Apollo Tactical Income Fund Inc.:AIF

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$13.37$14.64-8.70%
    52 Wk Avg$12.51$14.27-12.32%
    52 Wk High$13.70$14.83-7.90%
    52 Wk Low$11.74$13.79-15.39%
    Regular Distribution Type†Income Only
    Distribution Rate10.95%
    Distribution Amount$0.1220
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to seek current income with a secondary objective of preservation of capital by investing in a portfolio of senior loans, corporate bonds and other credit instruments of varying maturities. The Fund seeks to generate current income and preservation of capital primarily by allocating assets among different types of credit instruments based on absolute and relative value considerations. Under normal market conditions, the Fund invests at least 80% of its managed.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$332.654M
    Total Common Assets:$211.801M
    Common Shares Outstanding:14,464,026
    Leverage

    As of 9/29/2023

    Preferred Share Assets:
    Total Debt (USD): $120.853M
    Regulatory Leverage (USD): $120.853M
    Effective Leverage (USD): $120.853M
    Effective Leverage (%): 36.33%
    Annual Expense Ratios

    As of 12/31/2022

      Per Common Share
    Management Fees1.56%
    Other Expenses:0.86%
    Baseline Expense: N/A
    Interest Expense:1.58%
    Total: 4.00%
    Fund Management

    Fund Sponsor
    Apollo Credit Management, LLC

    Portfolio Managers
    Joseph Moroney, Bret Leas, James Vanek

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: AIF
    NAV Ticker: XAIFX
    Average Daily Volume (shares): 68,979
    Average Daily Volume (USD): $0.867M
    Inception Date: 2/25/2013
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/29/2023

    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.

    to
    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 6/30/2023    		 $0.7862
    Annualized Distribution Rate on NAV:
    As of 9/29/2023    		10.00%
    Total Return on NAV (12 months):
    As of 9/29/2023    		16.94%
    Avg. Portfolio Coupon:
    As of 9/29/2023    		 7.88%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		36.33%

    Pricing Information

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

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-12.34%
    1 Year-12.32%
    3 Year-10.86%
    5 Year-11.51%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month1.78
    6 Month2.17
    1 Year2.22
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD20.32%13.39%5.35%5.29%
    2022-13.39%-8.75%-15.67%-10.18%
    202112.34%7.67%18.38%9.49%
    20203.46%2.84%1.13%3.11%
    201919.26%12.68%21.79%13.91%
    2018-4.73%-0.37%-5.54%-2.01%
    201710.32%9.52%9.77%9.23%
    201622.67%16.92%19.94%16.22%
    2015-4.43%-4.90%-4.93%-4.43%
    2014-2.49%1.67%2.04%2.36%
    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 9/30/2023
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/29/2023    		7.88%
    Number of Holdings:
    As of 9/30/2022    		140
    Annual Portfolio Turnover:
    As of 12/31/2022    		90.90%
    Average Bond Price:
    As of 9/30/2022    		$81.97
    Asset Allocation

    As of 9/30/2022

    Top Sectors

    As of 9/30/2022

    Sector%Portfolio
    Corporate (Super Sector)141.04%
    Bank Loan113.98%
    Corporate Bond26.30%
    Asset Backed10.31%
    Securitized (Super Sector)10.31%
    Cash Equivalents3.57%
    Cash Equivalents (Super Sector)3.57%
    Convertible0.56%
    Preferred Stock0.20%
    Top Holdings

    As of 9/30/2022

    HoldingValue% Portfolio
    Asset Offset$13.85M6.91%
    Milano Acquisition T/L B$8.20M4.09%
    Peraton T/L B$7.17M3.58%
    Advarra Holdings T/L$6.31M3.15%
    Inovalon Holdings 1st Lien T/L (11/21)$6.15M3.07%
    Imperva T/L$5.76M2.87%
    Lsf11 A5 Holdco T/L B (Aoc/Aliancys)$5.56M2.77%
    Anaplan T/L$5.54M2.76%
    Mcgraw-Hill Education (Mav Acquisition) T/L (07/21)$5.21M2.60%
    Other Liability$-125.81M-62.75%
    Credit Quality

    As of 9/30/2022

    Maturity Breakdown

    As of 9/30/2022

    Country Allocation

    As of 9/30/2022

    Country% Portfolio
    United States - Fixed Income141.92%
    Others - Fixed Income5.39%
    Finland - Fixed Income2.76%
    United States - Equity0.92%
    Canada - Fixed Income0.51%

    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.

    NOTES:

    † 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.

    E-2949862P-E0623W

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