N-PX 1 fins2-npx.txt ANNUAL REPORT OF PROXY VOTING 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 -------------------------------------------------------------------------------------------------------------------------- AGNC INVESTMENT CORP. Agenda Number: 935345199 -------------------------------------------------------------------------------------------------------------------------- Security: 00123Q104 Meeting Type: Annual Meeting Date: 22-Apr-2021 Ticker: AGNC ISIN: US00123Q1040 -------------------------------------------------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------------------------------------------------- ANNALY CAPITAL MANAGEMENT, INC. Agenda Number: 935377449 -------------------------------------------------------------------------------------------------------------------------- Security: 035710409 Meeting Type: Annual Meeting Date: 19-May-2021 Ticker: NLY ISIN: US0357104092 -------------------------------------------------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------------------------------------------------- ELLINGTON FINANCIAL INC. Agenda Number: 935366650 -------------------------------------------------------------------------------------------------------------------------- Security: 28852N109 Meeting Type: Annual Meeting Date: 13-May-2021 Ticker: EFC ISIN: US28852N1090 -------------------------------------------------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------------------------------------------------- NEW RESIDENTIAL INVESTMENT CORP. Agenda Number: 935391742 -------------------------------------------------------------------------------------------------------------------------- Security: 64828T201 Meeting Type: Annual Meeting Date: 27-May-2021 Ticker: NRZ ISIN: US64828T2015 -------------------------------------------------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------------------------------------------------- PENNYMAC MORTGAGE INVESTMENT TRUST Agenda Number: 935395295 -------------------------------------------------------------------------------------------------------------------------- Security: 70931T103 Meeting Type: Annual Meeting Date: 26-May-2021 Ticker: PMT ISIN: US70931T1034 -------------------------------------------------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------------------------------------------------- REDWOOD TRUST, INC. Agenda Number: 935380888 -------------------------------------------------------------------------------------------------------------------------- Security: 758075402 Meeting Type: Annual Meeting Date: 20-May-2021 Ticker: RWT ISIN: US7580754023 -------------------------------------------------------------------------------------------------------------------------- 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