# ArrowMark Financial Corp. (BANX): Mutual Fund Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/banx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: — · Asset class: Equity
- Strategy: Thematic · Inception: 2013-11-07

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 re...

## Key Facts

| Metric | Value |
|---|---|
| Price | $19.75 |
| Expense Ratio | — |
| Assets Under Management | $191.3M |
| NAV | — |
| Holdings Count | — |
| Distribution Yield (TTM) | 12.41% |
| Annual Distribution (TTM) | $2.45 /share |
| Distribution Frequency | Quarterly |
| 52-Week Range | $18.45 – $22.50 |
| Beta | 0.29 |

## Latest Distribution

- Amount: $0.1000 /share
- Ex-date: 2026-12-24
- Pay date: 2026-12-31

## Frequently Asked Questions

### 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 $191.3M 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.

### Does BANX pay a dividend?

ArrowMark Financial Corp. (BANX) currently distributes little or no income. Trailing-twelve-month yield is 12.41%. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does BANX pay dividends?

ArrowMark Financial Corp. pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is BANX's dividend yield?

BANX's trailing-twelve-month yield is 12.41%, calculated from the sum of dividends over the past year divided by the current price.

### When is BANX's next ex-dividend date?

The most recently announced ex-dividend date for BANX was 2026-12-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page.

### Why is BANX's expense ratio not shown?

Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check monthly) report an expense ratio for ArrowMark Financial Corp. (BANX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number.

### How does BANX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from BANX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/banx
- Distribution history: https://www.dividenddata.com/funds/banx/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/banx/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/banx/expenses
- Peer comparison: https://www.dividenddata.com/funds/banx/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.