ArrowMark Financial Corp (BANX)
18.43
-0.08
(-0.43%)
USD |
NASDAQ |
Apr 24, 16:00
18.37
-0.06
(-0.33%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 6.67% | -12.85% | 151.07M | 17033.63 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 12.30% | 16.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| AMFC’s primary investment objective is to provide stockholders with current income.To achieve our investment objectives through investments in preferred equity, subordinated debt, convertible securities, regulatory capital relief securities and, to a lesser extent, common equity. Under normal circumstances, to invest at least 80% of the value of our net assets plus the amount of any borrowings for investment purposes in such businesses. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Financial |
| Category Index | S&P 1500 Financials TR |
| Global Category Name | Financials Sector Equity |
| YCharts Categorization | Financials Equity |
| YCharts Benchmark | S&P 1500 Financials (Sector) Total Return (^SP15FINSTR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | ArrowMark Asset Management, LLC |
| Prospectus Benchmark Index | |
| Bloomberg US Agg exCorporate TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Patrick Farrell | 10.41 yrs |
| Rick Grove | 10.41 yrs |
| Sanjai Bhonsle | 10.41 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
| Investment Strategy | |
| AMFC’s primary investment objective is to provide stockholders with current income.To achieve our investment objectives through investments in preferred equity, subordinated debt, convertible securities, regulatory capital relief securities and, to a lesser extent, common equity. Under normal circumstances, to invest at least 80% of the value of our net assets plus the amount of any borrowings for investment purposes in such businesses. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Financial |
| Category Index | S&P 1500 Financials TR |
| Global Category Name | Financials Sector Equity |
| YCharts Categorization | Financials Equity |
| YCharts Benchmark | S&P 1500 Financials (Sector) Total Return (^SP15FINSTR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | ArrowMark Asset Management, LLC |
| Prospectus Benchmark Index | |
| Bloomberg US Agg exCorporate TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Patrick Farrell | 10.41 yrs |
| Rick Grove | 10.41 yrs |
| Sanjai Bhonsle | 10.41 yrs |