ArrowMark Financial

BANX

Market cap $154M

ArrowMark Financial Corp offers unique exposure to Regulatory Capital Relief Securities, providing diversification and low correlation with traditional equity and bond markets. BANX has delivered strong risk-adjusted returns, with a 5-year compounded performance of 12.21% and a secure 8.19% yield, often boosted by special distributions. The fund's portfolio is primarily floating rate, reducing duration risk, and its NAV has shown resilience and steady growth even during banking sector turmoil.

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 the ten best 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 10 CEFs every month from around 500 closed-end funds.

This report screens ~400 closed-end funds (CEFs) for those with 100%+ net investment income coverage, highlighting lower risk of distribution cuts. Top lists identify CEFs with the widest discounts, most attractive z-scores, highest covered yields, and best combinations of value and income. Investors are encouraged to use these rankings as a starting point for due diligence, not as final buy or sell recommendations.

DENVER, Sept. 16, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (NASDAQ: BANX), (“ArrowMark Financial” or the “Company”), an investment company registered with the Securities and Exchange Commission (“SEC”), announced today that at a meeting of the Board of Directors (the “Board”) of ArrowMark Financial held on September 12, 2025, Ms. Melissa Marano Thompson was appointed as a Class II Director to fill a vacancy on the Board. As a Class II Director, Ms. Marano Thompson will hold office until the Company's 2027 annual meeting of shareholders and until her successor is elected and qualified. In connection with her appointment to the Board, Ms. Marano Thompson, as an independent director, was also appointed to serve on each of the Company's Audit Committee and Nominating and Governance Committee. In connection with her appointment, the Board has determined that Ms. Marano Thompson (i) meets the requirements for audit committee service contained in Nasdaq Listing Rule 5605(c)(2)(A), and (ii) is an “independent director” as defined in Nasdaq Listing Rule 5605(a)(2). After giving effect to Ms. Marano Thompson's appointment, the audit committee of the Board has three independent members as required by Nasdaq Listing Rule 5605(c)(2)(A).

DENVER, Sept. 12, 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 $0.40 per share generated from excess income, and a regular quarterly cash distribution of $0.45 per share for the third quarter 2025. The quarterly distribution will be payable on September 29, 2025 to shareholders of record on September 22, 2025. The special distribution will be payable on December 10, 2025, to shareholders of record on December 3, 2025.

DENVER, Sept. 11, 2025 (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, 2025, was $22.68.

I love to collect massive dividends, and I love them to be on sale. Don't miss stretching your dollar as far as possible. We examine two wonderful opportunities.

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 the ten best 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 10 CEFs every month from around 500 closed-end funds.

DENVER, Aug. 20, 2025 (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, 2025, was $22.22.

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.