Enhanced Investments - Financial Portal

StoneCastle Financial Corp. Releases Month End Net Asset Value as of August 2020

Published: 2020-09-21 21:45:00 ET

DENVER, Sept. 21, 2020 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp., (NASDAQ:BANX) ("StoneCastle Financial" or the “Company”), today announced that the Company’s unaudited Net Asset Value (“NAV”) as of August 31, 2020 was $21.04. The NAV was up $0.22 or approximately 1% as compared to the prior month-end.

This NAV is not a comprehensive statement of our financial condition or results for the month ended August 31, 2020. We advise you that our NAV per share for the third quarter ended September 30, 2020 may differ materially from this NAV, which is given only as of August 31, 2020.

AboutStoneCastle Financial Corp.

StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol "BANX.” Its investment objective is to provide stockholders with current income and, to a lesser extent, capital appreciation. StoneCastle Financial is managed by StoneCastle-ArrowMark Asset Management, LLC. To learn more, visit www.stonecastle-financial.com.

Disclaimer and Risk Factors:

There is no assurance that StoneCastle Financial will achieve its investment objective. StoneCastle Financial is subject to numerous risks, including investment and market risks, management risk, income and interest rate risks, banking industry risks, preferred stock risk, convertible securities risk, debt securities risk, liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risks, market at a discount from net asset value risk and market disruption risk. Shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. Shares of StoneCastle Financial may not be appropriate for all investors. Investors should review and consider carefully StoneCastle Financial's investment objective, risks, charges and expenses. Past performance does not guarantee future results.

The Annual Report, Semi-Annual Report and other regulatory filings of the Company with the SEC are accessible on the SEC's website at www.sec.gov and on the Company's website at www.stonecastle-financial.com.

Contact:

Julie Muraco212-468-5441

Source: StoneCastle Financial Corp.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.