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Destra Capital selected to distribute Angel Oak’s Second Closed-End Fund

CHICAGO, IL--Destra Capital Management LLC (“Destra”) is pleased to have been selected by Angel Oak Capital Advisors, LLC (“Angel Oak”) for the second year in a row to distribute a new closed-end fund, the Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE: DYFN). DYFN invests primarily in community bank debt assets and nonbank financials. Destra Capital Investments LLC worked in conjunction with Angel Oak to distribute and successfully raise up this new offering. Destra Capital Advisors LLC has been retained by the Fund to provide secondary market services in connection with the ongoing operations of the Fund.

“We are very proud to have been selected to partner with Angel Oak for the second year in a row to work with their very skilled investment and distribution teams on the design, raise up, and listing of their second closed-end fund,” said James Yount, President of Destra Capital Investments LLC. “Despite the global pandemic and current economic environment, the Angel Oak and Destra teams were able to successfully complete an almost exclusively “virtual” roadshow offering for this Fund. We could not be more excited about the opportunity for Angel Oak to put capital to work through this compelling strategy in today’s ever-changing market environment.”

In addition to the newly launched Angel Oak Dynamic Financial Strategies Income Term Trust (NYSE: DYFN), Destra Capital Investments LLC has a history of successfully distributing closed-end fund initial public offerings including the Angel Oak Financial Strategies Income Term Trust (NYSE: FINS), the Tekla World Healthcare Fund (NYSE: THW), the Tekla Healthcare Opportunities Fund (NYSE: THQ), the Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE: DFP), and the Ares Dynamic Credit Allocation Fund (NYSE: ARDC). Destra provides ongoing secondary market support services to these closed-end funds, as well as others.

About Angel Oak

Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions for its clients. Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed-income investments, with a specialization in mortgage-backed securities and other areas of structured and corporate credit.

For more information, please visit www.angeloakcapital.com.

About Destra

Destra Capital is a boutique Investment Management firm that partners with independent, institutional investment managers that have developed innovative and specialized investment strategies. Headquartered in Chicago, IL, Destra was Founded in 2008 by a senior management team with decades of knowledge and expertise in the industry.

Destra Capital Advisors LLC is an SEC registered investment advisor and the advisor to the Destra Funds. Destra Capital Investments LLC is a FINRA registered broker dealer and distributor to Destra Funds and other investments.

For more information, please visit www.destracapital.com.

Contact

For more information about Destra, Angel Oak, or the Fund, contact Rob Watson, President of Destra Capital Advisors LLC, the Fund’s Advisor at rob.watson@destracapital.com or 877-855-3434.

Disclaimers

This is not an offer to sell these securities and is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. This is not an offering, which can be made only in a prospectus.

Investors should consider the investment objective, risks, fees and expenses of the Fund carefully before investing. An investment in the Fund involves risks, is not appropriate for all investors and is not intended to be a complete investment program. The prospectus contains this and other information. Angel Oak Capital Advisors, a registered investment adviser, is the Fund’s investment manager; Destra Capital Advisors LLC, a registered investment adviser, is providing secondary market servicing for the Fund. Please contact your securities representative or call 1-877-855-3434 for information about the Fund.