Apollo Tactical Income Fund Inc. (AIF) Stock

About Apollo Tactical Income Fund Inc.

Apollo Tactical Income Fund Inc. operates as a closed-end investment vehicle specializing in debt securities, with its management entrusted to Apollo Credit Management, LLC. The fund primarily allocates capital within the fixed income sphere, concentrating on senior secured loans (including floating-rate varieties), high-yield corporate bonds, and a range of other credit instruments with diverse maturities. These investments are typically made in companies whose debt ratings are considered below investment grade. A key aspect of its strategy involves a meticulous credit selection process, emphasizing robust collateral coverage, structural seniority, and strong credit fundamentals. This includes seeking out companies with established, defensible market positions, consistent positive cash flow, and experienced management teams to construct its portfolio. The fund was established in the United States on February 25, 2013.

Apollo Tactical Income Fund Inc. is headquartered in US.

Apollo Tactical Income Fund Inc. (AIF) stock trades at $14.82 with a market capitalization of $214.41M. The stock is valued at a price-to-earnings (P/E) ratio of 6.18, price-to-book of 1.00, price-to-sales of 5.82. Over the past 52 weeks the stock has ranged between $12.49 and $15.45, and currently trades 4.1% below its 52-week high. It pays a dividend yielding 11.80%.

On profitability, Apollo Tactical Income Fund Inc. generates a return on equity (ROE) of 16.75%, above the typical market average, return on capital employed of 10.33%, an operating margin of 94.15%, a net profit margin of 94.15%.

Official website: www.agmfunds.com/InvestmentInformation/TacticalIncomeFund.aspx