# EDGAR Filing Document

**Accession Number:** 0001578987
**File Stem:** 0000940400-26-009225
**Filing Date:** 2026-2
**Character Count:** 27121
**Document Hash:** 8ee63bd8574864e6de89254aa845b906
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-009225.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000940400-26-009225

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ArrowMark Financial Corp.
- **CENTRAL INDEX KEY:** 0001578987

**ORGANIZATION NAME:**
- **EIN:** 900934878
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22853
- **FILM NUMBER:** 26700161

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FILLMORE STREET, SUITE 325
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** (303) 398-2929

**MAIL ADDRESS:**
- **STREET 1:** 100 FILLMORE STREET, SUITE 325
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** StoneCastle Financial Corp.
- **DATE OF NAME CHANGE:** 20130611

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ArrowMark Financial Corp.

- **b. Investment Company Act file number:** 811-22853

- **c. CIK number of Registrant:** 0001578987

- **d. LEI of Registrant:** 549300IG3L8MH4JMIN52

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Fillmore Street

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** (303) 398-2929

**Item A.2. Information about the Series.**

- **a. Name of Series:** ArrowMark Financial Corp.

- **c. LEI of Series:** 549300IG3L8MH4JMIN52

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $201982715.39

**Total Liabilities:** $30440319.91

**Net Assets:** $171542395.48

**Cash Not Reported:** $2247881.27

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.55779000 | **1-Year:** 6191.37120000 | **5-Year:** 13372.82307000 | **10-Year:** 828.49975000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -3.47%               | 3.78%                | 3.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $29916.80                | $0.00                                      |
| Month 2  | $-674281.98              | $0.00                                      |
| Month 3  | $-83501.62               | $489631.49                                 |

