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: 07/01/2021 - 06/30/2022 Angel Oak Financial Strategies Income Term Trust -------------------------------------------------------------------------------------------------------------------------- AGNC INVESTMENT CORP. Agenda Number: 935560056 -------------------------------------------------------------------------------------------------------------------------- Security: 00123Q104 Meeting Type: Annual Meeting Date: 21-Apr-2022 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: Peter J. Federico Mgmt For For 1D. Election of Director: John D. Fisk Mgmt For For 1E. Election of Director: Andrew A. Johnson, Mgmt For For Jr. 1F. Election of Director: Gary D. Kain Mgmt For For 1G. Election of Director: Prue B. Larocca Mgmt For For 1H. Election of Director: Paul E. Mullings Mgmt For For 1I. Election of Director: Frances R. Spark Mgmt For For 2. Advisory vote to approve the compensation Mgmt For For of our named executive officers. 3. Ratification of appointment of Ernst & Mgmt For For Young LLP as our independent public accountant for the year ending December 31, 2022. 4A. Approve amendment to our Amended and Mgmt For For Restated Certificate of Incorporation eliminating supermajority voting requirements for stockholders to: amend certain provisions of our Amended and Restated Certificate of Incorporation. 4B. Approve amendment to our Amended and Mgmt For For Restated Certificate of Incorporation eliminating supermajority voting requirements for stockholders to: amend our Fourth Amended and Restated Bylaws. 4C. Approve amendment to our Amended and Mgmt For For Restated Certificate of Incorporation eliminating supermajority voting requirements for stockholders to: remove directors. -------------------------------------------------------------------------------------------------------------------------- ANNALY CAPITAL MANAGEMENT, INC. Agenda Number: 935579536 -------------------------------------------------------------------------------------------------------------------------- Security: 035710409 Meeting Type: Annual Meeting Date: 18-May-2022 Ticker: NLY ISIN: US0357104092 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A. Election of Director: Francine J. Bovich Mgmt For For 1B. Election of Director: Wellington J. Denahan Mgmt For For 1C. Election of Director: Katie Beirne Fallon Mgmt For For 1D. Election of Director: David L. Finkelstein Mgmt For For 1E. Election of Director: Thomas Hamilton Mgmt For For 1F. Election of Director: Kathy Hopinkah Hannan Mgmt For For 1G. Election of Director: Michael Haylon Mgmt For For 1H. Election of Director: Eric A. Reeves Mgmt For For 1I. Election of Director: John H. Schaefer Mgmt For For 1J. Election of Director: Glenn A. Votek Mgmt For For 1K. Election of Director: Vicki Williams Mgmt For For 2. Advisory approval of the Company's Mgmt For For executive compensation. 3. Ratification of the appointment of Ernst & Mgmt For For Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2022. -------------------------------------------------------------------------------------------------------------------------- ELLINGTON FINANCIAL INC. Agenda Number: 935582925 -------------------------------------------------------------------------------------------------------------------------- Security: 28852N109 Meeting Type: Annual Meeting Date: 17-May-2022 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, 2022. -------------------------------------------------------------------------------------------------------------------------- NEW RESIDENTIAL INVESTMENT CORP. Agenda Number: 935606220 -------------------------------------------------------------------------------------------------------------------------- Security: 64828T201 Meeting Type: Annual Meeting Date: 26-May-2022 Ticker: NRZ ISIN: US64828T2015 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1. DIRECTOR Robert J. McGinnis Mgmt For For Andrew Sloves 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 2022. -------------------------------------------------------------------------------------------------------------------------- PENNYMAC MORTGAGE INVESTMENT TRUST Agenda Number: 935613643 -------------------------------------------------------------------------------------------------------------------------- Security: 70931T103 Meeting Type: Annual Meeting Date: 01-Jun-2022 Ticker: PMT ISIN: US70931T1034 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1a. Election of Class I Trustee for a term Mgmt For For expiring at the 2025 Annual Meeting: Scott W. Carnahan 1b. Election of Class I Trustee for a term Mgmt For For expiring at the 2025 Annual Meeting: Renee R. Schultz 1c. Election of Class I Trustee for a term Mgmt For For expiring at the 2025 Annual Meeting: Marianne Sullivan 2. To ratify the appointment of our Mgmt For For independent registered public accounting firm for the fiscal year ending December 31, 2022. 3. To approve, by non-binding vote, our Mgmt For For executive compensation. -------------------------------------------------------------------------------------------------------------------------- REDWOOD TRUST, INC. Agenda Number: 935591544 -------------------------------------------------------------------------------------------------------------------------- Security: 758075402 Meeting Type: Annual Meeting Date: 24-May-2022 Ticker: RWT ISIN: US7580754023 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1.1 Election of Director: Greg H. Kubicek Mgmt For For 1.2 Election of Director: Christopher J. Abate Mgmt For For 1.3 Election of Director: Armando Falcon Mgmt For For 1.4 Election of Director: Douglas B. Hansen Mgmt For For 1.5 Election of Director: Debora D. Horvath Mgmt For For 1.6 Election of Director: George W. Madison Mgmt For For 1.7 Election of Director: Georganne C. Proctor Mgmt For For 1.8 Election of Director: Dashiell I. Robinson Mgmt For For 1.9 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 2022. 3. Non-binding advisory resolution to approve Mgmt For For named executive officer compensation. * 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 08/17/2022