CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

Apollo Tactical Income Fund (AIF)

Taxable Bond Funds - Loan Participation

Data as of Aug. 12, 2022
Market Price $13.41 (+ $0.11)
NAV (Aug. 12, 2022) $14.98 (+ $0.03)
Fund Listed NYSE
Premium / Discount -10.48% (+0.56%)
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
Discount CEF/BDC Index
US Bond Index
Capital & Leverage
Outstanding Shares 14,464,026
Total Assets (Reported: Dec. 31, 2021) $414M
Estimated Total Assets $345M
Net Assets $217M
Market Cap $194M
Portfolio Turnover 137.50%
Total Leverage 37.26%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.92%
Non Lev Exp Ratio 2.36%
Rel Lev Cost 0.87%
Discount Data
Average Discount (3 Yr) -11.00%
Discount Low(3 Yr) -32.70%
Discount High(3 Yr) -3.96%
Discount Rel Range 77.32%
Comp Discount -4.49
Discount St Dev (1Yr) 3.40
Z-Stat (6mo) 0.87
Z-Stat (1Yr) -0.45
Z-Stat (3Yr) 0.14
Comp Z-Stat (6mo) 0.48
Comp Z-Stat (3Yr) -0.15
Distribution Data
Market Yield 8.68%
Income Yield 8.68%
Lev Adj NAV Yield 5.66%
Distribution Frequency M
Current Distribution $0.097
Current Income $0.097
Ex-Date 8/22/22
Payable Date 8/31/22
Div Growth (3yr) -3.00%
Dividend Change 7.8% on 7/5/22
Expected Div 8/9/22
RoC (1yr) 0.56%
RoC (3yr) 0.41%
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) $740
Avg Volume 30 day 37,972
Avg Volume 90 day 55,151
Volume Trend -31.15%
Comp Volume Trend -20.85%
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): JSD 80.0%
NAV - Price Correlation (30 d) 96.7%
NAV - Price Correlation (90 d) 83.4%
NAV - Price Correlation (1 Yr) 98.0%
Price St Dev (1Yr) 11.8%
NAV St Dev (1Yr) 4.8%
Earnings / Share (12/31/21) $0.075
Earn Coverage 76.80%
Earnings Trend Down
UNII / Share (12/31/21) $-0.020
Rel UNII -1.71
UNII Trend Down
Bond Specific Data
Maturity 5.70
Duration 4.29
Credit Rating (rbo) B
Investment Grade 0.80%
Non Investment Grade 80.30%
Unrated Bonds 18.90%
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


CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

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

The following information applies to closed-end funds and business development companies 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 (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) 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 and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.