DENVER, March 14, 2022 (GLOBE NEWSWIRE) — ArrowMark Financial Corp.(NASDAQ: BANX) (“ArrowMark Financial” or the “Company”), today announced that the estimated and unaudited Net Asset Value (“NAV”) of the Company as of February 28, 2022 has been $21.75. Net asset value was up $0.01 of the previous month.
This estimated net asset value is not a complete statement of our financial condition or results for the month ended. February 28, 2022. We inform you that our unaudited net asset value per share for the first quarter ending March 31, 2022will be released as part of our normal quarterly earnings reporting process and may differ materially from this estimated net asset value.
On ArrowMark Financial Corp.
ArrowMark Financial is a SECOND registered non-diversified closed-end 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 is no assurance that ArrowMark Financial will achieve its investment objective. ArrowMark Financial is subject to numerous risks, including investment and market risk, management risk, income and interest rate risk, banking industry risk, preferred stock risk, related to convertible securities, debt securities risk, liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risk, discounted market relative to 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 suitable for all investors. Investors should carefully review and consider ArrowMark Financial investment objective, risks, fees and expenses. Past performance does not guarantee future results.
The annual report, the semi-annual report and the other regulatory documents of the Company with the SECOND are accessible on the DRY website at www.sec.gov and on the Company’s website at ir.arrowmarkfinancialcorp.com.
Source: ArrowMark Financial Corp.
2022 GlobeNewswire, Inc., source Press Releases