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ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2025
Globenewswire· 2025-11-18 22:30
DENVER, Nov. 18, 2025 (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, 2025, was $22.41. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended October 31, 2025. 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 ...
Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
Yahoo Finance· 2025-11-03 13:30
Core Insights - Banco Inter and Chainlink have successfully conducted a blockchain-based pilot for real-time cross-border trade transactions using digital currencies and smart contracts [1][2] - The pilot is part of Brazil's Drex digital currency initiative, linking Brazil's Drex network with Hong Kong's Ensemble platform [2] - The project aims to create a more inclusive trade finance ecosystem by reducing costs and improving coordination across platforms [5] Group 1: Pilot Details - The pilot involved the Central Banks of Brazil and Hong Kong, enabling real-time settlement of transactions [1] - Chainlink's infrastructure facilitated the connection between Brazil's and Hong Kong's systems, allowing automated workflows for fund and asset record transfers [2] - The pilot tested delivery-versus-payment (DvP) and payment-versus-payment (PvP) models to minimize settlement risk [3] Group 2: Payment Mechanisms - The system supported conditional and installment-based payments, releasing funds upon confirmation of specific trade process stages [4] - Supporting organizations included Standard Chartered, GSBN, and 7COMm, with GSBN managing updates to the electronic bill of lading [4] Group 3: Future Plans - The partners intend to expand testing to include additional trade models and connect with more financial institutions [5]
Income-Covered Closed-End Fund Report, October 2025
Seeking Alpha· 2025-10-21 19:58
Core Insights - The service offers managed income portfolios targeting safe and reliable yields of approximately 8% through high-yield opportunities in closed-end funds (CEFs) and exchange-traded funds (ETFs) [2][3] - The majority of holdings in the CEF/ETF Income Laboratory are monthly-payers, which facilitates faster compounding and provides steady income streams for investors [3] - The service is designed for both active and passive investors of all experience levels, providing features such as 24/7 chat and trade alerts [3][4] Company Overview - The CEF/ETF Income Laboratory is led by a scientific researcher with a decade of experience in analyzing and generating profitable investments using CEFs and ETFs [4] - The service aims to simplify income investing by focusing on reliable yield opportunities, catering to a diverse range of investors [2][3]
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value As of September 2025
Globenewswire· 2025-10-17 21:30
Core Viewpoint - ArrowMark Financial Corp. announced an estimated and unaudited Net Asset Value (NAV) of $22.40 as of September 30, 2025 [1]. Company Overview - ArrowMark Financial Corp. is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [2]. - The investment objective of ArrowMark Financial is to provide shareholders with current income by primarily investing in regulatory capital securities of financial institutions [2]. - The fund is managed by ArrowMark Asset Management, LLC [2].
BANX: Generates A High Risk-Adjusted Return Using A Niche Security
Seeking Alpha· 2025-09-30 11:40
Group 1 - The article discusses the challenges investors face in the current equity and fixed income markets, emphasizing the need for strategies that involve non-correlated and relatively stable securities [2] - The investing group Yield Hunting offers a premium service aimed at income investors seeking yield with lower risk compared to the equity market, managing four portfolios with various yield targets [2] - George Spritzer, a contributor to Yield Hunting, specializes in managing closed-end funds and provides insights on profiting from special situations as investment catalysts [2] Group 2 - The article does not provide any specific financial data or performance metrics related to the investment strategies or portfolios mentioned [1][4]
10 Best CEFs This Month: Average Yield Of Nearly 9% (September 2025)
Seeking Alpha· 2025-09-27 12:00
