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ArrowMark Financial Corp.
BANXFinancial ServicesNASDAQUS
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ArrowMark Financial offers unique exposure to regulatory capital relief securities, delivering attractive, high-yielding, and floating-rate exposure. A rights offering earlier this year pressured BANX's share price, widening its discount to NAV and creating a tactical opportunity for investors to sell pre-RO and repurchase post-RO. Since the RO, the price has remained under pressure, which helps to provide an attractive entry price.
ArrowMark Financial offers exposure to regulatory capital relief securities, yielding 9.1% and trading at a 6% discount. BANX's portfolio is high quality (BB+ to BBB-), but transparency is poor, and fees are high at 3.3% of assets. Relative to BDCs and CLO equity funds, BANX appears expensive and delivers lower net yields after fees and leverage.
DENVER, May 15, 2026 (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, 2026, was $21.17.
DENVER, May 12, 2026 (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 monthly cash distribution of $0.15 per share for May 2026. The total distribution of $0.15 per share will be payable on May 29, 2026, to shareholders of record on May 22, 2026.
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.5% plus yield and nearly 8% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
DENVER, April 24, 2026 (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, 2026, was $21. 12. This estimated NAV is not a comprehensive statement of our financial condition or results for the month end.
DENVER, April 24, 2026 (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, 2026, was $21.12.
DENVER, April 13, 2026 (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 monthly cash distribution of $0.15 per share for April 2026. The total distribution of $0.15 per share will be payable on April 30, 2026, to shareholders of record on April 23, 2026.
The Income-Covered Closed-End Fund Report screens for CEFs with distribution coverage exceeding 100%, targeting funds less likely to cut payouts. Discounted, fully-covered CEFs offer dual benefits: potential price appreciation from narrowing discounts and enhanced yields based on full NAV distributions. Composite metrics combining yield, discount, and z-score help identify CEFs offering value on both absolute and relative terms, with high income potential.
ArrowMark Financial transformed from a regional bank lender into a unique vehicle for regulatory capital relief securities after ArrowMark Partners' 2020 takeover. BANX offers retail investors access to high-yield, floating-rate instruments from globally systemic banks, a niche otherwise inaccessible to individuals. The fund's 11% forward yield is fully covered by net investment income, with NAV stability and special dividends likely to decline as Fed rate cuts materialize.
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 10% plus yield and 10.8% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
ArrowMark Financial (NASDAQ: BANX - Get Free Report) and Capital Southwest (NASDAQ: CSWC - Get Free Report) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, earnings, valuation, analyst recommendations, institutional ownership and profitability. Analyst Ratings This is a summary of
DENVER, March 25, 2026 (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, 2026, was $21.18.
February started to show some cracks in the broader major market indexes; however, the equal-weighted S&P 500 Index actually did well. This was the result of more value-oriented sectors performing while tech companies started to show some pause. The space that saw the most panic was in private credit, which has been reflected in the BDC space, taking a significant hit.
Closed-end funds can offer attractive monthly distributions that appeal to income-focused investors, whether they reinvest or take the cash out to spend. One of the key features of CEFs is being able to buy 'discounted' assets, as the share price can trade wildly differently from the underlying NAV per share. Today, we are looking at 2 CEFs that check the boxes of monthly distributions and also create a situation where their discounts currently make them attractive in terms of valuation.
DENVER, March 10, 2026 (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 monthly cash distribution of $0.15 per share for March 2026. The total distribution of $0.15 per share will be payable on March 31, 2026, to shareholders of record on March 23, 2026.
