BANX - BANX: Producing Steady Cash Flow For Income Investors
2024-06-24 12:27:19 ET
Summary
- ArrowMark Financial Corp is an enticing investment choice in the high-yield space, coming back down to an attractive discount level.
- BANX invests in regulatory capital relief securities, which have been helping deliver solid cash flows due to their floating rates.
- Even with potential rate cuts on the horizon, BANX is expected to maintain strong distribution coverage as long as we don't fall back to a zero-rate environment.
Written by Nick Ackerman, co-produced by Stanford Chemist. ...
BANX: Producing Steady Cash Flow For Income Investors