ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2023
January 16 2024 - 5:30PM
ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"),
today announced that BANX’s estimated and unaudited Net Asset Value
(“NAV”) as of December 31, 2023, was $21.43.
This estimated NAV is not a comprehensive
statement of our financial condition or results for the month ended
December 31, 2023. We advise you that our audited NAV for December
31, 2023, will be released once we complete our annual report and
may differ materially from this estimated NAV.
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
symbol “BANX.” Its investment objective is to provide shareholders
with current income. BANX pursues its objective by investing
primarily in regulatory capital securities of financial
institutions. BANX is managed by ArrowMark Asset Management, LLC.
To learn more, visit ir.arrowmarkfinancialcorp.com, or contact
Destra at 877.855.3434 or by email at BANX@destracapital.com.
Disclaimer and Risk Factors:There is no
assurance that ArrowMark Financial will achieve its investment
objective. ArrowMark Financial is subject to numerous risks,
including investment and market risks, management risk, income and
interest rate risks, banking industry risks, preferred stock risk,
convertible securities risk, debt securities risk, liquidity risk,
valuation risk, leverage risk, non-diversification risk, credit and
counterparty risks, market at a discount from net asset value risk
and market disruption risk. Shares of closed-end investment
companies may trade above (a premium) or below (a discount) their
net asset value. Shares of ArrowMark Financial may not be
appropriate for all investors. Investors should review and consider
carefully ArrowMark Financial's investment objective, risks,
charges and expenses. Past performance does not guarantee future
results.
The Annual Report, Semi-Annual Report and other regulatory
filings of the Company with the SEC are accessible on the SEC's
website at www.sec.gov and on the BANX’s website
at ir.arrowmarkfinancialcorp.com.
Contact:BANX@destracapital.com |
investorrelations@arrowmarkfinancialcorp.com
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