DENVER, Sept. 13, 2022 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., BANX (“ArrowMark Financial” or the “Company”) announced today that the estimated and unaudited net asset value (“NAV”) of the Company as of August 31, 2022 was $21.23. NAV increased $0.13 per share month-on-month.
This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended August 31, 2022. Please note that our unaudited NAV per share for the third quarter ended September 30, 2022 is disclosed as part of our usual publication quarterly earnings reporting process and may differ materially from this estimated NAV.
About ArrowMark Financial Corp.
ArrowMark Financial is an SEC-registered non-diversified closed-ended investment company listed on the NASDAQ Global Select Market under the symbol “BANX”. Its investment objective is to provide shareholders with current income. ArrowMark Financial is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com.
Disclaimer and Risk Factors:
There can be no assurance that ArrowMark Financial will achieve its investment objective. ArrowMark Financial is exposed to numerous risks including investment and market risk, management risk, income and interest rate risk, banking industry risk, preferred stock risk, convertible security risk, debt security risk, liquidity risk, valuation risk, leverage risk , non-diversification risk, credit and counterparty risk, mark-to-market risk and market disruption risk. Shares in closed-end investment companies may trade above (premium) or below (discount) their net asset value. ArrowMark Financial shares may not be suitable for all investors. Investors should review and carefully consider ArrowMark Financial’s investment objective, risks, charges and expenses. Past performance does not guarantee future results.
The Company’s annual report, semi-annual report and other regulatory filings with the SEC…
