ArrowMark Financial Corp (BANX) USD0.001

ArrowMark Financial Corp. is a non-diversified, closed-end management investment company. Its investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation. It achieves its investment objective through investment in preferred equity, debt and subordinated debt, structured notes and securities, convertible securities, regulatory capital securities and common equity issued or structured by banks and financial institutions, including community banks, larger regional, national and money center banks domiciled in the United States and foreign and global money center banks. Under normal circumstances, the company may invest at least 80% of the value of its net assets plus the amount of any borrowings for investment purposes in such banking-related securities. It indirectly invests in securities issued or structured by banks through structured securities and credit derivatives. Its investment advisor is ArrowMark Asset Management, LLC.