| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of April 2025 |
DENVER, May 14, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of April 30, 2025, was $21.74. |
globenewswire.com |
2025-05-14 21:30:00 |
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| Income-Covered Closed-End Fund Report, April 2025 |
The Income-Covered CEF Report screens for funds with distribution coverage exceeding 100%, suggesting lower risk of distribution cuts and potential price declines. The report ranks CEFs by widest discounts, best z-scores, highest yields, and best combinations of yield, discount, and z-score for further research. Notable funds include HFRO, FSCO, and ArrowMark Financial Corp, though BANX's discount may be overstated due to NAV reporting lag. |
seekingalpha.com |
2025-04-22 08:12:54 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of March 2025 |
DENVER, April 21, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of March 31, 2025, was $21.78. |
globenewswire.com |
2025-04-22 00:00:00 |
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| BANX: Resilient In The Face Of Volatility And Providing Steady Distributions |
ArrowMark Financial Corp has been holding up relatively well despite the overall equity market volatility, leading to only limited declines in terms of total returns. BANX invests primarily in regulatory capital securities of financial institutions, providing a unique exposure for retail investors and showing resilience compared to broader equity markets. What the latest decline has brought is a more attractive overall entry price, as the fund's discount has widened quite sharply, but that widened discount is closing quite quickly, too. |
seekingalpha.com |
2025-04-15 21:29:58 |
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| 5 Best CEFs This Month For Yields Up To 14% |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2025-03-23 10:00:00 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2025 |
DENVER, March 19, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of February 28, 2025, was $22.04. |
globenewswire.com |
2025-03-19 19:30:00 |
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| ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.45 per Share for the First Quarter 2025 |
DENVER, March 05, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.10 per share generated from excess income, and a regular cash distribution of $0.45 per share for the first quarter 2025. The total distribution of $0.55 per share will be payable on March 27, 2025 to shareholders of record on March 20, 2025. |
globenewswire.com |
2025-03-05 19:30:00 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of January 2025 |
DENVER, Feb. 26, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of January 31, 2025, was $22.11. |
globenewswire.com |
2025-02-26 19:30:00 |
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| 5 Best CEFs This Month: Average Yield Of 10% (February 2025) |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2025-02-23 10:30:00 |
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| BANX: 8.5% Income Yield, Fully Covered Distribution, But Is It A Buy? |
ArrowMark Financial Corp. focuses on high income through investments in Regulatory Capital Relief Securities, comprising 87% of its portfolio, primarily issued by major banks. BANX currently offers an attractive and fully covered 8.5% distribution yield and is currently trading at a discount of roughly -3.5% (based on NAV as of Dec. 31, 2024). It is probably a good bet on getting consistent and fully covered high income, as long as interest rates stay reasonably high. However, there are some risks involved, and the fund may be a bit pricey as the discount has significantly narrowed during the last six months. |
seekingalpha.com |
2025-02-09 10:30:00 |
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| BANX: Continuing To Deliver Solid Income To Investors |
ArrowMark Financial Corp (BANX) has seen some strong total returns since our prior update, some of this was thanks to further discount narrowing. BANX invests in regulatory capital securities of financial institutions, offering a unique fixed-income exposure, delivering an 8.50% yield with strong distribution coverage. The fund's narrow discount does mean we remain more neutral; however, being able to deliver consistent quarterly distributions can still make it appropriate for income-seeking investors. |
seekingalpha.com |
2025-02-07 17:45:01 |
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| 5 Best CEFs This Month For Nearly 10% Yield (January 2025) |
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2025-01-25 10:00:00 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2024 |
DENVER, Jan. 15, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of December 31, 2024, was $21.80. |
globenewswire.com |
2025-01-15 16:30:00 |
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| BANX: Decent Income, Occasional Risks |
ArrowMark Financial Corp offers a high dividend yield near 10%, but better yields exist with similar or better credit risks. BANX's portfolio focuses on regulatory capital relief securities, providing high yields through floating rates and modest leverage. Future income may decline slightly with projected rate cuts, and BANX lacks significant capital appreciation potential compared to other funds. |
seekingalpha.com |
2025-01-13 04:45:21 |
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| 5 Best CEFs This Month For 9% Yield (December 2024) |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2024-12-29 10:30:00 |
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| 3 Solid Income Picks For A Safer Retirement |
