ArrowMark Financial Corp. publishes estimated net asset value at the end of the month of December 2024. By Investing.com
DENVER, Jan. 15, 2025 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX ) (“ArrowMark Financial”), today announced that the estimated and unaudited net asset value (NAV) of BANX as of 31 December 2024 was $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 a non-diversified, SEC-registered closed-end fund listed under the symbol BANX. Its investment objective is to provide shareholders with immediate 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 guarantee that ArrowMark Financial will achieve its investment objective. 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 risk and counterparty risk, market with discount in relation to net asset value risk and market disruption risk. Shares of closed-end investment companies can be traded above (premium) or below (discount) their net asset value. Shares of ArrowMark Financial may not be suitable for all investors. Investors should review and carefully consider ArrowMark Financial’s investment objective, risks, charges and expenses. Past performance does not guarantee future results.
The Company’s annual report, semi-annual report and other regulatory filings with the SEC are available on the SEC’s website at www.sec.gov and on the BANX website at ir.arrowmarkfinancialcorp.com.
Contact:
BANX@destracapital.com
