The companys primary investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation. The companys strategy is focused on income generation, capital preservation, credit quality and providing risk-adjusted rates of return. StoneCastle Financial Corp.... The companys primary investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation. The companys strategy is focused on income generation, capital preservation, credit quality and providing risk-adjusted rates of return. StoneCastle Financial Corp. invests in term loans, senior and subordinated debt securities, convertible securities, preferred equity and common equity. The investment strategy emphasizes risk-adjusted rates of return and value creation for shareholders. The Schedule of Investments can be found on the Companys website. Current investments are 30.2% in credit securitizations, 22.2% in term loans and other debt securities, 14.9% in preferred stock, 13.5% in pooled equity interest, 12.8% in ETFs, 2.2% in trust preferred securities, and the remaining 4.2% in other securities.2 A majority of the companys underlying investments are scored investment grade (BBB- or better) by Kroll Bond Rating Agency (KBRA). Show more
DENVER, July 11, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of...
DENVER, June 18, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of May...
DENVER, June 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today...
DENVER, May 13, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of...
Period | Change | Change % | Open | High | Low | Avg. Daily Vol | VWAP | |
---|---|---|---|---|---|---|---|---|
1 | 0.29 | 1.51832460733 | 19.1 | 19.4999 | 18.9906 | 15789 | 19.19239736 | CS |
4 | 0.89 | 4.81081081081 | 18.5 | 19.4999 | 18.29 | 25518 | 18.71795251 | CS |
12 | 0.98 | 5.32319391635 | 18.41 | 19.4999 | 17.91 | 19412 | 18.51246604 | CS |
26 | 1.33 | 7.36434108527 | 18.06 | 19.5 | 17.81 | 16739 | 18.55212108 | CS |
52 | 2.88 | 17.4439733495 | 16.51 | 19.5 | 16.2801 | 16706 | 18.00098253 | CS |
156 | -2.19 | -10.1482854495 | 21.58 | 24.19 | 13.8 | 14898 | 18.5070905 | CS |
260 | -2.41 | -11.0550458716 | 21.8 | 24.19 | 9.25 | 15883 | 18.97802806 | CS |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.