# EDGAR Filing Document

**Accession Number:** 0001578987
**File Stem:** 0001752724-25-205103
**Filing Date:** 2025-8
**Character Count:** 27903
**Document Hash:** 368202aa1192bdeddf8938f20a0ccfec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205103.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205103

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**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:** 251255632

**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:** 2025-06-30

**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:** $224399116.56

**Total Liabilities:** $65984688.03

**Net Assets:** $158414428.53

**Cash Not Reported:** $8354901.47

**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:** 9.60393000 | **1-Year:** 5966.76543000 | **5-Year:** 18488.95574000 | **10-Year:** 1487.75714000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -4.28%               | -0.50%               | 6.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3050.57                 | $0.00                                      |
| Month 2  | $-509810.00              | $0.00                                      |
| Month 3  | $-1067848.12             | $7452450.99                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Algonquin                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1986708 | PA      | $1908471.31   | 1.20%             | 2028-11-01      | Floating      | 14.60%                | No            |                  2 | On Loan: No      |
| Pymes Magdalena                     | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 894500G461D1F4W8Z612 | Long             | ABS-CBDO         | CORP              | ES        |   2041863 | PA      | $2339069.59   | 1.48%             | 2050-03-20      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 3 - Series 4    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   4700000 | PA      | $5549652.28   | 3.50%             | 2039-09-30      | Floating      | 8.30%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 4 - Series 3    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $3444322.01   | 2.17%             | 2033-06-30      | Floating      | 11.42%                | No            |                  3 | On Loan: No      |
| Resonance                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 9695002OBNIICMSV0B38 | Long             | ABS-O            | CORP              | FR        |    488802 | PA      | $580102.76    | 0.37%             | 2026-10-05      | Floating      | 10.36%                | No            |                  3 | On Loan: No      |
| CRAFT                               | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |  10000000 | PA      | $10240000.00  | 6.46%             | 2031-11-21      | Floating      | 13.60%                | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 5 - Series 1    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |  10000000 | PA      | $10000000.00  | 6.31%             | 2034-10-21      | Floating      | 11.86%                | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 3 - Series 3    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   2000000 | PA      | $2002800.00   | 1.26%             | 2032-07-08      | Floating      | 13.99%                | 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      | $2518750.00   | 1.59%             | 2030-10-10      | Floating      | 12.84%                | No            |                  3 | On Loan: No      |
| Mespil                              | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   2740423 | PA      | $2611897.59   | 1.65%             | 2031-12-08      | Floating      | 14.36%                | No            |                  2 | On Loan: No      |
| Community Funding 2018, LLC         | Preferred Shares                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14860000 | PA      | $11427340.00  | 7.21%             | 2028-07-15      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 4 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   1500000 | PA      | $1766925.00   | 1.12%             | 2033-12-12      | Floating      | 9.16%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 1 - Series 2    | Profit Participating Note                                 | CUSIP: 273345329<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1179176 | PA      | $1182399.44   | 0.75%             | 2029-12-15      | Floating      | 11.56%                | No            |                  3 | On Loan: No      |
| TransPecos Finanical Corp.          | Senior Term Loan                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3500000.00   | 2.21%             | 2028-10-01      | Fixed         | 9.00%                 | No            |                  3 | On Loan: No      |
| Muskoka                             | Guarantee Linked Note                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2645272 | PA      | $2648735.02   | 1.67%             | 2027-11-10      | Floating      | 14.61%                | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 4 - Series 4    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1845589 | PA      | $2175098.80   | 1.37%             | 2039-11-28      | Floating      | 8.44%                 | 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      | $2979300.00   | 1.88%             | 2030-02-15      | Floating      | 10.86%                | No            |                  3 | On Loan: No      |
| Cedar                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 1VUV7VQFKUOQSJ21A208 | Long             | DBT              | CORP              | FR        |   2079484 | PA      | $2505744.52   | 1.58%             | 2027-12-15      | Floating      | 12.66%                | No            |                  2 | On Loan: No      |
