Apollo Senior Floating Rate Fund:AFT

    Manage Alerts


    As of 7/3/2022. NAV as of 7/1/2022.

    52 Wk Avg$15.43$16.32-5.53%
    52 Wk High$17.20$16.762.28%
    52 Wk Low$12.67$14.41-15.21%
    Regular Distribution TypeIncome Only
    Distribution Rate7.89%
    Distribution Amount$0.0850
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment seeks to seek current income and preservation of capital. The fund normally invests at least 80% of assets in floating rate Senior Loans and investments with similar economic characteristics. Senior Loans typically pay interest at rates that are determined periodically on the basis of a floating base lending rate, primarily the London-Interbank Offered Rate, plus a premium. It is non-diversified.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$354.326M
    Total Common Assets:$224.426M
    Common Shares Outstanding:15,573,575

    As of 7/1/2022

    Preferred Share Assets:
    Total Debt (USD): $129.899M
    Regulatory Leverage (USD): $129.899M
    Effective Leverage (USD): $129.899M
    Effective Leverage (%): 36.66%
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management Fees1.50%
    Other Expenses:0.86%
    Baseline Expense: N/A
    Interest Expense:0.53%
    Total: 2.89%
    Fund Management

    Fund Sponsor
    Apollo Credit Management, LLC

    Portfolio Managers
    Joseph Moroney, Bret Leas, Robert Ruberton, Alexander B Wright

    Category: Fixed Income - Taxable-Senior Loans
    Ticker: AFT
    NAV Ticker: XAFTX
    Average Daily Volume (shares): 68,531
    Average Daily Volume (USD): $1.059M
    Inception Date: 2/23/2011
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports


    As of 7/3/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2021
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    Total Return on NAV (12 months):
    As of 7/3/2022
    Avg. Portfolio Coupon:
    As of 7/3/2022
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-6.64%
    1 Year-5.53%
    3 Year-10.22%
    5 Year-9.86%

    As of 7/4/2022

    3 Month0.82
    6 Month-0.54
    1 Year-1.05
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2022
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/1/2022
    Number of Holdings:
    As of 9/30/2021
    Annual Portfolio Turnover:
    As of 12/31/2021
    Asset Allocation

    As of 9/30/2021

    Top Sectors

    As of 9/30/2021

    Corporate (Super Sector)146.14%
    Bank Loan142.14%
    Cash Equivalents3.91%
    Cash Equivalents (Super Sector)3.91%
    Corporate Bond3.57%
    Preferred Stock0.42%
    Top Holdings

    As of 9/30/2021

    HoldingValue% Portfolio
    Asset Offset$43.80M16.86%
    Dti Holdco T/L B-1 (Epiq)$9.05M3.48%
    Milano Acquisition T/L B$8.71M3.35%
    Bleriot T/L B (02/21)$8.31M3.20%
    Peraton T/L B$7.78M3.00%
    Medical Card Systems - C/S$7.47M2.87%
    Truck Hero T/L (1/21) (Tectum)$7.13M2.75%
    United Airlines T/L B (4/21)$7.10M2.73%
    Allied Universal Services T/L (4/21)$7.08M2.73%
    Other Liability$-184.62M-71.07%
    Credit Quality

    As of 9/30/2021

    Maturity Breakdown

    As of 9/30/2021

    Country Allocation

    As of 9/30/2021

    Country% Portfolio
    United States - Fixed Income128.23%
    Others - Fixed Income13.36%
    United States - Equity4.15%
    Canada - Fixed Income3.08%
    Finland - Fixed Income1.04%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.