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ArrowMark Financial: Niche 10% Yield, Very Strong Q3 2023 Earnings, 15% Discount
BANXArrowMark Financial (BANX) Seeking Alpha·2024-01-26 14:15

pixeldigits Looking for a niche high-yield investment in the financial sector? ArrowMark Financial Corp. (NASDAQ:BANX) has been one of our core holdings since the inception of our portfolio, when it was known as StoneCastle Financial Corp. It's a closed-end fund covering two unique niches - US community banks and regulatory capital securities. Community banks have long been considered the safest sub-sector of the US banking system, but a niche which isn't readily available to retail investors, other than so ...