Apollo Tactical Income Fund Inc. (AIF) Research
Apollo Tactical Income Fund Inc. operates as a closed-end investment vehicle specializing in debt securities, with its management entrusted to Apollo Credit Management, LLC. The fund primarily allocates capital within the fixed income sphere, concentrating on senior secured loans (including floating-rate varieties), high-yield corporate bonds, and a range of other credit instruments with diverse maturities. These investments are typically made in companies whose debt ratings are considered below investment grade. A key aspect of its strategy involves a meticulous credit selection process, emphasizing robust collateral coverage, structural seniority, and strong credit fundamentals. This includes seeking out companies with established, defensible market positions, consistent positive cash flow, and experienced management teams to construct its portfolio. The fund was established in the United States on February 25, 2013.
Market snapshot
- Symbol
- AIF
- Price
- $14.82
- Day change
- -0.27%
- Market cap
- $214.4M
- P/E ratio
- 6.19x
- 52-week range
- 12.49-15.449
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Apollo Senior Floating Rate Fund Inc. (AFT)
- BlackRock International Dividend Fund - Class A (BREAX)
- Allspring C&B Mid Cap Value Fund Class A (CBMAX)
- Allspring C&B Mid Cap Value Fund Admin Cl (CBMIX)
- CLS Growth and Income Fund Class N (CLERX)
- First Trust Dynamic Europe Equity Income Fund (FDEU)
- The New America High Income Fund Inc. (HYB)
- Nuveen Large-Cap Value Fund Class R3 (NMMTX)
Recent insider activity
- Vanek James — D-Return (13880 shares) on 2024-07-22
- STEIN ELLIOT JR — D-Return (600 shares) on 2024-07-22
- Coffey Meredith — trade (0 shares) on 2023-06-09
- Cohen Barry J. — S-Sale (7882 shares) on 2024-02-29
- Cohen Barry J. — S-Sale (6000 shares) on 2024-03-01
Open Apollo Tactical Income Fund Inc. (AIF) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.