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Stock impact report

BANX: Continuing To Deliver Solid Results With ~8% Distribution Yield [Seeking Alpha]

ArrowMark Financial Corp. (BANX) 
US:NASDAQ Investor Relations: stonecastle-financial.com/investors.jsp
Company Research Source: Seeking Alpha
BANX's distribution coverage remains robust at 126.7% as of the previous reporting, enabling both regular and special payouts despite NII pressure from lower Fed rates. That said, the fund's discount has narrowed to -1.96%, making it less attractively valued for new investors versus historical norms. Portfolio opacity and leverage add risk, suggesting patience or dollar-cost averaging for new entrants as volatility may return. skodonnell/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist ArrowMark Financial Corp. ( BANX ) has continued to perform well since our last update, when we were going through the April tariff announcement volatility. They are a closed-end fund that is focused on regulatory More on my IG service At the CEF/ETF Income Laboratory , we manage closed-end fund ("CEF") and exchange-traded fund ("ETF") portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have t Show less Read more
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