DENVER, Jan. 15, 2025 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), announced today that the estimated and unaudited Net Asset Value (NAV) of BANX as of December 31, 2024 , is $21.80.
This estimated NAV is not a comprehensive statement of our financial condition or results for the month of December 31, 2024.
About ArrowMark Financial Corp.
ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed under the symbol BANX. Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra at 877.855.3434 or by email at [email protected].
Disclaimer and Risk Factors:
There can be no assurance that ArrowMark Financial will achieve its investment objectives. ArrowMark Financial is subject to a number of risks, including investment and market risks, management risk, income and interest rate risks, banking industry risks, preferred stock risk, convertible securities risk, debt securities risk , liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risks, discount market from net asset value risk and market disruption risk. Shares of closed-end investment companies can trade above (a premium) or below (a discount) their net asset value. ArrowMark Financial shares may not be suitable for all investors. Investors should carefully review and consider ArrowMark Financial’s investment objective, risks, fees and expenses. Past performance is no guarantee of future results.
The Annual Report, Semi-Annual Report and other regulatory filings of the Company with the SEC are accessible on the SEC’s website at www.sec.gov and on the BANX website at ir.arrowmarkfinancialcorp.com.
Contact:
[email protected]