For
1E. Election of Director: Paul E. Mullings Mgmt For For
1F. Election of Director: Frances R. Spark Mgmt For For
1G. Election of Director: Gary D. Kain Mgmt For For
2. Approval of the Amended and Restated AGNC Mgmt For For
Investment Corp. 2016 Equity and Incentive
Compensation Plan.
3. Advisory vote to approve the compensation Mgmt For For
of our named executive officers.
4. Ratification of appointment of Ernst & Mgmt For For
Young LLP as our independent public
accountant for the year ending December 31,
2021.
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ANNALY CAPITAL MANAGEMENT, INC. Agenda Number: 935377449
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Security: 035710409
Meeting Type: Annual
Meeting Date: 19-May-2021
Ticker: NLY
ISIN: US0357104092
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A. Election of Director: Francine J. Bovich Mgmt No vote
1B. Election of Director: Wellington J. Denahan Mgmt No vote
1C. Election of Director: Katie Beirne Fallon Mgmt No vote
1D. Election of Director: David L. Finkelstein Mgmt No vote
1E. Election of Director: Thomas Hamilton Mgmt No vote
1F. Election of Director: Kathy Hopinkah Hannan Mgmt No vote
1G. Election of Director: Michael Haylon Mgmt No vote
1H. Election of Director: Eric A. Reeves Mgmt No vote
1I. Election of Director: John H. Schaefer Mgmt No vote
1J. Election of Director: Glenn A. Votek Mgmt No vote
1K. Election of Director: Vicki Williams Mgmt No vote
2. Advisory approval of the Company's Mgmt No vote
executive compensation.
3. Ratification of the appointment of Ernst & Mgmt No vote
Young LLP as our independent registered
public accounting firm for the fiscal year
ending December 31, 2021.
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ELLINGTON FINANCIAL INC. Agenda Number: 935366650
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Security: 28852N109
Meeting Type: Annual
Meeting Date: 13-May-2021
Ticker: EFC
ISIN: US28852N1090
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1. DIRECTOR
Stephen J. Dannhauser Mgmt For For
Lisa Mumford Mgmt For For
Laurence Penn Mgmt For For
Edward Resendez Mgmt For For
Ronald I. Simon, Ph.D. Mgmt For For
2. The approval, on an advisory basis, of the Mgmt For For
compensation of the named executive
officers.
3. The ratification of PricewaterhouseCoopers Mgmt For For
LLP as the independent registered public
accounting firm for the year ending
December 31, 2021.
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NEW RESIDENTIAL INVESTMENT CORP. Agenda Number: 935391742
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Security: 64828T201
Meeting Type: Annual
Meeting Date: 27-May-2021
Ticker: NRZ
ISIN: US64828T2015
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1. DIRECTOR
Kevin J. Finnerty Mgmt For For
Michael Nierenberg Mgmt For For
2. To ratify the appointment of Ernst & Young Mgmt For For
LLP as independent registered public
accounting firm for New Residential
Investment Corp. for fiscal year 2021.
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PENNYMAC MORTGAGE INVESTMENT TRUST Agenda Number: 935395295
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Security: 70931T103
Meeting Type: Annual
Meeting Date: 26-May-2021
Ticker: PMT
ISIN: US70931T1034
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A. Election of Class III Trustee for a term Mgmt For For
expiring at the 2024 Annual Meeting: David
A. Spector
1B. Election of Class III Trustee for a term Mgmt For For
expiring at the 2024 Annual Meeting:
Randall D. Hadley
2. To ratify the appointment of our Mgmt For For
independent registered public accounting
firm for the fiscal year ending December
31, 2021.
3. To approve, by non-binding vote, our Mgmt For For
executive compensation.
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REDWOOD TRUST, INC. Agenda Number: 935380888
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Security: 758075402
Meeting Type: Annual
Meeting Date: 20-May-2021
Ticker: RWT
ISIN: US7580754023
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A. Election of Director: Richard D. Baum Mgmt For For
1B. Election of Director: Greg H. Kubicek Mgmt For For
1C. Election of Director: Christopher J. Abate Mgmt For For
1D. Election of Director: Armando Falcon Mgmt For For
1E. Election of Director: Douglas B. Hansen Mgmt For For
1F. Election of Director: Debora D. Horvath Mgmt For For
1G. Election of Director: George W. Madison Mgmt For For
1H. Election of Director: Jeffrey T. Pero Mgmt For For
1I. Election of Director: Georganne C. Proctor Mgmt For For
1J. Election of Director: Faith A. Schwartz Mgmt For For
2. Ratification of the appointment of Grant Mgmt For For
Thornton LLP as the Company's independent
registered public accounting firm for 2021.
3. Non-binding advisory resolution to approve Mgmt For For
named executive officer compensation.
4. To vote to approve the amendment to the Mgmt For For
2002 Employee Stock Purchase Plan to
increase the number of shares available for
purchase.
* Management position unknown
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant) Angel Oak Financial Strategies Income Term Trust
By (Signature) /s/ Dory S Black
Name Dory S Black
Title Principal Executive Officer
Date 08/11/2021