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Apollo Tactical Income Fund (AIF)

Taxable Bond Funds - Loan Participation

Data as of Sept. 20, 2023
Current
Market Price $13.54 (+ $0.07)
NAV (Sept. 20, 2023) $14.83 ( $0.00)
Fund Listed NYSE
Premium / Discount -8.70% (+0.47%)
Fund Info
Inception Feb. 26, 2013
Sponsor Apollo Global Management, LLC
Website www.agmfunds.com/Inves...
Phone 1-888-301-3838
NAV Symbol XAIFX
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date N/A
Objective: Current income and preservation of capital; Senior loans, corporate bonds and credit instruments
Related Indexes
High Income Index
US Bond Index
Capital & Leverage
Outstanding Shares 14,464,026
Total Assets (Reported: June 30, 2023) $336M
Estimated Total Assets $339M
Net Assets $215M
Market Cap $196M
Portfolio Turnover 90.90%
Total Leverage 36.73%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 6.23%
Non Lev Exp Ratio 2.53%
Rel Lev Cost 6.25%
Discount Data
Average Discount (3 Yr) -10.93%
Discount Low(3 Yr) -18.45%
Discount High(3 Yr) -3.96%
Discount Rel Range (3 Yr) 67.30%
Comp Discount 0.31
Discount St Dev (1Yr) 1.57
Z-Stat
Z-Stat (6mo) 2.56
Z-Stat (1Yr) 2.41
Z-Stat (3Yr) 0.70
Comp Z-Stat (6mo) 1.27
Comp Z-Stat (3Yr) 0.92
Distribution Data
Market Yield 10.81%
Income Yield 10.81%
Lev Adj NAV Yield 7.22%
Distribution Frequency M
Current Distribution $0.122
Current Income $0.122
Ex-Date 9/21/23
Payable Date 9/29/23
Div Growth (3yr) 79.41%
Dividend Change 6.1% on 12/7/22
Expected Div 10/9/23
RoC (1yr) 0.00%
RoC (3yr) 0.37%
Tax Dividend Data 2022 2020 - 2022
Income 100% 99.6%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 0.4%
Volume & Liquidity
Average Daily $ (K) $1,103
Avg Volume 30 day 140,126
Avg Volume 90 day 81,431
Volume Trend 72.08%
Comp Volume Trend 66.66%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
73.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
86.0%
Price Correlation (1yr)
vs. CEFA's Senior Loan Index
80.0%
Most Correlated Peer (Mk Pr): ARDC 82.0%
NAV - Price Correlation (30 d) 65.3%
NAV - Price Correlation (90 d) 87.0%
NAV - Price Correlation (1 Yr) 87.8%
Price St Dev (1Yr) 11.9%
NAV St Dev (1Yr) 4.7%
Earnings
Earnings / Share (6/30/23) $0.131
Earn Coverage 107.38%
Earnings Trend Up
UNII / Share (6/30/23) $0.072
Rel UNII 4.89
UNII Trend Up
Bond Specific Data
Maturity 5.11
Duration 3.57
Credit Rating (rbo) B
Investment Grade 0%
Non Investment Grade 71.10%
Unrated Bonds 28.90%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.15
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.38
NAV Beta (2yr)
vs. CEFA's Senior Loan Index
0.87

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

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