Apollo Senior Floating Rate Fund Inc Stock News

We review CEF market valuation and performance through the third week of March and highlight recent market action. Most CEF sectors saw lower NAVs due to the drop in stocks and Treasuries, but discoun

We review CEF market valuation and performance through the first week of March and highlight recent market action. CEFs were mostly up on the week, driven by a decent PCE report. CEF investors have to

FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade)

NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)

In this article, we discuss why we recently rotated into the loan closed-end fund Apollo Senior Floating Rate Fund from its sister fund Apollo Tactical Income Fund Inc. The AFT CEF is trading at an 8.

AFT is an income fund that offers a high yield over time for income investors. While its assets are not considered investment grade, they are backed by collateral and supported by protective covenants

FTF: A Good Compromise Debt CEF For A Strong Economy In 2024

Apollo Senior Floating Rate Fund offers a high level of current income with a 12.36% yield, outperforming other debt funds. The AFT closed-end fund's focus on floating-rate securities allows it to avo

We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat on the week as markets consolida

Floating rate securities have strong yields, low duration, and have significantly outperformed YTD. There are several strong floating rate funds available to investors. Credit risk varies, but there a

Interest rates are likely to remain elevated due to the strong U.S. economy, despite inflation concerns. The U.S. debt has reached a record high, and fears of a government shutdown are exacerbating ma

Senior loans offer some of the highest yields in the market today. AFT is a particularly strong senior loan CEF, with a growing 11.5% yield, and large 11.3% discount. Both are strong on an absolute ba

Apollo Senior Floating Rate Fund focuses on senior secured leveraged loans, with a portfolio mainly consisting of single 'B' rated collateral. The fund has performed well, generating a total return of

Fidgety credit markets have knocked down prices on healthy performing senior corporate loans, as well as many other credit asset classes. Wrap those loans in a closed-end fund, and then discount the C

We review CEF market valuation and performance through the second week of May and highlight recent market action. CEFs were broadly down this week, under pressure from falling Treasuries and stocks.