ArrowMark Financial (BANX)
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ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of January 2025
Globenewswire· 2025-02-26 22:30
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 Highlights - As of January 31, 2025, ArrowMark Financial's estimated and unaudited Net Asset Value (NAV) was $22.11 [1]
BANX: 8.5% Income Yield, Fully Covered Distribution, But Is It A Buy?
Seeking Alpha· 2025-02-09 13:30
Group 1 - The primary goal of "High Income DIY Portfolios" is to provide high income with low risk and capital preservation for DIY investors [1] - The service offers seven portfolios designed for income investors, including retirees or near-retirees, featuring three buy-and-hold portfolios, three rotational portfolios, and a conservative NPP strategy portfolio [1] - The portfolios include two high-income portfolios, two dividend growth investment (DGI) portfolios, and a conservative NPP strategy portfolio aimed at low drawdowns and high growth [1] Group 2 - ArrowMark Financial Corp. (NASDAQ: BANX) is a closed-end fund that was established in November 2013 and underwent significant operational changes after being acquired by ArrowMark Group in February 2020 [2] - The article includes a list of long positions held by the analyst, indicating a beneficial long position in various well-known companies across different sectors [2]
BANX: Continuing To Deliver Solid Income To Investors
Seeking Alpha· 2025-02-07 20:45
Core Insights - ArrowMark Financial Corp (NASDAQ: BANX) has shown attractive performance, outperforming the S&P 500 Index on a total return basis since the last update [2]. Group 1: Company Performance - ArrowMark Financial Corp has delivered strong results, with total returns exceeding those of the S&P 500 Index [2]. - The company is part of the CEF/ETF Income Laboratory, which focuses on managed portfolios targeting safe yields of approximately 8% [2]. Group 2: Investment Strategy - The CEF/ETF Income Laboratory provides expert-level research and actionable recommendations for income and arbitrage strategies in closed-end funds and exchange-traded funds [2]. - The service includes in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2]. Group 3: Community and Support - The CEF/ETF Income Laboratory has a community of over a thousand members, facilitating discussions and sharing of income ideas [2]. - The majority of the holdings in the portfolios are monthly-payers, which aids in faster compounding and smoother income streams [2].
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2024
Newsfilter· 2025-01-15 19:30
Core Viewpoint - ArrowMark Financial Corp. announced an estimated and unaudited Net Asset Value (NAV) of $21.80 as of December 31, 2024 [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] Financial Information - The estimated NAV of $21.80 is not a comprehensive statement of the financial condition or results for December 31, 2024 [1]
BANX: Decent Income, Occasional Risks
Seeking Alpha· 2025-01-13 07:45
Group 1 - ArrowMark Financial Corp (NASDAQ: BANX) is an actively managed closed-end fund offering a high dividend yield of just under 10% [1] - The fund operates on a simple concept, and as a closed-end fund, there are possibilities for undervaluation relative to its portfolio [1] Group 2 - The author emphasizes a long-term investment approach, focusing on owning stocks for years rather than short-term price predictions [2] - The investment strategy has evolved to a simplified "Buy or Don't Buy" approach, with no Strong Buy ratings issued to any security as of March 2024 [2]
3 Solid Income Picks For A Safer Retirement
Seeking Alpha· 2024-12-24 12:35
Group 1 - The article highlights the benefits of high dividend opportunities, emphasizing a model portfolio that targets a yield of 9-10% [1] - High Dividend Opportunities (HDO) is described as the largest community of income investors and retirees, boasting over 8,000 members [1] - The Income Method promoted by HDO is designed to generate strong returns regardless of market volatility, simplifying retirement investing [1] Group 2 - A promotional offer is presented, featuring a 17% discount and a 14-day free trial on an annual subscription priced at $599.99 [2]
ArrowMark Financial Corp. Announces Q3 2024 Results and Releases Month End Estimated Net Asset Value as of November 2024
Newsfilter· 2024-12-17 22:30
Group 1 - ArrowMark Financial Corp. announced an estimated and unaudited Net Asset Value (NAV) of $22.24 as of November 30, 2024 [1] - The net income for Q3 2024 was reported at $0.70 per share, exceeding the quarterly distribution amount of $0.45 per share, demonstrating consistent over-earning of the distribution rate over the past five years [2] - The estimated NAV does not represent a comprehensive statement of the financial condition or results for November 30, 2024 [3] Group 2 - ArrowMark Financial is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX," with an investment objective focused on providing current income primarily through regulatory capital securities of financial institutions [4]
ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024
GlobeNewswire News Room· 2024-12-04 22:32
Core Points - ArrowMark Financial Corp. has declared a special cash distribution of $0.20 per share and a regular cash distribution of $0.45 per share for Q4 2024, totaling $0.65 per share, payable on January 3, 2025 [1][2] - The company emphasizes its ability to consistently over-earn its declared quarterly distribution rate, focusing on capital preservation and income generation for shareholders [2] - ArrowMark Financial is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX," primarily investing in regulatory capital securities of financial institutions [3]
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2024
GlobeNewswire News Room· 2024-11-20 00:26
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 October 31, 2024, ArrowMark Financial's estimated and unaudited Net Asset Value (NAV) was $22.02 [1]
2 Ultra-Cheap Big Yields For Passive Recurrent Income
Seeking Alpha· 2024-11-04 12:35
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