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AIF / AIF: 11% Yield From This Loan CEF, On Top Of The Discount

AIF: 11% Yield From This Loan CEF, On Top Of The Discount
Apollo Tactical Income Fund (AIF) has delivered robust returns over the past year, thanks to its floating rate collateral, with a 15% total return on a 1-year look-back. The fund has an 11% distribution yield, and the market is pricing higher rates for the entirety of 2023, meaning the fund is likely to maintain the current distribution level. AIF has had a very range bound discount to NAV, which is now -12%, providing predictability of returns. Read More
Posted: Jul 24 2023, 13:35
Author Name: Seeking Alpha
Views: 092165

AIF News  

AIF: This 11.33%-Yielding Alternative Credit Fund Is A Winner

By Seeking Alpha
October 5, 2023

AIF: This 11.33%-Yielding Alternative Credit Fund Is A Winner

Apollo Tactical Income Fund has attracted attention from income-focused investors due to its high current yield of 11.33%. The fund has outperformed t more_horizontal

Apollo Tactical Income: Top Of The Capital Stack, Paying 11%

By Seeking Alpha
August 29, 2023

Apollo Tactical Income: Top Of The Capital Stack, Paying 11%

Apollo Tactical Income Fund is the top-ranked senior loan closed-end fund over the past 10 years, paying a well-covered 11% distribution. Plus, "doubl more_horizontal

AIF: 11% Yield From This Loan CEF, On Top Of The Discount

By Seeking Alpha
July 24, 2023

AIF: 11% Yield From This Loan CEF, On Top Of The Discount

Apollo Tactical Income Fund (AIF) has delivered robust returns over the past year, thanks to its floating rate collateral, with a 15% total return on more_horizontal

CEF Weekly Review: Why Are Investors Souring On Loan CEFs?

By Seeking Alpha
June 4, 2023

CEF Weekly Review: Why Are Investors Souring On Loan CEFs?

We review CEF market valuation and performance through the fourth week of May and highlight recent market action. CEFs had another down week - the fou more_horizontal

AIF: Hedge Your Interest Rate Risk With This Affordable CEF

By Seeking Alpha
April 20, 2023

AIF: Hedge Your Interest Rate Risk With This Affordable CEF

Investors today are in desperate need of income due to the rapidly-rising cost of living. Apollo Tactical Income Fund Inc. invests primarily in a port more_horizontal

AIF: Fully Funded Yield But Shrinking NAV

By Seeking Alpha
February 4, 2023

AIF: Fully Funded Yield But Shrinking NAV

The AIF fund provides high current income through a portfolio of senior loans, corporate bonds, and other credit investments. The fund pays a high for more_horizontal

AIF: Continuing To Perform In A Tough Fixed Income Environment

By Seeking Alpha
November 12, 2022

AIF: Continuing To Perform In A Tough Fixed Income Environment

AIF is a closed-end fund with a 70/30 leveraged loans/high yield bonds allocation. The CEF is down only -13% year to date, despite a doubling of all-i more_horizontal

AIF: Leveraged Loan Fund From Apollo, 8.5% Yield

By Seeking Alpha
July 13, 2022

AIF: Leveraged Loan Fund From Apollo, 8.5% Yield

AIF is a closed-end fund with a 70/30 leveraged loans/high yield bonds allocation. The fund comes from a premier asset manager in Apollo and leverages more_horizontal


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