ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2024
November 19 2024 - 7:26PM
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.
This estimated NAV is not a comprehensive
statement of our financial condition or results for the month ended
October 31, 2024.
About ArrowMark Financial Corp.
ArrowMark Financial Corp. is an SEC registered non-diversified,
closed-end fund listed on the NASDAQ Global Select Market 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 BANX@destracapital.com.
Disclaimer and Risk
Factors:There is no assurance that ArrowMark Financial
will achieve its investment objective. ArrowMark Financial is
subject to numerous 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, market at
a discount from net asset value risk and market disruption risk.
Shares of closed-end investment companies may trade above (a
premium) or below (a discount) their net asset value. Shares of
ArrowMark Financial may not be appropriate for all investors.
Investors should review and consider carefully ArrowMark
Financial's investment objective, risks, charges and expenses. Past
performance does not guarantee 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’s
website at ir.arrowmarkfinancialcorp.com.
Contact:BANX@destracapital.com
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