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...
DENVER, April 15, 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 | 0.02 | 0.104220948411 | 19.19 | 19.8227 | 19.1005 | 25494 | 19.45116781 | CS |
4 | 0.72 | 3.893996755 | 18.49 | 19.8227 | 18.4 | 25510 | 18.96240821 | CS |
12 | 0.74 | 4.0064970222 | 18.47 | 19.8227 | 17.91 | 20674 | 18.61184581 | CS |
26 | 1.33 | 7.4384787472 | 17.88 | 19.8227 | 17.88 | 17197 | 18.61762621 | CS |
52 | 2.45 | 14.6181384248 | 16.76 | 19.8227 | 16.2801 | 16892 | 18.05103813 | CS |
156 | -2.12 | -9.93905297703 | 21.33 | 24.19 | 13.8 | 14995 | 18.5135658 | CS |
260 | -2.52 | -11.5968706857 | 21.73 | 24.19 | 9.25 | 15894 | 18.96766157 | CS |
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