Banks are masterfully skilled at extracting profits from everyday interactions. You likely can't beat them at their skills, but you can join them. We look at two avenues to invest like a bank and earn high income. |
seekingalpha.com |
2024-12-24 09:35:00 |
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| ArrowMark Financial Corp. Announces Q3 2024 Results and Releases Month End Estimated Net Asset Value as of November 2024 |
DENVER, Dec. 17, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of November 30, 2024, was $22.24. |
globenewswire.com |
2024-12-17 19:30:00 |
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| ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024 |
DENVER, Dec. 04, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.20 per share generated from excess income, and a regular cash distribution of $0.45 per share for the fourth quarter 2024. The total distribution of $0.65 per share will be payable on January 3, 2025 to shareholders of record on December 26, 2024. |
globenewswire.com |
2024-12-04 19:32:00 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2024 |
DENVER, Nov. 19, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of October 31, 2024, was $22.02. |
globenewswire.com |
2024-11-19 21:26:00 |
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| 2 Ultra-Cheap Big Yields For Passive Recurrent Income |
I love to buy income that's on sale. We have two discounted funds to scoop up today. Own the basics of society and our economy, so money never stops pouring into your account. Don't get distracted by the latest fad; own the basics for the strongest income. |
seekingalpha.com |
2024-11-04 09:35:00 |
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| BANX And PDX: Generating Attractive Distributions With Upside Potential |
ArrowMark Financial Corp and PIMCO Dynamic Income Strategy Fund offer attractive distributions with the potential for future payout increases or specials. If we don't see increases or specials paid out, then these funds look like they have a good chance at some capital appreciation if they are retaining cash flow and gains. These funds are also trading at discounts to their NAV per share, so they aren't looking overvalued and are fairly attractive to consider initiating positions. |
seekingalpha.com |
2024-10-28 14:16:57 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of September 2024 |
DENVER, Oct. 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of September 30, 2024, was $21.73. |
globenewswire.com |
2024-10-14 21:30:00 |
Czytaj oryginał (ang.) |
| 5 Best CEFs This Month For 9% Plus Yield (September 2024) |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2024-09-29 13:30:00 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2024 |
DENVER, Sept. 17, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of August 31, 2024, was $21.99. |
globenewswire.com |
2024-09-17 21:30:00 |
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| ArrowMark Financial Corp. Announces Q2 2024 Results and Cash Distribution of $0.45 per Share for the Third Quarter 2024 |
DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial" or the “Fund”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.45 per share for the third quarter 2024. The distribution of $0.45 per share will be payable on September 30, 2024 to shareholders of record on September 26, 2024. |
globenewswire.com |
2024-09-16 21:30:00 |
Czytaj oryginał (ang.) |
| 5 Best CEFs This Month For Nearly 9% Yield (August 2024) |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2024-08-24 13:00:00 |
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| Arrowmark Financial: Big Yield On Niche Assets |
Arrowmark Financial offers niche high-yield income investments in the financial sector. BANX focuses on regulatory capital relief securities, with top holdings in G-SIBs like Citigroup and Deutsche Bank. BANX has seen significant growth in NII and dividends, outperforming its industry and the S&P 500 on a total return basis. |
seekingalpha.com |
2024-08-18 13:15:00 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of July 2024 |
DENVER, Aug. 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of July 31, 2024, was $21.75. |
globenewswire.com |
2024-08-14 23:00:00 |
Czytaj oryginał (ang.) |
| 5 Best CEFs This Month For Nearly 9% Yield (July 2024) |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2024-07-27 13:00:00 |
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| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of June 2024 |
DENVER, July 11, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of June 30, 2024, was $21.58. |
globenewswire.com |
2024-07-11 21:30:00 |
Czytaj oryginał (ang.) |
| BANX: Producing Steady Cash Flow For Income Investors |
ArrowMark Financial Corp is an enticing investment choice in the high-yield space, coming back down to an attractive discount level. BANX invests in regulatory capital relief securities, which have been helping deliver solid cash flows due to their floating rates. Even with potential rate cuts on the horizon, BANX is expected to maintain strong distribution coverage as long as we don't fall back to a zero-rate environment. |
seekingalpha.com |
2024-06-24 16:27:19 |
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| 5 Best CEFs This Month For A 9% Yield (June 2024) |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2024-06-23 13:00:00 |
Czytaj oryginał (ang.) |
| ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of May 2024 |
DENVER, June 18, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of May 31, 2024, was $21.76. |
globenewswire.com |
2024-06-18 21:30:00 |
Czytaj oryginał (ang.) |
| 5 Best CEFs This Month For A 10% Yield (May 2024) |
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds. |
seekingalpha.com |
2024-05-19 14:00:00 |
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