Apollo Tactical Income Fund Inc Aktie News

Naturally, one should monitor their portfolio on a regular basis in case there are any news events or market circumstances that can affect a stock price or its dividend adversely.

Pending merger of Apollo CEFs AIF and AFT with BDC MFIC presents a unique investment opportunity. Buying shares of AIF now offers monthly income and potential capital gains from the merger. AIF shareholders will receive shares of MFIC common stock based on NAV conversion and bonus supplemental cash dividends if the merger is approved.

NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- (NYSE: AIF) - Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of April 2024 of $0.144 per common share, payable on the date noted below.

Introducing a new recurring series to help you sift through ideas and data on the site: The "Undercovered" Dozen. In this monthly series, we'll cover twelve ideas from the previous month on stocks that receive limited coverage across Seeking Alpha.

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 discounts tightened in all but 3 sectors. Saba is in a fight with ASA Gold & Precious Metals CEF, which has adopted a rights offering to dilute Saba.

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- (NYSE: AIF) - Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of March 2024 of $0.138 per common share, payable on the date noted below.

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

The Apollo Tactical Income Fund offers a high level of income with a current yield of 10.74%, higher than many other investment options. The fund has outperformed the Bloomberg U.S. Aggregate Bond Index over the past five years, giving it a history of very strong performance. The fund's management has been actively adjusting its portfolio, increasing its allocation to floating-rate loans and re...