Group 1 - The primary goal of the "High Income DIY Portfolios" Marketplace service is to achieve high income with low risk and capital preservation [1] - The service provides DIY investors with essential information and portfolio/asset allocation strategies aimed at creating stable, long-term passive income with sustainable yields [1] - The portfolios are specifically designed for income investors, including retirees or near-retirees, and include seven different portfolios: 3 buy-and-hold, 3 rotational portfolios, and a 3-bucket NPP model portfolio [1] Group 2 - The offerings include two high-income portfolios, two dividend growth investing (DGI) portfolios, and a conservative NPP strategy portfolio characterized by low drawdowns and high growth potential [1]
Income-Covered Closed-End Fund Report, September 2025
Seeking Alpha· 2025-09-22 19:43
Group 1 - The service offers managed income portfolios targeting safe and reliable yields of approximately 8% through high-yield opportunities in closed-end funds (CEF) and exchange-traded funds (ETF) [2][3] - The majority of holdings in the CEF/ETF Income Laboratory are monthly-payers, which facilitates faster compounding and provides steady income streams for investors [3] - The service is designed for both active and passive investors of all experience levels, providing features such as 24/7 chat and trade alerts [3][4] Group 2 - The CEF/ETF Income Laboratory is led by a scientific researcher with a decade of experience in analyzing and generating profitable investments using CEFs and ETFs [4]
ArrowMark Financial Corp. Appoints Melissa Marano Thompson to the Company's Board of Directors
Globenewswire· 2025-09-16 12:56
Core Insights - ArrowMark Financial Corp. appointed Ms. Melissa Marano Thompson as a Class II Director to fill a vacancy on the Board, serving until the 2027 annual meeting of shareholders [1] - Ms. Marano Thompson will also serve on the Audit Committee and Nominating and Governance Committee, meeting the requirements for audit committee service as per Nasdaq Listing Rules [1] - The Board now has three independent members on the audit committee, complying with Nasdaq regulations [1] Company Overview - ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [3] - The primary investment objective of the Fund is to provide stockholders with current income and, to a lesser extent, capital appreciation, primarily through investments in regulatory capital securities of financial institutions [3] - The Fund is managed by ArrowMark Asset Management, LLC [3] Director Background - Ms. Marano Thompson has over 30 years of experience in leveraged finance and private equity, and has been a financial consultant since 2013 [2] - She has held significant positions including portfolio manager at Ivy Hill Asset Management and Senior Vice President and Chief Risk Officer at First Light Financial Corporation [2] - Previously, she managed approximately $4.5 billion in assets at GSO Capital Partners and has experience with RBC Capital and Credit Agricole Indosuez [2]
ArrowMark Financial Corp. Announces Q2 Results and Special Distribution of $0.40 and Regular Cash Distribution of $0.45 per Share for the Third Quarter 2025
Globenewswire· 2025-09-12 21:30
Core Points - ArrowMark Financial Corp. has declared a special cash distribution of $0.40 per share and a regular quarterly cash distribution of $0.45 per share for Q3 2025 [1][2] - The special distribution will be payable on December 10, 2025, while the regular distribution will be payable on September 29, 2025 [1] - The company reported a net income of $0.57 per share for Q2 2025, exceeding the quarterly distribution amount [3] Distribution Details - Special cash distribution: $0.40 per share [1][2] - Regular quarterly cash distribution: $0.45 per share [1][2] - Payment dates: September 29, 2025, for regular distribution and December 10, 2025, for special distribution [1] Financial Performance - Net income for Q2 2025 was $0.57 per share, which is well above the distribution amount [3] - The fund has consistently over-earned its declared quarterly distribution rate over the past four years [3] Company Overview - ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [4] - The investment objective is to provide current income primarily through investments in regulatory capital securities of financial institutions [4]
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2025
Globenewswire· 2025-09-11 21:30
Company Overview - ArrowMark Financial Corp. is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [2] - The investment objective of ArrowMark Financial is to provide shareholders with current income by primarily investing in regulatory capital securities of financial institutions [2] - The fund is managed by ArrowMark Asset Management, LLC [2] Financial Performance - As of August 31, 2025, ArrowMark Financial's estimated and unaudited Net Asset Value (NAV) was $22.68 [1]