BANX: Producing Steady Cash Flow For Income Investors

MicroStockHubWritten by Nick Ackerman, co-produced by Stanford Chemist. ArrowMark Financial Corp (NASDAQ:BANX) is one of the more interesting closed-end funds out there that are available to investors. The fund benefited significantly from the higher rate environment. While the next move is expected to be a rate cut and not a rate hike, even a few rate cuts won't leave this fund in a terrible position. Distribution coverage will remain strong unless we go back to a zero-rate environment, which is not ex ...