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Apollo Tactical Income Fund (AIF)

Taxable Bond Funds - Loan Participation

Data as of March 24, 2023
Market Price $11.82 (- $0.06)
NAV (March 24, 2023) $13.89 (- $0.03)
Fund Listed NYSE
Premium / Discount -14.90% (-0.25%)
Fund Info
Inception Feb. 26, 2013
Sponsor Apollo Global Management, LLC
Website www.agmfunds.com/Inves...
Phone 1-888-301-3838
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
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: Dec. 31, 2022) $327M
Estimated Total Assets $318M
Net Assets $201M
Market Cap $171M
Portfolio Turnover 70.90%
Total Leverage 36.91%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 4.00%
Non Lev Exp Ratio 2.42%
Rel Lev Cost 2.61%
Discount Data
Average Discount (3 Yr) -11.34%
Discount Low(3 Yr) -18.53%
Discount High(3 Yr) -3.96%
Discount Rel Range (3 Yr) 24.90%
Comp Discount -1.96
Discount St Dev (1Yr) 1.50
Z-Stat (6mo) -1.61
Z-Stat (1Yr) -1.66
Z-Stat (3Yr) -1.01
Comp Z-Stat (6mo) -0.62
Comp Z-Stat (3Yr) -0.17
Distribution Data
Market Yield 12.39%
Income Yield 12.39%
Lev Adj NAV Yield 7.70%
Distribution Frequency M
Current Distribution $0.122
Current Income $0.122
Ex-Date 3/23/23
Payable Date 3/31/23
Div Growth (3yr) 25.77%
Dividend Change 6.1% on 12/7/22
Expected Div 4/12/23
RoC (1yr) 0.00%
RoC (3yr) 0.40%
Tax Dividend Data 2021 2019 - 2021
Income 98.7% 99.6%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 1.3% 0.4%
Volume & Liquidity
Average Daily $ (K) $764
Avg Volume 30 day 74,338
Avg Volume 90 day 64,662
Volume Trend 14.96%
Comp Volume Trend 13.66%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Senior Loan Index
Most Correlated Peer (Mk Pr): ARDC 87.0%
NAV - Price Correlation (30 d) 92.4%
NAV - Price Correlation (90 d) 94.6%
NAV - Price Correlation (1 Yr) 94.4%
Price St Dev (1Yr) 13.8%
NAV St Dev (1Yr) 5.9%
Earnings / Share (12/31/22) $0.114
Earn Coverage 93.11%
Earnings Trend Up
UNII / Share (12/31/22) $0.017
Rel UNII 1.19
UNII Trend Up
Bond Specific Data
Maturity 5.25
Duration 3.80
Credit Rating (rbo) B
Investment Grade 0.90%
Non Investment Grade 85.50%
Unrated Bonds 13.60%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Senior Loan Index


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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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