Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. The fund invests in fixed income markets. It primarily invests in senior secured loans including floating rate senior loans, high yield corporate bonds, and other credit instruments of varying maturities made to companies whose debt is typically rated below investment grade. The fund employs a conservative approach to credit selection that focuses on such factors as collateral coverage, structural seniority, credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams to create its portfolio. Apollo Tactical Income Fund Inc. was formed on February 25, 2013 and is domiciled in the United States.
Industry, Sector and Symbol
Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
SectorMiscellaneous
Phone212-515-3200
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
Apollo Tactical Income Fund (NYSE:AIF) Frequently Asked Questions
What is Apollo Tactical Income Fund's stock symbol?
Apollo Tactical Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIF."
How often does Apollo Tactical Income Fund pay dividends? What is the dividend yield for Apollo Tactical Income Fund?
Apollo Tactical Income Fund declared a monthly dividend on Monday, December 24th. Shareholders of record on Thursday, January 17th will be given a dividend of $0.107 per share on Thursday, January 31st. This represents a $1.28 annualized dividend and a yield of 8.87%. The ex-dividend date is Wednesday, January 16th. View Apollo Tactical Income Fund's Dividend History.
What price target have analysts set for AIF?
2 brokerages have issued 12 month target prices for Apollo Tactical Income Fund's shares. Their predictions range from $30.00 to $34.00. On average, they expect Apollo Tactical Income Fund's share price to reach $32.00 in the next year. This suggests a possible upside of 121.1% from the stock's current price. View Analyst Price Targets for Apollo Tactical Income Fund.
What is the consensus analysts' recommendation for Apollo Tactical Income Fund?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Tactical Income Fund in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apollo Tactical Income Fund.
Has Apollo Tactical Income Fund been receiving favorable news coverage?
News headlines about AIF stock have been trending very positive on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apollo Tactical Income Fund earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are some of Apollo Tactical Income Fund's key competitors?
Some companies that are related to Apollo Tactical Income Fund include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), Advent Claymore Convertible Secrts &IFII (AGC), Alliance California Municipal Income Fun (AKP), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Ares Dynamic Credit Allocation Fund (ARDC), Bitcoin Investment Trust (GBTC) and BLACKROCK 2022/COM (BGIO).
Who are Apollo Tactical Income Fund's key executives?
Apollo Tactical Income Fund's management team includes the folowing people:
- Mr. Frank F. Marra, Chief Financial Officer and Treasurer (Age 40)
- Mr. Joseph D. Glatt Esq., Chief Legal Officer and Sec. (Age 46)
- Ms. Cindy Z. Michel, Chief Compliance Officer (Age 45)
- Mr. Joseph Moroney CFA, Portfolio Mang. (Age 48)
- Mr. Bret Leas J.D., Portfolio Mang.
Who are Apollo Tactical Income Fund's major shareholders?
Which institutional investors are buying Apollo Tactical Income Fund stock?
How do I buy shares of Apollo Tactical Income Fund?
Shares of AIF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Apollo Tactical Income Fund's stock price today?
One share of AIF stock can currently be purchased for approximately $14.47.
What is Apollo Tactical Income Fund's official website?
How can I contact Apollo Tactical Income Fund?
Apollo Tactical Income Fund's mailing address is 9 W 57th St, NEW YORK, NY 10019-2701, United States. The company can be reached via phone at 212-515-3200.
MarketBeat Community Rating for Apollo Tactical Income Fund (NYSE AIF)
MarketBeat's community ratings are surveys of what our community members think about Apollo Tactical Income Fund and other stocks. Vote "Outperform" if you believe AIF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIF will underperform the S&P 500 over the long term. You may vote once every thirty days.
