ArrowMark Financial reports Q1 NII $0.42/share, NAV $21.44, distribution raised $0.01 to $0.39

ArrowMark Financial Corp.

Net investment income $3.0M ($0.42/share); net realized & unrealized loss ($0.29)/share.
NAV $21.44, down $0.26 from prior quarter; total net assets $152.2M.
Invested $6.0M in one investment; received $17.2M proceeds from calls and paydowns.
Estimated annualized portfolio yield 9.53% (up 5 bps from 9.48% prior quarter).
Declared regular cash distribution $0.39/share (increase of $0.01); paid March 28, 2022.

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