| Absolute                            | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1610814 | PA      | $1614760.99   | 1.02%             | 2027-10-10      | Floating      | 16.80%                | No            |                  2 | On Loan: No      |
| Future Ready Chakra                 | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4583333 | PA      | $4501979.17   | 2.84%             | 2029-12-15      | Floating      | 12.34%                | No            |                  2 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79012 | PA      | $56690.01     | 0.04%             | 2026-12-16      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 3 - Series 1    | Profit Participating Note                                 | CUSIP: 283850285<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2564109 | PA      | $2564179.47   | 1.62%             | 2030-06-30      | Floating      | 10.81%                | No            |                  3 | On Loan: No      |
| Lorenz                              | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   1360741 | PA      | $1619233.81   | 1.02%             | 2030-12-27      | Floating      | 14.48%                | No            |                  2 | On Loan: No      |
| Cedar                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 1VUV7VQFKUOQSJ21A208 | Long             | ABS-O            | CORP              | FR        |   2993974 | PA      | $3600107.89   | 2.27%             | 2030-03-30      | Fixed         | 13.16%                | No            |                  3 | On Loan: No      |
| U.S. Bancorp                        | Call Options Written                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -23 | NC      | $-38870.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                          | Common Shares                                             | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      2300 | NS      | $104075.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 06739GDE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6998084 | PA      | $7545334.19   | 4.76%             | 2029-11-30      | Floating      | 16.22%                | No            |                  3 | On Loan: No      |
| LOFT                                | Credit Linked Note                                        | CUSIP: 25155KAY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | DE        |   6357653 | PA      | $6526131.18   | 4.12%             | 2030-02-28      | Floating      | 23.35%                | No            |                  3 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |   3676846 | PA      | $5115132.25   | 3.23%             | 2028-04-17      | Floating      | 14.46%                | No            |                  2 | On Loan: No      |
| Colisee                             | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   1157481 | PA      | $1359091.55   | 0.86%             | 2033-07-07      | Floating      | 10.30%                | No            |                  2 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 06739GDG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9386956 | PA      | $9544657.00   | 6.03%             | 2030-04-30      | Floating      | 16.36%                | No            |                  3 | On Loan: No      |
| Elvetia                             | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | SN               | CORP              | JE        |   2550000 | PA      | $3226989.73   | 2.04%             | 2031-01-21      | Floating      | 9.85%                 | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 3 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $3571308.81   | 2.25%             | 2034-12-31      | Floating      | 10.42%                | No            |                  3 | On Loan: No      |
| Algonquin                           | Guarantee Linked Note                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   4695549 | PA      | $4489374.33   | 2.83%             | 2027-05-01      | Floating      | 12.85%                | No            |                  2 | On Loan: No      |
| CRAFT                               | Credit Linked Note                                        | CUSIP: 25155KAZ8<br>LEI: N/A                  | Long             | SN               | CORP              | DE        |   5000000 | PA      | $5201000.00   | 3.28%             | 2030-11-28      | Floating      | 16.10%                | No            |                  2 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5040830 | PA      | $6695677.78   | 4.23%             | 2027-06-16      | Floating      | 14.72%                | No            |                  2 | On Loan: No      |
| CHAKRA                              | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4006400.00   | 2.53%             | 2027-11-21      | Floating      | 13.77%                | No            |                  2 | On Loan: No      |
| Nightingale LF                      | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2745300.00   | 1.73%             | 2028-04-01      | Floating      | 15.21%                | No            |                  3 | 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      | $609000.00    | 0.38%             | 2030-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LOFT                                | Credit Linked Note                                        | CUSIP: 25155KAX3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | DE        |   2726486 | PA      | $2812370.57   | 1.78%             | 2030-02-28      | Floating      | 11.85%                | No            |                  3 | 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   | 1.06%             |  |  |  | No            |                  3 | On Loan: No      |
