BANX CEF — ArrowMark Financial Corp

ArrowMark Financial Corp (BANX)

BANX is a low-cost CEF. its distribution rate is 8.54%, its trailing-12-month yield is 12.33%. Dividend Vision Distribution Safety Score™ is 92/100 (Safe). Total return is 166.2% over the past 12.9 years, 283.9 points behind SPY at 450.1%.

At the current 8.54% distribution rate, a $10,000 investment would generate approximately $854 per year, or $71.17 per month.

BANX performance versus SPY

Price and return data through 2026-09-21.

Total return is 166.2% over the past 12.9 years, 283.9 points behind SPY at 450.1%. Over the past year its total return — price change plus distributions reinvested — is 4.3%. Its deepest 1-year drawdown was 13.2%.

BANX key facts

Distribution Safety Score™

92 · Safe

Safety-Adjusted Yield

7.86%

Issuer

ArrowMark

Asset type

CEF

Asset class

Fixed Income

Distribution rate

8.54%

Distribution frequency

Monthly

Trailing yield

12.33%

5-year average yield

8.74

Last close

$21.08 (as of 2026-09-21)

NAV

N/A

Premium / discount

N/A

Market cap

$202,431,984

Average volume

45100.0

Next dividend

$0.15

Next ex-dividend date

09/23/2026 (as of 2026-09-23)

Next payment date

09/30/2026 (as of 2026-09-30)

Beta

0.281

How Dividend Vision calculates yield and returns

Distribution rate (8.54%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (12.33%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ArrowMark; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BANX risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.2%.

Who may consider BANX — and who may not

BANX may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from ArrowMark.