STONECASTLE FINANCIAL CORP:BANX

    Manage Alerts

    Overview

    As of 3/1/2021. NAV as of 10/30/2020.

     Share
    Price
    NAVPremium/
    Discount
    Current$20.70$21.020.53%
    52 Wk Avg$18.21$20.40-10.76%
    52 Wk High$22.10$21.830.65%
    52 Wk Low$9.25$19.00-53.69%
    Regular Distribution TypeIncome Only
    Distribution Rate8.31%
    Distribution Amount$0.4300
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The company’s primary investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation. The company’s strategy is focused on income generation, capital preservation, credit quality and providing risk-adjusted rates of return.

    Capital Structure

    As of 3/1/2021

    Total Investment Exposure:$168.105M
    Total Common Assets:$135.105M
    Common Shares Outstanding:6,561,700
    Leverage

    As of 3/1/2021

    Preferred Share Assets:
    Total Debt (USD): $33.000M
    Regulatory Leverage (USD): $33.000M
    Effective Leverage (USD): $33.000M
    Effective Leverage (%): 19.63%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 4.39%
    Fund Management

    Fund Sponsor
    StoneCastle-ArrowMark Asset Management

    Portfolio Managers
    Sanjai Bhonsle, Patrick J Farrell

    Basics
    Category: Equity-Sector Equity
    Ticker: BANX
    NAV Ticker: XBANX
    Average Daily Volume (shares): 16,292
    Average Daily Volume (USD): $0.285M
    Inception Date: 11/7/2013
    Inception Share Price: $25.00
    Inception NAV: $23.49
    Tender Offer: No
    Term: Yes
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 3/1/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2020
    $0.7914
    Annualized Distribution Rate on NAV:
    As of 3/1/2021
    8.35%
    Total Return on NAV (12 months):
    As of 3/1/2021
    -1.98%
    Total % Portfolio Effectively Leveraged:
    As of 3/1/2021
    19.63%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 3/2/2021

    PeriodAvg Discount
    6 Month-6.19%
    1 Year-10.76%
    3 Year-3.52%
    5 Year-5.75%
    Z-Score

    As of 3/1/2021

    PeriodZStat
    3 Month1.61
    6 Month1.91
    1 Year1.41
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 2/28/2021
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD6.57%-2.05%6.44%2.62%
    2020-10.11%0.07%5.15%5.71%
    201915.54%9.34%26.64%22.38%
    2018-4.12%6.64%-12.35%-9.96%
    20177.70%9.05%18.18%12.88%
    201614.66%5.18%17.45%14.67%
    2015-16.28%6.01%-15.98%-12.75%
    2014-20.72%-0.41%5.16%4.65%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 2/28/2021
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Annual Portfolio Turnover:
    As of 12/31/2020
    13.00%
    Top Holdings

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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