| AMF Ireland Finance 1 - Series 1    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6998880 | PA      | $7433509.99   | 4.69%             | 2031-06-30      | Floating      | 17.84%                | No            |                  3 | On Loan: No      |
| Salisbury                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    610745 | PA      | $844995.02    | 0.53%             | 2028-03-20      | Floating      | 13.97%                | No            |                  3 | On Loan: No      |
| Premium Green PLC                   | 5 Year Secured Amortizing Floating Rate Note              | CUSIP: 000000000<br>LEI: 5493000S7VTDPDFJCP28 | Long             | DBT              | CORP              | IE        |   1642266 | PA      | $1942341.82   | 1.23%             | 2026-06-29      | Variable      | 11.76%                | No            |                  2 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3574551 | PA      | $3672135.86   | 2.32%             | 2029-01-15      | Floating      | 17.03%                | No            |                  3 | On Loan: No      |
| Waterloo                            | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: 254900Q1AXE1IXAJJM39 | Long             | SN               | CORP              | CA        |   2700000 | PA      | $2784375.00   | 1.76%             | 2031-05-25      | Floating      | 14.10%                | 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      | $3000000.00   | 1.89%             | 2033-05-31      | Floating      | 11.80%                | 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      | $5879737.43   | 3.71%             | 2033-05-09      | Floating      | 9.74%                 | No            |                  3 | On Loan: No      |
| Nansa                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | N/A       |    307685 | PA      | $353702.85    | 0.22%             | 2026-04-05      | Floating      | 0.00%                 | No            |                  3 | 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    | 0.08%             |  |  |  | No            |                  3 | On Loan: No      |
| Elvetia                             | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | SN               | CORP              | JE        |   2615080 | PA      | $2715108.83   | 1.71%             | 2030-10-20      | Floating      | 9.60%                 | No            |                  3 | On Loan: No      |
| CRAFT                               | Credit Linked Note                                        | CUSIP: 251541AR9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1025414 | PA      | $577923.39    | 0.36%             | 2026-01-20      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Terra                               | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5299364 | PA      | $5253789.68   | 3.32%             | 2029-09-25      | Floating      | 12.24%                | No            |                  2 | On Loan: No      |
| CRAFT                               | Credit Linked Note                                        | CUSIP: 25155KAV7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | DE        |   3034944 | PA      | $3051636.49   | 1.93%             | 2029-02-21      | Floating      | 13.09%                | No            |                  3 | On Loan: No      |
| Premium Green PLC                   | 5 Year Secured Amortizing Floating Rate Note              | CUSIP: 000000000<br>LEI: 5493000S7VTDPDFJCP28 | Long             | DBT              | CORP              | IE        |   1695005 | PA      | $1982056.02   | 1.25%             | 2026-11-10      | Variable      | 11.66%                | No            |                  2 | On Loan: No      |
| AMF Ireland Finance 2 - Series 2    | Profit Participating Note                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   3000000 | PA      | $3089100.00   | 1.95%             | 2032-04-19      | Floating      | 15.11%                | No            |                  3 | On Loan: No      |
| MSILF Treasury Securities Portfolio | MSILF Treasury Securities Portfolio                       | CUSIP: 61747C525<br>LEI: 549300OJY9IZ31SGS926 | Long             | STIV             | RF                | US        |   9566885 | NS      | $9566885.35   | 6.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Castelo                             | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-O            | CORP              | PT        |   1193810 | PA      | $1408146.80   | 0.89%             | 2037-08-15      | Floating      | 11.15%                | No            |                  2 | On Loan: No      |
| Boa Vista                           | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PT        |   1421373 | PA      | $1682845.36   | 1.06%             | 2043-05-02      | Floating      | 10.96%                | No            |                  2 | On Loan: No      |
| Colonnade                           | Credit Linked Note                                        | CUSIP: 06739GDD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3240966 | PA      | $3393615.82   | 2.14%             | 2029-04-30      | Floating      | 16.50%                | No            |                  3 | On Loan: No      |
| Manitoulin                          | Credit Linked Note                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2808386 | PA      | $2665772.44   | 1.68%             | 2027-11-01      | Floating      | 13.85%                | No            |                  2 | On Loan: No      |
| Tulsa Valley Bancshares             | Subordinated Term Loan                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1504500.00   | 0.95%             | 2028-12-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

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

**Signature:** Patrick J. Farrell

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

**Title:** Chief Financial Officer