### Schedule of Portfolio Investments

| Name                                | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| U.S. Bancorp                        | Call Options Written                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |     -1101 | NC      | $-1767105.00  | -1.03%            |  |  |  | No            |                  1 | On Loan: No      |
| AMF Ireland Finance 5 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4996500.00   | 2.91%             | 2029-12-15      | Floating      | 9.98%                 | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 5 - Series 1    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |  10000000 | PA      | $10127420.00  | 5.90%             | 2034-10-21      | Floating      | 11.77%                | No            |                  3 | On Loan: No      |
| CHAKRA                              | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3206404 | PA      | $3019531.19   | 1.76%             | 2027-11-21      | Floating      | 13.63%                | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 1 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    643846 | PA      | $645652.27    | 0.38%             | 2029-12-15      | Floating      | 11.09%                | No            |                  3 | On Loan: No      |
| Algonquin                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1965343 | PA      | $1893946.78   | 1.10%             | 2028-11-01      | Floating      | 14.47%                | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 3 - Series 3    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   2000000 | PA      | $1919137.29   | 1.12%             | 2032-07-08      | Floating      | 13.73%                | No            |                  3 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    607567 | PA      | $844391.18    | 0.49%             | 2028-03-20      | Floating      | 13.48%                | No            |                  3 | On Loan: No      |
| CRAFT                               | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | DE        |  10000000 | PA      | $10442870.00  | 6.09%             | 2031-11-21      | Floating      | 13.47%                | No            |                  3 | On Loan: No      |
| Mespil                              | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   2096518 | PA      | $1257910.77   | 0.73%             | 2031-12-08      | Floating      | 14.31%                | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 4 - Series 3    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $3403600.71   | 1.98%             | 2033-06-30      | Floating      | 10.93%                | No            |                  3 | On Loan: No      |
| Colisee                             | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    925466 | PA      | $1082311.72   | 0.63%             | 2033-07-07      | Floating      | 10.03%                | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 4 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   1200537 | PA      | $1414398.23   | 0.82%             | 2033-12-12      | Floating      | 8.92%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 2 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   2861538 | PA      | $2948927.02   | 1.72%             | 2032-04-19      | Floating      | 15.07%                | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 4 - Series 5    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $2964201.00   | 1.73%             | 2030-02-15      | Floating      | 10.74%                | No            |                  2 | On Loan: No      |
| LOFT                                | Credit Linked Note                                        | CUSIP: 25155KAY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | DE        |   6068815 | PA      | $6925519.69   | 4.04%             | 2030-02-28      | Floating      | 23.36%                | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 2 - Series 4    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   4000000 | PA      | $4006272.00   | 2.34%             | 2031-11-30      | Floating      | 11.69%                | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 2 - Series 3    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $5899010.42   | 3.44%             | 2033-05-09      | Floating      | 9.61%                 | No            |                  3 | On Loan: No      |
| Tulsa Valley Bancshares             | Subordinated Term Loan                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1530000.00   | 0.89%             | 2028-12-31      | Fixed         | 6.38%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 4 - Series 4    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1444584 | PA      | $1706295.63   | 0.99%             | 2039-11-28      | Floating      | 8.52%                 | No            |                  3 | On Loan: No      |
| Cedar                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 1VUV7VQFKUOQSJ21A208 | Long             | DBT              | CORP              | FR        |   2079484 | PA      | $2490719.48   | 1.45%             | 2027-12-15      | Floating      | 12.55%                | No            |                  3 | On Loan: No      |
| CRAFT                               | Credit Linked Note                                        | CUSIP: 251541AR9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    270544 | PA      | $243489.24    | 0.14%             | 2026-01-20      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Future Ready Chakra                 | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4466667 | PA      | $4388946.67   | 2.56%             | 2029-12-15      | Floating      | 12.10%                | No            |                  2 | On Loan: No      |
| Cedar                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 1VUV7VQFKUOQSJ21A208 | Long             | ABS-O            | CORP              | FR        |   2612639 | PA      | $3187526.57   | 1.86%             | 2030-03-30      | Floating      | 13.05%                | No            |                  3 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5082186 | PA      | $5268489.01   | 3.07%             | 2029-04-30      | Floating      | 16.46%                | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 3 - Series 4    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   4700000 | PA      | $5543264.00   | 3.23%             | 2039-09-30      | Floating      | 8.03%                 | No            |                  3 | On Loan: No      |
| Algonquin                           | Guarantee Linked Note                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    526153 | PA      | $473537.61    | 0.28%             | 2027-05-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 3 - Series 1    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1974360 | PA      | $1975796.78   | 1.15%             | 2030-06-30      | Floating      | 10.34%                | No            |                  3 | On Loan: No      |
| Community Funding 2018, LLC         | Preferred Shares                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14860000 | PA      | $11592286.00  | 6.76%             | 2028-07-15      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| Terra                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3273213 | PA      | $3238352.89   | 1.89%             | 2029-09-25      | Floating      | 11.93%                | No            |                  2 | On Loan: No      |
