Apollo Tactical Income Fund Inc.:AIF

    Manage Alerts


    As of 9/22/2021

    52 Wk Avg$14.66$16.39-10.68%
    52 Wk High$16.12$16.86-4.65%
    52 Wk Low$12.46$15.18-18.44%
    Regular Distribution TypeIncome Only
    Distribution Rate6.92%
    Distribution Amount$0.0900
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to achieve its objectives by allocating its assets among different types of credit instruments based on absolute and relative value considerations and its analysis of the credit markets. It expects its investments to initially consist primarily of senior, secured loans (“Senior Loans”) and high yield corporate bonds (“Corporate Bonds”). Normally at least 80% of the Fund's managed assets will be invested in credit instruments and investments with similar economic characteristics. The Fund will not invest more than 20% of its Managed Assets in credit instruments that are rated Caa or lower by Moody’s, or CCC or lower by S&P or Fitch.

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$363.169M
    Total Common Assets:$242.296M
    Common Shares Outstanding:14,464,026

    As of 9/22/2021

    Preferred Share Assets:
    Total Debt (USD): $120.874M
    Regulatory Leverage (USD): $120.874M
    Effective Leverage (USD): $120.874M
    Effective Leverage (%): 33.28%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees1.51%
    Other Expenses:0.77%
    Baseline Expense: N/A
    Interest Expense:0.88%
    Total: 3.16%
    Fund Management

    Fund Sponsor
    Apollo Credit Management, LLC

    Portfolio Managers
    Joseph Moroney, Bret Leas, Greg Obenshain, Alexander B Wright

    Category: Fixed Income - Taxable-High Yield
    Ticker: AIF
    NAV Ticker: XAIFX
    Average Daily Volume (shares): 46,709
    Average Daily Volume (USD): $0.688M
    Inception Date: 2/26/2013
    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 9/22/2021

    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 6/30/2021
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    Total Return on NAV (12 months):
    As of 9/22/2021
    Avg. Portfolio Coupon:
    As of 9/22/2021
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021

    Pricing Information

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

    As of 9/23/2021

    PeriodAvg Discount
    6 Month-7.83%
    1 Year-10.68%
    3 Year-11.84%
    5 Year-10.73%

    As of 9/22/2021

    3 Month0.21
    6 Month0.81
    1 Year1.10
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF High Yield

    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 8/31/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/22/2021
    Number of Holdings:
    As of 6/30/2021
    Annual Portfolio Turnover:
    As of 12/31/2020
    Average Bond Price:
    As of 6/30/2021
    Asset Allocation

    As of 6/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2021 reported by Fund Sponsor

    Corporate (Super Sector)139.61%
    Bank Loan106.31%
    Corporate Bond32.84%
    Asset Backed9.93%
    Securitized (Super Sector)9.93%
    Cash Equivalents (Super Sector)2.63%
    Cash Equivalents2.63%
    Preferred Stock0.46%
    Top Holdings

    As of 6/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Asset Offset$37.08M15.33%
    Milano Acquisition T/L B$8.76M3.62%
    Peraton T/L B$7.51M3.11%
    Dti Holdco T/L B-1 (Epiq)$7.13M2.95%
    Endo Pharmaceuticals T/L (3/21)$6.82M2.82%
    The Edelman Financial Engines Centre T/L B$6.15M2.54%
    Ivanti Software (Landesk) T/L B (11/20)$5.94M2.46%
    Intelsat Jackson Holdings T/L B4$5.86M2.42%
    Asurion 2nd Lien T/L B3$5.30M2.19%
    Other Liability$-166.66M-68.90%
    Credit Quality

    As of 6/30/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 6/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 6/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income127.91%
    Others - Fixed Income16.20%
    Canada - Fixed Income2.65%
    United States - Equity1.40%
    Finland - Fixed Income1.12%
    Ireland - Fixed Income0.87%
    Netherlands - Fixed Income0.32%

    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.