DENVER, Jan. 15, 2025 (GLOBE NEWSWIRE) — ArrowMark Monetary Corp., (NASDAQ: BANX) (“ArrowMark Monetary”), right this moment introduced that BANX’s estimated and unaudited Internet Asset Worth (NAV) as of December 31, 2024, was $21.80.
This estimated NAV will not be a complete assertion of our monetary situation or outcomes for the month December 31, 2024.
About ArrowMark Monetary Corp. ArrowMark Monetary Corp. is an SEC registered non-diversified, closed-end fund listed on the underneath the image BANX. Its funding goal is to offer shareholders with present revenue. BANX pursues its goal by investing primarily in regulatory capital securities of economic establishments. BANX is managed by ArrowMark Asset Administration, LLC. To be taught extra, go to ir.arrowmarkfinancialcorp.com, or contact Destra at 877.855.3434 or by e mail at [email protected].
Disclaimer and Threat Elements:There isn’t a assurance that ArrowMark Monetary will obtain its funding goal. ArrowMark Monetary is topic to quite a few dangers, together with funding and market dangers, administration threat, revenue and rate of interest dangers, banking business dangers, most well-liked inventory threat, convertible securities threat, debt securities threat, liquidity threat, valuation threat, leverage threat, non-diversification threat, credit score and counterparty dangers, market at a reduction from web asset worth threat and market disruption threat. Shares of closed-end funding firms might commerce above (a premium) or under (a reduction) their web asset worth. Shares of ArrowMark Monetary is probably not applicable for all traders. Buyers ought to evaluate and think about fastidiously ArrowMark Monetary’s funding goal, dangers, expenses and bills. Previous efficiency doesn’t assure future outcomes.
The Annual Report, Semi-Annual Report and different regulatory filings of the Firm with the SEC are accessible on the SEC’s web site at www.sec.gov and on the BANX’s web site at ir.arrowmarkfinancialcorp.com.
Contact:[email protected]
