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Arrowmark Financial: Big Yield On Niche Assets
BANXArrowMark Financial (BANX) Seeking Alpha·2024-08-18 13:15
olaserIf you're looking for a niche high-yield income investment in the financial sector, you may want to check out Arrowmark Financial (NASDAQ:BANX) Profile: BANX has been one of our core holdings since the inception of HDS+, when it was known as StoneCastle Financial Corp. It's a closed-end fund and initially covered a unique niche - investing in US community banks, long considered the safest sub-sector of the US banking system, but a niche which isn't readily available to retail investors, other than ...