AFT - AFT: A Floating-Rate CEF As A Discount Shrinkage Play

• The Apollo Senior Floating Rate Fund focus will help protect investors as the Federal Reverse Bank fights unction by raising interest rates.
• AFT sold at a premium earlier in 2022 but has been above a 8% discount since February and at a smaller discount much of the past year.
• Investors considering floating-rate CEFs, yielding near 6.5%, with history of much better Price/NAV ratio, I would give AFT a Buy rating.

For further details see: