ArrowMark Financial Corp.

Frequently Asked Questions About BANX

What does BANX invest in?

StoneCastle Financial Corp., a closed-end mutual fund managed by StoneCastle Asset Management LLC, implements a diversified investment approach. Its equity holdings are primarily concentrated in publicly traded companies within the U.S. banking industry, specifically including dividend-paying growth and value stocks. As for its fixed-income allocation, the fund invests in subordinated debt securities that maintain a Kroll Ratings assessment of BBB- or higher. The fund builds its portfolio through a meticulous bottom-up, fundamental analysis strategy. This process involves a comprehensive review of past and future financial data, direct interviews with the management and essential personnel of potential banking investments, and the development of detailed financial models and projections. Furthermore, the fund carefully monitors broader economic indicators, such as changes in interest rates, unemployment rates, home prices, and overall economic activity. Proprietary research also plays a crucial role in shaping its investment choices. StoneCastle Financial Corp. was established on February 7, 2013, and is domiciled in the United States.

What is the expense ratio of BANX?

An expense ratio for ArrowMark Financial Corp. (BANX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is BANX?

ArrowMark Financial Corp. (BANX) manages $200.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BANX actively managed or an index fund?

BANX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BANX launched?

ArrowMark Financial Corp. (BANX) launched in November 2013 and is managed by the fund issuer.

How has BANX performed?

BANX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.