| TransPecos Finanical Corp.          | Senior Term Loan                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3600000.00   | 2.10%             | 2028-10-01      | Fixed         | 9.00%                 | No            |                  3 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4590913 | PA      | $4809062.95   | 2.80%             | 2029-01-15      | Floating      | 16.98%                | No            |                  3 | On Loan: No      |
| Nansa                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | N/A       |    307685 | PA      | $121277.77    | 0.07%             | 2026-04-05      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Muskoka                             | Guarantee Linked Note                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     15438 | PA      | $13894.10     | 0.01%             | 2027-11-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Absolute                            | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1017923 | PA      | $1018883.94   | 0.59%             | 2027-10-10      | Floating      | 16.84%                | No            |                  2 | On Loan: No      |
| F.N.B.C of La Grange, Inc.          | Subordinated Term Loan                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $647500.00    | 0.38%             | 2030-01-01      | Fixed         | 6.38%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 1 - Series 4    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1700000 | PA      | $1997840.00   | 1.16%             | 2029-08-20      | Floating      | 9.65%                 | No            |                  3 | On Loan: No      |
| AMFI Finance 1 DAC Note 2           | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $2996463.00   | 1.75%             | 2033-05-31      | Floating      | 11.77%                | No            |                  3 | On Loan: No      |
| Lorenz                              | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    958501 | PA      | $1131362.00   | 0.66%             | 2030-12-27      | Floating      | 14.40%                | No            |                  2 | On Loan: No      |
| Fidelity Federal Bancorp            | Fixed Rate Cumulative Perpetual Preferred Stock, Series A | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2789000 | NS      | $1673400.00   | 0.98%             |  |  |  | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 1 - Series 1    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6998551 | PA      | $7489058.54   | 4.37%             | 2031-06-30      | Floating      | 17.58%                | No            |                  3 | On Loan: No      |
| Manitoulin                          | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2788758 | PA      | $2649871.98   | 1.54%             | 2027-11-01      | Floating      | 13.72%                | No            |                  2 | On Loan: No      |
| EverBank Financial Corp             | Senior Term Loan                                          | CUSIP: 29977GAE2<br>LEI: 549300ZSQX8IP0RAE826 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2065000.00   | 1.20%             | 2035-09-01      | Fixed         | 7.50%                 | No            |                  3 | On Loan: No      |
| Waterloo                            | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 254900Q1AXE1IXAJJM39 | Long             | ABS-O            | CORP              | CA        |   2700000 | PA      | $2733750.00   | 1.59%             | 2031-05-25      | Floating      | 13.96%                | No            |                  2 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     17352 | PA      | $19881.53     | 0.01%             | 2026-12-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Federal Bancorp            | Fixed Rate Cumulative Perpetual Preferred Stock, Series B | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    200000 | NS      | $120000.00    | 0.07%             |  |  |  | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 4 - Series 1    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2531500.00   | 1.48%             | 2030-10-10      | Floating      | 12.56%                | No            |                  3 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9154459 | PA      | $9666889.16   | 5.64%             | 2030-04-30      | Floating      | 16.32%                | No            |                  3 | On Loan: No      |
| CRAFT                               | Credit Linked Note                                        | CUSIP: 25155KAV7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | DE        |   2478103 | PA      | $2905104.68   | 1.69%             | 2029-02-21      | Floating      | 12.64%                | No            |                  3 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7009653 | PA      | $7476450.33   | 4.36%             | 2029-11-30      | Floating      | 16.18%                | No            |                  3 | On Loan: No      |
| Nightingale LF                      | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2695900.00   | 1.57%             | 2028-04-01      | Floating      | 14.72%                | No            |                  2 | On Loan: No      |
| CRAFT                               | Credit Linked Note                                        | CUSIP: 25155KAZ8<br>LEI: N/A                  | Long             | SN               | CORP              | DE        |   4962156 | PA      | $5160979.55   | 3.01%             | 2030-11-28      | Floating      | 15.94%                | No            |                  2 | On Loan: No      |
| U.S. Bancorp                        | Common Stock                                              | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    110100 | NS      | $5874936.00   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Pymes Magdalena                     | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 894500G461D1F4W8Z612 | Long             | SN               | CORP              | ES        |   1272601 | PA      | $1471033.32   | 0.86%             | 2050-03-20      | Floating      | 8.00%                 | No            |                  3 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5030793 | PA      | $6689663.00   | 3.90%             | 2027-06-16      | Floating      | 14.47%                | No            |                  2 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |   3707920 | PA      | $5249744.40   | 3.06%             | 2028-04-17      | Floating      | 13.97%                | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 3 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2570608 | PA      | $3036433.38   | 1.77%             | 2034-12-31      | Floating      | 10.33%                | No            |                  3 | On Loan: No      |
| LOFT                                | Credit Linked Note                                        | CUSIP: 25155KAX3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | DE        |   2726486 | PA      | $2862829.65   | 1.67%             | 2030-02-28      | Floating      | 11.86%                | No            |                  3 | On Loan: No      |
| MSILF Treasury Securities Portfolio | MSILF Treasury Securities Portfolio                       | CUSIP: 61747C525<br>LEI: 549300OJY9IZ31SGS926 | Long             | STIV             | RF                | US        |    968661 | NS      | $968660.62    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Boa Vista                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PT        |   1057785 | PA      | $1247770.90   | 0.73%             | 2043-05-02      | Floating      | 11.07%                | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** ArrowMark Financial Corp.

**Signature:** Patrick J. Farrell

**Name of Signer:** Patrick J. Farrell

**Title:** Chief Financial Officer