Angel Oak Financial Strategies Income Term Trust

3344 Peachtree Road NE, Suite 1725

Atlanta, Georgia 30326

VIA EDGAR

April 28, 2020

Ms. Yoon Choo

U.S. Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, DC 20549

 

Re:	Angel Oak Financial Strategies Income Term Trust

Registration Statement on Form N-14

File Nos. 333-236500

Dear Ms. Choo:

Pursuant to Rule 461 under the Securities Act of 1933, as amended (the “Securities Act”), Angel Oak Financial Strategies Income Term Trust, a Delaware statutory trust (the “Fund”), hereby respectfully requests acceleration of the effective date of Pre-Effective Amendment No. 1 to its Registration Statement on Form N-14 (File Nos. 333-236500) so that such Registration Statement may be declared effective at 4:00 p.m., Eastern Time, on April 30, 2020 or as soon as possible thereafter.

The undersigned, in making this request for acceleration, hereby states that it is aware of its obligations under Rule 461 and the other applicable provisions of the Securities Act.

The Fund requests that notification of such effectiveness be made by telephone call to Stephen T. Cohen of Dechert LLP, legal counsel to the Fund, at 202-261-3304.